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At a CAGR of 6.4% between 2023 and 2030, the global industrial flooring market is expected to expand from its 2022 valuation of $7.19 billion to a final total of $13.50 billion.
The purpose of industrial flooring is to enhance the floor's visual appeal by changing its color, texture, and pattern. They require nothing in the way of upkeep, endure a long time, are antimicrobial, and can withstand a wide range of environmental conditions. Industrial flooring is designed to withstand the rigors of the workplace, therefore it is waterproof and nonslip. They are widespread in commercial places including gyms, offices, factories, and hotels.
Industrial flooring is predicted to rise as a result of rising demand from the food and beverage sector, where it is used to protect concrete from chemical reactions during production. Rising consumer and government spending in the food and beverage sector, especially in India, China, and the United States, is a major factor driving industrial flooring's expansion.
Market expansion of industrial flooring is anticipated to be boosted by the increasing enforcement of rules and regulations concerning the safety and hygiene of the workplace. Floors in the food sector must be kept clean, hygienic, and thoroughly disinfected in accordance with EU regulations 852/2004, 853/2004, and 854/2004. Additionally, products used for flooring should be non-absorbent, safe, and simple to clean.
Industrial flooring is expected to have a slower growth rate than conventional flooring because of its higher price. The market expansion of industrial flooring is also expected to be hampered by the availability of numerous tiles that can handle heavy-duty operations over the forecast period. It is anticipated that the product's adoption will be hampered by a lack of information regarding the benefits of the product among consumers and a lack of skilled labor for the industrial flooring application. As a result, this may slow the expansion of the industrial flooring industry in the future.
Asia-Pacific was the top revenue-generating region worldwide in 2021. The industrial flooring market is propelled by the incessant pursuit of new solutions and the rapid pace of industrialization in various regions of the Asia Pacific region. There has been a dramatic rise in the demand for commercial facilities including transportation, warehouses, and increasing industrial activity in SEZs. The industrial flooring market is expanding as a result of new concrete reinforcement and laying technologies. Strength and mobility are just two performance attributes that can benefit from your process of choice. In addition, there is increasing backing from the government; the creation of SEZs in China is just one example. However, North America is predicted to grow at the fastest rate in the industrial flooring market over the forecast period. This is because of the region's increasing rates of industrial construction, which in turn has been fueled by the fact that flooring in industrial facilities should portray performances that are a proper combination of quick install ability, aesthetics, economy, longevity, slip resistance, functionality, quality, durability, and moisture resistance. Additionally, technological development has greatly contributed to the growth of the regional market for industrial flooring. This is projected to increase the share of the North American industrial flooring market over the forecast period.
Hot oils, lipids, blood, sugar solutions, and natural food acids are just some of the food byproducts that can make their way onto the floor of a food processing facility. The floor could be severely damaged by some of these byproducts since they are caustic. In addition to this, there is a substantial possibility of microbial development as a result of spillage in the food and beverage business. Thus, these pollutants ultimately compromise the hygiene of processed foods. Epoxy, polyurethane, polyaspartic, and MMA are just some of the resins and coatings used in the food and beverage industry to provide a sanitary surface and prevent impurities from penetrating the concrete below.
Report Coverage
Global Industrial Flooring research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Industrial Flooring report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Industrial Flooring competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Industrial Flooring market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Industrial Flooring market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Industrial Flooring market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Fosroc, Inc., BASF SE, RPM International Inc., Twintec Group Limited, MAPEI S.p.A, VIACOR Polymer GmbH, Don Construction Products Ltd., Cornerstone Flooring, Sika AG, Cipy Polyurethanes Pvt. Ltd., Acrylicon, Applied Flooring, AVCON Technics Pvt. Ltd., 4m Europe, and East Coast Flooring Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Industrial Flooring market based on the below-mentioned segments:
Global Industrial Flooring Market, By Thickness
Light duty
Medium Duty
Heavy Duty
Global Industrial Flooring market, By Material
Epoxy
Polyaspartic
Polyurethane
Anhydrite
Others
Global Industrial Flooring Market, By End User
Chemical
Food and Beverages
Healthcare
Transportation and Aviation
Others
Global Industrial Flooring market, Regional Analysis
The purpose of industrial flooring is to enhance the floor's visual appeal by changing its color, texture, and pattern. They require nothing in the way of upkeep, endure a long time, are antimicrobial, and can withstand a wide range of environmental conditions. Industrial flooring is designed to withstand the rigors of the workplace, therefore it is waterproof and nonslip. They are widespread in commercial places including gyms, offices, factories, and hotels.
Industrial flooring is predicted to rise as a result of rising demand from the food and beverage sector, where it is used to protect concrete from chemical reactions during production. Rising consumer and government spending in the food and beverage sector, especially in India, China, and the United States, is a major factor driving industrial flooring's expansion.
Market expansion of industrial flooring is anticipated to be boosted by the increasing enforcement of rules and regulations concerning the safety and hygiene of the workplace. Floors in the food sector must be kept clean, hygienic, and thoroughly disinfected in accordance with EU regulations 852/2004, 853/2004, and 854/2004. Additionally, products used for flooring should be non-absorbent, safe, and simple to clean.
Industrial flooring is expected to have a slower growth rate than conventional flooring because of its higher price. The market expansion of industrial flooring is also expected to be hampered by the availability of numerous tiles that can handle heavy-duty operations over the forecast period. It is anticipated that the product's adoption will be hampered by a lack of information regarding the benefits of the product among consumers and a lack of skilled labor for the industrial flooring application. As a result, this may slow the expansion of the industrial flooring industry in the future.
Asia-Pacific was the top revenue-generating region worldwide in 2021. The industrial flooring market is propelled by the incessant pursuit of new solutions and the rapid pace of industrialization in various regions of the Asia Pacific region. There has been a dramatic rise in the demand for commercial facilities including transportation, warehouses, and increasing industrial activity in SEZs. The industrial flooring market is expanding as a result of new concrete reinforcement and laying technologies. Strength and mobility are just two performance attributes that can benefit from your process of choice. In addition, there is increasing backing from the government; the creation of SEZs in China is just one example. However, North America is predicted to grow at the fastest rate in the industrial flooring market over the forecast period. This is because of the region's increasing rates of industrial construction, which in turn has been fueled by the fact that flooring in industrial facilities should portray performances that are a proper combination of quick install ability, aesthetics, economy, longevity, slip resistance, functionality, quality, durability, and moisture resistance. Additionally, technological development has greatly contributed to the growth of the regional market for industrial flooring. This is projected to increase the share of the North American industrial flooring market over the forecast period.
Hot oils, lipids, blood, sugar solutions, and natural food acids are just some of the food byproducts that can make their way onto the floor of a food processing facility. The floor could be severely damaged by some of these byproducts since they are caustic. In addition to this, there is a substantial possibility of microbial development as a result of spillage in the food and beverage business. Thus, these pollutants ultimately compromise the hygiene of processed foods. Epoxy, polyurethane, polyaspartic, and MMA are just some of the resins and coatings used in the food and beverage industry to provide a sanitary surface and prevent impurities from penetrating the concrete below.
Report Coverage
Global Industrial Flooring research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Industrial Flooring report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Industrial Flooring competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Industrial Flooring market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Fosroc, Inc., BASF SE, RPM International Inc., Twintec Group Limited, MAPEI S.p.A, VIACOR Polymer GmbH, Don Construction Products Ltd., Cornerstone Flooring, Sika AG, Cipy Polyurethanes Pvt. Ltd., Acrylicon, Applied Flooring, AVCON Technics Pvt. Ltd., 4m Europe, and East Coast Flooring Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Industrial Flooring Market from 2021 to 2030.
- Market Forecast for Industrial Flooring Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Industrial Flooring competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Industrial Flooring
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Industrial Flooring market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Industrial Flooring market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Fosroc, Inc., BASF SE, RPM International Inc., Twintec Group Limited, MAPEI S.p.A, VIACOR Polymer GmbH, Don Construction Products Ltd., Cornerstone Flooring, Sika AG, Cipy Polyurethanes Pvt. Ltd., Acrylicon, Applied Flooring, AVCON Technics Pvt. Ltd., 4m Europe, and East Coast Flooring Ltd.
Primary Target Market
- Market Players of Industrial Flooring
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Industrial Flooring market based on the below-mentioned segments:
Global Industrial Flooring Market, By Thickness
Light duty
Medium Duty
Heavy Duty
Global Industrial Flooring market, By Material
Epoxy
Polyaspartic
Polyurethane
Anhydrite
Others
Global Industrial Flooring Market, By End User
Chemical
Food and Beverages
Healthcare
Transportation and Aviation
Others
Global Industrial Flooring market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive industrial flooring market market research and competitor analysis for your business to help you develop more profound insights into the industrial flooring market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the industrial flooring market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.