North America Industrial Flooring Market Size (2024 - 2029)

The North American industrial flooring market is experiencing a recovery, with the United States leading due to its robust industrial sector. The market's expansion is driven by increased awareness of the benefits of industrial flooring, such as maintenance ease and durability, particularly in the food and beverage industry. Despite challenges posed by health risks and stringent VOC regulations, opportunities are emerging through the development of eco-friendly flooring solutions and the use of advanced coatings.

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Market Size of North America Industrial Flooring Industry

North America Industrial Flooring Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration Low

Major Players

North America Industrial Flooring Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Industrial Flooring Market Analysis

The industrial flooring market in North America is expected to register a CAGR of over 4% during the forecast period.

With many industrial players suffering huge losses in the wake of the COVID-19 pandemic and the resultant lockdowns, new plant set-up and expansion projects were put on hold during the period. However, the industrial sector is now witnessing a steady recovery, with the manufacturing and services sectors slowly resuming pre-pandemic levels of activity.

  • Industrial flooring provides a wide variety of benefits, including ease of maintenance, functionality, and durability. The rising awareness about these benefits in the industry, combined with the growing usage in the food and beverage industry, could potentially drive demand in the region.
  • However, the health risks and the stringent regulations associated with VOCs emitting from industrial flooring continue to hinder market growth.
  • On the flip side, growing research and development of eco-friendly bio-based flooring and the increasing application of polyaspartic floor coatings, given their superior properties, could serve as future opportunities in the market.

Across the North American region, the United States is expected to dominate the industrial flooring market, backed by the strong growth of its industrial sector.

North America 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 North American 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 & aviation, healthcare, and other end-user industries. The report covers market sizes and forecasts for three major countries across the region. For each segment, market sizing and forecasts have been done on the basis of value (in USD million).

Resin Type
Epoxy
Polyaspartic
Polyurethane
Acrylic
Other Resin Types
Application
Concrete
Wood
Other Applications
End-user Industry
Food and Beverage
Chemical
Transporation and Aviation
Healthcare
Other End-user Industries
Geography
United States
Canada
Mexico
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North America Industrial Flooring Market Size Summary

The North American industrial flooring market is poised for growth, driven by the recovery of the industrial sector post-COVID-19. The market is characterized by its diverse applications, particularly in the food and beverage industry, where the demand for durable and easy-to-maintain flooring solutions is increasing. Despite challenges such as health risks and stringent VOC regulations, the market is expected to benefit from advancements in eco-friendly and bio-based flooring technologies. The United States is anticipated to lead the market, supported by robust industrial activities and significant investments in infrastructure and facility expansions.

The food and beverage industry in North America is experiencing substantial growth, with major investments in new processing facilities and expansions, particularly in the United States. This growth is further fueled by a shift towards health-conscious products, aligning with consumer trends post-pandemic. Additionally, the automotive industry is undergoing a transformation, with a focus on electric vehicles, creating further demand for industrial flooring solutions. The market is highly fragmented, with key players like Sika AG, Sherwin-Williams Company, and RPM International Inc. actively participating in strategic expansions and technological advancements to capture market share.

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North America Industrial Flooring Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Awareness about the Advantages of Industrial Flooring

      2. 1.1.2 Increasing Demand from the Food and Beverage Industry

    2. 1.2 Restraints

      1. 1.2.1 Stringent Regulations on VOCs Released from Industrial Floorings

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Resin Type

      1. 2.1.1 Epoxy

      2. 2.1.2 Polyaspartic

      3. 2.1.3 Polyurethane

      4. 2.1.4 Acrylic

      5. 2.1.5 Other Resin Types

    2. 2.2 Application

      1. 2.2.1 Concrete

      2. 2.2.2 Wood

      3. 2.2.3 Other Applications

    3. 2.3 End-user Industry

      1. 2.3.1 Food and Beverage

      2. 2.3.2 Chemical

      3. 2.3.3 Transporation and Aviation

      4. 2.3.4 Healthcare

      5. 2.3.5 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 United States

      2. 2.4.2 Canada

      3. 2.4.3 Mexico

North America Industrial Flooring Market Size FAQs

The North America Industrial Flooring Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

Sika AG, Sherwin-Williams Company, RPM International Inc., Akzo Nobel N.V. and MBCC Group are the major companies operating in the North America Industrial Flooring Market.

North America Industrial Flooring Report Snapshots

North America Industrial Flooring Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)