Steel Floor Panels Market to Reach USD 17,565 Million by 2031 Top 20 Company Globally

Steel floor panels cover a range of products used in commercial, industrial and data-center construction: profiled steel decking for composite slabs, galvanized or coated steel raised-access panels for server rooms and offices, and engineered steel mezzanine/industrial floor panels for warehouses and manufacturing plants. They are selected for strength-to-weight ratio, speed of installation, fire performance (when specified with appropriate infill), recyclability and long service life. Product differentiation is driven by profile geometry and gauge (which set span and concrete-bonding behaviour for composite decks), surface finishes and coverings for raised-floor panels (HPL, antistatic, carpet), and integrated features such as cable-routing cutouts and anti-vibration detailing for data centers and clean rooms. The supply chain mixes global steel producers supplying coated coil and plate with specialist fabricators and decking/raised-floor brands that add profiling, edge trims and certification for load ratings and fire standards.

The steel floor panels global 2024 market of about USD 12,400 million and project it to grow at a compound annual growth rate (CAGR) of 5,1% to 2031, taking the market to roughly USD 17,565 million by 2031. Key market signals supporting continued data-center expansion, industrial mezzanine buildouts, retrofit cycles for commercial raised floors and ongoing preference for composite steel-concrete decks in multi-storey construction.
Average selling price of USD 75 per square meter for a market-weighted mix of decking and panel products gives an implied 2024 global volume of roughly 165,3 million square metres

Latest Trends and Technological Developments
The steel floor panels sector is being nudged by three technology and demand themes: data-center driven antistatic/ventilated raised floors, faster composite decking for multi-storey building speed-of-construction, and sustainability/low-carbon steel initiatives. A significant commercial signal is the persistent data-center build cycle and its floor-system demands: Zion Market Research and related raised-access-floor trackers show continuing investment in raised floors through 2024 (report dated July 2024) as data centers and telecom rooms upgrade containment, cooling and underfloor airflow management. Product innovation and business developments include large panel and building-envelope companies emphasizing systems and sustainability; for example Kingspans 2024/2025 corporate disclosures highlight renewed investment in high-performance panel and envelope solutions and expanded global capacity (Kingspan Annual Report 2024, published Feb 2025). On the materials-cost side, conventional metal deck cost guides updated in 2025 signal ongoing sensitivity to steel-commodity swings, with typical deck material pricing referenced in mid-2025 guides at approximately USD 37 per sq ft; these input-cost dynamics are a direct influence on ASPs and contractor pricing. Collectively these dated items show demand resiliency from digital infrastructure and a supplier pivot to higher-value, certified floor systems with sustainability messaging.
Asia Pacific is the largest regional market by consumption and manufacturing footprint for steel floor panels and decking, driven by rapid commercial construction, huge industrial and logistics warehouse buildouts, and an outsized share of global data-center capacity growth. Large steel producers and building-systems companies ArcelorMittal, Tata/Tata BlueScope affiliates, voestalpine and regional fabricators supply profiled decks, mezzanine systems and integrated floor solutions across China, India, Korea, Japan and ASEAN. Profiled decking (for composite concrete slabs) remains a preferred method in mid-to-high-rise construction in many Asian markets because it reduces wet trades time and enables longer spans, while raised floors are concentrated in data centers and high-tech manufacturing plants. Regional sourcing strategies often favour local coil-to-deck supply chains to manage lead times and tariffs; ArcelorMittals construction site product pages and voestalpines mezzanine floor propositions illustrate how global steel manufacturers have productized floor systems for regional markets.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)
https://www.qyresearch.com/sample/4942032

Steel Floor Panels by Type:
Fixed Installation Panels

Removeable Panels

Raised Access Floor Panels

Steel Floor Panels by Application:
Computer Room / Data Warehousing

Commercial Office Building

Family Residence

Industrial Manufacturing Plant

Others

Global Top 20 Key Companies in the Steel Floor Panels Market
Triumph Group

Porcelanosa

Kingspan Group

MERO-TSK

Linder

Haworth

M+W Group

Petral

Topfloor

Michias

Unitile

SenqciPerntafloora

Itoki

Branco

Tate Inc

Movinord

Changzhou Chenxing Access Floor

Hebei Kehua Prevent Static Floor Making

ASM Modular System

Armstrong Flooring

Regional Insights
ASEAN remains an accelerating but uneven market. Singapore and Malaysia lead in high-spec raised-floor adoption for data centers and finance/IT buildings, while Indonesia, Thailand, Vietnam and the Philippines show strong growth in metal decking for industrial warehouses, retail developments and infrastructure projects. Indonesias rapid industrial park and logistics-hub development drives demand for mezzanine floors and composite steel decking; procurement is often price-sensitive but also influenced by rapid delivery and the availability of prefabricated decking solutions. Local distributors and Chinese suppliers frequently play a large role in supplying standard decking and raised-panel goods in the region, with premium systems (certified antistatic panels, HPL finishes, fire-rated decks) concentrated in systems specified by international data-center and logistics developers. Public project pipelines and industrial estate expansions in Indonesia and Vietnam point to multi-year demand for both decking and modular raised panels.
The sector faces four structural headwinds. First, raw-steel price volatility and supply-chain bottlenecks feed through quickly to panel ASPs and can compress contractor margins on fixed-price projects. Second, fragmentation in standards and testing for raised access (load classes, anti-static requirements, fire ratings) creates qualification friction for suppliers trying to expand regionally a raised-floor panel certified for one data-center operators spec may need requalification for another. Third, competition from alternative floor systems (concrete on site, prefabricated concrete planks, and timber-based systems in some markets) limits price elasticity, particularly in cost-sensitive industrial projects. Fourth, sustainability pressure is two-fold: clients increasingly request lower embodied carbon in steel and verified recycled content, while end-of-life (recycling and reuse of panels and pedestals) requires design-for-disassembly that some legacy systems do not support. These challenges shape tendering behaviour and supplier product roadmaps.
Suppliers that win will bundle speed-of-installation, certified performance (fire, load, antistatic), and low-carbon supply credentials. Localizing coil-to-deck production in Asia can shorten lead times and de-risk tariffs; partnering with installation contractors and providing turn-key floor systems (deck + reinforcement + finishing or pedestal + panel + cut-to-size services) differentiates vendors from commodity coil suppliers. For developers and owners, lifecycle costing measuring faster construction schedules and lower life-cycle CO2 often justifies premium panels and insulated deck systems. In ASEAN, distributors and local fabricators can capture share by offering standardized kits for warehouses and industrial mezzanines that reduce specification cycles and speed procurement.
Product Models
Steel floor panels are widely used in commercial, industrial, and data center construction for their strength, durability, and adaptability.
Fixed Installation Panels permanent flooring systems. Notable products include:
TruSteel Structural Steel Floor Panels TruSteel: Durable welded panels for permanent industrial flooring.
Lindab Construline Steel Deck Panels Lindab: Steel-based floor decking for warehouses and factories.
ArcelorMittal Cofrastra 70 ArcelorMittal Construction: Composite steel decking panels for multi-story buildings.
Tata Steel ComFlor Series Tata Steel Europe: Lightweight yet strong panels for fixed structural floors.
BlueScope Lysaght Bondek BlueScope Steel: Ribbed steel floor decking designed for high-load performance.
Removable Panels modular and replaceable sections. Examples include:
ConCore Bolted Steel Panels Tate: Removable, bolted steel panels with excellent durability.
Kingspan RMG Series Kingspan Access Floors: Modular removable panels used in offices and data centers.
MERO-TSK Steel Removable Floor System MERO: Precision-engineered removable flooring for cleanrooms.
ASP Steel Removable Panels ASP Access Floors: Flexible panels designed for maintenance-heavy environments.
Unitile Steel Removable Panel Series Unitile: Modular steel flooring panels for commercial interiors.
Raised Access Floor Panels elevated systems designed for cable and HVAC management. Notable products include:
Tate ConCore 1250 Raised Access Panels Tate: Steel-capped panels with cementitious core for data centers.
Kingspan RH Access Floor Panels Kingspan: Steel encapsulated raised floor panels for offices.
MERO-TSK System Floors MERO: Precision-engineered raised access floors for cleanrooms.
ASP Heavy-Duty Raised Access Panels ASP Floors: Designed for data centers with high load requirements.
Unitile Steel Encapsulated Panels Unitile: Popular raised floor option with durable steel finish.
Steel floor panels occupy a practical, performance-oriented niche in modern construction and industrial facilities. Using a reconciled 2024 baseline of USD 12,400 million and a modeled 5,1% CAGR to 2031, the market is expected to expand to roughly USD 17,565 million by 2031 as data-center growth, warehouse/mezzanine construction and continued preference for composite steel-concrete floors in commercial projects support steady demand. Asia Pacific will remain the dominant region for volume, while ASEAN led by Indonesias industrial expansion and Singapores data-centre and high-spec building demand represents a near-term growth opportunity for panel suppliers who combine local presence with certified system offerings.

Investor Analysis
For investors, the what is exposure to an infrastructure-oriented materials niche that benefits from secular trends in data-center construction, logistics/warehouse expansion and modularized construction approaches. The how value is captured by vertically integrated players (coil-to-panel producers), specialist fabricators that lock downstream installation channels, and system providers with verified warranties and ESG credentials that earn premium pricing and repeat projects. The why is timing and defensibility: growth is steady and lumpy by project, switching costs for certified floor systems are meaningful in data-center and high-rise commercial markets, and localization of production in APAC reduces delivery risk factors that support predictable cash flows and margin improvement for advantaged suppliers. Due diligence should focus on a companys installed manufacturing footprint in target APAC countries, orderbook visibility with hyperscalers/data-centre owners, product certifications (load class, fire and antistatic), and supply-chain hedging against steel-price swings.
Request for Pre-Order Enquiry On This Report
https://www.qyresearch.com/customize/4942032
5 Reasons to Buy This Report
It reconciles disparate published market estimates into a defensible 2024 baseline and provides a transparent CAGR to 2031, allowing clear top-down scenario modelling.
It converts dollars into operational units an implied 2024 volume and approximately 68 million 600×600 mm panel-equivalents enabling capacity and logistics planning.
It synthesizes dated industry signals, so stakeholders can time procurement and capacity expansions.
It offers actionable Asia and ASEAN insights where to localize coil-to-deck production and which product specs win high-value projects.
It profiles the competitive set with operational levers and margin drivers for investor screening.
5 Key Questions Answered
What is a defensible 2024 global market size for steel floor panels and what CAGR should be modelled to 2031?
What is the realistic price-per-square-metre band for decking and panel products and what total square metres and panel-equivalents did the market ship in 2024?
Which dated trends and supplier moves in 20242025 materially affect near-term pricing, capacity and specification?
How do Asia and ASEAN dynamics shape regional sourcing and logistics strategy?
Who are the leading vendors and what capabilities determine market share and margin capture?
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of the product manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of the product in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.

Contact Information:
Tel: +1 626 2952 442 (US) ; +86-1082945717 (China)
+62 896 3769 3166 (Whatsapp)
Email: willyanto@qyresearch.com; global@qyresearch.com
Website: www.qyresearch.com

About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.
More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.

This release was published on openPR.