The tile backer board market comprises of cement-based boards or fiberglass-mesh-reinforced sheets used as a substrate for attaching ceramic tiles or natural stones in wet areas like bathrooms and kitchens. Tile backer boards are moisture resistant and durable compared to regular drywall due to the addition of cement and other water-resistant additives. They provide a flat, solid surface and can bear the weight of tiles and tiles installation materials like thinset mortar or adhesive. Common backer board materials include fiber-cement, fiberglass mesh, and gypsum.
The Global tile backer board market is estimated to be valued at US$ 3.16 Bn in 2024 and is expected to exhibit a CAGR of 4.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the tile backer board market includes Georgia-Pacific Wood Products LLC, PCS Board, James Hardie Building Products Inc., wedi GmbH, USG Corporation, Johns Manville, National Gypsum, Cembrit Holding A/S, CertainTeed, Schluter Systems, Tortuga, Ramco Hicem, VipaBoard, Hangzhou Tyco Industrial Co., Ltd., and ZMARTBUILD.
The global Tile Backer Board Market Demand is driven by the rising residential and commercial construction activities across the world. Rapid urbanization and the growing population are fueling the demand for new residential and commercial infrastructure which requires tile backer boards for bathrooms and kitchens. Furthermore, the remodeling and renovation activities of existing buildings also contribute to the increasing demand for tile backer boards.
Globally tile backer board manufacturers are expanding their production capacities and geographical footprint to leverage the opportunities in emerging markets. Major players are investing in developing economies in Asia Pacific and Middle East & Africa to cater to the rising demand from new construction projects. New product launches specifically designed for commercial applications is another key strategy adopted by manufacturers to boost sales in profitable market segments.
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