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Tile Backer Board Trends and Forecast
The future of the global tile backer board market looks promising with opportunities in the residential and commercial markets. The global tile backer board market is expected to reach an estimated $2.96 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising popularity of employing tiles in a variety of applications, including flooring, walls, and worktops, growing awareness about green building practices among customers, and increasing construction activities across the globe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Tile Backer Board by Segment
The study includes a forecast for the global tile backer board by type, application, and region.
Tile Backer Board Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• 1/4" Board
• 3/8" Board
• 1/2" Board
• Others
Tile Backer Board Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Others
Tile Backer Board Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Tile Backer Board Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tile backer board companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tile backer board companies profiled in this report include-
• James Hardie
• Allura
• GAF
• Nichiha
• CertainTeed
• USG
• Johns Manville
Tile Backer Board Market Insights
Lucintel forecasts that 1/2" board is expected to witness the highest growth over the forecast period as it is strongest and most durable.
Within this market, residential will remain the largest segment due to rising number of construction of new house in the developing countries.
North America is expected to witness highest growth over the forecast period due to growing construction industry and rising awareness about green building practices among customers in the region.
Features of the Global Tile Backer Board Market
Market Size Estimates: Tile backer board market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Tile backer board market size by type, application, and region in terms of value ($B).
Regional Analysis: Tile backer board market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the tile backer board market .
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tile backer board market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the tile backer board market size?
Answer: The global tile backer board market is expected to reach an estimated $2.96 billion by 2030.
Q2. What is the growth forecast for tile backer board market?
Answer: The global tile backer board market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the tile backer board market?
Answer: The major drivers for this market are rising popularity of employing tiles in a variety of applications, including flooring, walls, and worktops, growing awareness about green building practices among customers, and increasing construction activities across the globe.
Q4. What are the major segments for tile backer board market ?
Answer: The future of the tile backer board market looks promising with opportunities in the residential and commercial markets.
Q5. Who are the key tile backer board market companies?
Answer: Some of the key tile backer board companies are as follows:
• James Hardie
• Allura
• GAF
• Nichiha
• CertainTeed
• USG
• Johns Manville
Q6. Which tile backer board market segment will be the largest in future?
Answer: Lucintel forecasts that 1/2" is expected to witness the highest growth over the forecast period due to strongest and most durable.
Q7. In tile backer board market , which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing construction industry and rising awareness about green building practices among customers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tile backer board market by type (1/4" board, 3/8" board, 1/2" board, and others), application (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Tile Backer Board Market, Tile Backer Board Market Size, Tile Backer Board Market Growth, Tile Backer Board Market Analysis, Tile Backer Board Market Report, Tile Backer Board Market Share, Tile Backer Board Market Trends, Tile Backer Board Market Forecast, Tile Backer Board Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Tile Backer Board Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Tile Backer Board Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Tile Backer Board Market by Type
3.3.1: 1/4" Board
3.3.2: 3/8" Board
3.3.3: 1/2" Board
3.3.4: Others
3.4: Global Tile Backer Board Market by Application
3.4.1: Residential
3.4.2: Commercial
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Tile Backer Board Market by Region
4.2: North American Tile Backer Board Market
4.2.2: North American Tile Backer Board Market by Application: Residential, Commercial, and Others
4.3: European Tile Backer Board Market
4.3.1: European Tile Backer Board Market by Type: 1/4" Board, 3/8" Board, 1/2" Board, and Others
4.3.2: European Tile Backer Board Market by Application: Residential, Commercial, and Others
4.4: APAC Tile Backer Board Market
4.4.1: APAC Tile Backer Board Market by Type: 1/4" Board, 3/8" Board, 1/2" Board, and Others
4.4.2: APAC Tile Backer Board Market by Application: Residential, Commercial, and Others
4.5: ROW Tile Backer Board Market
4.5.1: ROW Tile Backer Board Market by Type: 1/4" Board, 3/8" Board, 1/2" Board, and Others
4.5.2: ROW Tile Backer Board Market by Application: Residential, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Tile Backer Board Market by Type
6.1.2: Growth Opportunities for the Global Tile Backer Board Market by Application
6.1.3: Growth Opportunities for the Global Tile Backer Board Market by Region
6.2: Emerging Trends in the Global Tile Backer Board Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Tile Backer Board Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Tile Backer Board Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: James Hardie
7.2: Allura
7.3: GAF
7.4: Nichiha
7.5: CertainTeed
7.6: USG
7.7: Johns Manville
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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