Plumbing Fixtures Market - Vitreous China Segment Leads 5.45% CAGR to 2021
PUNE, India, July 26, 2016 /PRNewswire/ --
Vitreous china segment of plumbing fixtures market is projected to dominate the raw material industry for plumbing fixtures & fittings while increasing demand in Asia-Pacific due to rapid urbanization, building renovations due to disasters and upgradations and rising construction activities in emerging economies is forecast to keep the growth steady.
Complete report on plumbing fixtures & fittings market spread across 245 pages, profiling 11 companies and supported with 193 tables and 52 figures is now available at http://www.reportsnreports.com/reports/634197-plumbing-fixtures-market-by-material-vitreous-china-metal-plastics-product-bathtub-shower-fixtures-and-fittings-sink-fixtures-fittings-toilet-fixtures-fittings-application-renovated-new-buildings-end-use-forecast-to-2021.html .
Vitreous china as a raw material is projected to be the largest plumbing fixtures market segment in the next five years. The most common and most economical material for domestic fixtures such as toilet bowls, urinals, and washbasins is vitreous china. One of the main advantages of vitreous glaze is its ability to resist spills and staining as a result of which modern manufacturers use the glaze owing to its advantages in the wet bathroom environment. It can also be used on larger stand-alone tubs and kitchen fixtures.
The various key plumbing fixtures market companies and fittings providers profiled in the report include Geberit AG (Switzerland), Kohler Co. (U.S.), Jacuzzi Inc. (U.S.), Masco Corporation (U.S.), LIXIL Group Corporation (Japan), Fortune Brands Home & Security, Inc. (U.S.), TOTO Ltd (Japan), Roca Sanitario, S.A. (Spain), Reynolds Group Holdings Limited (New Zealand) , Elkay Manufacturing Company (U.S.) and MAAX Bath Inc. (Canada). Asia-Pacific region is expected to witness healthy growth during the forecast period. The Asia-Pacific market is projected to be the fastest-growing market during the forecast period. Increasing population and rising income is increasing in this region, which in turn is accelerating the per capita spending on construction.
The plumbing fixtures market of China and India are projected to be lucrative due to their rising middle-class population and rising consumer spending on plumbing products. Order a copy of "Plumbing Fixtures Market by Material (Vitreous China, Metal, Plastics), Product (Bathtub & Shower Fixtures and Fittings, Sink Fixtures & Fittings, Toilet Fixtures & Fittings), Application (Renovated, New Buildings), End-Use - Forecast to 2021" research report at http://www.reportsnreports.com/purchase.aspx?name=634197 .
In the process of determining and verifying, the plumbing fixtures market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (35%), Tier 2 (30%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (65%) and Manager Level (35%) from various key organizations operating in the plumbing fixtures market. The primary interviews were conducted worldwide covering regions such as North America (30%), Europe (30%), Asia-Pacific (20%) and RoW (20%).
On a related note, another research on VRF Systems Market Global Forecast to 2022 says, the global variable refrigerant flow (VRF) systems market was estimated to be worth $11.08 billion in 2015 and is expected to reach $24.09 billion by 2022, growing at a CAGR of 11.4% between 2016 and 2022. The commercial building segment is expected to grow at the highest CAGR during the forecast period. The North American market for VRF systems to grow at the highest rate during the forecast period. Companies like Daikin industries Ltd. (Japan), LG Electronics (South Korea), Mitsubishi Electrical (Japan), Midea Group (China), Fujitsu General Corporation (Japan), Johnson Controls, Inc. (U.S.), Lennox International Inc. (U.S.), Toshiba Corporation (Japan), Ingersoll Rand Plc. (Ireland), and United Technologies Corporation (U.S.) have been profile in this 189 pages research report available at http://www.reportsnreports.com/reports/627408-vrf-systems-market-by-system-type-heat-pump-and-heat-recovery-system-application-commercial-retail-stores-healthcare-hotels-restaurants-educational-institutions-residential-by-component-and-geography-global-forecast-to-2022.html .
Explore more reports on Manufacturing & Construction market at http://www.reportsnreports.com/market-research/manufacturing/ .
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