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Floor Screed Market Share

Report ID: GMI9190
Published Date: Apr 2024
Report Format: PDF

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Floor Screed Market Share

Flowcrete stands out as a prominent player, known for its innovative range of high-performance flooring solutions catering to various industries worldwide. Sika Group, with its global presence and comprehensive portfolio of construction chemicals, including floor screeds, poses stiff competition, leveraging its expertise in research and development to drive product innovation and customer satisfaction. Saint Gobain, a leader in sustainable building materials, offers a diverse range of floor screeds under its Weber brand, emphasizing quality, durability, and environmental responsibility.

Floor Screed Market Companies

Major players operating in the floor screed industry include:

Ardex
CES Quarry Products
Colmef Monneli
Edilteco Group
Floorex
Flowcrete
Polycote
Saint Gobian
Sika Group
Simcrete India
SMET Building Products
Terraco Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of floor screed was crossed USD 13.5 billion in 2023 and is anticipated to register over 6.2% CAGR between 2024 and 2032, due to their crucial role in providing a smooth, level surface for the installation of various floor finishes, such as tiles, carpets, vinyl, and wood.

Bonded floor screed market size reached USD 6.9 billion in 2023 and is expected surpass USD 10.5 billion by 2032, owing to their widespread use in both commercial and residential construction projects.

The residential application segment accounted for over 58% share of the floor screed market in 2023 and is projected to grow through 2032, driven by the extensive use in residential construction projects such as single-family homes, apartments, and condominiums.

Asia Pacific floor screed market generated a revenue of USD 5.2 billion in 2023 and is expected to reach over USD 9 billion by 2032, led by the burgeoning construction industry, fueled by rapid urbanization, infrastructure development, and economic growth.