Fiberglass Flooring Market Forecast and Outlook (2024-2031)


Posted September 4, 2024 by anithayadav

Fiberglass Flooring Market reached US$ 784.6 million in 2022 and is expected to reach US$ 1254.4 million by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.

 
Market Overview
Fiberglass Flooring Market reached US$ 784.6 million in 2022 and is expected to reach US$ 1254.4 million by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.

Fiberglass is becoming increasingly prevalent in the construction and infrastructure sectors due to its durability and resistance to harsh environmental conditions. It is widely used in applications such as roofing and rebar replacement, which contributes to the growth of the fiberglass flooring market.
Fiberglass flooring is also crucial in the production of wind turbine blades, and the rising demand for wind turbines driven by the growth of renewable energy sources further boosts this market. Additionally, fiberglass-reinforced plastics are used in various consumer products, including sports equipment and furniture. The expansion of the electronics industry also impacts the demand for fiberglass flooring.

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Market Dynamics
Increasing Demand for Durable and Long-Lasting Flooring
Fiberglass flooring is highly durable and resistant, making it an attractive option for consumers and industries looking for flooring solutions that can endure heavy foot traffic, impacts, and environmental stressors. Its exceptional durability is positioning fiberglass flooring as a preferred choice in the market.

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Competitive Landscape
• TOLI Floor Corporation
• IVC Group
• Mannington Mills
• Shaw Floors
• NOX Corporation
• Milliken
• Armstrong World Industries
• Gerflor
• Tarkett

Related Reports
Flooring Materials Market
Flooring Chemicals Market
Floor Paints Market

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Issued By DataM Intelligence
Country India
Categories Home Business , Human Resources , Industry
Tags fiberglass flooring market , fiberglass flooring market forecast , fiberglass flooring market outlook
Last Updated September 4, 2024