The Europe industrial concrete flooring market was valued at US$ 12.38 billion in 2022 and is expected to reach US$ 18.45 billion by 2030; it is estimated to register a CAGR of 5.1% from 2022 to 2030.
The government is also supporting companies in capacity building in the region. For instance, the European Chips Act Regulation was proposed as part of a broader package of measures for strengthening the EU's semiconductor ecosystem. It entered into force in September 2023. The European Chips Act focuses on different strategic objectives, such as building and reinforcing the region's capacity to innovate in the design, manufacturing, and packaging of advanced chips, putting in place an adequate framework to increase production by 2030, and others. Concrete flooring is highly used in different industrial environments. Therefore, the increase in industrial construction activities in different regions is driving the demand for different construction materials, including concrete flooring.
As per the European Commission, Europe is the largest manufacturer of motor vehicles worldwide. The automobile industry directly and indirectly employs ?13.8 million people, resulting in 6.1% of overall employment in the European Union (EU). According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the EU produced 16.2 million vehicles in 2022. The region has several prominent automotive players, including Volkswagen AG, Stellantis NV, Mercedes-Benz Group AG, Bayerische Motoren Werke AG, and Renault SA. The large number of European automotive production facilities has amplified the need for industrial concrete flooring.
Europe is recognized for its pharmaceutical manufacturing, with Germany, France, Switzerland, and Italy being the major producers in the region. The selection of high-performance pharmaceutical factory flooring is becoming essential to maintain the sterile environment in the manufacturing plants of pharmaceutical medications and other approved drugs.
Growing Industrial Construction Activities Drives Europe Industrial Concrete Flooring Market
The industrial construction sector is experiencing rapid growth due to several factors, such as the growing construction of new factories and industrial facilities, rising investments, and increasing government initiatives. In Europe, many businesses have been forced to reassess their global strategy due to developments triggered by the COVID-19 pandemic and exacerbated by the tense geopolitical situation. It is becoming highly risky to build production sites in parts of the world that are far from the market. Hence, various companies are increasingly building production facilities in Europe. These companies are finding support for their decisions both at the national and international levels.The government is also supporting companies in capacity building in the region. For instance, the European Chips Act Regulation was proposed as part of a broader package of measures for strengthening the EU's semiconductor ecosystem. It entered into force in September 2023. The European Chips Act focuses on different strategic objectives, such as building and reinforcing the region's capacity to innovate in the design, manufacturing, and packaging of advanced chips, putting in place an adequate framework to increase production by 2030, and others. Concrete flooring is highly used in different industrial environments. Therefore, the increase in industrial construction activities in different regions is driving the demand for different construction materials, including concrete flooring.
Europe Industrial Concrete Flooring Market Overview
The food and beverage industry is one of the largest manufacturing industries in Europe. According to data published by" FoodDrinkEurope," the European food & drink industry employs 4.6 million people and generates a turnover of US$ 1.15 trillion in 2022. Also, Europe is the largest exporter of food and drink products in the world, with exports reaching US$ 164.21 billion. The growing production of food and beverages in Europe has generated the demand for industrial concrete flooring in the region. The automobile industry is among the well-established industries in Europe. The automotive industry contributes notably to the GDPs of several European countries, including Germany, the UK, and Italy.As per the European Commission, Europe is the largest manufacturer of motor vehicles worldwide. The automobile industry directly and indirectly employs ?13.8 million people, resulting in 6.1% of overall employment in the European Union (EU). According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), the EU produced 16.2 million vehicles in 2022. The region has several prominent automotive players, including Volkswagen AG, Stellantis NV, Mercedes-Benz Group AG, Bayerische Motoren Werke AG, and Renault SA. The large number of European automotive production facilities has amplified the need for industrial concrete flooring.
Europe is recognized for its pharmaceutical manufacturing, with Germany, France, Switzerland, and Italy being the major producers in the region. The selection of high-performance pharmaceutical factory flooring is becoming essential to maintain the sterile environment in the manufacturing plants of pharmaceutical medications and other approved drugs.
Europe Industrial Concrete Flooring Market Segmentation
- The Europe industrial concrete flooring market is categorized into type, application, end-use industry, and country.
- Based on type, the Europe 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 Europe industrial concrete flooring market is segmented into manufacturing facility, warehouses, and others. The manufacturing facility segment held the largest market share in 2022.
- Based on end-use industry, the Europe industrial concrete flooring market is segmented into food and beverages, chemicals, healthcare, transportation, and others. The food and beverages segment held the largest market share in 2022.
- By country, the Europe industrial concrete flooring market is segmented into Germany, France, the UK, Italy, Russia, Spain, Poland, and the Rest of Europe. The Rest of Europe dominated the Europe industrial concrete flooring market share in 2022.
- Becosan UK Ltd, Primekss SIA, RCR Industrial Flooring SLU, Sika AG, Sintokogio Ltd, Stanford Industrial Concrete Flooring Ltd, and Twintec Group Ltd are some of the leading companies operating in the Europe industrial concrete flooring market.
Market Highlights
- Based on type, the Europe industrial concrete flooring market is segmented into overlays, polished concrete, epoxy chip flooring, and others. The epoxy chip flooring segment held 50.1% market share in 2022, amassing US$ 6.21 billion. It is projected to garner US$ 9.32 billion by 2030 to register 5.2% CAGR during 2022-2030.
- The manufacturing facility segment held 59.4% market share in 2022, amassing US$ 7.36 billion. It is projected to garner US$ 10.87 billion by 2030 to register 5.0% CAGR during 2022-2030.
- The food and beverages segment held 31.5% market share in 2022, amassing US$ 3.89 billion. It is projected to garner US$ 6.16 billion by 2030 to register 5.9% CAGR during 2022-2030.
- This analysis states that the Rest of Europe captured 24.7% share of Europe industrial concrete flooring market in 2022. It was assessed at US$ 3.06 billion in 2022 and is likely to hit US$ 4.20 billion by 2030, registering a CAGR of 4.0% during 2022-2030.
- In November 2023, Sika acquired a 30% stake in Finnish start-up Concria Oy, specializing in innovative concrete floors. Concria's technology offers contractors, architects, and property owners advantages in installation and polishing. Sika's global network and product portfolio will provide an attractive growth platform. The technology includes dry shake hardeners and a unique procedure for grinding and polishing concrete floors.
- In December 2022, RCR Industrial Flooring acquired Motit World, a leading engineering and consultancy firm in urban mobility. The acquisition aims to accelerate the transformation of the RCR group and develop new customer services, leveraging Motit's expertise in electric vehicle design, manufacturing, and integration.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe 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 Europe 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 Europe market trends and outlook coupled with the factors driving the Europe 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. Europe Industrial Concrete Flooring Market Landscape
5. Europe Industrial Concrete Flooring Market - Key Market Dynamics
6. Industrial Concrete Flooring Market - Europe Analysis
7. Europe Industrial Concrete Flooring Market Volume and Revenue Analysis - by Type
8. Europe Industrial Concrete Flooring Market Analysis - by Application
9. Europe Industrial Concrete Flooring Market Analysis - by End-Use Industry
10. Europe 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 Europe Industrial Concrete Flooring market include:- Becosan UK Ltd
- Primekss SIA
- RCR Industrial Flooring SLU
- Sika AG
- Sintokogio Ltd
- Stanford Industrial Concrete Flooring Ltd
- Twintec Group Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 118 |
| Published | August 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 12.38 Billion |
| Forecasted Market Value ( USD | $ 18.45 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 8 |
