21 November 2018

Industry Focus- Industrial Flooring

On the floor!

 

The government’s initiatives and boost to manufacturing has transformed India into a country in making. The rise in the construction of facilities and related infrastructure has resulted in the demand for industrial flooring in the long run. Sectors such as industries and F&B segments, commercial real estate and warehousing are in the forefront. Rising economic activities and industrialisation in India is expected to bring a growth surge in the flooring chemicals market in India, reports ROHAN AMBIKE.

 

Flooring is basically a layer of finished material that is applied on the floors which acts as a permanent covering for the same. Materials such as vinyl sheet & tiles, carpets & rugs, laminates, natural stone, wood, ceramic tiles, and rubber are commonly used as flooring materials. Resilient, non-resilient, and soft cover types of flooring materials are used based on the type of the application.

 

Carpets are designed for warm or dry applications. They are available in natural and synthetic forms with various patterns, colours, and styles. Hardwood and engineered wood flooring products are highly popular and available in many forms. Engineered wood differs from hardwood; it is a laminate of several wood layers, which is machined to have a specific look and feel. Stone is a kind of flooring option, wherein different types of natural rocks are carved out of a quarry and then cut for applications in flooring. Vinyl flooring is a fully synthetic polymer flooring with added colour.

 

 

Indian Market rising

 

Flooring market in India is foreseeing a rising demand due to wide around innovation and adaptation of recent flooring techniques. It is essential for an all around growth of the industry as a whole. The advent of several new technologies and the increasing use of specialized machinery have meant that the field has changed beyond recognition, especially with reference to the industrial and commercial flooring sectors. The industrial and commercial flooring segments have been maintaining a healthy pace of growth in the recent few years, with India emerging as a key market for newer technologies. The 2017-2024 industrial floor coatings market research by Global Market Insights, Inc. says epoxy cementitious is the fastest growing segment forecast to rise at over 6.5 per cent up to 2024 as double component accounted for over 50 per cent of market share in 2016.

 

 

Growth Drivers

 

Rapid industrialization, rising government expenditure on infrastructure and manufacturing facilities will positively influence industrial floor coatings market growth. Shift in consumer preference for improved finishing ability with high mechanical strength and chemical resistance flooring will encourage product penetration. Potential application scope in food & beverages processing industry will boost product demand. Global food & beverages industry is expected to rise at a rate of 6 per cent up to 2024. This development is credited to increasing levels of quality, hygiene, contamination and purity of products. The global flooring market was valued at $121.4 billion in the year 2016, which is expected to reach $161.4 billion by the end of the 2023 growing at 4.25 per cent CAGR.

 

Chemical protection, high abrasion along with low costing is among the key factors fuelling industry demand. The product is generally used as defensive layers that are applied to the ground surfaces. Growth in number of production units safeguarding interior from any damage will propel industrial floor coatings market growth. Superior properties including high reinforcement with urethane and little hardness will support industry growth. Delivering efficient protection along with cost effectiveness which leads to better product acceptance among customers.

 

 

 

Technical Trends

 

The use of flooring compounds is mostly for various industrial needs like resistance to abrasion, chemical attacks, moisture penetration, strengthening of damaged floors etc. Epoxy and floor hardeners today constitute a major share of the industrial flooring market. However, the growing technical requirements and specialised industrial operations have led to a rising demand for products offering load bearing abilities and resistance to heat, fire and even sound. Ability to maintain the aesthetic appeal of the flooring systems is the other crucial factor considered during the selection of such chemical solutions.

 

As a result of the development in technology in all these years, , manufacturers involved in the flooring chemical market are now increasingly offering specialised solutions as one of their key selling points. Uttar Pradesh Conpro Chemicals is one such manufacturer specialising in the expoxy flooring market particularly for VDF floorings. It is estimated that the industrial flooring sector is on the growth path at the rate of 15-18 per cent since 2014 and has crossed the `600 crore mark.

 

Apart from the resin and epoxy flooring compounds, industry experts indicate PU Concrete solutions as a product finding fast acceptance in the Indian markets. These user specific chemical products have especially found acceptance in the industrial units demanding heat and chemical resistance. The PU based car park deck coating system can replace the VDF concrete screed that is normally provided in a building on top of the mother slab. This product also results in achieving substantial cost savings. The market for flooring solutions is also expected to benefit with heavy industrial usage, productivity and workplace safety and hygiene requirements. Energy efficiency is the other crucial factor leading to the demand for flooring chemical solutions in India.

 

 

 

Lack of skills

 

Despite the evolving opportunities and rapid pace of industrialisation, a crucial challenge affecting the industrial flooring solution market in India is the lack of good applicators. According to industry experts, lack of awareness of selection and application procedures for flooring solutions often results in projects not achieving the desired output. Improper installations coupled with low thickness floorings leading to floor failures, lack of professionals in installation despite the availability of quality resin products are the other few hindrances faced in the flooring market. The other common problem area is that contractors often depend on local masons or labourers in the application of flooring solutions.

 

 

 

Challenges in Industrial Flooring

 

Here are some of the industrial flooring problems that can result from old, improperly-installed, or the wrong type of flooring for any facility.

 

In addition to being unsightly, cracks, peels and tears in flooring can cause accidents, tripping and falling, or damage to the tools and equipment. (Learn more here!) They can cause problems when using rolling carts or other equipment that must be moved around your facility as part of the daily work routine. Leaving these cracks and fissures in the flooring unrepaired will result in further damage over time.

 

Improperly installed, damaged or out of date flooring can cause a number of environmental problems in any facility. Flooring that is porous or that absorbs – rather than repels – spills, leaks, moisture or other substances – can result in toxic and potentially hazardous working conditions. Seamless epoxy flooring eliminates risks of dangerous bacterial growth or chemical buildup in tile seams or cracked grout. Seamless and resistant flooring is easier to keep clean and bacteria-or chemical-free. If the flooring is getting old and worn, it is going to become less skid-and slip-resistant over time. This can lead to an increase of workplace slips, falls and other injuries, for which the business owner, are responsible.

 

Many experts have noted that in India there is a serious lack of availability of qualitative application technologies. The equipments required for putting big floors in one go are missing. Consequently the floors develop lot of cracks and ultimately increase time and expense on maintenance

 

 

 

What steps need to be taken?

 

Robust measures hence need to be adopted to ensure that product quality is maintained and stringent application procedures are put into practice. The manufacturers seek a proactive government approach to bring about standardisation in the gradually expanding flooring chemicals market in India. It is expected that the implementation of such stringent norms backed by varied project opportunities can drive the market for flooring solutions on a price-to-performance basis rather than being just price competitive.

 

 

 

Path ahead

 

Now the demand is shifting across two axis, aesthetics cum quality, and the quality equation. Manufacturers are offering innovative products across individual product segments geared to the application of the end-user. The new demand is for floors which score high on aesthetics, ease of installation, ease of maintenance, slip resistance, moisture resistance, aseptic, and durability. The other axis is the cost/quality equation where products are available across the cost spectrum.

 

While mainstream manufacturing will drive demand majorly for industrial flooring products, commercial and industrial real estate and urban transport infra will be the other demand drivers. There is growing demand across various segments such as airports, Metro-Rail projects, shopping malls, IT parks, and SEZs. The logistics, warehousing, and packaging industries are also boosting the demand for industrial flooring. Another new driver will be big ticket projects like Delhi Mumbai Industrial Corridor, where some industrial townships are planned, will increase the demand for industrial flooring products in the future.

 

 

FAST FACTS:

  • Flooring market in India is foreseeing a rising demand due to wide around innovation and adaptation of recent flooring techniques.
  • Rapid industrialisation, rising government expenditure on infrastructure  play the key influencers.
  • The industrial flooring sector is on the growth path at the rate of 15-18 per cent since 2014 and has crossed the Rs 600 crore mark.
  • While mainstream manufacturing will drive demand majorly for industrial flooring products, commercial and industrial real estate and urban transport infra will be the other demand drivers.



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