U.S. Terrazzo Market Size, Share & Trend Analysis Report By Product (Cement, (Sand Cushion, Bonded, Monolithic, Polyacrylate, Rustic) Epoxy), By Application (Educational Buildings, Commercial Buildings), And Segment Forecasts, 2022 - 2030
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U.S. Terrazzo Market Growth & Trends
The U.S. terrazzo market is expected to reach USD 13.47 billion by 2030, registering a CAGR of 5.6% from 2022 to 2030, as per 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
U.S. Terrazzo Market Growth & Trends
The U.S. terrazzo market is expected to reach USD 13.47 billion by 2030, registering a CAGR of 5.6% from 2022 to 2030, as per 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 USD 8,253.3 million in 2021 and is projected to grow at a CAGR of 5.7% from 2022 to 2030. 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.
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, 2021 & 2030
4.2. Cement
4.2.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.2. Sand cushion
4.2.2.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.3. Bonded
4.2.3.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.4. Monolithic
4.2.4.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.5. Polyacrylate
4.2.5.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.6. Rustic
4.2.6.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.3. Epoxy
4.3.1. Market Estimates and Forecasts, 2017 - 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, 2021 & 2030
5.2. Educational Buildings
5.2.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
5.3. Commercial Buildings
5.3.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
5.4. Institutional Buildings
5.4.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet s) (USD Million)
5.5. Transport Infrastructures
5.5.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
5.6. Other Applications
5.6.1. Market Estimates and Forecasts, 2017 - 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
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, 2021 & 2030
4.2. Cement
4.2.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.2. Sand cushion
4.2.2.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.3. Bonded
4.2.3.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.4. Monolithic
4.2.4.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.5. Polyacrylate
4.2.5.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.2.6. Rustic
4.2.6.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
4.3. Epoxy
4.3.1. Market Estimates and Forecasts, 2017 - 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, 2021 & 2030
5.2. Educational Buildings
5.2.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
5.3. Commercial Buildings
5.3.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
5.4. Institutional Buildings
5.4.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet s) (USD Million)
5.5. Transport Infrastructures
5.5.1. Market Estimates and Forecasts, 2017 - 2030 (Million Square Feet) (USD Million)
5.6. Other Applications
5.6.1. Market Estimates and Forecasts, 2017 - 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
LIST OF TABLES
Table 1 U.S. Cement terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 2 U.S. sand cushion terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 3 U.S. bonded terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 4 U.S. monolithic terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 5 U.S. polyacrylate terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 6 U.S. rustic terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 7 U.S. epoxy terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 8 U.S. terrazzo market estimates and forecasts, by educational buildings, 2017 - 2030 (Million Square Meters) (USD Million)
Table 9 U.S. terrazzo market estimates and forecasts, by commercial buildings, 2017 - 2030 (Million Square Meters) (USD Million)
Table 10 U.S. terrazzo market estimates and forecasts, by institutional buildings, 2017 - 2030 (Million Square Meters) (USD Million)
Table 11 U.S. terrazzo market estimates and forecasts, by transport infrastructures, 2017 - 2030 (Million Square Meters) (USD Million)
Table 12 U.S. terrazzo market estimates and forecasts, by other applications, 2017 - 2030 (Million Square Meters) (USD Million)
Table 1 U.S. Cement terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 2 U.S. sand cushion terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 3 U.S. bonded terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 4 U.S. monolithic terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 5 U.S. polyacrylate terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 6 U.S. rustic terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 7 U.S. epoxy terrazzo market estimates and forecasts, 2017 - 2030 (Million Square Meters) (USD Million)
Table 8 U.S. terrazzo market estimates and forecasts, by educational buildings, 2017 - 2030 (Million Square Meters) (USD Million)
Table 9 U.S. terrazzo market estimates and forecasts, by commercial buildings, 2017 - 2030 (Million Square Meters) (USD Million)
Table 10 U.S. terrazzo market estimates and forecasts, by institutional buildings, 2017 - 2030 (Million Square Meters) (USD Million)
Table 11 U.S. terrazzo market estimates and forecasts, by transport infrastructures, 2017 - 2030 (Million Square Meters) (USD Million)
Table 12 U.S. terrazzo market estimates and forecasts, by other applications, 2017 - 2030 (Million Square Meters) (USD Million)
LIST OF FIGURES
Fig. 1 Market snapshot
Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market Research Approaches - Bottom-Up Approach
Fig. 5 Market Research Approaches - Top-Down Approach
Fig. 6 Market Research Approaches - Combined Approach
Fig. 7 Segmental Outlook
Fig. 8 Segmental Outlook
Fig. 9 Competitive Outlook
Fig. 10 Penetration & growth prospect mapping
Fig. 11 Value chain analysis
Fig. 12 Market Dynamics
Fig. 13 Market Driver Impact Analysis
Fig. 14 Market Restraint Impact Analysis
Fig. 15 U.S. Terrazzo Market: Application Movement Analysis, 2021 & 2030
Fig. 16 U.S. Terrazzo Market: Application Movement Analysis, 2021 & 2030
Fig. 17 Competition Categorization
FIG. 18 Company Market Positioning
Fig. 1 Market snapshot
Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market Research Approaches - Bottom-Up Approach
Fig. 5 Market Research Approaches - Top-Down Approach
Fig. 6 Market Research Approaches - Combined Approach
Fig. 7 Segmental Outlook
Fig. 8 Segmental Outlook
Fig. 9 Competitive Outlook
Fig. 10 Penetration & growth prospect mapping
Fig. 11 Value chain analysis
Fig. 12 Market Dynamics
Fig. 13 Market Driver Impact Analysis
Fig. 14 Market Restraint Impact Analysis
Fig. 15 U.S. Terrazzo Market: Application Movement Analysis, 2021 & 2030
Fig. 16 U.S. Terrazzo Market: Application Movement Analysis, 2021 & 2030
Fig. 17 Competition Categorization
FIG. 18 Company Market Positioning