Press Release
Press Release
The Asia Pacific region is anticipated to hold a significant share in the global market for floor grinding machines. This can be ascribed to the strong market presence of a manufacturing base in China, making the country one of the most significant exporters of the machinery. However, due to the COVID-19 pandemic and the resultant disruptions in the supply chain and limitations on construction activities, the market growth remained restricted during the historical period. Moreover, the rapid industrial development in the form of construction of offices, shopping complexes, airports, and hospitals, among others, in developing countries of the Asia Pacific region like India and China are invigorating the demand for floor grinding machines in order to offer a smooth coating to the floors. Besides, the growth in residential construction and re-construction projects are also propelling the demand for floor grinding machines in the region. Furthermore, the market growth is expected to be driven by product developments, such as expanded lifespan, multiple applications, and reduced prices, among others.
HTC Professional Floor Systems, a subsidiary of Husqvarna Group (STO: HUSQ-B), had recently launched propane driver floor grinders in February 2020. The newly launched DURATIQ XP6 is a propane drive, four head planetary grinder with an entirely new standard for reliability, precision, and control within floor grinding with dust proof, hermetically sealed grinding head. The electronic fuel injection reduces the risk of freezing, whereas the exhaust catalyst makes for low emission. Such developments by leading market players are propelling the growth of the market.
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The major players in the global floor grinding machines market are Achilli S.r.l., Fujian Xingyi Polishing Machine Co., Ltd., Husqvarna AB, Klindex S.r.l., and Tyrolit Construction Products Gmbh, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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