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Construction Flooring Chemicals Market– Identify Opportunities and Challenges 2025

Increasing growth of millennials and nuclear families as well as rise in disposable income towards capability in purchasing of residential apartments in emerging markets is expected to promote the usage of flooring chemicals. Also, the growth of manufacturing facilities in developing nations is projected to increase the application of construction flooring chemicals over the forecast period.

The global construction flooring chemicals market is projected to reach approximately USD 6.15 billion by 2025, growing at a CAGR of 4.7% during forecast period, according to a new report published by Grand View Research, Inc.  


Flooring chemicals demand in the commercial sector is expected to grow at a CAGR of 3.8% in terms of volume from 2016 to 2025. The lucrative manufacturing outlook in developing nations including China and India on account of easy availability of chemical feedstock and cheap labor is expected to result in establishment of new commercial spaces.

Abovementioned favorable trend toward the formation of new strategic business units (SBUs) is expected to increase the application of flooring and thus in turn will have a positive impact on market. Epoxy resins is set to witness a CAGR of 4.5% from 2017 to 2025 in terms of revenue in MEA region, on account of its application in construction of luxury residences, hotels, resorts and urban corporate offices.

To Know More About Construction Flooring Chemicals Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/construction-flooring-chemicals-market 

MEA construction flooring chemicals market is expected to witness revenue growth at a CAGR of 4.9% from 2017 to 2025. This growth in attributed to the increasing penetration of corporate offices, retail outlets as well as luxury hotels in UAE and Saudi Arabia.

Top Players of Construction Flooring Chemicals Market:

Key vendors include BASF, SABIC, DOW chemicals,Sinopec., ExxonMobil, DuPont, Ineos,LyondellBasell Industries, Mitsubishi Chemical Corporation, LG Chem, AkzoNobel, Mitsui Chemicals, Forbo Holding, Toray Industries., PPG Industries, Tremco Inc, RPM International Inc, Stonhard Inc, Huntsman Corp and Borealis AG.

Market Segmentation of Construction Flooring Chemicals Market:

The Global Construction Flooring Chemicals Market segmented on the basis of Product and Application.

By Product:

Epoxy
Vinyl
Polyurethanes
Poly Methyl Methacrylate (PMMA)

By Application:

Residential
Commercial

By Region:

North America
Europe
Asia Pacific
Central & South America
Middle East & Africa (MEA)

Inquire about Construction Flooring Chemicals Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4679/ibb 

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