SPC stands for Stone Polymer Composite, a limestone core combined with PVC dust and a stabilizer. As a result, it's denser due to the core being 60-70% limestone with a 30% PVC core fused together. Often referred to as rigid core, SPC is 10X more impact resistant than WPC. It's also more stable to sunlight, can be installed in sunrooms, and has better scratch resistance compared to WPC.
According to our (Global Info Research) latest study, the global Stone Plastic Composite (SPC) Flooring market size was valued at USD 2424.9 million in 2022 and is forecast to a readjusted size of USD 6925.2 million by 2029 with a CAGR of 16.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry is relatively fragmented and the main players are located in China and the United States. Decno Group, Armstrong, Mohawk, Mannington Mills, Tianzhen Bamboo Flooring, Zhejiang Oufei New Material, Zhejiang Walrus New Material and Zhejiang Kingdom are considered to be the main players in the industry. Tianzhen Bamboo Flooring is considered to be the market leader with a 9% market share in sales.In terms of product, non-recycled PVC type is the largest segment, with a share over 95%. And in terms of application, the largest application is residential use, followed by commercial use.
This report is a detailed and comprehensive analysis for global Stone Plastic Composite (SPC) Flooring market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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This report profiles key players in the global Stone Plastic Composite (SPC) Flooring market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tianzhen Bamboo Flooring, Zhejiang Walrus New Material, CFL Flooring, Zhejiang Kingdom and Novalis, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segment by Type
Recycled PVC Type
Non-recycled PVC Type
Market segment by Application
Residential Use
Commercial Use
Major players covered
Tianzhen Bamboo Flooring
Zhejiang Walrus New Material
CFL Flooring
Zhejiang Kingdom
Novalis
Zhejiang GIMIG Technology
Mohawk
Taizhou Huali New Materials
Decno Group
Mannington Mills
Zhejiang Oufei New Material
Snmo LVT
Armstrong Flooring
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Stone Plastic Composite (SPC) Flooring
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Stone Plastic Composite (SPC) Flooring product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Stone Plastic Composite (SPC) Flooring, with price, sales, revenue and global market share of Stone Plastic Composite (SPC) Flooring from 2018 to 2023.
Chapter 3, the Stone Plastic Composite (SPC) Flooring competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Stone Plastic Composite (SPC) Flooring breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Stone Plastic Composite (SPC) Flooring market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Stone Plastic Composite (SPC) Flooring.
Chapter 14 and 15, to describe Stone Plastic Composite (SPC) Flooring sales channel, distributors, customers, research findings and conclusion.
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