Press release
Concrete Floor Coatings Market Size, Share, Growth and Demand, Report 2024-2031
Global Concrete Floor Coatings Market is expected to grow at a CAGR of 6.9% during the forecasting period (2024-2031).Concrete floor coatings enhance the functionality of flooring by significantly improving the durability of concrete surfaces. These coatings provide various benefits, including slip resistance, chemical resistance, and anti-microbial properties. Additionally, they offer anti-vibrational and anti-static characteristics, helping to prevent cracks and making the floors easier to clean. By reducing maintenance needs and operational costs, concrete floor coatings contribute to more efficient and cost-effective flooring solutions.
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Market Dynamics:
The rapid growth of industrialization, awareness about flooring protection, increasing globalization, and the construction and infrastructure industry's growth are the key factors fueling the global concrete floor coatings market.
The increasing rate of industrialization worldwide, driven by significant shifts in economic and social conditions, is highlighted by a notable rise in manufacturing and urbanization. According to the International Yearbook of Industrial Statistics 2018 by the United Nations Industrial Development Organization (UNIDO), the global manufacturing value added (MVA) grew by 3.5% in 2017, marking the highest growth rate in seven years. Additionally, the United Nations Department of Economic and Social Affairs reports that approximately 55% of the global population lives in urban areas, with this figure projected to reach 68% by 2050.
These trends in industrialization and urbanization are fueling the demand for more industrial facilities, which in turn is expected to drive the growth of the concrete floor coatings market. As the number of industries increases, so does the need for durable, efficient, and high-performance flooring solutions.
Segment Covered in the Concrete Floor Coatings Market:
By Product Type: Epoxy, Poly Aspartic, Acrylic, Polyurethane.
By Application: Outdoor, Indoor.
By End-User: Industrial, Commercial, Residential.
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Key players involved in Concrete Floor Coatings Market:
• Sherwin Williams
• Sherwin Williams
• PPG
• Akzo Nobel NV
• Sika AG
• BASF SE
• Royal DSM NV
• DuPont
• Stonhard
• Pratt and Lambert Paints
• General Polymers
Related Reports:
Anti-Corrosion Coatings Market: https://www.datamintelligence.com/research-report/anti-corrosion-coatings-market
Industrial Coatings Market: https://www.datamintelligence.com/research-report/industrial-coatings-market
Adhesives and Sealants Market: https://www.datamintelligence.com/research-report/adhesives-and-sealants-market
Regional Analysis:
The Concrete Floor Coatings Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Concrete Floor Coatings Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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