Skip to main content

Ceramic Tiles Market to be worth of US$ 1.8 Bn By 2017-2022




Tiles find wide-ranging applications in the construction sector. 

 They are used for covering floors, roofs, walls, and table tops of buildings. 

 The function of such tiles varies from providing protection and durability to enhance the aesthetic appeal of walls and buildings. 

 Tiles are made using various materials such as stone, metal, ceramic, and glass. 

 Tiles made from ceramic materials are referred to as ceramic tiles and find extensive applications in the construction business. 

 Based on application, ceramic tiles can be classified into floor tiles, wall tiles, industrial tiles, and vitrified or porcelain tiles. 

 Ceramic tiles are lightweight, corrosion-resistant, durable, they show consistency in color and easy to maintain. 

 These properties make them a much preferred option for use in the construction industry, which is driving the India ceramic tiles market. 

 Moreover, ceramic tiles are used to decorate homes. 

 This can present several opportunities in the market. 

 However, there is high volatility in the prices of raw material such as bentonite, feldspar, silica sand and kaolin. 

 This is a main restraint likely to hinder the growth of the India ceramic tiles market. 

 Other aspects such as emission of greenhouse gases and particulate matter while processing of ceramic tiles, especially during drying and machining operations, hamper the growth of the ceramic tiles market.

 Ceramic is non-metallic, inorganic, and typically crystalline in nature. 

 It is chemically composed of nitride or oxide or carbide materials. 

 Sometimes, partially crystalline elements such as silicon, glass, and carbon are also considered as ceramics. 

 Different ceramics are manufactured through specific processes, of which the common process is to heat and subsequently cool the material to a certain temperature. 

 Naturally, ceramics are strong, brittle and hard in compression, but are weak in tension and shearing. These properties make ceramics resistant to harsh environments and caustic or acidic materials.
Owing to these differentiating characteristics of ceramics, they find applications in a variety of products which are categorized as:
Structural: This includes ceramic applications in roof and floor tiles, pipes, and bricks

White ware: This includes ceramic applications in wall tiles, cookware, tableware, sanitary ware, pottery products, and more

Refractory: This includes applications in gas and fire radiant, kiln linings, glass and steel crucibles, and so on

Other: This includes all other applications of ceramics in various industries such as knife blades, disc brakes in vehicles, watch cases, and biomedical implants, among others

According to research report on the India ceramic tiles market, the market is anticipated to reach a value of about US$ 1.8 Bn by 2022 reflecting a sluggish CAGR during the forecasted period of 2017-2022.
Porcelain Ceramic Tiles Dominate the India Market
Porcelain ceramic tiles segment by product type is set to dominate the India ceramic tiles market. 
This segment is anticipated to reflect a higher market share of about 47.7% by the end of 2022 and also is expected to grow at a higher rate as compared to other product segments, and poised to register a CAGR of 2.7% throughout the period of forecast 2017 to 2022. 
It can be beneficial to consider India porcelain ceramic tiles market from an investment standpoint
Glazed and Unglazed Ceramic Tiles Experience Slow Growth
The glazed and unglazed ceramic tiles segments by product type experience slow growth rate as compared to porcelain segment, however, porcelain and glazed ceramic tiles segment do not have much of a difference with respect to growth rates during the period of forecast. 
However, it has a higher market share than glazed ceramic tiles. 
Unglazed segment is poised to reflect even slower growth than glazed segment. 
Both the segments are expected to lose BPS whereas porcelain segment poised to show higher gain in the BPS by the end of 2022
Commercial Segment Surpasses Household Segment
The commercial segment by application is poised to register a faster growth compared to the household segment and is anticipated to reach a CAGR of 2.7% throughout the period of forecast of 2017 to 2022. 
This segment is also expected to show higher gain in the BPS by the end of 2022
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of the India ceramic tiles market through 2022, 
which include

Harvi Exports, 
We believe transformative intelligence can educate and inspire businesses to make smarter decisions. 

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Health Benefits of Psyllium Husk, the Fiber Source You Haven’t Tried Yet

Fiber can help normalize blood sugar, which is good news for diabetics. Unsplash/Daria Nepriakhina Everyone knows how important fiber is for the body, as it benefits everything from digestive health, to weight management, to blood sugar and cholesterol maintenance. That said, there are many ways to get fiber in your diet, but one of the best sources is an edible, soluble fiber called psyllium husk. You may have seen psyllium husk marketed as a natural laxative in health food stores, and that’s because this bulking fiber promotes healthy elimination by detoxing the colon quickly and effectively. I also love it because it’s a known prebiotic, which means that it helps to feed to good bacteria (probiotics) in the gut. But that’s not all it can do. Here are five additional ways psyllium husk benefits the body: Boosts Heart Health Psyllium husk consumption has been shown to help with triglyceride and blood pressure levels, which in turn lowers the risk of heart di...
3 comments
Read more

QUOTAS? Is Essential For Your Success. Read This To Find Out Why

Quotas are a quantity control on imported goods.  Generally, they are specific provisions limiting the amount of foreign products imported in order to protect local firms and to conserve foreign currency.  Quotas can be used for export control as well. An export quota is sometimes required by national planning to preserve scarce resources.  From a policy standpoint, a quota is not as desirable as a tariff since a quota generates no revenues for a country.  Two kinds of voluntary quotas can be legally distinguished: VER (voluntary export restraint) and OMA (orderly marketing agreement).  Whereas an OMA involves a negotiation between two governments to specify export management rules, the monitoring of trade volumes, and consultation rights, a VER is a direct agreement between an importing nation's government and a foreign exporting industry (i.e., a quota with industry participation).  Both enable the importing country to circumvent the GAT...
1 comment
Read more

Onion export jumps 56% in Apr-July, but India now importing

India's onion export rose by 56 per cent to 12.29 lakh tonnes in April-July this year, but the country has now gone in for import of the kitchen staple as retail prices have shot up to Rs 65-70 per kg because of tight supplies. In value terms too, the onion export increased by 47.69 per cent to Rs 1,443.09 crore in the period under review, from Rs 977.84 crore a year ago, it said. Last week, the government allowed state-owned agencies like MMTC to import onion from countries like Egypt and China to increase availability and cool retail prices that have skyrocketed to Rs 65-70 a kg level in many parts of the country. According to data maintained by the Directorate General of Commercial Intelligence and Statistics (DGCIS), the country has exported 12.29 lakh tonnes of onion during April-July of 2017-18, up 56 per cent from 7.88 lakh tonnes in the year-ago period. "Exports increased during April-July because of two reasons: firstly, there was no minimum e...
Post a Comment
Read more