Floor Screeds Market

Floor Screeds Market Overview

The report is titled as ‘Floor Screeds Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the Floor Screeds market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Floor Screeds market is expected to grow with significant rate in the near future.

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%.

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.

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

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Floor Screeds

Advantages of Floor Screeds

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.