Fiberglass Flooring Market Size, Share, Top Key Players, Growth and TrendsPosted by Ajitchary on March 12th, 2021 The global fiberglass flooring market is expected to be valued at USD 1.17 Billion in 2027 from USD 698.9 Millionin 2019, registering a CAGR of 7.1% through the forecast period. Fiberglass is a fiber-reinforced plastic material made with glass fiber combined with glass fiber, which is usually woven into a fabric or flattened into a sheet. Fiberglass flooring has gained rapid traction worldwide due to fiberglass’s superior properties, such as non-conductive and waterproof nature, comfortable cushioning, electromagnetic radiation, high durability, cost-effectiveness, and environmental sustainability. Fiberglass is highly customizable and is often widely used as an assistance material in a wide range of flooring products. As a lightweight material, fiberglass is used in vinyl flooring products, such as luxury vinyl tiles and vinyl sheets. Hence, this type of flooring is easy to install and is most suitable for residential and commercial construction applications. Besides, it has a high aesthetic value and requires low maintenance. Revenue from the global fiberglass flooring market is predicted to register a considerably high growth rate over the forecast timeframe. Various crucial factors, such as rapid industrialization, fast-paced urbanization (especially in the emerging economies), a boom in construction activities worldwide, and the rising government focus on public infrastructural development. The rising demand for luxury vinyl tiles and sheets for the flooring of elite commercial buildings, such as corporate structures, is a significant factor propelling the market growth. Moreover, technological enhancements in floor coverings and the growing use of fiberglass flooring as a brilliant alternative to wooden flooring are the other crucial factors bolstering the market growth. Furthermore, the rising demand for aesthetic home interior designs, augmenting purchasing power of consumers, and the surging usage in commercial buildings, such as educational institutes, hotels & restaurants, shopping malls, and hospitals, further fuel the global market growth. However, the volatility of flooring materials’ prices is a critical factor expected to impede the global fiberglass flooring market growth in the near future. Key findings of the report:
For the purpose of this report, the global fiberglass flooring market has been segmented based on product type, application, distribution channel, and region: Product Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Table Of Content - 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2027 Chapter 3. Indicative Metrics Chapter 4. Market Segmentation & Impact Analysis Continued………. To know more about the report, visit @ https://www.reportsanddata.com/report-detail/fiberglass-flooring-market Thank you for reading our report. For further inquiries or queries about customization, please get in touch with us. Our team will ensure the report you get is best suited to your needs. About Us: Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Contact Us: John W Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Like it? Share it!More by this author |