Advanced Materials Industry Flooring Market Analysis and Trends, 2024 | Page 2

Your Catalyst To a Lucrative Business
Applications of the market involve commercial, industrial, and residential. Residential accounted for 50%
market demand. This made it the largest application of the flooring market in 2015. This major share can be
attributed to renovation and construction projects. Industrial applications encompass aviation hangars,
automotive industry, refineries, and manufacturing plants. Education, sports, retail, healthcare, hospitality &
leisure, and corporations constitute as commercial market applications.
Regions covered under the market are Europe, North America, Asia Pacific, and RoW (Rest of the World). Asia
Pacific will lead the flooring market over the next six years owing to residential and non-residential construction
projects. It accumulated over 45% market demand in 2015. Europe will enjoy a stable demand on account of
providing innovative flooring solutions.
Reputed participants involved in the flooring market include Shaw Floors, Mannington Mills Inc., Gerflor,
Armstrong, and Mohawk. The market is highly competitive in nature and driven by technological innovation.
Browse Related Category Reports @ https://www.hexaresearch.com/research-category/green-building-
materials-industry
Follow Us: