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.

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. The Decno Group is considered to be the market leader with a 9% market share in sales.

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Market Analysis and Insights: Global Stone Plastic Composite Flooring Market

"In 2020, the global Stone Plastic Composite Flooring market size was US$ 2976.2 million and it is expected to reach US$ 11300 million by the end of 2027, with a CAGR of 21.0% during 2021-2027."

Global Stone Plastic Composite Flooring Scope and Market Size:

Stone Plastic Composite Flooring market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Stone Plastic Composite Flooring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Stone Plastic Composite Flooring market is segmented into:

Recycled PVC Type
Non-recycled PVC Type
Recycled PVC is a discarded PVC product, or semi-finished products. GIR analysts pointed out that in the global market, especially in the Chinese market, some manufacturers use recycled PVC to produce SPC flooring.

Polyvinyl chloride comprises vinyl chloride monomers through polymerization. Some of these monomers exist in a gaseous form which may be toxic to human beings but the end product, the PVC polymer is safe to people. Chinese manufacturers like to call SPC flooring. In Europe and United States it is referred to as the luxe plank with rigid core. Like Coretec luxe plank with rigid core flooring. It is an environmentally friendly decoration material resistant to wear, waterproof and to fire. There is grinding of the stone into powder before being mixed with polyvinyl chloride. The resultant product is resilient and durable in addition to having attractive patterns and colors which can be used in decoration whether at home, office or any other place.

Segment by Application, the Stone Plastic Composite Flooring market is segmented into:

Residential Use
Commercial
Regional and Country-level Analysis:

North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape and Stone Plastic Composite Flooring Market Share Analysis:

Stone Plastic Composite Flooring market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Stone Plastic Composite Flooring product introduction, recent developments, Stone Plastic Composite Flooring sales by region, type, application and by sales channel.
The major companies include:

Decno Group
Armstrong
Mohawk
Mannington Mills
Tianzhen Bamboo Flooring
Zhejiang Oufei New Material
Zhejiang Walrus New Material
Zhejiang Kingdom
Chengdu Luke
Dajulong Kaman
Zhejiang GIMIG Technology
NewBetter Building Materials
Zhengfu Plastic
Zhejiang Qide New Materials
Jiangsu Zhengyoung Flooring
Chenxing
Reasons to Purchase Our Research Report:

Analyzing the outlook of the market with the recent trends and SWOT analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 Stone Plastic Composite Flooring Product Introduction
1.2 Market by Type
1.2.1 Global Stone Plastic Composite Flooring Market Size Growth Rate by Type
1.2.2 Recycled PVC Type
1.2.3 Non-recycled PVC Type
1.3 Market by Application
1.3.1 Global Stone Plastic Composite Flooring Market Size Growth Rate by Application
1.3.2 Residential Use
1.3.3 Commercial
1.4 Study Objectives
1.5 Years Considered

2 Executive Summary
2.1 Global Stone Plastic Composite Flooring Market Size Estimates and Forecasts
2.1.1 Global Stone Plastic Composite Flooring Revenue 2016-2027
2.1.2 Global Stone Plastic Composite Flooring Sales 2016-2027
2.2 Stone Plastic Composite Flooring Market Size by Region: 2021 Versus 2027
2.3 Stone Plastic Composite Flooring Sales by Region (2016-2027)
2.3.1 Global Stone Plastic Composite Flooring Sales by Region: 2016-2021
2.3.2 Global Stone Plastic Composite Flooring Sales Forecast by Region (2022-2027)
2.3.3 Global Stone Plastic Composite Flooring Sales Market Share by Region (2016-2027)
2.4 Stone Plastic Composite Flooring Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Stone Plastic Composite Flooring Revenue by Region: 2016-2021
2.4.2 Global Stone Plastic Composite Flooring Revenue Forecast by Region (2022-2027)

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