Global Industrial Floor Coating Market Size, Forecasts, And Opportunities
Learn about the global industrial floor coating market through The Business Research Company, which provides information on industrial floor coating market size, industrial floor coating market drivers and restraints, industrial floor coating market players, the COVID-19 impact on the industrial floor coating market, and more.
The global industrial floor coating market size is expected to grow from $4.91 billion in 2021 to $5.13 billion in 2022 at a compound annual growth rate (CAGR) of 4.59%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global industrial floor coatings market size is expected to reach $6.21 billion in 2026 at a CAGR of 4.86%.
The growing industrialization globally in floor coating is significantly contributing to the growth of the industrial floor coating market.
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The industrial floor coating market consists of sales of industrial floor coating 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.
Global Industrial Floor Coating Market Segments Include:
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 and Transportation, Food Processing, Science and Technology, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the industrial floor market in 2021.
New product launches is a key trend in the industrial floor coating market. Companies are launching innovative and improved coating products to increase their customer base and revenues.
TBRC’s industrial floor coating market report covers:
Major Market Players: 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
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Industrial Floor Coating Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides industrial floor coating market overviews, analyzes and forecasts market size, share, industrial floor coating market players, industrial floor coating market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s industrial floor coating market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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