Industrial Flooring Market is expanding rapidly with Sherwin-Williams introducing high-performance flooring products including color pallets

 

Industrial Flooring Market

Industrial flooring is simply the general terminology used to describe the work of laying down such a covered flooring surface, usually made of concrete. Such flooring surfaces are used in industrial facilities where the temperature and/or conditions change frequently, and also in construction projects where the final appearance of the building will be subject to change as well. When it comes to regional impact, Asia Pacific seems to be exhibiting a positive outlook in the industrial flooring market. This is due to rapid economic growth and rising industrialization across emerging economies such as China and India. On the contrary, North America is registering robust traction due to increasing number of manufacturing facilities in the region. 

Vinyl flooring is a great option when it comes to industrial flooring. Vinyl flooring is a very flexible product that can also be customized to fit in with various other designs, styles, and patterns. As it is quite commonly used for both interior and exterior applications, vinyl flooring is one of the most durable and long-lasting floor coverings available. The investment in the infrastructure and construction industry has increased significantly in the recent past. With rapid urbanization and industrialization, both developed and emerging economies are increasingly investing in public infrastructure. As per the India Brand Equity Foundation (IBEF), India is expected to become the world’s third-largest construction market by 2022. This, in turn, has increased the demand for industrial flooring products and services. Thus, such factors can stimulate growth of the industrial flooring market.

Concrete flooring is another option when it comes to industrial flooring. The first step is to remove the existing concrete surface and dispose of it as waste. An epoxy resin is then applied over the top of the exposed concrete, and a coating of paint is then applied to give the concrete a nice glossy finish. That being said, there are several aspects of the market that can negatively impact the potential development. For instance, raw material prices fluctuate frequently, which can pose major challenges. Besides, stringent regulations on VOCs released on flooring and operational constraints can impede growth of the industrial flooring market.

Wood is perhaps the most common choice of material for industrial flooring, but there are other alternatives available as well. For instance, concrete and slate are two more popular options. Unlike concrete and slate, which are often prone to warping and damage, gypsum and cellulose are much more resistant. Another key factor that could influence the market development is growing awareness regarding the advantages of industrial flooring. The flooring used in industrial settings offers numerous advantages including it is easy to maintain, resistant to a large number of chemicals such as acids, and can be decorated. Hence, these factors can augment growth of the industrial flooring market. Recently, in June 2021, Sherwin-Williams launched high-performance flooring products including color pallets.


Location: India

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