DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Fiberglass Flooring Market Size And Trend Analysis By Application (Residential, Commercial, Industrial), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2014 – 2025” report to their offering.
The global fiberglass flooring market is expected to reach USD 987 million by 2025, according to this new report. The growing application in industrial, residential and commercial buildings owing to the longer lifespan of floors coupled with better aesthetics will drive growth over the upcoming years. Moreover, the rising demand for residential buildings in light of population growth, increasing income levels, and favorable government initiatives will aid in the industry development.
The usage of these products in the industrial sector will witness substantial revenue rise at a CAGR of 6.8% from 2016 to 2025. Factors such as low maintenance and anti-allergen are expected to spur the demand for these products over the upcoming years. Strong growth of the construction industry in emerging countries such as China, India, Singapore, Brazil, Thailand, Indonesia, Mexico, UAE, South Africa, Saudi Arabia, Qatar, and South Korea will create growth opportunities for the market in the future.
The industry is dominated by key participants including IVC Group (Mohawk Industries), Mannington Mills, Inc., Shaw Floors, NOX Corporation, Milliken, Armstrong World Industries, Gerflor, and Tarkett.
Companies are focusing on strategic partnerships and alliances for strengthening their positions in the global market. In January 2013, the IVC Group announced the acquisition of Trinterio, which led to the introduction of two new subdivisions to the IVC Group, Spanolux, and Balterio.
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Fiberglass Flooring Market Variables, Trends & Scope
4. Fiberglass Flooring Market: Application Estimates & Trend Analysis
5. Fiberglass Flooring Market: Regional Estimates & Trend Analysis
6. Competitive Landscape
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/8bz83k/fiberglass