The rubber flooring market is expected to reach 252 billion by 2031

Mondo Finance Updated on 2024-02-18

PUNE, India – According to Adroit Market Research, the rubber flooring market size is expected to reach USD 252 billion by 2031, growing at a CAGR of 61%。Rubber flooring is widely used in various fields In recent years, the constant changes in the environment and industry have led to significant expansion of the market. Rubber flooring is a type of resilient flooring that is mainly composed of synthetic or natural rubber materials. High-volume venues such as gyms, hospitals, schools, and commercial spaces are ideal for this material due to its reputation for durability, non-slip, sound absorption, and ease of maintenance. Rubber flooring can be laid in a variety of ways to suit different needs and preferences. It comes in the form of tiles, sheets, and mats.

Rubber flooring is a popular choice for both indoor and outdoor environments because of its toughness and ability to withstand strenuous foot activity and abrasion. Rubber flooring has excellent shock-absorbing properties, making it ideal for places such as playgrounds and sports facilities where comfort and safety are top of mind. Due to its ability to resist stains and moisture, it lasts longer and is easier to clean and maintain, which adds to its appeal in a variety of applications. With growing concerns about sustainability, recycled rubber materials are becoming increasingly popular in flooring products. This is in line with the industry's growing demand for eco-friendly building and construction solutions.

Recycled rubber flooring is expected to dominate the world rubber flooring market. Due to its low cost and environmental advantages, this type of flooring is becoming more and more popular. Rubber waste, such as tires, can be processed into sheets or tiles for use as flooring. We call this method "recycled rubber flooring". The desire to reduce waste and the growing emphasis on sustainability are driving the demand for recycled rubber flooring.

The commercial sector is expected to account for a significant portion of the global market. The reason for this is the increasing use of rubber flooring in commercial settings such as retail stores, offices, and accommodation facilities. For places with a large amount, rubber flooring is a good choice because of its superior durability, slip resistance, and noise reduction properties. The aesthetic design brought about by technological breakthroughs in this field has further promoted the popularity of rubber flooring in the commercial market.

The rubber flooring industry is expanding significantly due to the rapid development of industrialization, urbanization, and infrastructure in the Asia-Pacific region. The market in the region is being driven by the growing awareness of the benefits of rubber flooring, including its durability, ease of maintenance, and aesthetics. Moreover, the expanding healthcare industry and the increasing number of gyms and sports facilities are also increasing the demand for rubber flooring in the Asia-Pacific region.

The major players in the global rubber flooring market are critical to the growth and expansion of the industry. Their expertise in production and delivery allows them to actively participate in the introduction of new products, innovations, and strategies that shape the market and meet a wide range of needs from consumers around the world.

The top players in Rubber Flooring Market include Warco Rubber Tiles, Playsafe Surface Systems, Rephouse Ltd、artoulin、lg hausys ltd.、nora systems, inc., Versaflex Incorporated, Dinoflex Group, and Amorim Sports Flooring.

Interface Inc., a global leader in modular flooring solutionsIn June 2020, it announced that it would acquire Nora Flooring Systems, a well-known rubber flooring company.

In July 2019, the Swedish engineering organization Trelleborg AB introduced a new technological advancement for rubber flooring. With its improved durability and slip resistance for marine environments, the company introduced Marine Floor Application Seals (MFAS).

Rubber flooring solutions specialist Rephouse LtdExpanded its global footprint with the establishment of a new manufacturing site in Malaysia in September 2018. This measure was taken in response to the growing demand for rubber flooring in the Asia-Pacific region.

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