Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the 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, forecasts, 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 about 6% over the forecast
period of 2022-2028.
The revenue
generated by the market was more than USD 1.3 billion in 2022 and is expected
to reach about USD 2 billion in 2028 and is expected to grow with a CAGR of
about 6% over the forecast period 2022-2028. Concrete floor coatings market
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. These materials are commonly
used to preserve underlying concrete floors from wear and to keep steel
reinforcement from corroding. Four major types of flooring coatings are epoxy
floor coating, polyurethane floor coating, polyaspartic floor coatings, and
acrylic floor coatings. The concrete floor coatings market has unique features and
benefits that make them ideal for a variety of uses.
The rising number of construction
projects drives the growth of the concrete floor coatings market. The rapid
urbanization and increasing disposable income contribute to the growth of the concrete
floor coatings market. Efficiency in advanced coatings and improvement in
product quality promotes the growth of the 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 the concrete floor coatings market. Moreover, new
innovative product launches create several opportunities for the growth of the concrete
floor coatings market.
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. The easy availability of different types
of floor coatings in North America drives the growth of the concrete floor coatings
market in North America. The 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, and China stimulates the growth of the concrete floor coatings market. Europe is
showing growth in the global concrete floor coatings market. The growing
renovation and remodeling activities in Europe promote the growth of the 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., and The
Valspar Corporation, Stonhard Inc., Behr Process Corporation, and Armor Rock Concrete
floor coatings market Inc.
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 the concrete floor coatings market. Moreover, the study highlights
current market trends and provides forecast from 2022-2028. 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.
Please Choose One of them.