Travertine tiles market is set to witness a high single-digit y-o-y growth in 2021 over 2020, according to the latest analysis by Fact.MR. Travertine tile sales in the US will be heavily influenced by improving construction activity. In Western European countries, such as UK, France, and Germany, improving consumer confidence can create momentum.
Fact.MR’s latest industry report on the travertine tiles market analyzes the market share of leading manufacturers, providing insights on how demand will grow.
Travertine Tile Advantages Continue to Woo End-Users
Travertine tiles’ advantage is that even if it gets affected by weathering, it acquires an ancient look. This saves on the maintenance costs at certain places. The benefit of using travertine tiles is that they are water and moisture resistant. Along with this, the flooring of travertine tiles is easy as they can be easily shaped and cut.
This makes the application of travertine tiles favorable in uneven places. Plus, travertine has the quality of handling extreme temperature changes. Due to this, they can be used in indoor and outdoor settings.
For instance, Laventina, a key player in manufacturing travertine tiles is focusing on providing solutions that would suit a wider range. Initially, the end-users of travertine markets were historical monuments, palaces, and basilicas.
With time, the end-users have changed. Thus, the company is providing travertine tiles that can be easily molded for the interior of houses and other modern amenities. Another key player, Fels-Werke GmbH, provides a wide range of limestones that can be used for various purposes.
The demand can vary from demanding powders to tiles. Thus, the company serves the purpose and provides five different types of powder-like high-calcium lump lime, fine ground high calcium line, hydrated high–calcium lime, lime putty, and special limes.
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What are Travertine Tiles?
Travertine tiles are a form of limestone that is created by the mineral spring, especially by hot springs. Travertine tiles have a concentric and fibrous appearance and are available in tan, white, cream as well as rusty colors.
Travertine tiles are created by the process of rapid precipitation of calcium carbonate. Travertine tiles are mostly used in Italy as building materials. Travertine tiles are terrestrial sedimentary rocks that are formed by the precipitation of carbonate minerals on the surface of the water, in the ground or in hot springs.
The word “travertine” is an Italian word that is derived from the Latin word “tiburtinus of tibur.” Modern travertine tiles are formed by the mixing of geothermally heated supersaturated alkaline waters with pCO2.
In hot spring, travertine tiles contain aragonite as well as calcite. Aragonite is created when the temperature is hot and calcite is created when the temperature is cool.
Travertine tiles are basically white in color and are also found in other colors such as yellow and brown due to the impurities contained by them. Natural travertine tiles are formed in various parts of the globe such as in Italy. Travertine tiles are also formed in Guidonia Montecelio and Tivoli.
In Turkey, travertine tiles are formed in Pamukkale, and in the U.S., travertine tiles formed in Yellowstone National Park. In addition, travertine tiles are formed naturally in several places around the world. Travertine tiles are most commonly used in building materials.
Most of the Roman buildings, which include temples, monuments, aqueducts, bath complexes, and amphitheaters such as the Colosseum, are built with travertine tiles. Most of the buildings in the world are built using travertine tiles.
Some of the notable buildings that are created by travertine tiles are the Getty Centre that is situated in California, Los Angeles, and Shell-Hausin in Berlin. The travertine tiles used in Shell-Haus and Getty Centre were imported from Guidonia and Tivoli.
Travertine tile are among the most frequently used stones in modern architecture. Travertine tiles are most commonly used for walls, cladding, facades, and flooring. The various properties of travertine tiles include natural finishing, availability in various beautiful variations, easy availability in the market, and a very reasonable price. Moreover, travertine tiles are the most durable materials that are mostly used for decorative purposes.
Other advantages of travertine tiles include strength & durability, gives a natural look to homes, easy to clean, and eliminating the need for maintenance. However, travertine tiles are relatively soft and can scratch very easily, which is among the disadvantages associated with their usage.
Key Trends Influencing Travertine Tiles Demand
Global demand is projected to grow over the forecast period due to an increase in the demand for travertine tiles in various construction and decoration sectors such as homes, temples, monuments, aqueducts, bath complexes and several other areas.
The demand for travertine tiles is expected to increase in the construction industry due to the increasing standard of living and industry & infrastructure development across the globe.
The demand for travertine tiles in the U.S., Germany, Italy, Turkey, India, Japan and China is rising because these countries use significant amounts of travertine tiles due to the growth of various end-use industries such as construction, decoration and infrastructure development activities.
The demand for travertine tiles in North America and Asia is expected to increase due to the growing construction industry, infrastructure development and new technology innovations in the coming years.
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North America is expected to grow significantly over the forecast period due to an increase in the demand from the construction and decoration industries.
Europe is projected to be a prominent revenue-generating region in the travertine tiles market by 2031 owing to growing demand from the manufacturing, metal, construction and decoration industries.
Due to the growth of various industries, increasing standard of living & infrastructure development in India, China and other parts of Asia Pacific, the travertine tiles market in the region is expected to increase during the forecast period. Africa, Latin America and the Middle East are growing markets for travertine tiles.
Some of the major travertine tiles manufacturers include,
- Adelaide Brighton Ltd.
- Todaka Mining Co. Ltd.
- Fels-Werke GmbH
- Buechel Stone Corp
- Taiheiyo Cement Group
- Xella International GmbH
- Schaefer Kalk GmbH & Co KG
- Elliott Stone Company, Inc.
- Mississippi Lime Company
- Polycor Inc.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
An Adaptive Approach to Modern-day Research Needs
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- The Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on a quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain.
Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed.
The qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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Based on type, the global travertine tiles market is segmented into:
- Natural travertine tiles
- Artificial travertine tiles
Based on application, the global travertine tiles market is segmented into:
- Exterior Cladding
- Rounded cladding and coverings
- Interior Flooring
- Bath Design
- Interior coverings and Floor
- Exterior Flooring
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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