A growth trajectory: ceramics markets look to Asia

• Autores: Industrial Minerals
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 601, 2018 (Ejemplar dedicado a: Abril)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • With an estimated production of 13.6 million square meters and a market value of $94 billion in 2017, the global ceramic tile manufacturing industry has registered growth of more than 5% in both value and volume terms in the past five years.Asia accounts for about 70% of the global installed capacity of the ceramic tile industry, followed by Europe with a 10% share. (The figure for consumption was based on domestic production of 832 million square meters and imports of 12 million square meters; 128 million square meters of domestic production was exported.) The second factor which is expected to give a fillip to ceramic tile production in India is that exports are expected to increase. [...]2013, China was a major ceramic tile exporter to the vast market in the Gulf Co-operation Council (GCC) nations, but advances in Indian ceramic tile manufacturing and the decreasing manufacturing cost differential between the two countries have made Indian tiles more popular in the GCC region because of the lower costs of transportation. The Vietnamese ceramic tile industry, meanwhile, was fueled by comparatively low labor and energy costs, significant domestic and export markets in the Asean region and gradually rising tile manufacturing costs in China, which for a long time had a major share in the Asean import markets. The thought of exporting ceramic tiles made in Asia to Europe, South America or North America seemed impossible, but today all of this is true.Critical role of the industrial minerals industry Availability, quality and pricing of key raw materials in the Asian countries played key roles in the development of the ceramic tile industry in a number of countries in the region.

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