North America Industrial Concrete Flooring Market
No. of Pages: 101 | Report Code: BMIRE00030644 | Category: Chemicals and Materials
No. of Pages: 101 | Report Code: BMIRE00030644 | Category: Chemicals and Materials
The North America industrial concrete flooring market was valued at US$ 8,702.88 million in 2022 and is expected to reach US$ 12,772.30 million by 2030; it is estimated to register a CAGR of 4.9% from 2022 to 2030.Increasing Demand for Polished Concrete for Industrial Flooring Fuels North America Industrial Concrete Flooring Market
Over the last decade, polished concrete has become an ideal flooring choice in various industrial environments. Polished concrete is highly used in warehouses, manufacturing plants, healthcare facilities, showrooms, and other places that are subject to high foot traffic. Polished concrete is very economical, especially for large manufacturing facilities, and at the same time, it provides many benefits. In industrial settings, polished concrete is used to create low-maintenance, durable flooring solutions that can withstand high foot traffic, heavy machinery, and other demanding conditions. Polished concrete remains at the forefront as a flooring solution for industrial places as businesses prioritize durability, cost-efficiency, functionality, and aesthetics. Various benefits of polished concrete are cost effectiveness, easy maintenance, aesthetic appeal, operational efficiency, higher slip resistance, and reflective quality. Polished concrete has slip resistance that meets or exceeds industry standards. Polished concrete offers a smooth, uniform surface that enhances the efficiency of material-handling equipment. Polished concrete's high-gloss finish reduces friction, lowering wear and tear on machinery, thus extending lifespan and minimizing maintenance costs of machinery. This improved operational efficiency saves time and money and contributes to a safer working environment by minimizing the risk of accidents.
In healthcare facilities, such as hospitals, clinics, and medical offices, polished concrete flooring is an ideal choice owing to its hygienic properties and ease of cleaning. The seamless, nonporous surface of polished concrete minimizes the growth of bacteria and mold, thus contributing to a healthier environment for patients and staff. Polished concrete's durability and low maintenance make it a cost-effective solution for these demanding settings. Furthermore, industrial and warehouse environments often involve the use of different chemicals. Polished concrete floors are resistant to chemical spills; they prevent damage and ensure a longer lifespan of the flooring. Overall, in industrial environments, polished concrete offers a wide range of benefits and design options that make it an ideal choice for various industrial applications. With this, the demand for polished concrete flooring is growing at a robust rate, and more customers are opting for polished concrete for industrial flooring. Therefore, the increasing demand for polished concrete for industrial flooring is mainly driving the industrial concrete flooring market.North America Industrial Concrete Flooring Market Overview
North America holds extensive growth opportunities for industrial concrete flooring manufacturers owing to the increasing demand from end-use industries such as food & beverage, transportation, electrical & electronics, and healthcare. The region's robust manufacturing industry, driven by technological advancements and innovation, contributes significantly to the demand for industrial concrete flooring. In North America, passenger vehicles are the most common mode of transportation, and their use is increasing with the rise in per capita income. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), vehicle production in North America increased by 10%, from ~13.5 million in 2021 to 14.8 million vehicles in 2022. As the automotive sector expands, there is a parallel increase in the demand for industrial concrete flooring, which is utilized in the manufacturing facilities and warehouses of the automotive industry. The food and beverage industry plays a vital role in North America with the presence of three major global manufacturers: PepsiCo, Tyson Foods, and Nestle. Manufacturing plants of these companies require industrial concrete flooring to withstand the weight of fermenters and other types of machinery. The expansion of electronics, aerospace, and healthcare sectors due to technological advancements is increasing the adoption of industrial concrete flooring. Governments of countries in North America have significantly invested in technology and research programs in the aerospace & defense sector. The region is a hub for major aircraft and aircraft components, and defense equipment manufacturing companies such as Raytheon Technologies Corporation, Boeing, GE Aviation, Bombardier Inc., and Lockheed Martin Corporation. Industrial concrete flooring plays a crucial role in manufacturing facilities and warehouses of aerospace and defense components. The need for concrete flooring to keep the surface clean and stain and slip-resistant is further driving the demand for industrial concrete flooring.
North America Industrial Concrete Flooring Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the North America Industrial Concrete Flooring provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Industrial Concrete Flooring refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Get more information on this report North America Industrial Concrete Flooring Strategic Insights
Get more information on this report North America Industrial Concrete Flooring Report Scope
Report Attribute
Details
Market size in 2022
US$ 8,702.88 Million
Market Size by 2030
US$ 12,772.30 Million
Global CAGR (2022 - 2030)
4.9%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
By Application
Regions and Countries Covered
North America
Market leaders and key company profiles
Get more information on this report North America Industrial Concrete Flooring Regional Insights
Get more information on this report North America Industrial Concrete Flooring Market Segmentation
The North America industrial concrete flooring market is categorized into type, application, end-use industry, and country.
Based on type, the North America industrial concrete flooring market is segmented into overlays, polished concrete, epoxy chip flooring, and others. The epoxy chip flooring segment held the largest market share in 2022.
Based on application, the North America industrial concrete flooring market is segmented into manufacturing facility, warehouses, and others. The manufacturing facility segment held the largest market share in 2022.
Based on end-use industry, the North America industrial concrete flooring market is segmented into food and beverages, chemicals, healthcare, transportation, and others. The chemicals segment held the largest market share in 2022.
By country, the North America industrial concrete flooring market is segmented into the US, Canada, and Mexico. The US dominated the North America industrial concrete flooring market share in 2022.
Becosan UK Ltd, Primekss SIA, RCR Industrial Flooring SLU, Sika AG, Sintokogio Ltd, The Fricks Co, and Twintec Group Ltd are some of the leading companies operating in the North America industrial concrete flooring market.
1. Becosan UK Ltd
2. Primekss SIA
3. RCR Industrial Flooring SLU
4. Sika AG
5. Sintokogio Ltd
6. The Fricks Co
7. Twintec Group Ltd
The North America Industrial Concrete Flooring Market is valued at US$ 8,702.88 Million in 2022, it is projected to reach US$ 12,772.30 Million by 2030.
As per our report North America Industrial Concrete Flooring Market, the market size is valued at US$ 8,702.88 Million in 2022, projecting it to reach US$ 12,772.30 Million by 2030. This translates to a CAGR of approximately 4.9% during the forecast period.
The North America Industrial Concrete Flooring Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Industrial Concrete Flooring Market report:
The North America Industrial Concrete Flooring Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Industrial Concrete Flooring Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Industrial Concrete Flooring Market value chain can benefit from the information contained in a comprehensive market report.
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