The Middle East & Africa industrial concrete flooring market was valued at US$ 2.15 billion in 2022 and is expected to reach US$ 2.98 billion by 2030; it is estimated to register a CAGR of 4.2% from 2022 to 2030.
Various players operating in the construction industry are also paying high attention to factors such as Leadership in Energy and Environmental Design (LEED) ratings and green points. For the industrial construction sector, sustainable development is an essential consideration. By incorporating green building practices and materials, industrial construction projects try to reduce their environmental impact and contribute to a more sustainable future.
Green concrete is a material that promises not only strength and durability but also significantly reduces environmental footprints. Green polished concrete floors are suitable for those seeking a harmonious blend of sustainability, practicality, and aesthetics in their flooring solution. Many manufacturing and warehouse facilities are seeking LEED certification, a globally recognized green building rating system. These facilities opt for polished concrete floors owing to their environmentally friendly attributes. Therefore, the trend of focusing on using sustainable solutions in industrial construction is expected to boost the industrial concrete flooring market growth.
With its vast energy resources, the oil & gas production industry in the Middle East is another key factor in driving the demand for industrial concrete flooring. Harsh environmental conditions and the requirement of safe working environments make concrete flooring necessary in the oil & gas industry's operations. The Middle East & Africa market is evolving due to the increasing passenger vehicle production.
The demand for vehicles made in the region is growing consistently. The increasing passenger vehicle production is driving the industrial concrete flooring market. In September 2022, Renault Group Morocco announced that its two factories in Tangier and Casablanca, Morocco, produced 350,000 vehicles in 2022, a 15.3% increase over the production numbers in 2021.
Focus on Using Sustainable Solutions in Industrial Construction Bolster Middle East & Africa Industrial Concrete Flooring Market
In recent years, there has been a rising inclination toward sustainable and green construction activities. Green and sustainable construction is the practice of developing and using more resource-efficient construction products. The construction industry is resource-intensive, and constructing a building consumes a lot of natural resources. Green construction causes a negligible impact on the natural environment of the project site. As a result, there is a growing focus on green construction. Also, factors such as the rise in awareness of the environmental effects of different building materials and changes in government policies are leading to the large-scale adoption of green and sustainable products for construction.Various players operating in the construction industry are also paying high attention to factors such as Leadership in Energy and Environmental Design (LEED) ratings and green points. For the industrial construction sector, sustainable development is an essential consideration. By incorporating green building practices and materials, industrial construction projects try to reduce their environmental impact and contribute to a more sustainable future.
Green concrete is a material that promises not only strength and durability but also significantly reduces environmental footprints. Green polished concrete floors are suitable for those seeking a harmonious blend of sustainability, practicality, and aesthetics in their flooring solution. Many manufacturing and warehouse facilities are seeking LEED certification, a globally recognized green building rating system. These facilities opt for polished concrete floors owing to their environmentally friendly attributes. Therefore, the trend of focusing on using sustainable solutions in industrial construction is expected to boost the industrial concrete flooring market growth.
Middle East & Africa Industrial Concrete Flooring Market Overview
Countries in the Middle East & Africa are rapidly expanding their manufacturing sector, which contributes to the demand for industrial concrete flooring. As various industries, including transportation, food and beverages, and electronics, continue to thrive, there is a continuous need for hard, durable, oil and chemical-resistant, and static-resistant floors in the manufacturing area. Industrial concrete floors are crucial in the factory and warehouses as they offer incredible strength and are highly resistant to wear and tear from heavy equipment, frequent foot traffic, and various spills, including grease, oil, water, and various chemicals.With its vast energy resources, the oil & gas production industry in the Middle East is another key factor in driving the demand for industrial concrete flooring. Harsh environmental conditions and the requirement of safe working environments make concrete flooring necessary in the oil & gas industry's operations. The Middle East & Africa market is evolving due to the increasing passenger vehicle production.
The demand for vehicles made in the region is growing consistently. The increasing passenger vehicle production is driving the industrial concrete flooring market. In September 2022, Renault Group Morocco announced that its two factories in Tangier and Casablanca, Morocco, produced 350,000 vehicles in 2022, a 15.3% increase over the production numbers in 2021.
Middle East & Africa Industrial Concrete Flooring Market Segmentation
- The Middle East & Africa industrial concrete flooring market is categorized into type, application, end-use industry, and country.
- Based on type, the Middle East & Africa industrial concrete flooring market is segmented into overlays, polished concrete, epoxy chip flooring, and others. The epoxy chip flooring segment held the largest market share in 2022.
- Based on application, the Middle East & Africa industrial concrete flooring market is segmented into manufacturing facility, warehouses, and others. The warehouses segment held the largest market share in 2022.
- Based on end-use industry, the Middle East & Africa industrial concrete flooring market is segmented into food and beverages, chemicals, healthcare, transportation, and others. The chemicals segment held the largest market share in 2022.
- By country, the Middle East & Africa industrial concrete flooring market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa industrial concrete flooring market share in 2022.
- Becosan UK Ltd, RCR Industrial Flooring SLU, Sika AG, Sintokogio Ltd, Twintec Group Ltd, and UltraTech Cement Ltd are some of the leading companies operating in the Middle East & Africa industrial concrete flooring market.
Market Highlights
- Based on type, the Middle East & Africa industrial concrete flooring market is segmented into overlays, polished concrete, epoxy chip flooring, and others. The epoxy chip flooring segment held 52.6% market share in 2022, amassing US$ 1.13 billion. It is projected to garner US$ 1.60 billion by 2030 to register 4.5% CAGR during 2022-2030.
- The warehouses segment held 45.9% market share in 2022, amassing US$ 987.06 million. It is projected to garner US$ 1.35 billion by 2030 to register 4.0% CAGR during 2022-2030.
- The chemicals segment held 38.6% market share in 2022, amassing US$ 831.23 million. It is projected to garner US$ 1.19 billion by 2030 to register 4.6% CAGR during 2022-2030.
- This analysis states that Saudi Arabia captured 35.9% share of Middle East & Africa industrial concrete flooring market in 2022. It was assessed at US$ 773.29 million in 2022 and is likely to hit US$ 1.10 billion by 2030, registering a CAGR of 4.6% during 2022-2030.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa industrial concrete flooring market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa industrial concrete flooring market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa industrial concrete flooring market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Industrial Concrete Flooring Market Landscape
5. Middle East & Africa Industrial Concrete Flooring Market - Key Market Dynamics
6. Industrial Concrete Flooring Market - Middle East & Africa Market Analysis
7. Middle East & Africa Industrial Concrete Flooring Market Volume and Revenue Analysis - by Type
8. Middle East & Africa Industrial Concrete Flooring Market Analysis - by Application
9. Middle East & Africa Industrial Concrete Flooring Market Analysis - by End-Use Industry
10. Middle East & Africa Industrial Concrete Flooring Market - Country Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the Middle East and Africa Industrial Concrete Flooring market include:- Becosan UK Ltd
- RCR Industrial Flooring SLU
- Sika AG
- Sintokogio Ltd
- Twintec Group Ltd
- UltraTech Cement Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 101 |
| Published | August 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.15 Billion |
| Forecasted Market Value ( USD | $ 2.98 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 6 |
