By 2026 Floor Coating Market Burst to Touch $4.1 Bn
The global Floor Coatings Market Size is estimated to reach around US$ 4.1 billion by 2026, According to a new research report by Acumen Research and Consulting. This Market is growing at striking CAGR around 6.5 % over the forecast time frame 2019 - 2026.
Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Floor Coatings Market (By Product: Acrylic, Epoxy, Polyurethane, Polyaspartic, Methyl Methacrylate; By Component: Triple, Double, Single, Others; By Application: Terrazzo, Wood, Concrete, Others; By End-User: Commercial, Industrial, Residential) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026.”
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Globally, demand for green buildings is expected to drive the market. In latest years, green buildings become more popular than standard structures. Efficient utilization of energy & water, renewable sources of energy, decreased operating costs and improved air qualité as well as decreased overall load for metal structures in comparison to conventional buildings are fueling the demand for green buildings. These variables will considerably fuel the development of the market during the forecast era.
Polyurethane is projected to increase at the greatest growth pace over the projected era based on the product section. Polyurethane provides elevated flexibility and abrasion, corrosion and wear resistance. These advantages make the product appropriate for use in housing, business and industrial facilities as flooring alternatives. In order for esthetic attraction to be improved, epoxy laminates are implemented on multiple surfaces such as terrazzo, chip and colored flooring.
Over the prediction era, significant growth is anticipated in the section of the double element. Dual surface coatings of components are appropriate in fields such as parking and bridge decks, warehouse, industrial space, stations, chemical and metal-processing plants and service area for equipment. The chemistry, abrasion and water resistance characteristics are outstanding. Dual component coatings are anticipated to show demand growth, particularly in developing nations such as China, India and Brazil, as a result of quick industrialization and an increase in infrastructure development.
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Wood is one of the most important segments of implementation. On floors wood is used for the improvement of wood grain and for the protection of the ground. Depending on its wooden floors necessity, consumers can choose one between matte and brilliant finish. Products used to give traditional hardwood floors a clear finish include water-based polyurethane, solvent-based polyurethane and others.
The business end-user segment is expected to be significantly growing as the purchasing power parity in areas such as Asia, North America and Europe will grow, with growing building expenditure, including shopping malls, business shops, hospitals, restaurants and comparable projects. Surface coatings with slip-resistant properties and glossy aspect are helpful in heavy-duty fields such as trade centers with a strong footprint and moving machines such as gliders.
Key Findings
During the forecast era 2019 to 2026, Asia Pacific dominated the market.
Because of the increasing industrialization, China is the fastest increasing nation in the Asia-Pacific region.
Due to its increasing demand in multiple applications, the polyurethane segment fuel the development of the floor coating industry.
Market players adopt a number of approaches to raise awareness among end customers and increase product sales by showing their product lines for ground coating on business shows.
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Key Players & Strategies
The market is characterized by the presence of various well-established players, such as Axalta Coating System; Akzo Nobel N.V.; BASF SE; Ltd.; RPM International, Inc.; PPG Industries, Inc.; Kansai Paint Co., and Sherwin-Williams Company. Competitive competition in the coming years is anticipated to stay high as major players continue to expand their product range and global geographical presence. Market companies compete according to the product and technology provided for the manufacture of floor coatings.
Major players compete with regional players on the grounds of application development capabilities in order to minimize the danger of extending to a different marketplace. Established players such as BASF SE invest in R&D operations to expand their business opportunities, enabling them to compete against other players. In October 2018, for example, BASF introduced the Dubai Science Park Research & Development center for building materials, which includes protective layers, tile fasteners, repair moths, waterproof membranes, sealants, ornamental flooring materials or covering parking facilities. The initiative was taken to promote product development operations of the company and to address the increasing building sector in GCC countries.
TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Floor Coatings
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Floor Coatings Market By Product
1.2.2.1. Global Floor Coatings Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Floor Coatings Market Revenue Share By Product in 2017
1.2.2.3. Acrylic
1.2.2.4. Epoxy
1.2.2.5. Polyurethane
1.2.2.6. Polyaspartic
1.2.2.7. Methyl Methacrylate
1.2.3. Floor Coatings Market By Component
1.2.3.1. Global Floor Coatings Market Revenue and Growth Rate Comparison By Component (2015-2026)
1.2.3.2. Triple
1.2.3.3. Double
1.2.3.4. Single
1.2.3.5. Others
1.2.4. Floor Coatings Market By Application
1.2.4.1. Global Floor Coatings Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Terrazzo
1.2.4.3. Wood
1.2.4.4. Concrete
1.2.4.5. Others
1.2.5. Floor Coatings Market By End-User
1.2.5.1. Global Floor Coatings Market Revenue and Growth Rate Comparison By End-User (2015-2026)
1.2.5.2. Commercial
1.2.5.3. Industrial
1.2.5.4. Residential
1.2.6. Floor Coatings Market by Geography
1.2.6.1. Global Floor Coatings Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Floor Coatings Market Revenue and Growth Rate (2015-2026)
1.2.6.3. Europe Floor Coatings Market Revenue and Growth Rate (2015-2026)
1.2.6.4. Asia-Pacific Floor Coatings Market Revenue and Growth Rate (2015-2026)
1.2.6.5. Latin America Floor Coatings Market Revenue and Growth Rate (2015-2026)
1.2.6.6. Middle East and Africa (MEA) Floor Coatings Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Floor Coatings Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Floor Coatings Major Manufacturers in 2017
3.3. R&D Status and Technology Type of Global Floor Coatings Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Floor Coatings Major Manufacturers in 2017
CHAPTER 4. FLOOR COATINGS MARKET BY PRODUCT
4.1. Global Floor Coatings Revenue By Product
4.2. Acrylic
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Epoxy
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Polyurethane
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Polyaspartic
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Methyl Methacrylate
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. FLOOR COATINGS MARKET BY COMPONENT
5.1. Global Floor Coatings Revenue By Component
5.2. Triple
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Double
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Single
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. FLOOR COATINGS MARKET BY APPLICATION
6.1. Global Floor Coatings Revenue By Application
6.2. Terrazzo
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Wood
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Concrete
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. FLOOR COATINGS MARKET BY END-USER
7.1. Global Floor Coatings Revenue By End-User
7.2. Commercial
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Industrial
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Residential
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. NORTH AMERICA FLOOR COATINGS MARKET BY COUNTRY
8.1. North America Floor Coatings Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Floor Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Floor Coatings Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.5. Mexico
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 9. EUROPE FLOOR COATINGS MARKET BY COUNTRY
9.1. Europe Floor Coatings Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Floor Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 10. ASIA-PACIFIC FLOOR COATINGS MARKET BY COUNTRY
10.1. Asia-Pacific Floor Coatings Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Floor Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 11. LATIN AMERICA FLOOR COATINGS MARKET BY COUNTRY
11.1. Latin America Floor Coatings Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Floor Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.4. Argentina
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 12. MIDDLE EAST FLOOR COATINGS MARKET BY COUNTRY
12.1. Middle East Floor Coatings Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East Floor Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. Saudi Arabia
12.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
12.4. UAE
12.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
12.5. Rest of Middle East
12.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 13. AFRICA FLOOR COATINGS MARKET BY COUNTRY
13.1. Africa Floor Coatings Market Revenue and Growth Rate, 2015 - 2026 ($Million)
13.2. Africa Floor Coatings Market Revenue Share Comparison, 2015 & 2026 (%)
13.3. South Africa
13.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
13.3.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
13.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
13.3.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
13.4. Egypt
13.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
13.4.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
13.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
13.4.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
13.5. Rest of Africa
13.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
13.5.2. Market Revenue and Forecast By Component, 2015 - 2026 ($Million)
13.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
13.5.4. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
CHAPTER 14. COMPANY PROFILE
14.1. Axalta Coating System
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Type Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. Akzo Nobel N.V.
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Type Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. BASF SE; Ltd.
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Type Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. RPM International, Inc.
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Type Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. PPG Industries, Inc.
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Type Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. Kansai Paint Co.
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Type Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Sherwin-Williams Company
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Type Portfolio
14.7.5. Key Developments
14.7.6. Strategies
14.8. Others
14.8.1. Company Snapshot
14.8.2. Overview
14.8.3. Financial Overview
14.8.4. Type Portfolio
14.8.5. Key Developments
14.8.6. Strategies
CHAPTER 15. RESEARCH APPROACH
15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope
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