The global floor grinding machines market size was valued at $271.0 million in 2019, and is projected to reach $344.6 million by 2027, registering a CAGR of 3.1% from 2020 to 2027.
Floor grinding machine is used in the construction industry for polishing and grinding granite, concrete, and marble. These machines also repair the damaged surface and level the uneven joints. Floor grinders increase the durability of the floor and make it attractive. There are various types of rotating disks that are used in floor grinders to level, smooth, and clean the floor surface. Floor grinders may use single disks, dual disks, and quadrupole discs. The coarse disks of the floor grinding machines usually remove less than 1/16 inch of the floor.
The floor grinding machine is used to polish and repair concrete floors. In addition, floor grinders are used to remove paint and glue of the floor and prepare the surface for the same. There are two types of floor grinders—wet and dry. In wet floor grinder, water is used as a lubricant to control the dust during operation. Some models have a vacuum feature to pick up water at the same time while grinding the floor. Dry floor grinders do not use water and collect the dust inside the container mounted on a machine with the help of vacuum.
Simple design, robust construction, high quality, and environment-friendly grinders are the factors that propel the floor grinding machines market growth. MaxiQuadra floor grinder is an environment-friendly grinder offered by a key player Klindex. The operation of MaxiQuadra floor grinder is completely dust free and has a very low level of noise, which lead to decrease in pollution. There is an increase in the requirement for floor grinders with the rise in construction industry.
By Head Type
One & Two Head segment is projected to grow at a highest CAGR
However, the building construction and maintenance industry is at a standstill due to the lockdown imposed by governments globally, to reduce the exponential spread of the COVID-19 virus. This has negatively affected the demand for floor grinding machines during 2020 for both residential and non-residential applications. Many governments around the world are permitting to begin the construction activities, however, employers have to follow certain measures to provide a safe and healthy workplace for both workers as well as the occupants. The high maintenance cost of the machine of floor grinder is expected to restrict the growth of the global floor grinding machines market . Increase in demand for the houses by surge in population require floor grinding for houses; this factor creates growth opportunities during the forecast period for the global floor grinding machines market .
Residential segment holds dominant position in 2019
The global floor grinding machines market is classified into head type, application, end user, and region. By head type, the floor grinding machines market is classified into one & two head, three & four head, and others. By application, it is divided into marble & granite, concrete, and others. By end user, the market is categorized into residential and non-residential.
Asia-Pacific holds a dominant position in 2019 and is expected to grow at a highest rate during the forecast period.
By region, the floor grinding machines market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global floor grinding machines market during the analysis period due to growth in urbanization and increase in infrastructure investments. Moreover, China is one of the major exporters of floor grinding machines globally. The rapid industrial development of China motivates the floor grinding machines and accessories manufacturers to establish their production units in the country. Low labor and material costs in China help the manufacturers to produce floor grinding machines and accessories at lower prices as well as to attain high manufacturing productivities. The Chinese floor grinding machines market also includes many small manufacturers who generally serve the Asian demand for floor grinding machines. Furthermore, the developing construction and natural stone industries in China creates opportunities for the growth of the floor grinding machines in China.
The key companies profiled in the floor grinding machines market report include Achilli S.r.l., Blastrac, Fujian Xingyi Polishing Machine Co., Ltd., Klindex S.r.l., Levetec, Scanmaskin Sverige AB, Linax Co ltd, Stonekor company, and Tyrolit Construction Products GmbH.
The major players operating in the global floor grinding machines market have adopted key strategies such as product launch and business expansion to strengthen their market outreach and sustain the stiff competition in the market.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging floor grinding machines market trends and dynamics.
In-depth floor grinding machines market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.
Extensive analysis of the floor grinding machines market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global floor grinding machines market forecast analysis from 2020 to 2027 is included in the report.
The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the floor grinding machine industry.
Global Floor Grinding Machines Market Segments
By Head Type
- One & Two Head
- Three & Four Head
By End User
- Marble & Granite
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
- Achilli S.r.l.
- Fujian Xingyi Polishing Machine Co.,Ltd
- Klindex S.r.l.
- Scanmaskin Sverige AB
- Linax Co ltd
- Stonekor Company
- Tyrolit Construction Products GmbH
Floor Grinding Machines Market Report Highlights
By HEAD TYPE
By END USER
Key Market Players
Achilli S.r.l., Tyrolit Construction Products Gmbh., Levetec, Scanmaskin Sverige AB, StoneKor., Linax Co. Ltd., Husqvarna AB, Klindex S.r.l., .Blastrac, Fujian Xingyi Polishing Machine Co., Ltd.
The consumption of floor grinding machines is highest in the Asia-Pacific region due to growth in construction sector and rise in urbanization. In addition, the utilization of single head floor grinder is on a rise, owing to increase in the floor polishing industry around the globe. Moreover, Asia-Pacific is expected to grow at a highest CAGR during the forecast period, with notable growth in the developing countries such as China and India, which have become a favorable destination for investments in the infrastructure sector.
Growth in demand for natural stones such as marble and granite has transformed the adoption of floor grinding machines in the recent years. These floor grinding machines work on electricity and other advance technology. The floor grinding machines are popular due to their features such as lightweight and durability. Manufacturers of floor grinding machines are taking continuous efforts to develop durable and efficient floor grinding machines for the flooring industry. Players operating in the floor grinding machines market have adopted product launch as their key growth strategy to gain a stronger foothold. Thus, all these factors together are anticipated to significantly contribute toward the growth of the global floor grinding machines market.