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Industrial Floor Coatings Market Growth Analysis 2018 by Top Venders: Sherwin-Williams, PPG Industries, Axalta, Asian Paints, AkzoNobel, BASF, Sika, RPM International Inc., Michelman, The Lubrizol Corporation

10-26-2018 08:31 AM CET | Industry, Real Estate & Construction

Press release from: Global Market Insight, Inc

Industrial Floor Coatings Market

Industrial Floor Coatings Market

According to a new research report by Global Market Insights, Inc. Industrial Floor Coatings Market is estimated to exceed USD 7 billion by 2024. Global industry share is moderately fragmented with the presence of both multinational and regional players. Akzo Nobel, Dow Chemical, Sika AG, Kansai Paints and PPG Industries are among the major industry players.

Other notable participants include BASF, Asian Paints, DSM and Sherwin-Williams. Mergers & acquisitions, product portfolio expansion and supply agreements are key strategies adopted major industry players to gain market share.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1193

APAC industrial floor coatings marketed is estimated to reach USD 2.9 billion by 2024. Favorable FDI norms coupled with government investments to expand the manufacturing sector will drive the regional growth. Moreover, the availability of low-cost raw materials and labor will enhance the region’s appeal as a manufacturing hub, which in turn, positively influences the industrial floor coatings market growth.

Industrial Floor Coatings Market, by Product

• Epoxy
• Polyaspartic
• Polyurethane
• Acrylic
• Epoxy cementitious
• Methyl methacrylate (MMA)

Industrial Floor Coatings Market, by Application

• Manufacturing
• Food processing
• Aviation & transportation
• Warehousing

Industrial Floor Coatings Market, by Flooring Material

• Concrete
• Mortar
• Terrazzo

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1193

Industrial floor coatings are widely used in food & beverage processing facilities to maintain quality, purity & hygiene. Rising urbanization has influenced consumption patterns, increased disposable income will make processed foods affordable for a larger share of the populace. This will foster growth in the food processing industry and create substantial opportunities for the product.

Concrete material contributed over 85% of the overall industry share in 2017. Growing awareness among consumers on the limitations of concrete floor such as dust accumulation, difficulty in cleaning, cracking, microbial growth and weakening of reinforcement have fueled demand for concrete based surface coatings solutions.

Application in the warehousing segment will witness steady growth over the forecast timeline. Strong demand for high mechanical resistant surfaces along with an emphasis on safety will drive the product demand.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/industrial-floor-coating-market

Europe market is characterized by the presence of key industrial floor coatings manufacturers such as BASF, Dow Chemical and AkzoNobel. Strong demand from both domestic and international markets for major industrial output such as automotive, chemical and food will create lucrative opportunities for industrial floor coverings market in the region.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

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