Asia Pacific Floor Grinding Machine Market: Industry Analysis and Forecast (2024-2030)

  • Asia Pacific Floor Grinding Machine Market is estimated to grow at a CAGR of 3.7% during the forecast period. Asia Pacific Floor Grinding Machine Market is expected to reach US$ 176.71 Mn. in 2030 from US$ 137.02 Mn. in 2023.

  • Format : PDF | Report ID : SMR_1246

Asia Pacific Floor Grinding Machine Market Overview:

The global and regional economies rely heavily on infrastructure spending. China, India, and other Asian countries are making significant investments in infrastructure development. Modernization and commercialization necessitate this investment. Over the next ten years, non-residential construction is predicted to pick up. The expansion of the flooring sector is inextricably linked to that of the building industry. A vast number of construction projects are underway in Asia Pacific developing countries.

 

During sawing and diamond grinding operations, concrete grinding residue (CGR), also known as sawing slurry, is produced. When the cooling water from a diamond blade comes into contact with concrete fines, the result is a slurry. Flooring contractors are concerned about its correct disposal. Frequently, government regulations specify slurry disposal techniques without knowing the composition of the material. For construction workers, this can be a time-consuming operation.

 

Asia Pacific Floor Grinding Machine Market

 

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Asia Pacific Floor Grinding Machine Market Dynamics:

Renovation and house improvement projects are becoming more popular around the world. This is mostly due to a growing emphasis on home design and improving consumer lives, as well as government funding for such activities. The National Energy Efficiency Action Plan (NEEAP) in Europe aims to encourage investments in residential and commercial building renovations.

 

Consumers' interest in the interior design of their homes and workplaces has grown as their income levels have increased, their lifestyles have changed, and they have adopted other cultures in terms of interior decor. Consumers are spending money on home furnishings like carpets, rugs, and other floor coverings that add to the aesthetic appeal of interiors. Because of the aforementioned considerations, different flooring materials are used, which necessitates the usage of floor grinding instruments for surface preparation and finishing.

 

The floor grinding machine market is expected to expand in the Asia-Pacific region due to rising industry. The demand for floor grinding machines is fueled by the vast range of applications it has in industry. The floor grinding machine is an important tool for firms that are dynamic along the value chain, as well as new entrants, because it allows them to assess opportunities and develop business practices.

 

Construction workers may inhale dust containing respirable crystalline silica while grinding concrete (RCS). Concrete cutting and grinding produce a substantial amount of dust, which could endanger masons' health. Concentrated concentrations of crystalline silica can be found in masonry blocks, bricks, and concrete slabs. When these materials are sliced dry, silica dust is released into the workers' breathing zone. Continuous exposure to this dust can cause silicosis, a life-threatening and incurable lung disease. Workers in the construction industry are at danger of being exposed to silica dust. Masons are less exposed to silica dust when they grind wet. Dry cutting and grinding workers are at risk of inhaling silica dust at levels up to 10 times the acceptable exposure limit set by OSHA (Occupational Safety and Health Administration) (PEL).

 

Asia Pacific Floor Grinding Machine Market Segment Analysis:

Based on Floor Type, Floor Grinding Machine Market is segmented into Concrete, Wood and Marble. Concrete is a widely used construction material due to its strength and adaptability. Despite its resilience, concrete is a natural material that will deteriorate over time. For decorative purposes, concrete is being employed in both residential and non-residential buildings. Concrete grinding is the process of smoothing the floor surface with abrasive equipment. Floor grinding machines are preferred over scarifiers and shot blasters because they do not leave ridges on the floor surface. They can also be used to clean and level joints as well as remove dirt, grease, stains, and industrial pollutants. The removal of materials gives a level surface for polishing, staining, and sealing the floor. Horizontally spinning discs with a range of attachments that vary in kind and grit depending on the application are used in concrete grinders.

 

Based on Application, Floor Grinding Machine Market is segmented into Grinding, Honing, Polishing and Burnishing. Floor grinding is a process for smoothing out uneven floor surfaces. An abrasive tool with a diamond attachment smooths the rough surface during the grinding process. All coatings, stains, and surface fissures are removed along with the top layer of concrete. In both home and commercial settings, the floor grinding equipment can be utilized on a variety of flooring. Floor grinding equipment is used in new residential structures, renovations, and restructuring projects to increase the visual appeal and give comfort. Grinding concrete slabs decreases the use of surplus materials like adhesives and concrete, as well as byproducts used to make wood floors, carpets, and tiles, making it an ideal residential flooring option.

 

Based on Polishing Type, Floor Grinding Machine Market is segmented into Dry Polishing and Wet Polishing. Floor grinding is a method of levelling uneven floors. An abrasive tool with a diamond attachment smooths out the rough surface during the grinding process. All coatings, stains, and surface fractures are removed together with the top layer of concrete. In both home and commercial settings, the floor grinding equipment can be used on a variety of floors. New residential structures, renovations, and restructuring projects all use floor grinding equipment to increase the visual appeal and give comfort. Grinding concrete slabs eliminates the use of surplus materials like adhesives and concrete, as well as byproducts used in the creation of wood floors, carpets, and tiles, making it a suitable home flooring option.

 

Asia Pacific Floor Grinding Machine Market

 

Asia Pacific Floor Grinding Machine Market Regional Insights:

Due to rising urbanization and infrastructure spending, Asia-Pacific is predicted to lead the worldwide floor grinding machines market during the forecast period. Furthermore, China is a significant exporter of floor grinding equipment worldwide. Manufacturers of floor grinding machines and accessories are encouraged to set up shop in China due to the country's rapid industrial development. China's low labor and material costs enable manufacturers to create floor grinding machines and accessories at reduced costs while also increasing industrial productivity. Many small manufacturers fulfil the Asian demand for floor grinding machines on the Chinese floor grinding machines market. Furthermore, China's growing construction and natural stone sectors provide prospects for the floor grinding machine industry to expand.

 

The objective of the Asia Pacific Floor Grinding Machine report is to present a comprehensive analysis of the Asia Pacific Floor Grinding Machine market to the stakeholders in the industry. The Asia Pacific Floor Grinding Machine report provides trends that are most dominant in the Asia Pacific Floor Grinding Machine market and how these trends will influence new business investments and market development throughout the forecast period. The Asia Pacific Floor Grinding Machine report also aids in the comprehension of the Asia Pacific Floor Grinding Machine Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Asia Pacific Floor Grinding Machine market report will assist in understanding which market segments, regions, and factors affecting the Asia Pacific Floor Grinding Machine market, as well as key opportunity areas, will drive the industry and market growth over the forecast period. The Asia Pacific Floor Grinding Machine report also includes the competitive landscape of key industry players, as well as their recent developments in the Asia Pacific Floor Grinding Machine market. The Asia Pacific Floor Grinding Machine report investigates factors such as company size, market share, market growth, revenue, production volume, and profits of the market's key players.

 

The report includes Porter's Five Force Model, which aids in the development of market business strategies. The report assists in determining the number of competitors, who they are, and the quality of their products in the Asia Pacific Floor Grinding Machine market. The report also examines whether it is easy for a new player to gain a foothold in the Asia Pacific Floor Grinding Machine market, whether they enter or exit the market on a regular basis, whether the market is dominated by a few players, and so on.

 

The Asia Pacific Floor Grinding Machine report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Asia Pacific Floor Grinding Machine market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Asia Pacific Floor Grinding Machine market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Asia Pacific Floor Grinding Machine market is aided by legal factors.

 

Asia Pacific Floor Grinding Machine Market Scope:

Asia Pacific Floor Grinding Machine Market Scope

Market Size in 2023

USD 137.02 Mn.

Market Size in 2030

USD 176.71 Mn.

CAGR (2024-2030)

3.7%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By Floor Type

  • Concrete
  • Wood
  • Marble

By Application

  • Grinding
  • Honing
  • Polishing
  • Burnishing

By Polishing Type

  • Dry Polishing
  • Wet Polishing

Country Scope

  • China
  • India 
  • Japan 
  • South Korea
  • Australia 
  • ASEAN
  • Rest of APAC

 

Asia Pacific Floor Grinding Machine Market Key Players

  • Shenzhen Idimas Holding Co., Ltd. (China)
  • Fujian Xingyi Polishing Machine Co., Ltd. (China)
  • Linax Co ltd (Japan)
  • Xingyi Polishing (China)
  • Diamag (Netherlands)
  • Tyrolit Construction Products GmbH (Austria)
  • Scanmaskin Sweden AB (Sweden)


Frequently Asked Questions

The Asia Pacific Floor Grinding Machine Market is segmented by Floor Type, Application, Polishing Type and Countries.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Asia Pacific Floor Grinding Machine Market: Target Audience
    • Asia Pacific Floor Grinding Machine Market: Primary Research (As per Client Requirement)
    • Asia Pacific Floor Grinding Machine Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Stellar Competition matrix
    • Key Players Benchmarking: by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Market Challenges
      • PESTLE Analysis
      • PORTERS Five Force Analysis
      • Value Chain Analysis
  5. Asia Pacific Floor Grinding Machine Market Segmentation
    • Asia Pacific Floor Grinding Machine Market, by Floor Type (2023-2030)
      • Concrete
      • Wood
      • Marble
    • Asia Pacific Floor Grinding Machine Market, by Application (2023-2030)
      • Grinding
      • Honing
      • Polishing
      • Burnishing
    • Asia Pacific Floor Grinding Machine Market, by Polishing Type (2023-2030)
      • Dry Polishing
      • Wet Polishing
    • Asia Pacific Floor Grinding Machine Market, by Country (2023-2030)
      • Japan
      • India
      • China
      • Australia
      • Rest of Asia Pacific
  6. Company Profiles
    • Key Players
      • Shenzhen Idimas Holding Co., Ltd. (China)
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • Fujian Xingyi Polishing Machine Co., Ltd. (China)
      • Linax Co ltd (Japan)
      • Xingyi Polishing (China)
      • Diamag (Netherlands)
      • Tyrolit Construction Products GmbH (Austria)
      • Scanmaskin Sweden AB (Sweden)
  7. Key Findings
  8. Recommendations

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