The global Underlayment market was valued at US$ 927 million in 2020 and it is expected to reach US$ 1364.1 million by the end of 2027, growing at a CAGR of 4.8% during 2021-2027.
Underlayment is the layer of material directly beneath your floor covering. If you were to tear up the flooring in your home, you would likely find many layers. When you removed the floor covering, also called the finish floor, you’d expose the underlay. Remove that, and you would find a subfloor such as OSB (oriented strand board), plywood or concrete. A moisture and/or vapor barrier might be found among the layers too, especially in basement flooring, or the underlay might include a barrier in its construction.
The key players of Underlayment include Leggett & Platt, James Hardie, etc. The top three players of Underlayment account for approximately 20% of the total market. North America is the largest market of Underlayment accounting for about 31% followed by Asia-Pacific and Europe. In terms of Type, CBU is the largest segment, with a share about 28%. And in terms of Application, the largest application is Tile Flooring, followed by Laminate Flooring.
Global Underlayment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Underlayment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are USG, James Hardie, Leggett & Platt, National Gypsum, Custom Building, QEP, MP Global, Swiss Krono, AcoustiCORK, Manton, Pak-Lite, Sealed-Air, Foam Products, Ultimate Rb, Patriot Timber, Changzhou Highsun Decorative Material, Schluter Systems and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-underlayment-market-research-report
Segment by Type
Segment by Application
- Tile Flooring
- Laminate Flooring
- Vinyl Flooring
- Carpet Flooring
- Hardwood Flooring
Table of Content:
1 Underlayment Market Overview
2 Underlayment Market Competition by Manufacturers
3 Underlayment Retrospective Market Scenario by Region
4 Global Underlayment Historic Market Analysis by Type
5 Global Underlayment Historic Market Analysis by Application
6 Key Companies Profiled
7 Underlayment Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Underlayment Market Dynamics
10 Global Underlayment Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.