Industrial flooring comes across as a permanent cover on a concrete floor for enhancing properties like load-bearing capacities and resistance against abrasion and chemicals. In food and beverages vertical, purity and cleanliness are inevitable. This is where industrial flooring serves the purpose. Persistence Market Research has walked through the facts related to industrial flooring and with its team of analysts and consultants, has tabled its latest market study entitled “Industrial Flooring Market”.
Industrial Flooring Market Dynamics
The global industrial flooring market, by type of resin, spans epoxy, polyaspartic, polyurethane, acrylic, and likewise. By application, it’s wood, concrete, and others. By end-user, it’s chemical, food and beverage, transportation and aviation, healthcare, and others. Out of these, epoxy and polyurethane dominate the market. Persistence Market Research has listed out these facts with probable calls to action in its latest market study entitled “Industrial Flooring Market”.
North America and Europe are at the mature stage of the industrial flooring market. However, the Asia-Pacific is expected to grow at the fastest rate in the industrial flooring market. China leads from the front. It does represent around 33% of the global demand for chemicals. Plus, processed foodstuff is becoming popular all across China. In North China, there are over 42K manufacturers of food and beverages. Plus, there are close to 5K manufacturers of drugs over here. All these factors are expected to hold the hopes high for the Asia-Pacific in the industrial flooring market in the forecast period. Persistence Market research has mentioned these with future perspectives in its latest market study entitled “Industrial Flooring Market”.
Persistence Market Research has included the key players in the industrial flooring market as BASF SE, Sika AG, RPM International Inc., Mapei U.K. Ltd., Fosroc, Don Construction Products Ltd., Copy Polyurethanes Pvt. Ltd., Viacor Polymer GmbH, Twintec, Acrylic on, Cornerstone Flooring, Applied Flooring, AVCON Technics Pvt. Ltd., and East Coast Flooring Ltd.
Persistence Market Research has also mentioned the latest developments on this count. For instance – BASF, in September 2020, did close its Construction Chemicals business’ divestiture to one of the affiliates of Lone Star. The newly formed MBCC Group has Mannheim (Germany) as its headquarters. Sika AG, in May 2019, did the complete acquisition of the product portfolio of Parex Ltd. This is inclusive of epoxy flooring, façade mortars, waterproofing mortars, and tile adhesives.
For in-depth competitive analysis
The global industrial flooring market is likely to grow on an exponential note in the next 10 years – Persistence Market Research
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