Reports and Data

Fiber Glass Flooring Market Professional Survey Report 2016: Market Trend, Growth, Analysis and Forecast

According to the latest market research analysis on the “The Global Fiber Glass Flooring Market was estimated at USD 421 Million in 2017 and expected to reach USD 987 Million by 2025.”, published by Reports and Data.

 

New York, NY -- (SBWIRE) -- 10/25/2018 -- It is also expected to register a CAGR of 6.8% till 2025. Significant rise in the construction industry; the market for Fiber Glass Flooring is witnessing a surge in its valuation across the world. Growing application in industrial, residential and commercial buildings will boost the growth of the industry in coming years.

Increase in per capita income and along with the properties of fiberglass like ease of installation; aesthetic looks are helping in the market expansion. Also adding to it the growth of construction sector which acts as a key driver for this industry. The major concern which may hinder the growth of this sector is the fluctuating price of raw material because the raw materials mainly used for manufacturing fiberglass are polyester resins, epoxy resins and they are derived from carbon compound and petroleum.

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Subject matter experts behind the study dive deep into the competitive landscape to assess the top performers across the world and unearth the strategies that have given them a competitive edge over others operating in the Fiber Glass Flooring industry.

Other vital aspects including the market share, size and growth rate for the forecast period, 2018 - 2015 also forms an important of the study and valuable resource for business owners, stakeholders, and marketing personnel planning to zero in on their business strategy.A lot has been discussed the revolutionary products as well as an innovative technology ready to completely disrupt the Fiber Glass Flooring industry over the coming years.

Key Coverage of the Report
- Region and country wise consumption statistics of fiberglass flooring from the period 2015-2025. 2015-2017 has been utilized as historic data and 2018-2025, has been derived as forecasts
- Estimation of production cost, production capacity, shipment data along with historic and forecasted consumption trend analysis
- Fiberglass Flooring cost competitive disadvantage with product peers
- Demand and Supply GAP Analysis
- Fiberglass Flooring Industry Wise Penetration Rate
- Fiberglass Flooring Future Application Scope
- Re-Use Rate and Scrapped Production Analysis
- Inter- Nation trade analysis
- Price Point Analysis

Companies considered and profiled in this market study
IVC Group (Mohawk Industries), Mannington Mills, Inc., Shaw Floors, NOX Corporation, Milliken, Armstrong World Industries, Gerflor, and Tarkett.

Market share:
The report discovers market's total sale that is generated by a particular firms over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Fiber Glass Flooring industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Fiber Glass Flooring market

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Market-O-Nomics
- Cost of raw materials during the period witnessed server volatility rate during the period 2016-2017 in spot prices across Asia
- Demand for fiberglass will likely show an increase on a 0.7 x vertical post 2019 every quarter
- Asia Pacific construction growth declined by 1.3% during period 2017-2017 mainly owing to China and Japan drop in the economic index. Short term demand from China will likely decrease by more than 4 % during the period 2019-2020, however will show a strong growth post 2021
- North America demand continues to show increasing growth and would likely exhibit a difference of 11% in market share in comparison to Europe during the forecasted period
- Raw Material Volatility would likely be at the peak during the period 2023-2025 therefore driving the operating cost for manufacturers
- The global fiber glass flooring demand was estimated 113, 682.45 thousand sq. meters in 2017
- Commercial segmented accounted for 49.6% in 2017 of the global fiber glass flooring market
- The Latin American market is estimated to register a CAGR of 9.2 % during the forecast period owing to the significant rise in the residential sector

Product Insights (Volume, Thousand Sq. Meters; Revenue, USD Million; 2016–2025)
- Luxury Vinyl Tiles
- Vinyl Composite Tiles
- Vinyl Sheets

Application size (Volume, Thousand Sq. Meters; Revenue, USD Million; 2016–2025)
- Residential
- Commercial
- Industrial

The research provides answers to the following key questions:
- What is the estimated size of the Fiber Glass Flooring Market for the forecast period, 2018 - 2025? What will be the growth rate of the industry during the estimated period?
- What are the prominent driving forces likely to impact the progress of the industry across different regions?
- Who are the major market players occupying a strong foothold in the Fiber Glass Flooring Market?
- What are the winning strategies adopted by them to stay ahead in the competition?
- What are the potential opportunities for the Fiber Glass Flooring Market for the forecast period, 2018 - 2025?
- What are the key trends expected to shape the development of the industry over the coming years?
- What are the key restraints and challenges likely to hinder the growth of the Fiber Glass Flooring Market worldwide?

Complete report is available now @ https://www.reportsanddata.com/report-detail/fiber-glass-flooring-market

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