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INDUSTRIAL FLOORING MARKET ANALYSIS

Industrial Flooring Market, By Product Type (Light duty (<300um), Medium Duty), By Materials (Epoxy, Polyaspartic, Polyurethane, Concrete, Anhydrite, Methyl Methacrylate, Others), By Application (Automotive, Aircraft Hanger, Pulp & Paper, Food & Beverage , Energy & Power, Chemical & Pharmaceutical, Healthcare, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : May 2024
  • Code : CMI3851
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Industrial Flooring Market Size and Trends

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.

Industrial Flooring Market Key Factors

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Global industrial flooring market is expected to witness significant growth over the forecast period due to rapid industrialization and increasing construction activities across manufacturing, automotive, food processing and other industries. Various industries are increasingly focusing on maintaining clean, dry and safe production floors with easy to clean and durable flooring solutions. Furthermore, growing emphasis on occupational health and safety across industries boosts adoption of anti-fatigue and slip resistant flooring. Technological advancements in flooring materials allowing higher strength, slip resistance and easier maintenance has gained popularity. Key market players are investing in research and development to offer innovative and sustainable industrial flooring solution, thus, catering to diverse industry requirements.

Rise of E-Commerce Operations

Rise of E-commerce operations across the globe has been a major driver for the growth of the global industrial flooring market. As more and more businesses are adopting hybrid or full e-commerce models, it has resulted in increased construction of large distribution centres and warehousing spaces to stock huge inventories and effectively manage online order fulfillments. These modern logistics facilities place heavy requirements on flooring in terms of withstanding high traffic, managing vibrations from heavy machinery, offering chemical resistance and catering to workplace safety and hygiene standards.  Traditional concrete floors are unable to meet such demanding functionality needs. Industrial floorings crafted from raw materials like epoxy, polyaspartic polyurea, methyl methacrylate (MMA), etc. offer superior mechanical and chemical strength along with ease of cleaning and maintenance which have become indispensable for operations of third-party logistics (3PL) centres and e-commerce warehousing spaces. Their high durability, resistance to abrasion and indentation from forklifts along with non-slip resistance accords the operational efficiency needed in such fast-paced inventory handling facilities. They also allow for aesthetic designs and segmented overlay of logistics related signage/instructions on floors, thereby assisting in streamlining inventory movement and storage processes.

Industrial Flooring Market Concentration By Players

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Emphasis on Safety and Ergonomics in Manufacturing Settings

In industrial environments like manufacturing plants, safety is always a top priority where heavy machinery and repetitive job activities carry risks of accidents. As regulations have tightened and litigation has increased the costs of safety incidents, companies must proactively address workplace hazards to avoid costly penalties or lawsuits. Ergonomic flooring helps achieve this by reducing slipping, tripping, falling and other preventable issues. Manufacturing work often requires long shifts of employees standing, lifting, bending and performing the same motions continuously on hard surfaces. Over time, this can lead to fatigue, musculoskeletal discomfort and even serious injury without proper ergonomic considerations. Slip-resistant, cushioned industrial flooring helps minimize physical stresses and strains that contribute to accidents.

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