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Industrial Flooring Market to Reach US$ 12.45 Billion by 2022, Exhibiting a CAGR of 4.40%

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Pooja Khodke
Industrial Flooring Market to Reach US$ 12.45 Billion by 2022, Exhibiting a CAGR of 4.40%

Market Overview:


The global industrial flooring market is estimated to reach a value of US$ 12.45 billion by 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.40% during the forecast period.

Industrial flooring refers to the specialized flooring solutions used in industrial settings such as manufacturing units, warehouses, and commercial spaces. These floorings are designed to withstand heavy loads, provide resistance against chemicals, and ensure worker safety. The demand for industrial flooring is driven by the need for durable, low-maintenance, and safe flooring solutions in various industries.

Market Key Trends:


One key trend in the industrial flooring market is the growing adoption of sustainable flooring solutions. With increasing environmental concerns, industries are now emphasizing sustainable construction practices. As a result, there is a rising demand for eco-friendly flooring materials, such as recycled rubber flooring, bamboo flooring, and water-based epoxy coatings. These sustainable flooring options offer benefits like reduced carbon footprint, improved indoor air quality, and enhanced durability. Moreover, government regulations promoting sustainable construction are further contributing to the adoption of eco-friendly industrial flooring solutions. This trend is expected to drive market growth in the coming years.

Segment Analysis:

The industrial flooring market can be segmented based on the type of flooring material and end-use industry. The dominating sub-segment within the industrial flooring market is the epoxy segment. Epoxy flooring offers excellent durability, chemical resistance, and ease of maintenance, making it the preferred choice across a wide range of industries such as pharmaceuticals, food and beverage, automotive, and warehouses. Epoxy flooring is highly resistant to corrosive substances, heavy impacts, and abrasion, making it suitable for high-traffic areas. Additionally, epoxy flooring can be customized in terms of color, pattern, and texture, providing aesthetic appeal along with functional benefits. These advantages have led to the dominance of the epoxy segment in the industrial flooring market.

Key Takeaways:

The global Industrial Flooring Market is expected to witness high growth, exhibiting a CAGR of 4.40% over the forecast period of 2022-2030. The market is projected to reach a value of US$ 8.72 billion by 2021. Several factors drive the growth of the industrial flooring market. One of the key drivers is the rapid industrialization and urbanization across emerging economies. The expansion of manufacturing and warehousing sectors, coupled with government initiatives to attract foreign investments, has increased the demand for industrial flooring solutions. Additionally, the need for safe and hygienic working environments in industries such as food and beverage, healthcare, and pharmaceuticals further fuels the demand for industrial flooring.

In terms of regional analysis, the Asia-Pacific region is expected to be the fastest-growing and dominating region in the industrial flooring market. This can be attributed to the rapid industrialization, infrastructure development, and increasing foreign investments in countries like China, India, and Southeast Asian nations. The demand is also bolstered by the growing automotive, electronics, and chemical industries in the region. Furthermore, stringent safety regulations and growing awareness regarding the importance of durable and high-performance flooring solutions contribute to the market growth in the Asia-Pacific region.

Key players operating in the industrial flooring market include BASF SE, Sika AG, RPM International Inc., Mapei U.K. Ltd., Fosroc, Don Construction Products Ltd., Cipy Polyurethanes Pvt Ltd., Viacor Polymer GmBH, Twintec, Acrylicon, Cornerstone Flooring, Applied Flooring, AVCON Technics Pvt. Ltd., 4m Europe, and East Coast Flooring Ltd. These key players are focusing on product innovation, strategic partnerships, mergers and acquisitions, and geographical expansion to gain a competitive advantage in the market. For instance, BASF SE introduced a high-performance Ucrete flooring system for industrial facilities, offering excellent resistance to chemicals, impacts, and thermal shock.


Read More : https://www.newsstatix.com/industrial-flooring-market-is-estimated-to-witness-high-growth-owing-to-steady-growth-in-infrastructural-development-and-increasing-demand-for-durable-flooring-solutions/

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