PUBLISHER: SkyQuest | PRODUCT CODE: 1911696
PUBLISHER: SkyQuest | PRODUCT CODE: 1911696
Global Floor Screed Market size was valued at USD 14.5 Billion in 2024 and is poised to grow from USD 15.45 Billion in 2025 to USD 25.77 Billion by 2033, growing at a CAGR of 6.6% during the forecast period (2026-2033).
The global floor screed market is experiencing rapid growth fueled by a robust construction and infrastructure surge, particularly in the Asia Pacific region, where governmental initiatives and urban renewal projects elevate the demand for durable, high-performance flooring solutions. Both new constructions and renovations are witnessing significant investment, driven by the need for strength, smooth finishes, quick installation, and enhanced serviceability. Technological advancements in product offerings, including self-leveling and fast-setting screeds, as well as lightweight and specially formulated mixtures for underfloor heating and insulation, are becoming increasingly popular for their efficiency. Additionally, rising sustainability concerns and stricter regulations are prompting manufacturers to create environmentally friendly screeds using recycled materials while emphasizing product consistency and adaptability across various residential, commercial, and industrial applications.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Floor Screed market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Floor Screed Market Segments Analysis
Global Floor Screed Market is segmented by Screed Type, Material Type, End-Use, Thickness Category and region. Based on Screed Type, the market is segmented into Bonded Screed, Un-bonded Screed, Floating Screed, Flowing / Liquid Screed and Heated Screed / Underfloor-Heating Screed. Based on Material Type, the market is segmented into Cementitious Screed, Calcium Sulfate (Anhydrite) Screed, Synthetic Resin Screed and Sulfate-Free / Specialty Screeds. Based on End-Use, the market is segmented into Residential Construction, Commercial Construction, Industrial Facilities and Infrastructure / Public Works. Based on Thickness Category, the market is segmented into Less than 30 mm, 30-60 mm and Above 60 mm. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Floor Screed Market
The increasing investments in infrastructure, housing, and commercial developments, especially in emerging markets and the Asia-Pacific region, have significantly fostered growth in the global floor screed market. As urban areas expand and modernize, the demand for reliable and durable floor screeds has surged, as they create a seamless and robust foundation for underlayment and floor finishes. This shift reflects the need to accommodate rapid urbanization across various economic sectors, highlighting the essential role of floor screeds in supporting large-scale construction projects and enhancing the quality and longevity of flooring solutions.
Restraints in the Global Floor Screed Market
The global floor screed market faces significant challenges due to the fluctuations in prices of essential raw materials such as cement, sand, and chemical additives. When the costs of these inputs rise, manufacturers may experience squeezed profit margins, which can lead to higher project budgets and overall uncertainty. This unpredictability can hinder investment choices, especially in competitive and price-sensitive segments of the construction industry. As a result, businesses may find it difficult to plan and execute projects effectively, potentially stalling growth and innovation within the sector. Addressing these volatility issues is crucial for sustaining a healthy market environment.
Market Trends of the Global Floor Screed Market
The Global Floor Screed market is experiencing a significant shift towards sustainability and eco-friendly solutions, reflecting a broader trend in the construction industry. Manufacturers are increasingly developing eco screeds utilizing recycled materials and low-carbon formulations to meet stringent environmental standards and cater to the rising consumer demand for green building products. This focus on sustainability not only minimizes environmental impact but also aligns with global initiatives aimed at fostering sustainable infrastructure and energy-efficient solutions. As stakeholders prioritize environmentally conscious practices, the market is poised for growth, driven by innovations that support both performance and ecological responsibility in flooring solutions.