Transparency Market Research Report Added "Flooring Market" to its database.
Albany, NY -- (SBWIRE) -- 01/13/2015 -- Flooring is a term for permanent covering of the floor or for the work of installing such a floor covering. Floor covering is used to describe any finish material applied over a floor structure to provide a walking surface. Materials generally classified as floor covering include area rugs, carpet and resilient flooring such as vinyl flooring or linoleum. Materials commonly called as flooring include ceramic tile, terrazzo, wood flooring and various seamless chemical floor coatings. The choice of material for floor covering is affected by factors such as endurance, cost, noise insulation, cleaning effort and comfort.
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There are many different types of commonly used flooring materials for different applications, including bamboo flooring, hardwood flooring, laminate flooring, hard flooring and seamless chemical flooring among others. Each flooring material has distinct characteristics and features. Bamboo flooring is a natural alternative to synthetic materials. Bamboo flooring provides superior resistance to insect damage and reduced moisture damage. In addition, a bamboo floor can be installed using an interlocking method that requires no glue or nails to affix it to the subfloor. Hardwood floors are chosen for their variance and beauty in color and pattern. The term hardwood flooring is often used interchangeably with the term wood flooring, but the two differ in softness and quality. The most common woods used for hardwood flooring include mahogany, cherry, maple and oak. Laminate flooring materials can mimic the look of wood. The advantages of using a laminate include easy installation and durability. Most laminate materials are installed with an interlocking pattern that does not require glue or nails to adhere it to a room's subfloor. Hard flooring is a family of flooring materials that includes ceramic tile, concrete/cement, natural stone products and glass tiles. Hard flooring materials are economical and extremely durable. Seamless chemical flooring includes polyester, latex urethane or epoxy compounds which are applied in liquid form to provide a completely seamless floor covering.
The flooring market is driven by a booming building and construction industry and implementation of home improvement and renovation projects. In addition, rapid economic development in emerging markets of Asia Pacific and Latin America is expected to increase the consumption of flooring materials in end user industries. Increasing construction activities in the emerging markets such as Brazil, Russia, India and China (BRIC) is expected to provide new opportunities in the market. However environmental regulations and volatile raw materials prices is expected to hamper the growth of this market.
Asia Pacific accounted for majority of the global demand in 2013, and is expected to continue dominate the market in the near future. China and India are expected to be the largest markets in Asia Pacific. Indonesia, Turkey, Iran, Saudi Arabia, Republic of Korea, Japan, Malaysia, and United Arab Emirates are other major consumers in Asia Pacific. The demand for flooring is also expected to rise in North America and Europe but is expected to be less robust than Asia Pacific.
Some of the key players of this market include American Biltrite Incorporated, Anderson Hardwood Floors, Armstrong World Industries Incorporated, Berkshire Hathaway Incorporated, Biltrite Corporation, Pfleiderer AG, RPM International Incorporated, Stonhard, Superior Manufacturing Group Incorporated, Tembec Incorporated, Uniboard Canada, VPI Corporation, Zickgraf Hardwood Flooring USA, Alloc, American Marazzi Tile, Beaulieu International Group NV, Berry Group, Burke Industries, Roppe Corporation, Shaw Industries Group, Stankiewicz International, Surface America, Tarkett SAS,TOLI Corporation, Unilin Group and Witex Flooring Products GmbH among others.
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This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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