Industrial Flooring Market Will Grow At Highest Pace Owing To Growing Demand From Construction And Manufacturing Industries

Industrial flooring consists of hardwearing and durable floor coverings that are designed for heavy foot traffic and machinery in various industrial sectors like manufacturing plants, warehouses, repair shops, and garages. Industrial floor coverings are resistant to impacts, abrasion, chemicals, moisture, and provide anti-slip and anti-static properties for safety in industrial settings. Epoxy coatings are widely used industrial flooring solutions that form a tough, seamless, chemical resistant layer offering longevity and low maintenance. Growing construction of new manufacturing plants and warehouses has boosted demand for industrial floor coatings that can withstand rigorous operational requirements.



Key Takeaways
Key players operating in the Industrial Flooring are 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, and East Coast Flooring Ltd. These manufacturers offer a wide range of flooring solutions made from polyurethane, epoxy, thermoplastics, and other materials suited for industrial spaces.

The Global Industrial Flooring Market is driven by growing industrial construction activities around the world as new manufacturing plants, warehouses, and workshops are being built. Rapid industrialization and expansion of industries like automotive, chemicals, food processing are fueling the need for durable, chemical resistant floor coverings.

Advancements in floor coating materials have increased the lifespan and performance capabilities of industrial flooring systems. Development of new polyurethane, epoxy, and thermoplastic formulations that offer optimal chemical resistance, abrasion protection, impact strength and ease of cleaning cater to varied requirements across industries. Laser leveling and self-leveling underlayments have streamlined floor coating application processes.

Market Trends
1. Growing preference for Green flooring solutions: Manufacturers are developing eco-friendly floor coatings free from VOCs, solvents, and formaldehyde to reduce environmental footprint of industrial facilities.

2. Rise of Anti-microbial floor coatings: The COVID-19 pandemic has accelerated demand for floor coatings integrated with antimicrobial additives that eliminate 99.9% of bacteria and viruses.

Market Opportunities
1.expansion of manufacturing industries in Asia Pacific and Middle East: Countries like China, India, Indonesia, Saudi Arabia offer huge opportunities as they witness rapid industrial infrastructure growth.

2.Demand from wastewater treatment plants: Treatment plants require industrial flooring resistant to chemicals and moisture that can withstand heavy loads of waste moving equipment.

Impact of COVID-19 on Industrial Flooring Market Growth

The COVID-19 pandemic has adversely impacted the growth of the industrial flooring market in 2020. Due to lockdowns imposed across various countries, construction activities were halted. This led to a decline in demand for industrial floor coatings from various end-use industries such as automotive, food processing, warehousing, and manufacturing. Factory closures and halted manufacturing activities hampered the consumption of flooring solutions in industrial facilities. Supply chain disruptions made it difficult for manufacturers to procure raw materials and components on time.

However, with easing of lockdowns and resumption of economic activities, the market is expected to witness steady growth from 2021 onwards. There is renewed focus on hygiene and safety at workplaces due to the ongoing risks. This is expected to drive demand for antimicrobial and stain-resistant industrial flooring solutions in factories. Manufacturers are ramping up production capacities and reforming supply chain networks to address the growing requirements from end-use sectors. Government stimulus measures for infrastructure development and industrialization will further aid the market expansion in the coming years. Sustainable products with low VOC emissions are likely to gain more popularity among environment-conscious customers and industries.

Geographical Concentration of Industrial Flooring Market

Asia Pacific currently dominates the global industrial flooring market in terms of value. The region accounts for over 40% share owing to the massive industrialization taking place in countries such as China and India. Both nations are major manufacturing hubs and have witnessed substantial foreign investments for setting up factories over the past decade. This has propelled the demand for durable and easy-to-clean flooring from various processing plants. Government initiatives to develop smart cities and improve infrastructure will further augment the regional market in the coming years.

Europe has emerged as the fastest growing region for industrial flooring globally. Countries like Germany, UK, Italy, Spain are focusing on new product development and advancing floor coating technologies. For example, the development of antimicrobial epoxy coatings is gaining traction among food processing facilities. Rapid industrialization accompanied by stringent workplace safety regulations has boosted the consumption of industrial flooring in Eastern European nations. The regional market is anticipated to expand at a CAGR of over 8% during the forecast period.

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