SAN FRANCISCO, January 10, 2017 /PRNewswire/ --
The global fiberglass flooring market is expected to reach USD 987 million by 2025, according to a new report conducted by Grand View Research, Inc. The growing application in industrial, residential and commercial buildings owing to the longer lifespan of floors coupled with better aesthetics will drive growth over the upcoming years. Moreover, the rising demand for residential buildings in light of population growth, increasing income levels, and favorable government initiatives will aid in the industry development.
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The usage of these products in the industrial sector will witness substantial revenue rise at a CAGR of 6.8% from 2016 to 2025. Factors such as low maintenance and anti-allergen are expected to spur the demand for these products over the upcoming years. Strong growth of the construction industry in emerging countries such as China, India, Singapore, Brazil, Thailand, Indonesia, Mexico, UAE, South Africa, Saudi Arabia, Qatar, and South Korea will create growth opportunities for the market in the future.
Browse full research report with TOC on "Fiberglass Flooring Market Size And Trend Analysis By Application (Residential, Commercial, Industrial), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/fiberglass-flooring-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global fiberglass flooring market on the basis of application and region:
Read Our Blogs - The increasing fiberglass demand in the construction sector coupled with growing population is expected to drive market growth
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
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Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
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