SAN FRANCISCO, July 14, 2015 /PRNewswire/ --
The Global Non-Resilient Flooring Market is expected to reach USD 253.41 billion by 2020, according to a new study by Grand View Research, Inc. Advanced digital printing technologies for ceramic tiles have led to the development of innovative and versatile products along with improving installation techniques. This has significantly broadened the scope of their application across residential, commercial and industrial flooring market. Rising urbanization and the subsequent increased demand in new construction sector is expected to be the key driving force for the market over the forecast period.
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Browse full research report with TOC on "Non-Resilient Flooring Market Analysis By Product (Ceramic Tiles, Stone), By Application (Residential, Commercial, Industrial) And Segment Forecasts To 2020 Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/non-resilient-flooring-market
Raw material costs have significantly impacted the non-resilient flooring industry. Ceramic tiles are manufactured out of raw materials that are readily available. However, fluctuations in the prices of raw materials along with decreased margins for manufacturers have led to an increase in ceramic products prices. Natural stones need to be mined, processed into small slabs that can then be used for flooring, thereby making them expensive. Technological advancements in mining and processing of natural and manufactured stone are expected to result in reduced prices over the next six years.
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/automotive-and-aerospace-interior-materials
For the purpose of this study, Grand View Research has segmented the Non-Resilient Flooring Market on the basis of product, application, and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Grand View Research, Inc
Phone: 1-415-349-0058
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Email:sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
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