Global Fiberglass Flooring Market is Expected to Show a Significant Growth During the Forecast

Pune, India, May 23, 2017 /MRFR Press Release/- Market Research Future published a half cooked research report on Fiberglass flooring. The global market for fiberglass flooring is majorly driven by factors such as comfortable and durable in nature and others.

Market Highlights

The global market of fiberglass flooring is growing rapidly. Easy availability and potential to withstand longer period of time are some of the factors driving the market of fiberglass flooring. Moreover, fiberglass flooring is resistant to stain and scratch and is also considered one of the flooring types that can be installed with releasable glue or even without glue in some cases. Moreover, rising government spending towards improving education infrastructure through implementation of new schemes such as Padhe Bharat Badhe Bharat, is expected to have a strong impact on the market. Fiberglass flooring production, is consequently high in Asia-Pacific, with China, and India are expected to be the most promising markets.

The main driving forces of the Asia-Pacific fiberglass flooring market include improved standard of living in developing economies with hygiene requirements and growth in spending capacity.

Taste the market data and market information presented through more than 20 market data tables and 15 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Fiberglass Flooring Report -Forecast to 2023”.

The prominent players in the fiberglass flooring includes The major player operating in the market of global fiberglass flooring are Mohawk Industries (U.S.) Convenience , 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) Convenience   

Fiberglass Flooring Market, 2016-2023 (USD Million)

Market Research Future Analysis:

Easy maintenance and  lower noise levels than wood flooring are other factors that boost the market whereas, disposal of waste, environment & health related issues and fluctuating prices of raw materials are some of the restraints of the market of the Fiberglass flooring.

Currently, Asia-Pacific is leading the market of Fiberglass flooring. Moreover, favorable government initiatives to reduce greenhouse gas emissions and promote energy efficiency, rise in the number of building construction activities and commercialization in emerging economies such as China and India have been the primary growth factors for the flooring market here. Furthermore, the demand for flooring is the highest in the region due to infrastructural development in commercial, industrial, and residential sectors. The growing demand for flooring for installing in commercial complexes, is further expected to the fuel the growth of the fiberglass flooring market in the future.

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