According to a new market report published by Lucintel, the future of the industrial floor coating market looks promising with opportunities in commercial and infrastructure construction. The global industrial floor coating market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are high growth of industrial and commercial construction industries across the globe, rapid industrialization, growing manufacturing industries , and advancement in the production units to safeguard the diminishing of interior structure.
To download report brochure, please go to https://www.lucintel.com/industrial-floor-coating-market.aspx and click "download brochure" tab from the menu
Industrial floor coating is protective and tough layers commonly used for industrial or commercial flooring where corrosion or heavy surface wear is expected. In this market, epoxy, polyurethane, and hybrid are the major ingredients used for manufacturing of industrial floor coating. Lucintel forecasts that epoxy will remain the largest segment over the forecast period as it has excellent adhesion, high mechanical strength, and improved chemical resistance benefits majorly supporting product landscape.
Within this market, concrete will remain the largest segment by material over the forecast period due to its lower cost, superior durability, tensile strength, easy installation process, and cost efficiency.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to growing industrial, infrastructural & construction, marine, and automotive industries.
PPG Industries, AkzoNobel, Sherwin-Williams, BASF, and RPM International are among the major suppliers in the global industrial floor coating market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global industrial floor coating market by resin type, material, technology, end-use sector, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Industrial Floor Coating Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global industrial floor coating market by resin type, material, technology, end-use sector, and region as follows:
By Resin Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Epoxy
Polyurethane
Hybrid
Others
By Material [Value ($ Million) shipment analysis for 2014 – 2025]:
Concrete
Mortar
Terrazzo
Others
By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:
Water-Borne
Solvent-Borne
By End-Use Sector [Value ($ Million) shipment analysis for 2014 – 2025]:
Food Processing
Manufacturing
Aviation & Transportation
Science & Technology
Others
Others By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
A 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.