A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Large Format Ceramic Panel Market- By Volume and Value; By Application (Flooring, Interior Wall, Exterior Cladding and Countertops), By Thickness (3mm &below,5 to 9mm, 9.1 to12mm and 12mm & above ), By Region (North America, Europe, Asia Pacific, G.C.C and ROW) and By Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, China, India, Indonesia, Saudi Arabia, Qatar and UAE).
Large format ceramic panel also known as extra-large size ceramic tile is a new craftily designed product segment in ceramic tile market. On the grounds of continuous dynamic innovations and developments of manufacturing process in ceramic tile industry, additionally with the change in incremental demand of seamless ceramic tiles gave birth to the Large Format ceramic panels.
On account of perfect flatness, extremely low weight and excellent physical and mechanical properties, Large Format ceramic panels are widely used in architecture and interior design.
These versatile solutions are becoming increasingly popular both for traditional applications and for uses that would have been unimaginable just a few years ago.
This success is a result of recent technological advances in the manufacturing and decoration processes, which allow excellent technical performance to be combined with a modern, sophisticated design.
Availability of ceramic panels in wide range of dimensions from 100cm*300cm to 160cm*480cm of length and breadth respectively with thickness from 3mm to 30mm facilitates the growth of ceramic panels in different applicability.
According to Azoth Analytics research report, “Global Large Format Ceramic Panel Market: Analysis By Type of Application (Flooring, Interior Wall, Exterior Wall Cladding, Countertop), By Thickness (3mm & below, 5-9 mm, 9.1-12 mm, 20 mm & Above), By Region, By Country: Opportunities and Forecast (2014-2022)”, global Large Format Ceramic Panel market is projected to display a good growth of over 15.68% by volume and 10.69% CAGR by value during 2017 – 2025, chiefly driven by advancement in construction sector, strong established distribution channel, innovation and technological development in manufacturing process and inclination of consumer behaviour towards Large Format seamless ceramic tiles due to its unique features.
During year 2017-2025, demand growth for large format ceramic panel market is expected to exhibit the maximum advancement, owing to high applicability in varied end-user applications. Large format ceramic panels are increasingly being used in floorings, interior and exterior walls and countertops in several high-end commercial and residential buildings.
(Source: www.whatech.com)
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