Global Flooring Materials Market 2018-2024: Increasing Global Spend on Construction Activity to Drive Demand

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Jan 03, 2019, 06:15 ET

DUBLIN, Jan 3, 2019 /PRNewswire/ --

The "Analysis of Global Flooring Materials Market, Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Construction is one of the key industries of the world's leading economies. Rise in construction spends is expected to drive the growth of building materials. Flooring systems are among the key building materials, and include hard and soft floor coverings. Apart from floor coverings, flooring adhesives have also been taken into account and together are defined as flooring materials in this study.

The flooring materials market in this study is analyzed for end-industries including commercial, residential, and industrial construction. The major end-user types are project management companies (PMCs), building owners, and tenants. Major materials involved in the market are resilient, non-resilient, and soft coverings; the materials commonly used in flooring are ceramics, vinyl, laminates, and carpets. Adhesives are selected for an application based on the flooring material. Commonly used adhesives are acrylics, cementitious, and polyurethane (PU).

The flooring materials market currently gains a large portion of its revenues from the residential construction segment that is driven by a robust growth in demand for remodelling as well as new construction due to economic prosperity in various regions. Additionally, a significant growth in development of the commercial construction segment propels the growth of this market in regions such as Middle East, Europe, Latin America, and Asia-Pacific (APAC). Non-resilient flooring materials dominate the flooring materials market, while resilient flooring is being driven by the growth of luxury vinyl tiles (LVTs).

In the flooring adhesives space, water-based adhesives are gaining prominence due to the increasing need for environmental sustainability and a requirement for low volatile organic compound (VOC) emitting products. APAC is the biggest and the fastest growing region with high potential from the residential, commercial, and industrial construction segment. The market is also impacted by mega trends pertaining to the organizing of events such as World Expo 2020, Summer Olympics 2020, and FIFA World Cup 2022.

The flooring materials market is highly competitive and sees the participation of large and global manufacturers who are primarily established in the developed markets of North America and Europe. The competitive environment in the market is highly skewed towards smaller market participants who are predominantly regional based. However, the larger market participants increasingly engage in mergers and acquisitions and joint ventures among themselves and also smaller companies to acquire new products, technologies, and market shares, due to which the market points towards further consolidation in the coming few years.

The market faces regulatory pressures from organizations such as US Environmental Protection Agency (US EPA) and Conformit Europenne (or the CE Label) that mandate the use of products with lower VOC emissions and call for the elimination of heavy metals. There is an increasing trend of customers moving to water-based flooring adhesives instead of solvent-borne products for want of lower VOC emissions, better specifications, and durability. Manufacturers are increasingly investing in product development to enhance environmental sustainability and product efficiency. Customers are increasingly looking for products that are easier to apply, lighter in weight, and regulatory compliant.

Key Topics Covered:

1. Executive Summary

Key Findings
Strategic Factsheet
Market Engineering Measurements
CEO's Perspective

2. Market Overview

Market Definitions
Geographic Scope
Key Questions this Study will Answer
Market Segmentation-Flooring Materials
Product Segmentation-Resilient Flooring
Product Segmentation-Non-resilient Flooring
Product Segmentation-Flooring Adhesives
Market Segmentation

3. Drivers and Restraints-Total Flooring Market

Market Drivers
Drivers Explained
Market Restraints
Restraints Explained

4. Forecasts and Trends-Total Flooring Market

Market Engineering Measurements
Forecast Assumptions
Revenue Forecast
Unit Shipment Forecast
Percent Revenue Forecast by Region
Revenue Forecast by Region
Percent Unit Shipment Forecast by Region
Unit Shipment Forecast by Region
Unit Shipment and Revenue Forecast Discussion
Percent Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Market
Percent Unit Shipment Forecast by Vertical Market
Unit Shipment Forecast by Vertical Market
Unit Shipment and Revenue Forecast Discussion
Key Technology Trends
Total Flooring Market-Regulations
Dynamic SWOT Analysis

5. Market Share and Competitive Analysis-Total Flooring Materials Market

Market Share-Flooring Materials Market
Market Share-Hard (Resilient and Non-resilient) Flooring Market
Market Share-Soft Covering Market
Market Share-Flooring Adhesives Market
Notable Mergers & Acquisitions

6. Product Matrix

Total Flooring Market-Major Companies

7. Growth Opportunities and Companies to Action

Growth Opportunity 1-Robust Growth in Construction Activity in APAC Region
Growth Opportunity 2-Demand for LVT Driving Product Development
Growth Opportunity 3-Demand for Ceramic Tiles Driving Adoption of Cementitious Adhesives
Strategic Imperatives for Success and Growth

8. Vertical Market Analysis-Resilient Flooring

Vertical Market Overview
Market Engineering Measurements
Resilient Flooring Industry Value Chain
Value Chain Description
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Price Forecast Discussion
Percent Unit Shipment Forecast by Product Type
Resilient Flooring Market by Product Type Discussion
Percent Unit Shipment Forecast by Vinyl Flooring Type
Vinyl Flooring by Product Type Discussion
Percent Unit Shipment Forecast by Resinous Flooring Chemistry
Resinous Flooring Market by Product Type Discussion
Percent Unit Shipment Forecast by End-Industry
Resilient Flooring Market by End-Industry Discussion
Resilient Flooring Vertical Market-Key Trends
Competitive Environment

9. Vertical Market Analysis-Non-resilient Flooring

Vertical Market Overview
Market Engineering Measurements
Non-resilient Flooring Industry Value Chain
Value Chain Description
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Price Forecast Discussion
Percent Unit Shipment Forecast by Product Type
Non-resilient Flooring Market by Product Type Discussion
Percent Unit Shipment Forecast by End-Industry
Non-resilient Flooring Market by End-Industry Discussion
Non-resilient Flooring Vertical Market-Key Trends
Competitive Environment

10. Vertical Market Analysis-Flooring Adhesives

Vertical Market Overview
Market Engineering Measurements
Flooring Adhesive Industry Value Chain
Value Chain Description
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Price Forecast Discussion
Percent Unit Shipment Forecast by Product Type
Flooring Adhesives Market by Product Type Discussion
Percent Unit Shipment Forecast by End-Industry
Flooring Adhesives Market by End-Industry Discussion
Flooring Adhesives Vertical Market-Key Trends
Competitive Environment

11. Vertical Market Analysis-Soft Covering

Vertical Market Overview
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Price Forecast Discussion
Competitive Environment

12. North America Breakdown

13. Europe Breakdown

14. APAC Breakdown

15. ROW Breakdown

16. The Last Word

The Last Word-3 Big Predictions
Legal Disclaimer

17. Appendix

Market Engineering Methodology
Abbreviations and Acronyms Used
List of Exhibits

For more information about this report visit https://www.researchandmarkets.com/research/3d6l4f/global_flooring?w=5

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