The report presents a comprehensive overview of industry trends, growth, share and the competitive landscape in 200 pages.
Report Ocean, a leading market research firm, has recently published a recovery-focused report for the global Industrial Flooring Market. The report provides crucial details on company opportunities, growth strategies, emerging trends, innovations, competitive landscape and geographical outlook in 2023-2030.
Global Industrial Flooring Market is valued at approximately USD 7.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2022-2028.
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What is Industrial Flooring, and how is it used?
Industrial flooring is a permanent cover that is placed over a concrete floor to improve features such as load-bearing capacity, chemical and abrasion resistance, and so on, depending on the needs of the end-user industry. Industrial flooring is waterproof and slip-resistant, making it excellent for use in demanding industrial environments. Fitness centres, businesses, manufacturing sites, and hotels are all typical places where they can be found. The increasing public awareness of the benefits of industrial flooring and increasing demand from the food and beverage industry have led to the adoption of Industrial Flooring across the forecast period. For Instance: as per Statista in 2021, an estimated 6.2 percent compound annual growth rate was predicted for the Global flooring market. The value of the flooring market was projected to reach 434.2 billion in 2021 and over 620 billion in 2028. Also, with the increasing Government assistance and technological advancements, the adoption & demand for Industrial Flooring is likely to increase the market growth during the forecast period. However, VOCs emitted by flooring are regulated strictly which may impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the Global Industrial Flooring market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is both the leading and fastest-growing region in the Industrial Flooring Market owing to the increasing public awareness of the benefits of Industrial Flooring coupled with the increasing demand from the food and beverage industry.
Major market players included in this report are:
- Akzo Nobel NV
- Axalta Coating Systems
- MBCC Group
- Florock
- Fosroc Inc.
- JOTUN
- LATICRETE International Inc.
- Michelman Inc.
- Nippon Paint Holdings Co. Ltd
- PPG Industries Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Resin Type:
Epoxy
Polyaspartic
Polyurethane
Acrylic
Other Resin Types
By Application:
Concrete
Wood
Other Applications
By End-user Industry:
Food and Beverage
Chemical
Transportation and Aviation
Healthcare,
Other end-user industries
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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The following are significant aspects of the industry that may be relevant:
Market Size and Growth: The size of the market and its projected growth rate are essential factors that can provide valuable insights into the industry’s potential.
Competition: The level of competition in the market is a significant factor that can impact the pricing and profitability of companies operating in the industry.
Technology: Technology plays a critical role in the industry as search algorithms and consumer behavior continue to evolve rapidly.
Consumer Behavior: Understanding consumer behavior, such as search habits and preferences, can help companies optimize their marketing strategies and drive sales.
Regulatory Environment: The industry is subject to various regulatory requirements, including data protection and privacy laws, which can impact the way companies operate in the market.
Economic Factors: Economic factors, such as GDP, inflation, and consumer spending, can affect the growth and profitability of the industry.
Emerging Trends: Staying updated with emerging trends, such as voice search and artificial intelligence, can help companies stay ahead of the curve in the industry.
Here are the key highlights of the report:
- Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
- In-depth analysis of the competitive landscape, identifying key trends within the industry.
- Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER’s five forces.
- Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
- Guidance provided for new market entrants, assisting them in navigating the industry landscape.
- Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.
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