The Global Floor Coatings Market was valued at USD 8,931.43 million in 2020 and the market is projected to register a CAGR of more than 5% during the forecast period (2021-2027).
Floor coatings exhibit desirable properties such as waterproof, anti-static, anti-vibration and anti-slip properties. These desirable properties have made them the preferred coatings in many industrial and construction industries. The floor coating serves to protect the concrete surface to which it is applied and prolong the life of the underlying concrete floor. Inert to oils, detergents and cleaners, transmission fluids, water, hail, snow and corrosive chemicals. Floor coatings are also used to enhance the aesthetic appeal of floors. Available in a variety of colors, shades and textures. Metallic pigments and vinyl colored flakes are added to the floor coating market system to produce an iridescent floor coating market surface. The aesthetic appeal of the colorful floor coatings market is expected to drive the market for floor coatings used for new home projects and renovations of older homes. The aesthetic appeal of seamless floors is expected to attract buyers to floor coatings during the forecast period.
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Market Segments
BY BINDER TYPE
- Epoxy
- Thermoplastic
- Thermoset
- Others
BY COATING COMPONENT
- One-component (1K)
- Two-component (2K)
- Three-component (3K)
BY FLOOR STRUCTURE
- Wood
- Terrazzo
- Mortar
Key Players
Key players profiled in the report include BASF SE, Akzo Nobel NV, Tambour, The Dow Chemical Company, The Arkema Group, The Sherwin Williams Company Inc., Maris Polymers, Nora Systems Inc., Asian Paints PPG Pvt. Ltd., and RPM Internationals Inc.
Scope of the Report
The research study analyzes the global Floor Coating industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Floor Coating Market is available at: https://www.orionmarketreports.com/floor-coating-market/60775/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Floor Coating Market Report
1. What was the Floor Coating Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Floor Coating Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Floor Coating Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Floor Coating market.
- The market share of the global Floor Coating market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Floor Coating market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Floor Coating market.
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