Global Tile Backer Board Market Overview:
Tile backer board is used to waterproof a wet room, as insulation boards with electric underfloor heating, as dry lining and home insulation, and of course the obvious flat surface for tiling. Increasing adoption tiles in the residential buildings has led to significant growth of the global tile backer board market in the forecast period.
- Increasing the construction industry is the major driving factor for the global tile backer board market. The United States is one of the largest construction market globally, with expenditures of 1,293 billion USD.
- Increasing Demand For Ultra-Lightweight Tile Backer Board
- Lack of Awareness About the Benefits of Tile Backer Board
- Fluctuating Raw Material Prices
- Growing Infrastructures Project in the Developing Countries Such as India, and Brazil
Some of the key players profiled in the report are James Hardie Industries plc. (Ireland), wedi GmbH (Germany), Georgia-Pacific LLC (United States), Knauf (Germany), Schluter Systems (United States), Johns Manville (United States), Cembrit (Denmark), CertainTeed (United States), National Gypsum (United States) and Building Adhesives Limited (United Kingdom). The Manufacturers having a strong hold in the market are James Hardie Industries plc., wedi GmbH, and Georgia-Pacific LLC. Analyst at AdvanceMarketAnalytics see United States and European Manufacturers to retain maximum share of Global Tile Backer Board market by 2024. Considering Market by Thickness Type, the sub-segment i.e. 1/2 Inch Board will boost the Tile Backer Board market. Considering Market by End User, the sub-segment i.e. Commercial Building will boost the Tile Backer Board market.
On 4th October 2018, Johns Manville has announced that the company has launched of JM GoBoard LT in Canada. The premium tile backer board is extremely durable and is up to 85 percent lighter than traditional cement boards. GoBoard LT offers built-in waterproofing, simplifying the installation process for Canadian customers.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tile Backer Board market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tile Backer Board market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tile Backer Board Manufacturers, Raw Material Suppliers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.