Global Industrial Floor Coating Market Growth Trajectory
The Business Research Company’s Industrial Floor Coating Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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As per The Business Research Company’s “Industrial Floor Coating Global Market Report 2022”, the industrial floor coating market is predicted to reach a value of $5.13 billion in 2022 at a compound annual growth rate (CAGR) of 4.59%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The industrial floor coating market is expected to reach $6.21 billion in 2026 at a CAGR of 4.86%. The industrialization of floor coatings globally is significantly contributing to the growth of the industrial floor coating market.
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Key Trends In The Industrial Floor Coating Market
New product launches are a key trend in the industrial floor coating market. Companies are launching innovative and improved coating products to increase their customer base and revenues. For example, in 2021, Sika Group, a Swiss specialty chemical company, launched a new technology for ESD coatings. Sikafloor®-2350 ESD is a protective dissipative self-leveling system for concrete or cement screeds that is especially suitable for areas with low electrostatic charge requirements. In 2021, Unilin Technologies launched the Unicoat waterproof coating for flooring.
Overview Of The Industrial Floor Coating Market
The industrial floor coating market consists of sales of industrial floor coatings by entities (organizations, sole traders, and partnerships) that manufacture industrial floor coatings. Floor coatings are tough, protective layers used in applications where heavy surface wear or corrosion is expected. Typical applications include chemical plants, warehouses, and manufacturing floors. Floor coatings are also used to brighten or define areas of facilities.
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Industrial Floor Coating Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Industrial Floor Coating Market Segmentation
• By Resin Type: Epoxy, Polyurethane, Hybrid, Others
• By Flooring Material: Concrete, Mortar, Terrazzo, Others
• By Technology: Water-Borne, Solvent-Borne
• By Component: One-Component, Two-Component, Three-Component, Four-Component
• By End-Use Sector: Manufacturing, Aviation & transportation, Food processing, Science & technology, Others
• By Geography: The global industrial floor coating market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest share in the market.
Major market players such as PPG Industries Inc., AkzoNobel N.V., The Sherwin-Williams Company, A&I Coatings, The Dow Chemical Company, Asian Paints PPG Pvt Ltd, Nora system inc, RPM International , The Daw Group
Trends, opportunities, strategies and so much more.
Industrial Floor Coating Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides in-depth industrial floor coating global market research. The market report analyzes industrial floor coating global market size, industrial floor coating global market growth drivers, industrial floor coating global market segments, industrial floor coating market major players, industrial floor coating global market growth across geographies, and industrial floor coating market competitors’ revenues and market positioning. The industrial floor coating market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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