Asia-Pacific Industrial Flooring Market Size (2024 - 2029)

APAC Industrial Flooring Market Analysis

The Asia-Pacific industrial flooring market is expected to register a CAGR of over 6% during the forecast period.

The COVID-19 pandemic wreaked havoc on the industrial sector resulting in a sharp drop in sales revenue for most industrial players, big and small. Projects involving the construction of new plants and expansion of the existing plants were put on hold during the same period. However, with the manufacturing and services sector making a strong recovery post-pandemic, the resumption of industrial expansion projects across the continent could strengthen the demand for industrial flooring in the market.

• Rising awareness about the potential benefits of installing industrial flooring in aspects like ease of maintenance, functionality, and durability could potentially drive the demand for industrial flooring across the region.
• However, the health risks and the resultant rise in regulations associated with volatile organic compounds (VOCs) that are emitted from industrial floorings could potentially hinder market growth.
• On the flip side, the rise in research and development of eco-friendly bio-based flooring and the widening application of polyaspartic floor coatings, owing to their superior properties could lead to future opportunities in the market.
• The growing industrial sector in China, coupled with the expansion of the F&B industry across the region, could potentially lead the growth of the industrial flooring market across the Asia-Pacific region.

APAC Industrial Flooring Industry Segmentation

Industrial flooring is a permanent cover over the concrete floor to enhance properties such as load-bearing capacities and chemical and abrasion resistance based on the specific end-user industry requirement. The Asia-Pacific industrial flooring market is segmented by resin type, application, end-user industry, and geography. By resin type, the market is segmented into epoxy, polyaspartic, polyurethane, acrylic, and other resin types. By application, the market is segmented into concrete, wood, and other applications. By end-user industry, the market is segmented into food and beverage, chemical, transportation and aviation, healthcare, and other end-user industries. By geography, the market is segmented into China, India, Japan, South Korea, and Rest of Asia-Pacific. The report covers market sizes and forecasts for four major countries across the region. For each segment, market sizing and forecasts have been provided on the basis of value (USD million).