Press release
India Floor Coatings Market to Reach $16.38 Billion by 2032, Growing at 5.6% CAGR - Construction and Epoxy Demand Drive Expansion
India Floor Coatings Market
According to Maximize Market Research, the India floor coatings market was valued at USD 10.59 Billion in 2024 and is projected to reach USD 16.38 Billion by 2032, registering a CAGR of 5.6% for the forecast period. Widespread adoption in both industrial and residential applications underpins strong growth.
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◉ Key Highlights:
Market size forecasted to grow from USD 10.59 Billion (2024) to USD 16.38 Billion (2032) at 5.6% CAGR.
Epoxy coatings dominate with over 51% market share due to durability and ease of maintenance.
Concrete flooring leads segment, accounting for 69% share in 2024.
Residential sector is fastest-growing application, propelled by demand for aesthetics and microbial barriers.
Key drivers: rapid infrastructure development, demand for anti-static and waterproof properties, and heavy investments in building construction.
Major players: Asian Paints, Akzo Nobel, Berger Paints, Sika Industries, FLOWCRETE, Arkema, and Dupont.
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◉ Market Outlook
Expanding construction activities in residential, institutional, and commercial projects are fueling demand for durable and decorative floor coatings across India. Epoxy, polyurethane, and acrylic coatings enable floors to withstand heavy wear and chemical exposure, reduce maintenance costs, and improve aesthetic value. Increased adoption of green building practices and government infrastructure initiatives further boost market expansion prospects.
◉ Segment Insights
Epoxy coatings are widely used due to their versatility in handling static and dynamic loads, especially for concrete floors in parking decks, warehouses, showrooms, and homes. Polyurethane and acrylic coatings also contribute to market growth with specialized applications in high-performance and decorative flooring. Residential segment is set to grow fastest, driven by increased spending on home improvements and preference for seamless, easy-to-clean coatings.
◉ Regional Insights
India leads the Asia-Pacific market, benefiting from low labor costs and rising disposable incomes among consumers seeking both functionality and aesthetics in flooring solutions. Local government support for construction and infrastructure, coupled with growing consumer awareness for sustainable and hygienic building materials, reinforce India's dominant position through 2032.
◉ Key Players
Top industry participants include FLOWCRETE INDIA, Asian Paints, Akzo Nobel, Berger Paints, Sika Industries, DowDupont, Indigo Paints, Arkema, Jemkon, and Dr.Cipy-Specialized Floor Coatings. Strategic product development and expansion activities help these companies maintain competitive market positions.
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/india-floor-coatings-market/27951/
◉ Analyst Quote
"The India floor coatings market is set for robust growth, propelled by sustained infrastructure investments, a surge in residential demand, and heightened emphasis on floor durability and aesthetics. Epoxy and high-performance coatings are transforming standards for industrial and living spaces," said a Maximize Market Research analyst.
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◉About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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