According to the research report titled ‘Global Industrial Flooring Market Size study, by Resin Type (Epoxy, Polyaspartic, Polyurethane, Acrylic, Other Resin Types), by Application (Concrete, Wood, Other Applications), by End-user Industry (Food and Beverage, Chemical, Transportation and Aviation, Healthcare, Other end-user industries) and Regional Forecasts 2022-2028’ available with MarketStudyReport, global industrial flooring market was worth USD 7.9 billion in 2021 and is anticipated to expand at a CAGR of 5.4% over the forecast period to amass USD 11.42 billion by the year 2028.

As per reliable sources, growing cognizance about product benefits and rising demand from the food & beverage sector are impelling the growth of global industrial flooring market.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/5490021/  

For the unversed, industrial flooring is a long-lasting covering that is positioned over a concrete floor to enhance characteristics like load-bearing capacity, chemical, and abrasion resistance, and so on. The demanding industrial spaces benefit greatly from the usage of industrial flooring because it is waterproof and slip-resistant.

Furthermore, rising government support along with technical improvements are likely to bolster industry outlook in the coming years.

However, volatile organic compounds (VOCs) released by flooring are highly regulated, which in turn may restrain market expansion during the analysis timeframe.

Based on resin type, the industry is branched into acrylic, polyurethane, polyaspartic, and others. In terms of application ambit, the market is divided into, wood, concrete, and others. On the basis of end-user terrain, worldwide industrial flooring industry is categorized into healthcare, transport & aviation, chemical, food & beverage, and others.

Regionally, Asia Pacific market is gaining traction at present, and is anticipated to log tremendous growth over the forecast period, owing to increasing consumer awareness regarding the benefits of industrial flooring as well as burgeoning demand from the food & beverage vertical in the region.

Moving on to competitive landscape, PPG Industries, Inc., Nippon Paint Holdings Co., Ltd., Michelman, Inc., Laticrete International, Inc., Jotun Group, Fosroc, Inc., Florock, MBCC Group, Axalta Coating Systems, Ltd., and Akzo Nobel N.V. are the leading players in global industrial flooring industry.