SPC, which stands for Stone Plastic (or Polymer) Composite, features a core that is typically comprised of around 60% calcium carbonate (limestone), polyvinyl chloride and plasticizers. SPC Flooring, also known as Rigid Core Vinyl Flooring, is the newest generation of vinyl floors. Built with a stone plastic composite core, SPC Flooring is virtually indestructible and has a unique resilience that allows for a tremendous amount of versatility that no other category possesses. It is 100% waterproof, fire-resistant, radiant heat compatible, and scratch resistant, thus it can be installed in any room that is susceptible to moisture and temperature fluctuations.
This report contains market size and forecasts of Stone Polymer Composite (SPC) Flooring in global, including the following market information:
Global Stone Polymer Composite (SPC) Flooring Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Stone Polymer Composite (SPC) Flooring Market Sales, 2017-2022, 2023-2028, (K sqm)
Global top five Stone Polymer Composite (SPC) Flooring companies in 2021 (%)
The global Stone Polymer Composite (SPC) Flooring market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
DIY Installation Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Stone Polymer Composite (SPC) Flooring include Armstrong Flooring, Decno Group, CFL Flooring, Zhejiang Oufei New Material, Zhengfu Plastic, Zhejiang GIMIG Technology, Chenxing Group, Hiking Group and Shanghai 3C Industrial, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Stone Polymer Composite (SPC) Flooring manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Stone Polymer Composite (SPC) Flooring Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Stone Polymer Composite (SPC) Flooring Market Segment Percentages, by Type, 2021 (%)
DIY Installation
Professional Installation
Global Stone Polymer Composite (SPC) Flooring Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Stone Polymer Composite (SPC) Flooring Market Segment Percentages, by Application, 2021 (%)
Commercial Use
Residential Use
Global Stone Polymer Composite (SPC) Flooring Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Stone Polymer Composite (SPC) Flooring Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Stone Polymer Composite (SPC) Flooring revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Stone Polymer Composite (SPC) Flooring revenues share in global market, 2021 (%)
Key companies Stone Polymer Composite (SPC) Flooring sales in global market, 2017-2022 (Estimated), (K sqm)
Key companies Stone Polymer Composite (SPC) Flooring sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Armstrong Flooring
Decno Group
CFL Flooring
Zhejiang Oufei New Material
Zhengfu Plastic
Zhejiang GIMIG Technology
Chenxing Group
Hiking Group
Shanghai 3C Industrial
Changzhou Aipu Decorative Materials
Changzhou Lingdian
NewBetter Building Materials
Tops Flooring
Yestrong
Jining Luxing Plates
MUCHSEE Wood
Jiangsu Zhengyoung Flooring