Floor Coatings Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Floor Coatings Market: By Resin Type (Polyaspartic, Polyurethane, Epoxy and Others), By Coating Component (One-component (1K), Two-component (2K), Three-component (3K) and Other Components (4K, 5K, etc), By End User (Commercial, Residential and Industrial) and Geography

 

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Report

Description

The floor coatings market was valued at USD 8,935.43 million in 2020, and it is projected to register a CAGR of more than 5.5% during the forecast period (2021-2027). Some of the key factors propelling the market growth are rising globalization and rapid development in industrialization, increasing construction business in countries such as India and China and new technological advancements in material handling equipment’s. However, factors such as rise in raw material prices and strict regulations imposed on floor coatings are hindering the market growth. Because of the building industry’s recession, increasing demand for floor coatings will be more difficult in 2020. The economic downturn produced by the COVID-19 outbreak is likely to cause a period of low growth in building and construction throughout significant regions over the following two years. The commercial building industry, in particular, has seen a significant drop as a result of the current situation. Lower demand in end-user sectors, such as the construction industry’s accelerated growth decrease and a slowdown in core industries, had a cascade effect on other industries, resulting in a drop in overall demand for floor coatings. Housing development activity in Asia-Pacific economies are projected to pick up in the short future. VOCs generated by floor coatings, on the other hand, are subject to stringent controls. The industrial sector’s need for floor coatings dominated the market studied, and it is predicted to rise over the projection period due to rising demand from the chemical industry. Polyaspartic coatings’ promising performance is likely to present an opportunity in the future.

Floor Coatings Market

MARKET SUMMARY
-
5.5%
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 5.5%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Floor Coatings Market

  • Global floor coatings market report gives comprehensive outlook on floor coatings across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global floor coatings market gives historical, current, and future market sizes (US$ Mn) on the basis of resin type, coating component, end user and region.
  • This report studies global floor coatings market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global floor coatings market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global Floor Coatings products.
Market Key Players
  • BASF SE
  • Tambour
  • DoW Chemical Company
  • Akzonobel N.V
  • Arkena Group
  • Sherwin-Williams Company, Inc.
  • Maris Polymers
Growth

Floor Coatings Market

Floor coatings are an important facet of the construction industry. These are used in a broad range of floor coating applications. The demand for concrete floor coatings is primarily led by growth in the construction industry and increasing awareness about floor coatings globally. These coatings also offer different options related to styles and colors, thus increasing their adoption in houses, hotels, offices and warehouses. Use of floor coatings helps in the reduction of cracking of concrete and maintenance cost. Use of floor coatings help clean the floors easily and make manufacturing units, factories, and offices attractive delivering lustrous appearance on the floor. They are used across educational institutes, restaurants, aviation & transportation, medical & healthcare facilities, and commercial retail stores.


Asia-Pacific Got Significant Share

Floor Coatings Market

Asia Pacific accounted for larger revenue share in global floor coatings market with considerable CAGR. XX. This region is one of the key markets for floor coatings production. Presence of various heavy industry companies in Japan and China has propelled the demand for this market particularly in APAC region. On the other hand, North America has witnessed steady growth in the market due to huge infrastructural development and technological advancements.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Global floor coatings market expanding at significant CAGR over 2021 to 2027 owing to rising construction business in developing countries
  • Based on end user, industrial segment accounted for larger market revenue share in 2020 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global floor coatings market

Key

Key Features of the Report

Floor Coatings Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  1. Executive Summary
  2. Global Floor Coating Market Introduction
    • Global Floor Coating Market – Taxonomy
    • Global Floor Coating Market –Definitions
      • Resin Type
      • Coating Component
      • End User
  3. Global Floor Coating Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Floor Coating Market Dynamic Factors – Impact Analysis
    • Global Floor Coating Market – Competition Landscape
  4. Global Floor Coating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  5. Global Floor Coating Market, By Resin Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Polyaspartic
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyurethane
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Epoxy
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Floor Coating Market, By Coating Component, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • One-component (1K)
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Two-component (2K)
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Three-component (3K)
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other Components
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Floor Coating Market, By End User, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Commercial
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Residential
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Industrial
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Floor Coating Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Floor Coating Market – Opportunity Analysis Index, By Resin Type, Coating Component and Region, 2019 – 2025
  2. North America Floor Coating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyaspartic
      • Polyurethane
      • Epoxy
      • Others
    • Coating Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • One-component (1K)
      • Two-component (2K)
      • Three-component (3K)
      • Other Components
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Commercial
      • Residential
      • Industrial
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Floor Coating Market – Opportunity Analysis Index, By Resin Type, Coating Component and Country, 2019 – 2025
    • North America Floor Coating Market Dynamics – Trends
  3. Europe Floor Coating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyaspartic
      • Polyurethane
      • Epoxy
      • Others
    • Coating Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • One-component (1K)
      • Two-component (2K)
      • Three-component (3K)
      • Other Components
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Commercial
      • Residential
      • Industrial
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Floor Coating Market – Opportunity Analysis Index, By Resin Type, Coating Component and Country, 2019 – 2025
    • Europe Floor Coating Market Dynamics – Trends
  4. Asia-Pacific Floor Coating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyaspartic
      • Polyurethane
      • Epoxy
      • Others
    • Coating Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • One-component (1K)
      • Two-component (2K)
      • Three-component (3K)
      • Other Components
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Commercial
      • Residential
      • Industrial
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Floor Coating Market – Opportunity Analysis Index, By Resin Type, Coating Component and Country, 2019 – 2025
    • Asia-Pacific Floor Coating Market Dynamics – Trends
  5. Latin America Floor Coating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyaspartic
      • Polyurethane
      • Epoxy
      • Others
    • Coating Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • One-component (1K)
      • Two-component (2K)
      • Three-component (3K)
      • Other Components
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Commercial
      • Residential
      • Industrial
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Floor Coating Market – Opportunity Analysis Index, By Resin Type, Coating Component and Country, 2019 – 2025
    • Latin America Floor Coating Market Dynamics – Trends
  6. Middle East and Africa Floor Coating Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Resin Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Polyaspartic
      • Polyurethane
      • Epoxy
      • Others
    • Coating Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • One-component (1K)
      • Two-component (2K)
      • Three-component (3K)
      • Other Components
    • End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Commercial
      • Residential
      • Industrial
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Floor Coating Market – Opportunity Analysis Index, By Resin Type, Coating Component and Country, 2019 – 2025
    • MEA Floor Coating Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Resin Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • BASF SE
      • Tambour
      • DoW Chemical Company
      • Akzonobel N.V
      • Arkena Group
      • Sherwin-Williams Company, Inc.
      • Maris Polymers
      • Nora Systems Inc
      • Asian Paints PPG PVT. LTD
      • RPM International Inc
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • BASF SE
  • Tambour
  • DoW Chemical Company
  • Akzonobel N.V
  • Arkena Group
  • Sherwin-Williams Company, Inc.
  • Maris Polymers
  • Nora Systems Inc
  • Asian Paints PPG PVT. LTD
  • RPM International Inc

Description

The floor coatings market was valued at USD 8,935.43 million in 2020, and it is projected to register a CAGR of more than 5.5% during the forecast period (2021-2027). Some of the key factors propelling the market growth are rising globalization and rapid development in industrialization, increasing construction business in countries such as India and China and new technological advancements in material handling equipment’s. However, factors such as rise in raw material prices and strict regulations imposed on floor coatings are hindering the market growth. Because of the building industry’s recession, increasing demand for floor coatings will be more difficult in 2020. The economic downturn produced by the COVID-19 outbreak is likely to cause a period of low growth in building and construction throughout significant regions over the following two years. The commercial building industry, in particular, has seen a significant drop as a result of the current situation. Lower demand in end-user sectors, such as the construction industry’s accelerated growth decrease and a slowdown in core industries, had a cascade effect on other industries, resulting in a drop in overall demand for floor coatings. Housing development activity in Asia-Pacific economies are projected to pick up in the short future. VOCs generated by floor coatings, on the other hand, are subject to stringent controls. The industrial sector’s need for floor coatings dominated the market studied, and it is predicted to rise over the projection period due to rising demand from the chemical industry. Polyaspartic coatings’ promising performance is likely to present an opportunity in the future.

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