Press release
Industrial Flooring Market Expecting Huge Demand in Upcoming Years 2024 - 2031 | BASF SE, Sika AG, RPM International Inc.
Industrial Flooring Market
Global industrial flooring market is estimated to be valued at USD 9.51 Bn in 2024 and is expected to reach USD 13.84 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Market Dynamics:
The industrial flooring market is witnessing high growth owing to increased industrial activities and growing construction sector across the globe. The increasing construction of manufacturing plants, warehouses, and processing facilities are driving the demand for industrial flooring materials. Moreover, rapid industrialization in emerging economies of Asia Pacific and Latin America has also augmented the growth of this market over the forecast period. Furthermore, industrial flooring materials aid in providing a clean and hygienic manufacturing environment and prevent slips, thereby boosting workplace safety. This is anticipated to fuel the industrial flooring market expansion between 2024 and 2031.
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Industrial flooring market drivers:
Need for improved flooring to increase worker safety in industrial facilities
Industrial floors are subjected to heavy machinery, moving vehicles, chemical spills and other hazards on a regular basis. Traditional concrete floors can become slippery or cracked over time posing serious slip and fall risks to workers. New types of industrial flooring like epoxy and polyaspartic coatings create safer, slip-resistant surfaces that protect workers from accidents. Their ability to withstand impacts, abrasion, oils and other threats in industrial environments make them preferable to bare concrete. As safety regulations become more stringent, companies are investing more in specialty flooring products that safeguard employees.
Industrial flooring market opportunity:
Rise of green and sustainable flooring presenting new prospects
With growing environmental awareness, companies are seeking flooring materials that are not just durable but also eco-friendly. Water-based epoxy, bamboo, cork and other bio-based options compatible with LEED building standards are gainingtraction. Their renewable content, low VOC emissions and recyclability appeal to factories aiming for green certifications. Sustainability trends offer opportunities for innovative product development using natural and recycled inputs. As regulations promote reduced carbon footprint, natural alternative flooring producers can satisfy the increasing need for environment-friendly industrial flooring solutions.
Industrial flooring market trend:
Customization capabilities enable multifunctional flooring systems
Earlier industrial flooring primarily focused on withstanding wear but now facilities also need floor spaces that serve multiple purposes. Smart flooring producers offer customizable products allowing decorative additions, inclusion of non-slip graphics or logos, integrated drainage, heating elements and more. They support varied applications within the same plant reducing need for different materials in dissimilar areas. Floor coatings with high-tech features like embedded sensor nodes for tracking inventory movement are gaining prominence. Such multifunctional, technologically advanced customized flooring reflecting Industry 4.0 trends will see heightened demand. Companies seek floors transforming according to changing production needs.
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Top Companies Featured in This Report:
β BASF SE
β Sika AG
β RPM International Inc.
β Mapei U.K. Ltd.
β Fosroc
β Don Construction Products Ltd.
β Cipy Polyurethanes Pvt Ltd.
β Viacor Polymer GmBH
β Twintec
β Acrylicon
β Cornerstone Flooring
β Applied Flooring
β AVCON Technics Pvt. Ltd.
β 4m Europe
β East Coast Flooring Ltd
β Flowcrete
β Tripolarcon Pvt Ltd.
β Wonderfloor
β Chemoxy Flooring
β Sterile Tech
β Lanexis
Market Segmentation:
By Product Type:
β By Product Type: Light duty (
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