Global (United States, European Union and China) Decoration Terrazzo Flooring Market Research Report 2019-2025
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.
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.
In 2019, the market size of Decoration Terrazzo Flooring is 2900 million US$ and it will reach 5290 million US$ in 2025, growing at a CAGR of 7.8% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Decoration Terrazzo Flooring.
This report studies the global market size of Decoration Terrazzo Flooring, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Decoration Terrazzo Flooring production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Decoration Terrazzo Flooring status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Decoration Terrazzo Flooring manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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.
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.
In 2019, the market size of Decoration Terrazzo Flooring is 2900 million US$ and it will reach 5290 million US$ in 2025, growing at a CAGR of 7.8% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Decoration Terrazzo Flooring.
This report studies the global market size of Decoration Terrazzo Flooring, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Decoration Terrazzo Flooring production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Decoration Terrazzo Flooring status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Decoration Terrazzo Flooring manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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