The modern-day document posted via Report Ocean, titled “Construction Flooring Chemical Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
Construction flooring chemical market revenue is expected to reach $3,787 million by 2022, from $2,614 million in 2016, with a CAGR of 5.3% from 2017 to 2023. Floorings are an essential part of the household or commercial structure and are gaining prominence in infrastructural facilities, such as the railway platforms, bus stops, footpaths, manufacturing plants, and others. Carpets & rugs are used in cold regions such as North America and Europe to keep the floor from getting too cold. Cork, wood, rubber, vinyl, asphalt, linoleum, ceramic tile, clay tile, concrete tile, terrazzo stone, and brick are also used as floorings in residential, commercial, infrastructure, and repair structures for several benefits such as noise-reducing effect, dust binding, insulations, comfort, and pleasing aesthetics.
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A shift in the industry trends are observed, owing to rapid economic growth in India and China. With many countries in Asia-Pacific still being largely rural, the economic growth is set to foster the ongoing urbanization. Moreover, the growth in population in these countries is expected to boost the demand for housing and commercial infrastructure, which in turn is anticipated to drive the Construction flooring chemical market. The need for better infrastructure has increased, owing to rise in investment and high disposable income, which further fuels the demand for flooring. The global Construction flooring chemical market is segmented based on type, application, and geography. Based on type, the market is categorized into soft covering, resilient, non-resilient, and others. Soft covering flooring is expected to account for the largest share in 2015, owing to economic recovery in regions such as North America.
Based on application, it is classified into residential, industrial/commercial, infrastructure, and repair structure. In 2016, residential segment accounted for the highest share and is expected, to maintain the dominance during the forecast period, owing to increased home improvement and renovation projects, change in consumer lifestyle, and rise in consumer disposable income. However, volatility in the prices of raw material and increase in environmental impact, as a result of the volatile organic compounds (VOCs), may hamper the market growth.
Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2015, Asia-Pacific is anticipated to grow at the highest CARG during the forecast period. Emerging economies, such as China and India, offer lucrative opportunities to market players, owing to the growth in urbanization and industrialization, which is expected to drive the Construction flooring chemical market in this region.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
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The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS OF CONSTRUCTION FLOORING CHEMICAL MARKET
This report provides an extensive analysis of the current and emerging market trends, estimations, and dynamics to identify prevailing market opportunities in global Construction flooring chemical market.
In-depth analysis by constructing market estimations for the key market segments between 2016 and 2023.
Competitive landscaping and value chain has been considered in the study to understand the competitive environment globally.
Region- and country-wise global Construction flooring chemical market conditions are comprehensively analyzed.
Exhaustive analysis of global Construction flooring chemical market by type helps in understanding various types of flooring material and the variants that are expected to gain prominence in the future.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers participating in this market. This would offer a competitive advantage to stakeholders to make profit-oriented business decisions and to help strengthen their supplier and buyer network.
Major players profiled in this study are as follows:
Armstrong World Industries, Inc.
Forbo
Mohawk Industries, Inc.
Shaw Industries
Congoleum Corporation
Gerflor
Interface Incorporation
James Halstead Plc.
The Dixie Group
Toli Corporation
KEY PLAYERS
Anderson Hardwood Floors
Asian Granito
Fired Earth
Interface Global
Karndean
Milliken
Mannington Mills
Tarket
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CONSTRUCTION FLOORING CHEMICAL MARKET KEY SEGMENTS:
By Type
Soft Covering
Resilient
Non-resilient
Others
By Application
Residential
Industrial/Commercial
Infrastructure
Repair Structure
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Korea
Japan
India
Rest of Asia-Pacific
LAMEA
Brazil
Argentine
U.A.E.
Saudi Arabia
Rest Of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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