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Fiberglass Flooring Market is growing with significant CAGR, Forecast to 2022

Pune, India, January 16, 2018/MRFR Press Release/- Market Research Future Published a Half Cooked Research โ€œGlobal Fiberglass Flooring Market Research Report - Forecast to 2022โ€ - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2022. Mohawk Industries (U.S.), NOX Corporation (South Korea), Gerflor Group (France), Armstrong Flooring, Inc. (U.S.), Mannington Mills, Inc. (U.S.), Shaw Industries Group, Inc.(U.S.), Tarkett(France), TOLI Floor Corporation (Japan ), Interface (U.S.) , Milliken & Company (U.S.) and Polyflor ltd (U.K) are some of the prominent players at the forefront of competition in the global Fiberglass Flooring market and are profiled in MRFR Analysis. Fiberglass Flooring Market โ€“ Market Overview Flooring is the covering of a floor permanently. The term also explains about the finished material that is applied over the floor structure so as to provide a walking surface. Different material are used for covering the floor. Fiberglass is used as a backing material in vinyl flooring products including luxury vinyl tiles, vinyl composite tiles, and vinyl sheets. Fiberglass exhibits superior properties including non-allergen and longer lifespan, making it a viable option, which is anticipated to increase its share tremendously over the forecast period. The market is driven by various factors such as growing construction industry, introduction of new trends and technological advancements. The flooring market has various constraints that hinder the market such as growing environmental concern.The end users of the flooring market are continuously deviating from traditional flooring solutions to the use of cost effective and eco-friendly flooring materials such as cork, linoleum, bamboo, glass, Polyester Berber, rubber and reclaimed hardwood. The consumers have started accepting the maintenance free vitrified tiles which are stain resistant and carry the same look for years. The demand for green tiles and tiles with wooden aesthetics in gaining more and more traction. The introduction of the anti-bacterial tiles is also leading to the growth of the market. The combination of classic shapes such as hexagon, stripes and honeycomb with bold patterns are also in trend for the global flooring market.The growing application in industrial, residential and commercial buildings owing to the longer lifespan of floors coupled with better aesthetics will drive growth over the upcoming years. Moreover, the rising demand for residential buildings in light of population growth, increasing income levels, and favourable government initiatives will aid in the industry development.Accrediting the colossal growth the Fiberglass Flooring market is witnessing currently and the potential the market is demonstrating to accrue pervasively further in the years to come; the Market Research Future has recently published a meticulous study report giving out the complete market insight up till 2023. According to which, continuing with the same trends the global Fiberglass Flooring market is projected to perceive an outstanding growth by 2023 registering a striking CAGR during the anticipated period (2017 โ€“ 2023). Access Complete Report @ https://www.marketresearchfuture.com/reports/industrial-adhesive-market-1927 Fiberglass Flooring Market โ€“ Competitive Analysis Fiberglass Flooring Market appears to be highly fragmented and competitive owning to the presence of numerous large and small players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. Driving Factor:Growing Construction IndustryAvailability of innovative construction solutions that are durable and require low maintenance is expected to impact the market favourably. The increase in the new construction start-ups in the recent years is leading to the increase in demand for the overall flooring market. The increase in the private non-residential spending and the public non-residential spending is also expected to contribute to the growth of the flooring market. For instance, according to a report published by dodge data and analytics, the overall spending in the public non-residential construction industry.Fiberglass Flooring Market โ€“ SegmentsFor the convenience of the report and enhanced understanding; The Fiberglass Flooring Market is segmented in to 4key dynamicsSegmentation By Application - Residential, Commercial, IndustrialSegmentation by Regions- Comprises regions - North America, Europe, APAC and Rest of the World.Fiberglass Flooring Market โ€“

Regional Analysis

The global fiberglass flooring market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The Asia-Pacific region has tremendously progressed in flooring market in recent years, which primarily includes emerging economies such as India and China. The main driving factors in the Asia-Pacific region include growth in spending capacity, rising urbanized population, and increase in industrialization. China is one of the leading markets in the Asia-Pacific region. The Government issued several favourable policies such as lowering the proportion of down payment for second house loans and the exemption of sales tax for ordinary housing, which helped the recovery of commercial housing market and therefore raised the demand for flooring marketAbout Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.Contact:Market Research FutureOffice No. 524/528, Amanora ChambersMagarpatta Road, HadapsarPune - 411028Maharashtra, India+1 646 845 9312Email: sales@marketresearchfuture.com

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