Wood flooring
manufacturing market is currently preferred owing to its durability,
restorability and its environmental profile. It can be classified as
solid, acrylic impregnated and engineered wood. Bamboo flooring, one
form of grass flooring is also considered as a type of wood flooring.
Wood flooring comes in shapes such as strips, parquet and planks. Raw
materials of wood flooring include oak, ash, birch, walnut, maple,
beech, birch and hickory among others.
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Research Report of Wood Flooring Manufacturing Market :
Increased
residential construction with changing lifestyle generates a demand
for wood thereby driving the wood flooring market. In addition, wood
products are being used as a source of recycled product which is
another factor adding to the growth of wood flooring manufacturing
market. Increased environmental concerns such as rising deforestation
may restrain the growth of this market. Substitute commodities such
as carpet, ceramic tiles and vinyl which serve as alternatives to
wood may hamper the growth of this market. Increasing construction
activities in the developing countries such as Brazil, Russia, India
and China (BRIC) is expected to open the new opportunities in the
market over the future. This market excels in the U.S and Europe
owing to the cold climatic conditions since wood aids in maintaining
the warmth. Asia Pacific is expected to be a significant contributor
to this market on account of the changing lifestyles. Among the other
types of wood, oak is the most popular owing to its wide
availability, low cost and its hardness. Profit margins may differ
depending on the type of company.
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Report :
Some of the key
players of this market include Mohawk Industries, Wood Flooring
International, Tembec, Tarkett, A&W Woods and Armstrong World
Industries among others.
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