TILE BACKER BOARD MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Tile Backer Board Market, By Size (1/4 Board, 3/8 Board, 1/2 Board, and 5/8 Board), By Form (Heavy Duty Cement Fiber Boards, Lightweight Cement Coated Foam Boards, and Others), By Application (Residential, Commercial, and Industrial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : May 2024
Code : CMI7027
Pages :137
Formats :
Excel and PDF
Industry : Advanced Materials

Market Concentration and Competitive Landscape

Tile Backer Board Market Concentration By Players

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Increasing usage in new construction projects

The rapidly expanding construction industry worldwide supported by urbanization, infrastructure development and growth in emerging economies is driving the market growth. Tile backer boards are increasingly being used not just in renovation projects but also in new construction activities. With rising disposable incomes, consumers are showing greater inclination towards better aesthetic interiors and designs both in their homes and commercial establishments. Tiles have emerged as one of the most popular choices of wall and flooring materials due to its versatility, durability and low maintenance. However, for optimum performance and longevity, tiles need to be laid on a stable substrate like tile backer boards rather than directly on wood or drywall. This is driving up the demand for tile backer boards.

Key Players Insights