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The underlayment is a layer between the subfloor and the floor. The materials such as recycled plastic, foam, sponge rubber, crumb rubber, and felt are used to form underlayment. It is used to provide comfort underfoot and reduces the wear on the carpet. Furthermore, on the new floor, the underlayment adds warmth & softness and increases longevity by protecting from friction. It offers vapor barrier functionality, thermal insulation, crush-resistant, and highly indentation resistance. These benefits of underlayment surge its demand in various application such as tіlе flооrіng, lаmіnаtе flооrіng, hаrdwооd flооrіng, саrреt flооrіng, and vinyl flооrіng.
Rising demand for cork underlayment in the construction industry will fuel the underlayment market expansion. The cork underlayment material is light weighted and extremely durable. It provides a cushioning effect, which makes the floor much more comfortable walking and standing on. Furthermore, the natural resistance of cork aids to eliminate the permanent dents or deformities, which is mainly caused by falling objects or heavy objects resting on the floor. It provides better sound insulation and resistance to moisture and heat. These factors increase the demand for cork underlayment in the construction industry, which further fuel underlayment market growth.
However, many consumers are unaware of the underlayment and its benefits, which act as a restrain in the adoption of the product. Hence, this is anticipated to hamper the market growth.
Key Market Driver -
Rising demand for cork underlayment in the construction industry to drive the market growth
Key Market Restraint -
Consumer unawareness for underlayment to restrict the market growth
Based on type, the underlayment market is segmented into foam, felt, polyethylene, rubber, cork, plywood,and others. Based on application, the market is segmented into tіlе flооrіng, lаmіnаtе flооrіng, наrdwооd flооrіng, саrреt flооrіng, аnd vіnуl flооrіng, and others. Based on end-use, the market is segmented into residential buildings and commercial buildings. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The key players in the underlayment market includes Rubber Flooring Inc., Amorim Cork Composites S.A, Bestlaminate, Sound Seal, WE Cork Inc., Alpha Pro Tech, Ltd., Kinetics Noise Control Inc., ACG Materials, TORLYS Inc., Mayur Wovens Private Limited, G.A.P. Roofing Inc., Interfloor, and Tarco.
In the underlayment market, the Asia Pacific is anticipated to witness significant growth during the review period. The growth is attributed to the rising demand for cork underlayment in the tile and vinyl flooring. In Europe, Germany, UK, and France are the leading consuming countries, due to the rapidly growing construction industry, which further increases the demand for polyethylene and rubber underlayments. The rising product demand in the laminate flooring will fuel the market in North America. The Middle East & Africa is anticipated to witness sustainable growth, due to the expansion of the construction industry, which fuels the product demand in the residential and commercial buildings.
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