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COVID-19 Impact on Outdoor Flooring Market SWOT Analysis by Future Insights | 2018-2025

07-29-2020 04:47 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

COVID-19 Impact on Outdoor Flooring Market SWOT Analysis

The recent rise in popularity of thermally treated woods have resulted in their significant adoption among commercial as well as residential end-users. The thermal treatment of woods enhances its attributes such as durability, sustainability, insulation, as well as the long life of different types of woods.

The global outdoor flooring market size was valued at $7,759.9 million in 2017, and is expected to reach $12,072.1 million by 2025, registering a CAGR of 5.77% from 2018 to 2025. Europe dominated the global outdoor flooring market, accounting for around one-third share of the total revenue.

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The recent availability of thermally treated wooden materials has significantly improved the materials durability and strength, which augments the attributes of an eco-friendly material. As a result, the surge in popularity of thermally treated wood is expected to drive the market growth of the decking segment.

The outdoor flooring installed in patios, porches, backyards, pavements, and others enhances the visual appeal of the residential building. It improves the perception of home among individuals, thereby creating value for residential end-users.

Key findings of the study
• In terms of value, the ceramics segment generated the maximum revenue in 2017 and is expected to grow at a CAGR of 5.65% during the forecast period.
• The decking outdoor flooring is likely to grow at a CAGR of 6.56% by 2025.
• Public infrastructure is expected to dominate the outdoor flooring market, registering the CAGR of 5.16% in terms of value.
• Asia-Pacific is projected to show exponential growth in demand throughout 2025, growing at a CAGR 6.80% of in terms of value.

Get detailed COVID-19 impact analysis on the Outdoor Flooring Market:https://www.alliedmarketresearch.com/request-for-customization/3332?reqfor=covid

Key players profiled in the report include AZEK Company, Beaulieu International Group, Citadel Floors, ECORE International, Inc., Ebaco India Pvt. Ltd., Fiberon, Mats Inc., Mohawk Industries, Tandus Group, Inc., Tarkett S.A., The Biltrite Corporation, and Timber Holdings USA among others.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. 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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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