Market Research on Global Stone Plastic Composite Flooring Market Growth 2020-2025

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According to this study, over the next five years the Stone Plastic Composite Flooring market will register a 21.8% CAGR in terms of revenue, the global market size will reach $ 5220.6 million by 2025, from $ 2373.3 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Stone Plastic Composite Flooring business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Stone Plastic Composite Flooring market by type, application, key manufacturers and key regions and countries.

This study considers the Stone Plastic Composite Flooring value and volume generated from the sales of the following segments:

Segmentation by type: breakdown data from 2015 to 2020, in Section 2.3; and forecast to 2025 in section 11.7.
Recycled PVC Type
Non-recycled PVC Type
Recycled PVC is a discarded PVC product, or semi-finished products. GIR analysts pointed out that in the global market, especially in the Chinese market, some manufacturers use recycled PVC to produce SPC flooring.
Polyvinyl chloride comprises vinyl chloride monomers through polymerization. Some of these monomers exist in a gaseous form which may be toxic to human beings but the end product, the PVC polymer is safe to people. Chinese manufacturers like to call SPC flooring. In Europe and United States it is referred to as the luxe plank with rigid core. Like Coretec luxe plank with rigid core flooring. It is an environmentally friendly decoration material resistant to wear, waterproof and to fire. There is grinding of the stone into powder before being mixed with polyvinyl chloride. The resultant product is resilient and durable in addition to having attractive patterns and colors which can be used in decoration whether at home, office or any other place.

Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Use

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Decno Group
Dajulong Kaman
Mannington Mills
Tianzhen Bamboo Flooring
Zhejiang Kingdom
Zhejiang Oufei New Material
Chengdu Luke
Zhejiang Walrus New Material
Zhejiang GIMIG Technology
Zhejiang Qide New Materials
Zhengfu Plastic
Jiangsu Zhengyoung Flooring
NewBetter Building Materials

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Stone Plastic Composite Flooring consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Stone Plastic Composite Flooring market by identifying its various subsegments.
Focuses on the key global Stone Plastic Composite Flooring manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Stone Plastic Composite Flooring with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Stone Plastic Composite Flooring submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via *Market Research News is a part of Research By Markets.