Floor Grinding Tools Market - Global Industry Analysis and Forecast (2022-2027)

  • The Floor Grinding Tools market was valued at US$ 118.42 Million in 2021, growing from US$ 113.09 Million in 2020. It is estimated that the Global Market is to grow at a CAGR of 4.5% over the forecast period.

  • Format : PDF | Report ID : SMR_904

Floor Grinding Tools Market Overview:

The growth 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. Demand for residential and non-residential areas is driving growth in the building industry in mature economies such as the U.S, and the U.K. These reasons demonstrate that the construction sector is growing steadily over the world and is anticipated to continue to do so in the coming years. Over the previous few decades, emerging economies have focused on fast industrialization. Countries like India, Indonesia, South Africa, Brazil, and Argentina are shifting their economy away from agriculture and toward manufacturing. The demand for industrial building is growing in tandem with the rise of new industries, posing a growth opportunity for the floor grinding tools market.

 

Floor Grinding Tools Market Dynamics:

The global and regional economies rely heavily on infrastructure spending. China, India, and other Asian Pacific countries, as well as South Africa and Brazil, are investing heavily in infrastructure development. Modernization and commercialization necessitate this investment. The Organization for Economic Cooperation and Development estimates that global infrastructure spending would amount roughly USD 50 trillion by 2030. Over the next ten years, non-residential construction is predicted to pick up. Due to excellent chances for long-term infrastructure investments, mature markets such as the United States, Argentina, Mexico, Eastern Europe, and Middle Eastern countries are expected to be high-potential markets for several leading contractors.

 

Floor Grinding Tools Market

 

considerations, different flooring materials are used, which necessitates the usage of floor grinding instruments for surface preparation and finishing.

 

Market Restraining Factors:

 

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. The Environmental Protection Agency (EPA) in the United States is in charge of environmental protection and determines the laws for dealing with concrete slurry. The International Grooving & Grinding Association (IGGA) has issued the slurry Best Management Practices (BMP) handbook to address the multifaceted issue of slurry disposal, reducing the burden on contractors while ensuring that they work in an environmentally friendly manner. Slurry BPMs include slurry spreading, pond decanting, slurry collection, and plant processing, as well as a pH control plan.

 

Construction workers may inhale dust containing respirable crystalline silica while grinding concrete (RCS). Concrete cutting and grinding produce a substantial amount of dust, which may be hazardous to 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. Silicosis, a severe and incurable lung illness, can develop as a result of prolonged exposure to this dust. 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 up to ten times the OSHA's (Occupational Safety and Health Administration) recommended level of silica dust.

 

Floor Grinding Tools Market Segment Analysis:

By Floor Type, Floor Grinding Tools Market is segmented into Concrete, Wood and Marble. Because of its strength and versatility, concrete is an extensively utilized building material. Concrete is a natural substance that will erode over time, despite its durability. Concrete is currently used in both residential and non-residential buildings for ornamental purposes. Concrete grinding is the process of utilising abrasive tools to smooth the floor surface. Because they do not leave ridges on the floor surface, floor grinding machines are preferred over scarifiers or shot blasters. They also enable levelling joints and the removal of dirt, grease, stains, and industrial pollutants. The removal of materials creates a consistent platform for floor polishing, staining, and sealing. Concrete grinders include horizontally spinning discs with a variety of attachments that vary in kind and grit depending on the application.

 

By Application, Floor Grinding Tools Market is segmented into Grinding, Honing, Polishing and Burnishing. The technique of smoothing uneven floor surfaces is known as floor grinding. During the grinding operation, an abrasive tool with a diamond attachment smooths the rough surface. Along with the top layer of concrete, all coatings, stains, and surface cracks are removed. The floor grinding equipment can be used on a variety of flooring in both residential and business settings. To improve the visual appeal and provide comfort, floor grinding equipment are utilized in new residential structures, renovations, and restructuring projects. Grinding concrete slabs reduces the usage of surplus materials such as adhesives and concrete, as well as the byproducts that are used to manufacture wood floors, carpets, and tiles, making it an ideal alternative for residential flooring.

 

By Polishing Type, Floor Grinding Tools Market is segmented into Dry Polishing and Wet Polishing. The technique of smoothing uneven floor surfaces is known as floor grinding. During the grinding operation, an abrasive tool with a diamond attachment smooths the rough surface. Along with the top layer of concrete, all coatings, stains, and surface cracks are removed. The floor grinding equipment can be used on a variety of flooring in both residential and business settings. To improve the visual appeal and provide comfort, floor grinding equipment are utilized in new residential structures, renovations, and restructuring projects. Grinding concrete slabs reduces the usage of surplus materials such as adhesives and concrete, as well as the byproducts that are used to manufacture wood floors, carpets, and tiles, making it an ideal alternative for residential flooring.

 

Floor Grinding Tools Market

 

manufacturing plants to the region due to rising per capita construction spending, a large consumer base, a growing urban population, low labor costs, and easy access to raw materials.

 

The report aims to provide industry stakeholders with a comprehensive analysis of the Floor Grinding Tools market. The report includes the most dominant trends in the Floor Grinding Tools market and how these trends affect new business investment and market development during the forecast period. The report also helps to understand the dynamics of the Floor Grinding Tools market and the competitive structure of the market by examining market leaders, market followers, and regional players.

 

Qualitative and quantitative data provided in the Floor Grinding Tools Market Report will drive market-influencing factors and industry and market growth, which market segments and regions are expected to grow at a faster rate. The forecast period is designed to help you understand the critical areas of opportunity to do. The report also includes the competitive landscape of key industry players, as well as recent developments in the Floor Grinding Tools market. The report looks at factors such as company size, market share, market growth, sales, production, and profits of key players in the Floor Grinding Tools market.

 

Report photo

 

The document affords Porter's Five Force Model, which facilitates designing the enterprise techniques withinside the marketplace. The Report facilitates in figuring out what number of competitors are existing, who they are, and the way their product exceptional is withinside the Global Floor Grinding Tools marketplace. The Report additionally analyses if the Global Floor Grinding Tools marketplace is straightforward for a brand-new participant to benefit a foothold withinside the marketplace, do they input or go out the marketplace often if the marketplace is ruled via way of means of some Players, etc.

 

The document additionally consists of a PESTEL Analysis, which aids withinside the improvement of enterprise techniques. Political variables assist in identifying how an awful lot a central authority can have an impact on the Global Floor Grinding Tools marketplace. Economic variables useful resource withinside the evaluation of monetary overall performance drivers which have an effect at the Global Floor Grinding Tools marketplace. Understanding the effect of the encircling surroundings and the have an impact on of environmental issues at the Global Floor Grinding Tools marketplace is aided via way of means of felony factors.

 

Floor Grinding Tools Market Scope:

Floor Grinding Tools Market

Market Segmentation

Market Indicators

Details

by Floor Type

  • Concrete
  • Wood
  • Marble

Historical Data

2016-2021

by Application

  • Grinding
  • Honing
  • Polishing
  • Burnishing

Forecast Period

 

2022-2027

By Polishing Type

  • Dry Polishing
  • Wet Polishing

Base Year

2021

by Regions

  • North America
  • Europe
  • Asia-Pacific
  • Middle-East and Africa
  • South America

CAGR

4.5%

Market Size in 2021

US $118.42 Million

Market Size in 2027

US $154.53 Million

 

Floor Grinding Tools Market Key Players:

  • Husqvarna Group (Sweden)
  • Shenzhen Idimas Holding Co., Ltd. (China)
  • Tyrolit Construction Products GmbH (Austria)
  • Diamag (Netherlands)
  • Klindex (Italy)
  • Achilli S.r.l. (Italy)
  • Blastrac (U.S.)
  • Fujian Xingyi Polishing Machine Co., Ltd. (China)
  • Levetec (U.S.)
  • Scanmaskin Sweden AB (Sweden)
  • Linax Co ltd (Japan)
  • Stonekor company (U.S.)


Frequently Asked Questions

The segments in Floor Grinding Tools Market are divided by Floor Type, Application, Polishing Type and Regions

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Global Floor Grinding Tools Market: Target Audience
    • Global Floor Grinding Tools Market: Primary Research (As per Client Requirement)
    • Global Floor Grinding Tools Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Market Share Analysis by Region in 2022 (%)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • South America
    • Stellar Competition matrix
      • Global Stellar Competition Matrix
      • North America Stellar Competition Matrix
      • Europe Stellar Competition Matrix
      • Asia Pacific Stellar Competition Matrix
      • South America Stellar Competition Matrix
      • Middle East and Africa 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. Global Floor Grinding Tools Market Segmentation
    • Global Floor Grinding Tools Market, by Region (2021-2027)
      • North America
      • Europe
      • Asia-Pacific
      • Middle East & Africa
      • South America
    • Global Floor Grinding Tools Market, by Floor Type (2021-2027)
      • Concrete
      • Wood
      • Marble
    • Global Floor Grinding Tools Market, by Application (2021-2027)
      • Grinding
      • Honing
      • Polishing
      • Burnishing
    • Global Floor Grinding Tools Market, by Polishing Type (2021-2027)
      • Dry Polishing
      • Wet Polishing
  6. North America Floor Grinding Tools Market Segmentation
    • North America Floor Grinding Tools Market, by Floor Type  (2021-2027)
      • Concrete
      • Wood
      • Marble
    • North America Floor Grinding Tools Market, by Application (2021-2027)
      • Grinding
      • Honing
      • Polishing
      • Burnishing
    • North America Floor Grinding Tools Market, by Polishing Type (2021-2027)
      • Dry Polishing
      • Wet Polishing
    • North America Floor Grinding Tools Market, by Country (2021-2027)
      • United States
      • Canada
      • Mexico
  7. Europe Floor Grinding Tools Market Segmentation
    • Europe Floor Grinding Tools Market, by Floor Type (2021-2027)
    • Europe Floor Grinding Tools Market, by Application (2021-2027)
    • Europe Floor Grinding Tools Market, by Polishing Type (2021-2027)
    • Europe Floor Grinding Tools Market, by Country (2021-2027)
  8. Asia Pacific Floor Grinding Tools Market Segmentation
    • Asia Pacific Floor Grinding Tools Market, by Floor Type (2021-2027)
    • Asia Pacific Floor Grinding Tools Market, by Application (2021-2027)
    • Asia Pacific Floor Grinding Tools Market, by Polishing Type (2021-2027)
    • Asia Pacific Floor Grinding Tools Market, by Country (2021-2027)
  9. Middle East and Africa Floor Grinding Tools Market Segmentation
    • Middle East and Africa Floor Grinding Tools Market, by Floor Type (2021-2027)
    • Middle East and Africa Floor Grinding Tools Market, by Application (2021-2027)
    • Middle East and Africa Floor Grinding Tools Market, by Polishing Type (2021-2027)
    • Middle East and Africa Floor Grinding Tools Market, by Country (2021-2027)
  10. South America Floor Grinding Tools Market Segmentation
    • South America Floor Grinding Tools Market, by Floor Type (2021-2027)
    • South America Floor Grinding Tools Market, by Application (2021-2027)
    • South America Floor Grinding Tools Market, by Polishing Type (2021-2027)
    • South America Floor Grinding Tools Market, by Country (2021-2027)
  11. Company Profiles
    • Key Players
    • Husqvarna Group (Sweden)
      • Company Overview
      • Product Portfolio
      • Financial Overview
      • Business Strategy
      • Key Developments
    • Shenzhen Idimas Holding Co., Ltd. (China)
    • Tyrolit Construction Products GmbH (Austria)
    • Diamag (Netherlands)
    • Klindex (Italy)
    • Achilli S.r.l. (Italy)
    • Blastrac (U.S.)
    • Fujian Xingyi Polishing Machine Co., Ltd. (China)
    • Levetec (U.S.)
    • Scanmaskin Sweden AB (Sweden)
    • Linax Co ltd (Japan)
    • Stonekor company (U.S.)
  12. Key Findings
  13. Recommendations

 

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