Industrial flooring involves the process of permanently covering floor surfaces using various materials to establish a durable foundation that can withstand abrasion, heavy traffic, and substantial loads. The primary purpose of industrial flooring is to provide resilience and resistance to the surface, offering a range of designs, textures, and colors.
The main categories of industrial flooring include light-duty, medium-duty, and heavy-duty. Light-duty flooring is typically employed in manufacturing units and clean room areas where activities involve manpower and trolley movement. Various flooring materials, such as concrete, wood, mortar, and others, are utilized in applications spanning food and beverage manufacturing, healthcare, industrial manufacturing, automotive manufacturing, and more.
The industrial flooring market research report is one of a series of new reports that provides industrial flooring market statistics, including industrial flooring industry global market size, regional shares, competitors with an industrial flooring market share, detailed industrial flooring market segments, market trends and opportunities, and any further data you may need to thrive in the industrial flooring industry. This industrial flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial flooring market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.53 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth observed in the historical period can be attributed to several factors, including the rise in industrial expansion. As industries expanded, there was a concurrent increase in the demand for safety compliance, emphasizing the importance of adhering to safety standards and regulations. Furthermore, there was a growing demand for industrial floor coatings with chemical resistance properties, addressing the need to protect surfaces from corrosive substances commonly found in industrial settings. Additionally, the requirement for floor coatings capable of withstanding the impact of heavy equipment became more pronounced, aligning with the industrial need for durability and longevity in flooring solutions. These factors collectively contributed to the growth experienced in the historic period.
The industrial flooring market size is expected to see strong growth in the next few years. It will grow to $9.58 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period is driven by an increasing demand for sustainability, a thriving food and beverage sector, growing needs in e-commerce and warehousing, a rising pharmaceutical and healthcare industry, and evolving regulatory changes. Noteworthy trends expected in the forecast period encompass the popularity of epoxy resin flooring, the rise of polished concrete flooring, the demand for anti-static and ESD flooring, the adoption of fast-curing flooring systems, and the emergence of smart flooring.
The anticipated growth in the industrial flooring market is driven by an increasing demand from the food and beverage sectors. This sector, encompassing the processing, packaging, and distribution of food and beverages, requires industrial flooring that adheres to safety and cleanliness standards. In 2021, the revenue of the food manufacturing sector in Canada increased by 14.8% YoY, underscoring the significance of industrial flooring in meeting industry demands. Therefore, the surge in demand from the food and beverage sectors is poised to propel the growth of the industrial flooring market.
The growth of the industrial flooring market is expected to be fueled by rising workplace regulations. These regulations emphasize safety, cleanliness, and compliance with environmental, chemical, and electrostatic discharge (ESD) standards, driving the need for specialized and durable flooring solutions across industries. Industrial flooring plays a crucial role in maintaining a safe work environment and ensuring adherence to regulatory requirements. For instance, EU regulations mandate strict hygiene standards for flooring in the food industry, requiring cleanliness, easy disinfection, and the use of non-absorbent, non-toxic materials. Thus, the increasing emphasis on workplace regulations is a key driver of the industrial flooring market's growth.
A major trend in the industrial flooring market is the focus on product innovations by major companies to strengthen their market position. In September 2021, Topciment, a Spain-based manufacturer of microcement products, introduced Industtrial, an epoxy micro concrete specifically designed for the industrial flooring market. This innovative product combines the durability of epoxy systems with the decorative qualities of micro concretes, offering a new solution for high-traffic areas. Industtrial, with its superior hardness, mechanical strength, and impermeability, is suitable for various industrial applications, showcasing resistance to chemical agents.
Major companies in the industrial flooring market are also prioritizing sustainability by developing eco-friendly flooring solutions. AHF Products, a US-based flooring products company, launched Armstrong Flooring Natralis Commercial Homogeneous Vinyl Sheet in June 2023. This collection of vinyl sheets for commercial settings is inspired by North American landscapes and offers a practical and aesthetically pleasing solution. Natralis is highly durable, easy to maintain, and suitable for high-traffic applications in healthcare, senior living, education, and hospitality. It prioritizes sustainability with certifications for indoor air quality and eco-friendly features, making it an environmentally conscious choice for commercial interiors.
In April 2022, RCR Industrial Flooring, a Spain-based manufacturer of industrial flooring products, acquired Solastra for an undisclosed amount. This strategic acquisition aimed to position RCR Industrial Flooring as the leading provider of industrial flooring solutions in the French market. Solastra, a France-based company, specializes in providing industrial flooring solutions.
Major companies operating in the industrial flooring market include BASF SE, Cornerstone Flooring, Fosroc Inc., Sika AG, PPG Industries, The Sherwin-Williams Company, Master Builders Solutions Group, Summit Industrial Flooring, Premier Industrial Flooring, Armstrong Flooring Inc., RCR Industrial Flooring, Cipy Polyurethanes Pvt. Ltd., Don Construction Products Ltd., RPM International Inc., Akzo Nobel N.V., MBCC Group, Twintec Group Limited, VIACOR Polymer GmbH, The Bonie Group, Flowcrete Group Ltd., Elgood Industrial Flooring, 3M Company, Resdev Ltd., IFI Floorings Ltd., SSC Industrial Flooring Ltd., Veitchi Group, THE IRL GROUP, Stonhard, Dur-A-Flex Inc., Key Resin Company, Tennant Company, Florock Polymer Flooring Systems, Elite Crete Systems
Asia-Pacific was the largest region in the industrial flooring market in 2023. The regions covered in the industrial flooring market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the industrial flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The industrial flooring market includes revenues earned by entities by providing enhanced durability and resistance to abrasion (materials such as epoxy, polyaspartic, polyurethane, and anhydrite). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main categories of industrial flooring include light-duty, medium-duty, and heavy-duty. Light-duty flooring is typically employed in manufacturing units and clean room areas where activities involve manpower and trolley movement. Various flooring materials, such as concrete, wood, mortar, and others, are utilized in applications spanning food and beverage manufacturing, healthcare, industrial manufacturing, automotive manufacturing, and more.
The industrial flooring market research report is one of a series of new reports that provides industrial flooring market statistics, including industrial flooring industry global market size, regional shares, competitors with an industrial flooring market share, detailed industrial flooring market segments, market trends and opportunities, and any further data you may need to thrive in the industrial flooring industry. This industrial flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial flooring market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.53 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth observed in the historical period can be attributed to several factors, including the rise in industrial expansion. As industries expanded, there was a concurrent increase in the demand for safety compliance, emphasizing the importance of adhering to safety standards and regulations. Furthermore, there was a growing demand for industrial floor coatings with chemical resistance properties, addressing the need to protect surfaces from corrosive substances commonly found in industrial settings. Additionally, the requirement for floor coatings capable of withstanding the impact of heavy equipment became more pronounced, aligning with the industrial need for durability and longevity in flooring solutions. These factors collectively contributed to the growth experienced in the historic period.
The industrial flooring market size is expected to see strong growth in the next few years. It will grow to $9.58 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period is driven by an increasing demand for sustainability, a thriving food and beverage sector, growing needs in e-commerce and warehousing, a rising pharmaceutical and healthcare industry, and evolving regulatory changes. Noteworthy trends expected in the forecast period encompass the popularity of epoxy resin flooring, the rise of polished concrete flooring, the demand for anti-static and ESD flooring, the adoption of fast-curing flooring systems, and the emergence of smart flooring.
The anticipated growth in the industrial flooring market is driven by an increasing demand from the food and beverage sectors. This sector, encompassing the processing, packaging, and distribution of food and beverages, requires industrial flooring that adheres to safety and cleanliness standards. In 2021, the revenue of the food manufacturing sector in Canada increased by 14.8% YoY, underscoring the significance of industrial flooring in meeting industry demands. Therefore, the surge in demand from the food and beverage sectors is poised to propel the growth of the industrial flooring market.
The growth of the industrial flooring market is expected to be fueled by rising workplace regulations. These regulations emphasize safety, cleanliness, and compliance with environmental, chemical, and electrostatic discharge (ESD) standards, driving the need for specialized and durable flooring solutions across industries. Industrial flooring plays a crucial role in maintaining a safe work environment and ensuring adherence to regulatory requirements. For instance, EU regulations mandate strict hygiene standards for flooring in the food industry, requiring cleanliness, easy disinfection, and the use of non-absorbent, non-toxic materials. Thus, the increasing emphasis on workplace regulations is a key driver of the industrial flooring market's growth.
A major trend in the industrial flooring market is the focus on product innovations by major companies to strengthen their market position. In September 2021, Topciment, a Spain-based manufacturer of microcement products, introduced Industtrial, an epoxy micro concrete specifically designed for the industrial flooring market. This innovative product combines the durability of epoxy systems with the decorative qualities of micro concretes, offering a new solution for high-traffic areas. Industtrial, with its superior hardness, mechanical strength, and impermeability, is suitable for various industrial applications, showcasing resistance to chemical agents.
Major companies in the industrial flooring market are also prioritizing sustainability by developing eco-friendly flooring solutions. AHF Products, a US-based flooring products company, launched Armstrong Flooring Natralis Commercial Homogeneous Vinyl Sheet in June 2023. This collection of vinyl sheets for commercial settings is inspired by North American landscapes and offers a practical and aesthetically pleasing solution. Natralis is highly durable, easy to maintain, and suitable for high-traffic applications in healthcare, senior living, education, and hospitality. It prioritizes sustainability with certifications for indoor air quality and eco-friendly features, making it an environmentally conscious choice for commercial interiors.
In April 2022, RCR Industrial Flooring, a Spain-based manufacturer of industrial flooring products, acquired Solastra for an undisclosed amount. This strategic acquisition aimed to position RCR Industrial Flooring as the leading provider of industrial flooring solutions in the French market. Solastra, a France-based company, specializes in providing industrial flooring solutions.
Major companies operating in the industrial flooring market include BASF SE, Cornerstone Flooring, Fosroc Inc., Sika AG, PPG Industries, The Sherwin-Williams Company, Master Builders Solutions Group, Summit Industrial Flooring, Premier Industrial Flooring, Armstrong Flooring Inc., RCR Industrial Flooring, Cipy Polyurethanes Pvt. Ltd., Don Construction Products Ltd., RPM International Inc., Akzo Nobel N.V., MBCC Group, Twintec Group Limited, VIACOR Polymer GmbH, The Bonie Group, Flowcrete Group Ltd., Elgood Industrial Flooring, 3M Company, Resdev Ltd., IFI Floorings Ltd., SSC Industrial Flooring Ltd., Veitchi Group, THE IRL GROUP, Stonhard, Dur-A-Flex Inc., Key Resin Company, Tennant Company, Florock Polymer Flooring Systems, Elite Crete Systems
Asia-Pacific was the largest region in the industrial flooring market in 2023. The regions covered in the industrial flooring market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the industrial flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The industrial flooring market includes revenues earned by entities by providing enhanced durability and resistance to abrasion (materials such as epoxy, polyaspartic, polyurethane, and anhydrite). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Industrial Flooring Market Characteristics3. Industrial Flooring Market Trends And Strategies31. Global Industrial Flooring Market Competitive Benchmarking32. Global Industrial Flooring Market Competitive Dashboard33. Key Mergers And Acquisitions In The Industrial Flooring Market
4. Industrial Flooring Market - Macro Economic Scenario
5. Global Industrial Flooring Market Size and Growth
6. Industrial Flooring Market Segmentation
7. Industrial Flooring Market Regional And Country Analysis
8. Asia-Pacific Industrial Flooring Market
9. China Industrial Flooring Market
10. India Industrial Flooring Market
11. Japan Industrial Flooring Market
12. Australia Industrial Flooring Market
13. Indonesia Industrial Flooring Market
14. South Korea Industrial Flooring Market
15. Western Europe Industrial Flooring Market
16. UK Industrial Flooring Market
17. Germany Industrial Flooring Market
18. France Industrial Flooring Market
19. Italy Industrial Flooring Market
20. Spain Industrial Flooring Market
21. Eastern Europe Industrial Flooring Market
22. Russia Industrial Flooring Market
23. North America Industrial Flooring Market
24. USA Industrial Flooring Market
25. Canada Industrial Flooring Market
26. South America Industrial Flooring Market
27. Brazil Industrial Flooring Market
28. Middle East Industrial Flooring Market
29. Africa Industrial Flooring Market
30. Industrial Flooring Market Competitive Landscape And Company Profiles
34. Industrial Flooring Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Industrial Flooring Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial flooring market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for industrial flooring? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Material Type: Epoxy; Polyaspartic; Polyurethane; Acrylic; Other Material Types 2) By Thickness: Light Duty; Medium Duty; Heavy Duty 3) By End-User Industry: Food And Beverage; Chemical; Transportation And Aviation; Healthcare; Other End-User Industries
- Companies Mentioned: BASF SE; Cornerstone Flooring; Fosroc Inc.; Sika AG; PPG Industries
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- BASF SE
- Cornerstone Flooring
- Fosroc Inc.
- Sika AG
- PPG Industries
- The Sherwin-Williams Company
- Master Builders Solutions Group
- Summit Industrial Flooring
- Premier Industrial Flooring
- Armstrong Flooring Inc.
- RCR Industrial Flooring
- Cipy Polyurethanes Pvt. Ltd.
- Don Construction Products Ltd.
- RPM International Inc.
- Akzo Nobel N.V.
- MBCC Group
- Twintec Group Limited
- VIACOR Polymer GmbH
- The Bonie Group
- Flowcrete Group Ltd.
- Elgood Industrial Flooring
- 3M Company
- Resdev Ltd.
- IFI Floorings Ltd.
- SSC Industrial Flooring Ltd.
- Veitchi Group
- THE IRL GROUP
- Stonhard
- Dur-A-Flex Inc.
- Key Resin Company
- Tennant Company
- Florock Polymer Flooring Systems
- Elite Crete Systems
Methodology
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