The growing number of industrial facilities in developing nations is fueling the market for industrial flooring!
- Vikas Kumar
- January 10, 2023
- CHEMICAL, NEWS
- Industrial flooring, Industrial flooring market, Industrial flooring market analysis, Industrial flooring market forecast, Industrial flooring market shape, Industrial flooring market share, Industrial flooring market size, Industrial flooring market trends
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The global industrial flooring market is likely to showcase a growth of around 5% during the forecast period. Industrial flooring is highly forward-integrated with the construction activities in the industrial sector. Over the years, the construction industry has showcased significant growth in all settings including industrial, thus promoting the market for industrial flooring. However, halted construction activities in 2020 owing to COVID-19 has somewhat created a hindrance to market growth.
For a detailed analysis of the global industrial flooring market browse through– https://univdatos.com/report/industrial-flooring-market/
The global industrial flooring market is growing on account of rising industrialization in developing countries like China, India, and the ASEAN region. Companies from across the globe are opening their production facilities in the Asia-Pacific economies in order to gain the advantage of low operation costs and less stringent regulations. Further, as the consumer is getting more aware of the benefits of industrial flooring over conventional concrete, the market size for industrial flooring is growing.
For a detailed analysis of the market, drivers browse through- https://univdatos.com/report/industrial-flooring-market/
Based on type, the market is categorized into epoxy, polyaspartic, polyurethane, acrylic, and others. Among these, epoxy held a prominent share of the market and is expected to showcase significant growth during the forecast period. It is widely used for its advantages of high impact resistance, long-term durability, chemical resistance, seamless, thermal resistance, and slip resistance.
Based on end-user, the market is categorized into food & beverage, chemical, transportation, healthcare, and others. Among these, the food & beverage industry is among the largest consumer of industrial flooring owing to high volume operating conditions along with heavy movements of machinery and vehicles, among others. Therefore, floors require deep cleansing methods, temperature extremes need to take care of along with proper methods, to take care of all operating parameters and conditions customized flooring solution is needed.
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For a better understanding of the market adoption of Industrial Flooring, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. Asia-Pacific accounted for a significant share of the market and is expected to showcase considerable growth over the forecast period. The large and growing industrial sector and increasing investment in the Asia-Pacific region are some of the key factors for the growth of the industrial flooring market in the region.
Global Industrial Flooring Market Segmentation
Market Insight, by Type
• Epoxy
• Polyaspartic
• Polyurethane
• Acrylic
• Others
Market Insight, by End-User
- Food & Beverage
- Chemical
- Transportation
- Healthcare
- Others
Market Insight, by Region
- North America Industrial Flooring Market
- The United States
- Canada
- Rest of North America
- Europe Industrial Flooring Market
- Germany
- The United Kingdom
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific Industrial Flooring Market
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of World Industrial Flooring Market
Top Company Profiles
- MBCC Group
- Sika AG
- RPM International Inc.
- Akzo Nobel N.V.
- Nippon Paint Holdings Co. Ltd.
- The Sherwin-Williams Company
- Fosroc Inc.
- Jotun A/S
- PPG Industries Inc.
- LATICRETE International Inc.
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