Global Finger-Joint Molding Market by Joint Type (Splice, Butt, Finger, 45 Degree Mitter Joint, Dado) By Application (Window, Door, Floor), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Booming residential and industrial sectors have significantly impacted market expansion prospects for the finger-joint molding industry across multiple regions

Market.US announces publication of its most recently generated research report titled, “Global Finger-Joint Molding Market by Joint Type (Splice, Butt, Finger, 45 Degree Mitter Joint, and Dado) By Application (Window, Door, Floor, Other Applications)– Global Forecast to 2031”, which offers a holistic view of global finger-joint moulding market through systematic segmentation that covers every aspect of the target market.

Global finger-joint Molding market is projected to be US$ 12,952.3 Mn in 2021 to reach US$ 26,965.3 Mn by 2031 at a CAGR of 7.7%.

A strip of material with a varied profile that is used to cover transitions between surfaces and for ornamentation purposes, is known as molding. These are made up of solid milled wood or plaster, and are commonly used to curve marble and other types of stone surfaces that are commonly used in buildings and for sculptures. Stone, wood, and cement have been used to create decorative moldings.

Molding is a common technique used in residential as well as commercial construction applications in order to improve the aesthetics of various infrastructure. The structure of most molding is generally narrow in shape and is often trimmed down to a particular length as per a given application. Moldings come in a variety of materials and designs, ranging from sophisticated accent and crown molding to the classic elegance found even among conventional molding types.

Molding includes products such as baseboards, crown moldings, window casings, chair rails, door casings, wainscotings, boards & battens, etc. Molding products are in the form of various wood joints such as transparent, finger-jointed, flexible moldings, solid jamb, and split-jamb.

Global Finger-Joint Molding Market Revenue (US$ Mn), 2021–2031

Increased urbanization and government investments in upgrading existing infrastructures, and developing the construction sector as a whole, in both developing as well as developed countries, are elements that are boosting the subsequent demand for novel and efficient construction materials. This factor is expected to have a profound influence on the revenue growth on this market.

Customers are now more keen on including various contemporary and classic-type designs aspects to both the interiors and exteriors of their respectively owned infrastructures. This is in turn leading to an increase in the adoption of finger-joint moldings for various construction purposes, which is expected to further augment the revenue trajectory of this industry as a whole.

The COVID-19 crisis has adversely affected several global industries, in particular, the construction industry. A large number of supply stores were forced to close down, which in turn affected product sales during the first quarter of 2020. This has had a detrimental economic impact for both manufacturers and retailers in this given industry.

Global Finger-Joint Molding Market Attractiveness Analysis by Joint Type, 2015–2031

The global finger-joint molding is segmented on the basis of joint type, application, and by region. Under the joint type market segmentation, the finger joint sub-segment is expected to account for the majority revenue share of this target industry. In terms of applications segmentation, the floor applications sub-segment is expected to generate a major share over the forecast period.

On the basis of regions, the North America market is projected to account for a majority share, in terms of revenue, of the global finger-joint molding market, and is projected to maintain its respective market position over the forecast period.

The research report on global finger-joint molding market includes profiles of some of the major companies such:-

• Empresas Copec SA
• UFP Industries Inc.
• Masisa SA
• Alexandria Moulding Inc.
• Kokpārstrāde 98
• Sunset Moulding
• Pyramid Timber Associates Pvt. Ltd.
• Powell Valley Millwork LLC.
• Other Key Players

Segmentation for Global Finger-Joint Molding Market Based on Joint Type, Application, and Region

Based on Joint Type

• Splice
• Butt
• Finger
• 45 Degree Mitre Joint
• Dado

Based on Application

• Window
• Door
• Floor
• Other Applications

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• The Middle-East & Africa

For the Finger-Joint Molding Market research study, the following years have been considered to estimate the market size: