Tile Backer Board Market

Tile Backer Board Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Tile Backer Board: Introduction

  • Tile backer boards are used to waterproof fix walls or floor tiles. These boards provide excellent heat insulation for underfloor heating systems. They also protect the floor from absorbing water. Tile backer boards protect from adhesion, and improve the bond between walls and tiles.
  • Tile backer boards are widely used in the construction industry. They are also utilized in domestic housing needs as well as commercial building construction, owing to their various physical properties such as decay and fire resistance, and dimensional stability. These bords also provide good mechanical properties.

Key Drivers of Global Tile Backer Board Market

  • The global tile backer board market is expanding at a rapid pace, due to the rise in usage of these boards as building panels. These boards can also be employed to create bonded waterproofing assemblies with tile coverings, owing to their durable, water resistant, and waterproof nature. Furthermore, growth in spending on construction, specifically in new housing, is expected to boost the demand for tile backer boards. Rapid growth of the housing sector is another factor anticipated to drive the market during the forecast period.
  • In terms of volume, the global construction sector is expected to reach US$ 15.5 Trn by 2030. Currently, China, the U.S., and India account for 57.0% share of the global construction sector. The construction sector in the U.S. is estimated to expand at a faster pace than that in China in the next 15 years. The construction sector in southern states of the country is projected to expand at a prominent pace during the forecast period.
  • China’s share in the global construction sector is likely to increase marginally by 2030. The construction sector in Brazil is expected to expand at a moderate pace during the forecast period, leading to rise in demand for construction in the longer term. Thus, rise in construction activities is anticipated to boost the residential and non-residential sectors in the near future. This, in turn, is estimated to augment the demand for tile backer boards during the forecast period.

Residential Segment to Offer Attractive Opportunities

  • In terms of application, the residential segment accounted for major share of the global tile backer board market in 2018. Tile backer boards are used to waterproof fix walls or floor tiles in the residential sector.
  • Tile backer boards are ideal for usage on plasterboard and plywood surfaces. These boards also offer excellent sound insulation properties, which reduce the need for a jigsaw. Tile backer boards are versatile, strong & durable, rot proof, light weight and cost effective. These are other benefits associated with tile backer boards.

Asia Pacific to Hold Major Share of Global Tile Backer Board Market

  • Asia Pacific constituted major share of the global tile backer board market in 2018. The region is projected to remain highly lucrative during the forecast period, due to rapid industrialization and rise in demand for tile backer boards in the building & construction sector in the region.
  • The construction sector in India is anticipated to expand almost twice as fast as that in China in the near future. The urban population in the country is expected to increase to 165 million by 2030, with the population of New Delhi rising by 10.4 million people during the period. This is also estimated to drive the tile backer board market during the forecast period.

Key Players in Global Market

Key players operating in the global tile backer board market include:

  • James Hardie Building Products Inc.
  • Georgia-Pacific Wood Products LLC
  • wedi GmbH
  • USG Corporation
  • Johns Manville
  • National Gypsum
  • Cembrit Holding A/S
  • CertainTeed
  • Schluter Systems
  • Tortuga
  • Others

Global Tile Backer Board Market: Research Scope

Global Tile Backer Board Market, by Size  

  • 1/4 Board
  • 3/8 Board
  • 1/2 Board
  • 5/8 Board

Global Tile Backer Board Market, by Form

  • Heavy Duty Cement Fiber Boards
  • Lightweight Cement Coated Foam Boards
  • Others

Global Tile Backer Board Market, by Application 

  • Residential
  • Commercial
  • Industrial

Global Tile Backer Board Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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