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Gypsum board is used for ceilings. Market Research Future (MRFR) has published and released a research report on the global gypsum board market that predicts growth for this market during the forecast period that would end in 2021.
ALSO READ: https://www.ktvn.com/story/41021351/drywall-and-gypsum-board-market-2019-size-share-comprehensive-analysis-opportunity-assessment-future-estimations-and-key-industry-segments-poised-for Observing the market structure, this report measures the future growth potential of the market. It gauges the strategies of the key players in the market and aids the competitive developments like new product developments, joint ventures, mergers & acquisitions, research and developments (R&D) in the market. The major factor driving the global gypsum board market growth is increasing the use of technology in the construction sector. The second factor contributing to the market growth include growing demand for gypsum board among the manufacturers as well as contractors. Other factors contributing to the market growth include infrastructure development in the emerging economies, growing residential sector, rapid urbanization, and several benefits of gypsum board. The global gypsum board market can be segmented into application, product, type, and lastly, region. The application-based segmentation segments this market into commercial, industrial, residential, and others. Based on product, the market has been segmented into gypsum wallboard and gypsum ceiling board. By type, the market has been segmented into regular gypsum board and Type X gypsum board. The regional segmentation of the global gypsum board market segments the market into regional markets known as Europe, North America, Asia Pacific, and rest of the world (RoW). The Asia Pacific region the biggest regional market because due to the growing population and increasing industrialization, the demand for the construction of both residential areas as well as commercial establishments is increasing. In terms of population, China and India can be the most important country-specific markets. Japan is another powerful economy that is a technologically advanced country. North America is the second largest regional market because of the established real estate sector here and the presence of important market players in this region. Technological advancement in the construction sector is also supporting market growth in this region. The powerful economies in this region that can contribute maximum revenue to the market are the United States of America (USA) and Canada. In Europe, the market is growing primarily due to the same reasons as North America. In this region, the important economies that have the potential to emerge as powerful country-specific markets are France, Germany, and the United Kingdom (UK). In the RoW segment, the countries of the Middle East can be a potential market because in countries like United Arab Emirates (UAE), the purchasing power of people is high and real estate is a big business there. Therefore, some key market players are also based in the UAE. However, the Middle East is not as big market as North America because, in terms of technology, it is not as advanced as North America is. Key Players The key players in the global gypsum board market include American Gypsum (USA), CertainTeed (USA), Etex Group (Belgium), Georgia-Pacific (USA), Gulf Gypsum (UAE), Knauf Dubai (UAE), Lafarge (France), National Gypsum (USA), Pabco Gypsum (USA), and Taishan Gypsum (China). Latest Industry News
https://www.marketresearchfuture.com/reports/gypsum-board-market-1374
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The Global GRP Pipes Market, according to a report by Market Research Future (MRFR), is slated to grow up to a substantial valuation of USD 8.66 Billion by 2025 at a CAGR of 5.16% over the review period.
ALSO READ: https://www.marketwatch.com/press-release/grp-pipes-market-size-share-growth-analysis-industry-trends-key-players-manufacturers-sales-forecast-period-2020-202-2020-08-11?mod=mw_quote_news Drivers and Restraints There are notable factors driving the growth of the global GRP pipes market, such as the expansion of the oil & gas industry, and the addition of the chemical industry in developing nations. Moreover, the increasing global demand for warranting water supply to sustainable agricultural land, and the rapid urbanization driving the demand and applications from the utility sector. On the other hand, the Repair and maintenance of GRP pipes require a skilled workforce, while the brittleness in the materials of the pipes is likely to cause structural damage. These factors may hinder the growth of the market over the review period. Segmental Analysis The global GRP pipes market has been bifurcated on the basis of resin and end-use. On the basis of the Resin, the market has been segmented into epoxy, polyester, and vinyl ester. Epoxy is the largest market within this segment. Polyester GRP pipes are mediocre to epoxy GRP pipes in all aspects except cost. Vinyl esters GRP pipes are qualitatively similar to both polyester and epoxy GRP pipes. On the basis of end-use, the GRP pipes market has been segmented into oil and gas, chemicals, wastewater treatment and water supply, and irrigation.The oil and gas sector is the largest market within this segment, and GRP pipes are used widely in the transportation of oil & gas over vast distances. They are also employed within refineries. The growth of the petroleum industry, coupled with the increasing demand for petroleum and gas is driving this market segment. Due to the superior corrosion resistant properties of GRP pipes, they are used within the chemical sector for chemical manufacturing plants as well as for the transportation of chemicals and chemical waste products. This market is expanding owing to the growth of chemical industries in developing nations. GRP pipes are durable, cheap, and easily replaceable, making them idyllic for wastewater treatment and water supply. Urbanization, coupled with the subsequent growth of utilities, is fueling this market segment. Regional Analysis By Region, the market has been segmented into Europe, Asia Pacific, and North America, along with the rest of the world. The North American GRP pipes market is primarily driven by the petroleum industry and the chemical industry. The demand for GRP pipes in Europe comes from its oil and gas industry and its utility sector. Asia Pacific is the primary regional market for GRP pipes owing to the fast-developing economies of this region as well as the developing utility sector and the need to irrigate agricultural land with no natural water source nearby. The GRP pipes market in the rest of the world region is growing in the Middle East and Africa and Latin America. It is driven by the massive oil & gas industry in the Middle East & Africa, the developing utility sector in a speedily urbanizing Africa, and the agricultural sector in South America. Competitive Analysis The major market players identified by MRFR in the GRP pipes market are Saudi Arabian Amiantit Co. (Saudi Arabia), Hengrun Group Co., Ltd. (China), Future Pipe Industries (UAE), National Oilwell Varco (US), Columbus McKinnon Corporation (US), FLOWTITE Technology AS. (Norway), Sarplast SA (Switzerland), Amiblu Holding GmbH (Austria), Weihua Group (China),FIBREX - Fiberglass Pipe Manufacturer, FRP Pipes, GRP Pipes (US), Beetle Plastics (US), Enduro (US), and Smit Group, LLC (US). The market players operating in the global insurance market are expected to increase the investments towards research and development activities and expand the competitive dynamics of the global automotive insurance market with business strategies such as mergers, acquisitions, joint ventures, and partnerships, among others. These are expected to create growth opportunities in the market over the review period. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/grp-pipes-market-8262 Pollution levels are high across the globe and there are several factors contributing to it. Air pollution due to rising traffic problems has prompted the overwhelming support for the development of efficient automotive vehicles with minimum environmental impact. Vehicle pollution results in high emissions of nitrogen oxide, carbon monoxide, and other pollutants. Green tires are one such solution. Market Research Future has analyzed the global green tires market in its new report for the forecast period from 2017 to 2023. The market for green tires is anticipated to witness considerable expansion over the forecast period.
ALSO READ: https://www.globenewswire.com/news-release/2019/07/17/1883975/0/en/Green-Tire-Market-Worth-USD-152-40-Billion-by-Forecast-2023-Green-Tires-Industry-Europe-Acquiring-the-Top-Position.html Inefficient use of fuel in a vehicle can lead to greater emissions and leave a higher negative impact on the environment. The reduced use of proper public transport systems due to the lack of the same combined with the use of old diesel vehicles has further increased the air pollution level in developing countries, thus contributing to a global problem. As a result, the demand for green vehicle components has grown considerably. Green tires are a great option as they reduce the rolling resistance between the tire and surface of the road. Companies have developed green tires which are highly safe and help in reducing emissions by being more fuel efficient. Traditional tires are made from rubber, green tires are made from a number of raw materials including silane incorporated rubber, recycled rubber, and renewable raw materials to name a few. The growing global consciousness for the environment among consumers and governments of various countries has prompted a huge and supportive demand for green tires, thus driving the growth of the market. Increasingly stringent regulations regarding emissions in developed economies are driving the adoption of green tires. Moreover, the growth of emerging economies has driven the demand for green tires in new and growing automotive vehicle sales. Ongoing development of green tires using suitable materials has not yet resulted in the best solution. The uncertainty surrounding materials used is both a challenge and opportunity as it is driving R&D activities for the development of the same. Moreover, the lack of awareness regarding green tires in emerging countries will likely slow market growth over the review period. Market Segmentation Segmental analysis of the global green tires market has been performed on the basis of raw material, application, vehicle type, and region. Raw materials used in green tires have been segmented into silica incorporated rubber, silane incorporated rubber, butyl rubber silica, recycled rubber, renewable raw materials, and others. By vehicle type, the market has been segmented into heavy-duty vehicles, light-duty vehicles, motorcycles, aircraft, non-road diesel equipment, and others. Applications of green tires have been divided to include on-road and off-road. Regional Analysis Key regions in the report encompass the global market by dividing into Europe, Latin America, the Middle East & Africa, North America, and the Asia Pacific. Europe captured the largest share of the market and is expected to remain the most significant region in the global green tires market over the forecast period. The region has many stringent regulations regarding vehicle emissions and awareness regarding the benefits of green tires is also high in the region. The presence of globally renowned automotive manufacturers and the presence of a solid automotive sector in the region is expected to drive the market. North America is another region with stringent regulations which have placed the regional market in a leading position behind Europe. The Asia Pacific is a rapidly growing market which is likely to grow during the assessment period due to the high pollution levels and massive automotive sales in the region. Key Players Various market players that have been included in MRFR's competitive analysis of the global green tires market are MRF (India), Michelin (France), Giti Tire Pte Ltd (Singapore), Lanxess (Germany), Evonik Industries AG (Germany), Hankook Tire (South Korea), PPG Industries, Inc. (US), Pirelli Tire North America LLC (US), Bridgestone Americas Tire Operations, LLC (US), Sailun Tires (Canada), Nexen Tire America Inc. (US), Apollo Tyres (India), Green Arc Tire Manufacturing Inc. (Canada), and Goodyear Tire & Rubber Company (US). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/green-tires-market-6340 The global green building market is eyeing for a momentous growth at 10.12% CAGR over the predicted years (2018-2023). Green buildings are constructed with a specific purpose in mind, that is protecting occupant’s health, reducing pollutants and enhancing efficiency in the utilization of water, energy and other resources. The materials used in making green building helps in addressing numerous environment challenges such as loss of biodiversity, contamination of water resources, atmospheric pollution, natural resource depletion and anomalous climate change. Some of the common materials utilized in the construction of such buildings include recycled plastic, grasscrete, timbercrete, rammed earth, wood, mycelium, straw bales, hempcrete and bamboo. Energy efficiency, durability and eco-friendly nature are the key characteristics that make green building materials ideal for usage in designing both non-residential and residential buildings. Green buildings are an ideal solution for countering global warming as well as its effects.
ALSO READ: http://www.digitaljournal.com/pr/4450923 There are plentiful factors that is boosting the growth of the green building market. These factors as per the Market Research Future (MRFR) report include focus on superior quality products, rising need for renewable resources, consumers changing lifestyle, technological innovation, increasing funds for the development and commercialization of refueling infrastructure, and benefits over conventional technologies such as consumes less energy, reduces waste, conserves water and reduces emissions. The additional factors that are propelling the market growth include increasing awareness about the perks of living in green buildings namely lower operating costs and lower maintenance, supportive regulations associated to the utilization of green materials in construction, growing construction industry especially in developing economies and raw materials available in abundance. On the contrary, limited awareness regarding the utilization and advantages of eco-friendly materials used in construction in underdeveloped and remote regions and high production cost related to manufacturing packaging materials that are green may hamper the growth of the green building market over the predicted years. Market Segmentation MRFR report provides an extensive segmental analysis of the green building market on the basis of product and application. Based on product, it is segmented into exterior and interior products. Exterior products are further segmented into building systems, solar products, HVAC systems, smart lighting and others. Interior products are further segmented into flooring and roofing. Of these, exterior products will have the maximum share in the market over the predicted years. Based on application, the green building market is segmented into non-residential and residential. Of these, residential application will dominate the market over the predicted years. Regional Analysis By region, the green building market covers growth opportunities and latest trends across Rest of the World, Europe, Asia Pacific and North America. Of these, North America will have mammoth share in the market over the predicted years. The US and Canada are the key contributors here. Factors such as building codes and favorable policies promoting the use of green buildings, increasing renovation activities and infrastructure development are propelling market growth in this region. The green building market in the European region will have the second major share owing to awareness about the environment and technological advancements. Besides, strict government regulations are giving the market the required tailwind. The green building market in the APAC region too is not far behind. With initiatives taken by the government to invest in energy-efficient buildings is adding to the market growth in this region. Key Players Leading players profiled in the green building market include Green Building Store (U.K.), Weinerberger AG (Austria), E. I. du Pont de Nemours and Company (U.S.), SGS (Switzerland), Saint Gobain S.A. (Germany), Green Build Products (I) Pvt Ltd (India), Kingspan Group plc (Ireland), Ginkgo Sustainability (Canada), Bauder Limited (U.K.), NATiVE (U.S.), and others. May 2019- The Williams Parkway Operations Centre has attained LEED Gold certification from the Green Building Council in Canada. This is an administrative building having public and staff parking, green space, event terrace and a garden. WPOC has a couple of environmentally friendly features. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/green-building-market-4982 The gold cart market 2020 is poised to witness the upliftment of the financial status. These are low-speed vehicles that have been designed to transport people and equipment in a golf course. Over time, the application of the cart has increased and penetrated across many industry domains. It has been one of the primary drivers of the golf cart market and is expected to remain influencing the market positively. Market Research Future MRFR, in its latest analysis, suggests that the global golf cart market is presumed to register 6.9% CAGR during the assessment period 2018 to 2023. It also indicates that the market value will touch a decent amount by the end of 2023.
ALSO READ: https://www.benzinga.com/pressreleases/20/01/ab15226913/america-golf-cart-market-2020-latest-trend-size-trending-shares-upcoming-advancement-growth-statu The golf cart market is obviously gaining popularity in gold courses. Also, the rising popularity of the game is also anticipated to drive market growth in the upcoming years. However, expansion of the product range has been witnessed in recent years. At present, three types of golf carts are available, small, medium, and large. It has had a positive impact on the growth curve of the market. Also, it is assessed that the availability of a wide range of products is like to continue acceleration of revenue generation over the next few years in the golf cart market on the global front. The development of product portfolio is not only restricted to its size but also the engine. The ongoing trend of electric cars in the automotive industry has also influenced the market. The introduction if electric golf carts is a step taken forward by the market players in bringing innovation. It is assumed to have a favorable impact on the revenue creation of the golf cart market during the forecast period. Apart from the traditional use in golf courses, the cart is being extensively used in high profile resorts and hotels for facilitating mobility. These commercial spaces are spread over huge areas which make the use of these low-speed vehicles imperative. Thus, the golf cart market is expected to capitalize on the rising investments in the hospitality industry. In addition, it is also used in airports and railways. Increasing air traffic, in conjunction with the rising construction projects of airports, is projected to catalyze the proliferation of the golf cart market on the global front in the foreseeable future. Market Segmentation On the basis of propulsion type, the golf cart market has been segmented into gasoline and electric. Based on seating capacity, the golf cart market has been segmented into large (more than 10 seater), medium (6-10 seater), and small (2-4 seater). The segments of the golf cart market identified in this report on the basis of application are - hotels & resorts, golf courses, airports, railways, multi-residential complexes, and others. Regional Analysis The study of the global golf cart market on the basis of region spans across - North America, Asia-Pacific (APAC), Europe, and the Rest of the World (RoW). These regions, for the purpose of offering an in-depth study, are studies on the basis of countries. North America is a major revenue generating regional market owing to the rising demand for short distance mobility solutions. Also, the rising popularity of golf sport is expected to bear positive impact on the growth of the electric golf cart market. Competitive Dashboard Yamaha Golf-Car Company (US), Garia A/S (Denmark), STAR EV (US), Speedways Electric (India), Bradshaw Electric Vehicles (UK), Marshell Green Power (China), E-Z-GO (US), Spoleman OÜ (Estonia), Guangdong Lvtong New Energy Electric Vehicle Technology Co., LTD. (China), Polaris Industries, Inc. (US), and Autopower (India). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/golf-cart-market-7595 Rapid growth noted in the residential and non-residential projects that are residing in Asia Pacific and the MEA regions is anticipated to contribute heavily to the growth of the global glue laminated timber market over the forecast period. The visual appeal of the product, high level of strength, and durability are expected to have a positive impact on the snowballing of the global glue laminated timber market.
ALSO READ: https://www.marketwatch.com/press-release/builder-hardware-market-2020-global-covid-19-impact-analysis-swot-analysis-trend-advancement-key-regions-challenges-opportunities-market-entry-strategies-manufacturers-analysis-by-forecast-2024-2020-07-09 Market Research Future (MRFR) has suggested in their latest report that the global glue laminated timber market is anticipated to showcase a CAGR of 5.5% over the forecast period. Waterproof adhesives that are used in the manufacturing of glue laminated timber are known to extend its usage in other exposed applications such as utility poles, bridges, and docks. The strength of the product, durability, and design flexibility are expected to supplement the growth of the global glue laminated timber market over the forthcoming years. Market Segmentation The global glue laminated timber market is studied for various segments that are based on application and region. Based on application, the global glue laminated timber market is segmented into commercial, residential, and others. The residential segment is observed to account for the largest market share at the beginning of the forecast period. This segment is also anticipated to exhibit the highest CAGR during the forecast period. such fast paced growth can be attributed to the increasing and renovation activities coupled with the growth in spending on interior designing solutions. This, is also expected to augment the growth of the global glue laminated timber market in the forthcoming years. Investments noted in the developing and affordable housing solutions are also anticipated to boost the market growth in the coming years. Alternatively, the commercial segment is expected to occupy the second-largest share of the global glue laminated timber market during the forecast period. Extensive usage of glulams in office buildings, bridges, hotels, gymnasium, public and government buildings, airports, hospitals, and recreational facilities is anticipated to increase the product demand. Some factors are responsible for high demand for glulam are its economical cost, strength, stiffness as compared to other lumbar products. Use of moisture resistant adhesives during the production of glue laminated timber makes it a preferred choice in curved members, beams, and architecture which require structural sturdiness. Detailed Regional Analysis The glue laminated timber market is segmented into the regions of North America, Europe, Asia Pacific, and Rest of the World. The demand for glulam in Asia Pacific is expected to proliferate at a high pace during the forecast period. This growth is observed to take place on account of the introduction of various favourable policies for infrastructure and housing development. The products are expected to offer exceptional design flexibility and hence, it has applicability in various projects like warehouse, roof, beams, and highway bridges. Easy financing options are available for private housing and commercial buildings which is also estimated to promote the growth of the glue laminated timber market within the APAC region. Preference and accreditions that are given to the construction of green buildings is also anticipated to propel the growth in demand for glulam. Glue laminated timber can also be manufactured from a wide array of small trees that are harvested from second or third growth plantations and forests. This has reduced the dependability on large scale growth –dependent timber. All these factors are contributing to the sizeable growth of the global glue laminated timber market. Key Players Some distinguished players present in the global glue laminated timber market include Boise Cascade Co., Pfeifer Holz GmbH, Setra Group AB, Canfor Corporation, Calvert Company Inc., Binderholz GmbH., Mayr-Melnhof Holz Holding AG, Schilliger Holz AG, Structurlam, and Hasslacher Holding GmbH. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/glue-laminated-timber-market-7225 Food storage containers are used for storing food products and increasing their shelf lives. In this observation presented by Market Research Future (MRFR), the global food storage container market is supposed to expand at 4.19% CAGR over the review period. It is anticipated that the market is poised to benefit from the thriving food & beverage industry.
ALSO READ: https://www.marketwatch.com/press-release/food-service-containers-market-2020-2023-global-size-covid-19-impact-share-analysis-by-top-players-segments-revenue-and-forecast-2020-05-19 Increasing income level on the global front has led to a rise in demand for convenience food. It is also likely to increase due to the rise in working population. The demand for convenience food is poised to catalyze the expansion of the food storage container market in the foreseeable future. In addition, the dairy products are witnessing expansion of product portfolios. New products such as plant-based ones, are being added to product lines. It is projected to boost the proliferation of the food storage container market in the years to come. Urbanization is another key factor driving market growth across the world. It has elevated hygiene levels which are also poised to boost demand for packaging. In addition, the introduction of new materials for packaging is anticipated to work in favor of the food storage and container market. Market Segmentation: By type, the food storage container market has been divided into rigid and flexible. Among these, the flexible segment is anticipated to exhibit a higher rate of growth over the next few years. Flexible packaging offers convenience and easy handlings which are poised to drive its demand in the upcoming years. By material, the food storage container market has been segmented into plastic, metal, paper & paperboard, and glass. The plastic segment is projected to hold a relatively larger share of the market. Plastic can be easily shaped and molded. This, in turn, is anticipated to expand the segment in the coming years. By product, the food storage container market has been segmented into bag, pouch, and containers. Among these, the containers segment is prognosticated to register a higher growth pace. Its expansion is driven by rising demand for dairy items, bakery products, and fruits & vegetables. By application, the food storage container market has been segmented into meat product, fruits & vegetables, and candy & confections. The candy & confections segment is expected to generate higher revenues than other segments. It is due to the rising demand for chocolates and candies and their easy availability. Regional Analysis: The geographical evaluation of the global food storage container market has been covered for the following regions - Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA). These segments are then studied by narrowing down to a country-level basis. Asia Pacific is expected to account for the most substantial share of the market and was valued at USD 92,084.6 Mn. It is supposed to be driven by rising demand for convenience food. Also, the rising hygiene level is poised to influence the food storage container market positively. Europe is also prognosticated to accrue considerable amount of revenue in the foreseeable future. Increasing mandates by governments regulating the packaging standards of food products are expected to catalyze the expansion of the market. Competitive Dashboard: Amcor and Bemis company Inc., Newell Brands, LOCK&LOCK Co., Ltd, Tupperware Brands Corporation, Hamilton Housewares Pvt. Ltd, Constar International Constar International Inc. (Plastipak Holdings, Inc.), Ball Corporation, Anchor Glass Container Corporation, Berry Global Inc., Crown Holdings, Inc., Associated Packaging, Inc., Graphic Packaging International, Inc., Avery Dennison Corporation, Graham Packaging Company, and ACCO Brands are few of the global players of the food storage container market. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/food-storage-container-market-7725 The increasing influence of urbanization is expected to play a significant role in the growth of the market. Reports that judge the construction industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. The market shows the potential to acquire a CAGR of 5.8 % in the upcoming period.
ALSO READ: https://www.marketwatch.com/press-release/water-and-wastewater-pipe-market-2020-size-share-industry-trends-predictionopportunity-assessment-worldwide-growth-leading-players-industry-analysis-and-regional-forecast-to-2024-2020-07-07 The prevalence of smaller living spaces is a key factor that is increasing the shift towards the folding furniture market. The convenience offered by folding furniture has improved the market growth over a broader consumer base globally. Also, the increased commercialization of folding furniture is anticipated to encourage market growth favorably in the approaching forecast period. Segmental Analysis The segmentation of folding furniture market has been conducted on the basis of products, regions, and applications. Based on the product, the folding furniture market has been segmented into tables, chairs, sofas, beds, and other furniture. Based on the applications, the folding furniture market has been segmented into residential and non-residential. By region, the folding furniture market is segmented into regions such as Europe, North America, Asia Pacific and Rest of the World. Detailed Regional Analysis The regional assessment of the folding furniture market covers regions such as Europe, North America, Asia Pacific, and other regions in the World. As per the study, the Asia Pacific region has accounted for the leading market share in 2016, followed by the European and North American regions. It is anticipated to increase at the highest CAGR throughout the forecast period. Rising residential and non-residential construction in the region, are encouraging the growth of the market. Intensifying population and smaller living areas in region, are leading the development of the market. Furthermore, the mounting repair and rehabilitation activities of open infrastructure and interiors are expected to hold enormous potential for the market in coming years. The North America region is also a major market for folding furniture. Escalating demand for minimal maintenance interior products is inspiring the expansion of the market in North America region. Strong development of commercial and housing structures in the U.S. is anticipated to stimulate the demand in the region. The Middle Eastern region is projected to add drastically in the forecast period, largely due to dearth of space, altering lifestyle, and expansion of the hotels in the regions. Competitive Analysis The fastest-growing companies are initiating a dramatic growth phase in the market in recent times. The extensive set of capabilities developed by market players is aiding in accelerating and delivering sustainable growth. The high-growth aspirations currently in place are inspiring a profound level of development in the market. As the companies are making their customers an important focal point for strategy formulation, they are creating a strong competitive advantage in today’s turbulent market. Moreover, the companies are also well equipped to effectively implement their growth strategy over the long term. The market competitors are making decisions that are improving business performance and supervise risk. The change in the ways consumers interrelate with market companies is also opening up new business models. The strategic intent in the market of players is enhancing the operations in the market overall. Furthermore, the market leaders are considering streamlining all aspects of operations at a macro and micro level in the global market. The outstanding players in the folding furniture market are Expand Furniture (Canada), Meco Corporation (U.S), Resource Furniture (U.S.),Ashley Furniture Industries Inc. (U.S.), Gopak Ltd (U.K.), IKEA Systems B.V. (Sweden), La-Z-Boy Incorporated (U.S.), Flexfurn Ltd (Belgium), Nilkamal Limited (India)., Murphy Bed (U.S.), Leggett & Platt, Inc. (U.S.), and Dorel Industries Inc. (Canada). FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/folding-furniture-market-4822 Flooring is rather self-explanatory and includes all manners of flooring materials such as carpets, tiles, hardwood, rubber and several others. Often permanent in nature, flooring provides a level, evenly-textures surface that makes it comfortable for movement. Market Research Future's study of the global flooring market has uncovered a myriad of vital details. The growth of the market is anticipated at a steady CAGR of 5% during the forecast period from 2016 to 2022.
ALSO READ: https://www.marketwatch.com/press-release/vinyl-flooring-market-2020-global-industry-size-share-growth-trends-scope-application-competitive-analysis-statistics-regional-and-global-forecast-to-2022-2020-08-19 The rapid growth in the construction sector has been a primary driver of growth for the global flooring market. Increasing construction projects across the world in lieu of expanding urban areas and large population sizes are expected to fuel the flooring market. A variety of option is available with a number of designs to boot; this drives consumer participation is selecting the right flooring. Moreover, various parts of the house often have different flooring. Example, bathroom tiles often differ from the flooring in a living room or a patio. Moreover, flooring is used across commercial, industrial and residential applications and the rapid expansion of all three is driving the flooring market with steady and consistent growth. Rising home improvement projects as well and renovation projects due to rising personal disposable income are expected to further drive the market's growth over the assessment period. Emerging economies are noteworthy in the market as they are representative of a high potential for growth due to the economic growth in the region. There is a high demand for improvement of existing infrastructure as well as the building of new infrastructure in the form of hospitals, retail, other commercial buildings, and residential housing. However, it should be noted that considerable volumes of flooring waste are often generated during new installations and renovations. This can often be expensive, and effective disposal is tricky, thus challenging the growth of the market. Market Segmentation The global flooring market's various vital segments have been determined by material, type, applications, and regions. Materials available in flooring have been segmented to include tiles, vinyl & rubber, wood, and others. Tiles are highly popular and come in a variety of sizes, shapes, designs, and materials to achieve the perfect aesthetic. Types of flooring have been segmented to include soft covering, resilient, non-resilient, and others. Applications of flooring can be found across healthcare, retail, education, hospitality, and sports. Flooring based on application is useful to deliver specific aesthetics or achieve a certain purpose. For example in healthcare, flooring should be hard and easy to clean. In sports, the flooring should be level and help absorb shock. Regions covered in the report have been segmented into Europe, North America, Asia Pacific, and the Rest of the World Regional Analysis The Asia Pacific market has established itself as a market leader in the region and is followed by North America and Europe. North America and Europe are well-developed markets which are growing due to renovations and new installments with regards to existing infrastructure. There is new construction happening in this region which is driving growth. However, new construction projects are not as high in number as those in the APAC. The APAC is a rapidly developing region with rising economic status due to the presence of several emerging economies with a high volume of construction projects across various sectors including healthcare, government, education and residential to name a few. Key Players Gerflor Group (France), Shaw Industries, Inc. (U.S.), Forbo Holding AG. (Switzerland), Flowcrete Group Ltd. (U.K), Tarkett Company (France), Mannington Mills Inc.(U.S.), Mohawk Industries Inc. (U.S.), LG Hausys, Ltd. (Korea), Polyfloor Inc. (U.K.), and Floorworld LLC (Dubai) are the leading market players in the global flooring market according to MRFR’s report. The report covers their market positions and market strategies used to expand market share. FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/flooring-market-2527 |