Vinyl Composition Tile (VCT) Market Size, Share, By Type (Single Layer, and Multilayer), By Application (Residential, and Commercial), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

An Increase in Renovation and Construction Projects:

The expansion of the business sector, which includes offices, retail stores, and healthcare facilities., fuels the need for VCT because it is practical and affordable. The growing emphasis on remodeling and refurbishing existing structures, especially for single-layer or less expensive solutions., creates opportunities for VCT sales. In addition, there is a growing need for VCT as an affordable and long-lasting flooring option in emerging economies due to rising urbanization and infrastructure development projects.