Ceramic Sanitary Ware Market Worth 59.17 Billion USD by 2022
[158 Pages Report] Ceramic Sanitary Ware Market Analysis Report on Latest trends, Growth Factors, Key Players and more. Categorizing the global market by Type, Application, Technology and Region
(EMAILWIRE.COM, May 10, 2019 ) The report "Ceramic Sanitary Ware Market by Type (Wash Basins, Toilet Sinks/Water Closets, Urinals, Cisterns), Application (Commercial and Residential), Technology (Slip Casting, Pressure Casting, Tape Casting, Isostatic Casting), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is estimated to be USD 37.42 Billion in 2017 and is projected to reach USD 59.17 Billion by 2022, at a CAGR of 9.6% from 2017 to 2022.
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Growth in the real estate sector, increase in demand for ceramic sanitary ware from Southeast Asian countries, change in consumer preferences, and shift of manufacturing facilities to emerging economies are factors driving the growth of the ceramic sanitary ware market. In addition, rapid urbanization, rise in disposable income of the middle-class population, and increased hygiene concerns are further contributing to the growth of the market.
The residential application segment accounted for the largest share of the ceramic sanitary ware market in 2016
The residential segment is projected to be the largest application segment of the ceramic sanitary ware market from 2017 to 2022. Factors such as rise in disposable income, change in living standards, flexible government taxation policies, and rapid technological advancements are factors driving the growth of the ceramic sanitary ware market in the residential application segment. Furthermore, the upcoming infrastructure projects in the residential sector are anticipated to drive the demand for ceramic sanitary ware.
The toilet sinks/water closets segment is expected to be the fastest-growing type segment of the ceramic sanitary ware market
The growth of the toilet sinks/water closets segment is mainly attributed to the increasing need for sanitation facilities. Increasing awareness for basic sanitation, rising disposable income, and growing demand for luxurious products are additional factors propelling the demand for toilet sinks/water closets.
Don't miss out on business opportunities in Ceramic Sanitary Ware Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=581
Browse in-depth TOC on "Ceramic Sanitary Ware Market"
123 - Market Data Tables
30 - Figures
158 - Pages
The pressure casting segment is projected to be the fastest-growing technology segment of the ceramic sanitary ware market
Based on technology, the pressure casting segment is projected to grow at the highest CAGR from 2017 to 2022. Pressure casting is an advanced technology that is developed to suit the mass production requirements and increased durability of molds. The growth of this segment is mainly attributed to the advantages of pressure casting technology, such as low cost and economical production.
Asia-Pacific was the largest ceramic sanitary ware market in 2016
Asia-Pacific is projected to be the largest region for Ceramic Sanitary Ware Market from 2017 to 2022. The rise in demand for sanitary ware products, rapid urbanization, and expansion of the real estate sector are factors driving the growth of the ceramic sanitary ware market in this region. In addition, the upcoming infrastructure projects in energy, transport networks, and residential sectors are expected to drive the demand for ceramic sanitary ware products in the Asia-Pacific region.
Key players operating in the ceramic sanitary ware market include Roca Group (Spain), Geberit Group (Switzerland), Toto Inc. (Japan), RAK Ceramics (UAE), LIXIL Corporation (Japan), Duravit AG (Germany), Ideal Standard International S.A. (Belgium), HSIL Ltd. (India), Villeroy & Boch (Germany), and Duratex S.A. (Brazil), among others.
Request for free customization of report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=581
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Request for PDF Sample Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=581
Growth in the real estate sector, increase in demand for ceramic sanitary ware from Southeast Asian countries, change in consumer preferences, and shift of manufacturing facilities to emerging economies are factors driving the growth of the ceramic sanitary ware market. In addition, rapid urbanization, rise in disposable income of the middle-class population, and increased hygiene concerns are further contributing to the growth of the market.
The residential application segment accounted for the largest share of the ceramic sanitary ware market in 2016
The residential segment is projected to be the largest application segment of the ceramic sanitary ware market from 2017 to 2022. Factors such as rise in disposable income, change in living standards, flexible government taxation policies, and rapid technological advancements are factors driving the growth of the ceramic sanitary ware market in the residential application segment. Furthermore, the upcoming infrastructure projects in the residential sector are anticipated to drive the demand for ceramic sanitary ware.
The toilet sinks/water closets segment is expected to be the fastest-growing type segment of the ceramic sanitary ware market
The growth of the toilet sinks/water closets segment is mainly attributed to the increasing need for sanitation facilities. Increasing awareness for basic sanitation, rising disposable income, and growing demand for luxurious products are additional factors propelling the demand for toilet sinks/water closets.
Don't miss out on business opportunities in Ceramic Sanitary Ware Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=581
Browse in-depth TOC on "Ceramic Sanitary Ware Market"
123 - Market Data Tables
30 - Figures
158 - Pages
The pressure casting segment is projected to be the fastest-growing technology segment of the ceramic sanitary ware market
Based on technology, the pressure casting segment is projected to grow at the highest CAGR from 2017 to 2022. Pressure casting is an advanced technology that is developed to suit the mass production requirements and increased durability of molds. The growth of this segment is mainly attributed to the advantages of pressure casting technology, such as low cost and economical production.
Asia-Pacific was the largest ceramic sanitary ware market in 2016
Asia-Pacific is projected to be the largest region for Ceramic Sanitary Ware Market from 2017 to 2022. The rise in demand for sanitary ware products, rapid urbanization, and expansion of the real estate sector are factors driving the growth of the ceramic sanitary ware market in this region. In addition, the upcoming infrastructure projects in energy, transport networks, and residential sectors are expected to drive the demand for ceramic sanitary ware products in the Asia-Pacific region.
Key players operating in the ceramic sanitary ware market include Roca Group (Spain), Geberit Group (Switzerland), Toto Inc. (Japan), RAK Ceramics (UAE), LIXIL Corporation (Japan), Duravit AG (Germany), Ideal Standard International S.A. (Belgium), HSIL Ltd. (India), Villeroy & Boch (Germany), and Duratex S.A. (Brazil), among others.
Request for free customization of report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=581
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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ReportsnReports
Ganesh Pardeshi
Tel: + 18883915441
Email us
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ReportsnReports
Ganesh Pardeshi
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results