Industrial Flooring Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 The global industrial flooring market is growing on account of rising industrialization in developing countries like China, India, and the ASEAN region. Companies from across the globe are opening their production facilities in the Asia-Pacific economies in order to gain the advantage of low operation costs and less stringent regulations. Further, as the consumer is getting more aware of the benefits of industrial flooring over conventional concrete, the market size for industrial flooring is growing.

According to UnivDatos Market Insights (UMI)’ research report “Global Industrial Flooring Market”, the market is expected to showcase a growth of around 5% during the forecast period. Industrial flooring is highly forward-integrated with the construction activities in the industrial sector. Over the years, the construction industry has showcased significant growth in all settings including industrial, thus promoting the market for industrial flooring. However, halted construction activities in 2020 owing to COVID-19 has somewhat created a hindrance to market growth.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=32441

Based on type, the market is categorized into epoxy, polyaspartic, polyurethane, acrylic, and others. Among these, epoxy held a prominent share of the market and is expected to showcase significant growth during the forecast period. It is widely used for its advantages of high impact resistance, long-term durability, chemical resistance, seamless, thermal resistance, and slip resistance.

Based on end-user, the market is categorized into food & beverage, chemical, transportation, healthcare, and others. Among these, the food & beverage industry is among the largest consumer of industrial flooring owing to high volume operating conditions along with heavy movements of machinery and vehicles, among others. Therefore, floors require deep cleansing methods, temperature extremes need to take care of along with proper methods, to take care of all operating parameters and conditions customized flooring solution is needed.

Asia-Pacific accounted significant share of the market in 2020

Asia-Pacific held a significant share of the industrial flooring market in 2020 and is expected to retain its position during the forecast period. This can be attributed to the large industrial sector in the region, especially in countries like China, India, Japan, and South Korea. Moreover, increasing industrialization along with the shifting of manufacturing facilities from western economies to regional countries is creating demand for industrial flooring.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=32441

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global industrial flooring market include MBCC Group, SIKA AG, RPM International Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., The Sherwin-Williams Company, Fosroc Inc., Jotun A/S, PPG Industries Inc., LATICRETE International Inc. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

“Global Industrial Flooring Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Type (Epoxy, Polyaspartic, Polyurethane, Acrylic, and Others)

2.      By End-User (Food & Beverage, Chemical, Transportation, Healthcare, and Others)

3.      By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

4.      By Company (MBCC Group, SIKA AG, RPM International Inc., Akzo Nobel N.V., Nippon Paint Holdings Co. Ltd., The Sherwin-Williams Company, Fosroc Inc., Jotun A/S, PPG Industries Inc., LATICRETE International Inc.)

Key questions answered in the study:

1.      What are the current and future trends of the global industrial flooring industry?

2.      How the industry has been evolving in terms of type and end-user?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global industrial flooring industry?

5.      What are the customer orientation, purchase behavior, and expectations from the global Industrial Flooring suppliers across various region and countries?