U.S. construction flooring chemicals
market by product, 2014 - 2025 (Kilo tons)
|
The global Construction Flooring Chemicals Market is projected
to reach approximately USD 6.15 billion by 2025, growing at a CAGR of 4.7%
during forecast period, according to a new report published by Grand View
Research, Inc. Increasing growth of millennials and nuclear families as well as
rise in disposable income towards capability in purchasing of residential
apartments in emerging markets is expected to promote the usage of flooring
chemicals. Also, the growth of manufacturing facilities in developing nations
is projected to increase the application of construction flooring chemicals
over the forecast period.
Flooring chemicals demand in the commercial sector is expected to grow
at a CAGR of 3.8% in terms of volume from 2016 to 2025. The lucrative
manufacturing outlook in developing nations including China and India on
account of easy availability of chemical feedstock and cheap labor is expected
to result in establishment of new commercial spaces. Abovementioned favorable
trend toward the formation of new strategic business units (SBUs) is expected
to increase the application of flooring and thus in turn will have a positive
impact on market.
Full Research Report On Construction Flooring
Chemicals Market Analysis:
http://www.grandviewresearch.com/industry-analysis/construction-flooring-chemicals-market
http://www.grandviewresearch.com/industry-analysis/construction-flooring-chemicals-market
Further key findings from the report suggest:
·
Demand for construction flooring chemicals
in North America will surge in accordance with growth in renovation and
occupancy of building in prime locations such as San Francisco and New York.
construction flooring chemicals market is expected to witness a CAGR of 2.3% in
terms of revenue. Mature market such as U.S. have expanding client request,
greater interest in terms of renovations, as well as implementation of designs.
·
MEA construction flooring chemicals market
is expected to witness revenue growth at a CAGR of 4.9% from 2017 to 2025. This
growth in attributed to the increasing penetration of corporate offices, retail
outlets as well as luxury hotels in UAE and Saudi Arabia.
·
Epoxy resins is set to witness a CAGR of
4.5% from 2017 to 2025 in terms of revenue in MEA region, on account of its
application in construction of luxury residences, hotels, resorts and urban
corporate offices.
·
Key vendors include BASF, SABIC, DOW
chemicals,Sinopec., ExxonMobil, DuPont, Ineos,LyondellBasell Industries,
Mitsubishi Chemical Corporation, LG Chem, AkzoNobel, Mitsui Chemicals, Forbo
Holding, Toray Industries., PPG Industries, Tremco Inc, RPM International Inc,
Stonhard Inc, Huntsman Corp and Borealis.AG
·
In June 2016, Dow Chemical Company
completed the strategic ownership of Dow Corning and its silicone business. The
ownership is likely to improve new chemistry and enhance existing technology to
Dow as well as extending its participation in Consumer, Infrastructure,
transportation, packaging and electronics. Dow Corning will operate as a wholly
owned subsidiary of Dow, and will be headquartered with Dow in Midland,
Michigan.
View More Reports
Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the construction flooring chemicals
market on the basis of product and application:
Product Outlook (Volume, Kilo
Tons; Revenue, USD Million; 2014 - 2025)
·
Epoxy
·
Vinyl
·
Polyurethanes
·
Poly Methyl Methacrylate (PMMA)
·
Others
Application Outlook (Volume,
Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
Residential
·
Commercial
Regional Outlook (Volume,
Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
North America
o U.S.
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o India
·
Central & South America
o Brazil
·
Middle East & Africa (MEA)
o Saudi Arabia
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-construction-flooring-chemicals-market
https://www.grandviewresearch.com/press-release/global-construction-flooring-chemicals-market
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/