Global Industrial Flooring Market

Global Industrial Flooring Market Size, Share, Growth Analysis, By Thickness(Light Duty, Medium Duty), By Material(Epoxy, Polyaspartic), By End–User(Chemical, Food & Beverages) - Industry Forecast 2024-2031

Report ID: SQMIG15F2079 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 94 | Figures: 76

Global Industrial Flooring Market News

  • In June 2022, Master Builders Solutions (MBCC Group) introduced MasterTop BC 372EPA, a new component to its epoxy-based industrial MasterTop 1273 flooring system, to the European market. The new component is designed to improve the durability and performance of the flooring system.
  • In February 2022, Nippon Paint Co., Ltd. (NPTU) launched two anti-viral and anti-bacterial water-based paint products, "PROTECTON Floor VK Clear" (for floors) and "PROTECTON Interior Wall VK Coat." The products are designed to help prevent the spread of viruses and bacteria in industrial and commercial settings.
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Global Industrial Flooring Market size was valued at USD 8.37 Billion in 2022 and is poised to grow from USD 8.87 Billion in 2023 to USD 14.14 Billion by 2031, at a CAGR of 6% during the forecast period (2024-2031).

Through vast product portfolios and well-timed acquisitions, top industrial flooring firms like BASF SE, RPM International Inc., and Sika AG have kept a strong market presence. These titans of the business frequently concentrate on research and development to produce cutting-edge flooring selections that satisfy changing market needs and offer sustainable and environmentally friendly alternatives. 'BASF SE (Germany)', 'RPM International Inc. (USA)', 'Sika AG (Switzerland)', 'The Sherwin-Williams Company (USA)', 'PPG Industries, Inc. (USA)', 'Ardex Group (Germany)', 'Tennant Company (USA)', 'The Euclid Chemical Company (USA)', 'Flowcrete Group Ltd. (United Kingdom)', 'Conren Limited (United Kingdom)', 'Forbo Flooring Systems (Switzerland)', 'Tarkett S.A. (France)', 'Nora Systems, Inc. (Germany)', 'AICA Kogyo Co., Ltd. (Japan)', 'Cornerstone Flooring (USA)', 'Maris Polymers (Greece)', 'Milliken & Company (USA)', 'Key Resin Company (USA)', 'Plexi-Chemie, Inc. (USA)', 'Stonhard (USA)'

The need for industrial flooring solutions is being driven by continuous infrastructure development and industrialization initiatives across the world, particularly in emerging nations. Industrial buildings, storage facilities, logistical hubs, and industrial facilities all need reliable flooring to support their operations.

Epoxy and Polyurethane Dominance: Due to their strength and adaptability, flooring solutions made of epoxy and polyurethane continue to rule the market. The food and beverage, automobile, and healthcare industries all make extensive use of these materials.

Europe leads the world market for industrial flooring in terms of geographic areas. Additionally, the area is well-positioned to quickly bounce back from the pandemic's negative economic effects. The predicted recovery in industrial manufacturing activity, which is forecast to considerably boost demand for industrial flooring solutions, may be partly blamed for this upswing. Additionally, similar to North America, Europe is home to a large number of factories, assembly lines, and processing facilities serving the pharmaceutical, food, and beverage, and automotive industries. Due to this geographic advantage, industrial flooring solutions will continue to be in high demand in the years to come.

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