Global Concrete Floor Coatings Market Forecast to 2030
The global concrete floor coatings market size is expected to reach USD 2.24 Billion in 2030 and register a steady revenue CAGR of 6.0% over the forecast period, according to the latest analysis by Emergen Research. Concrete floor coatings market revenue growth is a major factor driving the growth of the manufacturing sector in emerging economies. For instance, China's manufacturing output in 2020 increased by 0.79% from 2019 to USD 3,853.81 billion. In addition, rising infrastructure spending around the world is another factor expected to drive market revenue growth. For instance, in 2020, the UK general government invested over £20.6 billion in infrastructure, of which £13.9 billion went to the federal government and £6.7 billion to local governments. Hence, all of these factors are responsible for driving market revenue growth.
The comprehensive and significant market research study on Concrete Floor Coatings offers business strategies, qualitative and quantitative analyses, and emerging trends. The report provides an in-depth examination and analysis of the key elements of the global Concrete Floor Coatings Market. By conducting extensive primary and secondary research and analyzing the drivers, constraints, challenges, trends, and opportunities of the Concrete Floor Coatings Market, the research analysts created this report.
Request a Sample Report with Table of Contents and Figures to visit this site @ https://www.emergenresearch.com/request-sample/1230
Competitive Terrain:
The global Concrete Floor Coatings industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
BASF SE, DSM, DAW SE, PPG Industries, Inc., NIPSEA Group, RPM International Inc., BEHR Process Corporation, The Sherwin-Williams Company, Valspar, Sika Corporation
Research Report on the Concrete Floor Coatings Market Addresses the Following Key Questions:
Who are the dominant players of the Concrete Floor Coatings market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Concrete Floor Coatings market?
What are the key growth drivers and restraining factors of the Concrete Floor Coatings market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Concrete Floor Coatings market and its key segments?
Market Overview:
The report bifurcates the Concrete Floor Coatings market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019-2030)
Epoxy
Polyaspartic
Acrylic
Polyurethane
Others
Application Outlook (Revenue, USD Billion; 2019-2030)
Indoor
Outdoor
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Residential
Commercial
Industrial
Regional Landscape section of the Concrete Floor Coatings report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/concrete-floor-coatings-market
Some Key Highlights From the Report
On 17 May 2022, TSR Concrete Coatings signed a merger with Ninja Coatings and PolyPro Concrete Coatings. TSR is a portfolio business of Bertram Capital and a producer of residential concrete coating solutions ("PolyPro"). Bertram established ReVamp Companies ("ReVamp") concurrently with closing of Ninja and PolyPro transactions. ReVamp is a platform for the top home improvement companies in the country, specializing in residential concrete coatings and other services that improve the look and feel of clients homes.
The epoxy segment is expected to account for a large revenue share over the forecast period. This is attributed to its wide availability, environmental friendliness, and being economical compared to other coating solutions. Epoxy concrete floor coatings are a great option for anyone looking for beautiful and long-lasting flooring. To form a chemical bond with concrete, hardeners and polymer resins are mixed together with many different color and decorative options available. A surface that is more robust than floor paint and can endure heavy traffic is one of the advantages of employing an epoxy coating. Additionally, it creates a floor that is easy to maintain, stain-resistant, and versatile enough to be utilized for both residential and commercial purposes. Moreover, it creates vibrant, distinctive visuals that can be adjusted in a variety of ways and it requires little setup time and downtime.
The indoor segment is expected to account for a large revenue share in the global market over the forecast period owing to demand for housing infrastructure, which is increasing in proportion to population that is accelerating need for new residential construction projects. Finishing options for concrete include polishing, coloring, staining, and putting decorative coatings, which makes it possible to complete a concrete basement floor or to expose concrete floor slabs that had been carpeted or tiled over. In the kitchen, cellar, garage, or warehouse, individuals require a floor that can endure a range of stresses. Concrete coatings are highly resilient and do not chip or break-like other floor tiles and is the most cost-effective option for any commercial establishment. A beautiful, well-constructed concrete floor can last between 50 and 100 years. If the flooring is maintained by a concrete coating, it can last full life of the house.
The industrial segment is expected to account for large revenue share in the global market over the forecast period owing to increasing use to enhance aesthetics and protect floors from corrosion and heavy surface wear. Every manufacturing plant deals with unique issues that call for specialized flooring solutions. Industrial epoxy and other high performance resinous floor coverings can improve worker productivity in industrial buildings, warehouses, or factories, while also promoting employee health and safety. Like many other design and technical challenges, the type of floor coating that should be chosen is greatly influenced by environment at the job site. For instance, in food beverage production facilities, storage facilities, laboratories, pharmaceutical plants, and high performance and sanitary floor surfaces, that are simple to clean and resistant to abrasion, staining, and chemical deterioration, are required.
The Asia Pacific market is expected to account for largest revenue share during the forecast period, which is primarily attributed to the region's growing construction industry. For instance, the construction industry, which in 2019 generated 5.3% of the country's GDP, plays a significant role in supporting the Japanese economy. The recovery from Great East Japan Earthquake and Summer Olympics in Tokyo has both contributed to current upward trend in the industry as a whole. The continued loosening of restrictions and increased construction activity contributed to 17.1% growth of the Indian construction industry in 2021. Consequently, the region's developing construction sector is rising demand for concrete floor coatings, which in turn, is driving market revenue development.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Concrete Floor Coatings market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets
Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/1230
Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.
Latest Published Articles by Emergen Research:
smart lighting market
https://www.emergenresearch.com/industry-report/smart-lighting-market
airborne intelligence surveillance and reconnaissance market
blockchain in automotive and aerospace and aviation market
animal ultrasound market
https://www.emergenresearch.com/industry-report/animal-ultrasound-market
light emitting diode lighting driver market
https://www.emergenresearch.com/industry-report/light-emitting-diode-lighting-driver-market
nano satellite market
https://www.emergenresearch.com/industry-report/nano-satellite-market
aerospace 3d printing market
https://www.emergenresearch.com/industry-report/aerospace-3d-printing-market
augmented reality market
https://www.emergenresearch.com/industry-report/augmented-reality-market
zero emission aircraft engines market
https://www.emergenresearch.com/industry-report/zero-emission-aircraft-engines-market
network automation market
https://www.emergenresearch.com/industry-report/network-automation-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Latest Report: ultraviolet led market, thermal interface materials market
Trending Title: biometrics market, human centric lighting market
