As per this study the Global Industrial Floor Coating Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%. By volume, the market was estimated XX Tons in 2019 and is expected to reach XX Tons by 2026 with a CAGR of XX%.
Floor coating refers to the floor covering by means of a clear liquid that impart protection from slips, trips, chemical spills, and mechanical damage. These coating also offers excellent seamless finish without any cracks, which makes the floor surface durable, dust resistant, and easy to clean. It is mostly used in the commercial kitchen, aircraft hangers, distribution facilities, warehouses, assembly plants, and manufacturing units.
Growing awareness regarding the floor coatings owing to durable, dust resistant, abrasion resistant, waterproof properties is driving the market demand. Booming end-use industries, leading to expansion of manufacturing plants and facilities is further boosting the market growth. Rapid industrialization, growing trend for durable yet aesthetic floor across warehouses, factories, manufacturing plants, and assembly units is further contributing the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of industrial floor coating.
The broad industrial floor coating market has been sub-grouped into product, component, floor material and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Epoxy Cementitious
- Methyl Methacrylate
By Floor Material
- Single Component
- Double Component
- Three Component
- Four Component
- Food Processing
- Aviation & Transportation
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for industrial floor coating in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Industrial Floor Coating Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the industrial floor coating market includes AkzoNobel, ArmorPoxy, Asian Paints, Axalta Coating System, BASF, CPC Floor Coatings, Dow Chemicals, Florock Polymer Flooring Systems, Grand Polycoats, Kansai Paints, Koninklijke DSM, Michelman, Inc., Nora Systems, Plexi-Chemie, Inc., PPG Industries, Roto Polymers & Chemicals, RPM International, Inc., Sherwin Williams, Sika AG, Tambour and The Lubrizol Corporation among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.