Pune, India -- (SBWIRE) -- 05/17/2018 -- Cement Tiles Global Market - Overview
Cement Tiles also known as Hydraulic Tiles/ Concrete Tiles are handmade tiles available in various colors, sizes and designs. They are majorly used for roofing, flooring & cladding in residential, commercial as well as industrial buildings. Cement Tiles offer an economical solution for decorating walls, Fireplace, swimming pool, porch, gardens and parking. This is the key factor that makes Cement Tiles the best material of choice when it comes to cost effective construction. Hence these tiles perceive an extensive uptake propelling its market growth worldwide.
Burgeoning construction industry coupled with the government initiatives for infrastructure development worldwide fosters the Cement Tiles market escorting it to the ascended heights. Considering the increasing accruals the market is witnessing currently, in its recently published study report Market Research Future (MRFR) asserts that the global Cement Tiles market will accrue a voluminous growth by 2023, registering ~4.12% of a CAGR during 2017 to 2023.
Owing to the unparalleled properties like durability, low cost and ease of maintenance, Cement Tiles find applications in diversified fields in public & private sectors. This also makes it possible to experience sustained growth in housing sector and exceeds the growth of cement industry too, which results in improved efficiency, transportation and logistics in the market.
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However, surface of these tiles that makes them unfit for certain locations and manufacturing process of the tiles that uses a significant amount of energy emitting a large amount of carbon dioxide such factors are restricts the market growth of cement tiles. Nevertheless, expected technological advancements in the recent future, through R&D are likely to present eco-friendly manufacturing processes and a smooth surface making it suitable in almost all locations.
Cement Tiles Global Market - Competitive Landscape
The Market appears to be fiercely competitive and diversified with the presence of large number of players having global presence. These players are heavily investing in R&D, global expansion, advanced technologies and product Launch. They strive to develop a process with unrivalled design and features that is on a completely different level compared to their competition.
February 09, 2018 – Serpentine Pavilion (The Serpentine Galleries, UK), the prestigious yearly commission in UK - named Ms. Frida Escobedo, a Mexican architect as the designer of the year featuring the water pool latticed enclosure surrounding designed by Frida using dark latticed walls, made from cement tiles.
January 16, 2018 – Robertson Partnership Homes (UK) a prominent contractor to deliver kingdom's ambitious scheme - saw Fife partnering with Kingdom Housing Association stated that Russell Roof Tiles, (manufacturer of sustainable concrete roof tiles) has been manufacturing 100,000 of its Grampian concrete tiles at its local Lockerbie factory to deliver to the UK£12 million social housing project in Scotland.
February 6, 2018 - Frank Lloyd Wright (US) an architectural product manufacturing company launched a new range of sound proof cement tiles that the company developed partnering with Offecct, a global design company offering construction materials like tiles/panels. These tiles can also be used as indoor wall panels and is one of the many noteworthy innovations that this
Worldwide Cement Tiles Market –Regional Analysis
Asia Pacific accounted for the largest market share and will continue to dominate the market in the forecast period. APAC Cement Tiles Market is field by the burgeoning construction and real estate industry and the growing urbanization in the region. Also encouraging government policies focusing on housing and infrastructure development coupled with initiatives such as rural employment guarantee, and low cost housing in urban & rural area under schemes fuel the cement tiles market demand.
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