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Global Concrete Floor Coatings Market 2024 Top Key Player BASF, PPG Industries, Henkel Corporation, Sika Corporation, Behr Process Corporation, The Valspar Corporation

10-12-2018 01:47 PM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

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Concrete Floor Coatings Market, Concrete Floor Coatings Market trends, Concrete Floor Coatings Market forecast, Concrete Floor Coa

Concrete Floor Coatings Market, Concrete Floor Coatings Market trends, Concrete Floor Coatings Market forecast, Concrete Floor Coa

MarketStudyReport.com Adds New Concrete Floor Coatings Market 2016 – 2024 research report providing information and data By Product, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 122 Pages with table and figures in it.

North America concrete floor coatings market size in 2015 was more than USD 300 million. Increasing renovation and remodeling practices in the residential segment is the major factor contributing high product demand in the region. In addition, robust end-user industries such as, food & beverage, pharmaceutical and automotive will stimulate product demand for flooring applications. Asia Pacific will experience highest growth close to 8% by 2024. Elevating construction business, including both commercial as well residential, in China, Japan and India will be the chief regional concrete floor coatings market growth contributor.

Some of the major industry contributors include BASF, PPG Industries, Henkel Corporation, Sika Corporation, Behr Process Corporation, The Valspar Corporation, Royal DSM N.V., Vanguard Concrete Coating, Nippon Paint, The Sherwin-William Company, The Stonhard Group, Rodda Paint Co., Epmar Corporation, and RPM.

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Concrete floor coatings market size for outdoor will exhibit gains more than 6.5% from 2016 to 2024. Increasing investment by the government across the globe to improve their public infrastructure has positively influenced the product demand. Across outdoor applications, the product is used in garages, driveways, walkways and pathways for improving the strength and durability of concrete floor.

Flooring is an integral part of residential and commercial construction structures. It holds significance in applications across residential houses, commercial institutions (workplace, hospitals, shopping malls), transport infrastructure (railways, airports), and manufacturing facilities. The product is majorly used in the industry to offer superior resistance from harsh climatic conditions, wear & tear and abrasions. In addition, the global flooring market size is likely to witness promising gains close to 6% CAGR from 2016 to 2024, which shall positively impact on the concrete floor coatings market size in the coming years.

Elevating construction industry, particularly in the BRICS nations will positively boost the global concrete floor coatings market share over the projected timespan. The overall construction industry revenue in BRICS nations was approximately USD 2.5 trillion in 2015 and is likely to mark USD 8 trillion in 2024, with projected gains close to 11% CAGR. In addition, China accounted for roughly around 50% of the total construction industry revenue of BRICS nations in 2015. Thus, the country is likely to observe highest growth amongst other countries.

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Petrochemical derivative are the major raw materials used in the global concrete floor coatings market share. Thus, wavering petrochemical price trends may hamper the overall business growth by 2024. Additionally, stringent regulations legislations regarding product applications across sensitive industries such as pharmaceutical laboratory and food processing units may obstruct industry growth in the coming years. However, product manufactures are engaged in developing bio-based product, which will open business growth opportunities by 2024.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Concrete Floor Coatings Industry Insights

Chapter 4. Concrete Floor Coatings Market, By Product

Chapter 5. Concrete Floor Coatings Market, By Application

Chapter 6. Concrete Floor Coatings Market, By Region

Chapter 6. Company Profiles

For More Details On this Report: https://www.marketstudyreport.com/reports/concrete-floor-coatings-market

Related Report:

United States Concrete Floor Coatings Market Report 2017

In this report, the United States Concrete Floor Coatings market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

https://www.marketstudyreport.com/reports/united-states-concrete-floor-coatings-market-report-2017/?utm_source=RR-PSR

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