Author: Robin white

Strong math and analytical skills. Ability to Build and Maintain Analytical Models, Analyze Consumer Demographics, Preferences, Needs, and Buying Habits Analyze Data to Draw Both Qualitative and Quantitative Conclusions Devise and Evaluate Methods for Collecting Data (Surveys, Questionnaires, Opinion Polls)

Top leading Market Players in Pipeline Monitoring System Market

The global pipeline monitoring system market size is projected to grow from USD 13.2 billion in 2021 to USD 19.2 billion by 2026, at a CAGR of 7.8% from 2021 to 2026. Pipeline monitoring is a single system that detects smaller leaks or damages securely and more reliably while simultaneously monitoring for third-party interference and other external pipeline threats to prevent leaks altogether. Pipeline monitoring system is widely used in end-use industries such as crude & refined petroleum, and water & wastewater, amongst others.

The APAC region is projected to be the fastest-growing region in the pipeline monitoring system market in terms of both value and volume from 2021 to 2026. This region is witnessing the highest growth rate due to the rapid economic expansion. According to the IMF, China and India are among the fastest-growing economies globally. India is expected to overtake China with the highest growth rate, thus driving the global economy. The expansion of existing pipelines and development of new ones increased incidents of oil and gas leakages in pipelines and storage tanks at production facilities, and formulation of stringent regulations by the governments for the implementation of leak detection technologies and systems in different countries of APAC, and rapidly growing industrial sectors are expected to drive the market in APAC.

To know about the assumptions considered for the study download the pdf brochure

The pipeline monitoring system market has thousands of companies that thrive in their domestic market. A few of the major players are, Siemens AG (US), Honeywell International Inc. (US), Huawei Technologies Co. Ltd. (China), BAE Systems (UK), and TransCanada PipeLines Limited (Canada), among others. These players have adopted various growth strategies, such as mergers & acquisitions, and expansions, to increase their market shares and enhance their product portfolios.

Siemens AG is a leading engineering and manufacturing company in Europe operating in the principal divisions of Digital Industries, Smart Infrastructure, Mobility and Siemens Healthineers, which together form the Industrial Businesses and Siemens Financial Services (SFS). These divisions represent the main activities of the company. Its focus is on the areas of electrification, automation, and digitalization. Siemens AG Gas and Power, which is headquartered in Houston, Texas, is the only company in the world that can provide fully integrated products, solutions, and services across the energy value chain of oil & gas production, power generation, and transmission.

Honeywell International Inc. is a diversified technology and manufacturing company. It operates through four business segments, namely, Aerospace (previously known as Transportation, Automation and Control Solutions (ACS)), Performance Materials and Technologies (PMT), Honeywell Building Technologies, and Safety & Productivity Solutions. PMT is one of the largest segments of Honeywell which develops and manufactures high-quality performance chemicals and materials, process technologies, and automation solutions. Process Solutions business is a pioneer in automation control, instrumentation, advanced software, and related services for the oil & gas, refining, pulp & paper, industrial power generation, chemicals & petrochemicals, biofuels, life sciences, and metals, minerals, and mining industries. Its competitors for Automation and Control solutions are 3M, Johnson Controls, Schneider, Siemens AG, and Zebra-Motorola (Zebra Technologies Corporation has acquired the Enterprise business of Motorola Solutions, Inc.).

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=138709351

Asia-Pacific region to be the largest market for plumbing fixtures & fittings

The plumbing fixtures & fittings market size is estimated to grow from USD 86.5 billion in 2018 to USD 139.4 billion by 2027. Factors such as increasing demand in Asia-Pacific due to rapid urbanization, building renovations due to disasters and upgradations,  rising construction activities in emerging economies, and large-scale investment in industrial and infrastructure sectors are some of the drivers for the growth of the plumbing fixtures & fittings market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=77394490

The Asia-Pacific region led the market in 2018 due to its large population and its proven identity of a major manufacturing hub that offers production opportunities at affordable costs to companies. As plumbing fixtures & fittings are used widely in residential and non-residential buildings, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has become a large market for these packaging solutions. This was followed by North America, which was the second-largest market for plumbing fixtures & fittings followed by RoW and Europe.

The global market for plumbing fixtures & fittings is dominated by players such as Geberit AG (Switzerland), Kohler Co. (U.S.), Jacuzzi Inc. (U.S.), Masco Corporation (U.S.), LIXIL Group Corporation (Japan), Fortune Brands Home & Security, Inc. (U.S.), TOTO Ltd (Japan), Roca Sanitario, S.A. (Spain), Elkay Manufacturing Company (U.S.), and MAAX Bath Inc. (Canada).

Residential buildings to gain maximum traction during the forecast period

The residential buildings segment dominated the market in 2018 and is projected to be the fastest-growing end-user industry in the next five years, as a result of the rising urbanization and changing lifestyle inclined toward new designs and better technology in homes. The residential market is projected to grow at the highest rate due to the rise in new and existing housing completions. Furthermore, the non-residential segment is projected to be the second fastest-growing end-use industry due to the rising demand from commercial buildings such as hotels, gyms, and spa resorts.

Plastics as a raw material to play a key role in the plumbing fixtures & fittings market

The report defines and segments the plumbing fixtures & fittings market on the basis of raw material into vitreous china, metal, and plastics. The vitreous china segment is projected to contribute the largest market share as it is the most economical material for domestic fixtures such as toilet bowls, urinals, and washbasins. Plastic plumbing fixtures & fittings, made from a wide range of polymers such as fiberglass, cast polymer, and acrylic, is projected to grow at the highest rate from 2018 to 2027.

Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=77394490

3 Resent Development in Pre-engineered Buildings Market

The global pre-engineered buildings market size is projected to grow from USD 14.5 billion in 2019 to USD 25.0 billion by 2024, at a CAGR of 11.5% during the forecast period. The increasing demand for green buildings and need for reduction in construction time and cost, along with the demand for lightweight building structure, are projected to drive the growth of the pre-engineered buildings market.

Asia Pacific accounted for the largest share in 2018 and is also projected to record the highest growth rate during the forecast period. The key factors driving the growth of the Asia Pacific pre-engineered buildings market are the growth in the residential and non-residential construction industry, huge investments in the infrastructural sector, and rapid industrialization in the developing countries of Asia Pacific. Furthermore, various benefits of these buildings, including time & cost efficiency and reduced environmental impact, as compared to cast-in-situ construction, are fueling the demand for these buildings in the developing countries of Asia Pacific.

To know about the assumptions considered for the study download the pdf brochure

Recent Developments

  • In March 2019, Nucor Corporation has planned to expand its steel plate production capacity by building a steel plate mill in Brandenburg, KY, US. The company has planned an investment of USD 1.35 billion in the mill. This mill has a planned production capacity of 1.2 million tons of steel products per annum. This is expected to strengthen the company’s steel plate product portfolio, which is further expected to support its pre-engineered buildings production, as steel plates are used as a raw material to manufacture pre-engineered buildings.
  • In August 2017, Zamil Steel Pre-engineered Building Company signed a contract with Agility Kuwait to build four air-conditioned warehouses in Mina Abdullah, Kuwait. This contract was valued at USD 6.7 million. Under this contract, the company would provide 4,600 metric tons of pre-engineered steel buildings and over 100,000 square meters of sandwich panels.
  • In February 2016, Everest Industries built a 4.5 lac sq. ft. exhibition center, India Exposition Mart, in Greater Noida, India. This project was completed in 180 days and was valued at USD 5.22 million. This product launch is expected to enhance the company’s product portfolio.

The pre-engineered buildings market is dominated by major players such as BlueScope Steel (Australia), NCI Building Systems (US), Nucor Corporation (US), Kirby Building Systems (Kuwait), Zamil Steel Holding Company (Saudi Arabia), ATCO (Canada), Lindab Group (Sweden), PEBS Pennar (India), PEB Steel Buildings (Vietnam), and Everest Industries (India). These players adopt various growth strategies such as contracts/orders/project developments, new product developments, divestitures and expansions, and acquisitions to increase their market share. Contracts/orders/project developments were the most dominating strategies adopted by major players from January 2016 to March 2019; this helped them to improve their product offerings and broaden their customer base.  

Don’t miss out on business opportunities in Pre-engineered Buildings Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Low rental penetration in emerging nations drives the Construction Equipment Rental Market

The construction equipment rental market is projected to grow from USD 98.6 billion in 2019 to reach USD 121.6 billion by 2024, at a CAGR of 4.3% from 2019 to 2024. The major drivers for the market include the increasing demand for rental equipment due to various benefits, shift in trend towards rental, increasing infrastructure activities in emerging nations, and cost-benefits associated with the use of construction equipment on a rental basis rather than purchasing it.

To know about the assumptions considered for the study download the pdf brochure

Rental penetration is an important measure to assess the opportunity in terms of potential markets versus the current market. A relatively low level of rental penetration suggests a significant market opportunity for rental companies to expand their business. On the other hand, a high level of rental penetration indicates the market is saturated and will only expand at the rate of overall fleet expansion. As compared to the global average among developed nations and even the BRICS countries, countries such as India and China have a marginal penetration of construction equipment rental

In today’s economy and considering the cyclical nature of the construction industry, the benefits of renting construction equipment are amplified. Many contractors, construction companies, and a wide variety of industries are more and more exploring rental options. As cited by Keith Homes, Vice President of operations at the equipment rental platform BigRentz, there has been a significant shift from purchasing new equipment to the rental model among the contractors and construction companies that use the site. Many economists and business leaders foresee economic recession to be on the horizon, which may further fuel the demand for equipment rental and push companies even further away from leasing and ownership. There are several costs associated with the purchase of new equipment, such as the cost of equipment ownership, the initial asset cost, and the tenure to pay off equipment financing, plus maintenance and repair costs.

Construction companies are wary of such costs and, on top of this cost factor, the cyclical nature of the construction industry and economic fluctuations can make it difficult for organizations to fully utilize the equipment they have purchased and obtain the most value, especially when that equipment is idle during slow business conditions. In this case, rental is an attractive alternative, particularly as some companies brace for economic recession and the potential implication of operational slowdown.

Key players in the construction equipment rental market, such as United Rentals Inc. (US), Ashtead Group Plc (UK), Loxam (Paris), Herc Holdings Inc. (US), Aktio Corporation (Japan), Nishio Rent All Co. Ltd. (Japan), and Kanamoto Co. Ltd.  (Japan), among others, are considered for the study.

Don’t miss out on business opportunities in Construction Equipment Rental Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Europe region is projected to account for the largest share in the rainscreen cladding market

The rainscreen cladding market is projected to grow from USD 10.1 billion in 2019 to USD 14.3 billion by 2024, at a CAGR of 7.1% from 2019 to 2024. Rainscreen cladding market is expected to grow in accordance with the growth of the construction industry across the globe. Factors such as increase in the residential and non-residential construction and innovation as well as remodeling activities, along with the demand for durability of rainscreen cladding with the ability to withstand various weathering actions and resist chemical attacks & deterioration are expected to support market growth during the forecast period.

To know about the assumptions considered for the study download the pdf brochure

The Europe region is expected to lead the rainscreen cladding market in terms of both value and volume, from 2019 to 2024. Factors such as the increasing number of new housing units and huge investments in the infrastructural sector is expected to drive the rainscreen cladding market growth in the European region. Also, countries such as UK, Germany, France, Russia are considered to be developed markets in the construction sector as compared to the emerging markets such as Italy due to the tremendous growth of the construction opportunities in these countries has also driven the demand for rainscreen cladding .

The rainscreen cladding market has been dominated by large players such Kingspan Insulation (UK), SIKA (Switzerland), Rockwool International A/S (Denmark), Everest Industries Limited (Denmark), SFS Group AG (US). These players have adopted various growth strategies such as expansions, investments, new product developments, acquisitions, partnerships, agreements, and joint ventures to increase their market shares and enhance their product portfolios.

Kingspan Insulation Ltd (UK) is one of the key players in the manufacturing of fabricated & high-performance insulation as well as building envelope solutions. The company operates through its five business segments, namely, insulated panels, insulation boards, data & flooring technology, light & air, and water & energy. Its extensive product portfolio includes architectural façade , structural framing, metal facades, insulation boards, building services insulations, engineered timber , daylighting, smoke management, micro-wind , ventilation , energy storage solutions, and insulated panels. The company operates in the rainscreen cladding market via architectural façade . The company has more than 129 manufacturing sites and is present across more than 70 countries worldwide.

Sika AG (Sika) (Switzerland), is one of the global leaders in the specialty chemicals industry and operates through two business segments, namely, construction and industrial manufacturing. The company produces concrete & mixtures, mortar, sealants & adhesives, tooling resins, anti-static industrial flooring, and acoustic material. Under the construction segment, the company offers products and solutions for building components, cement industry, concrete technology, concrete refurbishment, elastic bonding, flooring & coating, gypsum & dry mortar, joint sealing, roofing, structural bonding, tiling , and waterproofing. The industry segment includes automotive, automotive aftermarket, building components, general industry, marine, renewable energies, and transportation industry. Sika AG has a presence in more than 50 countries, including Germany, India, Brazil, Chile, Morocco, and Australia, across five continents. Sika has subsidiaries in 95 countries worldwide and over 170 factories.

Don’t miss out on business opportunities in Rainscreen Cladding Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

The North American region accounts for the largest market share in the pipeline monitoring system market

Pipeline monitoring is a single system that detects smaller leaks or damages in pipelines securely and more reliably, while, simultaneously, monitoring them for third-party interferences and other external threats to prevent leaks. MarketsandMarkets projects that pipeline monitoring system market size will grow from USD 4.6 billion in 2019 to USD 6.5 billion by 2024, at a compound annual growth rate (CAGR) of 7.1% from 2019 to 2024. The increase in demand for pipeline monitoring systems for crude & refined oil is driving the growth of the pipeline monitoring system market.

To know about the assumptions considered for the study download the pdf brochure

North America contributes a major market share in the global pipeline monitoring system market. The North American market is projected to grow at the highest rate than the other region, as many new pipelines are under construction in this region. Asia Pacific is projected to register the highest growth after North America from 2019 to 2024, while Europe accounts for the second-largest market share in the market.  Emerging economies such as India, China, and Japan are projected to grow at moderate CAGRs between 2019 and 2024.

The increase in demand of pipeline monitoring systems for crude & refined oil is driving the growth of the pipeline monitoring system market, which is expected to witness high growth as a result of the increasing number of oil & gas leakages in production, pipelines, and storage tanks due to natural disasters and high pressure; and the stringent government regulations for pipeline safety and security and expansion and upgradation of pipelines. The growing trend of the development of new devices and solutions to monitor pipeline performance, optimize resources, automate the functions, and safeguard the operations are witnessing the growth of the pipeline monitoring system market.

Major players in the pipeline monitoring system market includes Siemens AG (Germany), Honeywell International Inc. (U.S.), BAE Systems (U.K), Perma Pipes(U.S), Transcanada ( Canada), PSI AG (Germany), Pure Technology (Canada), Orbcomm Inc. (U.S.), and Huawei (China).

Recent Developments

  • In March 2019, Siemens equipped 29 gas turbines with Remote Diagnostic Services for Gail India Limited across the Hazira-Vijaipur-Jagdishpur(HVJ) pipeline and the Vijaipur C2/C3 plant to provide advanced software services for an easy manufacturing process.
  • In January 2019, Transcanda started a new project named  Mountaineer Xpress (MXP), a Columbia Gas project, designed to transport supply from the Marcellus and Utica shale plays to points along the system and to the Leach interconnect with Columbia Gulf. Approximately 45 per cent of this project was placed in service on January 18, 2019, with the remainder to be placed in service in February and March 2019, along with Gulf Xpress, a Columbia Gulf project.
  • In September  2018, Perma-Pipe Saudi Arabia was awarded a contract by Italy’s Saipem S.p.A for a thermal insulation system, field joints, and a leak detection system for two 55kms, 30 inch diameter, low Sulphur fuel oil lines for Kuwait Oil Company’s (KOC) new refinery project in Kuwait. The contract was valued approximately at USD 15 Million.

Don’t miss out on business opportunities in Pipeline Monitoring System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

Opportunity: Investment in R&D activities in Perlite Market

Growing concerns about the environment have increased demand for the environment-friendly and sustainable use of perlite. Perlite manufacturers are focusing on developing advanced perlite products that can be directly used in green buildings and be recycled and reused. Manufacturers are investing in R&D activities and technologies to develop sustainable perlite materials that are cost-effective and at the same time provide mechanical strength.

Players in this market are investing in research & development activities due to the increasing demand for perlite and to withstand intense competition. This increased investment in R&D activities to develop ecological perlite materials will provide growth opportunities for the perlite market in the next five years.

The global perlite market size is estimated to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 6.3% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of perlite ranging from construction industry. Increasing demand from APAC will further drive the growth of the global perlite market.

To know about the assumptions considered for the study download the pdf brochure

Imerys Minerals (UK), Keltech Energies (India), Dupré Minerals (England), Amol Dicalite (India), and other among others are the leading perlite manufacturers, globally. These companies adopted expansion, and merger & acquisition as their key growth strategies between 2017 and 2020 to earn a competitive advantage in the perlite market.

  • Imerys Minerals (UK) is the largest player in the market. In October 2020, IMCD US and IMERYS Minerals expanded their distribution agreement. IMCD will now represent IMERYS Performance Minerals as its preferred distributor across the U.S. and Canada.
  • In June 2020, IMERYS Performance Minerals acquires Cornerstone Industrial Minerals Corp. The acquisition was done to strengthen its offering in the agriculture and horticulture markets.
  • In December 2019, Keltech Energies expanded its existing & addition of new explosive products at Village Garamsur, Post Dudhala, Tahsil Katol, District Nagpur. The total cost of the project after expansion was Rs. 63.17 crores.

The construction industry will continue to lead the Perlite market,  accounting for a share of 43.5% of the overall market, in 2019 terms of value. Perlite is used as an aggregate in lightweight insulating concrete and plaster in masonry blocks as loose fill insulating material, as a cavity wall in residential homes, and also in specialty applications such as chimney fills, fireproofing sprays, acoustical sprays, and interstitial floors. Expanded perlite aggregate (EPA) is used as a heat & sound insulator since it is a lightweight material that ensures economic benefits in building & construction.

Asia Pacific accounted for the largest share of the Perlite market in 2020. Factors such as the rapidly increasing consumption of perlite in the construction and agriculture industries in countries such as China, Japan, and India have led to an increased demand for Perlite in the Asia Pacific region.

Don’t miss out on business opportunities in Perlite Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

High demand contractors for environmentally friendly & sustainable construction products are driving the Fiber Cement Market

The global fiber cement market size is projected to grow from USD 16.4 billion in 2020 to USD 20.3 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The market is projected to grow in accordance with the growth of the residential and non-residential sector across the globe. Fiber cement products are known for their properties, such as high strength, durability, fire-proof, and resistance to deterioration from salt or UV rays. These properties of fiber cement products increase their preference in a wide range of applications.

To know about the assumptions considered for the study download the pdf brochure

Portland cement is estimated to dominate the fiber cement market 

Portland cement, by material, accounted for the largest market share in the fiber cement market. Portland cement is the most widely used type of cement, which is used for making concrete and mortar. The chief chemical components of Portland cement are calcium, silica, alumina, and iron. It is a reasonably priced material and is readily available, which makes it one of the widely used materials for construction globally.

Siding is estimated to lead the fiber cement market

Sding, by application, led the fiber cement market in 2019, in terms of value and volume. Siding is the major application of fiber cement in both residential and non-residential constructions. In this application, fiber cement is applied to the exterior sides of the walls to protect them from the effects of extreme weather conditions. Fiber-cement siding also improves the aesthetic appeal of the buildings. Fiber-cement siding is affordable and most suitable for regions having extreme weather conditions.

The APAC region is projected to lead the fiber cement market, in terms of both value and volume from 2020 to 2025. The countries in this region is expected to achieve high growth in the construction sector, and in turn, triggering a huge demand for fiber cement products. Growing construction sector, particularly in rapidly-growing countries such as China and India, huge foreign investments, and growing awareness about the ill-effects of using asbestos, drive the demand for fiber cement products.

R Etex Group NV (Belgium), James Hardie Industries PLC (Ireland), Evonik Industries AG (Germany), Toray Industries Inc (Japan), and CSR Limited (Australia), are the key players operating in the fiber cement market. Expansions & investments, and acquisitions are some of the significant strategies adopted by these key players to enhance their positions in the fiber cement market.

James Hardie is one of the leading player engaged in the production of fiber cement siding and backerboard. It operates through three business units, namely, North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. The company’s fiber cement building materials serve a wide range of internal & external applications, such as external siding, internal walls, ceilings, floors, soffits, fences, facade, cladding, decking, and roofing. James Hardie’s strong global presence, coupled with the attractive portfolio of fiber cement, makes it a global player in the fiber cement market. Its expertise in fiber cement building materials, and significant investments in its plants and market development programs have contributed toward its significant position in the market.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=186027265

Top 3 Leading players in Marble Market

The marble market is estimated at USD 13 billion in 2020 and is projected to reach USD 16 billion by 2025, at a CAGR of 3.6% from 2020 to 2025. The building & construction segment is estimated to lead the marble market in 2020, owing to increasing demand  for variety of marble for their physical properties in the construction industry. High demand for residential and commercial infrastructure from the developing economies  is driving the growth of building & construction segment. In addition, growth of the construction industry has led leading to high demand for building materials such as marble is anticipated to fuel the growth of marble market.

Major companies such as Levantina y Asociados de Minerales, S.A. (Spain), Temmer Marble (Turkey), Hellenic Granite Company (Greece), Fox Marble Holdings plc (UK), California Crafted Marble, Inc. (US), Topalidis S.A. (Greece), Dimpomar – Rochas Portuguesas Lda (Portugal), Polycor Inc. (Canada), Asian Granito India Limited (India), NAMCO CO. srl (Italy), Dal-Tile Corporation (US), Kangli Stone Group (China), Hilltop Granites (India), First Marble & Granite (Qatar), Santucci Group (Italy), Classic Marble Company (India), and DELTA Marble, Mining, Construction Import and Export Inc. (Turkey) among others are key players in the marble market. These players have been focusing on developmental strategies, such as acquisitions, partnerships, collaborations, expansions, agreements, and new product developments & launches, which have helped them expand their businesses in untapped and potential markets. They have also been adopting various organic and inorganic growth strategies, such as merger & acquisition, expansion, and new product launch, to enhance their current position in the marble market.

To know about the assumptions considered for the study download the pdf brochure

Levantina y Asociados de Minerales, S.A. is a global stone company that has accomplished a steady growth by expanding its reach across the globe since its establishment. It manufactures products, such as cream marble, marble, granite, porcelain, tiles, limestone & sandstone, quartzite, travertine, and other custom-made products out of natural stone. The company owns 7 factories (1 in Brazil and 6 in Spain), 2 project centers in Spain, and 20 distribution warehouses through which it has marked its global presence in more than 100 countries. The company also owns 20 stone centers in Spain, the UK, and the US.

Hellenic Granite Company is involved in manufacturing, processing, and trading of decorative stones such as marbles, granites, travertines, and different types of quartz surfaces. The company procures granite raw materials from countries around the world (India, China, Zimbabwe, Brazil, Spain, Portugal, Norway and Finland) and ready-made granite products from India and China. It also imports marble (processed and raw) from the international market. Since 2004, Hellenic Granite Company has also been a part of trading artificial decorative stones that include quartz and cultured marbles. It has acquired several other companies in the past years, including Finnish Quarry Company Granicon Oy, which exports to Asia and Europe. Most of Hellenic Granite Company’s products are used for domestic and professional applications, which include important constructions and airports.

  • In January 2019, Hellenic Granite Company launched EcoMarbles MAXFINE that are marbles made using natural methods at the FMG IRIS factories. They can also be developed with the advanced ACTIVE technology, which enables them to repel bacteria and dirt. They are ideal for residential, leisure, hotels, restaurants, gyms, schools, clinics, hospitals, and other areas requiring high levels of cleanliness and hygiene.

Temmer Marble has been an active player in the processing and manufacturing of products made from natural stone. The company owns one of the largest quarries in Turkey, which was its first investment. It owns six more quarries across the important marble reserve area in Turkey. The company owns one factory in Afyon, Turkey, which is the third-largest facility of its kind in the world. Temmer manufactures marbles in the form of blocks, cut-to-size products, and slabs. The other products that Temmer Marble manufactures include granite, onyx, travertine and porcelain. 80% of the company’s products are exported to about 40 countries in Europe, North America, Central Asia, and Far East.

  • In February 2017, as a part of expansion strategy, Temmer Marble inaugurated its new showroom and gallery at its world class factory, Afyon. This expansion will help the company to meet the demand for marble and other natural stones in the domestic market.

Mohawk Industries (US) and Siam Cement Group (Thailand) are Leading Players in the Ceramic Tiles Market

The ceramic tiles market is projected to grow from USD 207.7 billion in 2020 to USD 285.1 billion by 2025, at a CAGR of 6.5% during the forecast period. Growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities, further boost the growth of the market for ceramic tiles. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market.

The ceramic tiles market is dominated by major players such as Mohawk Industries (US), Siam Cement Group (Thailand), Grupo Lamosa (Mexico), Grupo Cedasa (Brazil), Kajaria Ceramics (India), Ceramica Carmelo Fior (Brazil), and RAK Ceramics (UAE). These players have adopted numerous growth strategies, such as acquisitions and expansions to further expand their presence in the global ceramic tiles market. Expansions were the most dominating strategy adopted by major players from 2017 to 2020, which helped them to expand their global presence and broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

Mohawk Industries (US) is the pioneer in flooring manufacturing, which primarily emphasizes on enhancing residential and commercial spaces across the globe. It engages in the manufacture, design, and distribution of residential and commercial flooring products. It operates through the following segments: Global Ceramic, Flooring North America (NA), and Flooring Rest of the World (ROW). The Global Ceramic segment comprises ceramic, porcelain, and natural stone tile products used for wall and floor applications. A unified system and well-engineered distribution mechanism provide a vital competitive advantage over the competitors in the production of ceramic tile, laminate, carpets & rugs, and wood & vinyl flooring.

During the initial phase of the business, the organization’s business was limited to North America; however, the organization has successfully established its business globally, with a wide variety of sheer-quality products.

The company has its manufacturing facilities in 18 countries. It provides an extensive range of soft and hard surface products for both residential and commercial applications in over 170 countries, with leading market positions in the US, Europe, and Russia.

Siam Cement Group (Thailand) is an investment holding company, which engages in the business of industrial supplies and construction materials. It operates through the following segments: SCG cement-building materials, SCG chemicals, and SCG packaging. The SCG cement-building materials segment is engaged in the manufacture and sale of grey cement, ready-mixed concrete, white cement, dry mortar, roof tiles, concrete paving blocks, ceramic tiles, sanitary wares, and sanitary fittings; distribution of cement, building, and decorative products; and import of fuel products, waste paper, and scrap iron.

Siam Cement has operations in many countries across all regions—such as China, Cambodia, Malaysia, Hong Kong, Australia, Singapore, the US, and the UAE. Thus, the company has a strategically competitive advantage in meeting the needs of consumers across the globe.

Read More: https://www.marketsandmarkets.com/PressReleases/ceramic-tiles.asp

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com