Press release
Floor Grinding Tools Market | Key players operating in the market include Husqvarna Group, Tyrolit Group, Diamag, Klindex, Balstrac
The global Floor Grinding Tools Market size is projected to grow from USD 124 million in 2022 to USD 155 million by 2027, at a CAGR of 4.5% from 2022 to 2027. The thriving construction industry, a significant development in the retail, commercial, and hospitality segments, technological advancements, and innovations in the flooring industry, and shifting demand toward modern and fast construction techniques are driving the floor grinding tools market.View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/floor-grinding-tool-market-263292647.html
Browse 218 market data Tables and 38 Figures spread through 191 Pages and in-depth TOC on "Floor Grinding Tools Market"
Wood floor type is the fastest gorwing segment due to the hardwood flooring is preferred in residential construction as it is stylish and durable. The variety of wood colors, patterns, and styles make it appealing.. Furthermore, owing to the high demand for wood grinding, major manufacturers are launching specific products for floor grinding. EZ SL SERIES by Husqvarna Group provides wood grinding tools, a single-layer diamond tool specifically developed for efficient initial grinding of wood.
The wet segment is the fastest growing segment the floor grinding tools market, with a CAGR of 5.01% in terms of value, in 2021. Wet polishing is one of the oldest ways of polishing floors. In the wet polishing method, the water is applied on the floor, which captures the dust in the slurry. Therefore, it does not impact the air environment for the masons or workers preventing the hazards of silica dust.
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Infrastructure spending is a key driver of the global and regional economies. It is expected that spending on capital projects and infrastructure will grow significantly over the next decade. China, India, and other countries in the Asia Pacific, along with South Africa and Brazil, are investing considerably in infrastructural development.
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The floor grinding tools market comprises major solution providers, Husqvarna Group (Sweden), Tyrolit Group (Austria) Diamag (Netherlands), Klindex (Italy), Shenzhen Idimas Holding Co., Ltd. (China), SASE Company, LLC (US), Balstrac (US), Scanmaskin Sverige AB (Sweden), DRS Floor (Germany), Superabrasive Inc. (US) and Linax Co. Ltd (China) among others. The study includes an in-depth competitive analysis of these key players in the floor grinding tools market, with their company profiles, and key market strategies.
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