Global Floor Grinding Tools Market Size study, byApplication (Grinding, Honing, Polishing, Burnishing), Floor Type (Concrete, Wood, Marble), Polishing Type (Dry Polishing, Wet Polishing) and Regional Forecasts 2022-2028

Global Floor Grinding Tools Market Size study, byApplication (Grinding, Honing, Polishing, Burnishing), Floor Type (Concrete, Wood, Marble), Polishing Type (Dry Polishing, Wet Polishing) and Regional Forecasts 2022-2028

Global Floor Grinding Tools Market is valued approximately USD 118 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2028, Floor grinding machines are frequently utilised due to its ease of use, increased operational efficiency, and durability. Floor grinding machines are becoming more common in residential and commercial construction design to polish the floors due to their outstanding workability and performance features. .Growth in construction spending is driving the Floor Grinding Tools Market. According to the Organization for Economic Cooperation and Development, total global infrastructure investment by 2030 is expected to reach over USD 50 trillion. Non-residential construction is predicted to pick up over the coming decade. Further, increasing demand for green and energy-efficient buildings, as well as an increase in the development of new residential and commercial spaces, are expected to drive the growth of the Floor Grinding Tools Market throughout the forecast period. However, the high maintenance cost of floor grinder machines is projected to limit the growth of the global Floor Grinding Machines Market. Whereas, increased demand for houses due to population growth necessitates floor grinding for houses; this aspect presents potential prospects for the Global Floor Grinding Machines Market during the forecast period.

The key regions considered for the global Floor Grinding Tools Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.The North American Floor Grinding Tool Market is expected to grow with significant rate during the forecast period, owing to the growing construction industry, increased demand for polished floors, increased demand for modernization, rapid urbanization, and the wide range of applications of floor grinding machines in various industries.Asia-Pacific is predicted to lead the worldwide Floor Grinding Machines Market throughout the research perioddue to increased urbanization and infrastructure spending,. Furthermore, China is a significant exporter of floor grinding equipment worldwide. The rapid industrial development of China encourages producers of floor grinding machines and accessories to set up shop in the nation.

Major market player included in this report are:
Shenzhen Idimas Holding Co., Ltd.
Tyrolit Group
Husqvarna Group
Blastrac
Diamag
Klindex
Scanmaskin Sverige Ab
Drs Floor
Superabrasive Inc.
Linax Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByFloor type:

Concrete
Wood
Marble
Others
By Application:

Grinding
Honing (Ceramic Pads)
Polishing (Resin Pads)
Burnishing (Non-woven Pads)
By Polishing Type:

Dry Polishing
Wet Polishing

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Floor Grinding Tools Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Shenzhen Idimas Holding Co., Ltd.
Tyrolit Group
Husqvarna Group
Blastrac
Diamag
Klindex
Scanmaskin Sverige Ab
Drs Floor
Superabrasive Inc.
Linax Co., Ltd.

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