PVC Flooring Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

PVC flooring work as a cost-effective substitute for natural floors, including wood, ceramic, and marble. Complex & 3D designs are easier to create with PVC, as it is cost-effective. PVC floors are frequently given a top coat that hinders the buildup of dust and dirt, delivering the floor sterile. Polyvinyl chloride or vinyl is a synthetic material, which is created by combining chlorine with ethylene. Growth of the PVC flooring market is predominantly stimulated by the development of large-scale infrastructural projects in developing economies of South East Asia Pacific as well as Middle East Africa and Europe.

MARKET DYNAMICS

The PVC flooring market has witnessed significant growth owing to factors such as an expansion of residential housing construction markets as well as the rise in reconstruction activities. Increasing standard of living along with the rise of urbanization is also boosting the paste PVC flooring market. PVC flooring provides better aesthetics & functionality; resistance to water, fire, and sound reduction is another driver for the PVC flooring market. Furthermore, it is quite easy to clean also easy to install in a budget-friendly nature. However, low durability as compared to wood and marble may impact the growth of the PVC flooring market. Nevertheless, with the innovation of products, market players can open up an opportunity for this market.

MARKET SCOPE

The "Global PVC Flooring Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PVC flooring market with detailed market segmentation by type, application, and geography. The global PVC flooring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PVC flooring market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global PVC flooring market is segmented on the basis of type, and application. On the basis of type, the PVC flooring market is segmented into homogenous, heterogeneous, vinyl sheets, vinyl tiles (VT), and luxury vinyl tiles (LVT). The PVC flooring market on the basis of the application is classified into commercial and residential.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PVC flooring market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The PVC flooring market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the PVC flooring market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PVC flooring market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global PVC flooring market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from PVC flooring market are anticipated to lucrative growth opportunities in the future with the rising demand for PVC flooring in the global market. Below mentioned is the list of few companies engaged in the PVC flooring market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the PVC flooring market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Kaneka Corporation
•   Formosa Plastics Corp
•   INEOS
•   KEM ONE
•   LG Chemical
•   Mexichem
•   Shanghai Chlor-Alkali Chemical
•   Shaw Industries, Inc.
•   Solvay SA
•   Thai Plastic and Chemicals

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

PVC Flooring Report Scope