The industrial floor mats market is projected to exceed a valuation of US$ 2.5 Bn by 2031
Players are increasing production capabilities in rubber mats in order to cater to rising product demands
The presence of many key players in Asia Pacific is fueling the market expansion in this region
WILMINGTON, Del. , July 22, 2022 /PRNewswire/ -- According to an assessment by Transparency Market Research (TMR), the global industrial floor mats market is projected to register growth at a CAGR of 4.9% during the forecast period, from 2022 to 2031.
Players in the industrial floor mats market are increasing R&Ds in order to develop chemical resistant, low-maintenance, and robust mats together with other types of industrial floor mats. Moreover, companies are executing different strategies such as the mergers, acquisitions, and expansion of their product portfolios in order to maintain their leading positions in the global industrial floor mats market.
Companies in the industrial floor mats market are expected to attract profitable avenues in the Asia Pacific region during the forecast period. This growth is ascribed to several factors including the existence of many leading industrial floor mats manufacturers and the presence of sizable industrial area in emerging economies such as India and China .
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Industrial Floor Mats Market : Key Findings
Industrial floor mats are being manufactured using different types of materials such as polypropylene, vinyl, synthetic, rubber, plastic, and polyester. Of them, players are experiencing surge in the demand for products manufactured using rubber material.
Rubber mats are gaining traction owing to their different advantages including their anti-slip property, durability, and chemical resistance, note analysts of a TMR report on the industrial floor mats market. This aside, these mats offer necessary cushioning in order to assist in minimizing the possibility of foot injury and fatigue to workers. The popularity of rubber matting is being increasing as they require low maintenance and can be cleaned easily. The use of rubber mats is being increasing in various applications including entrance, heavy duty industry, and switchboard room in order to gain crucial protection in high-voltage areas. These factors, in turn, are leading to revenue-generation opportunities in the global industrial floor mats market.
The popularity of industrial floor mats is being increasing owing to different they provide including safety messages, anti-fatigue comfort, industry specific protection, floor protection, and resistance to oil, chemical, and grease. This wide range of product benefits is creating incremental opportunities in the industrial floor mats market. Moreover, surge in the demand for floor mats for industrial use is likely to boost the sales growth in the market during the forecast period.
The use of different types of industrial floor mats including water-proof mats and heated mats is being increasing in the recent years owing to their ability to provide health benefits and user safety. Hence, a rise in the product demand across different industry verticals is leading to sizable business opportunities for industrial mats manufacturers & suppliers. Thus, the global industrial floor mats market is estimated to be valued at over US$ 2.5 Bn by 2031.
The demand for anti-fatigue mats is being increasing across different industry verticals as they help in preventing injuries due to working in a standing position for longer periods. Hence, players in the industrial floor mats market are focusing on increasing the production of industrial mats for standing purposes.
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Industrial Floor Mats Market : Growth Boosters
Increase in the demand for floor mats in order to decrease the levels of discomfort and fatigue is creating profitable avenues in the market
Rise in need for the execution of safety measures at workplace is driving the sales growth in the industrial floor mats market
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Industrial Floor Mats Market : Key Players
Some of the key players profiled in the report are:
Eagle Mat and Floor Products
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Industrial Floor Mats Market Segmentation
Asthma and Chronic Obstructive Pulmonary Disease (COPD)
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Transparency Market Research registered at Wilmington, Delaware , United States , is a global market intelligence company provides syndicated research reports and business consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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