Thecountries covered in the concrete floor coatings market report are U.S., Canadaand Mexico in North America, Germany, France, U.K., Netherlands, Switzerland,Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), SaudiArabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest ofSouth America as part of South America.
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Data BridgeMarket Research analyses that the concrete floor coatings market will witness aCAGR of 6.20% for the forecast period of 2021-2028. Growth and expansion ofbuildings and construction industry, growing use of concrete floor coatings fora wide range of end use indoor and outdoor applications and surge inindustrialization especially in the developing countries are the major factorsattributable to the growth of the concrete floor coatings market. This meansthat, the concrete floor coatings market value, which was USD 1,600 million in2020, will rocket up to USD 2,588.90 million by 2028.
Concrete isan extremely flexible construction material that is used for a wide range ofapplications such as coating, texturing and so on. Concrete is a versatilebuildings and construction material possessing solid structural properties.Concrete floor coatings are primarily used to improve the aesthetic value.However, concrete needs protection to retain its appearance and properties asit is indestructible in nature.
Increasingurbanization, infrastructural development or growth in the buildings andconstruction activities especially in the developing economies is the rootcause fuelling up the concrete floor coatings market growth rate. Risingindustrialization coupled with growth and expansion of manufacturing industrywill also directly and positively impact the growth rate of the concrete floorcoatings market. Increased focus of the major manufacturers on research anddevelopment proficiencies in regards to product innovations coupled with risingglobalization will further propel growth in the market value. Growing awarenessabout the beneficial properties of concrete is also bolstering the marketgrowth rate.
However,contraction of buildings and construction industry owing to the coronavirusoutbreak will pose a major challenge to the growth of the market. Also,stringent or strict government regulations regarding safety and concreteapplication will dampen the market growth rate. Fluctuations in the prices ofraw materials will further derail the market growth rate.
Thisconcrete floor coatings market report provides details of new recentdevelopments, trade regulations, import export analysis, production analysis,value chain optimization, market share, impact of domestic and localised marketplayers, analyses opportunities in terms of emerging revenue pockets, changesin market regulations, strategic market growth analysis, market size, categorymarket growths, application niches and dominance, product approvals, productlaunches, geographical expansions, technological innovations in the market. Togain more info on concrete floor coatings market contact Data Bridge MarketResearch for an Analyst Brief, our team will help you take an informed marketdecision to achieve market growth.
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The concretefloor coatings market is segmented on the basis of products, component,application and end use sector. The growth amongst the different segments helpsyou in attaining the knowledge related to the different growth factors expectedto be prevalent throughout the market and formulate different strategies tohelp identify core application areas and the difference in your target market.
- On the basis of products, the concrete floor coatings market is segmented into epoxy, polyaspartic, acrylic, and polyurethane.
- On the basis of components, the concrete floor coatings market is segmented into one component, two component, three component, and four component.
- On the basis of application, the concrete floor coatings market is sub-segmented into indoor and outdoor.
- On the basis of end use sector, the concrete floor coatings market is segmented into residential, commercial, and industrial.
The concretefloor coatings market is analysed and market size, volume information isprovided by country, products, component, application, and end use sectorreferenced above.
Asia-Pacificregion is projected to undergo substantial gains and dominate the concretefloor coatings market during the forecast period. This is because of the growthand expansion of buildings and construction activities, especially in theemerging economies such as India and China. Rising industrialization is anotherimportant market growth determinant for this region.
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The countrysection of the concrete floor coatings market report also provides individualmarket impacting factors and changes in regulation in the market domesticallythat impacts the current and future trends of the market. Data points such asconsumption volumes, production sites and volumes, import export analysis,price trend analysis, cost of raw materials, down-stream and upstream value chainanalysis are some of the major pointers used to forecast the market scenariofor individual countries. Also, presence and availability of global brands andtheir challenges faced due to large or scarce competition from local anddomestic brands, impact of domestic tariffs and trade routes are consideredwhile providing forecast analysis of the country data.
The concretefloor coatings market competitive landscape provides details by competitor.Details included are company overview, company financials, revenue generated,market potential, investment in research and development, new marketinitiatives, global presence, production sites and facilities, productioncapacities, company strengths and weaknesses, product launch, product width andbreadth, application dominance. The above data points provided are only relatedto the companies’ focus related to concrete floor coatings market.
The majorplayers covered in the concrete floor coatings market report are Akzo NobelN.V., The Sherwin-Williams Company, RPM International Inc., Sika AG, PPGIndustries, Inc., DSM, BASF SE, DAW SE, BEHR Process Corporation, VanguardConcrete Coating, Valspar, Nippon Paint Holdings Co., Ltd., Epmar Corporation,Henkel Adhesives Technologies India Private Limited, Rodda Paint Co., CPC FloorCoatings., Tennant Coatings., Citadel Contractors., Watco Industrial Flooring.and ARCAT, Inc. among other domestic and global players. Market share data isavailable for global, North America, Europe, Asia-Pacific (APAC), Middle Eastand Africa (MEA), and South America separately. DBMR analysts understandcompetitive strengths and provide competitive analysis for each competitorseparately.
Global Concrete Floor Coatings Market By Products (Epoxy, Polyaspartic, Acrylic andPolyurethane), By Component (One Component, Two Component, Three Component andFour Component), By Application (Indoor and Outdoor), By End Use Sector(Residential, Commercial and Industrial), Country (U.S., Canada, Mexico,Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K.,Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe,Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand,Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, SouthAfrica, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to2028
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