Global industrial flooring market is estimated to be valued at USD 9.51 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. Global industrial flooring market has been witnessing significant growth in the recent years due to rapid industrialization across major economies. Industrial floorings play a vital role in industrial settings by providing protection, durability, slip-resistance and other functionalities required for various industrial processes. These help in enhancing productivity, equipment protection, safety and aesthetics of industrial facilities. Moreover, growing awareness about workplace safety and hygiene boosts demand for specialized industrial flooring solutions. Various types of floorings including epoxy, polyurethane, rubber, tiles and others are being increasingly used across diverse industries such as automotive, food & beverage, chemicals and healthcare among others. Rapid expansion of end-use industries coupled with rising infrastructure development projects is expected to drive the industrial flooring market growth during the forecast period.
Market Dynamics:
Growing industrialization and infrastructure development activities in emerging economies are expected to drive the global industrial flooring market growth. Rapid establishment of manufacturing facilities, warehouses and other commercial buildings has boosted demand for durable and functional flooring materials. The stringent government regulations regarding workplace safety and hygiene standards compel industrial end users to adopt specialized flooring solutions. However, high initial installation and material costs associated with industrial floorings can hamper its widespread adoption, especially in price-sensitive developing markets. Ongoing research & development in high-performance flooring technologies is expected to offer new opportunities for market players. Development of innovative, eco-friendly and cost-effective flooring products can drive the market growth in the near future.
Key Features of the Study:
- This report provides in-depth analysis of the global industrial flooring market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global industrial flooring market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include BASF SE, Sika AG, RPM International Inc., Mapei U.K. Ltd., Fosroc, Don Construction Products Ltd., Cipy Polyurethanes Pvt Ltd., Viacor Polymer GmBH, Twintec, Acrylicon, Cornerstone Flooring, Applied Flooring, AVCON Technics Pvt. Ltd., 4m Europe, East Coast Flooring Ltd, Flowcrete, Tripolarcon Pvt Ltd., Wonderfloor, Chemoxy Flooring, Sterile Tech, Lanexis.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global industrial flooring market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial flooring market.
Detailed Segmentation-
- By Product Type:
- Light duty (<300um)
- Medium Duty (300um-4mm)
- Heavy Duty
- By Material:
- Epoxy
- Polyaspartic
- Polyurethane
- Concrete
- Anhydrite
- Methyl Methacrylate (MMA)
- Others
- By Application:
- Automotive
- Aircraft Hanger
- Pulp & Paper
- Food & Beverage
- Energy & Power
- Chemical & Pharmaceutical
- Healthcare
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- BASF SE
- Sika AG
- RPM International Inc.
- Mapei U.K. Ltd.
- Fosroc
- Don Construction Products Ltd.
- Cipy Polyurethanes Pvt Ltd.
- Viacor Polymer GmBH
- Twintec, Acrylicon
- Cornerstone Flooring
- Applied Flooring
- AVCON Technics Pvt. Ltd.
- 4m Europe
- East Coast Flooring Ltd
- Flowcrete
- Tripolarcon Pvt Ltd.
- Wonderfloor
- Chemoxy Flooring
- Sterile Tech
- Lanexis