USA Cement Tiles Market Analysis
Global USA cement tile market is touted to have an exponential growth at an impressive 4.12% CAGR over the forecast period (2017-2023). Cement tiles are extremely versatile and thus can be used in innumerable outdoor and indoor projects. Though traditionally utilized for floors, today cement tiles are used to add a unique and innovative decorative touch to walls as well as other spaces. Created with three layers, it is always handcrafted with that personal touch and is 100% recyclable. Cement tiles are stylish and functional thereby making it ideal for almost every project. It is most commonly utilized for floors yet are also appealing on wall. From homes to restaurants, in every style and color, these tiles can offer a flawless decorative touch to a space.
Owing to its alluring features, cement tiles for the last couple of years has been the finest material of choice in both non-residential and residential infrastructure. Due to its accessibility in an array of glazing options, colors, textures, sizes and shapes, cement tiles are widely used. It can be used just anywhere including building facades, pools and patios, fireplace surrounds, walls, floors and more. The ultra-thin, lightweight with anti-bacterial characteristics are turning into an ideal pick for pharmaceutical industries, hospitals and hotels, where hygiene is of utmost concern. Besides its wonderful patterning, these tiles have many benefits over other varieties of tiles such as it is non-slippery, durable, decorative, environmentally friendly and above all is customizable. With the majority of people spending more time outdoors, these tiles are an ideal option for patios provided one resides in a climate which will not freeze. Often local manufacturers produce cement tiles where recycled materials are used such as silica fume, recycled aggregates and crushed glass. The manufacturers make custom floor designs resting on the precise colors chosen by homeowners.
There are plentiful factors that is boosting the growth of the cement tiles market. These factors as per the Market Research Future (MRFR) report include ease of maintenance, durability, increasing industrialization and urbanization rates, rising disposable income, development in the real estate sector, advancements in technology, and growing customization or personalization trends. The additional factors that are propelling the market growth include development of novel and diversified technologies, emphasis on infrastructure development, burgeoning need for tiles that are fire and moisture resistant, is durable, offers improved aesthetics and are easy to maintain, increasing number of residential buildings, laboratories and hospitals and increasing popularity of cement tiles. On the contrary, cement tiles need a significant expenditure of carbon dioxide and energy that may hinder the growth of the cement tiles market. Besides, cement tiles are comparatively heavy which means it is not ideal for any upper story installation. This again can deter market growth over the forecast period.
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Key Players
Leading players profiled in the cement tiles market include Uni-Group (U.S.), Boral (U.S.), Vande Hey Raleigh Mfg., Inc. (U.S.), Villa Lagoon Tile (U.S.), Avente Tile (U.S), Harmouch (Egypt), Ross Roof Group (New Zealand), Ultra Tile (India), GranitiFiandre S.p.A. (Italy), and Lafarge (France).
April 2019- The recent, (re)New (re)Work show held in New York marked the gathering of 13 creative designers from all across Egypt. It showcased everything from copper and brass work, exquisitely crafted cement tiles, which manifests Egyptian heritage, silver chair, hand-blown glass bulb methods and much more.
Market Segmentation
MRFR report provides an extensive segmental analysis of the cement tiles market on the basis of type and application.
Based on type, it is segmented into Flat tile, Corrugated Tile and S Tile.
Based on application, the cement tiles market is segmented into industrial, commercial and residential.
Regional Analysis
By region, the cement tiles market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, Asia Pacific will remain the driving force in the market over the forecast period due to rapidly increasing urban population and growth in the construction sector. Besides, the emphasis being laid by the government on infrastructure development and housing with initiatives namely low-cost housing both in rural and urban area under schemes and rural employment guarantee are boosting the market growth.