Press release
Industrial Flooring Market is anticipated to grow at ~ 4% CAGR during 2029: Persistencemarketresearch Study
The global industrial flooring market value reached ~ US$ 7 Bn in 2018, as disclosed in a recent report on the industrial flooring market by Persistence Market Research (PMR). According to the research, the industrial flooring market is anticipated to grow at ~ 4% CAGR during the forecast period. The industrial flooring market is experiencing significant traction owing to the increasing demand from several verticals, such as food & beverages, chemicals, and automotive.According to the study, noteworthy demand for industrial flooring is mainly the result of various regulatory amendments related to workplace hygiene and safety, which have caused the evolution of the industrial flooring market. Moreover, industrial flooring offers several benefits over traditional flooring, comprising of unique characteristic properties and other similar provisions for repair and maintenance. This factor will continue to contribute towards the shift of consumer preferences towards industrial flooring, rather traditional flooring, during the forecast period.
In addition to this, there is an increase in the number of consolidations and expansion activities in the industrial flooring market over the past few years. This is primarily attributed to efforts among companies toward meeting the rising demand for industrial flooring and gaining access to high-growth markets of Asia Pacific as well as to strengthen their footholds in regions such as Europe and North America. The global industrial flooring market is projected to create a total value of ~US$ 8 Bn in 2019.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/12280
Chemical Industry Regulations to Fuel the Demand for Industrial Flooring
The industrial flooring market is a consolidated market owing to the presence of number of local and international market players. The chemical industry uses organic and strong acids for manufacturing products. When these acidic compounds come in contact with concrete, which is alkaline in nature, they damage the floor, which not only leads to contamination of products, but also several accidents. Therefore, stringent regulations regarding the maintenance of hygiene and safe environment as well as industrial requirements like high thermal stability, corrosive resistance, acid resistance, low VOC emission/ VOC absorption, etc., are expected to increase the demand for industrial flooring over the forecast period.
As per PMR’s deep dive analysis, key players in the industrial flooring market are offering customized industrial flooring owing to increasing demand from food & beverage, chemical, and healthcare industries, which will result in heavy upsurge in the industrial flooring market growth during the forecast period.
For instance, in December 2016, BASF SE launched “Ucrete MF40AS”, antistatic flooring system, which is based on a polyurethane cement technology for heavy duty applications.
Request Report Methodology@ https://www.persistencemarketresearch.com/methodology/12280
Europe Continues to Capture Prominent Market Shares
Owing to factors such as stable governmental regulations, and constant political backdrop for industrial flooring in the region, Germany and the UK are likely to hold significant market shares in the industrial flooring market in 2019-2029. Existing market players in the countries and entrants in activities such as mergers & acquisitions, are pushing the industrial flooring market growth in the region.
Company Profiles:
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
East Coast Fl
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/12280
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Flooring Market is anticipated to grow at ~ 4% CAGR during 2029: Persistencemarketresearch Study here
News-ID: 2249580 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
