Industrial Floor Coatings are fastest growing segment fueling the growth of Industrial Flooring Market

Lucy Kart

Industrial Floor Coatings are fastest growing segment fueling the growth of Industrial Flooring Market

The global Industrial Flooring Market is estimated to be valued at US$ 9.5 Bn in 2023 and is expected to exhibit a CAGR of 4.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Industrial flooring products such as concrete, vinyl, polyurethane etc provide protection to heavy machinery and vehicles from corrosive chemicals, dust, environmental impact while enhancing safety and aesthetics of industrial spaces. These resilient floorings facilitate easy cleaning and maintenance and contribute towards improved efficiency.

Market key trends:

One of the key trends driving the growth in the industrial flooring market is the increased adoption of solvent-free and low VOC emission floor coatings by manufacturing industries. These eco-friendly polyurethane, epoxy and acrylic coatings meet environmental regulations while providing superior mechanical strength, abrasion and chemical resistance. Their rapid curing times allow for less downtime during application and early operations post installation.

Segment Analysis

The global industrial flooring market is segmented into material, end-use industry, and region. Based on material, the cement segment dominated the market in 2022 and is projected to maintain its dominance during the forecast period. Cement flooring offers durability, strength and is crack and impact resistant which makes it ideal for industrial applications.

Key Takeaways

Global Industrial Flooring Market Demand was valued at US$ 9.5 Bn in 2023 and is expected to witness high growth, exhibiting a CAGR of 4.4% over the forecast period, due to increasing demand for durable and maintenance-free flooring solutions in industries.

Regional analysis

Regionally, Asia Pacific accounted for the largest share in the global industrial flooring market and is projected to be the fastest growing market during the forecast period. This growth can be attributed to rapid industrialization and establishment of manufacturing units in countries like China and India.

Key players

Key players operating in the industrial flooring market are 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. BASF SE and Sika AG are recognized as the market leaders owing to their extensive product portfolio and global presence.

Get More Insights on this Topic- https://www.dailyprbulletin.com/industrial-flooring-market-value-insights-and-future-trends/

Lucy Kart

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The demand for industrial flooring is driven by the need for durable, low-maintenance, and safe flooring solutions in various industries. Moreover, government regulations promoting sustainable construction are further contributing to the adoption of eco-friendly industrial flooring solutions. Segment Analysis: The industrial flooring market can be segmented based on the type of flooring material and end-use industry. These advantages have led to the dominance of the epoxy segment in the industrial flooring market. In terms of regional analysis, the Asia-Pacific region is expected to be the fastest-growing and dominating region in the industrial flooring market.

Transforming Industrial Spaces with Schema Flor: Leading Epoxy Flooring Contractors in Jaipur

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As a result of its outstanding strength, resilience, and visual appeal, epoxy flooring has become a popular option. In Jaipur, Schema Flor has made a name for itself as a reputable supplier of premium industrial epoxy flooring options. Let's delve deeper into the world of industrial epoxy flooring and discover how Schema Flor is redefining the landscape. But a variety of chemicals, such as acids, alkalis, solvents, and oils, are very resistant to epoxy flooring. Due to their knowledge, dedication to excellence, and ability to provide specialised solutions, Schema Flor is the area's go-to epoxy flooring contractor.

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Industrial Flooring Brisbane

Frank Tramel 2022-08-29

The floors Qepoxy deliver are designed to stand up to the rigours of industrial flooring brisbane. If you’re renovating or building your restaurant, you’ll need commercial restaurant flooring experts on your side. Automotive Shop Flooring flooring solutions that are tough, durable and easy to clean. At Qepoxy, you can feel confident that your commercial flooring gold coast needs are in good hands. If you live on the Sunshine Coast region and are looking for a trusted company for commercial kitchen flooring sunshine Coast, look no further than Qepoxy.

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Leading Industrial Rubber Flooring Manufacturer - Zenithrubber

services info 2020-05-28

We are one of the leading industrial rubber flooring manufacturers in India.

We provide a comprehensive range of rubber sheets with top quality from basic commercial compounds to highly technical sheets as per customer specifications.

For more information visit our website.

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