United States Flooring Chemicals Market Expands at 6.1% CAGR as Sustainable, Low-VOC & High-Performance Flooring Drives Global Construction Demand

The Global Flooring Chemicals Market is expected to grow at a high CAGR of 6.1% from 2024 to 2031.
Market growth is fueled by rapid urbanization and infrastructure development, surging construction of residential, commercial, and industrial spaces, and rising demand for durable, aesthetic, and hygienic flooring solutions. Key drivers include advancements in eco-friendly, low-VOC formulations to comply with environmental regulations, increasing adoption in chemical-resistant applications for labs and pharma, and growth in renovation activities. Additionally, expansion in emerging economies and preference for resilient coatings like epoxy and polyurethane in high-traffic areas continue to propel the market.

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United States: Key Industry Developments
✅ September 2025: BASF SE expanded its Ucrete® flooring systems portfolio with new low-odor epoxy variants in California and Texas, targeting pharmaceutical and food processing facilities with enhanced chemical resistance.
✅ June 2025: Huntsman Corporation launched sustainable polyurethane-based flooring chemicals in Midwest manufacturing hubs, supporting LEED-certified commercial buildings with reduced VOC emissions.
✅ March 2025: Tremco Incorporated introduced anti-microbial flooring coatings in New York hospitals, deployed in 150+ healthcare projects to meet post-pandemic hygiene standards.

Asia Pacific / China: Key Industry Developments
✅ October 2025: Sinopec scaled production of eco-friendly epoxy resins in Shandong, supplying 300,000 tonnes annually for industrial flooring in electronics and automotive plants.
✅ July 2025: Mitsubishi Chemical Corporation rolled out bio-based PMMA flooring solutions in Guangdong, targeting high-end commercial spaces with improved durability and sustainability.

Key Merges and Acquisitions :
✅ BASF SE - acquired a 30% stake in an Indian flooring chemicals startup in August 2025 for USD 140 million, focusing on low-VOC resins with joint manufacturing in Maharashtra for Asian markets.
✅ Huntsman Corporation - signed a USD 200 million MOU with a Chinese resin producer in May 2025 to co-develop polyurethane systems for industrial flooring, establishing a new facility in Jiangsu.
✅ SABIC - formed a strategic alliance with LyondellBasell in November 2025 valued at USD 160 million, merging technologies for vinyl ester coatings in construction applications across Europe and Asia.

Market Segmentation Analysis:
-By Product: Epoxy Resins Lead with Dominant Share
Epoxy Resins hold 40% market share as of 2024, driven by superior chemical resistance, durability, and adhesion in industrial and commercial floors, with high demand in labs and warehouses.
This segment outperforms due to versatility and performance in heavy-duty applications, outpacing polyurethane in volume.
Polyurethane, Poly Methyl Methacrylate (PMMA), Vinyl Ester Resins, and Others account for the remaining 60%, with polyurethane surging in resilient flooring.
-By Function: Resilient Flooring Holds Leading Position
Resilient Flooring commands approximately 50% market share, favored for flexibility, shock absorption, and aesthetics in commercial and residential spaces.
Non-Resilient and Soft Covering follow at about 30% and 20%, focused on hard surfaces and carpet backing.
-By Application: Commercial Buildings Maintain Dominant Share
Commercial Buildings capture roughly 45% market share, propelled by office spaces, retail, and hospitality requiring durable, easy-to-maintain floors.
Industrial and Residential follow at 35% and 20%, with industrial growing fastest due to chemical resistance needs.

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Growth Drivers:
-Rapid urbanization and population growth, projecting massive construction spending in Asia Pacific and North America to meet housing and commercial needs.
-Strict environmental regulations pushing low-VOC and sustainable flooring chemicals, especially in Europe and the US.
-Increasing industrial and pharmaceutical facilities requiring chemical-resistant, hygienic flooring solutions.
-Renovation boom in developed markets, with rising demand for aesthetic and durable upgrades in offices and homes.
-Economic benefits from cost-effective, long-lasting materials, creating jobs in manufacturing and supporting green building certifications.

Regional Insights:
-North America leads the flooring chemicals market with the highest regional share, capturing approximately 35% of global revenue in 2024-2025, driven by advanced construction projects, stringent building codes, and high renovation activity in the US and Canada. This dominance stems from technological adoption and demand for premium, eco-friendly solutions in commercial and healthcare sectors.
-Asia Pacific follows with the fastest growth and around 30% share, bolstered by massive infrastructure and manufacturing expansion in China and India, alongside population-driven residential demand.
-Europe trails with a steady share of 20%, projected to grow via sustainability mandates; Latin America and Middle East/Africa add 10% and 5% respectively, leveraging construction booms in Brazil and UAE.

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Key Players:
BASF SE | Sinopec | Huntsman Corporation | ExxonMobil | SABIC | Ineos | LyondellBasell Industries | Tremco Inc. | Mitsubishi Chemical Corporation | Stonhard Inc.

Key Highlights (Top 5 Key Players) for Flooring Chemicals Market:
1. BASF SE reported approximately USD 850 million in flooring-related revenue for fiscal year 2025, driven by epoxy innovations, including growth in sustainable product lines.
2. Huntsman Corporation generated estimated revenues of USD 650 million during 2024 to 2025 from polyurethane segments, supported by industrial and commercial applications.
3. Sinopec achieved USD 550 million in revenues for FY 2025, driven by strong demand for epoxy resins across Asia Pacific manufacturing.
4. ExxonMobil recorded USD 450 million in flooring chemicals revenue for 2025, strengthened by vinyl and PMMA product portfolios.
5. SABIC posted over USD 400 million in revenue for 2025, supported by vinyl ester solutions targeting commercial building applications.

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