U.S. Terrazzo Market To Exhibit Growth At 4.3% CAGR Till 2024: Grand View Research Marco Belinelli Jersey , Inc. Business Articles | July 27, 2016
New Market Research Reports Title “U.S. Terrazzo Market Analysis Size and Segment Forecasts to 2024” Has Been Added to Grand View Research Report Database
The?U.S. terrazzo market?is expected to reach USD 1.47 billion by 2024, according to a new report by Grand View Research, Inc. Development of new generation flooring system, fully automatic concrete tile making, software development to design sustainable & customer-centric designs, and monitoring systems to enhance distribution & contracting services are some of the significant developments in the U.S. industry. The shift in consumption trend towards customized flooring system designs is also expected to drive the domestic market over the forecast period.
Technology is playing an important role across the value chain. From raw material to end-use customers, technological advancements are helping to upgrade the services, which in turn is expected to make customer service more effective and efficient in the near future.
Epoxy is the most widely used product segment and accounted for over 60% of total market volume in 2015. The product is limited to indoor application owing to environmental concerns DeAndre' Bembry Jersey , such as UV exposure, associated with the product. Rustic and polyacrylate, on the other hand, are recommended for outdoor areas as they are hard and can withstand adverse environmental conditions. Such factors are anticipated to balance the overall demand in the near future.
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Further key findings from the report suggest:
The U.S. terrazzo market volume was 297.4 million sq. ft. in 2015 and is expected to reach 434.3 million sq. ft. by 2024, growing at a CAGR of 4.3% from 2016 to 2024 Educational sector dominated the application segment and accounted for over 45% of total market volume in 2015. The increase in the number of educational institutes, universities, auditoriums and schools in the U.S. is expected to remain a key factor for higher penetration of terrazzo in this sector. The segment is also expected to witness the highest growth of 4.6% over the forecast period. Terrazzo used in commercial buildings is expected to reach a market worth over USD 200 million by 2024 Key companies include Terrazzo USA & Associates, Doyle Dickerson Terrazzo, Inc. Mike Muscala Jersey , The Venice Art Terrazzo Co., Inc., Klein & Company, Inc. Terrazzco, H.B. Fuller Construction Products, RBC Industries, Sherin Williams, David Allen Company, EnviroGLAS Products Kent Bazemore Jersey , Inc. and Key Resin Co. Key companies are anticipated to expand their presence in the North & South America, Europe, and Asia Pacific.
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Grand View Research has segmented the U.S. Terrazzo market based on product and application:
U.S. Terrazzo Product Outlook (Volume, Million Square Feet, Revenue, USD Million, 2016 - 2024)
Cement Epoxy Sand Cushion Bonded Monolithic Polyacrylate Rustic
U.S. Terrazzo Application Outlook?(Volume, Million Square Feet, Revenue John Collins Jersey , USD Million, 2016 - 2024)
Educational Commercial Government Buildings Transport Others
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Read our blogs - , Growth of Pay TV Market in Global Industry: Overview, Size and Share 2018-2025
by Hardik Pande · January 15, 2019
Marketresearchnest Reports adds 鈥淕lobal Pay TV Market Status and Outlook 2018-2025鈥?new report to its research database. The report spread across 155 pages with multiple tables and figures in it.
This report studies the Pay TV Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Pay TV Market analysis segmented by companies, region Miles Plumlee Jersey , type and applications in the report.
TV Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. T complete knowledge is based on latest industry news, opportunities, and trends. The report contains a comprehensive market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
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Key Content of Chapters (Including and can be customized)
Part 1: Market Overview, Development, and Segment by Type, Application and Region Part 2: Global Market by company, Type, Application and Geography Part 3-4: Asia-Pacific Market by company Taurean Prince Jersey , Type, Application and Geography Part 5-6: Europe Market by company, Type, Application and Geography Part 7-8: North America Market by company, Type, Application and Geography Part 9-10: South America Market by company, Type, Application and Geography Part 11-12: Middle East and Africa Market by company, Type Ersan Ilyasova Jersey , Application and Geography Part 13: Company information, Sales, Cost, Margin etc. Part 14: Conclusion
Market Segment as follows:
Global (Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany Tracy Mcgrady Jersey , UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada Mike Bibby Jersey , Mexico] Middle East and Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru])