Advanced Materials Market Research Global Flooring Market Research Report | Página 2
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The market is split by products, applications, and regions. Seamless flooring, soft coverings,
resilient, and non-resilient floorings are products of the flooring market. Soft coverings
comprising of rugs and carpets are also called as textile coverings. This segment had
occupied almost half the market, dominating the market with over 35% demand shares in
2015.
Resilient flooring encompasses a mixture of fillers and binders. They are waterproof
coverings available in vinyl, wood, rubber, cork, and linoleum. Non-resilient flooring is
available in terrazzo stone, ceramic tile, brick, clay tile, and concrete tile. These floorings
are low maintenance in nature and require only mopping and dusting.
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.
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