Ceramic Tiles Market is expanding at a 6.5% CAGR between 2020 and 2030

Posted by omkar on October 23rd, 2019

The Global Ceramic Tiles Marketsize is estimated to be USD 1.39 billion in 2019 and is predicted to reach USD 121.02 billion by 2030 with a CAGR of 6.5% from 2020-2030. Ceramic filters are basically used to filter dirt, debris, and bacteria out of water. They are generally used for the water purification and can be also used as the air filters. The benefits provided by these filters are effectiveness in removing bacteria, viruses, turbidity, cysts, protozoa, and other contaminants., natural way of filtering water, and affordable, among others. Application for sewage water helps in controlling the biological oxygen demand of the waste water before disposal in natural water bodies.

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Environmental regulations and mandates governing water treatment & disposal and air emissions are touted to complement the global market growth. Rules & regulations issued by governments and agencies such as Energy & Environment Affairs (EEA), Environment Protection Agency (EPA), National Science Foundation (NSF), European Environment Agency (EEA), American Society for Testing and Materials (ASTM) are presumed to play a critical role in emerging the global market during forecast period. Moreover, growing acceptance across major end-use industries is estimated to assist the market growth in the upcoming years. However, high initial capital cost is expected to hamper the growth of market in the coming years. Volatile prices are also anticipated to pose a threat to overall growth.

With the presence of a substantial number of manufacturers, the market seems to be moderately fragmented. Vendors in the market are encouraging the use of silver impregnated activated carbon ceramic filters to survive in this competitive market. By providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies, this market research report on the market will benefit clients to design unique growth strategies and identify new growth opportunities. Furthermore, the market research report also recommends areas the companies should focus on to enhance their customer base across various region. Therefore, the growth of market is characterized by numerous opportunities to market players, owing to rise in disposable income coupled with the rapid growth in the economy across the globe.

Market Segmentations and Scope of the Study:

The Ceramic Tiles Marketshare is analysed on the basis of product, application, industrial application and geography. On the basis of product, the market is bifurcated into ceramic water filters and ceramic air filters. Based on the application, the market is segmented into residential, commercial, and industrial. According to the industrial application, the market is classified into the hot gas filtration, oil/water separation, bio-filtration, and others. The geographical segment of the advanced ceramics market covers North America, Europe, Asia Pacific, and Rest of the World.

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Comprehensive competitive analysis and profiles of major market players such as Haldor Topsoe A/S, Unifrax I LLC, Doulton Ceramics, Ceramic Filters Company Inc., Glosfume Ltd., Water Ceramic Filters Manufacture Corporation, Tri-Mer Corporation, Anguil Environmental Systems Inc., ClearEdge Filtration, Pall Corporation, Veolia, and 3M Company also provided in this Ceramic Tiles Marketreport.