Market Overview:
The global commercial rubber flooring market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for rubber flooring in healthcare, education, leisure & hospitality, retail and other commercial applications. In terms of type, natural rubber is expected to hold a major share of the global commercial rubber flooring market during the forecast period. However, synthetic rubber is projected to grow at a higher CAGR owing to its properties such as durability and resistance against abrasion. Regionally, North America is estimated to account for the largest share of the global commercial rubber flooring market in 2018 followed by Europe and Asia Pacific.
Product Definition:
Commercial Rubber Flooring is a type of flooring that is made up of rubber. This type of flooring is often used in commercial settings, such as businesses and schools. There are a few reasons why this type of flooring may be a good choice for these types of settings. First, it can be very durable and last for many years. Second, it can be easy to clean and maintain. Finally, it can provide some cushioning and help to protect people from injuries if they fall.
Natural Rubber:
Natural rubber (NR) is a polymer, produced from the latex of the rubber tree. It is available in two forms: as a dark brown powder and as a lighter-colored liquid. NR can be used for manufacturing tires, tubes, belts, footwear; however it has limited applications due to its low tensile strength & elongation and high moisture sensitivity.
The global demand for natural rubber was 1,811 kilotons in 2014.
Synthetic Rubber:
Synthetic rubber is a man-made product and has no relation to natural rubber. It is also known as Polyisoprene (PIR) or Polychloroprene (PCR). Synthetic Rubber can be produced from petrochemical feedstock like Butadiene, Styrene, and Hexane. The properties of synthetic rubber are similar to that of natural rubber but with enhanced strength and resilience.
Application Insights:
The demand for commercial rubber flooring in the automotive industry is expected to witness growth on account of its excellent resistance towards oil, gasoline, and other fuels which leads to reduced maintenance costs. In addition, it has the ability to withstand extreme temperatures ranging from -40°C to +140°C thus making it an ideal solution in the automobile sector.
The product is widely used in food & beverage processing industries owing to its superior characteristics such as durability and resistance towards acids and bases. It can be easily cleaned with standard household cleaners which reduces cleaning time significantly resulting in higher productivity. The aforementioned factors are anticipated to drive the product demand over the forecast period thereby contributing toward a significant share of global revenue by 2030 ¢â€š¹%o 28%.
Regional Analysis:
Asia Pacific dominated the global commercial rubber flooring market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and rising expenditure on infrastructural development in emerging economies, such as China and India. In addition, growing demand for high-quality construction products from developed countries of Europe and North America is anticipated to propel industry expansion over the next eight years.
The Asia Pacific was followed by Europe with a share of 25.0% in terms of revenue in 2017 due mainly to well-established automotive, healthcare/medical, retail/e-commerce, and industrial manufacturing sectors existing across major European countries including Germany, France Italy Russia Spain U.K., etc.). These established sectors are majorly driving product adoption across these regions owing mainly to increased production levels within industries coupled with strong consumer base for automotive tires & tubes; medical equipment & supplies; food processing machinery; building materials including cement concrete steel wood pulp paper among others).
Growth Factors:
- Increasing demand for eco-friendly and sustainable flooring solutions
- Growing popularity of rubber flooring in sports and fitness facilities
- Rising investments in the construction sector across the globe
- Proliferation of online retail platforms that offer a wide range of rubber flooring products at competitive prices
- Growing awareness about the health benefits associated with rubber flooring
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Rubber Flooring Market Research Report
By Type
Natural Rubber, Synthetic Rubber
By Application
Healthcare, Education, Leisure & Hospitality, Retail, Commercial Buildings, Public Buildings
By Companies
Hanwha, LG Hausys, China National Building Material Co. Ltd., Flowcrete, James Halstead, Nora, Milliken Floor Covering, Novalis Innovative Flooring, Tajima, Tkflor, Hanwha, TOLI Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Rubber Flooring Market Report Segments:
The global Commercial Rubber Flooring market is segmented on the basis of:
Types
Natural Rubber, Synthetic Rubber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Education, Leisure & Hospitality, Retail, Commercial Buildings, Public Buildings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hanwha
- LG Hausys
- China National Building Material Co. Ltd.
- Flowcrete
- James Halstead
- Nora
- Milliken Floor Covering
- Novalis Innovative Flooring
- Tajima
- Tkflor
- Hanwha
- TOLI Corporation
Highlights of The Commercial Rubber Flooring Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Rubber
- Synthetic Rubber
- By Application:
- Healthcare
- Education
- Leisure & Hospitality
- Retail
- Commercial Buildings
- Public Buildings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Rubber Flooring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial rubber flooring is a type of flooring that is made from natural rubber. It is often used in commercial buildings, such as restaurants, stores, and offices. Commercial rubber flooring is durable and can be cleaned easily.
Some of the major players in the commercial rubber flooring market are Hanwha, LG Hausys, China National Building Material Co. Ltd., Flowcrete, James Halstead, Nora, Milliken Floor Covering, Novalis Innovative Flooring, Tajima, Tkflor, Hanwha, TOLI Corporation.
The commercial rubber flooring market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Rubber Flooring Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Rubber Flooring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Rubber Flooring Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Rubber Flooring Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Rubber Flooring Market Size & Forecast, 2020-2028
4.5.1 Commercial Rubber Flooring Market Size and Y-o-Y Growth
4.5.2 Commercial Rubber Flooring Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Natural Rubber
5.2.2 Synthetic Rubber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Education
6.2.3 Leisure & Hospitality
6.2.4 Retail
6.2.5 Commercial Buildings
6.2.6 Public Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Rubber Flooring Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Rubber Flooring Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Natural Rubber
9.6.2 Synthetic Rubber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Education
9.10.3 Leisure & Hospitality
9.10.4 Retail
9.10.5 Commercial Buildings
9.10.6 Public Buildings
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Natural Rubber
10.6.2 Synthetic Rubber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Education
10.10.3 Leisure & Hospitality
10.10.4 Retail
10.10.5 Commercial Buildings
10.10.6 Public Buildings
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Natural Rubber
11.6.2 Synthetic Rubber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Education
11.10.3 Leisure & Hospitality
11.10.4 Retail
11.10.5 Commercial Buildings
11.10.6 Public Buildings
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Natural Rubber
12.6.2 Synthetic Rubber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Education
12.10.3 Leisure & Hospitality
12.10.4 Retail
12.10.5 Commercial Buildings
12.10.6 Public Buildings
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Natural Rubber
13.6.2 Synthetic Rubber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Education
13.10.3 Leisure & Hospitality
13.10.4 Retail
13.10.5 Commercial Buildings
13.10.6 Public Buildings
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Rubber Flooring Market: Competitive Dashboard
14.2 Global Commercial Rubber Flooring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hanwha
14.3.2 LG Hausys
14.3.3 China National Building Material Co. Ltd.
14.3.4 Flowcrete
14.3.5 James Halstead
14.3.6 Nora
14.3.7 Milliken Floor Covering
14.3.8 Novalis Innovative Flooring
14.3.9 Tajima
14.3.10 Tkflor
14.3.11 Hanwha
14.3.12 TOLI Corporation
