Industrial Flooring Market, by Product Type (Light duty (<300um), Medium Duty (300um-4mm), Heavy Duty (>4mm)), by Material Type (Epoxy, Polyaspartic, Polyurethane, Concrete, Anhydrite, Methyl Methacrylate (MMA)), by Application (Automotive, Aircraft Hanger, Pulp & Paper, Food & Beverage, Energy & Power, Chemical & Pharmaceutical, Healthcare), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Flooring process is used to cover the ground surface of buildings by utilizing various covering materials such as tiles, carpets and vinyl. Industrial flooring is used as covering of the industrial buildings and manufacturing units. These flooring provides many benefits over conventional flooring such as easier common repair and maintenance requirements.
Market Dynamics
The global industrial flooring market has witnessed significant growth in recent past years, owing to the rising adoption of eco-friendly and bio-based flooring & polyaspartic coatings with a better performance and durability. Along with this, rising demand in industries for thick durable floor coatings, which provides a protective barrier and help in preventing contaminants from degrading the concrete substrate, ensuring a hygienic surface. This in turn is expected to boosting the popularity among consumers across the globe.
Industrial construction expansion is being influenced by rapid industrialization, particularly in emerging nations. Owing to the increased environmental consciousness among end users, the industry has witnessed an increase in the penetration of industrial flooring market.
Among region, Europe dominated the global industrial flooring market in 2021, reporting 34% market share in terms of revenue, followed by North America and Asia-pacific, respectively.
Major players in the global industrial flooring market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in end user industries. This scenario is expected to fuel the market during the forecast period.
On the basis of product type, light duty (<300um), dominated the global industrial flooring market in 2021 with around 49% of market share in terms of revenue, followed by heavy duty (>4mm) and medium duty (300um - 4mm) respectively.
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