Tile Backer Board Market
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Trending Highlights of the Market:

Tile backer boards are waterproofing plane/surface to fix wall or floor tiles. These boards are also excellent heat insulation for under floor heating systems. These are suitable for protecting the floor from absorbing water. Use of tile backer board pretends for the adhesion, improving bond between wall & tile. When installing it to wooden floors used washers & tile adhesive or screws and when installing onto concrete sub floor used flexible tile adhesive. The global tile backer board is primarily driven by rise in the disposable income of consumers. Some other driven aspects are increase in government initiatives for infrastructure development, growth of population, rise in the number of new construction sites, increase in renovation activities and collaborations with overseas investors. The market for tile backer boards has been witnessing a great demand at the global level in the recent years, owing to the increasing benefits that are being put forth in front of the world.

Regional Insights:

The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. North America is the major region of this market owing to the presence and increase in commercial as well as residential construction activities in the region. The construction industry of the region is expected to register a high growth rate throughout the forecast period, on account of rise in population and the need for housing activities in the various regions of North America.

Competitive Gatherings:

Some of the key market players of the Tile Backer Board Market are James Hardie, Wedi, Georgia Pacific, Johns Manville, USG Corporation, Cembrit, CertainTeed, National Gypsum, Schluter, and Multi-Panels.

Segmentation:

The Tile Backer Board Market is discussed on the basis of Type into 1/4” Board, 3/8” Board, 1/2” Board, and others, within which 3/8” Board has been the most contributing segment of the market since the recent years. On the basis of Application into Floors, Walls, Ceilings, and Others, within which the Floors have the largest share to the market.