Press release
Global Trends Review: The Rapid Evolution of the Industrial Floor Coating Market
The industrial floor coating market is poised for significant expansion as industries increasingly seek durable and efficient flooring solutions. With advancements in sustainable materials and tailored products, this sector is set to witness robust growth supported by evolving industrial needs and technological innovations.Projected Growth of the Industrial Floor Coating Market by 2030
The industrial floor coating market is anticipated to reach a valuation of $8.48 billion by 2030, growing steadily at a compound annual growth rate (CAGR) of 6.4%. This upward trend is driven by factors such as the rising adoption of sustainable coating materials and an increasing preference for low-VOC floor coatings. Additionally, the development of smart factory infrastructure and growing investments in industrial renovation projects contribute significantly to market expansion. Customized floor coating solutions are also becoming more popular, further propelling growth. Key trends expected to influence the market include the wider use of high-performance floor coatings, growing demand for chemical-resistant flooring, expansion of hygienic flooring in food and pharmaceutical sectors, increased utilization of water-borne coating technologies, and heightened attention to floor safety and zoning.
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Leading Companies in the Industrial Floor Coating Sector
The industrial floor coating market features several prominent players, including PPG Industries Inc., AkzoNobel N.V., The Sherwin-Williams Company, A&I Coatings, Dow Chemical Company, Asian Paints PPG Pvt Ltd., Nora Systems Inc., RPM International Inc., Daw SE Group, CPC Floor Coatings, Cipy Polyurethanes Pvt. Ltd., Apurva Private Limited, ArmorPoxy Inc., Axalta Coating Systems Ltd., Conren Ltd., Florock Polymer Flooring, Grand Polycoats, Michelman Inc., BASF SE, Cornerstone Flooring LLC, Don Construction Products Ltd., Fosroc Inc., North American Coating Laboratories, Henkel AG & Co. KGaA, Jotun A/S, The Tennant Company, Stonhard Inc., Behr Process Corporation, 3M Company, The Lubrizol Corporation, Royal DSM N.V., Nippon Paint Co. Ltd., Elite Crete Systems Inc., Dur-A-Flex Inc., Key Resin Company, and Tnemec Company Inc.
Significant Acquisition Moves in the Industrial Floor Coating Market
In January 2025, Sunflower Industrial, a US-based company specializing in coatings and flooring services, finalized the acquisition of a controlling stake in Desco Floor System for an undisclosed sum. This strategic acquisition enables Sunflower Industrial to enhance its commercial and industrial flooring offerings by integrating Desco's installation expertise with its own operations. The collaboration aims to expand Sunflower's capacity to deliver superior industrial floor coatings and polished concrete surfaces across the United States. Desco Floor System is recognized for manufacturing industrial-grade floor coatings and flooring systems tailored for commercial and industrial environments.
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Innovations Shaping the Industrial Floor Coating Industry
Industry leaders are focusing on developing advanced flooring products such as car park floor coatings, which are designed to boost durability, safety, and visual appeal for diverse settings. Car park floor coatings serve as protective layers applied to parking facility floors, enhancing their resistance, safety features, and aesthetics. For example, in March 2023, Jotun, a Norway-based chemicals company, introduced Jotafloor, a car park floor coating suitable for both residential and non-residential areas such as warehouses, schools, malls, and hospitals. Jotafloor stands out for its exceptional durability, maintaining strong performance in high-traffic zones. Additionally, these coatings improve visibility by brightening spaces, which is particularly advantageous in parking structures.
Segment Breakdown and Market Forecast for the Global Industrial Floor Coating Sector
This report segments the industrial floor coating market based on several key categories:
1) Resin Type: Epoxy, Polyurethane, Hybrid, and Other Resin Types
2) Flooring Material: Concrete, Mortar, Terrazzo, and Other Flooring Materials
3) Technology: Water-Borne and Solvent-Borne
4) Component: One-Component, Two-Component, Three-Component, and Four-Component
5) End-Use Sector: Manufacturing, Aviation and Transportation, Food Processing, Science and Technology, and Other End-User Sectors
Further subcategories include:
- Epoxy types such as 100% Solid Epoxy, Water-Based Epoxy, and Solvent-Based Epoxy
- Polyurethane types including Aliphatic Polyurethane and Aromatic Polyurethane
- Hybrid formulations like Epoxy-Polyurethane Blends and other hybrid types
- Other resin types encompassing Acrylic Floor Coatings, Vinyl Ester Coatings, and Cementitious Coatings
This detailed segmentation offers a comprehensive understanding of the market's diverse product offerings and end-use applications, setting the stage for strategic growth and innovation.
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