New Study: Access Floor Market 2022 Size, Growth Analysis Report, Forecast to 2028

The global access floor market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022- 2028).

An access floor is a raised floor used to create space for the passage of electrical wiring, telecommunications cabling, and other services. It provides an elevated structural floor above a solid often concrete to which raised flooring components are attached. These floors allow under-floor cable management as well as airflow. Standard raised floors are often found in industrial or institutional buildings. The growing popularity of access floors in the commercial sector, and easy installation and maintenance of access floors are some factors driving the growth of the global access floor market.

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The market is segmented based on the type and application. Based on the type, the market is segmented into steel encapsulated, calcium sulphate board, aluminum board, chipboard encapsulated, and others. A steel encapsulated access floor is used as a panel which is made when a steel sheet is welded to the bottom of the panel core. This creates a strong, durable bond that ensures the panels withstand heavy traffic and loads. Calcium sulfate board is a naturally fire-resistant material. This type of access flooring is used as it is ideal for use in areas where there is a risk of fire, such as server rooms and commercial office spaces. An aluminum board is an access flooring panel made of a high-strength aluminum alloy core and finished with a wear-resistant coating. It is used in data centers, server rooms, and other commercial spaces where raised floors are required. Chipboard encapsulated is a type of access flooring that uses chipboard with vinyl or PVC covering. They are easy to clean and used in office spaces and other commercial buildings.

Some major players in the market include Kingspan Group, Haworth Inc., and Jansen Access Floors, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, Tate Access Floors Inc. introduced Cavity Floor, a new type of raised floor system designed for specific applications that require limited or no access to the underfloor area.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Kingspan Group, Haworth Inc., and Jansen Access Floors, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Access Floor Market Report by Segment

By Type
• Steel Encapsulated
• Calcium Sulphate Board
• Aluminum Board
• Chipboard Encapsulated
• Others

By Application
• Server Room
• Commercial Office Space
• Others

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This release was published on openPR.