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Ceramic Tiles Market: Digitally Printed Tiles Boost Aesthetic Appeal, Forecast to Surpass USD 464.41 Billion by 2031 | SkyQuest Technology

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WESTFORD, Mass., July 19, 2024 /PRNewswire/ — According to SkyQuest, the global Ceramic Tiles Market size was valued at USD 245.50 billion in 2022 and is poised to grow from USD 263.52 Billion in 2023 to USD 464.41 Billion by 2031, at a CAGR of 7.34% over the forecast period (2024–2031).

Ceramic tiles are used in buildings because they are extremely durable and have crack resistance. The ceramic tiles market’s growth is primarily driven by growing construction activities and increasing investment by the countries for infrastructure development. The market is also surging due to the preference for ceramic tiles during renovation of houses, shops, malls, and other institutes. A rising population and disposable income are also supporting the market development. Today, there are various types of ceramic tiles with different colors, textures, and sizes available in the market increasing its attractiveness among people. Moreover, the governments of the developing countries have also immensely invested in public infrastructures like offices, hospitals, and housing societies. Developments in the inkjet technology have also helped manufacturers to imitate the veining patterns and color depth of the natural stones like marble, travertine, slate, and limestone. There is immense growth in the marble-styles tiles because of their minimalist looks and elegance. These tiles are mostly used in bathrooms and corridors for commercial buildings.

Download a detailed overview:
https://www.skyquestt.com/sample-request/ceramic-tiles-market

Ceramic Tiles Market Overview:

Report Coverage 

Details 

Market Revenue in 2023 

$ 263.52 Billion 

Estimated Value by 2031 

$ 464.41 Billion 

Growth Rate 

Poised to grow at a CAGR of 7.34% 

Forecast Period 

2024–2031 

Forecast Units 

Value (USD Billion) 

Report Coverage 

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 

Segments Covered 

Finish, Application, End-Use, and Region 

Geographies Covered 

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights 

The advent of 3D tiles with their multidimensional patterns and visually appealing looks

Key Market Opportunities 

Growing population is increasing the need for commercial and residential buildings

Key Market Drivers 

Use of ceramic tiles for their versatility, durability, and style

Segments covered in Ceramic Tiles Market are as follows:

FinishGlossy, Matte, Polished, OthersApplicationWall tiles, and Floor tilesEnd UserResidential, and Non-residential

Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/ceramic-tiles-market

Increasing Demand for Digitally Printed Ceramic Tiles for Intricate Designs to Drive the Market

In the past few years, the popularity of the digitally printed ceramic tiles increased significantly. The consumers are choosing more intricate designs that has an aesthetic appeal. Moreover, the development and utilization of innovative technologies for printing designs on tiles have assisted manufacturers to maintain consistency in designs. Increasing expense of customers and the rising requirement for innovative interior decors have also increased the demand of the digitally printed tiles market. These types of tiles are extremely versatile and showcases a unique aesthetics by creating a beautiful effect on the interior space. This type of printing technology can imitate images easily to create a high-definition designs on the tiles. The tiles are also available for copper, gold, silver, steel, and bronze colors. Exceptional features like anti-bacterial, easy to clean, resistance to fire, stains, and moisture, is also driving the market growth.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/ceramic-tiles-market

Growing Floor Industry with Stylish Ceramic Tiles is Influencing Market Growth

The ceramic tiles are extensively used in flooring applications because they are versatile, durable, and stylish. The demand for floor covering is growing as the infrastructure and construction activities are expanding rapidly. In recent times, hard surface flooring like ceramic tiles is getting more popular because of their high performance and cost-efficiency. Moreover, they are also extremely environmentally friendly and can lasts for a long time due to their resistance to moisture and easy maintenance. These tiles are flexible can is used in both indoor and outdoor areas, increasing the growth of the market.

Urbanization and Increasing Population Investing in Construction to Boost Ceramic Tiles Market

The ceramic tiles are extensively used for flooring in the construction sector because they are highly durable and crack resistance. These tiles are also extremely attractive, sustainable, and reliable. The protective coatings in the ceramic tiles offer outstanding water resistance, stain resistance, and easy to clean. Two primary factors driving the ceramic tiles market is urbanization and expansion as they are being heavily used in the commercial and residential projects. Urbanizations is growing in the developing countries like Asia, Africa, and Latin America because of the rapid growth in population. Therefore, this fast-paced urbanization along with investments from government in commercial and residential construction is highly boosting the ceramic tiles market.

Related Report:

Ceramics Market 

Technical Ceramics Market 

Ceramic Coating Market 

Ceramic Matrix Composites Market 

Optical Ceramics Market 

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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Firstsource positioned as a ‘Leader’ in Lending Services Operations PEAK Matrix® Assessment 2024 by Everest Group

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MUMBAI, India, Sept. 27, 2024 /PRNewswire/ — Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has been positioned as a Leader in the Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.

The Lending Services Operations PEAK Matrix ® Assessment 2024 evaluated and classified 30 lending service providers based on their market impact, and vision, and capability, as well as scalability and client references into the three categories of Leaders, Major Contenders, and Aspirants. Firstsource was positioned as a ‘Leader’ among service providers for achieving growth, despite challenging market conditions, offering a balanced range of services across the lending value chain—commercial, consumer, mortgage, and auto lending – providing a diverse set of clients with a complete experience, driving innovation, and investing to augment their Al-based in-house solutions suite.

Vivek Sharma, President – BFS, CMT, and Emerging Geos, Firstsource, shared, “Being recognized as a Leader in the 2024 Lending Services Operations PEAK Matrix® Assessment is a powerful validation of our focused strategy. We have deliberately chosen to limit our domains and deepen our expertise in those areas, and this recognition reinforces that commitment. Our comprehensive operations, supported by Collection and Lending Innovation Labs in the U.S. and U.K., leverage AI-driven solutions and a strategic global reach to enhance customer experience, drive operational excellence, and deliver innovation—all under one roof.

“As the lending services industry continues to evolve, our emphasis on innovation and value creation across the entire lending value chain positions us as a trusted partner for organizations seeking to future-proof their business. This acknowledgment highlights our role in driving the future of the industry and solidifies our leadership in delivering cutting-edge solutions that meet the complex needs of our clients.”

Sahil Chaudhary, Practice Director, Everest Group, shared, “Firstsource’s impetus on innovation and digital solutions has helped it to drive growth, as well as making it a preferred BPS partner amid the challenging economic landscape in the lending operations market. Their well-diversified clientele across the lending value chain, combined with strategic investments in in-house AI-based solutions, has established it as a Leader in Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.”

To download a copy of the assessment, please visit: Firstsource Named a Global Leader by Everest Group Peak Matrix 2024 – Firstsource

About Firstsource

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: FISO.BO) (Bloomberg: FSOL:IN), is a specialized global business process services partner, providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes. (www.firstsource.com)

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TRIBIT will launch its 200W Bluetooth Speaker StormBox Blast 2 in mid-October

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This time, immerse yourself in the music, live for live

NEWARK, Calif., Sept. 26, 2024 /PRNewswire/ — TRIBIT, a global audio brand, targets the mid-October launch of the upgraded StormBox Blast 2 portable Bluetooth speaker. Following on from the success of its predecessor, StormBox Blast, the StormBox Blast 2 now has upgraded features including a higher IP67 waterproof rating, Bluetooth 5.4 and a huge 200W output power.

Explosive 200W* Output 

Featuring an 80W subwoofer with diamond reinforcement ribs, dual 45W mid-range drivers, and two 15W silk dome tweeters, the StormBox Blast 2 delivers precise beats and notes. Its 2.1 channel design, powered by two advanced Ti amplifiers, ensures balanced and dynamic sound, while dual large passive radiators enhance the bass for deeper resonance.
*AC Power: 200W; Battery Power: 180W

Fun & Interactive Karaoke

Host a karaoke party with the TRIBIT speaker which boasts the professional-grade karaoke function with an adjustable Reverb effect! Supporting dual wired or wireless microphone connections, this party speaker enables you to sing solo or in a duet. Better still, state-of-the-art Bluetooth 5.4 ensures an optimal listening experience with TWS connectivity. What’s more fun than getting friends or family together for a good old sing song?

Customized Dynamic Lighting

The StormBox Blast 2 also features customizable dynamic lighting for a fantastic light show! The speaker can be synced to the pulse and rhythm of the song playing or users can pick a favorite color in the TRIBIT App to add a stunning touch to bars, weddings, festivals, and everything in between.

Unstoppable 30hrs Playtime

Worried about the tunes suddenly stopping mid-event? The StormBox Blast 2 has a 30-hour playtime to ensure there’s enough power to keep party goers dancing into the night! Thanks to the colossal battery capacity, the speaker can also be used to charge phones or other electric gadgets to be certain nothing will run out of juice!

About TRIBIT:

Back in 2017, TRIBIT was born with one singular focus: to inspire outdoor exploration while embracing the beauty of nature and the magic of sound. Just like stepping into a journey where melodies of innovation resonate with your soul, TRIBIT decodes the music mystery with the notes of “do re mi”.

We strive to make high-quality audio accessible to all, orchestrating auditory brilliance. So now turn up the volume on your TRIBIT and treat yourself with better beats!

Contact:
Miriam Lin
media@tribit.com 

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SOURCE TRIBIT

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Linglong’s European Factory Has Achieved Mass Production

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BELGRADE, Serbia, Sept. 26, 2024 /PRNewswire/ — In the middle of September, 2024, Linglong International Europe d.o.o., the first Chinese tire factory in Europe, officially started mass production. Another important project in Linglong Tire’s “7+5” global strategic blueprint has come to fruition, and the global strategic layout has started a new journey!

Serbian President Aleksandar Vučić led government departments at all levels, together with Chinese Ambassador to Serbia Li Ming, industry authorities, well-known experts from universities, as well as Linglong’s global partners and media friends, to attend this grand event.

Since its launch in 2019, Linglong Europe has attracted global attention with its grand blueprint of a total investment of US$990 million and an annual production capacity of 13.62 million high-performance radial tires.

During its construction, Linglong’s European factory has deeply integrated cutting-edge technologies such as artificial intelligence, mobile sensing, industrial big data, and industrial robots. It is committed to becoming a benchmark for tire production that is safe, environmentally friendly, intelligent, automated, and green, and becoming one of the leading digital factories in the global tire industry. It has achieved full automation and digital management from the warehousing of raw materials to the delivery of finished products, greatly improving product quality and production efficiency.

Furthermore, the “green, clean, civilized, and lean” new factory model advocated by Linglong Europe will lead the industry towards a more environmentally friendly, efficient, and intelligent direction.

During their in-depth visit to the production workshops of Linglong Europe, the visiting leaders and guests all expressed sincere admiration for the factory’s high level of intelligence, unanimously acknowledging it as a model in the tire manufacturing industry that they have personally witnessed, and an “incredible factory” beyond their imagination in terms of intelligence. President Vučić emphasized during his visit, “It’s unbelievable and incredible. I feel so proud and happy.”

With the official mass production of its European project, Linglong has taken an important step in its globalization strategy in the European market. The factory will provide European and surrounding market users with an excellent driving experience through high-performance products featuring green, low-carbon, low rolling resistance, and strong handling capabilities, as well as superior services. This milestone achievement not only promotes the construction and improvement of Linglong’s overseas OE system, but also significantly enhances the competitiveness and influence of Chinese tire makers in the global market.

In August 2024, with the Linglong Europe developing rapidly, Linglong announced the launch of the Linglong Phase II expansion project in Europe. After the expansion project is completed, it will add an annual production of 1.1 million high-performance radial tires of various types, including 800,000 sets of commercial vehicle tires, 50,000 sets of engineering radial tires, 150,000 sets of agricultural radial tires, 100,000 sets of retreaded tires, and liquid reclaimed rubber, photovoltaic power generation and other projects.

At the mass production ceremony, Linglong Tire signed an additional investment memorandum with the Serbian government. The signing of this agreement is not only a full affirmation of the previous cooperation results, but also lays the foundation for the smooth progress of the European Linglong expansion project.

In the future, Linglong Tire will take the project’s mass production as an opportunity, aim at the high-quality joint construction of the “Belt and Road” between China and Serbia, strengthen compliance operations and safety production management, and promote future project construction with high standards and strict requirements. At the same time, the company will actively fulfill its social responsibilities, establish an excellent corporate culture image, and contribute more to promoting China-Serbia economic and trade cooperation to a higher level and promoting Chinese manufacturing to the world stage!

View original content to download multimedia:https://www.prnewswire.com/news-releases/linglongs-european-factory-has-achieved-mass-production-302260752.html

SOURCE Shandong Linglong Tyre Co., Ltd.

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