DUBLIN–(BUSINESS WIRE)–The “Industrial Flooring Market” report has been added to from ResearchAndMarkets.com offer.
The industrial flooring market size is expected to reach $9,580.9 million by 2026, after growing at a CAGR of 5.5% during 2021-2026.
Major factors driving the industrial flooring market include increasing construction projects, expanding oil and gas activities in Asia-Pacific and North America, and increasing industrialization. Additionally, strict federal regulations on manufacturing products and maintaining health and safety in the healthcare and pharmaceutical industries have resulted in greater attention being paid to manufacturing practices as well as climate and to workplace services. Even minimal pollution can lead to dangerous health issues during the manufacture of the product.
Greater attention should be paid to good hygiene and ensuring a protective atmosphere for manufacturing and R&D operations in these industries. It is therefore expected that along with the growth of pharmaceutical and healthcare industries during the forecast period, the demand for industrial flooring will increase.
Key points to remember
Asia-Pacific dominates the global industrial flooring market, owing to the increase in industrial construction activities in the region. For example, according to the Civil Aviation Administration of China (CAAC), China plans to build more than 230 new airports while expanding many more over the next 15 years.
According to the Interstate Natural Gas Association of America, in the United States and Canada, a total of $791 billion in new oil and gas infrastructure investment will be made from 2018 to 2035. As industrial flooring is widely used in the oil and gas industry, the growth of this industry will drive the growth of the industrial flooring market.
However, owing to the COVID-19 outbreak, the global functioning of various end-use manufacturing industries is hampered, due to which the demand for industrial flooring has declined significantly, limiting the growth of the market for industrial flooring during the outbreak.
Industrial Flooring Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players of the Industrial Flooring market. Major players in the industrial flooring market include Sika AG, Cipy Polyurethanes Pvt. Ltd., Sherwin Williams, Flowcrete, AcryliCon, Cornerstone Flooring, Marvel Vinyls Limited, Twintec Group Limited, Stonhard, Armstrong Flooring, Inc., Elite Crete Systems and Plexi-Chemie Inc., among others.
Joint Ventures/Product Launches
In June 2020, Stonhard launched a new product named Stoncrete EFX, a new seamless flooring product for commercial spaces. It is a pour-in-place epoxy flooring system that has the look and feel of polished concrete. Stoncrete EFX is a trowel applied epoxy mortar system. Stoncrete EFX can be customized to suit the design specifications of any facade space, including industrial facility lobbies and corridors.
Main topics covered:
1. Industrial Flooring Market – Market Overview
1.1 Definitions and scope
2. Industrial Flooring Market – Executive Summary
2.1 Key Trends by Type
2.2 Key Trends by Product Type
2.3 Key trends by vertical sector
2.4 Key Trends by Geography
3. Industrial Flooring Market – Benchmarking
3.1 Market share analysis – large companies
3.2 Product Benchmarking – Large Companies
3.3 Top 5 financial analyzes
3.4 Patent Analysis – Large Companies
3.5 Price Analysis (ASPs will be provided)
4. Industrial Flooring Market- Market Forces
4.1 Market Drivers
4.2 Market Constraints
4.3 Carrier Five Forces Model
4.3.1 Bargaining power of suppliers
4.3.2 Bargaining power of buyers
4.3.3 Threat of new entrants
4.3.4 Competitive Rivalry
4.3.5 Threat of Substitutes
5. Industrial Flooring Market – Strategic Analysis
5.1 Value chain analysis
5.2 Opportunity analysis
5.3 Product/market life cycle
5.4 Distributor Analysis – Large Companies
6. Industrial Flooring Market – By Type (Market Size – USD Million/Million Square Meters)
6.1 Concrete floor
6.2 Resin flooring
6.2.1 Rubber flooring
6.2.2 Epoxy flooring
6.2.3 Vinyl flooring
6.2.4 PU flooring
6.2.5 PE foam flooring
7. Industrial Flooring Market – By Product Type (Market Size – USD Million/Million Square Meters)
7.1 Light duty (
7.2 Medium Duty (300um-4mm)
7.3 Intensive use (>4mm)
8. Industrial Flooring Market – By Vertical (Market Size – USD Million/Million Square Meters)
8.1 Automotive and transportation
8.2 Aeronautics and Defense
8.3 Electricity and electronics
8.5 Food and drink
8.7 Energy and Power
8.8 Chemicals and Petrochemicals
8.10 Paper and pulp
9. Industrial Flooring Market – By Geography (Market Size – USD Million/Million Square Meters)
9.1 North America
9.4 South America
10. Industrial Flooring Market – Entropy
10.1 New Product Launches
10.2 Mergers and Acquisitions, Collaborations, Joint Ventures and Partnerships
11. Industrial Flooring Market
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