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Market Overview:Eco-friendly tiles are the new trend in the construction industry. These are manufactured by using renewable materials such as clay and scrap metal. These are rapidly gaining popularity in various construction projects or buildings. The manufacturing process of these eco-friendly tiles is highly energy efficient and ensure less waste production leading to minimal impact on the environment. The concept of using recyclable material for manufacturing eco-friendly tiles, bring down the overall cost of eco-friendly tiles.
The demand for eco-friendly tiles is on rise and is expected to further rise in the near future. The factors driving the growth of global eco-friendly tiles market include stringent environmental regulations which are imposed by several government bodies and certain agencies such as U.S. Green Building Council, evolution of green building standards, and growth in the consumer awareness for sustainable products. Also, the durability and ease of maintenance drive the growth of the eco-friendly tiles market. However, he high cost of eco-friendly tiles is expected to restrain the growth of the market over the forecast period.
Environment-safety is gaining much importance in the industrial sector for carring out activities without harming the environment. Even the raw materials used do not cause significant harm to the environment. Environment protection norms and regulations are becoming stringent and the players are focusing on industrial growth by adoption of sustainable methods. Manufacturers and market players are constantly seeking various techniques that are energy-efficient and do not harm the environment.
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New technologies have been introduced to facilitate manufacturing of eco-friendly tiles such as Anti-bacterial tiles. These are manufactured by use of the anti-bacterial technology, which kills germs, thereby providing a germ-free environment. These tiles cut some of the polluting agents present in the air and also help in reducing the odour in the air.
Competitive Analysis:
Key players adopted various strategies to retain and/or expand their market share. Key strategies followed by most companies within the global eco-friendly tiles market were new product developments. Extensive research in this market has brought to light that new product development and expansion are the key strategies adopted by the major players in the global eco-friendly tiles market. Furthermore the partnerships with other players across the supply chain ensures the expanding client base as well as the market share for the companies.
ANN Sacks Tile & Stone, Inc. (U.S.), Arizona Tile (U.S.), Bedrosians Tile & Stone (U.S.), Marazzi Group S.r.l. (Italy), Villagio Tile & Stone (U.S.), Dal-Tile Corporation (U.S.), Wausau Tile, Inc. (U.S.), Terra Green Ceramics Inc (U.S.), EnviroGLAS Products Inc. (U.S.), Crossville Inc. (U.S.), Johnson Tiles (India), Nemo Tile Company Inc. (U.S.), Florim Ceramiche S.P.A (Italy), Vitromex USA (U.S.) and Division Iris Ceramica (Italy) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Eco-friendly Tiles Market.
Industry/ Innovation/ Related News:
In April 2014, Dal-Tile completed the Environmental Product Declaration (EPD) development process for all products manufactured in the company’s North American production facilities. Dal-Tile is the manufacturer of ceramic tile to voluntarily disclose cradle to grave impacts from all Daltile, American Olean, Marazzi USA and Ragno USA products with UL Environment certified EPDs.
In May 2015, Wausau Tile introduced two new brands named Tectura Designs and Wausau Made. Each brand has a distinct look and unique product portfolio for serving distinct audiences within the architecture and construction industries. Both brands focus on providing quality and collaborative, responsive service that customers have come to expect.
Market Segmentation:
The Eco-friendly Tiles Market can be segmented in to two key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type - Porcelain, Ceramic, Terrazzo, and Others
Segmentation by Product - Floor Tiles, Wall Tiles, and others
Segmentation by End-user - Residential and Non-residential
Segmentation by Regions: North America, Europe, APAC and Rest of the World.
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Regional Analysis:
The global eco-friendly tiles market has been segmented in the regions of North America, Europe, Asia Pacific and Rest of the World. Amongst these, Asia-Pacific and Europe accounted for largest share in the global eco-friendly tiles market, and is expected to grow at the highest CAGR during the forecast period. Developing countries in the region such as China and India among others are expected to witness infrastructural developments along with rearrangements in Asia-Pacific. Therefore, the eco-friendly tiles market of region is projected to experience an increase in growth rate during the forecasted period. Increase in spending capacity of the consumers and enhanced living standard of the people in the region drive the growth of the Asia Pacific market. Furthermore, North America region is also expected to contribute, significantly, during the forecast period.
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