Hardwood Flooring Global Market Report 2023 – By Product Type (Solid Wood, Engineered Wood), By Design Outlook (Plank, Strip, Parquet, Other Designs), By Raw Material (Red Oak, White Oak, Maple, Other Raw Materials), By Distribution Channel (Offline Stores, Online Stores) – Market Size, Trends, And Global Forecast 2023-2032

Flooring adhesive refers to a strong, long-lasting glue that is used to hold the flooring components to the subfloor or underlayment. The adhesive must hold the floor tiles in place and connect them to the underlying floor. It is a sticky substance used to secure the floor. The main types of flooring adhesives include urethane, epoxy, acrylic, vinyl, and others. Urethane adhesive is a thermoplastic polymer-based glue. It is formed by a chemical reaction between the polymers. Epoxies are created by polymerizing a mixture of two starting compounds, the resin and the hardener. An acrylic adhesive is a resin-based adhesive that is made up of acrylic or methylacrylic polymers. Vinyl adhesive is the perfect solution to rips and tears. It is commonly used as a floor tile adhesive. Flooring adhesives have applications in tile and stone, carpets, wood, laminates, and others. By technology, types of flooring adhesives include water-based adhesives, solvent-based adhesives, and hot-melt-based adhesives. Flooring adhesives are used in residential, commercial, and industrial areas. The global flooring adhesives market is segmented - 1) By Type: Urethane, Epoxy, Acrylic, Vinyl, Other Types 2) By Application: Tile & Stone, Carpet, Wood, Laminate, Other Applications 3) By Technology: Water-Based Adhesive, Solvent-Based Adhesive, Hot-Melt Based Adhesive 4) By End User: Residential, Commercial, Industrial The global flooring adhesives market size grew from $7.32 billion in 2022 to $7.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the flooring adhesives market is expected to grow to $10.41 billion in 2027 at a CAGR of 7.5%. The increase in infrastructural development in emerging countries has contributed significantly to the growth of the flooring adhesives market. With an increase in the global population, there has been an increased demand for housing, which in turn increased the demand for flooring adhesives for various applications such as floor fixing, roof fixing, and fixing panels. Flooring adhesive can also be mixed into the cement for better adhesion. The governments of emerging countries such as Brazil and India have been investing in residential construction in order to provide affordable housing for all. According to the World Bank, in South Asia, the urban population is expected to grow by 250 million by 2030. According to a report by PwC, around 60% of the world’s population is expected to live in cities by 2030. This rapid urbanization is expected to boost the demand for infrastructure and drive the flooring adhesives market. Major players in the flooring adhesives market are Mapei S.p.A., Sika AG, Henkel AG, The Dow Chemical Company, Wacker Chemie AG, Bostik SA, Forbo Holdings AG, Pidilite Industries Limited, H.B. Fuller, LATICRETE International Inc., Pidilite Industries, Dupont De Nemours Inc., Parker-Hannifin Corp, Arkema Group, tesa SE-A Beiersdorf Company, 3M, Illinois Tool Works Inc., Bostik India Pvt. Ltd., and Ardex, Franklin. Flooring adhesives companies are increasingly adopting sustainable and eco-friendly processes to eliminate the negative impact of chemical manufacturing on the environment, focusing on reducing volatile organic compounds (VOC) emissions. Building materials, for example, emit highly volatile organic compounds (VOCs) when exposed to high temperatures or high moisture levels. Adhesive companies can now produce products using natural raw materials such as starch, resins, lignin, and proteins thanks to advancements in technology and chemical sciences. These materials ensure that the products have a lower carbon footprint. Biodegradable adhesives are prepared to be broken down by microorganisms and bacteria. The degrading process produces carbon dioxide, water and other natural gases defined by the environment. Companies are emphasizing green construction, which refers to the practice of using sustainable building materials and construction processes to create energy-efficient buildings with minimal environmental impact. For example, BASF, a German multinational chemical company, has developed new binders for flooring adhesives under their ACRONAL line that offer exceptional performance while minimizing environmental impact. Sika AG, a Swiss multinational specialty chemical company that serves the construction and automotive industries, paid an undisclosed sum in August 2021 to acquire Bexel Internacional S.A. de C.V., a leading manufacturer of tile adhesives in Mexico. This acquisition helps in extending Sika’s manufacturing footprint and also strengthens its position in Mexico’s mortar market. Asia-Pacific was the largest region in the flooring adhesives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flooring adhesives market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flooring adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The flooring adhesives market consists of sales of polymeric adhesives and dispersion adhesives. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The flooring adhesives market research report is one of a series of new reports from The Business Research Company that provides flooring adhesives market statistics, including global market size, regional shares, competitors with a flooring adhesives market share, detailed flooring adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the flooring adhesives industry. This flooring adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Plywood refers to a type of wooden product in which thin layers of wood are bonded and pressed together to create a construction material due to its high structural strength and flexibility. It also works better against moisture, and the grains of the wood are often at right angles to one another. Plywood is widely used in interior design and furniture work. Apart from being economical and durable, it is also a more eco-friendly option than normal wood. The main types of plywood markets are softwood and hardwood. Softwood plywood has a front and back veneer of softwood and is used for decorative purposes, such as furniture making. These are used in furniture, flooring, construction, automotive interiors, packaging, marine, and other applications and are used in residential and commercial settings. The global plywood market is segmented – 1) By Type: Softwood, Hardwood 2) By Application: Furniture, Flooring And Construction, Automotive Interiors, Packaging, Marine, Other Applications 3) By End User: Residential, Commercial The global plywood market size is expected to grow from $54.79 billion in 2022 to $59.62 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of plywood is expected to grow to $85.26 billion in 2027 at a compound annual growth rate (CAGR) of 9.4%. The growth of the interior design and furniture industry is propelling the demand in the plywood market. Interior designing and furniture refer to the designing of homes or organizations. The interior design and furniture industry use large amounts of plywood as a better alternative to raw wood, as a result, the growth of interior design and furniture increases the demand for the plywood market. For instance, the report from the Institute of Logistics and Aviation, an aviation institute based in India suggested that the Indian furniture market was expected to grow at a rate of 26% in 2019. Thus, the growing furniture and Interior design industry are propelling the growth of the Plywood market. Major players in the plywood market are Georgia-Pacific LLC, PotlatchDeltic Corporation, Boise Cascade Company, UPM-Kymmene Oyj, SVEZA Forest Ltd., Latvijas Finieris AS, Austral Plywoods Pty Ltd., Eksons Corporation Berhad (BHD), Metsä Wood (Metsäliitto Cooperative), Uniply Industries Ltd., Hefei Sinoply wood, Subur Tiasa Holdings Berhad and Jaya Tiasa Holdings Berhad. Strategic partnerships are shaping the plywood market. Many companies operating in the plywood market are undergoing partnerships to meet customer demands. For instance, in January 2022, Boise Cascade Millwork, a US-based manufacturer of plywood partnered with Simpson Door Company, a US-based company manufacturer of the interior, exterior, and custom wood doors. With this partnership, Boise company will expand its offering of top-notch doors and services to its customers in Atlanta. Further, in another partnership, Quant, a Sweden-based company operating in industrial maintenance partnered with Metsä Wood, a Finland-based company that manufactures plywood. With this partnership, the companies want to develop proactive and predictive maintenance to the next level together to meet customer demands. In February 2021, West Fraser, a Canada-based plywood manufacturer acquired Norbord for an undisclosed amount. With this acquisition, the two top-caliber employee teams manufacturing sustainable products that are essential for a low-carbon economy position West Fraser well going forward and marks a new era for all West Fraser company employees and shareholders with the completion of the Norbord transaction. Norbord is a Canada-based company that manufacturers plywood. Asia-Pacific was the largest region in the plywood market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the plywood market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the plywood market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The plywood market consists of sales of off-core plywood, lumber plywood, and marine plywood. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The plywood market research report is one of a series of new reports from The Business Research Company that provides plywood market statistics, including plywood global market size, regional shares, competitors with a plywood market share, detailed plywood market segments, market trends and opportunities, and any further data you may need to thrive in the plywood industry. This plywood market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry."

Luxury vinyl tiles (LVT) flooring refers to modular vinyl flooring in which tiles are laid out individually by using single sheets. The luxury vinyl tiles flooring is sustainable, easy to handle, durable, and acoustic. These are used to design office space or residential space to look like real wood. The main types of luxury vinyl tiles (LVT) flooring are rigid luxury vinyl tiles (LVT), and flexible luxury vinyl tiles (LVT). The rigid luxury vinyl tiles (LVT) flooring market consist of sales of rigid luxury vinyl tiles by entities (organizations, sole traders, and partnerships) that refer to a rigid core type of LVT, a click-type plank vinyl flooring that doesn’t require any adhesives. There are main three types of rigid LVT stone-polymer composite, wood-polymer composite, and Standard rigid core. These are used in residential and commercial industries. Luxury vinyl tiles (LVT) flooring is used by residential and non-residential end users. The global luxury vinyl tiles LVT flooring market is segmented - 1) By Type: Rigid Luxury Vinyl Tiles (LVT), Flexible Luxury Vinyl Tiles (LVT) 2) By Construction Type: New Construction, Renovation 3) By End-User: Residential, Non-Residential The global luxury vinyl tiles (lvt) flooring market size grew from $20.08 billion in 2022 to $23.06 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global luxury vinyl tiles (lvt) flooring market is expected to grow to $40.31 billion in 2027 at a CAGR of 15.0%. The high growth of the construction industry is expected to propel the growth of the luxury vinyl tiles (LVT) flooring market. Luxury vinyl flooring is economical and more efficient than other floorings currently available in the market, and additional factors of LVT such as cost-efficient, lightweight, and the requirement of low maintenance make them an ideal choice for flooring in the construction sector. For instance, according to the Office of National Statistics UK, the monthly construction output increased by 3.5% in volume in November 2021. Also, according to Invest India, an India-based national investment promotion and facilitation agency, the construction industry in India is expected to reach $1.4 trillion by 2025. Therefore, the high growth in the construction industry drives the luxury vinyl tiles flooring market. Major players in the luxury vinyl tiles (LVT) flooring market are Tarkett, Forbo, Armstrong, Shaw Industries, Inc., Gerflor, Interface, Mannington Mills, Inc., Mohawk Industries, Parador GmbH, Polyflor, Metroflor, Milliken, LG Hausys, and James Halstead PLC. Product innovations are a key trend gaining popularity in the luxury vinyl tiles (LVT) flooring market. The key players in the luxury vinyl titles flooring are focusing on developing innovative products with advanced technologies to reciprocate natural materials in the products with greater stability and ecological performance. For instance, in 2021, Tarkett, a company operating in the luxury vinyl tiles flooring market-based in France, launched a luxury vinyl tile collection called ID Inspiration that emulates natural materials such as wood and stone. It is intended for use in hospitality, education, residential, retail, and workplace interiors and is suitable for areas with moderate to high footfall. The product has been developed to harness the power of nature to create feel-good interiors and also to improve well-being by deepening the connection between the outdoors, and the interior spaces where people work, learn, and care. In November 2021, Tarkett, a company operating in the luxury vinyl tiles flooring market-based in France acquired Vinyasa, a Mexico-based company involved in manufacturing luxury vinyl tiles floorings and specializing in VCT product offerings, for an undisclosed amount. With this acquisition, Tarkett is focusing on LVT flooring production at the Florence campus and also expanding its manufacturing in North America. Asia-Pacific was the largest region in the luxury vinyl tiles (LVT) flooring market share in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global luxury vinyl tiles (LVT) flooring industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the luxury vinyl tiles (LVT) flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The luxury vinyl tiles (LVT) flooring market consists of sales of rigid luxury vinyl tiles and flexible luxury vinyl tiles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The luxury vinyl tiles (LVT) flooring market research report is one of a series of new reports from The Business Research Company that provides luxury vinyl tiles (LVT) flooring market statistics, including luxury vinyl tiles (LVT) flooring industry global market size, regional shares, competitors with a luxury vinyl tiles (LVT) flooring market share, detailed luxury vinyl tiles (LVT) flooring market segments, market trends and opportunities, and any further data you may need to thrive in the luxury vinyl tiles (LVT) flooring industry. This luxury vinyl tiles (LVT) flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Resilient flooring is a combination of fillers, binders, and colours, and it is also known as vinyl flooring. Filler materials include synthetic fibers, limestone, and mineral fillers like asbestos. The material that binds the mixture together will be either asphalt or resin. Resilient flooring consists of linoleum, asphalt, vinyl, rubber, wood, and cork. The main types of resilient flooring are luxury vinyl tile, vinyl sheet and floor tile, rubber, linoleum, and others. Luxury vinyl tile is a high-tech, multi-layer vinyl floor that mimics types of flooring like stone tiles or wood planks. Resilient flooring is applied in construction activities such as renovations and new construction. These are also used in residential applications, commercial applications, and other applications. The global resilient flooring market is segmented - 1) By Product Type: Luxury Vinyl Tile, Vinyl Sheet and Floor Tile, Rubber, Linoleum, Other Product Types (Cork) 2) By Construction Activity: Resilient Flooring for Renovation, Resilient Flooring for New Construction 3) By Application: Residential, Commercial, Other Applications (Industrial) The global resilient flooring market size grew from $33.56 billion in 2022 to $35.73 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global resilient flooring is expected to grow to $45.71 billion in 2027 at a CAGR of 6.4%. Rapid urbanisation is contributing to the growth of the resilient flooring market. Economic, political, and social issues will combine with the circumstances of modernization to make people migrate from rural areas to urban areas. The expansion of modern offices, rapid urbanization, and evolving lifestyles are paving the way for the growth of newer flooring substances. For instance, in June 2021, according to UNCTAD, a Geneva-based intergovernmental organisation intended to promote the interests of developing states in world trade, by 2020, the share of the urban population increased to 56.2%. It is generally higher in the developed world (79.2% in 2020) than in the developing world (51.6%). Furthermore, in October 2021, according to the data published by the World Bank report, a US-based international financial institution that provides loans and grants to the governments of low- and middle-income countries to pursue capital projects, the world’s population living in urban areas has increased from 37% to 56% in the past 50 years. Thus, rapid urbanisation will drive the growth of the resilient flooring market. Major players in the resilient flooring market report are Mohawk Industries, Tarkett S.A., Shaw Industries Group Inc., Armstrong World Industries Inc., Forbo Flooring, Gerflor Group, Interface Inc., Beaulieu International Group, Novalis Innovative Flooring, Congoleum, IVC Group of Belgium, Amtico International Co. Ltd. of the United Kingdom, Mannington Mills Ltd. of the United States, Unilin of Belgium, Milliken and Company of the United States, Nora, Fatra a.s., American Biltrite Inc., Polyflor Ltd., Burke Industries Inc., Karndean International Limited, Berkshire Hathaway Inc., Alite floor, Pergo, Domco Tarkett Inc., and DLW Flooring. Technological advancement is a key trend gaining popularity in the resilient flooring market. More consumers are looking for ideas to make homes more sustainable. With trends such as solar panelling and energy efficiency, more and more homeowners are using eco-friendly building materials. Resilient flooring requires non-renewable resources for manufacturing, which makes it difficult to deal with consumers’ preference for sustainable materials. For example, in 2021, Beaulieu Flooring is having hefty sales to deliver resilient flooring that answers design, function, and sustainability in the future. In January 2021, AHF Products, a US-based manufacturer of hardwoods, acquired the assets of Parterre Flooring for an undisclosed amount. With this acquisition, Parterre Flooring is expected to improve AHF Products' standing as a provider of resilient flooring options. Parterre Flooring is a Canada-based manufacturer of resilient flooring, including vinyl flooring. Asia-Pacific was the largest region in the resilient flooring market in 2022 and is also expected to be the fastest-growing region during the forecast period. The regions covered in the resilient flooring market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the resilient flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The resilient flooring market consists of sales of fillers, binders and vinyl flooring. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The resilient flooring market research report is one of a series of new reports from The Business Research Company that provides resilient flooring market statistics, including resilient flooring industry global market size, regional shares, competitors with resilient flooring market shares, detailed resilient flooring market segments, market trends and opportunities, and any further data you may need to thrive in the resilient flooring industry. This resilient flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Industrial flooring refers to a process that provides the foundation for floor surfaces by permanently covering the floor using various materials. Industrial flooring is used to provide durability and resistance to abrasion, heavy traffic, and heavy loads to the surface. Industrial flooring offers a variety of designs, textures, and colors to the floor. The main types of industrial flooring are light-duty, medium-duty, and heavy-duty. Light-duty flooring is used in all manufacturing units and clean room areas where manpower and trolley movement are generally involved. The different flooring materials include concrete, wood, mortar, and other flooring materials. These are used in food and beverage manufacturing, healthcare, industrial manufacturing, automotive manufacturing, and other applications. The global industrial flooring market is segmented - 1) By Material Type: Epoxy, Polyaspartic, Polyurethane, Acrylic, Other Material Types 2) By Thickness: Light Duty, Medium Duty, Heavy Duty 3) By End-User Industry: Food And Beverage, Chemical, Transportation And Aviation, Healthcare, Other End-User Industries The global industrial flooring market size grew from $6.74 billion in 2022 to $7.12 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the global industrial flooring is expected to grow to $8.53 billion in 2027 at a CAGR of 4.6%. The increase in demand from the food and beverage sectors is expected to propel the growth of the industrial flooring market going forward. The food and beverage sector involves the processing of foods as well as beverages’ packaging and distribution. The food and beverage industries require industrial flooring to meet the safety and cleanliness standards for manufacturing food and beverages. For instance, in 2021, according to Farm Credit Canada, a Canada-based financial services company, the food manufacturing sector’s revenue increased to $125 billion by 14.8% YoY. Therefore, the increasing demand from the food and beverage sectors will drive the growth of the industrial flooring market. Major players in the industrial flooring market report are BASF SE, Cornerstone Flooring, Fosroc Inc., Sika AG, PPG Industries, The Sherwin-Williams Company, Master Builder Solutions Group, Summit Industrial Flooring, Premier Industrial Flooring, Armstrong, and RCR Industrial Flooring. Product innovations are the key trends gaining popularity in the industrial flooring market. Major companies operating in the industrial flooring market are focused on developing innovative solutions to strengthen their position. For instance, in May 2020, AkzoNobel N.V., a Netherlands-based company that operates in industrial flooring solutions, launched the microbial resistant "Interpon D1000 & D2000" range of powder coatings based on "BioCote" antimicrobial technology that protects against microorganisms such as bacteria and mold, which will cause bad odors and material degradation. Integrated antimicrobial coating technology will reduce 99.9% of microorganisms to avoid cross contamination and keep the surface clean for a long time. This innovative product has been useful on surfaces in hospitals and clinics where maintenance of cleanliness and hygiene is mandatory to avoid contamination. In April 2022, RCR Industrial Flooring, a Spain-based company that manufactures industrial flooring products, acquired Solastra for an undisclosed amount. With this acquisition, RCR Industrial Flooring aimed to become the leading provider of industrial flooring solutions in the French market. Solastra is a France-based company that provides industrial flooring. Asia-Pacific was the largest region in the industrial flooring market in 2022. The regions covered in the industrial flooring market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the industrial flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The industrial flooring market includes revenues earned by entities by providing enhanced durability and resistance to abrasion (materials such as epoxy, polyaspartic, polyurethane, and anhydrite). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial flooring market research report is one of a series of new reports from The Business Research Company that provides industrial flooring market statistics, including industrial flooring industry global market size, regional shares, competitors with an industrial flooring market share, detailed industrial flooring market segments, market trends and opportunities, and any further data you may need to thrive in the industrial flooring industry. This industrial flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Commercial flooring is a durable flooring material made from a combination of natural and synthetic polymer materials. It’s found everywhere from hotel lobbies and office foyers to schools and hospitals. It is rapidly being adopted in more and more places due to its design and material innovations. The main types of products in commercial flooring are soft covering flooring, resilient flooring, non-resilient flooring, seamless flooring, and wood and laminate. Soft covering flooring is a secondary flooring that is installed over hard flooring. The different distribution channels involved are retail, and wholesale and distributor business trends and are used for healthcare, education, hospitality, retail, public buildings, and other applications. The global commercial flooring market is segmented - 1) By Product: Soft Covering Flooring, Resilient Flooring, Non-Resilient Flooring, Seamless Flooring, Wood and Laminate 2) By Distribution Channel: Retail, Wholesale and Distributor Business Trend 3) By Application: Healthcare, Education, Hospitality, Retail, Public Buildings, Other Applications The global commercial flooring market size grew from $59.18 billion in 2022 to $63.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global commercial flooring is expected to grow to $77 billion in 2027 at a CAGR of 5.1%. Rapid urbanization is driving the growth of the commercial flooring market going forward. Urbanization refers to the shift of population from the countryside to the cities. This shift in population has resulted in the added requirement for housing and commercial businesses that have created an opportunity for increasing construction, thereby in turn driving the commercial flooring market. For instance, according to a report by Addis Ababa University Ethiopian Institute of Architecture, Building Construction, and City Development, an Ethiopia-based university, the global urban population is projected to grow by 6.3 billion in 2050. Furthermore, according to the report titled World Cities Report 2022 published by the United Nations Human Settlement Programme, a Kenya-based body of the United Nations, presently urban areas are home to 55% of the world’s population, and that figure is expected to grow to 68% by 2050. Therefore, the rise in urbanization drives the hook lifts and skips loaders market growth. Major players in the commercial flooring market are Mannington Mills Inc., Amtico International Inc., Mohawk Industries Inc., Armstrong Flooring Inc., Flowcrete, Forbo Holding AG, Interface Inc., Gerflor SAS, Hanwha Group, Congoleum Corporation, NOX Corporation, Milliken & Company, LX Hausys, Tarkett S.A., Nora Systems Inc., and James Halstead plc. Product innovation has emerged as a key trend gaining popularity in the commercial flooring market. Offering innovative products enables companies to remain relevant in their markets while also growing and improving over time. Major companies operating in the commercial flooring market are focused on offering innovative products to meet consumer demand. For instance, Welspun Flooring, an India-based flooring manufacturer for commercial and domestic use launched an anti-viral range of flooring solutions. This flooring comes with a special coating of silver ion and titanium oxide that inhibits the growth of the virus by 99.68%, including the COVID-19 virus. Unique features of the flooring also include anti-bacterial, anti-fungal, and anti-microbial qualities. The anti-microbial layer shields the flooring against stains and discoloration brought on by bacteria and fungi, as well as the undesirable odour in carpet tiles. With this process, the products are additionally protected from microorganisms including home dust mites, algae, and fungi. It actively suppresses the growth of microorganisms inside items. In December 2021, DFS Flooring, a US-based provider of commercial flooring products and services acquired Dynamic Commercial Flooring for an undisclosed amount. This deal is a part of DFS's strategy to achieve strategic growth and compete better in the commercial flooring market. Dynamic Commercial Flooring is a US-based manufacturer of commercial flooring and also provides carpets, hardwood, and other varieties of flooring. North America was the largest region in the commercial flooring market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial flooring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the commercial flooring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The commercial flooring market consists of the sale of broadlooms, carpets, and rugs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The commercial flooring market research report is one of a series of new reports from The Business Research Company that provides commercial flooring market statistics, including commercial flooring industry global market size, regional shares, competitors with commercial flooring market share, detailed commercial flooring market segments, market trends, and opportunities, and any further data you may need to thrive in the commercial flooring industry. This commercial flooring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Wood preservatives are chemicals that can control wood degradation problems due to fungal rot or decay, sapstain, molds, or wood-destroying insects. It is mainly used to increase the durability and resistance of wood, timber, wood structures, or engineered wood. The main types of formulations in the wood preservative market are water-based, solvent-based, and oil-based. Water-based preservatives are widely used for fence posts, lumber, plywood, poles, pilings, and timbers to prevent fungal decay and insect attack. Solvent-based preservatives are composed of approximately 10% active ingredient and 90% organic solvent, which is usually white spirit or other petroleum-based hydrocarbons. Oil-based or oil-borne preservatives are generally insoluble in water, so they are dissolved in petroleum or other organic solvents to penetrate the wood. These are used by various sectors, including residential, commercial, and industrial. Wood preservatives are used in cabinets and decks, doors and windows, wood flooring, railroad ties, and others. The global wood preservatives market is segmented - 1) By Formulation: Water-Based, Solvent-Based, and Oil-Based 2) By End User: Residential, Commercial, or Industrial 3) By Application: Cabinets and Decks, Doors & Windows, Wood Flooring, Railroad Ties, Other Applications The global wood preservatives market size grew from $1.77 billion in 2022 to $1.88 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global wood preservatives is expected to grow to $2.37 billion in 2027 at a CAGR of 5.9%. An increase in demand for wood in various applications is expected to drive the market growth of wood preservatives during the forecast period. Due to the increase in population and industrialization, the demand for wood products is growing across the globe. Wood is a rich source of energy, housing, firewood, timber, and fodder; therefore, the demand for wood is improving from various applications such as construction, pulp and paper, furniture, and others. For instance, in September 2021, according to a report published by the International Tropical Timber Organization, a Japan-based intergovernmental organization for the conservation of tropical forest resources, the demand for wood by "plywood and other wood-based industries" is expected to increase sharply from 15 million m3 in 2021 to more than 57 million m3 in 2030. The furniture industry's demand for roundwood is expected to rise at a slower rate, from 9 million m3 in 2021 to around 13 million m3 in 2030. Thus, the growing demand for wood in various applications increases the demand for wood preservatives, thereby driving the market. Major players in the wood preservatives market are BASF Wolman, Lanxess, Lonza, Kurt Obermeier GmbH & Co. KG, Jubilant, Troy Corporation, Remmers Gruppe AG, KMG Chemicals Inc., Koppers Inc., Borax Inc., Dattashri Enterprises, Januaryssen Global Services LLC, Cooper Care Wood Preservatives Inc., Advanced Agriresearch Limited, Osmose Inc., Nisus Corporation, Quality Borate LLC, and Buckman Laboratories International Inc. Major players operating in the wood preservatives market are continuously investing in research and development (R&D) activities to manufacture eco-friendly wood preservatives, which is a key trend in the wood preservatives market. Considering the environmental rules and regulations, the wood preservative manufacturers are developing natural or eco-friendly wood preservatives so that they will be less harmful to the environment. For instance, UltraPole NXT, developed by Viance, was awarded the R&D 100 2020 Award for its sustainable solution. The active ingredient DCOI (4,5-Dichloro-2-n-octyl-4-isothiazolin-3-one) does its job as a highly effective wood preservative. DCOI that enters the environment degrades rapidly. In February 2020, LANXESS, a Germany-based specialty chemicals company, acquired Itibanyl Produtos Especiais Ltda. (IPEL) for an undisclosed amount. The acquisition will strengthen LANXESS's position in antimicrobial active ingredients and formulations. The product portfolio of IPEL also includes preservatives and fungicides for process control in water treatment as well as active ingredients for disinfection and cleaning agents. Itibanyl Produtos Especiais Ltda. (IPEL) is a Brazil-based manufacturer and producer of agriculture chemicals. In 2022, North America was the largest region in the wood preservatives market. This region is expected to continue to be the fastest-growing region in the wood preservatives market report during the forecast period. The regions covered in the wood preservatives industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wood preservatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The wood preservatives market consists of sales of water-based technologies for wood preservation, including chromated copper arsenate and micronized copper systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The wood preservatives market research report is one of a series of new reports from The Business Research Company that provides wood preservatives market statistics, including wood preservatives industry global market size, regional shares, competitors with a wood preservatives market share, detailed wood preservatives market segments, market trends and opportunities, and any further data you may need to thrive in the wood preservatives industry. This wood preservatives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Floor coatings are tough, protective layers used in applications where heavy surface wear or corrosion is expected. Typical applications include chemical plants, warehouses, and manufacturing floors. Floor coatings are also used to brighten or define areas of facilities. The main types of industrial floor coatings made of resin are epoxy, polyurethane, hybrids, and others. Due to the strong adhesive properties of epoxy, it is used in structural and engineering applications. Epoxy resin is commonly used in the construction of vehicles, aircraft, snowboards, and bicycles. By floor material, the market is segmented into concrete, mortar, terrazzo, and others. By technology, the market is segmented into water-borne and solvent-borne. By component, the market segments are one-component, two-component, three-component, and four-component. Major end-use sectors of industrial floor coating include manufacturing, aviation and transport, food processing, science and technology, and others. The global industrial floor coating market is segmented - 1) By Resin Type: Epoxy, Polyurethane, Hybrid, Other Resin Types 2) By Flooring Material: Concrete, Mortar, Terrazzo, Other Flooring Material 3) By Technology: Water-Borne, Solvent-Borne 4) By Component: One-Component, Two-Component, Three-Component, Four-Component 5) By End-Use Sector: Manufacturing, Aviation & transportation, Food processing, Science & technology, Other End-User Sector The global industrial floor coating market size grew from $5.19 billion in 2022 to $5.5 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the global industrial floor coating is expected to grow to $6.84 billion in 2027 at a CAGR of 5.6%. The industrialization of floor coatings globally is significantly contributing to the growth of the industrial floor coating market. Industrial floor coatings are designed to meet the highest industry standards in chemical and corrosion resistance. These coatings are used in chemical plants, warehouses, and manufacturing floors. For instance, Asian countries are expected to invest $9 trillion in infrastructure development for industrialization and urbanization. So, growing industrialization will drive the industrial floor coating market. Major players in the industrial floor coating market report are PPG Industries Inc., AkzoNobel N.V., The Sherwin-Williams Company, A&I Coatings, The Dow Chemical Company, Asian Paints PPG Pvt Ltd., Nora system Inc., RPM International, The Daw Group, CPC Floor Coatings, Cipy Polyurethanes Pvt. Ltd., Apurva India Private Limited, Armorpoxy, Axalta Coating Systems Ltd., Conren Ltd., Florock Polymer Flooring, Grand Polycoats, Michelman Inc., and Rpm International Inc. New product launches are a key trend in the industrial floor coating market. Companies are launching innovative and improved coating products to increase their customer base and revenues. For example, in 2021, Sika Group, a Swiss specialty chemical company, launched a new technology for ESD coatings. Sikafloor®-2350 ESD is a protective dissipative self-leveling system for concrete or cement screeds that is especially suitable for areas with low electrostatic charge requirements. In 2021, Unilin Technologies launched the Unicoat waterproof coating for flooring. In January 2022, Milburn Flooring, a US-based provider of commercial flooring acquired Blendex Industrial Corporation for an undisclosed amount. With the acquisition, Milburn Flooring is anticipated to provide value for both new and existing customers while also broadening its service offerings and installation capabilities. Blendex Industrial Corporation is a US-based provider of flooring solutions for industrial and commercial applications. Asia-Pacific was the largest region in the industrial floor coating market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial floor coating market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the industrial floor coating market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The industrial floor coating market consists of sales of industrial floor coating products such as acrylic resin and polymer coating. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The industrial floor coating market research report is one of a series of new reports from The Business Research Company that provides industrial floor coating market statistics, including industrial floor coating industry global market size, regional shares, competitors with industrial floor coating market shares, detailed industrial floor coating market segments, market trends and opportunities, and any further data you may need to thrive in the industrial floor coating industry. This industrial floor coating market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.