Floor Coatings Market Size,Growth 2021 Global Companies, Consumption, Drivers, Top Leading Countries, Trends, Forces Analysis, Revenue, Challenges and Global Forecast to 2024

Posted on Nov 23 2021 6:45 AM

"Floor Coatings Market scope of this research report extends from the basic outline of the Global Floor Coatings Market to classifications and applications. This research report also provides a clear picture of the global market by presenting data through effective information graphics. It also provides a detailed list of factors that affect market growth. "

Global Floor Coatings Market provides deep Information by vendors, including company overview, company total revenue (financials), market potential, global presence, Floor Coatings sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. this study provides the Floor Coatings sales, revenue and market share for each player covered in this report. Floor Coatings market is split by Type and by Application. The growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

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Floor Coatings Market report features basic market situations, Product limit, consumption volume, and limit applications. Moreover, the report illuminates the SWOT analysis that should be done by the customers so as to know the Strength, Weaknesses, Opportunities, and Threats of the Floor Coatings industry. It likewise centers around venture practicability investigation, speculation return analysis and different ways to deal with the addition a considerable position in the Floor Coatings Market.The Floor Coatings Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments.

The report focuses on regional development status, which includes the market size, share, and volume. The Floor Coatings Market report presents some of the key data, which would help the stakeholders in the industry besides the analysts and business decision makers. Production, consumption, cost, gross margin, revenue, market share and factors influencing market and CAGR has found its place in the report.

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Market Overview

The market for floor coatings is expected to grow at a CAGR of 6.15 % during the forecast period of 2019–2024. One of the major factors driving the market studied is the number of increasing housing construction activities in the emerging economies of Asia-Pacific. There are strict regulations on VOCs released for floor coatings.

The demand for floor coatings from industrial coatings dominated the market in 2017 and is expected to grow during the forecast period, owing to the increasing demand from the chemical industry.
The promising performance of polyaspartic coatings is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the globe, with the largest consumption from China and India.

Key Market Trends

Demand for Concrete Floor Coatings to Boost the Market

Concrete has become one of the viable materials for flooring in modern houses. Presently, concrete flooring can be easily found in the polished, stained, or etched from, in houses.
In houses, concrete flooring finds application almost everywhere, including in the kitchen, bathroom, basement, entry, foyer, mudroom, bathroom, garage, etc.
Apart from residential applications, concrete is also widely used in commercial areas. For instance, in retail stores, offices, restaurants and bars, schools, churches, medical institutions, and industrial buildings.
Concrete flooring has certain benefits, such as unlimited designs and patterns, extreme durability, very low maintenance demand, stain resistance, etc.
Floor coatings serve as a sealer on the concrete. The application of coating helps avoid seepage, staining, and cracking of concrete.
Additionally, it reduces allergens by avoiding the growth of microorganisms, which may develop on the floor due to seepage or spillage.

Asia-Pacific to Dominate the Market

Asia-Pacific dominated the global market share in 2017. Increasing housing construction activities in the emerging economies of Asia-Pacific have also hugely contributed to the growth of the market studied. Despite volatile growth in the real estate sector, significant development of rail and road infrastructure by the Chinese government (in order to withstand demand from the growing industrial and service sectors) has resulted in the robust growth of the Chinese construction industry, in the recent years. As the construction industry is dominated by state-owned and private enterprises, increased government and private expenditure in this regard is pushing the industry toward global primacy. In recent years, the entry of major construction players from the European Union, in China, has further boosted the growth of this industry. The construction sector in India has been growing rapidly, with increased investment by the government. The Indian government's ‘Housing for All by 2022’ is also a major game changer for the industry. A cumulative total of USD 24.67 billion in foreign direct investment was made toward construction activities (including townships, built-up infrastructure, and construction-development projects) in the country, between April 2000 and December 2017. Such factors are, in turn, boosting the demand for floor coatings in the region.

Competitive Landscape

The global floor coatings market is fragmented, with the top 10 players accounting for around one-third of the revenue share. The top companies in the market include Sika AG, The Sherwin-Williams Company, PPG Industries Inc., and AkzoNobel NV.

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Covered in this report

The Report Covers the Present Scenario and the Growth Prospects of the Global Floor Coatings Market for 2021-2024. To calculate the market size, the report considers new installations or sales and subscription payments of Floor Coatings.

Regional Market Analysis:

The Floor Coatings Market report includes Global & Regional market status and outlook 2021-2024. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Global Floor Coatings Market 2021-2024, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Market Trend

  • Growing research activities coupled with new product launches.
  • For a full, detailed list, view our report

Market Driver

  • High Opportunity in the Industry
  • For a full, detailed list, view our report

Market Challenge

  • Complications associated with Floor Coatings procedures.
  • For a full, detailed list, view our report

Some Major Points from Toc :-

1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.1 Australia
6.1.2 Bolivia
6.1.3 Brazil
6.1.4 Democratic Republic of Congo
6.1.5 Indonesia
6.1.6 Malaysia
6.1.7 Myanmar
6.1.8 Peru
6.1.9 Russia
6.1.10 Thailand
6.1.11 Vietnam
6.1.12 Others
6.2 Consumption Analysis (Market Size, Growth and Forecast)
6.2.1 Asia-Pacific
6.2.1.1 India
6.2.1.2 China
6.2.1.3 Japan
6.2.1.4 South Korea
6.2.1.5 Rest of Asia-Pacific
6.2.2 North America
6.2.2.1 United States
6.2.2.2 Canada
6.2.2.3 Mexico
6.2.2.4 Rest of North America
6.2.3 Europe
6.2.3.1 Germany
6.2.3.2 United Kingdom
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Austria
6.2.3.6 Rest of Europe
6.2.4 South America
6.2.4.1 Brazil
6.2.4.2 Argentina
6.2.4.3 Rest of South America
6.2.5 Middle East & Africa
6.2.5.1 UAE
6.2.5.2 South Africa
6.2.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
10. Disclaimer

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