Product ID: UCMIG15F2055
Fiberglass Flooring Market Size, Share, Growth Analysis, By Application(Residential, Commercial), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG15F2055 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Fiberglass Flooring Market Insights
Market Overview:
Due to the growing use of fibreglass flooring in residential, commercial, and industrial applications, the global fibreglass flooring industry, which had a USD 531 million market value in 2015, is predicted to have tremendous growth. Due to rising industrialisation, population expansion, and urbanisation, construction is anticipated to increase in developing nations like China and India. Vinyl flooring goods including luxury vinyl tiles, vinyl composite tiles, and vinyl sheets all have fibreglass as the backing material. Fibreglass is a potential option that is expected to see a significant growth in market share during the projection period since it has superior qualities to felt backing, such as being non-allergenic and having a longer lifespan.
Fiberglass Flooring Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Construction Materials by segment aggregation, the contribution of the Construction Materials in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Fiberglass Flooring Market Report Snapshots
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