The scope of our recent study on the "Industrial Concrete Flooring Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Type, Application, and End-Use Industry" includes the factors fueling the market growth, revenue estimation, and forecast, market share analysis, and the identification of significant market players and their key developments.

The industrial concrete flooring market size was valued at US$ 40,784.59 million in 2022 and is expected to reach US$ 61,442.69 million by 2030; it is estimated to register a CAGR of 5.3% from 2022 to 2030.

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 the US, industrial construction is an essential part of the country's economy. This sector has long been a driver of economic growth in the US. The industrial construction sector in the country includes a wide range of construction projects, including warehouses, factories, and processing plants. As the US continues to expand its manufacturing and production capabilities, the need for top-notch industrial facilities is increasing. Various companies are investing heavily in new construction projects across the country, from warehouses to factories to processing plants. In addition, the US is experiencing a striking surge in construction spending for manufacturing facilities. The surge in real manufacturing construction spending is due to a supportive policy environment for the construction of manufacturing facilities. This includes the Infrastructure Investment and Jobs Act (IIJA), Inflation Reduction Act (IRA), and CHIPS Act. Each provided direct funding and tax incentives for public and private manufacturing construction. The boom in the construction of manufacturing facilities is principally driven by construction for computer, electronic, and electrical manufacturing. Also, the construction for chemical, transportation, and food & beverage manufacturing is up from 2022. 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.

On the basis of type, the industrial concrete flooring market is segmented into overlays, polished concrete, epoxy chip flooring, and others. The global industrial concrete flooring market share for the epoxy chip flooring segment was the largest in 2022, and the overlay segment is expected to register a higher CAGR from 2022 to 2030. An overlay industrial concrete flooring system is a thin, cement-based coating that is applied over an existing concrete slab. Four different concrete overlays are used to create floors: microtoppings, stampable overlays, multipurpose overlays, and self-leveling overlays. All have distinctive qualities and offer decorative aesthetics. Microtoppings make the surface smooth and polished and are utilized for the renovation and repair of existing industrial floors.

The market is segmented into five main regions-North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Asia Pacific held the largest revenue share of the market in 2022. The expanding industrial sector in countries like China, India, and Japan is driving increased usage of these industrial concrete flooring. Japan, the world's third-largest economy, has a high per capita income. According to the Japan Automobile Manufacturers Association, Japan's automotive industry is the world's third-largest sector, with 78 plants in 22 prefectures employing over 5.5 million people. Automotive manufacturers account for 89% of Japan's largest industrial sector (the transportation and machinery industries), and automotive components suppliers have become a significant part of the Japanese economy. Thus, the growing automotive, machinery, and electronics manufacturing sectors are expected to drive the industrial concrete flooring market in Japan over the coming years.



Global Industrial Concrete Flooring Market Breakdown - by Region

The report includes the segmentation of the global industrial concrete flooring market as follows:

The global industrial concrete flooring market is divided based on type, application, and end-use industry. Based on type, the industrial concrete flooring market is segregated into overlays, polished concrete, epoxy chip flooring, and others. In terms of application, the market is segmented into manufacturing facility, warehouses, and others. By end-use industry, the market is segmented into food and beverages, chemicals, healthcare, transportation, and others. By geography, the market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Russia, Spain, Poland, and the Rest of Europe. The Asia Pacific market is further categorized into China, India, Japan, Australia, South Korea, Vietnam, and the Rest of Asia Pacific. The market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The South & Central America market is further categorized into Brazil, Argentina, and the Rest of South & Central America.


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