Global Industrial Flooring Market
Global Industrial Flooring Market was valued at US$ 5,870.00 Mn in 2021, estimated to reach US$ 8,886.21 Mn in 2027, with a CAGR of 7.18% from 2022-2027.
Industrial flooring is defined as a coating of the surface by using certain products that helps in making floor chemical resistance, anti-microbial, and antistatic. It is also used to enhance the aesthetic appeal of the surface, maintain cleanliness, prevent contamination, and reduce the risk of industrial accidents. Epoxy, polyurethane, concrete, polyaspartic, anhydrite, and methyl methacrylate (MMA) are some of the common products used in industrial flooring.
Market Drivers
Growing demand for industrial flooring from the food and beverage industry to minimise concrete degradation throughout the manufacturing process is projected to drive industrial flooring market growth. The expansion of the industrial flooring sector is also related to the expansion of the food and beverage industry as a result of increased consumer and government spending on the food industry, particularly in India, China, and the United States.
The increasing implementation of workplace safety and hygiene norms and regulations is predicted to fuel the growth of the industrial flooring industry. Furthermore, the product used for floor material should be easy to clean, non-absorbent, and made of non-toxic components, among other things.
Market Restraints
The price of industrial flooring varies and is influenced by the service provider and material thickness chosen. For end-use industries, the total cost of industrial flooring is typically higher than the cost of regular flooring. Additionally, the operation division of a certain industry has a significant impact on the application of industrial flooring and its cost.
Therefore, the expansion of the industrial flooring market is probably going to be somewhat impacted by the high cost of flooring. Additionally, rivals are concentrating on producing tiles that can survive demanding activities, despite the fact that doing so will increase the cost. These elements might limit the industrial flooring market's expansion in some way.
Market segmentation
The Industrial flooring market is segmented into thickness such as Light Duty, Medium Duty, and Heavy Duty. By construction type, market is segmented into New Construction, Renovation. By material type, market is segmented into Epoxy, Polyaspartic, Polyurethane, Anhydrite, Renovation & Laminate, Ceramic Tiles, Carpet, Vinyl, Linoleum & Rubber, Others. Further, market is segmented into end use industry such as Chemical, Food and Beverages, Healthcare, Transportation and Aviation, Sports & Leisure, Others.
Regional Analysis
The Global Industrial Flooring Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
APAC will remain the largest region and it is also expected to witness the highest growth over the forecast period because of the rise in construction activities in this region. Also, North America region is also expected to grow at a fast pace due to the presence of advanced construction methods & increasing dry construction practices.
Key Developments
June 2021, RPM International Inc. announced the acquisition of the Dudick Inc. business by its Carboline subsidiary. Dudick is a manufacturer of high-performance coatings, flooring systems, and tank linings based in Streetsboro, Ohio.
May 2022, Sika has expanded its manufacturing facility in Santa Cruz de la Sierra, increasing its ability to produce mortar and concrete admixtures there. Sika is setting itself up for continued expansion in the burgeoning Bolivian construction sector with its new plant in one of the nation's major industrial hubs.
Key Players
VIACOR Polymer GmbH, BASF SE, Cipy Polyurethanes Pvt. Ltd., Cornerstone Flooring, Don Construction Products Ltd., Fosroc, Inc., MAPEI S.p.A, RPM International Inc., Sika AG, Twintec Group Limited, etc.
Market Taxonomy
By Thickness
By Construction Type
By Material Type
By End Use Industry
By Region
Global Industrial Flooring Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Industrial Flooring Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Industrial Flooring Market, By Thickness
5.1 Y-o-Y Growth Comparison, By Thickness
5.2 Global Industrial Flooring Market Share Analysis, By Thickness
5.3 Global Industrial Flooring Market Size and Forecast, By Thickness
5.3.1 Light Duty
5.3.2 Medium Duty
5.3.3. Heavy Duty
6 Global Industrial Flooring Market, By Construction Type
6.1 Y-o-Y Growth Comparison, By Construction Type
6.2 Global Industrial Flooring Market Share Analysis, By Construction Type
6.3 Global Industrial Flooring Market Size and Forecast, By Construction Type
6.3.1 New Construction
6.3.2. Renovation
7 Global Industrial Flooring Market, By Material Type
7.1 Y-o-Y Growth Comparison, By Material Type
7.2 Global Industrial Flooring Market Share Analysis, By Material Type
7.3 Global Industrial Flooring Market Size and Forecast, By Material Type
7.3.1 Epoxy
7.3.2 Polyaspartic
7.3.3. Polyurethane
7.3.4. Anhydrite
7.3.5. Renovation & Laminate
7.3.6. Ceramic Tiles
7.3.7. Carpet
7.3.8. Vinyl, Linoleum & Rubber
7.3.9. Others
8 Global Industrial Flooring Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Industrial Flooring Market Share Analysis, By End User
8.3 Global Industrial Flooring Market Size and Forecast, By End User
8.3.1. Chemical
8.3.2 Food & Beverages
8.3.3 Healthcare
8.3.4. Transpiration & Aviation
8.3.5. Sports & Leisure
8.3.6. Others
9 Global Industrial Flooring Market, By Region
9.1 Global Industrial Flooring Market Share Analysis, By Region
9.2 Global Industrial Flooring Market Share Analysis, By Region
9.3 Global Industrial Flooring Market Size and Forecast, By Region
10 North America Industrial Flooring Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Industrial Flooring Product Market Share Analysis, By Thickness
10.3 North America Industrial Flooring Product Market Size and Forecast, By Construction Type
10.4 North America Industrial Flooring Product Market Size and Forecast, By Material Type
10.5 North America Industrial Flooring Product Market Size and Forecast, By End User
10.6 North America Industrial Flooring Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Industrial Flooring Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Industrial Flooring Product Market Share Analysis, By Thickness
11.3 Europe Industrial Flooring Product Market Size and Forecast, By Construction Type
11.4 Europe Industrial Flooring Product Market Size and Forecast, By Material Type
11.5 Europe Industrial Flooring Product Market Size and Forecast, By End User
11.6 Europe Industrial Flooring Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12 Asia Pacific Industrial Flooring Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Industrial Flooring Product Market Share Analysis, By Thickness
12.3 Asia Pacific Industrial Flooring Product Market Size and Forecast, By Construction Type
12.4 Asia Pacific Industrial Flooring Product Market Size and Forecast, By Material Type
12.5 Asia Pacific Industrial Flooring Product Market Size and Forecast, By End User
12.6 Asia Pacific Industrial Flooring Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Industrial Flooring Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Industrial Flooring Product Market Share Analysis, By Thickness
13.3 Latin America Industrial Flooring Product Market Size and Forecast, By Construction Type
13.4 Latin America Industrial Flooring Product Market Size and Forecast, By Material Type
13.5 Latin America Industrial Flooring Product Market Size and Forecast, By End User
13.6 Latin America Industrial Flooring Product Market Size and Forecast, By Country
13.6.2. Rest of Latin America
14 Middle East Industrial Flooring Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Industrial Flooring Product Market Share Analysis, By Thickness
14.3 Middle East Industrial Flooring Product Market Size and Forecast, By Construction Type
14.4 Middle East Industrial Flooring Product Market Size and Forecast, By Material Type
14.5 Middle East Industrial Flooring Product Market Size and Forecast, By End User
14.6 Middle East Industrial Flooring Product Market Size and Forecast, By Country
14.6.2. UAE
14.6.3. Egypt
14.6.4 Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 VIACOR Polymer GmbH
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 BASF SE
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Cipy Polyurethanes Pvt. Ltd
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Cornerstone Flooring
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Don Construction Products Ltd
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Fosroc, Inc.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 MAPEI S.p.A
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 RPM International Inc
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Sika AG
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Twintec Group Limited
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
