Press release
Terrazzo Flooring Market is poised to reach $31.95 billion, growing at a 4.9% CAGR by 2025
Terrazzo Flooring Market by Type (Epoxy Terrazzo and Cement-based Terrazzo) and Application (Educational Institutions, Commercial Buildings, Government Buildings, Transport Infrastructure, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2025. The report offers detailed analyses of the market size & estimations, top winning strategies, driving forces & opportunities, competition scenario, top investment pockets, and market player positioning. According to the report, the global terrazzo flooring industry garnered $21.69 billion in 2017 and is expected to reach $31.95 billion by 2025, registering a CAGR of 4.9% from 2018 to 2025.
Request Sample Report at: -
https://www.alliedmarketresearch.com/request-sample/5054
Rapid proliferation of residential and non-residential construction activities, increase in focus on sustainable flooring among consumers, and advantages of using these floorings such as durability and high-end aesthetics drive the growth of the market. However, high initial costs and threat from substitutes like wood, marble, and others would hamper the market growth. On the other hand, ability to customize and produce a variety of designs would create new pathways for the market players in future.
Epoxy terrazzo segment to be lucrative by 2025
Epoxy terrazzo segment accounted for more than three-fourths of the total market share in 2017 and would maintain its lion's share during the forecast period, registering the highest CAGR of 5.1% from 2018 to 2025. This is attributed to its characteristics such as ease of installation, low maintenance, availability in varied colors, and growing utility in kitchens, bathrooms, and others. The report also analyzes cement-based terrazzo floorings.
Buy Now:-
https://www.alliedmarketresearch.com/checkout-final/594984bbae1f7b9cd3a574983dce0272
Educational institution segment to dominate throughout the forecast period
Educational institution segment contributed more than one-third of the total market share in 2017, owing to significant rise in the number of educational institutes, auditoriums, universities, and schools in the U.S. as well as other developed countries. This segment will remain dominant throughout the forecast period. However, the transport infrastructure segment would grow at the highest CAGR of 6.8% from 2018 to 2025, owing to the increasing need to install these floorings at railway stations, airports, and other public places. The report discusses several applications such as commercial, government buildings, and others.
Asia-Pacific to register the highest growth rate by 2025
Substantial rise in demand for residential and commercial spaces have enabled the Asia-Pacific region to grow at the highest CAGR of 6.6% from 2018 to 2025. However, North America contributed more than one-third of the total market share in 2017, owing to the high demand for versatile surface material used in terrazzo flooring for enhanced visual effects and subtle texture, and would maintain this trend during the forecast period.
For Purchase Enquiry:
https://www.alliedmarketresearch.com/purchase-enquiry/5054
Frontrunners of the industry
The key market players analyzed in the research include 4m Group, Diespeker & Co., Concord Terrazzo Company, Inc., KREZ Group, Kingspan Group, RBC Industries, Inc., Quiligotti Terrazzo Tiles Limited, Terrazzo Masters, RPM International Inc., and Venice Art Terrazzo Co., Inc. These players have adopted various strategies such as expansions, new product launches, mergers & acquisitions, joint ventures, collaborations, and others to strengthen their position in the industry.
Similar Reports:
Wooden Floor Market
https://www.alliedmarketresearch.com/wooden-floor-market
Outdoor flooring Market
https://www.alliedmarketresearch.com/outdoor-flooring-market
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Request Sample Report at: -
https://www.alliedmarketresearch.com/request-sample/5054
Rapid proliferation of residential and non-residential construction activities, increase in focus on sustainable flooring among consumers, and advantages of using these floorings such as durability and high-end aesthetics drive the growth of the market. However, high initial costs and threat from substitutes like wood, marble, and others would hamper the market growth. On the other hand, ability to customize and produce a variety of designs would create new pathways for the market players in future.
Epoxy terrazzo segment to be lucrative by 2025
Epoxy terrazzo segment accounted for more than three-fourths of the total market share in 2017 and would maintain its lion's share during the forecast period, registering the highest CAGR of 5.1% from 2018 to 2025. This is attributed to its characteristics such as ease of installation, low maintenance, availability in varied colors, and growing utility in kitchens, bathrooms, and others. The report also analyzes cement-based terrazzo floorings.
Buy Now:-
https://www.alliedmarketresearch.com/checkout-final/594984bbae1f7b9cd3a574983dce0272
Educational institution segment to dominate throughout the forecast period
Educational institution segment contributed more than one-third of the total market share in 2017, owing to significant rise in the number of educational institutes, auditoriums, universities, and schools in the U.S. as well as other developed countries. This segment will remain dominant throughout the forecast period. However, the transport infrastructure segment would grow at the highest CAGR of 6.8% from 2018 to 2025, owing to the increasing need to install these floorings at railway stations, airports, and other public places. The report discusses several applications such as commercial, government buildings, and others.
Asia-Pacific to register the highest growth rate by 2025
Substantial rise in demand for residential and commercial spaces have enabled the Asia-Pacific region to grow at the highest CAGR of 6.6% from 2018 to 2025. However, North America contributed more than one-third of the total market share in 2017, owing to the high demand for versatile surface material used in terrazzo flooring for enhanced visual effects and subtle texture, and would maintain this trend during the forecast period.
For Purchase Enquiry:
https://www.alliedmarketresearch.com/purchase-enquiry/5054
Frontrunners of the industry
The key market players analyzed in the research include 4m Group, Diespeker & Co., Concord Terrazzo Company, Inc., KREZ Group, Kingspan Group, RBC Industries, Inc., Quiligotti Terrazzo Tiles Limited, Terrazzo Masters, RPM International Inc., and Venice Art Terrazzo Co., Inc. These players have adopted various strategies such as expansions, new product launches, mergers & acquisitions, joint ventures, collaborations, and others to strengthen their position in the industry.
Similar Reports:
Wooden Floor Market
https://www.alliedmarketresearch.com/wooden-floor-market
Outdoor flooring Market
https://www.alliedmarketresearch.com/outdoor-flooring-market
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
