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The global terrazzo flooring market was valued at USD 22,780 million in 2018, which is expected to witness a CAGR of around 5.0% during the forecast period. The base year considered for the study of the market, is 2018, and the forecast period for the global cross laminated market is 2019 to 2024.
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Terrazzo Flooring Market is Rising Construction Industry Coupled with High Demand by 2024 www.marketresearchfuture.com
Market Overview: The global terrazzo flooring market was valued at USD 22,780 million in 2018, which is anticipated to witness 5.0% CAGR during the forecast period. The global terrazzo flooring market is anticipated to witness sustainable growth throughout the forecast period. The tremendous growth of commercial replacement market and an increase in the demand for innovative designs in commercial buildings are expected to increase the demand for terrazzo flooring, globally. Moreover, the rapid expansion of tourism and hospitality industries coupled with increasing investments in commercial real estate are expected to improve sales prospects in the global terrazzo flooring market. Furthermore, the increase in the number of green buildings is expected to increase the use of eco-friendly and lightweight floor coverings. Rapid construction of commercial and residential buildings in emerging countries such as China, India, and South Korea, is one of the major factors driving the global terrazzo flooring market. However, stringent regulations on manufacturing flooring products are expected to hinder the . Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/8065
Regional Analysis: On the basis of region, the global terrazzo flooring market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America accounted for the largest market share in 2018, followed by Asia-Pacific, primarily due to the leading consumers and environmental advantages of green buildings. The rise in construction industry is attributed to private housing, commercial and infrastructure construction growth and growth in privately funded projects. Browse Complete Report Details: https://www.marketresearchfuture.com/reports/terrazzo-flooring-market-8065
Intended Audience • Raw material suppliers • End users • Manufacturers • Traders & distributors • Regulatory bodies • Market research and consulting firms
Prominent Players • 4m Group (UK) • Concord Terrazzo Company, Inc. (US) • Kingspan Group (Ireland) • Diespeker & Co. (UK) • KREZ Group (US) • RBC Industries, Inc. (US) • The Venice Art Terrazzo Co., Inc. (US) • Quiligotti Terrazzo Tiles Limited (UK) • Terrazzo Masters (US) • RPM International Inc. (US)
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