PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1786596
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1786596
Global Floor Screeds Market to Reach US$18.6 Billion by 2030
The global market for Floor Screeds estimated at US$14.0 Billion in the year 2024, is expected to reach US$18.6 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2024-2030. Bonded screed, one of the segments analyzed in the report, is expected to record a 3.2% CAGR and reach US$6.7 Billion by the end of the analysis period. Growth in the Unbonded screed segment is estimated at 6.1% CAGR over the analysis period.
The U.S. Market is Estimated at US$3.8 Billion While China is Forecast to Grow at 7.4% CAGR
The Floor Screeds market in the U.S. is estimated at US$3.8 Billion in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.4% and 4.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Global Floor Screed Market - Key Trends & Drivers Summarized
Why Is the Demand for Floor Screed Growing in the Construction Industry?
Floor screed is a crucial component in modern construction, providing a smooth and durable surface for flooring installations in residential, commercial, and industrial buildings. The increasing demand for high-quality, level flooring in luxury housing, commercial complexes, and industrial facilities is driving the adoption of advanced floor screed solutions. Additionally, the rising trend of underfloor heating systems is fueling demand for specialized screed materials that enhance thermal efficiency. As contractors seek faster-drying, self-leveling, and high-strength screed formulations, manufacturers are innovating with new materials and application techniques. The expansion of green building initiatives is also pushing the market toward eco-friendly, low-carbon screed alternatives.
What Technological Advancements Are Improving Floor Screed?
Innovations in polymer-modified screed, self-compacting formulations, and AI-driven mixing technologies are enhancing the performance and application efficiency of floor screed. The development of fiber-reinforced screed is improving crack resistance and load-bearing capacity, making it suitable for high-traffic areas. AI-powered mixing stations are enabling precise formulation adjustments, ensuring consistent quality and faster setting times. Additionally, the introduction of quick-drying, moisture-resistant screed is reducing construction timelines, making it ideal for rapid renovation projects. The rise of 3D-printed construction technology is also influencing screed application methods, improving precision and material efficiency. These technological advancements are making floor screed more durable, versatile, and environmentally sustainable.
How Are Regulations and Market Trends Influencing Floor Screed?
Building codes and regulatory standards, such as EN 13813 in Europe and ASTM guidelines in North America, are shaping the floor screed market by ensuring compliance with strength, durability, and fire resistance requirements. The increasing demand for sustainable construction materials is driving the development of low-carbon, recycled-content screed formulations. Additionally, the growing adoption of prefabricated and modular construction methods is influencing the use of self-leveling screed to enhance flooring consistency in factory-built structures. The rising focus on aesthetic flooring finishes is also pushing demand for decorative screed solutions in luxury and commercial interiors. As sustainability and efficiency take center stage in construction, floor screed manufacturers are prioritizing performance-driven and eco-friendly innovations.
What’s Driving the Future Growth of the Floor Screed Market?
The future of floor screed is being shaped by AI-powered material formulation, the expansion of self-healing concrete technology, and the rise of 3D-printed flooring solutions. The increasing use of automated screed application robots in large-scale construction projects will further enhance efficiency and precision. The development of self-healing screed, capable of repairing minor cracks using nanotechnology, will improve durability and reduce maintenance costs. Additionally, the shift toward carbon-negative construction materials will encourage the use of bio-based and recycled screed formulations. As construction technologies evolve, floor screed will remain a fundamental element in delivering high-quality, long-lasting flooring solutions.
SCOPE OF STUDY:
The report analyzes the Floor Screeds market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Type (Bonded screed, Unbonded screed, Floating screed, Heated screed); Application (Residential, Non-Residential)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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