Market Overview:
The Global Terrazzo Finish Grinder Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for terrazzo flooring and rising construction spending across the globe. In terms of type, the hydraulic finish grinder segment is projected to lead the market during the forecast period, owing to its high efficiency and low maintenance cost as compared to other types of finish grinders. By application, building materials factory segment accounted for majority share in 2017 and is projected to maintain its dominance during the forecast period.
Product Definition:
A terrazzo finish grinder is a tool used to create a smooth, even surface on terrazzo floors. The importance of using a terrazzo finish grinder is that it produces a high-quality, durable surface that is resistant to staining and scratching.
Hydraulic Finish Grinder:
The hydraulic finish grinder is used to grind the surface of terrazzo flooring and produces a smooth finished surface. The product is widely used in commercial and residential applications such as retail stores, showrooms, hotels, hospitals & clinics among others. It offers an easy method for grinding large areas quickly making it ideal for high volume production with minimum wastage.
Mechanical Finish Grinder:
The mechanical finish grinder is used to grind the terrazzo flooring material into very fine dust. The Terrazzo flooring is made up of individual blocks that are joined together by a network of wires and held in place with a special adhesive. This network of interlocking tiles gives the appearance of solid marble floors and can be installed in any type or style room.
Application Insights:
Building materials factory was the largest application segment in 2017 and accounted for a market share of more than 60%. The demand is generally higher in urban areas compared to rural areas. Building materials manufactured from natural stones have been around for centuries, whereas the use of concrete has only become popular over the last few hundred years.
The popularity of stone veneers as an alternative to traditional wood or composite paneling has resulted in increased consumption of finished products such as countertops, floorings and niche applications such as shower walls and niche roofs. In addition, rising awareness regarding environment conservation coupled with shifting consumer preferences towards green building construction is expected to propel product demand over the forecast period.
Other applications includedecorate (terrazzo) floors/slabs/surfaces in airports, hotels & restaurants, malls & shopping centers among others.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for decorative flooring from residential and commercial applications. Moreover, rising construction activities in U.S.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing its rapidly expanding construction industry coupled with rising disposable income levels among consumers in developing countries such as China.
Europe also accounted for a significant share of global revenue in 2017 due primarily architectural Terrazzo Floors which have been gaining popularity among home owners as well as interior designers across Germany, France Italy, Spain.
Growth Factors:
- Increasing demand for flooring in commercial and residential spaces
- Rising disposable income of consumers
- Growing popularity of terrazzo finish among architects and designers
- Technological advancements in grinding equipment that offer better performance and efficiency
- Rising awareness about the benefits of terrazzo finish among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Terrazzo Finish Grinder Market Research Report
By Type
Hydraulic Finish Grinder, Mechanical Finish Grinder, Electric Finish Grinder
By Application
Building Materials Factory, Decorate, Other
By Companies
Klindex, NewGrind, Samich, Terrco, Husqvarna, Norton, DK Holdings Ltd, Cedima, Schwamborn GmbH, TOP-WERK GmbH, Klindex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Terrazzo Finish Grinder Market Report Segments:
The global Terrazzo Finish Grinder market is segmented on the basis of:
Types
Hydraulic Finish Grinder, Mechanical Finish Grinder, Electric Finish Grinder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building Materials Factory, Decorate, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Klindex
- NewGrind
- Samich
- Terrco
- Husqvarna
- Norton
- DK Holdings Ltd
- Cedima
- Schwamborn GmbH
- TOP-WERK GmbH
- Klindex
Highlights of The Terrazzo Finish Grinder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydraulic Finish Grinder
- Mechanical Finish Grinder
- Electric Finish Grinder
- By Application:
- Building Materials Factory
- Decorate
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Terrazzo Finish Grinder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Terrazzo Finish Grinder is a machine that is used to grind terrazzo.
Some of the major players in the terrazzo finish grinder market are Klindex, NewGrind, Samich, Terrco, Husqvarna, Norton, DK Holdings Ltd, Cedima, Schwamborn GmbH, TOP-WERK GmbH, Klindex.
The terrazzo finish grinder market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Terrazzo Finish Grinder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Terrazzo Finish Grinder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Terrazzo Finish Grinder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Terrazzo Finish Grinder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Terrazzo Finish Grinder Market Size & Forecast, 2020-2028
4.5.1 Terrazzo Finish Grinder Market Size and Y-o-Y Growth
4.5.2 Terrazzo Finish Grinder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hydraulic Finish Grinder
5.2.2 Mechanical Finish Grinder
5.2.3 Electric Finish Grinder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Building Materials Factory
6.2.2 Decorate
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Terrazzo Finish Grinder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Terrazzo Finish Grinder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hydraulic Finish Grinder
9.6.2 Mechanical Finish Grinder
9.6.3 Electric Finish Grinder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Building Materials Factory
9.10.2 Decorate
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hydraulic Finish Grinder
10.6.2 Mechanical Finish Grinder
10.6.3 Electric Finish Grinder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Building Materials Factory
10.10.2 Decorate
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hydraulic Finish Grinder
11.6.2 Mechanical Finish Grinder
11.6.3 Electric Finish Grinder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Building Materials Factory
11.10.2 Decorate
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hydraulic Finish Grinder
12.6.2 Mechanical Finish Grinder
12.6.3 Electric Finish Grinder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Building Materials Factory
12.10.2 Decorate
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hydraulic Finish Grinder
13.6.2 Mechanical Finish Grinder
13.6.3 Electric Finish Grinder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Building Materials Factory
13.10.2 Decorate
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Terrazzo Finish Grinder Market: Competitive Dashboard
14.2 Global Terrazzo Finish Grinder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Klindex
14.3.2 NewGrind
14.3.3 Samich
14.3.4 Terrco
14.3.5 Husqvarna
14.3.6 Norton
14.3.7 DK Holdings Ltd
14.3.8 Cedima
14.3.9 Schwamborn GmbH
14.3.10 TOP-WERK GmbH
14.3.11 Klindex
