Reports and Insights issued a report recently titled “Floor Screeds Market: Opportunity Analysis and Future Assessment 2022-2030” which examines and assesses the market’s status over the forecast period. It is a thorough investigation that focuses on elementary and secondary drivers, leading segments, market size and share, and geographical assessment. The study also provides a comprehensive evaluation atof the leading players, major partnerships and alliances, mergers, and acquisitions, along with the trending innovation and corporate strategies.
The global floor screeds market is expected to reach at a value of US$ 1,066.2 Mn by 2028 end at a CAGR of 5.1%
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Floor Screeds Introduction
Floor screeds are made up of cementitious materials and sand blended. It is based on a suitable mix design and is applied to provide a leveled surface for the floor finish, which is introduced to the surface of the floor screed. So, floor screed can be acknowledged as a base for the floor finish that directly influences the performance of the floor finish. The major components required for making a floor screed are cement, clean sand, and water. To obtain some specific properties, the mixture is modified with additives.
Based on requirements and application, it can be categorized into unbonded screed floor, bonded screed floor, floating screed floor, and heated screed floor. The screed that does not bond directly to the floor can be categorized as an unbonded screed floor. It makes use of polythene or damp-proof membrane, which is laid on top of the concrete base. As for this category, the thickness of the screed is confined to 50mm for the standard screed.
Besides, the bonded screed floor is bonded onto the substrate with the slurry bonding to the concrete substrate. This type of screed is ideal for thinner applications where heavy loading is anticipated. Thirdly, the floating screed floor is generally applied over insulation. It insulates well itself and should be kept away from cracking due to shrinkage with insulation or edging foaming. Lastly, the heated screed floor is another type of floating screed with underfloor heating, which is a screed laid over an underfloor heating system.
Floor Screeds Market Dynamics
In this time and age, around 55% of the global population – about 4.2 billion inhabitants – reside in cities. This trend is projected to stay. According to the estimates, by the year 2050, along with the urban population more than doubling its present-day size, almost 7 out of 10 people across the world are estimated to reside in cities. As a point of fact, with more than 80% of worldwide GDP created in cities, urbanization has the potential to bestow to sustainable growth if administered well by growing productivity, enabling innovation and fresh ideas to emerge. Thus, the strengthening urbanisation all across the globe is further accelerating the improvement in worldwide infrastructure leading its way to increasing construction projects globally.
The soaring construction projects, all over the world, in the form of residential and commercial spaces is majorly elevating the demand of construction materials including floor screeds across the global markets.
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Floor Screeds Market Segmentation
The global floor screeds market is segmented on the basis of material, screed type, floor thickness, end use, and region
By Material Type
Cementitious Screed
Calcium Sulphate Screed
Synthetic Resin Screed
By Screed Type
Bonded Screed
Unbonded Screed
Floating Screed
Flowing Screeds
Heated Screeds
By Floor Thickness
Less Than 30mm
30mm To 60mm
Above 60mm
By End Use
Residential
Commercial
Industrial
By Region
North America
Latin America
Asia Pacific
Europe
Middle East
Africa
Floor Screeds Market Key Players
Some of the key participating players in global Floor Screeds market are:
Longcliffe Quarries
Tarmac
Sika Group
Munster Floor Screed
Base Concrete Company
Cemex UK
Flowcrete Group
EasyMix Concrete UK
Premier Floor Screed
Rapid ReadyMix Concrete
LKAB Minerals
Saint-Gobain Weber
Ronacrete
GM Floor Screeds
PC Flooring
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