Press release
Global SPC Vinyl Flooring Market Research Report 2028
SPC, which stands for Stone Plastic (or Polymer) Composite, features a core that is typically comprised of around 60% calcium carbonate (limestone), polyvinyl chloride and plasticizers. SPC Flooring, also known as Rigid Core Vinyl Flooring, is the newest generation of vinyl floors. Built with a stone plastic composite core, SPC Flooring is virtually indestructible and has a unique resilience that allows for a tremendous amount of versatility that no other category possesses. It is 100% waterproof, fire-resistant, radiant heat compatible, and scratch resistant, thus it can be installed in any room that is susceptible to moisture and temperature fluctuations.Due to the COVID-19 pandemic, the global SPC Vinyl Flooring market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028.
Fully considering the economic change by this health crisis, DIY Installation accounting for % of the SPC Vinyl Flooring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028.
While Commercial Use segment is altered to an % CAGR throughout this forecast period.
North America SPC Vinyl Flooring market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of SPC Vinyl Flooring include Armstrong Flooring, Decno Group, CFL Flooring, Zhejiang Oufei New Material, Zhengfu Plastic, Zhejiang GIMIG Technology, Chenxing Group, Hiking Group and Shang
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Segment by Type
DIY Installation
Professional Installation
Segment by Application
Commercial Use
Residential Use
BY COMPANY
Armstrong Flooring
Decno Group
CFL Flooring
Zhejiang Oufei New Material
Zhengfu Plastic
Zhejiang GIMIG Technology
Chenxing Group
Hiking Group
Shanghai 3C Industrial
Changzhou Aipu Decorative Materials
Changzhou Lingdian
NewBetter Building Materials
Tops Flooring
Yestrong
Jining Luxing Plates
MUCHSEE Wood
Jiangsu Zhengyoung Flooring
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SIMILAR REPORTS
https://reports.valuates.com/market-reports/QYRE-Auto-10M1064/global-vinyl-plank-flooring
https://reports.valuates.com/market-reports/QYRE-Auto-16R12102/global-luxury-vinyl-flooring-lvt
https://reports.valuates.com/market-reports/QYRE-Auto-24D8652/global-luxury-vinyl-tile-lvt
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