Global Decoration Terrazzo Flooring Market Revenue, Key Factors Analysis and Trends Forecast by 2025

This study focuses on the production side and consumption side of Decoration Terrazzo Flooring, presents the global Decoration 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 Decoration 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 Decoration 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. In the last several years, global market of Terrazzo Flooring developed rapidly, with an average growth rate of 7.8% (2013-2023). In 2017, global revenue of Terrazzo Flooring is nearly 3.9B USD; the actual production is about 1.6 B Square Feet.

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The market is segmented on the basis of product which comprises of inorganic terrazzo, epoxy terrazzo. The epoxy type was the leading division covering more than the majority of volume share of 56% and accounted for 570 M square feet of volume in 2016.

The industry is segmented based on application, which comprises of educational institutes, commercial, government buildings, transport and others. The educational sector was the leading division with an estimated volume of 510 M square feet in 2016 and is expected to increase gradually by 2022. 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.

The Decoration Terrazzo Flooring market was valued at 2900 Million US$ in 2017 and is projected to reach 5290 Million US$ by 2025, at a CAGR of 7.8% 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 Decoration Terrazzo Flooring.

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

    Kingspan Group (Ireland)

    RPM (USA)

    H. B. Fuller Construction Products (USA)

    SHW (USA)

    UMGG (China)

    Doyle Dickerson Terrazzo (USA)

    HJJC (China)

    Guangxi Mishi (China)

    Terrazzco (USA)

    Lijie Technology (China)

    Terrazzo USA (USA)

    Beijing Lu Xing (China)

Market Segment by Product Type

    Inorganic Terrazzo

    Epoxy Terrazzo

Market Segment by Application

    Educational

    Commercial

    Healthcare and Pharmaceutical

    Others

Key Regions split in this report:

    North America

        United States

        Canada

        Mexico

    Asia-Pacific

        China

        India

        Japan

        South Korea

        Australia

        Indonesia

        Malaysia

        Philippines

        Thailand

        Vietnam

    Europe

        Germany

        France

        UK

        Italy

        Russia

    Central & South America

        Brazil

        Rest of Central & South America

    Middle East & Africa

The study objectives are:

    To analyze and research the global Decoration Terrazzo Flooring status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

    To present the key Decoration Terrazzo Flooring manufacturers, capacity, production, revenue, market share, and recent development.

    To split the breakdown data by regions, type, manufacturers and applications.

    To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

    To identify significant trends, drivers, influence factors in global and regions.

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Decoration Terrazzo Flooring are as follows:

    History Year: 2013-2018

    Base Year: 2017

    Estimated Year: 2018

    Forecast Year 2018 to 2025

    
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