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#Resilient Floor Covering Market forecast
vijayananth · 7 months
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Resilient Flooring Market Opportunities, Sales Revenue, Competitive Landscape, Key Players Analysis and Trends by Forecast 2030
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The Insight Partners stands out as a reliable ally in the syndicated market research and consultation through its steadfast commitment to the market research industry. With extensive experience and proven dedication, we have been delivering outstanding outcomes. With a team of researchers catering to distinct business requirements, we can emerge as a trusted research partner in the past decade.
By prioritizing precision and trust ahead, we are proud to announce the addition of the latest offering titled “Resilient Flooring Market Growth Outlook to 2030”. This report ensures spotless coverage of recent updates and a range of business environment factors impacting the Resilient Flooring market growth. The meticulous approach opted by our researchers can assist companies in transforming business space into the Resilient Flooring market.
Resilient Flooring market report offers a comprehensive analysis of regional and global scenarios. The scope of the market report extends to the competitive landscape, cost analysis, key players, specific market regions, profit margin, and market situation. A glance at wide-ranging factors restricting Resilient Flooring market growth is deliberately included in this study.
Objectives of Resilient Flooring Market Report
To deliver a detailed market overview by integrating quantitative and qualitative analysis
To unveil growth strategies by evaluating the competitive landscape and examining key companies against their position and strategic advantage
To offer estimates on sales volume, market share, size, and CAGR for the projected period.
To offer segment wise insights
This detailed report on Resilient Flooring market size is heavily based on verified information and authoritative sources. The study intended to offer market players an overview of market opportunities in the coming period. This report helps clients as a first-hand source of knowledge on the market while providing a full-fledged analysis of each segment.
The study contains details on frontrunners in the market along with their recent collaborations, segments, revenues, product launches, and Resilient Flooring market trends. It projects the competition in the Resilient Flooring market for an estimated duration. This research further looks at industry channels and the performance of key market players to help businesses stay ahead in the market.
Our Report Sample May Brief On:
Scope of Resilient Flooring market report
Brief introduction of Resilient Flooring market and Industry Overview
Table of Contents
Top market players covered in this report
Report Structure
Research Methodologies by The Insight Partners
Regional Insights:
This section includes insights on different regions and key players present in the region. This section attempts to analyze the growth of a specific regional market based on economic, technological, and environmental factors. Readers may expect revenue-based data and sales insights gathered by our team after comprehensive research. This informative chapter remains an absolute perk for investors, as it will help them to understand potential investment value and expected returns in specific regions.
Report Attributes
Details
Segmental Coverage
Type
Vinyl Flooring
Linoleum Flooring
Rubber Flooring
Others
Application
Residential
Commercial
Geography
North America
Europe
Asia Pacific
and South and Central America
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Ardex Endura
Gerflor
Interface, Inc.
Diversey Holdings LTD
AFI Licensing LLC
Wonder Floor
Novalis Innovative Flooring
Mannington Mills, Inc
Unilin
Nora
Other key companies 
Why The Insight Partners?
Proven Expertise: The Insight Partners comprises expert market research analysts who have extensive industry-specific knowledge. Through this report, our team is bringing years of experience to the table while safeguarding the accuracy of insights.
Actionable Insights: TIP relies on a combination of primary and secondary research methodologies that drive tangible results. We are committed to keeping our offerings clear, accessible, and concise to guide businesses in the decision-making process.
Integration of Technology: We embrace technology in all its forms as the core of our research tactics. We use various tools and platforms to analyze and interpret the data. This allows timely results.
Summary:
Current and Future Market Estimates- Resilient Flooring Market Share, and Size | 2030
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation contributing Market Growth
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us: www.theinsightpartners.com
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Isoprene Market by End-User | Recent Developments
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The European Automobile Manufacturers’ Association noted that approximately 85.4 million motor vehicles were manufactured in 2022 globally. The growth in vehicle production has led to a surge in the adoption of isoprene in tire production. The International Rubber Group reported that global tire production reached around 16.87 million tons in 2021, a 9% increase from 2020. Additionally, isoprene’s resilience, tensile strength, and abrasion resistance have increased its adoption in the rubber and medical industry. As noted by Triton’s report, the global isoprene market will likely register revenue growth at a CAGR of 7.65% over the forecast years 2023-2030.
The demand for eco-friendly tires, synthetic rubber, and footwear has further elevated the deployment of polyisoprene, styrene-isoprene styrene, etc. These factors have also influenced several R&D for effective isoprene applications. For instance, in 2022, researchers at the Leibniz Institute of Plant Biochemistry and Martin Luther University Halle-Wittenberg developed the precise conditions for the enzymatic breakdown of synthetic polyisoprene rubber.
Tire, Adhesive, & Rubber: Expanding Scope of Isoprene Market
Fastest End-user: Tires expected to advance with 7.91% of CAGR during 2023-2030
Tires are essential for vehicles like trucks, tractors, buses, aircraft landing gear, forklifts, etc., as they offer traction and cushioning for wheels. In this regard, polyisoprene tires possess strength, wear resistance, and resilience. Estimates indicate polyisoprene to witness the fastest growth in terms of usability at a CAGR of 8.07% during 2023-2030. While polyisoprene is widely preferred, isobutylene-isoprene’s elastomeric properties are ideal for tire inner and high-pressure tubes. This has prompted various strategic initiatives, including halo butyl rubber manufacturing facilities by Sibur in India, with an annual production target of 60,000 metric tons.
Increased vehicle demand and auto sales benefits have soared the demand for isoprene for tire production globally, especially in the Asia-Pacific. As per estimates, China and Japan contribute around 70% of global tire manufacturing. Therefore, expanding automotive sector creates opportunities for the Asia-Pacific isoprene market.
Revenue Growth: Adhesives expected to register a CAGR of 7.30%
Isoprene adhesives, known for their flexibility, bridge gaps on surfaces in various industries, including aerospace, medical, and electrical. In the medical industry, adhesives find applications in catheters, tapes, etc. In this regard, polyisoprene finds application as a substitute for natural rubber. Isoprene demand in this sector is because it reduces Type I allergies while mitigating nitrosamine synthesis.
As a result, several players have made significant adhesive advancements, significantly boosting the studied market’s growth. For example, in 2020, Henkel inaugurated its largest adhesive production facility in India, supporting nearby regions like the Middle East. Similarly, Arkema established a sizable adhesive factory in Japan, catering to sectors such as hygiene, packaging, labeling, etc.
Due to its outstanding tack and high flexibility, styrene-isoprene styrene (SIS) is also employed to develop adhesives. Estimates suggest SIS is set to expand in volume as it is largely used as a hygiene adhesive in personal care items such as baby diapers, feminine hygiene products, etc. Due to the availability of thermoplastic elastomers in producing these products, the demand for styrene-isoprene styrene is anticipated to increase over the forecast years.
2023-2030: Industrial Rubber Witness Volume Growth at 4.62%
Industrial rubber finds application across diverse sectors such as construction, automotive, and manufacturing. Isoprene in industrial rubber has increased, particularly in construction. It is commonly employed in wall and floor coverings, mechanical rubber goods, geo-membranes, elevators, wiper blades, rubber hoses, etc. Isoprene rubber is well-suited for industrial purposes due to its suspension capacity, rubber reusability, and versatility. The category is projected to expand rapidly due to urbanization, increased disposable income, and population growth.
In addition to the volatile cost of natural rubber, technological advancements in isoprene rubber, including styrene isoprene styrene, polyisoprene, and butyl rubber, fuel the expansion of the isoprene market. For instance, Zeon Corp and Yokohama Rubber Co Ltd co-developed a new technology to produce isoprene from biomass for synthetic rubber production.
Bio-Based Isoprene: A Sustainable Opportunity
The surge in natural gas supply over recent years has shifted ethylene production away from naphtha to ethane cracking. This transition has significantly reduced isoprene production, leading to volatile polyisoprene market prices. Consequently, more sustainable routes for isoprene production involving bio-based products are being explored.
Biomass shows promise as a renewable feedstock for polyisoprene used in the rubber industry. Bio-based isoprene holds potential in various applications, including medical appliances, footwear, rubber tires, fragrances, and polymeric materials. For instance, in 2023, Ginkgo Bioworks collaborated with Visolis to decarbonize tire manufacturing while promoting bio-based isoprene use. Hence, the growing focus on eco-friendly approaches is expected to create affluent opportunities for the isoprene market.
FAQs:
Q1) What is the volume growth of the global isoprene market?
The global isoprene market is expected to witness volume growth at a CAGR of 5.15% during the forecast period 2023-2030.
Q2) Which grades of isoprene are employed across end-user industries?
Polymer and chemical are widely employed grades across end-user industries.
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pearlsmith25 · 8 months
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Textile Flooring Market Resilience: Adapting to Changing Consumer Preferences
Textile flooring refers to floor coverings made from woven and non-woven fabrics. It includes products such as carpets and rugs. Textile flooring provides various functional and aesthetic benefits such as warmth, comfort, noise reduction, and slip resistance. It helps improve indoor air quality by trapping dust, pollen, and other allergens. Increasing home renovations and remodeling activities are fueling the demand for textile flooring.
The global textile flooring market is estimated to be valued at US$ 184.29 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The rising popularity of textile flooring in the residential sector is presenting lucrative growth opportunities. Rapid urbanization and improving disposable incomes are enabling homeowners to invest more in home décor and aesthetics. Additionally, the availability of a wide variety of textures, designs, and styles catering to diverse consumer tastes is increasing the appeal of textile flooring for residential use. Carpets and rugs from natural materials like wool and sisal are gainingPreference due to their eco-friendly attributes. Leading manufacturers are leveraging this demand by introducing innovative product ranges made from recycled fibers. The growing inclination towards flooring options that compliment interior aesthetics is expected to boost the adoption of textile flooring solutionsacross residential applications over the forecast period.
Porter's AnalysisThreat of new entrants: The textile flooring industry has moderate threat of new entrants due to the high amount of capital required to enter the market and established brand value of existing players.Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes however established brands and wide product portfolio of existing players reduce impact of bargaining.Bargaining power of suppliers: Suppliers have low bargaining power due to availability of substitute raw materials and supplier base is fragmented without large suppliers.Threat of new substitutes: Threat of new substitutes is low as wooden flooring and tile flooring are well established however, textile flooring has advantages over other flooring types.Competitive rivalry: Industry has high competitive rivalry due to dominance of few global players and product differentiation is challenging.
SWOT AnalysisStrength: Wide product portfolio, brand recognition, and global presence. Innovation in product design and raw materials.Weakness: Vulnerable to raw material price fluctuations. Higher set up and installation cost compared to alternatives.Opportunity: Growth in residential and commercial construction in developing regions. Rise in replacement demand for old flooring.Threats: Sensitivity to economic cycles impacts replacement demand. Stringent environmental regulations on PVC based flooring.
Key TakeawaysThe global textile flooring market is expected to witness high growth over the forecast period owing to rise in construction activities and replacement demand for flooring globally.Regionally, Asia Pacific dominates the market currently due to strong growth in the construction industry in China and India.
Key players in the Europe and North America are focusing on expanding their footprint in emerging economies to leverage growth opportunities.Key players operating in the textile flooring are Mohawk Industries, Inc., Interface, Inc., Beaulieu International Group N.V, Tarkett SA, Balta Group, Shaw Industries Group Inc., Forbo Holding AG, Mannington Mills, Inc., J+J Flooring Group, and Vorwerk and Co. KG. These players are focusing on new product launches, mergers and acquisitions to consolidate their market position.
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blueweave8 · 10 months
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Middle East and Africa Ceramic Tiles Market Insight, Outlook, Report 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Middle East and Africa ceramic tiles market size at USD 11.4 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Middle East and Africa ceramic tiles market size to grow at a CAGR of 7.64% reaching a value of USD 19.08 billion by 2029. Middle East and Africa ceramic tiles market is thriving due to urbanization, infrastructure development, and a growing construction sector. Increasing demand for aesthetically pleasing and durable flooring solutions, coupled with rising disposable incomes, propels market growth. Government initiatives to promote sustainable building practices further contribute. The region's expanding hospitality and healthcare industries also drive the demand for ceramic tiles. Also, advancements in manufacturing technologies and a rising focus on interior decor stimulate market expansion. The resilient construction sector and evolving consumer preferences position the ceramic tiles market as a key player in the region's economic development.
Ceramic Tiles - Overview
Ceramic tiles are versatile, durable flooring and wall covering materials made from clay and other natural minerals. Renowned for their aesthetic appeal, they come in various designs, sizes, and finishes. Resistant to water, stains, and wear, ceramic tiles are popular in kitchens, bathrooms, and high-traffic areas. They offer easy maintenance, promoting hygiene. As eco-friendly options gain traction, innovations in digital printing technology enable intricate patterns. The global ceramic tiles market continues to thrive due to these qualities, reflecting a balance between traditional elegance and modern functionality in interior design and architecture.
Sample Request @ https://www.blueweaveconsulting.com/report/middle-east-and-africa-ceramic-tiles-market/report-sample
Impact of COVID-19 on Middle East and Africa Ceramic Tiles Market
Middle East and Africa ceramic tiles market experienced a significant impact from COVID-19. Pandemic-related disruptions led to supply chain challenges, hampering manufacturing and distribution. Lockdowns and economic uncertainties also influenced consumer spending on home improvement, affecting demand. However, post-pandemic recovery efforts, increased construction activities, and a growing focus on hygiene and aesthetics are driving market resurgence. Innovations in tile designs, sustainable practices, and government initiatives are expected to shape the market's future trajectory in the region.
Middle East and Africa Ceramic Tiles Market – By Application
Based on application, Middle East and Africa ceramic tiles market is split into Floor Tiles and Wall Tiles segments. The floor tiles segment emerges as a larger segment, due to the growing demand for durable and aesthetically pleasing flooring solutions. Increased construction activities, especially in residential and commercial sectors, boost the demand for floor tiles. Also, the trend towards modern interior design and the emphasis on functional yet stylish flooring contributes to the dominant position of the floor tiles segment in the regional market, reflecting a preference for both practicality and visual appeal in architectural and design choices across the Middle East and Africa.
Competitive Landscape
Middle East and Africa ceramic tiles market is fiercely competitive. Major companies in the market include RAK Ceramics, Saudi Ceramics, Italgraniti Group, Kajaria Ceramics, Johnson Tiles, Emilceramica Group, Porcelanosa Group, Ceramica Delmon, Al Maha Ceramics, and Al Khaleej Ceramics. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Middle East and Africa ceramic tiles market.
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chemicalresearch12 · 11 months
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Polystyrene Market Projected to Grow at a 6.02% CAGR from 2023 to 2030
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The global Polystyrene market is expected to experience significant growth, with an estimated volume of approximately 17.5 million tonnes by 2030, projecting a Compound Annual Growth Rate (CAGR) of 6.02% during the forecast period until 2030. This growth is driven by the increasing demand for Polystyrene in various industries, including packaging, household appliances, consumer electronics products, building and construction, and others.
Polystyrene is a versatile polymer that is synthesized through the polymerization of the styrene monomer. It possesses unique properties, such as electrical insulation and water resistance, making it a popular choice in many industries. Its lightweight and resilient nature have led to its use in the construction sector, where it provides insulation for wires and is employed in the manufacturing of the outer bodies of electronics. 
Click Here To Read Full Report: https://www.chemanalyst.com/industry-report/polystyrene-market-724
About Us: 
ChemAnalyst is an online platform offering a comprehensive range of market analysis and pricing services, as well as up-to-date news and deals from the chemical and petrochemical industry, globally.
Being awarded ‘The Product Innovator of the Year, 2023’, ChemAnalyst is an indispensable tool for navigating the risks of today's ever-changing chemicals market.
The platform helps companies strategize and formulate their chemical procurement by tracking real time prices of more than 400 chemicals in more than 25 countries.
ChemAnalyst also provides market analysis for more than 1000 chemical commodities covering multifaceted parameters including Production, Demand, Supply, Plant Operating Rate, Imports, Exports, and much more. The users will not only be able to analyse historical data but will also get to inspect detailed forecasts for upto 10 years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
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15a Cologne, 50823, Germany
Tel: +49-221-6505-8833
Website: https://www.chemanalyst.com/
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mrudula01 · 1 year
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Isoprene Market by End-User | Recent Developments
The European Automobile Manufacturers’ Association noted that approximately 85.4 million motor vehicles were manufactured in 2022 globally. The growth in vehicle production has led to a surge in the adoption of isoprene in tire production. The International Rubber Group reported that global tire production reached around 16.87 million tons in 2021, a 9% increase from 2020. Additionally, isoprene’s resilience, tensile strength, and abrasion resistance have increased its adoption in the rubber and medical industry. As noted by Triton’s report, the global isoprene market will likely register revenue growth at a CAGR of 7.65% over the forecast years 2023-2030.
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The demand for eco-friendly tires, synthetic rubber, and footwear has further elevated the deployment of polyisoprene, styrene-isoprene styrene, etc. These factors have also influenced several R&D for effective isoprene applications. For instance, in 2022, researchers at the Leibniz Institute of Plant Biochemistry and Martin Luther University Halle-Wittenberg developed the precise conditions for the enzymatic breakdown of synthetic polyisoprene rubber.
Tire, Adhesive, & Rubber: Expanding Scope of Isoprene Market
Fastest End-user: Tires expected to advance with 7.91% of CAGR during 2023-2030
Tires are essential for vehicles like trucks, tractors, buses, aircraft landing gear, forklifts, etc., as they offer traction and cushioning for wheels. In this regard, polyisoprene tires possess strength, wear resistance, and resilience. Estimates indicate polyisoprene to witness the fastest growth in terms of usability at a CAGR of 8.07% during 2023-2030. While polyisoprene is widely preferred, isobutylene-isoprene’s elastomeric properties are ideal for tire inner and high-pressure tubes. This has prompted various strategic initiatives, including halo butyl rubber manufacturing facilities by Sibur in India, with an annual production target of 60,000 metric tons.
Increased vehicle demand and auto sales benefits have soared the demand for isoprene for tire production globally, especially in the Asia-Pacific. As per estimates, China and Japan contribute around 70% of global tire manufacturing. Therefore, expanding automotive sector creates opportunities for the Asia-Pacific isoprene market.
Revenue Growth: Adhesives expected to register a CAGR of 7.30%
Isoprene adhesives, known for their flexibility, bridge gaps on surfaces in various industries, including aerospace, medical, and electrical. In the medical industry, adhesives find applications in catheters, tapes, etc. In this regard, polyisoprene finds application as a substitute for natural rubber. Isoprene demand in this sector is because it reduces Type I allergies while mitigating nitrosamine synthesis.
As a result, several players have made significant adhesive advancements, significantly boosting the studied market’s growth. For example, in 2020, Henkel inaugurated its largest adhesive production facility in India, supporting nearby regions like the Middle East. Similarly, Arkema established a sizable adhesive factory in Japan, catering to sectors such as hygiene, packaging, labeling, etc.
Due to its outstanding tack and high flexibility, styrene-isoprene styrene (SIS) is also employed to develop adhesives. Estimates suggest SIS is set to expand in volume as it is largely used as a hygiene adhesive in personal care items such as baby diapers, feminine hygiene products, etc. Due to the availability of thermoplastic elastomers in producing these products, the demand for styrene-isoprene styrene is anticipated to increase over the forecast years.
2023-2030: Industrial Rubber Witness Volume Growth at 4.62%
Industrial rubber finds application across diverse sectors such as construction, automotive, and manufacturing. Isoprene in industrial rubber has increased, particularly in construction. It is commonly employed in wall and floor coverings, mechanical rubber goods, geo-membranes, elevators, wiper blades, rubber hoses, etc. Isoprene rubber is well-suited for industrial purposes due to its suspension capacity, rubber reusability, and versatility. The category is projected to expand rapidly due to urbanization, increased disposable income, and population growth.
In addition to the volatile cost of natural rubber, technological advancements in isoprene rubber, including styrene isoprene styrene, polyisoprene, and butyl rubber, fuel the expansion of the isoprene market. For instance, Zeon Corp and Yokohama Rubber Co Ltd co-developed a new technology to produce isoprene from biomass for synthetic rubber production.
Bio-Based Isoprene: A Sustainable Opportunity
The surge in natural gas supply over recent years has shifted ethylene production away from naphtha to ethane cracking. This transition has significantly reduced isoprene production, leading to volatile polyisoprene market prices. Consequently, more sustainable routes for isoprene production involving bio-based products are being explored.
Biomass shows promise as a renewable feedstock for polyisoprene used in the rubber industry. Bio-based isoprene holds potential in various applications, including medical appliances, footwear, rubber tires, fragrances, and polymeric materials. For instance, in 2023, Ginkgo Bioworks collaborated with Visolis to decarbonize tire manufacturing while promoting bio-based isoprene use. Hence, the growing focus on eco-friendly approaches is expected to create affluent opportunities for the isoprene market.
FAQs:
Q1) What is the volume growth of the global isoprene market?
The global isoprene market is expected to witness volume growth at a CAGR of 5.15% during the forecast period 2023-2030.
Q2) Which grades of isoprene are employed across end-user industries?
Polymer and chemical are widely employed grades across end-user industries.
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Flooring Market Revenue Share Analysis, Region & Country Forecast, 2022–2030
Flooring is rather self-explanatory and includes all manners of flooring materials such as carpets, tiles, hardwood, rubber and several others. Often permanent in nature, flooring provides a level, evenly-textures surface that makes it comfortable for movement. Market Research Future's study of the global flooring market has uncovered a myriad of vital details. The growth of the market is anticipated at a steady CAGR of 6% during the forecast period from 2021 to 2030.
The rapid growth in the construction sector has been a primary driver of growth for the global flooring market. Increasing construction projects across the world in lieu of expanding urban areas and large population sizes are expected to fuel the flooring market. A variety of option is available with a number of designs to boot; this drives consumer participation is selecting the right flooring. Moreover, various parts of the house often have different flooring. Example, bathroom tiles often differ from the flooring in a living room or a patio. Moreover, flooring is used across commercial, industrial and residential applications and the rapid expansion of all three is driving the flooring market with steady and consistent growth. Rising home improvement projects as well and renovation projects due to rising personal disposable income are expected to further drive the market's growth over the assessment period. Emerging economies are noteworthy in the market as they are representative of a high potential for growth due to the economic growth in the region. There is a high demand for improvement of existing infrastructure as well as the building of new infrastructure in the form of hospitals, retail, other commercial buildings, and residential housing.
However, it should be noted that considerable volumes of flooring waste are often generated during new installations and renovations. This can often be expensive, and effective disposal is tricky, thus challenging the growth of the market.
Market Segmentation
The global flooring industry various vital segments have been determined by material, type, applications, and regions. Materials available in flooring have been segmented to include tiles, vinyl rubber, wood, and others. Tiles are highly popular and come in a variety of sizes, shapes, designs, and materials to achieve the perfect aesthetic.
Types of flooring have been segmented to include soft covering, resilient, non-resilient, and others.
Applications of flooring can be found across healthcare, retail, education, hospitality, and sports. Flooring based on application is useful to deliver specific aesthetics or achieve a certain purpose. For example in healthcare, flooring should be hard and easy to clean. In sports, the flooring should be level and help absorb shock.
Regions covered in the report have been segmented into Europe, North America, Asia Pacific, and the Rest of the World
Regional Analysis
The Asia Pacific market has established itself as a market leader in the region and is followed by North America and Europe. North America and Europe are well-developed markets which are growing due to renovations and new installments with regards to existing infrastructure. There is new construction happening in this region which is driving growth. However, new construction projects are not as high in number as those in the APAC. The APAC is a rapidly developing region with rising economic status due to the presence of several emerging economies with a high volume of construction projects across various sectors including healthcare, government, education and residential to name a few.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/flooring-market-2527
Key Players
Gerflor Group (France), Shaw Industries, Inc. (U.S.), Forbo Holding AG. (Switzerland), Flowcrete Group Ltd. (U.K), Tarkett Company (France), Mannington Mills Inc.(U.S.), Mohawk Industries Inc. (U.S.), LG Hausys, Ltd. (Korea), Polyfloor Inc. (U.K.), and Floorworld LLC (Dubai) are the leading market players in the global flooring market according to MRFR’s report. The report covers their market positions and market strategies used to expand market share.
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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Bhandari Marble a Group of Family Business in India
You probably have an idea of what a quarry looks like; a hilltop where layer upon layer of marble and stone is being hacked out. And you’d be right! But what I hadn’t realized until this visit was the sheer scale of the operation. The visitors ’platform gave us a great view over the quarry, and we could see the seams of marble undulating beneath the upper layer of the mountain.
From where we were standing, blocks of stone looked like tiny bricks of Lego; but when you saw that only one or two of these Lego bricks could be transported on a truck at a time, it dawned on you just how gigantic and heavy the blocks must be.
After this visit, we were given a tour of the factory – and what a surprise was waiting for us there! There was the bustling head office which creates and develops innovation; we were shown the extensive sample library which is at the disposal of architects and designers; a showroom where materials are incorporated into interior designs; the design department where designers sparred with us about color trends and product innovations which they develop based on trend forecasts; and after an extensive tour of the entire plant, (the newest production line is 1km long!) there was a Q&A session with one of the board members; Mr Rahul Bhandari himself. He proudly told about the innovations in his company.
Whenever you work with stone, a lot of waste is generated: waste caused during cutting and other processes. The percentage of the waste is so high that marble its own products that can be made from this waste, which are marketed as Dekton and Silestone.
DEKTON is a sophisticated blend of the raw material used to produce the very latest in glass and porcelain as well as the highest quality quartz work surfaces.
Dekton is ideal for exterior products such as cladding due to its UV-resistance and water-repellent qualities that can be produced in large formats. But the fact that it is available in different thicknesses and is heat resistant means it has many uses indoors too – it makes a perfect floor and wall covering in the kitchen and bathroom.
Silestone is a combination of natural quartz and other raw materials that are extraordinarily hard and resilient. These characteristics combine to create an ideal surface for kitchen countertops, bathrooms, flooring, and wall siding.
Silestone is a compound made up of 94% natural quartz, which makes it extremely hard and durable. It is then overprinted with different finishes – think marble or concrete look, but without the porousness and tarnishing.
The Bhandari Group is a good example of a traditional family company, processing a natural product that has set itself the mission not to stand still, but rather to invest in the modernization of the company and making the reduction of its impact on humans and the planet paramount. Sustainability and technological innovations are key; not only in the reduction of the waste but also, for example, by thinking about the water consumption during the sawing of the marble blocks. They have implemented a recycling system of retention, purification, and reuse in this process.
And … I haven’t even mentioned the Aladdin’s cave yet; a gigantic hall filled with slabs of marble and onyx the likes of which I’ve never seen before. So, if you’re looking for something special, look no further!
Bhandari was originally a family business based in India and specializing in marble. Today, the Bhandari Group operates worldwide and produces and distributes high-quality surface covering for the design and architecture world.
Added By Expert and Exporter Team of Bhandari Marble World…..
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fortunebusiness · 4 years
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The flooring market Size and Share Analysis | Industry Growth Forecast to 2026.
The flooring market will exhibit a CAGR of 4.8% and reach USD 515.71 billion by 2026, and the market value as per 2018 was USD 355.17 billion.
Fortune Business Insights™ in its new report, titled “Flooring Market Size, Share & Industry Analysis, By Type (Non-Resilient {Ceramic, Wood, Laminate, and Others}, Resilient {Vinyl, and Others}, Carpets & Rugs, {Tufted, Woven, and Others}), By End-Use (Residential and Non-residential), and Regional Forecast, 2019-2026”.
The flooring market Drivers and Restraints :
Vinyl flooring solutions are becoming increasingly among homeowners as well as commercial occupants, which is fueling this market growth. This rising preference is attributable to host of benefits that vinyl tiles and other flooring options offer. For example, in commercial spaces, vinyl tiling provides a durable and reliable flooring solution as these spaces have heavy foot traffic throughout the day. In case of households, vinyl floors are the ideal solution, since homes have high moisture content and these floors are water- and stain-resistant, giving them a long shelf-life compared to ordinary floorings. Another reason why homeowners prefer vinyl tiles is their affordability.
 List of Significant Manufacturers in flooring market are:
Engineered Floors
Kajaria Ceramics
Invista
LG Hausys
Balta Industries
Victoria PLC
James Halstead
Congoleum
Toli Corporation
Interface
Forbo
TARKETT
Mohawk Industries
Nora Systems
Boa-Franc
Parador
Swiss Krono
Mannington Mills
The Dixie Group
Flowcrete
Milliken & Company
Beaulieu International
Armstrong Flooring
Shaw Industries Group, Inc.
To gain more insights into the market with a detailed table of content and figures, Click Here: https://www.fortunebusinessinsights.com/flooring-market-102740
Some of the key industry developments in the flooring market Include:
·         November 2019: Shaw Industries, the US-based carpet manufacturer, developed COMFOR3TTM, the company’s new soft flooring solution for places with heavy foot traffic. The covering is made from 60-80% recycled content, can be used multiple times, and is 100% recyclable. The sustainable solution is expected to deepen the company’s foothold in this market.
·         September 2019: Belgium-based Beaulieu International Group’s specialized division, Beaulieu Flooring Solutions, launched its novel latex-free carpet called Rewind. The product is made through a highly sustainable process, which involves no water usage and 83% less gas consumption. The purpose behind its launch is to make trade events and shows more eco-friendly.
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databridgemarres · 2 years
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Polyvinyl Chloride Paste Resin Market Forecast 2021-2028
The Polyvinyl Chloride (PVC) Paste Resin Market is projected to grow at a rate of 5.28% during the forecast period of 2021-2028. The Data Bridge market research report on the Polyvinyl Chloride (PVC) Resin Paste Market provides analysis and insight into various factors which are expected to prevail during the forecast period while influencing the growth of the market.
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Market Analysis and Insights on Polyvinyl Chloride Paste Resin Market
Polyvinyl chloride (PVC) is a type of resin used in the manufacture of rubber and plastics. Available in white and powder form. To produce PVC resin paste, PVC is mixed with additives and plasticizers.
The rapid shift in efforts to modernize homes through the use of different flooring options is expected to propel the market growth during the forecast period 2021-2028.
Increased production of synthetic leather, increased customization of PVC insulating paste with coating, as well as high production of passenger cars are also expected to be important factors causing the growth of polyvinyl chloride (PVC) resin pastes. market.
This Polyvinyl Chloride (PVC) Paste Market Report provides details on recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share and impact of local and local market players.
Polyvinyl Chloride (PVC) Paste Resin Market Scope and Market Size
The polyvinyl chloride (PVC) resin paste market is segmented based on production process, quality, and application. Growth in different segments will help you gain knowledge of the various growth factors that are expected to dominate the market and formulate different strategies to identify key application areas and differences in your target market.
Based on the production process, the market for polyvinyl chloride (PVC) resin paste is segmented into micro-suspension process and emulsion process.
Polyvinyl Chloride (PVC) Paste Resin Market Country Level Analysis
The Polyvinyl Chloride (PVC) Resin Paste Market is analyzed and market size, volume information as mentioned above is provided by country, production process, rate and application.
The countries covered in the market report are the United States, Canada and Mexico in North America, Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, other Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific (APAC), Saudi Arabia, United Arab Emirates, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as part of Middle East and Africa (MEA), Brazil, Argentina and other South America as part of South America.
Competitive Landscape and Polyvinyl Chloride (PVC) Paste Resin Market Share Analysis
The competitive landscape of the polyvinyl chloride (PVC) resin paste market provides a breakdown of competitors. Details included are company overview, company financial results, revenue generated, market potential, investment in research and development, new market initiatives, global footprint, manufacturing locations.
Access Full Report:- https://www.databridgemarketresearch.com/reports/global-pvc-paste-resin-market
The major players covered in the polyvinyl chloride (PVC) paste resin market report are
·        Vinnolit GmbH & Co. KG
·        Solvay
·        Orbia
·        KEM ONE
·        Formosa Plastics Corporation
·        LG Chem
·        INEOS
·        Kaneka Corporation
·        SCG Chemicals Co., Ltd.
·        SABIC, Shin-Etsu Chemical Co., Ltd.
·        Occidental Petroleum Corporation
·        The Sanmar Group
·        Braskem
Major TOC of PVC Paste Resin Market Forecast
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dbmrmarketnews · 2 years
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Waterproof Coatings and Membranes Market: Global Trends, Share, Industry Size, Growth, Demand, Opportunities and Forecast By 2028
According to a new market research report “Waterproof Coatings and Membranes Market Size, Share, Growth & Trends Analysis Report  By Product (Polymers, Bitumen, Polymer Modified Cement, Others), Raw Material Type (Modified Bitumen, Polyvinyl Chloride (PVC), Ethylene Propylene Diene Terpolymer (EPDM), Thermoplastic Polyolefin (TPO), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Others), Technology (Integral Systems, Preformed Membranes, Coatings, Liquid Applied Membrane System (LAMS), Sheet Membranes), Application (Roofing and Walls, Waste and Water Management, Building Structures, Floors and Basements, Bridges and Highways, Mining Application, Tunnel Liners, Landfills, Others).
The waterproof coatings and membranes market is expected to witness market growth at a rate of 6.36% in the forecast period of 2021 to 2028. Data Bridge Market Research report on waterproof coatings and membranes market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the development of water conservation infrastructure is escalating the growth of waterproof coatings and membranes market.
Waterproof coatings can be referred to as synthetic chemical materials that are utilized to several surfaces and substrates to make it resilient against the water or its effects.
Download Sample Report to understand structure of the Analysis @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-waterproof-coatings-and-membranes-market
The waterproof coatings and membranes market is segmented on the basis of product, raw material type, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of product, the waterproof coatings and membranes market is segmented into polymers, bitumen, polymer modified cement and others.
On the basis of raw material type, the waterproof coatings and membranes market is segmented into modified bitumen, polyvinyl chloride (PVC), ethylene propylene diene terpolymer (EPDM), thermoplastic polyolefin (TPO), high-density polyethylene (HDPE), low-density polyethylene (LDPE) and others. Modified bitumen is further sub segmented into styrene-butadiene-styrene (SBS) and atactic polypropylene (APP).
On the basis of technology, the waterproof coatings and membranes market is segmented into integral systems, preformed membranes, coatings, liquid applied membrane system (LAMS) and sheet membranes. Liquid applied membrane system (LAMS) is further sub segmented into cementitious, bituminous, polyurethane, acrylic and others. Sheet membranes are further sub segmented into bituminous, polyvinyl chloride (PVC), ethylene propylene diene terpolymer (EPDM) and others.
On the basis of application, the waterproof coatings and membranes market is segmented into roofing and walls, waste and water management, building structures, floors and basements, bridges and highways, mining application, tunnel liners, landfills and others. Waste and water management is further sub segmented into waste management and water management. Building structures is further sub segmented into commercial and residential.
Market Opportunities:
Growth in the awareness about the benefits of cotton Waterproof Coatings and Membraness
Increasing demand for first aid kids
Rising research and development opportunities
Read Full Research Report @ https://www.databridgemarketresearch.com/reports/global-waterproof-coatings-and-membranes-market
The major players covered in the waterproof coatings and membranes market report are Carlisle Companies Inc., Firestone Building Products Company, LLC, Soprema Group, Sika AG, Dow, GAF Materials Corporation, Johns Manville, Renolit, Fosroc, CHRYSO SAS, Solmax, Copernit Spa, Derbigum Manufacturing (Pty) Ltd, Flex Membranes International Corp., GCP Applied Technologies Inc., IKO Industries Ltd., JUTA Ltd, MAPEI S.p.A., LATICRETE International, Inc., Noble Company, Paul Bauder GmbH & Co. KG, Schluter Systems, BASF SE, Pidilite Industries Ltd., CICO Technologies Limited, Maris Polymers, Alchimica, Saint-Gobain, Covestro AG, Estop Group, Exxon Mobil Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Some of the key questions answered in this report:
What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of Waterproof Coatings and Membranes?
Who are the global key manufacturers of the Waterproof Coatings and Membranes Market? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
What are the Global Waterproof Coatings and Membranes Market opportunities and threats faced by the vendors in the global Waterproof Coatings and Membranes Industry?
Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
What focused approach and constraints are holding the Waterproof Coatings and Membranes market?
What are the different sales, marketing, and distribution channels in the global industry?
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blueweave8 · 1 year
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United States Styrene Butadiene Rubber (SBR) Market Industry Trends, Share, Forecast 2022-2029
 BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the United States styrene butadiene rubber (SBR) market size at USD 1.41 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects United States styrene butadiene rubber (SBR) market size to grow at a significant CAGR of 6.45% reaching a value of USD 2.06 billion by 2029. Major growth drivers for the United States styrene butadiene rubber (SBR) market include an increasing interlinking of polymer chains brought on by oxidation. Unlike natural rubber, which tends to harden with time, SBR retains its softness due to this cross-linking, rendering it a favorable material for manufacturing tires. This distinctive property underscores SBR's prominence as a preferred option within the market. The demand for SBR is particularly significant in the tire industry due to these attributes. Also, as the population grows, leading to higher vehicle demand and subsequently increased tire production, the demand for SBR is expected to rise in the USA. Also, its non-slip attributes make SBR suitable for producing footwear soles and heels, contributing notably to market expansion. It is projected that the USA's styrene butadiene rubber (SBR) market will likely reach a volume of 1500 thousand tons throughout the forecast period. However, fluctuations in prices of raw materials and limited supplies of natural rubber are anticipated to restrain the overall market growth during the forecast period.
United States Styrene butadiene rubber (SBR) Market – Overview
Styrene butadiene rubber (SBR) is a synthetic rubber derived from the copolymerization of styrene and butadiene. The predominant method for its production is emulsion polymerization. SBR boasts exceptional mechanical attributes, including high heat resistance, strong tensile strength, resistance to cracking and tearing, and notable resilience. Consequently, it finds widespread application, notably in tire manufacturing. Often combined with natural rubber for enhanced resilience, SBR is employed in various industries, such as tire production, conveyor belts, foam articles, adhesives, sealants, domestic mats, footwear soles, chewy candy, food container adhesives, car mats, brake pads, tubing, V-belts, floor coverings, military tank pads, and rubberized battery box cases.
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Impact of COVID-19 on United States Styrene butadiene rubber (SBR) Market
COVID-19 pandemic adversely affected the United States styrene butadiene rubber (SBR) market. It led to disruptions in supply chains, reduced manufacturing capacities, and shifts in consumer demand. Lockdown measures and reduced economic activity during the pandemic's peak resulted in decreased demand for automotive and industrial products, influencing SBR utilization. While the gradual recovery in economic activities led to a rebound in demand, challenges remained due to supply chain bottlenecks and labor shortages. The pandemic emphasized the need for resilient supply chains and adaptive production strategies to navigate uncertainties and ensure the United States SBR market's sustained growth amidst such unprecedented challenges.
United States Styrene butadiene rubber (SBR) Market – By Application
Based on application, the United States styrene butadiene rubber (SBR) market is divided into Tires, Industrial, Footwear, Polymer Modification, and Adhesives segments. The tires segment held the highest share in the United States styrene butadiene rubber (SBR) market by application. SBR's unique blend of mechanical properties, such as durability, abrasion resistance, and high tensile strength, make it a preferred material for tire production. As the automotive sector continues to grow, the demand for high-quality, long-lasting tires has surged. SBR's ability to enhance tire performance and safety while meeting stringent industry standards has propelled its widespread adoption. This strong alignment between SBR's properties and tire manufacturing requirements underscores its dominant position in the United States SBR market within the tires application segment.
Competitive Landscape
Major players operating in the United States styrene butadiene rubber (SBR) market include Goodyear Tire and Rubber, LANXESS AG, Lion Elastomers, Bridgestone Corporation, Trinseo, Zeon Chemical, Dow Chemical, INEOS Styrolution, Chevron Phillips Chemical Company, and Sinopec. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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Hard-Surface Flooring Market - Industry Trends and Forecast to 2029.
Hard-Surface Flooring Market grows at a CAGR of 8.3% in the forecast period 2022-2029.
Market Analysis & Insights: Hard-Surface Flooring Market
The hard-surface flooring market is expected to witness market growth at a rate of 8.3% in the forecast period of 2022 to 2029. Data Bridge Market Research report on hard-surface flooring market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth.
Flooring is known to be important for the construction industry. It plays a dynamic role in improving the total atmosphere of a residential or commercial landscape. Hard flooring is referred to as a family of flooring materials that comprises of concrete or cement, ceramic tile, glass tiles, and natural stone products.
Browse Full Report: https://www.databridgemarketresearch.com/reports/global-hard-surface-flooring-market
Hard-Surface Flooring Market Share Analysis
Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to patient access with pharmaceutical drugs market.
Hard-Surface Flooring Market Scope and Market Size
On the basis of product type, the hard-surface flooring market is segmented into resilient flooring and non-resilient flooring.
On the basis of material type, the hard-surface flooring market is segmented into vinyl flooring, vinyl sheet, vinly composition tile, rubber flooring, cork flooring, asphalt flooring, linoleum flooring, and others.
On the basis of surface type, the hard-surface flooring market is segmented into seamless flooring, wood flooring, and laminate flooring.
For sample report link click here: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-hard-surface-flooring-market  
Hard-Surface Flooring Market Country Level Analysis
The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Players Hard-Surface Flooring Market
GERFLOR SAS
Forbo Flooring India Private Limited
Alite Floor
Novalis Innovative Flooring
TOC of the report
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Get TOC details from here: https://www.databridgemarketresearch.com/toc/?dbmr=global-hard-surface-flooring-market  
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
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Tel: +1-888-387-2818
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wahid007posts · 2 years
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Carpets & Rugs Market worth USD 112.69 Billion by 2022, registering a CAGR of 4.2%
The report "Carpets & Rugs Market by Type (Tufted, Woven, Needle-punched, Knotted), Material (Nylon, Polyester, Polypropylene), End-use Sector (Residential, Non-residential, Automotive & Transportation), and Region - Global Forecast to 2022", The carpets & rugs market size is projected to grow from USD 91.60 Billion in 2017 to reach USD 112.69 Billion by 2022, at a CAGR of 4.2%.
Get PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=62048331
Browse 156 market data tables and 33 figures spread through 193 pages and in-depth TOC on "Carpets & Rugs Market”
Rise in the number of renovation & remodeling activities drives the demand for carpets & Rugs at a large scale
Carpets & rugs are used for their aesthetic appeal and functional properties, which include slip resistance and thermal insulation to the floor. In addition to covering floors and further improving the overall appeal of home or office decor, carpets & rugs offer a protective layer to floors. In regions with mostly cold climate, carpets & rugs are used for keeping the floor from getting too cold. A few decades ago, the demand for carpets & rugs was the highest in developed economies. However, this trend has changed in the last few years, with consumers spending more money on bringing about aesthetic improvements to their homes or office spaces.
Tufted segment, by type, to gain maximum share during the forecast period
The tufted segment is estimated to account for the largest share by 2022, mainly because new residential construction and commercial projects are increasingly adopting tufted carpets & rugs. Carpets are lucrative for several reasons such as aesthetic enhancement, improvement of indoor air quality, and noise reduction. Due to the technological advancements, the majority of carpets are made from the recycled fiber. The high demand and rapid growth of this type of carpet are supported by its easy and quick manufacturing process, coupled with reasonable pricing. In addition, tufting is suitable for all types of fibers and yarns and can be made in a variety of finishes. The growing construction industry also provides an opportunity to the market to grow further of the market.
The market for carpets & rugs made from polypropylene is projected to grow at the highest rate during the forecast period
Raw materials such as nylon, polypropylene, and polyester are used for manufacturing carpets & rugs. The high demand can be attributed to this type of fiber’s ability to produce versatile designs and patterns, resilience, stain & abrasion resistance, and ability to withstand heavy foot traffic. The polypropylene fiber has relatively lower priced than the other materials used in manufacturing carpets & rugs with resistance to water-based stains, bleaches, and sunlight fading. Also, it can be easily extruded by most manufacturers.
https://www.prnewswire.com/in/news-releases/carpets-and-rugs-market-worth-11269-billion-usd-by-2022-631074873.html
North America is projected to account for the largest share in the carpets & rugs market in 2016
On the basis of key regions, the carpets & rugs market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The North American market accounted for the largest share among all the regions in 2016, in terms of value. However, the growth in the region is projected to trail behind the global average. The U.S. accounted for the largest market share in the North American region in 2016, followed by Canada. The U.S. is also projected to register the highest growth during the forecast period due to the upsurge of housing activities in the country. The North American market has been a leader with respect to product innovation, in terms of quality and application development. The U.S. and Canada are the most developed countries in North America, followed by Mexico.
The major players include Mohawk Industries, Inc. (U.S.), Shaw Industries Group (U.S.), Lowe’s Companies, Inc. (U.S.), Taekett S.A. (France), Home Depot, Inc. (U.S.), Interface, Inc. (U.S.), Dixie Group, Inc. (U.S.), Orientals Weavers Company for Carpets (Egypt), Tai Ping Carpets International Limited (China), and Victoria PLC (U.K.). Companies have adopted strategies such as acquisitions and expansions to cope with the increase in demand in the emerging markets.
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Flooring Market Share, Trends, Industry Growth Overview, Opportunity and Forecast 2022-2030
Flooring is rather self-explanatory and includes all manners of flooring materials such as carpets, tiles, hardwood, rubber and several others. Often permanent in nature, flooring provides a level, evenly-textures surface that makes it comfortable for movement. Market Research Future's study of the global flooring market share has uncovered a myriad of vital details. The growth of the market is anticipated at a steady CAGR of 6% during the forecast period from 2021 to 2030.
The rapid growth in the construction sector has been a primary driver of growth for the global flooring market share. Increasing construction projects across the world in lieu of expanding urban areas and large population sizes are expected to fuel the flooring market share. A variety of option is available with a number of designs to boot; this drives consumer participation is selecting the right flooring. Moreover, various parts of the house often have different flooring. Example, bathroom tiles often differ from the flooring in a living room or a patio. Moreover, flooring is used across commercial, industrial and residential applications and the rapid expansion of all three is driving the flooring market share with steady and consistent growth. Rising home improvement projects as well and renovation projects due to rising personal disposable income are expected to further drive the market's growth over the assessment period. Emerging economies are noteworthy in the market as they are representative of a high potential for growth due to the economic growth in the region. There is a high demand for improvement of existing infrastructure as well as the building of new infrastructure in the form of hospitals, retail, other commercial buildings, and residential housing.
However, it should be noted that considerable volumes of flooring waste are often generated during new installations and renovations. This can often be expensive, and effective disposal is tricky, thus challenging the growth of the market.
Market Segmentation
The global flooring industry various vital segments have been determined by material, type, applications, and regions. Materials available in flooring have been segmented to include tiles, vinyl rubber, wood, and others. Tiles are highly popular and come in a variety of sizes, shapes, designs, and materials to achieve the perfect aesthetic.
Types of flooring have been segmented to include soft covering, resilient, non-resilient, and others.
Applications of flooring can be found across healthcare, retail, education, hospitality, and sports. Flooring based on application is useful to deliver specific aesthetics or achieve a certain purpose. For example in healthcare, flooring should be hard and easy to clean. In sports, the flooring should be level and help absorb shock.
Regions covered in the report have been segmented into Europe, North America, Asia Pacific, and the Rest of the World
Key Players
Gerflor Group (France), Shaw Industries, Inc. (U.S.), Forbo Holding AG. (Switzerland), Flowcrete Group Ltd. (U.K), Tarkett Company (France), Mannington Mills Inc.(U.S.), Mohawk Industries Inc. (U.S.), LG Hausys, Ltd. (Korea), Polyfloor Inc. (U.K.), and Floorworld LLC (Dubai) are the leading market players in the global flooring market share according to MRFR’s report. The report covers their market positions and market strategies used to expand their market share.
Regional Analysis
The Asia Pacific market has established itself as a market leader in the region and is followed by North America and Europe. North America and Europe are well-developed markets which are growing due to renovations and new installments with regards to existing infrastructure. There is new construction happening in this region which is driving growth. However, new construction projects are not as high in number as those in the APAC. The APAC is a rapidly developing region with rising economic status due to the presence of several emerging economies with a high volume of construction projects across various sectors including healthcare, government, education and residential to name a few.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/flooring-market-2527
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
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