Industrial Flooring Market Size, Share, Trend, Forecast, Competitive Analysis, Growth Opportunity - PowerPoint PPT Presentation

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Industrial Flooring Market Size, Share, Trend, Forecast, Competitive Analysis, Growth Opportunity

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The industrial flooring market witnessed a pitfall of -14.9% in 2020, taking the market to close to its 2017-market numbers. Based on primary interviews coupled with the study of the previous downturns, it is anticipated that the market may log a quick recovery, expecting to hit back its pre-pandemic levels in a couple of years only. Overall, the market is estimated to record a healthy CAGR of 5.9% over the next five years to cross an iconic figure of US$ 4.0 billion in 2026. – PowerPoint PPT presentation

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Title: Industrial Flooring Market Size, Share, Trend, Forecast, Competitive Analysis, Growth Opportunity


1
Presents a Research Report on
Industrial Flooring Market
The Industrial Flooring Market is segmented By
Material Type (Epoxy, Polyurethane, PU Cement,
MMA, and Others), By Application Type (Food
Beverage, Healthcare, Industrial Manufacturing,
Automotive Manufacturing, and Others), and By
Region (North America, Europe, Asia Pacific, and
Rest of the World).


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2
Industrial Flooring Market Growth and Forecast
Highlights Drivers
  • The market is estimated to record a healthy CAGR
    of 5.9 over the next five years to cross an
    iconic figure of US 4.0 billion in 2026.
  • The industrial flooring market witnessed a
    pitfall of -14.9 in 2020, taking the market to
    close to its 2017-market numbers.
  • Based on primary interviews coupled with the
    study of the previous downturns, it is
    anticipated that the market may log a quick
    recovery, expecting to hit back its pre-pandemic
    levels in a couple of years only.
  • There are several flooring options for industrial
    spaces, each with its ideal attributes.
  • It is a big challenge for the company to
    simultaneously maintain its flooring along with
    the business operations.
  • This gives birth to huge repair and maintenance
    costs.
  • Therefore, it is vital for companies to invest
    readily in durable, resistant, and
    low-maintenance floors.
  • The industrial floors are majorly classified
    according to the material from which they are
    made, can be epoxy, polyurethane, and concrete,
    among others.
  • The company must understand the type of
    industrial floor that is best suited for its
    operations.
  • Cost, durability, aesthetics, and maintenance
    requirements of materials are some of the major
    criteria in the selection of the type of
    flooring.
  • Currently, epoxy and concrete are preferably
    referred to as the best combination for
    industrial flooring.

3
Market Insights
  • By Material Type
  • The market is segmented as epoxy, PU resin, PU
    cement, methyl methacrylate (MMA), and others.
  • Epoxy currently unassailably dominates the market
    and is estimated to maintain its dominance in the
    foreseen future.
  • MMA currently holds a minuscule share and is an
    expensive option for several industries.
  • However, the material type is anticipated to
    witness the fastest growth in the years to come.
  • PU cement is vastly used in the food and beverage
    industry.
  • Epoxy flooring is favored in various industries
    due to its economic pricing, durability, and
    enhanced characteristic features.
  • Despite the pandemic in 2020, there have been
    increasing activities in the industrial sector,
    particularly in building parking spaces and in
    the increasing number of healthcare facilities to
    combat COVID-19, which, in turn, are driving the
    demand for epoxy flooring.
  • By Application Type
  • The market is segmented as food beverage,
    healthcare, automotive manufacturing, industrial
    manufacturing, and others.
  • Industrial manufacturing is likely to maintain
    its dominance during the studied period, whereas
    food beverage is anticipated to register the
    highest growth over the same period.

4
Market Insights
  • By Region
  • The market is segmented into North America,
    Europe, Asia Pacific, and rest of the world.
  • Currently, Europe holds the front chair in the
    industrial flooring market.
  • The region is also likely to regain its lost
    business due to the pandemic at an influential
    rate.
  • The expected recovery in industrial manufacturing
    will mainly contribute to the demand for
    industrial flooring.
  • Secondly, like North America, the European region
    houses several manufacturing/assembly and
    processing plants for automotive, food
    beverage, and pharmaceutical, assuring a healthy
    demand in the years to come.
  • Asia-Pacific, another major market for resin
    flooring, is subjected to grow at the highest
    pace over the next five years.
  • China alone holds more than half of the regions
    market and will continue marking greater
    dominance in the regional as well as the global
    market.
  • Over the years, there has been a constant
    increase in the penetration of industrial
    flooring in the major Asian economies,
    particularly in China, a key factor driving the
    demand in the region.

5
Competitive Insights
Industrial Flooring Market, regional expansion,
and execution of mergers acquisitions are the
key strategies adopted by the major players to
gain a competitive edge in the market. Key
Companies Analysed
  • AFI Licensing LLC
  • Ardex Group
  • COVESTRO
  • General Polymers Thermoplastic Materials, LLC
  • Gerflor Group
  • Jotun
  • MBCC Group
  • RPM International Inc.
  • Sika AG
  • The Lubrizol Corporation

6
Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

7
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

8
Market Segmentation
  • The industrial flooring market is segmented into
    the following categories
  • Industrial Flooring Market, by Material Type
  • Epoxy (Regional Analysis North America, Europe,
    Asia-Pacific, and Rest of the World)
  • MMA (Regional Analysis North America, Europe,
    Asia-Pacific, and Rest of the World)
  • PU Cement (Regional Analysis North America,
    Europe, Asia-Pacific, and Rest of the World)
  • PU Resin (Regional Analysis North America,
    Europe, Asia-Pacific, and Rest of the World)
  • Others (Regional Analysis North America, Europe,
    Asia-Pacific, and Rest of the World)
  • Industrial Flooring Market, by Application Type
  • Food Beverage (Regional Analysis North
    America, Europe, Asia-Pacific, and Rest of the
    World)
  • Healthcare (Regional Analysis North America,
    Europe, Asia-Pacific, and Rest of the World)
  • Industrial Manufacturing (Regional Analysis
    North America, Europe, Asia-Pacific, and Rest of
    the World)
  • Automotive Manufacturing (Regional Analysis
    North America, Europe, Asia-Pacific, and Rest of
    the World)
  • Others (Regional Analysis North America, Europe,
    Asia-Pacific, and Rest of the World)
  • Industrial Flooring Market, by Region/Country
  • North America (Country Analysis The USA, Canada,
    and Mexico)
  • Europe (Country Analysis Germany, France, UK,
    Austria, Italy, Spain, and RoE)
  • Asia-Pacific (Country Analysis China, India,
    Japan, and Rest Of AP)

9
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
10
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Ask for Sample Pages here https//www.stratviewr
esearch.com/Request-Sample/1103/industrial-floorin
g-market.htmlform
11
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