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Commercial Flooring Market to Register a Stout Growth by 2016 - 2022
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Geographically, the Global Commercial Flooring industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. North America contributed the highest share in the global commercial flooring market in 2015 due to recovery of construction industry in the region. Rising infrastructural developments and urbanization in countries such as India, China and Japan is expected to expand the commercial flooring market in Asia. Asian region is anticipated to observe robust demand for non-residential and residential spaces which will intensify the market of commercial flooring in future.
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Some of the key vendors identified across the value chain of the global Commercial Flooring market include James Halstead, Flowcrete, Novalis, NOX Corporation, Toli flooring, China national building material co. ltd., and others. The manufacturers are focusing on development of new and innovative products and displaying of products through online catalogues. Thus, regular supply of raw materials utilized for manufacturing process is necessary for market players for overall development. Various new players are anticipated to enter into the market and to capture the share in global commercial flooring market.
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