Global Floor Coatings Market

  • 4100.00 Dollar US$
  • Published date: July 11, 2019
    • Pune, Pune, Maharashtra, India [ Ad Id - 74011 | Ad Views - 4 ]

Global Floor Coatings Market was valued US$ 4.9Bn in 2017 and is expected to reach US$ 10.3Bn by 2026, at CAGR of 9.73% during forecast period.

Global Floor Coatings MarketThe rapidly increasing construction industry, particularly in the BRICS nations will positively boost the global floor coatings market. Increased globalization and rapid industrialization are key factors in restructuring the floor coating industry. Floor coatings are seen in rapid economic growth on account of changes in industry trends. Floor coatings are applied on concrete, tiles, wooden floors etc. so that it acts as a defensive layer to prevent moisture damage, corrosion resistant, thermal shocks and chemical attacks this help to raise the demand for Floor Coatings. The main feature of floor coatings is the long shelf life of the floor coatings along with providing decorative aspects, protection, cost effective and low maintenance. According to different varieties of floor coatings available in the market, each type possesses various characteristics and are used for different purposes across the industry.

One of the major factors driving the market studied is the number of increasing housing construction activities in the emerging economies of Asia-Pacific. There are strict regulations on VOCs released for floor coatings. Also, the demand for floor coatings from industrial coatings dominated the market in 2017 and is expected to continue this growth during the forecast period, owing to the increasing demand from the chemical industry. The promising performance of polyaspartic coatings is likely to act as an opportunity in the future. Moreover, increasing government investments on corporate and commercial infrastructures is expected to potentially drive demand for floor coatings. Furthermore, easy of FDI norms in emerging economies such as India and China has led to an increasing influx of multinational companies in the region. Major companies lay high emphasis on maintaining the aesthetic appeal of their commercial buildings, especially those that directly engage with clients. This rising demand for high-quality floor coatings, among other things in order to ensure high aesthetic appeal without compromising on functionality.

Scope of Global Floor Coatings Market:

Global Floor Coatings Market, By Product:

  • Epoxy
  • Polyaspartics
  • Others

Global Floor Coatings Market, By Flooring Material:

  • Concrete
  • Mortar
  • Terrazzo

Global Floor Coatings Market, By Coating Component:

  • One-Component
  • Two-Component
  • Three-Component
  • Four-Component
  • Five-Component

Global Floor Coatings Market, By Application:

  • Outdoor
  • Indoor

Global Floor Coatings Market, By End-Use:

  • Manufacturing
  • Aviation & Transportation
  • Food Processing
  • Science & Technology
  • Others

Global Floor Coatings Market, By Region:

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

Key Players Operated in Market Include:

  • PPG Industries, Inc.
  • The Sherwin-Williams Company
  • Akzo Nobel N.V.
  • BASF SE
  • RPM International Inc.
  • 3M Company
  • The Dow Chemical Company
  • Koninklijke DSM N.V.
  • The Lubrizol Corporation
  • Asian Paints PPG Pvt. Limited
  • Florock Polymer Flooring Systems
  • Nora System, Inc.
  • Maris Polymers SA
  • Plexi-Chemie, Inc.
  • Grand Polycoats
  • Ardex Endure
  • A&I Coatings
  • Milliken & Company
  • Michelman, Inc.
  • Roto Polymers and Chemicals
  • CPC Floor Coatings
  • Tambour
  • Apurva India Private Limited
  • ArmorPoxy
  • Pro Maintenance, Inc.

[email protected]:https://www.maximizemarketresearch.com/market-report/global-floor-coatings-market/30157/

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