Laminate Flooring Market Report 2020 Top Companies, Trends and Future Prospects Details for Business Development

According to the latest report by IMARC Group, titled “Laminate Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” finds that the global laminate flooring market size reached a volume of 975 Million Sq. Meters in 2019, registering a CAGR of 2% during 2012-2019. Laminate flooring refers to a durable and versatile flooring solution made of melamine resin and fiberboard materials. It is composed of four layers, namely wear layer, design layer, core layer and back layer, which are fused using intense heat and pressure. Nowadays, laminate flooring is available in a wide variety of colors and designs, which enhance its aesthetic appeal among users. As it resists staining, scratching, denting and fading, laminate flooring has gained preference as a flooring material over the years.
Request to get the sample report: https://www.imarcgroup.com/laminate-flooring-market/requestsample

Global Laminate Flooring Market Trends:

Laminate flooring offers ease of installation, reduces the requirement for skilled labor and is a relatively inexpensive option as compared to engineered wood, solid hardwood, and stone floor coverings. It can even replicate stone, tiles as well as wood patterns. Besides these advantages, the rising population and improving standards of living have led to a rise in the demand for modern housing, particularly in emerging nations, which has significantly contributed to the growth of the market. Apart from this, substantial investments in the real estate sector, mounting construction activities, and the escalating demand for wood-based flooring materials have proliferated the growth of the market globally. Moreover, manufacturers are introducing laminate flooring with advanced features, such as custom prints and designs, better wear layers, enhanced locking mechanisms, high-quality visuals and improved chemical resistance. On account of these factors, the market is projected to reach a volume of around 1,048 Million Sq. Meters by 2025.

Explore Report Description: https://www.imarcgroup.com/laminate-flooring-market

Key Insights from the Report:

 Market Breakup by Key Types:

 1. HDF Laminates


2. MDF Laminates

Based on the types, the market has been bifurcated into high density fiberboard (HDF) and medium density fiberboard (MDF) laminates. At present, the MDF laminate is the most popular product type.
On the basis of the sector, the commercial sector dominates the market, holding the largest market share, followed by the residential sector.

Market Breakup by Sector:

 1. Residential

2. Commercial

Region-wise, Asia Pacific accounts for the majority of the market share. Other major regions include North America, Europe, Middle East and Africa, and Latin America.

Competitive Landscape

The competitive landscape of the market has also been examined, with some of the key players being Mohawk Industries Inc., Tarkett S.A., Armstrong World Industries, Inc., Shaw Industries Group, Inc., Mannington Mills, Inc. and Beaulieu International Group.

 Contact Us

 30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal


場所: United States

コメント

コメントを投稿

このブログの人気の投稿

Telehealth Market Size, Industry Trends, Share, Growth and Report 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Telehealth Market Report by Component (Software, Hardware, Services), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End-User (Providers, Patients, Payers, and Others), and Region 2024-2032 “, The global telehealth market size reached US$ 19.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 97.3 Billion by 2032, exhibiting a growth rate (CAGR) of 19.7% during 2024-2032. Factors Affecting the Growth of the Telehealth Industry: Technological Advancements: The telehealth market is transformed by rapid innovations in digital health technologies. Mobile health applications are democratizing access to healthcare services, enabling patients to manage their health ...
続きを読む

Precast Concrete Market Size, Growth, Share, Trends And Forecast 2023-2028

イメージ
 The latest report by IMARC Group, titled “ Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The global precast concrete market size reached US$ 122.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 166.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.  Precast concrete is prepared, cast, and cured at an off-site location using a reusable mold, usually in a controlled factory environment. The precast concrete components are transported to the construction site after curing and assembled to create a complete structure. It is generally used to construct structural components, including wall panels, beams, columns, floors, pipes, staircases, tunnels, and girders. It is cost-effective, saves construction time, and offers more durability and dimensional accuracy than traditional concrete. In addition, its elements can be easily rearranged, making it easier ...
続きを読む

Dimer Acid Market Size, Share, Trends, Revenue, Outlook 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Dimer Acid Market Report by Product Type (Standard, Distilled, Distilled and Hydrogenated), Application (Alkyd Resins, Adhesives and Elastomers, Lubricants, Polyamide Resins, Fuel Oil Additives, and Others), and Region 2024-2032 “, The global dimer acid market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.35% during 2024-2032. Industry Trends and Drivers: Increasing Demand in Coatings and Adhesives: One of the main factors driving the growth of the dimer acid market is its expanding use in coatings and adhesives. Dimer acids serve as essential raw materials in the creation of polyamide resins, which are integral components in various coating and adhesive formulations. The demand for high-performance coatings is on the rise in industries such as automotive, construction, and electronic...
続きを読む