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Concrete Floor Coatings Market will be Worth US$1.1 billion by 2020: TMR Research

Transparency Market Research has published a new report that contains a comprehensive overview of the global concrete floor coatings market. The report, titled “Concrete Floor Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”
Published 03 November 2015

The research report states that the global concrete floor coatings market was valued at US$0.7 bn in 2013 and is expected to reach US$1.1 bn by the end of 2020, growing at an impressive CAGR of 6.80% from 2014 to 2020.This upward trend is primarily being fueled by the growing construction industry across the globe. This demand will remain high, as the industry continues to grow on the backdrop of developing economies. Concrete floor coatings serve the purpose of protecting the concrete floors from chemical attacks, thermal shocks, and abrasion. The coatings make the flooring extremely resistant against wear and tear, heat, and other factors. As consumers and builders are realizing the benefits of these coatings, their market share and reach is growing at a rapid pace.

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The global concrete floor coatings market is segmented on the basis of product, application, and region. The product segments include epoxy, polyaspartics, and others such as polyurethane and acrylic. The application segments include indoor and outdoor applications. Geographically, the global concrete floor coatings market is divided into North America, Asia Pacific, Europe, and Rest of the World.According to research analysts, Asia Pacific is expected to be the fastest growing regional segment of the global concrete floor coatings market. Experts have attributed the booming demand from this region to the growing construction industry and increasing awareness about the advantages floor coatings provide to buildings. This region will grow in terms of both production and consumption in the coming years.

Asia Pacific’s impressive impression on the global concrete floor coatings market is also due to the wanton urbanization and steady economic development observed in the region in the past few years. These reasons have also motivated several manufacturers in the region to increase their production capacities. On the other hand, Europe will also show a positive growth trend in the global concrete floor coatings market. This region is expected to grow at a CAGR of 6.30% from between 2014 to 2020.The market research report has also profiled some of the key players in the global concrete floor coatings market to give a picture of the competitive landscape. The important companies profiled in this report are RPM International Inc., PPG Industries, The Valspar Corporation, BASF SE, Sherwin-Williams, and DSM. The chapter on company profiles includes financial overview, research and development status, investment plans, business strategies, and marketing plans.

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The global concrete floor coatings market is segmented in the following ways:

Concrete Floor Coatings Market – Product Segment Analysis

  • Epoxy
  • Polyaspartics
  • Others (including acrylic, polyurethane, etc.)

Concrete Floor Coatings Market – Application Segment Analysis

  • Outdoor
  • Indoor

Concrete Floor Coatings Market – Regional Analysis

  • North America
    • U.S.
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Rest of the World (RoW)

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