LOS ANGELES, United States, PUNE, India, BEIJING, China, LONDON, United Kingdom: QY Research has lately published a new report on “Global Floor Grinding Machine Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
Floor grinding machine, or floor grinder, is a purpose-built machine that are used for grinding and polishing marble, granite, concrete and any other kind of floor. Machines that grind concrete floors are usually made to handle much more stress and will have more power to drive the unit as concrete has a much higher sliding friction than marble or granite which is also worked wet, therefore with less friction. In fact some types of marble will spark when it is ground dry, causing deep damage to the marble surface.
First, for industry structure analysis, the Floor Grinding Machine industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 24 % of the revenue market. Regionally, North America is the biggest production value area, also the leader in the whole Floor Grinding Machine industry.
Second, the production of Floor Grinding Machine increased from 31174 units in 2012 to 37051 units in 2016 with an average growth rate of 4.42%.
Third, China occupied 31.05% of the production market in 2016. It is followed by North America and Europe, which respectively account for around 29.74% and 23.38% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 27.26% of the global consumption volume in 2016.
The global Floor Grinding Machine market is valued at 270 million US$ in 2017 and will reach 310 million US$ by the end of 2025, growing at a CAGR of 2.1% during 2018-2025.
Fourth, for price trend analysis, a key variable in the performance of Floor Grinding Machine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global Floor Grinding Machine revenue would keep increasing with annual growth rate with 1~4%. We tend to believe that this industry still has a good future, considering the current demand of Floor Grinding Machine.
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The Global Floor Grinding Machine Market Research Report 2018 This report released by QYResearch provides a basic overview of the Floor Grinding Machine industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Floor Grinding Machine industry development trends and marketing channels were analyzed.Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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