A recent report published by Infinium Global Research on concrete
floor coatings market provides an in-depth analysis of segments and sub-segments
in the global as well as regional concrete floor coatings market. The study
also highlights the impact of drivers, restraints, and macro indicators on the
global and regional concrete floor coatings market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of the global concrete floor coatings market. According to the
report, the global concrete floor coatings market is projected to grow at a
CAGR of 6.2% over the forecast period of 2019-2025.
Concrete floor coatings repairs and hides pop-outs, scratches and
stains. These coatings provide a decorative look and offer many colors and
patterns to choose from. It enhances the appearance of the garage, basement or
house floor and it is inexpensive as compared to other types of flooring. The
leading companies in the concrete flooring market are adopting strategies such
as mergers, acquisitions, and collaborations that propel their market share.
The rising number of construction projects drives the growth of
concrete floor coatings market. The rapid urbanization and increasing
disposable income contribute to the growth of concrete floor coatings market.
Efficiency in advanced coatings and improvement in product quality promotes the
growth of concrete floor coatings market. The rising popularity of green
technology such as green buildings propels the growth of the concrete floor
coatings market. In addition, increasing awareness regarding the benefits of
concrete flooring such as stain, water, bacteria, and odor resistance boosts
the growth of the concrete floor coatings market. On the other side, the
availability of substitutes such as carpet, tiles, and bamboo flooring hampers
the growth of concrete floor coatings market. Moreover, new innovative product
launches create several opportunities for the growth of the concrete floor
Based on geography, the global concrete floor coatings market is
classified into North America, Asia-Pacific, Europe, and the Rest of the World.
North America is expected to hold a premium share in the global concrete floor
coatings market. Easy availability of different types of floor coatings in
North America drives the growth of concrete floor coatings market in North
America. Asia-Pacific region is anticipated to grow in the global concrete
floor coatings market with a significant CAGR over the forecast period. The
rising construction industry in developing countries like India, China
stimulates the growth of concrete floor coatings market. Europe is showing
growth in the global concrete floor coatings market. The
growing renovation and remodeling activities in Europe promotes the growth of
concrete floor coatings market in Europe.
The report on the global concrete floor coatings market covers
segments such as product type and application type. On the basis of product
type, the sub-markets include epoxy, polyaspartics, and other product types. On
the basis of application type, the sub-markets include indoor, and outdoor.
The report provides profiles of the companies in the market such
as BASF SE, RPM International Inc., Sika AG, PPG Industries Inc.,
Sherwin-Williams Company, Zeraus Products Inc., The Valspar Corporation,
Stonhard Inc., Behr Process Corporation, Armor Rock Concrete Floor Coatings
Inc., and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of concrete floor
coatings market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.