openPR Logo
Press release

Concrete Floor Coatings Market from Asia Pacific is forecast to experience maximum gains close to 8% CAGR by 2024

Concrete Floor Coatings Market from Asia Pacific is forecast

Global Concrete Floor Coatings Market is poised to witness a major upswing with the soaring construction industry worldwide. On the global level, the total construction spending crossed a mark of USD 7 trillion and is foreseen to record USD 13 trillion by 2024. Flooring is an integral part of the construction industry, and finds wide application in the residential and commercial sectors. Concrete floor coatings are majorly used in flooring applications to provide resistance against harsh climatic conditions and abrasion.

The overall construction industry in the BRICS nations has been depicting promising growth prospects and is expected to grow at an annual rate of 11% over 2016-2024. The growth of concrete floor coatings market is dependent on two factors – the massive growth in the construction industry and the simultaneous expansion of the flooring industry. Escalating renovation and new infrastructural projects are expected to enlarge the scope of the business. As per a report by Global Market Insights, Inc., Concrete floor coatings market is projected to record a 7% CAGR over 2016-2024 and exceed a market valuation of USD 1.5 billion by 2024.

Request for a Sample copy of this Report@
https://www.gminsights.com/request-sample/detail/1431

The flourishing construction business across Asia Pacific has been a crucial factor driving the regional concrete floor coatings industry share. The emerging economies of the region, including India and China are experiencing robust growth potential in infrastructural development and manufacturing facilities, which has heightened the product demand in the region. Moreover, rising population and changing consumer lifestyle have also positively led to the massive development of the regional market.

Asia Pacific concrete floor coatings industry is anticipated to attain a CAGR of 8% over the period of 2016-2024. China, in 2015, accounted for more than half of the total construction industry revenue generated by BRICS nations, and is expected to observe the highest growth in concrete flooring market over the coming years.

Post 2008 economic turmoil, North America has experienced a surge in the construction sector and has a strong pipeline of numerous construction projects. Strong growth in the pharmaceutical, automotive, and food & beverage industry has stimulated the product demand for flooring applications across the region. A significant rise has been observed in remodeling and renovation projects across the residential sector, which has driven the concrete floor coatings market size. Accounting for more than 30% of the overall industry share, North America led the worldwide concrete floor coatings industry share in 2015.

Inquiry Before Buying this Report@
https://www.gminsights.com/inquiry-before-buying/1431

Concrete floor coatings also find significant applications in indoor and outdoor sectors. Concrete floor coatings market revenue from outdoor applications is anticipated to grow at a CAGR of over 6.5% during the duration from 2016 to 2024. High government funding for infrastructural growth has impelled the product usage in outdoor applications such as driveways, pathways, garages, and walkways. Indoor applications, which dominated the application landscape in 2015, are expected to contribute notably towards concrete floor coatings market share over the years ahead. The growth can be attributed to the high product preference across residential and commercial constructions. The growing need for improving sports infrastructure will further drive the product demand.

Polyurethane, epoxy, and polyaspartics are the major concrete floor coatings products. Thriving polyurethane sector, which is projected to surpass a revenue of USD 75 billion by 2023, will boost concrete floor coatings industry trends. Development of bio-based polyurethanes for various coating applications will further push the industry revenue.

Epoxy concrete floor coatings market value, which was estimated at over USD 400 million 2015, is expected to grow remarkably over the years ahead. Prominent product applications in the railways, hospitals, airways, schools & colleges, pharmaceuticals, and electrical & electronic sectors are expected to favorably influence its demand. Flourishing epoxy surface coatings sector will further boost the industry revenue.

Browse Report Summery@ https://goo.gl/tB87aC

Polyaspartics concrete floor coatings industry is forecast to register a CAGR of over 7% over 2016 to 2024, driven by the mounting product use in outdoor applications as a result of its exceptional UV radiation resisting characteristics.

Henkel AG & Company KGaA, BASF SE, Sika AG, RPM International Incorporation, Epmar Corporation, PPG Industries Incorporation, Koninklijke DSM N.V., Rodda Paint Company, Vanguard Concrete Coating Incorporation, Nippon Paint Holdings Company Limited, and The Sherwin-Williams Company are the major participants of concrete floor coatings industry.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
Social Media: Google+ | LinkedIn | Twitter | Facebook

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Concrete Floor Coatings Market from Asia Pacific is forecast to experience maximum gains close to 8% CAGR by 2024 here

News-ID: 850169 • Views: 222

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for Concrete

Monitoring Concrete Curing Temperature
Using the Bestselling dataTaker DT80 Intelligent Data Logger CAS DataLoggers provided a local construction company with the data logging solution for one of their larger contracts. The customer needed to measure and monitor the curing progress of freshly-poured concrete to determine when the new structure could be loaded without causing damage to its foundations. With industry accepted concrete curing temperature methods, a newly-poured concrete structure does not reach full strength for
Concrete Utopia
Johansson Projects presents Concrete Utopia where fragments of urban life and daydreams unite the works of Rachelle Bussières and Courtney Sennish. The works lure you in through their use of color and material; comparing the softness of a sky palette to the texture of concrete. Both artists, sculpting their mediums, record different processes of perceiving, experiencing and relating to the physical world. For Bussières, the lumen print process allows her to
Concrete Cutting Sydney - Different Concrete Sawing Techniques
As an essential part of any construction process, the concrete sawing technique is used for making precise cuttings and openings through any material. Concrete cutting Sydney indicates few different concrete sawing techniques. Any moment of the construction process may require making openings for doors or windows, water pipes and electrical cables. Besides concrete, this technique is also successful for cutting any material, such as bricks or tiles, masonry and other hard
Self-leveling Concrete Market
Smooth and level concrete surfaces play an important role in installing resilient flooring in the building & construction industry. Efforts are being made in new construction projects to reduce the cost of construction. Currently, availability of cement finishers or labor is declining. Therefore, a product that can resolve the issue related to floor leveling and repair is needed. Self-leveling concrete provides a cost-effective solution to this issue. Many think self-leveling
Precast Concrete Market - Reusable Concrete Designing a Smarter Building Method
Precast Concrete is referred as the construction material prepared by pouring concrete in a pre-made mold over rebar or wire and cured offsite in a controlled area at the plant. The performed concrete products are shipped to the job site after hardening and are assembled into the desired structure. The precast concrete manufacturing plants are needed to be certified from architectural associations and government agencies. The manufacturing process of the precast
Global Dry Concrete Market 2017 Key Players -US Concrete Products, Sika Corporat …
Dry Concrete Market: WiseGuyReports.com adds “Dry Concrete Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022”reports to its database. Executive Summary Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Dry Concrete in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Dry Concrete market competition by top manufacturers, with production, price, revenue (value) and market