Concrete floor coatings can be classified as single component, double component, triple component and others. Concrete floor coatings are available in diverse options of colors and styles and can widely be used in different applications in hotels, garages, institutions, manufacturing facilities, administrative buildings and others.
Epoxies and polyurethanes are the most commonly used polymers for concrete floor coatings. Urethanes are used for thin film to high build coatings and have excellent elastomeric properties coupled with its low permeability. Most of the urethanes used in concrete floor coatings are mixed with low VOC content solvents. Epoxy used in concrete floor coatings typically contain no solvent and is completely non-volatile.
In concrete floor coatings, various types of products and systems are used to cover the surface of concrete to protect it and improve its aesthetic look. It also helps in reduction of cracking of concrete and thereby maintenance cost. Method of application and selection of coatings depend on the application of the floor. Different floor applications uses different types of coatings.
In concrete floor coatings, the surface undergoes processes such as pre-treatment, priming and coating finishing. Concrete floor coatings can withstand high chemical & mechanical stresses, also they increase the concrete's surface strength and gives excellent texture to the surface. It also poses properties such as excellent dustproofing, abrasion resistance, glossy appearance, and hardening.
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Global Concrete Floor Coatings Market: Dynamics
Growing population and rapid industrialization has created the need for infrastructure. To satisfy the needs governments in various countries across the globe has encouraged to invest in construction and infrastructural activities which is expected to drive the global concrete floor coatings market.
Increasing use of epoxy coatings on account of its non-volatile and high abrasive properties is anticipated to fuel the growth of concrete floor coatings market in foreseeable future. Wide range of applications of concrete floor coatings in residential sector including indoor and outdoor has helped the product to ensure long-term supply.
Increasing research and development activities for advancement in the product for its efficient use is projected to bolster the demand for concrete floor coatings. Government regulations on use of VOC solvent in concrete floor coatings may hinder the growth of the market.
Global Concrete Floor Coatings Market: Regional Outlook
Asia-Pacific accounts for the prominent share of concrete floor coatings consumption and is expected to continue its dominance over forecast period with regards to rapid change in infrastructure and upcoming investments in countries such as China, India and Indonesia. Middle-East countries including Saudi Arabia and UAE accounts for the significant share in global concrete floor coatings market.
Increasing renovation and remodeling practices in the residential segment are the major factors for the demand growth in North America and European countries. Africa will show slow comparatively slow growth because of lack of technological advancements in the region.
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Global Concrete Floor Coatings Market: Key Participants
Examples of some of the market participants operating in the global Concrete Floor Coatings market are:
- Akzo Nobel
- ARDEX ENDURA
- Asian Paints
- Axalta Coating System
- BASF SE
- Behr Process Corporation
- Cameleon Coatings and Paint Manufacturers
- CBH Coatings
- DAW SE
- Durall Floor Coatings
- Elite Crete Systems
- Epmar Corporation
- Henkel Adhesives
- Kansai Paint Co.
- Legacy Industrial
- MClean Flooring Solutions
- Medal Paints
- Nippon Paint
- PPG Industries
- RPM International, Inc.
- Sika Corporation
- Tennant Coatings
- The Sherwin-William Company
- Stonhard Group
- Valspar Corporation
- United Gilsonite Laboratories (UGL)
- Watco Group
- Wagon Paints
- Other Manufacturers
The Concrete Floor Coatings market research report presents a comprehensive assessment of the Concrete Floor Coatings market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The Concrete Floor Coatings market research report provides analysis and information according to Concrete Floor Coatings market segments such as geographies, application and industry.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Concrete Floor Coatings Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
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The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Concrete Floor Coatings market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Concrete Floor Coatings market segments and geographies.
Global Concrete Floor Coatings Market: Segmentation
The global concrete floor coatings market can be segmented on the basis of its product, component and its application.
The global concrete floor coatings market is segmented on the basis of its product:
- Polymethyl Methacrylate (PMMA)
The global concrete floor coatings market is segmented on the basis of its component:
- Single Component (1K)
- Double Component (2K)
- Triple Component (3K)
The global concrete floor coatings market is segmented on the basis of its application:
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The post Concrete Floor Coatings Market to Witness a Pronounce Growth During 2022-2030 | Akzo Nobel, ARDEX ENDURA, Asian Paints, Axalta Coating System appeared first on Future Market Insights.
Original Source of the original story >> Concrete Floor Coatings Market to Witness a Pronounce Growth During 2022-2030 | Akzo Nobel, ARDEX ENDURA, Asian Paints, Axalta Coating System
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