Chemicals and Materials Carpets & Rugs Market new | Page 2

The market for carpets & rugs made from polypropylene is projected to grow at the
highest rate during the forecast period
Raw materials such as nylon, polypropylene, and polyester are used for manufacturing
carpets & rugs. The high demand can be attributed to this type of fiber's ability to produce
versatile designs and patterns, resilience, stain & abrasion resistance, and ability to
withstand heavy foot traffic. The polypropylene fiber has relatively lower priced than the
other materials used in manufacturing carpets & rugs with resistance to water-based
stains, bleaches, and sunlight fading. Also, it can be easily extruded by most manufacturers.
North America is projected to account for the largest share in the Carpets & Rugs
Market in 2016
On the basis of key regions, the Carpets & Rugs Market is segmented into North
America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The North
American market accounted for the largest share among all the regions in 2016, in terms of
value. However, the growth in the region is projected to trail behind the global average. The
U.S. accounted for the largest market share in the North American region in 2016, followed
by Canada. The U.S. is also projected to register the highest growth during the forecast
period due to the upsurge of housing activities in the country. The North American market
has been a leader with respect to product innovation, in terms of quality and application
development. The U.S. and Canada are the most developed countries in North America,
followed by Mexico.
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The global carpets & rugs market is dominated by players such as Mohawk Industries, Inc.
(U.S.), Shaw Industries Group (U.S.), Lowe’s Companies, Inc. (U.S.), Taekett S.A. (France),
Home Depot, Inc. (U.S.), Interface, Inc. (U.S.), Dixie Group, Inc. (U.S.), Orientals Weavers
Company for Carpets (Egypt), Tai Ping Carpets International Limited (China), and Victoria
PLC (U.K.). These players adopted various strategies such as acquisitions and expansions to
cater to the needs of this market.