South & Central America Industrial Concrete Flooring Market
No. of Pages: 95 | Report Code: BMIRE00030648 | Category: Chemicals and Materials
No. of Pages: 95 | Report Code: BMIRE00030648 | Category: Chemicals and Materials
The South & Central America industrial concrete flooring market was valued at US$ 2,271.66 million in 2022 and is expected to reach US$ 3,030.53 million by 2030; it is estimated to register a CAGR of 3.7% from 2022 to 2030.Booming E-Commerce Sector Fuels South & Central America Industrial Concrete Flooring Market
The e-commerce sector is booming in different countries across the globe. The growth in the e-commerce sector is driven by different factors, such as increasing internet penetration, shifting consumer preferences, growing smartphone usage, and changing lifestyles. Online shopping is becoming a more viable and convenient option as more and more people across the globe are gaining access to the internet. Consumers highly prefer online shopping due to the comprehensive selection of products, along with competitive pricing and secured online payments; it also provides added convenience and better offers and discounts over physical retail stores. In addition, a busy lifestyle makes online shopping a time-saving and convenient option for many consumers. The exponential growth of e-commerce is becoming a driving force for reshaping the logistics sector worldwide. The unprecedented growth of the e-commerce sector has generated an insatiable demand for efficient logistics services. Efficient and timely delivery has become highly important to customer satisfaction, prompting logistics companies to invest in advanced technologies and infrastructure. With this, warehouses and distribution centers have emerged as responses to the evolving needs of the e-commerce supply chain. The increasing need for warehousing, distribution centers, and storage spaces due to the surge in online purchases has led to substantial investments in new distribution centers and warehouses.
Concrete flooring is highly used for warehouses and distribution centers. Warehouses and distribution centers are busy places. With forklifts and other heavy machinery and equipment zipping around, the flooring for warehouses needs to be sturdy and highly durable and withstand such strain with minimal maintenance. Hence, concrete floors are the optimum solution for warehouse flooring installation. Therefore, the booming e-commerce sector in various countries across the globe is resulting in substantial investments in new distribution centers and warehouses. This is anticipated to provide lucrative opportunities for the industrial concrete flooring market growth.South & Central America Industrial Concrete Flooring Market Overview
The growth of the industrial concrete flooring market in South & Central America is attributed to the surging manufacturing activities across the region. According to the International Organisation Internationale des Constructeurs d'Automobiles (OICA), the total number of vehicles manufactured in South & Central America grew from ~2.72 million in 2021 to ~2.96 million in 2022, registering an increase of 9%. Moreover, major market players in the automotive sector have strategized development and expansion of their operational capacities in South & Central America to tap the lucrative automotive market. In 2022, Audi AG invested US$ 19.2 million to restart production at its plant in Parana, Brazil, registering a capacity of 4,000 vehicles per year. The rise in passenger car production is the prime factor driving the industrial concrete flooring market in the region. Further, Brazil is one of the strongest markets for aircraft manufacturing across the globe. Brazil-based Embraer is the fourth largest aircraft manufacturer in the world, after Airbus, Boeing, and Bombardier Aerospace. The region's rising number of air passengers is supporting the aircraft manufacturing industry. Furthermore, regional manufacturers are investing in strategic initiatives such as product development, mergers, and acquisitions to gain a competitive position in the market. For instance, in September 2022, South American rotorcraft operator Ecocopter collaborated with Airbus on possible plans to launch urban air mobility (UAM) services with eVTOL aircraft in markets including Chile, Ecuador, and Peru. Under a memorandum of understanding signed in September 2021, the companies are working on possible use cases for air taxis and other eVTOL operations, including early-adopter markets in the three countries. Aerospace manufacturing requires highly specialized flooring to operate safely and efficiently. Industrial concrete flooring is durable enough to withstand heavy machinery and safe enough for foot traffic.
South & Central America Industrial Concrete Flooring Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the South & Central 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 South & Central 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 South & Central America Industrial Concrete Flooring Strategic Insights
Get more information on this report South & Central America Industrial Concrete Flooring Report Scope
Report Attribute
Details
Market size in 2022
US$ 2,271.66 Million
Market Size by 2030
US$ 3,030.53 Million
Global CAGR (2022 - 2030)
3.7%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
By Application
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
Get more information on this report South & Central America Industrial Concrete Flooring Regional Insights
Get more information on this report South & Central America Industrial Concrete Flooring Market Segmentation
The South & Central America industrial concrete flooring market is categorized into type, application, end-use industry, and country.
Based on type, the South & Central 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 South & Central America industrial concrete flooring market is segmented into manufacturing facility, warehouses, and others. The warehouses segment held the largest market share in 2022.
Based on end-use industry, the South & Central America industrial concrete flooring market is segmented into food and beverages, chemicals, healthcare, transportation, and others. The food and beverages segment held the largest market share in 2022.
By country, the South & Central America industrial concrete flooring market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America industrial concrete flooring market share in 2022.
Becosan UK Ltd, RCR Industrial Flooring SLU, Sika AG, Sintokogio Ltd, and Twintec Group Ltd are among the leading companies operating in the South & Central America industrial concrete flooring market.
1. Becosan UK Ltd
2. RCR Industrial Flooring SLU
3. Sika AG
4. Sintokogio Ltd
5. Twintec Group Ltd
The South & Central America Industrial Concrete Flooring Market is valued at US$ 2,271.66 Million in 2022, it is projected to reach US$ 3,030.53 Million by 2030.
As per our report South & Central America Industrial Concrete Flooring Market, the market size is valued at US$ 2,271.66 Million in 2022, projecting it to reach US$ 3,030.53 Million by 2030. This translates to a CAGR of approximately 3.7% during the forecast period.
The South & Central 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 South & Central America Industrial Concrete Flooring Market report:
The South & Central 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 South & Central America Industrial Concrete Flooring Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Industrial Concrete Flooring Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For South & Central America Industrial Concrete Flooring Market
