
Published On: Aug 2024
Published On: Aug 2024
At 4.2% CAGR, Middle East & Africa Industrial Concrete Flooring Market is Projected to be Worth US$ 2,987.46 Million by 2030, says Business Market Insights
According to Business Market Insights' research, the Middle East & Africa industrial concrete flooring market was valued at US$ 2,151.11 million in 2022 and is projected to reach US$ 2,987.46 million by 2030, registering a CAGR of 4.2% from 2022 to 2030. Increasing demand for polished concrete for industrial flooring and growing industrial construction activities are among the critical factors attributed to drive the Middle East & Africa industrial concrete flooring market growth.
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.
On the contrary, availability of alternative products hampers the growth of Middle East & Africa industrial concrete flooring market.
Based on type, the Middle East & Africa industrial concrete flooring market is segmented into overlays, polished concrete, epoxy chip flooring, and others. The epoxy chip flooring segment held 52.6% market share in 2022, amassing US$ 1,130.68 million. It is projected to garner US$ 1,606.62 million by 2030 to register 4.5% CAGR during 2022-2030.
Based on application, the Middle East & Africa industrial concrete flooring market is segmented into manufacturing facility, warehouses, and others. The warehouses segment held 45.9% market share in 2022, amassing US$ 987.06 million. It is projected to garner US$ 1,353.52 million by 2030 to register 4.0% CAGR during 2022-2030.
Based on end-use industry, the Middle East & Africa industrial concrete flooring market is segmented into food and beverages, chemicals, healthcare, transportation, and others. The chemicals segment held 38.6% market share in 2022, amassing US$ 831.23 million. It is projected to garner US$ 1,191.27 million by 2030 to register 4.6% CAGR during 2022-2030.
Based on country, the Middle East & Africa industrial concrete flooring market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 35.9% share of Middle East & Africa industrial concrete flooring market in 2022. It was assessed at US$ 773.29 million in 2022 and is likely to hit US$ 1,104.45 million by 2030, registering a CAGR of 4.6% during 2022-2030.
Key players operating in the Middle East & Africa industrial concrete flooring market are Becosan UK Ltd, RCR Industrial Flooring SLU, Sika AG, Sintokogio Ltd, Twintec Group Ltd, and UltraTech Cement Ltd, among others.
Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com