Europe Flooring Materials Market is expected to grow with the CAGR of 7.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Europe Flooring Materials market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Europe Flooring Materials market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In June 2019, Milliken & Company signed an agreement for the acquisition of Polartec. The company is engaged in the production of flooring materials. The acquisition expanded the company’s regional manufacturing reach and established itself in the global market. This development helps the company to increase revenue. In 2019 April, D&W Fine Pack planned to optimize manufacturing operations by consolidating San Bernardino, CA manufacturing facility into a sister plant located in Fort Wayne, IN. This development helps the company to increase revenue and production capacity.
- In February 2018, Gerflor entered into a binding agreement to acquire DLW’s linoleum activities. This development includes the take-over by Gerflor of the manufacturing plant in Delmenhorst, Germany as well as a part of the company’s sales force and support functions which helps the company to increase revenue.
Q.E.P. Co., Inc.
Q.E.P. Co., Inc. headquartered in Florida, U.S. as public ownership and founded in 1979. The company is engaged in manufacturing of flooring and industrial solutions. The company has brand categories which are QEP, Roberts, Capitol, Harris Wood, Faus floor, Homelux, TileRite, Nupla, HISCO, Ludell, Vitrex, Plasplugs, PRCI, Porta-Nails, Tomecanic, Bénètiere and Elastiment, out of which our market focused categories are Harris Wood, Vitrex, Capitol, FausFloor and TileRite.
The company has wide global presence across the North America, South America, Europe and Asia-Pacific. The company has subsidiaries which Boiardi Products Corp. (U.S.), Q.E.P. Aust. Pty. Limited (Australia), Q.E.P. Germany GmbH (Germany), Robert Company Canada Limited (Canada), Q.E.P. Co. U.K. Ltd (U.K.), Q.E.P. Co., HK Limited (China) and others
- In 2018 April, Q.E.P. Co., Inc. acquired PR Floors Pty Ltd. based in Australia in order to expand its business through the whole Queensland strengthening its geographical stretch and operating areas. The acquisition will help the company increase its product portfolio thus enhancing its shares and profits.
Mannington Mills, Inc.
Mannington Mills, Inc. headquartered in New Jersey, U.S. and it was founded in year 1915 as private ownership. The company is engaged in manufacturing and marketing of different types of materials for floors. The company offers product categories such as residential and commercial which are also our market focused category. The company has presence in U.S., Canada and Europe. The company has subsidiaries which are Burke Industries, Inc. (U.S.), Amtico International (U.K.), Mannington Carpets, Inc. (U.S.) and Amtico Holdings Ltd. (U.K.)
- In 2019 May, Mannington Mills, Inc. signed a partnership with New Jersey Non-Profit in order to provide residents and quality services to the adult group age population namely East House. The project would provide home to the individuals with intellectual and developmental disabilities with their families. The project will help create a good brand image for the company.
The Euclid Chemical Company
The Euclid Chemical Company is headquartered in Ohio, U.S. as private ownership which was founded in 1910. The company is engaged in production and manufacturing of cement and masonry materials along with bonding agents and sealers. The company offers various products such as Admixtures, Construction Products, Concrete Fibers, Decorative Products and Underground Construction Products, out of which decorative products is our market focused category. The company has presence Americas, Europe and Asia-Pacific
- In 2018 December, The Euclid Chemical Company organized its own educational seminar namely World of Concrete in which raw materials, quality control and aspects of mix design, concrete rheology and admixtures will be covered entirely and also EUI credits will be provided to the companies attending the seminar.
