Product Code: 978-1-68038-946-3
U.S. Terrazzo Market Growth & Trends:
The U.S. terrazzo market size is expected to reach USD 13.47 billion by 2030, expanding at a CAGR of 5.9% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Increasing demand for residential and commercial construction sectors on account of its high-performance characteristics such impact resistance, high durability, and negligible bacteria growth are expected to drive the market growth.
Terrazzo is considered to be inexpensive in the long term owing to its extremely low maintenance costs. However, its installation costs are higher than that of coatings, tiles, and polished concrete surfaces. Development of new generation flooring systems, software development to design customer-centric designs, and fully automatic concrete tile making to enhance the aesthetic appearance are some of the significant developments in the industry.
Ceramic has emerged as a substitute for terrazzo owing to its cost-effectiveness. However, in terms of floor finishing and beauty, terrazzo is the most preferred. Lower maintenance costs of terrazzo flooring than ceramic flooring is another advantage leading to the increased adoption of terrazzo flooring in the U.S.
U.S. Terrazzo Market Report Highlights:
- Epoxy product segment accounted for over 66.3% share of the total revenue in 2022. The market is expected to be dominated by epoxy terrazzo as it provides an excellent flooring option that is resistant to common issues such as oil and chemical stains.
- Cement terrazzo is a conventional flooring system that is suited for external applications and renovation projects when there is no vapor barrier beneath the slab. This system is thicker and heavier than epoxy, although it has similar characteristics in terms of minimal maintenance needs and longevity.
- Epoxy terrazzo wins high ratings in terms of both, appearance and performance among all flooring options available in the U.S. for educational buildings. Moreover, renovation of existing government buildings is expected to drive the product demand.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of data sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Terrazzo Market Variables, Trends & Scope
- 3.1. Penetration & Growth Prospect Mapping
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Market Challenges
- 3.6. PESTEL Analysis
- 3.6.1. Political Landscape
- 3.6.2. Environmental Landscape
- 3.6.3. Social Landscape
- 3.6.4. Technology Landscape
- 3.6.5. Economic Landscape
- 3.6.6. Legal Landscape
- 3.7. Porter's Five Forces Analysis
- 3.7.1. Supplier Power
- 3.7.2. Buyer Power
- 3.7.3. Substitution Threat
- 3.7.4. Threat from New Entrant
- 3.7.5. Competitive Rivalry
- 3.8. Case Studies
- 3.8.1. Muhammad Ali Center
- 3.8.2. Henderson City Hall
Chapter 4. U.S. Terrazzo Market: Product Estimates & Trend Analysis
- 4.1. U.S. Terrazzo Market: Product Movement Analysis, 2022 & 2030
- 4.2. Cement
- 4.2.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 4.2.2. Sand cushion
- 4.2.2.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 4.2.3. Bonded
- 4.2.3.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 4.2.4. Monolithic
- 4.2.4.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 4.2.5. Polyacrylate
- 4.2.5.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 4.2.6. Rustic
- 4.2.6.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 4.3. Epoxy
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
Chapter 5. U.S. Terrazzo Market: Application Estimates & Trend Analysis
- 5.1. U.S. Terrazzo Market: Application Movement Analysis, 2022 & 2030
- 5.2. Educational Buildings
- 5.2.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 5.3. Commercial Buildings
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 5.4. Institutional Buildings
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 5.5. Transport Infrastructures
- 5.5.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
- 5.6. Other Applications
- 5.6.1. Market Estimates and Forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent developments & impact analysis, by key market participants
- 6.2. Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 6.3. Vendor Landscape
- 6.4. Competitive Market Positioning
Chapter 7. Company Profiles
- 7.1. Terrazzo USA
- 7.1.1. Company overview
- 7.1.2. Financial performance
- 7.1.3. Product benchmarking
- 7.1.4. Strategic initiatives
- 7.2. Master Terrazzo Technologies Inc.
- 7.2.1. Company overview
- 7.2.2. Financial performance
- 7.2.3. Product benchmarking
- 7.2.4. Strategic initiatives
- 7.3. Doyle Dickerson Terrazzo, Inc.
- 7.3.1. Company overview
- 7.3.2. Financial performance
- 7.3.3. Product benchmarking
- 7.3.4. Strategic initiatives
- 7.4. The Venice Art Terrazzo Co., Inc.
- 7.4.1. Company overview
- 7.4.2. Financial performance
- 7.4.3. Product benchmarking
- 7.4.4. Strategic initiatives
- 7.5. Krez Group, Inc.
- 7.5.1. Company overview
- 7.5.2. Financial performance
- 7.5.3. Product benchmarking
- 7.5.4. Strategic initiatives
- 7.6. Terrazzo and Marble Supply
- 7.6.1. Company overview
- 7.6.2. Financial performance
- 7.6.3. Product benchmarking
- 7.6.4. Strategic initiatives
- 7.7. Klein & Co. Terrazzo
- 7.7.1. Company overview
- 7.7.2. Financial performance
- 7.7.3. Product benchmarking
- 7.7.4. Strategic initiatives
- 7.8. Concord Terrazzo Company, Inc.
- 7.8.1. Company overview
- 7.8.2. Financial performance
- 7.8.3. Product benchmarking
- 7.8.4. Strategic initiatives
- 7.9. American Terrazzo
- 7.9.1. Company overview
- 7.9.2. Financial performance
- 7.9.3. Product benchmarking
- 7.9.4. Strategic initiatives
- 7.10. RBC Industries, Inc.
- 7.10.1. Company overview
- 7.10.2. Financial performance
- 7.10.3. Product benchmarking
- 7.10.4. Strategic initiatives
- 7.11. F & M Tile & Terrazzo Co., Inc.
- 7.11.1. Company overview
- 7.11.2. Financial performance
- 7.11.3. Product benchmarking
- 7.11.4. Strategic initiatives
- 7.12. Angelozzi Terrazzo
- 7.12.1. Company overview
- 7.12.2. Financial performance
- 7.12.3. Product benchmarking
- 7.12.4. Strategic initiatives
- 7.13. Key Resin Company
- 7.13.1. Company overview
- 7.13.2. Financial performance
- 7.13.3. Product benchmarking
- 7.13.4. Strategic initiatives
- 7.14. EnviroGLAS Products, Inc.
- 7.14.1. Company overview
- 7.14.2. Financial performance
- 7.14.3. Product benchmarking
- 7.14.4. Strategic initiatives