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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.
Scope of the Report:
Today terrazzo serves as a green building material used in universities, hospitals, airports, office lobbies and other commercial and residential properties.
Key factors driving growth in educational segment includes custom-made designs coupled with extended product lifespan features offered by terrazzo which is growing its preference for institutions, schools, universities, auditoriums. An increasing number of universities, institutions & schools are anticipated to contribute significantly towards overall industry demand in the application segment.
Key manufacturers are Kingspan Group, RPM, H. B. Fuller Construction Products, SHW, UMGG, Doyle Dickerson Terrazzo, HJJC, Guangxi Mishi, Terrazzco, Lijie Technology, Terrazzo USA, Beijing Lu Xingand etc. The product is considered to be inexpensive in nature on account of extremely low maintenance charges. However, the installation cost is higher as compared to other alternatives including coating, tiles, and polished concrete surfaces. Therefore, the presence of low-cost options, including ceramic tiles, is expected to impact overall industry growth negatively in the near future.
The worldwide market for Terrazzo Flooring is expected to grow at a CAGR of roughly 7.0% over the next five years, will reach 4220 million US$ in 2024, from 2820 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Terrazzo Flooring in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Kingspan Group
- RPM
- H. B. Fuller Construction Products
- SHW
- UMGG
- Doyle Dickerson Terrazzo
- HJJC
- Guangxi Mishi
- Terrazzco
- Lijie Technology
- Terrazzo USA
- Beijing Lu Xing
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Inorganic Terrazzo
- Epoxy Terrazzo
Market Segment by Applications, can be divided into
- Educational
- Commercial
- Healthcare and Pharmaceutical
- Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Terrazzo Flooring product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Terrazzo Flooring, with price, sales, revenue and global market share of Terrazzo Flooring in 2017 and 2018.
Chapter 3, the Terrazzo Flooring competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Terrazzo Flooring breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Terrazzo Flooring market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Terrazzo Flooring sales channel, distributors, customers, research findings and conclusion, appendix and data source.