The report "Global Floor Coating Market By Product Type (Epoxy, Polyaspartics, Acrylic, Polyurethane, and Other Product Types), By Floor Material (Wood, Concrete, and Other Floor Materials (Stone, Granite, Tiles)), By Coatings Component (One-component (1K), Two-component (2K), Three-component (3K), and Other Components (4K, 5K, etc.)), By End-user (Residential, commercial, and industrial), and Region - Global Forecast to 2029" Global Floor Coating market is projected to grow from US$ $7.8 billion in 2019 to US$ XX billion by 2029. Growing population and economic stability in several countries influenced people for commercial, public, and residential building such factor anticipated to boost the global Floor Coating market. Also, the rising urban population is anticipated to foster the demand for residential building such factor boost global market in future. For instance, according to UN Org Nowadays, 55% of the world's population lives in urban areas, and it is expected to increase to 68% by 2050. Furthermore, the factor such as rising disposable income boosting people to invest more for well residential structures may drive the global construction chemical market growth.
Key Market Insights from the report:
The global Floor Coating market accounted for US$ XX billion in 2019 and is projected to register a moderate CAGR of XX% over the forecast period. The market report has been segmented based on by product, by floor material, by coatings component and end-users and region.
• by-product type the Floor Coating market classified into epoxy, polyaspartics, acrylic, polyurethane, and other product types
• by floor material the Floor Coating market classified into the wood, concrete, and other floor materials (stone, granite, tiles)
• by coatings component the Floor Coating market classified into one-component (1k), two-component (2k), three-component (3k), and other components (4k, 5k, etc.)
• by end-user, the Floor Coating market classified into residential, commercial, and industrial
• By region, The Asia Pacific expected to dominate the target market. Owing to the rising population, an increase in middle-class incomes, and urbanization. China dominates the regional market for Floor Coating globally due to higher production for construction chemical.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Floor Coating Market By Product Type (Epoxy, Polyaspartics, Acrylic, Polyurethane, and Other Product Types), By Floor Material (Wood, Concrete, and Other Floor Materials (Stone, Granite, Tiles)), By Coatings Component (One-component (1K), Two-component (2K), Three-component (3K), and Other Components (4K, 5K, etc.)), By End-user (Residential, commercial, and industrial), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2029
• In September 2016 BASF to acquire Henkel's professional Western European building material business, this transaction, which will bring BASF Thomsit and the Ceresit flooring, tiling and waterproofing business of Henkel, Also help to strengthen its portfolio in construction chemicals.
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The prominent player operating in the global Floor Coating market includes kzo Nobel NV, ArmorPoxy, Asian Paints, BASF SE, Epoxy-Coat, Henkel AG & Co. KGaA, Jotun, Kansai Nerolac Paints Limited, LATICRETE International Inc., and Mapei. The major player in the market is focusing on merger and acquisition strategy.
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