Industrial Flooring Market

Industrial Flooring Market Analysis and Forecast by Thickness, Material Type, End-Use Industry, Region, and Country, 2023-2033

Industrial Flooring Gaining Traction for Its Durability and Cost-Effectiveness, Expanding Market Share in North America and Europe

Category: Chemicals & Materials Published Date : Oct-23 ID: CVC0199 Format: PDF Pages: 300


The Industrial Flooring Market is experiencing a transformative phase, driven by evolving industrial needs and technological advancements. As an eco-friendly alternative in the packaging industry, industrial flooring is gaining traction, especially in key countries. The market is characterized by innovation and sustainability, with key companies focusing on delivering high-quality, durable solutions. This market is poised for significant growth, offering numerous opportunities for both existing players and new entrants.

Key Findings: Industrial Flooring Market Outlook and Trends

  • Market value in 2022 stood at 8246.9 Mn, showing promising growth to reach USD 8642.8 million in 2023.
  • The market is expected to expand to USD 13812.3 million by 2033, with a CAGR of 4.8%.
  • Epoxy flooring emerges as the largest segment by type, capturing 58.8% of the market.
  • East Asia dominates the regional landscape, accounting for 41.3% of the market.
  • Key companies in the industry landscape are focusing on innovative solutions to meet the rising demand.

Drivers of Industrial Flooring Industry Growth

One of the primary drivers propelling the industrial flooring market is the increasing focus on sustainability and eco-friendliness. As industries look for greener alternatives, industrial flooring options like epoxy and rubber are gaining prominence. These materials not only offer durability but also come with lower carbon footprints, making them a preferred choice. The demand for such eco-friendly industrial flooring solutions is particularly high in key countries, further boosting the market outlook.

Key Growth Factors in the Industrial Flooring Sector

Technological advancements are significantly influencing the market trends for industrial flooring. The integration of smart technologies into flooring solutions, such as anti-microbial layers and enhanced durability features, is attracting industries across various sectors. These advancements are not only elevating the quality of the products but are also making them more versatile for different industrial applications, thereby positively affecting the market forecast.

How Big is the Industrial Flooring Market in 2023: Role of Regulations

Regulatory frameworks are also playing a crucial role in shaping the industrial flooring business expansion. Stricter regulations concerning workplace safety and emissions are compelling industries to opt for high-quality, compliant flooring solutions. This is particularly true for sectors like healthcare and manufacturing, where flooring can significantly impact both worker safety and environmental sustainability, thus driving the industry trends.

Key Challenge in the Industrial Flooring Industry

One of the key challenges facing the industrial flooring market is the initial installation cost. High-quality, sustainable flooring options often come with a higher price tag, making it a significant investment for industries, especially small and medium enterprises.

Opportunities in the Industrial Flooring Industry Landscape

The market presents a plethora of opportunities, especially in developing economies where industrialization is on the rise. As new industries emerge, the need for high-quality, durable, and sustainable flooring solutions will only increase, offering ample scope for innovation and expansion in the market.

By material type, the material type segment is classified into epoxy, polyaspartic, polyurethane, anhydrite, and others. Epoxy flooring stands out as the largest segment in the industrial flooring market, capturing 58.8% of the market share. Known for its durability and resistance to chemicals, epoxy flooring is widely used in industries like manufacturing, healthcare, and automotive.

Region-Wise Analysis

Industrial Flooring Market in North America: A Hub for Innovation

North America is a significant player in the market overview, driven by technological advancements and stringent regulations on workplace safety. The region is home to key companies that are focusing on innovative solutions, such as smart technologies integrated into flooring materials. Although specific data for North America was not available, it is estimated that the market is growing steadily, with the U.S. and Canada playing pivotal roles. Regulatory frameworks in these countries are compelling industries to opt for high-quality, compliant flooring solutions, thereby driving market trends.

Europe’s Industrial Flooring Industry: Sustainability at the Forefront

Europe is another significant market for industrial flooring, with countries like Germany, the United Kingdom, and France leading the way. The focus here is on sustainable and eco-friendly flooring solutions, in line with the European Union’s stringent environmental regulations. Although specific figures for Europe were not available, the market is estimated to grow at a steady CAGR, driven by the demand for eco-friendly alternatives in key countries.

Asia Pacific Excluding Japan: The Emerging Industrial Flooring Market

The Asia Pacific region, excluding Japan, is an emerging market for industrial flooring. Rapid industrialization in countries like China and India is driving the demand for high-quality, durable, and sustainable flooring solutions. The market is expected to grow at a significant CAGR, although specific figures were not available. The focus is on materials like epoxy and rubber, which are not only durable but also eco-friendly, aligning with the sustainability goals of these developing economies.

Japan’s Industrial Flooring Industry: A Focus on Quality

Japan is a unique market in the industrial flooring landscape, with a strong focus on quality and technological innovation. Although specific data for Japan was not available, the market is known for its high-quality products, including epoxy and rubber flooring solutions. Japanese companies are pioneers in integrating smart technologies into flooring materials, thereby setting market trends.

Latin America’s Industrial Flooring Market: Growth and Challenges

Latin America is an emerging market with significant growth potential in the industrial flooring sector. Although specific data was not available, the market is driven by the growing industrial sector in countries like Brazil and Argentina. However, the market also faces challenges such as economic limitations and the availability of raw materials, which could affect its growth trajectory.

Middle East and Africa: Opportunities in the Industrial Flooring Business

The Middle East and Africa region offers untapped growth opportunities for the market. Countries like Saudi Arabia and the UAE are focusing on industrial growth, thereby driving the demand for high-quality flooring solutions. Although specific data was not available, the market is expected to grow, fueled by investments in sectors like manufacturing and healthcare.

Key Players in the Industrial Flooring Market

The marketplace is highly competitive with several key players contributing to its growth and innovation. Some of the prominent companies operating in this business scenario include BASF SE, Cipy Polyurethanes Pvt. Ltd., Cornerstone Flooring, Don Construction Products Ltd., Fosroc, Inc., MAPEI S.p.A., RPM International Inc., Sika AG, Twintec Group Limited, and VIACOR Polymer GmbH. These companies are known for their focus on quality, innovation, and sustainability, thereby shaping the market trends and outlook.

Recent News: BASF SE’s Advancements in Carbon Capture

BASF SE has recently made a significant breakthrough in the field of carbon capture. The company is the first to commercially produce metal-organic frameworks (MOFs) on a large scale, specifically for carbon capture applications. These MOFs have a high capacity for storing carbon dioxide (CO2) and can be customized for various applications and industries. BASF has completed a project for Canadian carbon capture and removal solutions provider Svante Technologies Inc., where the MOFs produced will be used as solid sorbents for carbon capture projects. This initiative is expected to significantly reduce carbon emissions in various industrial sectors, including hydrogen, pulp and paper, cement, steel, aluminum, and chemicals.


The Industrial Flooring Market is a dynamic and competitive landscape with key players like BASF SE, Cipy Polyurethanes Pvt. Ltd., and Cornerstone Flooring leading the way. These companies are driving market trends through innovation and a focus on sustainability. For instance, BASF SE has recently achieved a milestone in carbon capture technology by being the first to produce metal-organic frameworks on a commercial scale. These frameworks have the potential to significantly reduce carbon emissions across various industrial sectors. Such advancements are indicative of the market’s growth trajectory, which is further fueled by technological innovations and a growing focus on eco-friendly solutions.

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1.1. Global Market Outlook

1.2. Technology Roadmap

1.3. Supply and Demand Side Trends

1.4. Strategic Success Factors

1.5. Analysis and Recommendation

2.1. Market Taxonomy

2.2. Market Definitions

2.3. Inclusions and Limitations

3.1. Supply Side Overview

3.2. Demand Side Overview

4.1. Macroeconomic Factors

4.2. Forecast Factors

4.3. PEST Analysis

4.4. Porter’s Five Forces

4.5. Value Chain Analysis

4.6. Market Dynamics

4.6.1. Drivers

4.6.2. Restraints

4.6.3. Opportunities

4.7. Patent Analysis

4.8. Trade Analysis

4.9. Investment Feasibility Matrix

4.10. Challenges for New Entrants

4.11. Regulations Overview

4.12. Covid-19 Impact Assessment

4.12.1. Economy/Cluster Projections

4.12.2. Covid-19 Economic Assessment

4.12.3. Potential Impact on Target Market

4.12.4. Diethyl Oxalate Recovery Scenario

5.1. Historical Value ($ Mn) and Future Market Value ($ Mn) Projection Analysis

5.2. Demand Y-o-Y Growth Rate Analysis

5.3. Total $ Opportunity Analysis

5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis

6.1. Regional Pricing Analysis by Source

6.2. Regional Price Forecast

6.3. Profit Margin Analysis

6.4. Future Price Impact Factors

7.1. Introduction

7.2. Market Trends

7.3. Historical Market Analysis and Market Forecast Analysis

7.3.1. Light duty

7.3.2. Medium Duty

7.3.3. Heavy Duty

7.4. Market Attractiveness Analysis

8.1. Introduction

8.2. Market Trends

8.3. Historical Market Analysis and Market Forecast Analysis

8.3.1. Food and Beverages

8.3.2. Healthcare

8.3.3. Chemicals

8.3.4. Transportation and Aviation

8.3.5. Others

8.4. Market Attractiveness Analysis

9.1. Introduction

9.2. Market Trends

9.3. Historical Market Analysis and Market Forecast Analysis

9.3.1. Epoxy

9.3.2. Polyaspartic

9.3.3. Polyurethane

9.3.4. Anhydrite

9.3.5. Others

9.4. Market Attractiveness Analysis

10.1. Introduction

10.2. Market Trends

10.3. Historical Market Analysis and Market Forecast Analysis

10.3.1. North America

10.3.2. Latin America

10.3.3. Western Europe

10.3.4. Eastern Europe

10.3.5. East Asia

10.3.6. South Asia Pacific

10.3.7. Middle East and Africa

10.4. Market Attractiveness Analysis by Region

11.1. Introduction

11.2. Key Market Trends

11.3. Pricing Analysis

11.4. Historical Market Analysis and Market Forecast Analysis

11.4.1. By Country The U.S. Canada

11.4.2. By Thickness

11.4.3. By Material Type

11.4.4. By End-user Industry

11.5. Market Attractiveness Analysis

11.5.1. By Country

11.5.2. By Thickness

11.5.3. By Material Type

11.5.4. By End-user Industry

11.6. Market Participants Presence Mapping

12.1. Introduction

12.2. Key Market Trends

12.3. Pricing Analysis

12.4. Historical Market Analysis and Market Forecast Analysis

12.4.1. By Country Brazil Mexico Rest of L.A.

12.4.2. By Thickness

12.4.3. By Material Type

12.4.4. By End-user Industry

12.5. Market Attractiveness Analysis

12.5.1. By Country

12.5.2. By Thickness

12.5.3. By Material Type

12.5.4. By End-user Industry

12.6. Market Participants Presence Mapping

13.1. Introduction

13.2. Key Market Trends

13.3. Pricing Analysis

13.4. Historical Market Analysis and Market Forecast Analysis

13.4.1. By Country Germany Italy France The U.K. Spain BENELUX Nordics Rest of Western Europe

13.5. By Thickness

13.6. By Material Type

13.7. By End-user Industry

13.8. Market Attractiveness Analysis

13.8.1. By Country

13.8.2. By Thickness

13.8.3. By Material Type

13.8.4. By End-user Industry

13.9. Market Participants Presence Mapping

14.1. Introduction

14.2. Key Market Trends

14.3. Pricing Analysis

14.4. Historical Market Analysis and Market Forecast Analysis

14.4.1. By Country Poland Russia Baltics Balkans Rest of Eastern Europe

14.4.2. By Thickness

14.4.3. By Material Type

14.4.4. By End-user Industry

14.5. Market Attractiveness Analysis

14.5.1. By Country

14.5.2. By Thickness

14.5.3. By Material Type

14.5.4. By End-user Industry

14.6. Market Participants Presence Mapping

15.1. Introduction

15.2. Key Market Trends

15.3. Pricing Analysis

15.4. Historical Market Analysis and Market Forecast Analysis

15.4.1. By Country China Japan South Korea

15.4.2. By Thickness

15.4.3. By Material Type

15.4.4. By End-user Industry

15.5. Market Attractiveness Analysis

15.5.1. By Country

15.5.2. By Thickness

15.5.3. By Material Type

15.5.4. By End-user Industry

15.6. Market Participants Presence Mapping

16.1. Introduction

16.2. Key Market Trends

16.3. Pricing Analysis

16.4. Historical Market Analysis and Market Forecast Analysis

16.4.1. By Country India ASEAN ANZ Rest of SAP

16.4.2. By Thickness

16.4.3. By Material Type

16.4.4. By End-user Industry

16.5. Market Attractiveness Analysis

16.5.1. By Country

16.5.2. By Thickness

16.5.3. By Material Type

16.5.4. By End-user Industry

16.6. Market Participants Presence Mapping

17.1. Introduction

17.2. Key Market Trends

17.3. Pricing Analysis

17.4. Historical Market Analysis and Market Forecast Analysis

17.4.1. By Country GCC Countries Turkey South Africa Rest of MEA

17.4.2. By Thickness

17.4.3. By Material Type

17.4.4. By End-user Industry

17.5. Market Attractiveness Analysis

17.5.1. By Country

17.5.2. By Thickness

17.5.3. By Material Type

17.5.4. By End-user Industry

17.6. Market Participants Presence Mapping

18.1. Market Concentration Analysis

18.2. Tier Structure Breakdown

18.3. Market Share Analysis

18.4. Production Capacity Analysis

18.5. Key Strategies Adopted by Top Players

18.6. Start-up Ecosystem

18.6.1. New Player Entry

18.6.2. Strategies Adopted by New Players

18.7. Company Footprint Analysis

18.8. Competitive Dashboard

19.1. Akzo Nobel NV

19.2. Axalta Coating Systems

19.3. Florock

19.4. LATICRETE International Inc.

19.5. JOTUN

19.6. Michelman Inc

19.7. Nippon Paint Holdings Co. Ltd

19.8. MBCC Group

19.9. PPG Industries Inc.

19.10. RPM International Inc.

19.11. The Sherwin-Williams Company

19.12. Teknos Group

19.13. Sika AG

19.14. Fosroc Inc.


19.16. Cipy Polyurethanes Pvt. Ltd

19.17. Cornerstone Flooring

19.18. Fosroc, Inc.

19.19. VIACOR Polymer GmbH

19.20. RPM International Inc.