Flooring Materials Market 2020 Will Grow at Huge CAGR of 7.5% by 2027 With Global Players - Boral, CSR Limited, Sika AG, Saint-Gobain, 3M, Johns Manville, Milliken, Interface

Market Overview
Flooring materials are the horizontal elements of a residential building that provide support to the building infrastructures. The type of flooring can be differentiated into: flooring base material, floor covering material and under mount material. The base materials can be concrete or gypsum and the covering materials can be a carpet, stone or wood. The under-mount materials are generally the materials for insulation purpose and can be either plastic or rubber.
The adoption of different cultures and changing lifestyle of people is a growing trend for investment in the interiors of a home thus enhancing the flooring materials market. The selection for flooring materials comprises of the product life, visual appeal, flexibility and durability of the materials to sustain the pressure of the foot traffics in the major commercial and residential buildings. Growing residential building construction in developing countries is leading to growth in demand for global flooring materials market.
Global flooring materials market is expected to register a substantial CAGR of 7.5% in the forecast period of 2019 -2026.

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The Flooring Materials Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new Flooring Materials Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to Flooring Materials Market.

Major Market Manufacturers Covered In The Flooring Materials Market Are:
Some of the major players operating in this market are Boral, CSR Limited, Sika AG, Saint-Gobain, 3M, Johns Manville, Milliken, Interface, Inc., Shaw Industries Group, Inc., Arabian Tile Company Ltd. – ARTIC, Kajaria Ceramics Limited, MOHAWK INDUSTRIES, INC., Tarkett, Owens Corning, Fletcher Building, TAMKO Building Products LLC, SCG, The Euclid Chemical Company, Liberty Industries, Synetik, ARDEX Group, Q.E.P. Co., Inc. and many others.

Product Launch:
• In January 2019, Mannington Mills, Inc. launched the new product line ADURA MaxAPEX—floors. The new product is more durable and sustainable in nature providing beautiful wood looks to the vinyl floors. The new product will help the company expand its business in the future.
• In January 2019, Arabian Tile Company Ltd. – ARTIC launched its new Terrazzo tiles as flooring solutions. This will enhance the company’s product portfolio and will also help in the revenue generation.
• In October 2018, Johns Manville launched formaldehyde-free cavity shield for insulation. The shield provides solution for interstitial spaces and increases the insulation products width. The product is one of a kind in insulation materials range. It is a protective shield that is made with no amount of formaldehyde in it. This will add up to the product portfolio of the company and will drive the market growth.

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Key Benefits for Flooring Materials Market:
• The report evaluates the key factors of drivers, restraints, and opportunities enabling strategic decision making with perceptive to identify the potential Market.
• The report evaluates the key factors of drivers, restraints, and opportunities enabling strategic decision making with perceptive to identify the potential Market.
• Basic Industry Overview and Global Market Development Policies and Plans
• Key Market players Profiling and the competitive outlook of the industry.
• Detailed Understanding and evaluation of the Present and Future Trends.
• Extensive analysis of the Market is conducted by following key product positioning and monitoring of the top manufacturers within the Market

Global Flooring Materials Market Scope and Market Size
Global flooring materials market is segmented into four notable segments which are materials, flooring type, installation and application.
• On the basis of materials, the market is segmented into floor covering material, floor base material and under mount material.
o In January 2019, Saint Gobain, entered into an agreement with Private Equity firm Open Gate Capital to acquire the Group’s silicon carbide division. This agreement will depend on the approval of the employee representatives’ bodies. The main objective of this transaction is to divest business representing sales of at least 3 billion euros at the end of 2019.
• On the basis of flooring type, the market is segmented into tiles, stone, wood, PVC/vinyl, concrete, terrazzo, mosaic, glass, brick, carpet, cork, linoleum, rubber, acid-resisting, magnesite and others.
o In January 2018, Tarkett acquired Grass Manufacturers Pty Limited to expand its business across Australia. The acquisition will also help the company to deal in high quality and innovative product portfolio in the Australian markets.
• On the basis of installation, the market is segmented into retrofitting and new installation.
o In June 2018, Interface, Inc. signed an agreement to acquire Nora Systems for an amount of USD 420 Million. The acquisition will help the company to expand its portfolio of products related to resilient flooring.
• On the basis of application, the market is segmented into residential, commercial and institutional.
o In 2015, Synetik acquired Joleittaine Prodije in order to offer better advices and suggestions to its upcoming clients in order to increase sales.

Based on regions, the Flooring Materials Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report covers major aspects:
• Various economic factors that are significant in determining the Flooring Materials Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the Flooring Materials Market growth.

Strategic Points Covered in Table of Content of Global Flooring Materials Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Flooring Materials Market
Chapter 2: Exclusive Summary – the basic information of Flooring Materials Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting Flooring Materials Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Flooring Materials Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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