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

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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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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.

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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.

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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.

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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

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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

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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.

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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)

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