Press release
Industrial Floor Coating Market Driving Growth and Opportunity Outlook 2029 - Sherwin-Williams, Akzo Nobel, Sika AG, RPM International, Dow Chemical
The global market for Industrial Floor Coating estimated at USD 4.5 billion in 2022, is projected to reach a revised size of USD 7.35 billion by 2029 registering a compounded annual growth rate (CAGR) of 5.6% over the period 2023-2029.The latest report titled Industrial Floor Coating Market contains wide-broadening quantifiable facts of the market and studies current industry circumstances on a large scale to offer the market consequences, market value, and growth valuation. The report includes skilful examination, data on the overall market, as well as constraints and headway purposes of the future along with a noteworthy perception of the improvement of the global Industrial Floor Coating market.
The report describes the profile of the top manufacturers of the global Industrial Floor Coating market. It also covers segments such as competitor segment, product type segment, end use/application segment, and geography segment. The authors of the report have examined market demand, turnover, production and growth potential, geographic analysis, as well as current market developments in various regions and countries.
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Industrial Floor Coatings Market: Major Trends and Drivers
The increasing demand in the global industrial floor coatings market can be attributed to factors such as the rising need for high performing flooring while maintaining an aesthetic appearance in the industrial flooring environment. Furthermore, increasing industrialization in countries across the world is also propelling the demand in the global industrial floor coatings market. Some of the most salient benefits offered by the solutions in the global industrial floor coatings market are also acting as the primary driving forces, shaping the demand dynamics in the global industrial floor coatings market. These benefits and characteristics include non-porous nature, cost effectiveness, and easy cleaning functionality. Additionally, the strict regulatory guidelines and policies pertaining to efficient as well as safe functioning of industrial operations is also anticipated to fuel the demand in global industrial floor coatings market in coming years.
Competitive Assessment:
The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Industrial Floor Coating market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.
Leading market players in the Industrial Floor Coating market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the Industrial Floor Coating market is Sherwin-Williams, Akzo Nobel, Sika AG, RPM International, Dow Chemical, PPG Industries, and Kansai Paints, BASF SE and others.
Recent Development
January 2022 - Milburn Flooring, Copiague, NY-based company, has announced the acquisition of Blendex Industrial Corp., adding up an epoxy group called Blendex by Milburn Flooring. Milburn Flooring has various warehouses expanding into Westchester County, they service the Hudson Valley, and Long Island has been influential in the flooring industry as commercial installers for over 60 years.
December 2021- a private equity firm specializing in investments in industrial growth companies, Arsenal Capital Partners, has announced Seal For Life Industries, its global industrial coatings platform, has acquired two privately owned specialty industrial coatings companies named Verdia, Inc., and Mascoat Ltd.
Industrial Floor Coating Market Segmentation:
Industrial Floor Coating Market by Resin Type, 2023-2029, (USD Billion)
Epoxy
Polyurethane
Hybrid
Others
Industrial Floor Coating Market by Component, 2023-2029, (USD Billion)
Single Component
Double Component
Triple Component
Others
Industrial Floor Coating Market by End User, 2023-2029, (USD Billion)
Manufacturing
Aviation
Transportation
Food Processing
Science & Technology
Others
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Regional Framework
The Industrial Floor Coating Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the years 2023-2029 with respect to five major regions. The market by each region is later sub-segmented by respective countries and segments. The Industrial Floor Coating market report covers the analysis and forecast globally along with the current trend and opportunities prevailing in the region.
⇨ North America (United States, Canada, and Mexico)
⇨ Europe (Germany, France, UK, Russia, and Italy)
⇨ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
⇨ South America (Brazil, Argentina, Colombia, etc.)
⇨ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
This Report Also Includes:
» Industrial Floor Coating Market Insights methodology
» Tactics and suggestions for new entrants
» Segmentation analysis
» Economic indices
» Companies' strategic developments
» Industrial Floor Coating Market growth drivers and restraints
» Selected illustrations of the market penetrations and trends
Crucial insights in Industrial Floor Coating research report:
Underlying macro- and microeconomic factors impacting the Sales of Industrial Floor Coating.
Basic overview of the Industrial Floor Coating, including market definition, classification, and applications.
Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
Adoption trend and supply side analysis of Industrial Floor Coating across various industries.
Important regions and countries offering lucrative opportunities to market stakeholders.
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The Study Objectives are:
✔ An in-depth look at the key players in the Industrial Floor Coating market, as well as the data that goes with them.
✔ It includes a product portfolio, annual revenue, research and development spending, geographic presence, recent key developments, and growth strategies.
✔ Regional analysis, which includes information on the dominant Industrial Floor Coating market and its share of the market.
✔ It also includes various socioeconomic factors that influence the market's evolution in the region.
✔ The report provides a detailed look at various members of the value chain, including raw material suppliers, distributors, and stockholders.
Key questions answered in the report:
✦ What is the Industrial Floor Coating market's growth potential?
✦ Which product category will be the most profitable?
✦ In the coming years, which regional market will emerge as a leader?
✦ Which application segment will continue to expand at a steady rate?
✦ What are the potential growth opportunities in the Industrial Floor Coating Market in the coming years?
✦ What are the most significant challenges that the global Industrial Floor Coating Markets may face in the future?
✦ What are the top companies in the global Industrial Floor Coating market?
✦ What are the main trends that are positively impacting the market's growth?
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Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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