Industrial Flooring Market SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2031 | To Reach $13.5 billion

Any layer of finish material laid over a floor structure to give permanent covering is referred to as floor covering. Epoxy, polyaspartic, polyurethane, anhydrite, and others. are all common flooring materials. The market is expected to develop due to rise in demand for industrial flooring materials in the growing industrial sector. Furthermore, the flooring business is predicted to benefit from the rise in demand for hard flooring, which has appealing qualities such as being more usable, easier to use, and are installed in remodeling and restoration of industrial and commercial projects. In addition, the rise in government investments in the approaching construction and manufacturing sector expansion is expected to boost the flooring industry during the forecast period.

AMR Says, The industrial flooring market size was valued at $7.9 billion in 2021, and is estimated to reach $13.5 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031.

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Top Players:
VIACOR Polymer GmbH, BASF SE, Cipy Polyurethanes Pvt. Ltd., Cornerstone Flooring, Don Construction Products Ltd., Fosroc, Inc., MAPEI S.p.A, RPM International Inc., Sika AG, Twintec Group Limited

Asia-Pacific accounting major industrial flooring market share of the global market has dominated the global industrial flooring market in terms of revenue in 2021 owing expansion of and commercial sectors. However, Asia Pacific is expected to register highest CAGR during the industrial flooring market forecast period. This is due to increase in R&D investments in developing countries and rise in government investments day-by-day in new industrial construction and manufacturing factories.

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Key Segments:

By End User Industry -
Chemical
Food and Beverages
Healthcare
Transportation and Aviation
Others

By Thickness -
Light duty
Medium Duty
Heavy Duty

By Material -
Epoxy
Polyaspartic
Polyurethane
Anhydrite
Others

Key Findings Of The Study:

• The report provides an extensive analysis of the current and emerging global industrial flooring market trends and dynamics.
• Depending on material type, the epoxy tiles has dominated the industrial flooring market growth, in terms of revenue in 2021 and others segment is projected to grow at a significant CAGR during the forecast period.
• By thickness, the heavy duty segment has registered highest revenue in 2021.

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