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Concrete Floor Coatings Market Report 2021: COVID-19 Growth And Change © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Market Scenario of Concrete Floor Coatings Industry • According to a study, concrete floor coatings market size could amass USD 1.80 billion in terms of total annual remuneration through 2027. • Flooring is an important part of the construction sector and concrete floor coatings are widely used in applications to offer resistance against harsh climatic conditions. The overall construction sector in developing countries like India has depicted promising growth prospects over the years. • The growth in the industry depends on two main factors- the massive developments in the construction sector and the consequent expansion in flooring production. Increasing renovation and the establishment of new infrastructural projects is projected to expand the scope of the business. • Concerning the type of product, polyurethane concrete floor coatings have gained considerable demand over the years due to the surging trend of water-borne applications. Superior resistance along with durability makes the product a premium coating type which is applicable in numerous solutions. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Continue:- • In indoor applications, the product is used primarily due to developments in the manufacturing sector. The main factor which is responsible for the material demand from indoor application is the emerging demand for commercial and residential construction in most of the emerging countries. During the year 2019, the indoor segment accounted for over 65% of the total concrete floor coating share worldwide. • Four component concrete floor coatings are ideal for places that need self-leveling coatings. The product carries the ability to withstand friction. Four component floor systems will bring significant demand for the coatings, due to the rise in demand from automobile plants, food processing units, and warehouses. • The coronavirus pandemic has largely affected the construction output, which has subsequently affected the demand for the product. Restrictions in the movement of the people along with the supply chain of raw materials have brought a temporary halt in construction workings. However, with fast approaching relaxation in various sectors of the economy allowed by the authorities, allowing construction sites to work at a particular capacity, concrete floor coatings are expected to regain sales. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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360° Industry Analysis • Industrialization in most parts of the world over the years and the emergence of green buildings has driven the need for advanced commercial and residential buildings. FDI into developing countries in APAC has supported the establishment of various high-rise structures. • The aforementioned factors along with the support from governments to constantly enhance the infrastructural offerings will magnify concrete floor coatings market share. Request for customization:https://www.gminsights.com/roc/1431 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Competitive Analysis: • DAW SE, Epmar Corporation, BASF SE, Nippon Paint Co., Henkel Corporation, Rodda Paint Co., and Behr Process Corporation are some of the key players operating in the Concrete Floor Coatings Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Concrete Floor Coatings Market@ https://www.gminsights.com/industry-analysis/concrete-floor-coatings-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1431 Request for customization: https://www.gminsights.com/roc/1431 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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