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Self-Level Screeding System Market - Global Opportunity Analysis and Industry Forecast, 2020 –2027
| A08096 | Pages: NA | Feb 2021 | 37 Views | | |
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COVID-19
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Self-level screeding systems are sed to form a level surface on bases such as tiles, carpet, wood floorings, floor epoxy paints, and natural stone. It is a system which is often used to encase underfloor heating pipes and as a finishing product on top of a hard concrete or polymer base. Self levelling pumpable screeds are used to renovate damaged and uneven industrial floors. They have their usage in correcting system Using the correct system large production areas and access aisles are returned to service rapidly. Typically up to 2000 square meters can be pumped and laid in one day. Using combined systems 50mm depth screeds are possible. Self- level screeding helps as a loading layer, which offers additional strength and flatness to the floor system. Self- level screed is mainly available in two forms: flowable and pumpable. Self- level screeding systems are commonly used to level floor levelling compounds, which are mainly cementitious and latex. In addition, self- level screeding systems are used to level pour substrates or the final layer on top of a screed, so as to enable easy fixing of tiles or vinyl on the floor. Self- level screeding systems are highly useful in providing a smooth substrate on which to lay the final aesthetic layer. Self-level screeding has become popular across the world due to growing demand for rapid building construction and better working conditions. Self-level screed is a high performance epoxy leveling compound, which can be installed to any thickness for a smooth and dust free surface.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (US$ Millions) |
Segments covered | Type, Distribution channel, Application, and Region |
Geographies covered | North America (US and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific), LAMEA (Latin America, Middle East, and Africa) |
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Covid -19 impact on industry -
COVID-19 pandemic has shut-down the production of various products in the self level screeding system market industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of self-level screeding system market significantly from last few months, as is likely to continue during 2020.
COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.
The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few
months, after which the players would have to modify their investment plans.
Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
The main purpose of this self level screeding system market is levelling of surface and for renovating damaged floors and its high demand is the reason that act as its driving factor.
rapid growth in commercialization and industrialization
The global self-level screeding systems market is projected to expand significantly in the near future due to rapid growth in commercialization and industrialization in developed and developing countries. as in this increasing industrialization era there is huge rise in demand of these self levelling screeding system as it makes work feasible and more easy going . residential applications are endorsed to drive the demand for self-leveling screeding systems during the forecast period.
Rise in construction activities in developing nations
Rise in construction activities in developing nations is the major factor expected to drive the demand for self-level screeding systems during the forecast period. However, high cost of self-level screeding systems and low awareness in underdeveloped countries in Africa and Asia restrains the self-level screeding systems market.
Key segments covered:
Segments | Sub-segments |
Screed type |
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Distribution channel |
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Application |
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Key benefits of the report:
- This study presents the analytical depiction of the as self level screeding systems market along with the current trends and future estimations to determine the future of the market
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the self level screeding market share.
- The current market is quantitatively analyzed from 2020 to 2027 to self level screeding system market growth scenario.
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