Showing posts with label Global Tile Backer Board Market Growth. Show all posts
Showing posts with label Global Tile Backer Board Market Growth. Show all posts

Friday, June 28, 2019

Rising Population Coupled With Increase in Disposable Income is Expected to Drive the Global Tile Backer Board Market Over the Forecast Period: Ken Research


Tile backer boards are waterproofing plane/surface to fix wall or floor tiles. These boards are also excellent heat insulation for under floor heating systems. These are suitable for protecting the floor from absorbing water. Use of tile backer board pretends for the adhesion, improving bond between wall & tile. When installing it to wooden floors used washers & tile adhesive or screws and when installing onto concrete sub floor used flexible tile adhesive. The tiles are dimensionally steady substrate for perfect wet rooms due to light weight and easy for carrying the distinct large sheets of plywood. The tile backers have better-quality to plasterboard & plywood. Moreover, the essential properties which have impacted the tile backer market have significantly reduced cuts with a knife, excellent sound insulation and have reduced the need for a jigsaw. Additionally, the other benefits associated with the versatile, strong & durable, rot proof, light weight and cost-effective tile backer market.

According to study, “Global Tile Backer Board Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” some of the major companies that are currently working in the global tile backer board market are James Hardie, Georgia Pacific, Wedi, USG Corporation, Johns Manville, National Gypsum, Cembrit, Multi-Panels, CertainTeed, Schluter, Tortuga. The foremost companies own the benefits on better performance, other abundant product’s types, better technical & impeccable after-sales construction.

Based on type, global tile backer board market is segmented into denshield tile backer board, hardiebacker and wonderboard. Based on size, market is divided into ¼ board, 3/8 board, ½ board and 5/8 board. Based on form, market is divided into heavy duty cement fiber boards (for strengthening floors), lightweight cement coated foam boards (for partitions& walls), and other substrates. Based on the channel, market is segmented into distributor channel and direct sales channel. Based on application, market is segmented into ceilings, walls, floors and others (roofing tiles & countertop tiles). In addition, based on end-use industries, market is segmented as single family residential, multifamily residential and commercial etc.

The global tile backer board is primarily driven by rise in the disposable income of consumers. Some other driven aspects are increase in government initiatives for infrastructure development, growth of population, rise in the number of new construction sites, increase in renovation activities and collaborations with overseas investors. Apart from the key benefits, the other restraining aspects associated with tile backer market include emission of carbon dioxide (CO2) during the manufacture of tiles, rise in industrialization in developing countries and sluggish decline in the emission of harmful gases.

Globally, Asia-Pacific is the major region of this market owing to increase in commercial construction activities in the region. The construction industry of the region is expected to register a high growth rate throughout the forecast period, on account of rise in economic activities in these countries. Moreover, Europe and North-America is also estimated to hold steady growth in upcoming years, due to stringent governmental regulations.

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