Press release
Wall Protection Market Poised to Achieve Significant Growth by 2023
Worldwide Market Reports added Latest Research Report titled “Wall Protection Market Poised to Achieve Significant Growth by 2023" to its Large Report database.Wall protection profiles are designed for the protection of surfaces such as walls, corners, and doors, which are often subjected to extensive wear and tear caused by the general flow of wheeled and pedestrian traffic. Moreover, wall protection offers flexibility for designers. It finds applications in all contract environments such as pharmaceutical, education, healthcare, hospitality, and commercial office.
It helps in ensuring longevity of a building’s interior and also reduces the cost of maintenance and the need for repairs and redecoration. These factors are expected to drive growth of wall protection market over the forecast period. Furthermore, increasing number of hospitals, schools, restaurants, and various other buildings are major factors that fuel growth of wall protection market.
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However, increasing occurrence of natural disasters and changes in weather conditions are factors that might hamper growth of market.
Key Developments in Wall Protection Market
Key players are adopting various strategies such as mergers, acquisitions, new product launches, expansions, collaborations, partnerships, approvals, and joint ventures to retain its position in the wall protection market. On November, 2017, Gradus provided hygienic wall protection for BMI healthcare facility. Also, it made the grade for interior solutions at the University of Hull on January 8, 2018.
On April 3, 2018, Inpro Corporation signed an exclusive distribution agreement with Artista Building Materials Trading LLC, which is based in Dubai, U.A.E. The new distributor will carry JointMaster® Expansion Joint Systems and sell throughout the Emirates. Moreover, on March 15, 2018, Inpro’s SignScape® division released a new way to visually communicate critical patient information to medical staff.
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In 2017, Inpro Corporation signed an exclusive distribution agreement with Impact Solutions that is based in Cape Town, South Africa. The new distributor will carry IPC® Door and Wall Protection Systems, Clickeze® Cubicle Curtain Track, Palladium® Doors, and JointMaster® Expansion Joint Systems. On February 6, 2018, Gerflor entered into a binding agreement to acquire DLW’s linoleum activities, which will be integrated into the Gerflor SAS group.
Some of the key players operating in the wall protection market include Latham, Acculine Architectural Systems, Company C, Inpro Corporation, Koroseal Interior Products, CS Acrovyn, and Gradus Limited among others.
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