Industrial Floor Coatings Market to Register Substantial Expansion by 2031

Published Oct 14 


Abhishek Kale
By Abhishek Kale

9 Articles



Subtitle – INDUSTRIAL FLOOR COATINGS market analysis by Fact MR identifies leading segments in terms of Application and region. The study is intended to inform business about key trends influencing behavior pattern of consumers. It also offers recommendations to help them make informed decisions and navigate through unforeseen challenges.

According to Fact.MR’s analysis, the market for industrial floor coatings is expected to reach nearly US$ 7 billion by 2031, expanding at a CAGR of around 3% throughout the forecast period. Based on binder, epoxy industrial floor coatings are expected to generate over half of total demand, reaching a value of more than US$ 4 billion by 2031. The segment is projected to expand at approximately 4% CAGR.

Demand for industrial floor coatings is expected to remain especially high across the manufacturing industry, which is anticipated to expand at a volume CAGR exceeding 5% throughout the 2021-2031 forecast period. The U.S. is expected to generate a significant chunk of global industrial floor coating demand, valued at over US$ 1 billion in 2020, amid extensive uptake across key manufacturing sectors such as building & construction. China is also expected to emerge as a key investment destination, with the market projected to expand at over 6% CAGR until 2031.

The Industrial Floor Coatings market survey includes demographics analysis to help market players plan their launches and growth strategies around prevailing forces of demand and supply. It offers sales outlook in 20+ countries besides identifying hidden opportunities across segments in terms of Application and Region.

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Key Industrial Floor Coatings survey highlights and projections

· Fact mr projects sales of Industrial Floor Coatings to continue rising at 3% driven by application across diverse industries.

· The report presents refined Industrial Floor Coatings sales outlook, predicting revenue generated through 2031 to total us$ Industrial Floor Coatings 7bn by 2031.

· Chemicals and materials production in the u.s. Will accelerate at a steady pace, creating scope for expansion of Industrial Floor Coatings market.

· Post covid-19 recovery will reinstate Industrial Floor Coatings demand in japan and south korea to the pre-pandemic status.

Report benefits & key questions answered

· Industrial Floor Coatings company & brand share analysis: the report offers brand-share analysis on Industrial Floor Coatings market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.

· Industrial Floor Coatings historical volume analysis: factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.

· Industrial Floor Coatings category & segment level analysis: to offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.

· Industrial Floor Coatings consumption by demographics: the demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.

· Industrial Floor Coatings manufacturing trend analysis: manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.

· Post covid consumer spending on Industrial Floor Coatings: the survey offers a chapter dedicated to analyzing post covid consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Industrial Floor Coatings sales.

Competitive landscape analysis

Tier 1 companies are expected to boast dominance in the Industrial Floor Coatings market. The trend will continue especially since entering into the market requires heavy investment. Fact mr presents exclusive insight into competitive landscape.

It studies key developments and highlights differences in strategies adopted by tier 1, tier 2, and tier 3 companies. The report also includes market share analysis.

Some of the companies profiled in the fact mr Industrial Floor Coatings market survey are

· 3M Company

· A&I Coatings

· Akzo Nobel N.V

· PPG Industries

· BASF SE

· Grand Polycoats

· Florock Polymer Flooring

· Ardex Endura (India) Pvt. Ltd.

· Apurva India Private Limited

· ArmorPoxy

· Pro Maintenance Inc.

· Roto Polymers and Chemicals

· RPM International Inc.

· The Sherwin-Williams Company

· The Lubrizol Corporation

· Milliken & Company

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Key Market Segments Covered

Binder Type

· Epoxy Industrial Floor Coatings

· Polyaspartic Industrial Floor Coatings

End Use

· Industrial Floor Coatings for Manufacturing

· Industrial Floor Coatings for Aviation & Transportation

· Industrial Floor Coatings for Food Processing

· Industrial Floor Coatings for Other End Uses

Region

· North America

· Europe

· East Asia

· South Asia

· Latin America

· Oceania

· Middle East & Africa

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