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The global concrete floor coatings market is projected to grow at a CAGR of 5.7% between 2024 and 2032.
Global Concrete Floor Coatings Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | XX |
Market Size 2032 | USD Million | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 5.7% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 6.6% |
CAGR 2024-2032 - Market by Country | India | 7.5% |
CAGR 2024-2032 - Market by Country | China | 6.4% |
CAGR 2024-2032 - Market by Product | Epoxy | 6.3% |
CAGR 2024-2032 - Market by End Use | Industrial | 6.5% |
Market Share by Country 2023 | Japan | 4.6% |
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Growing Manufacturing Sector in Emerging Economies to Boost the Concrete Floor Coatings Industry The growing residential construction industry, as well as the demand for commercial spaces and protective coverings for concrete flooring, will continue to drive business growth. Concrete floor coatings manufacturers' continuous research and development activities are propelling product creativity. Many manufacturers are designing innovative goods that meet the needs of end users. Concrete floors are commonly used in the commercial and industrial building industries. Due to the increasing service sector, commercial spaces are in high demand in emerging economies. Concrete floor coating is mostly used to cover concrete floors and to enhance their aesthetic value. Owing to their low cost and reliability, concrete floor coatings have witnessed extensive use in industrial construction.
Concrete is an incredibly versatile building and construction material. Concrete can be coated, textured, and coloured to achieve desired atheistic ideals in addition to its strong structural properties. However, concrete is not indestructible and thus needs protection to preserve its appearance and properties.
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By product, the market is divided into:
On the basis of application, the market is bifurcated into:
Based on end use, the industry is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
CAGR 2024-2032 - Market by | Country |
India | 7.5% |
China | 6.4% |
USA | 5.1% |
Germany | 4.7% |
Australia | 4.5% |
Canada | XX% |
UK | XX% |
France | XX% |
Italy | 4.0% |
Japan | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
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Due to the resurging demand for residential dwellings in North America and Europe, the concrete floor coatings industry will expand at a significant pace. Furthermore, due to the strong e-commerce sector, rapidly expanding warehouses have created enormous business opportunities for industry participants. Product demand is being fuelled by rapid industrialisation and the increasing logistics and distribution industry. Business growth is expected to be fuelled by expanding end-use industries and environmentally friendly construction practices. The high demand for tough flooring for use with different chemicals at elevated temperatures is expected to push up product demand. Chemical resistance and floor safety from extreme conditions are two main properties that are driving the market for concrete floor coatings. Price fluctuations in raw materials, on the other hand, can thwart market expansion. Government regulations imposed in response to VOC emissions from some floor coatings can stifle the growth of the concrete floor coatings sector.
The report gives a detailed analysis of the following key players in the global concrete floor coatings market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5.7% between 2024 and 2032.
The major market drivers include the growing residential construction sector, the rising demand for concrete flooring with protective coatings, and the robust growth of the service sector.
The key trends guiding the market growth include the expansion of warehouses, rapid industrialisation and urbanisation, and the growing demand for tough flooring.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various applications of concrete floor coatings are outdoor and indoor.
The different end uses of concrete floor coatings are residential, commercial, and industrial.
The leading players in this market are Royal DSM N.V., Behr Process Corporation, PPG Industries, Inc., Nippon Paint Co. Ltd., and RPM International Inc, among others.
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