The global Decoration Terrazzo Flooring market was valued at US$ 2813 million in 2020 and is expected to reach US$ 4906 million by the end of 2027, growing at a CAGR of 7.8% during 2021-2027.
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.
Global Decoration Terrazzo Flooring Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Decoration Terrazzo Flooring Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Kingspan Group, RPM, PANDOMO, Sherwin-Williams, Doyle Dickerson Terrazzo, Terrazzco, Terrazzo USA, Beijing Lu Xing, Guangxi Tashi, Lijie Technology and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Inorganic Terrazzo
- Epoxy Terrazzo
Segment by Application
Table of Content:
1 Decoration Terrazzo Flooring Market Overview
2 Decoration Terrazzo Flooring Market Competition by Manufacturers
3 Decoration Terrazzo Flooring Retrospective Market Scenario by Region
4 Global Decoration Terrazzo Flooring Historic Market Analysis by Type
5 Global Decoration Terrazzo Flooring Historic Market Analysis by Application
6 Key Companies Profiled
7 Decoration Terrazzo Flooring Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Decoration Terrazzo Flooring Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
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