Los Angeles, CA -- (SBWIRE) -- 10/09/2018 -- This study focuses on the production side and consumption side of Terrazzo Flooring, presents the global Terrazzo Flooring market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Terrazzo Flooring capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Terrazzo Flooring by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Terrazzo originated in Italy, where marble-workers would take the crumbs of their work home, mix them with cement and create faux-stone floors for their terraces. Since then, terrazzo floors have grown into an art form all their own with a wide range of styles and possibilities. Classic terrazzo is a mixture of marble fragments, called the aggregate, and a cementations binding agent, called the matrix. It is resilient and can be used inside and outside and it can be cast in place or laid in manufactured tiles.

Today terrazzo serves as a green building material used in universities, hospitals, airports, office lobbies and other commercial and residential properties.

Key factors driving growth in educational segment includes custom-made designs coupled with extended product lifespan features offered by terrazzo which is growing its preference for institutions, schools, universities, auditoriums. An increasing number of universities, institutions & schools are anticipated to contribute significantly towards overall industry demand in the application segment.

Key manufacturers are Kingspan Group, RPM, H. B. Fuller Construction Products, SHW, UMGG, Doyle Dickerson Terrazzo, HJJC, Guangxi Mishi, Terrazzco, Lijie Technology, Terrazzo USA, Beijing Lu Xingand etc. The product is considered to be inexpensive in nature on account of extremely low maintenance charges. However, the installation cost is higher as compared to other alternatives including coating, tiles, and polished concrete surfaces. Therefore, the presence of low-cost options, including ceramic tiles, is expected to impact overall industry growth negatively in the near future.

The Terrazzo Flooring market was valued at 2820 Million US$ in 2017 and is projected to reach 4800 Million US$ by 2025, at a CAGR of 6.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Terrazzo Flooring.

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This report includes the following manufacturers; we can also add the other companies as you want.

Kingspan Group

RPM

H. B. Fuller Construction Products

SHW

UMGG

Doyle Dickerson Terrazzo

HJJC

Guangxi Mishi

Terrazzco

Lijie Technology

Terrazzo USA

Beijing Lu Xing

Market Segment by Product Type

Inorganic Terrazzo

Epoxy Terrazzo

Market Segment by Application

Educational

Commercial

Healthcare and Pharmaceutical

Others

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