Global Concrete Floor Coatings market size 2024, Forecast To 2033
29 Jan, 2024
The concrete floor coatings market has demonstrated strong growth, increasing from $1.63 billion in 2023 to $1.77 billion in 2024, with a compound annual growth rate (CAGR) of 8.9%. This growth in the historic period is attributed to the rise in commercial construction projects, growth in design trends and aesthetics, increased demand for maintenance and durability, heightened environmental and sustainability concerns, and the growing need for renovation and replacement. In the coming years, the market is expected to witness strong growth, reaching $2.49 billion in 2028, with a CAGR of 8.9%. Factors contributing to this growth include circular economy practices, emerging market demand, the need for resilient and low-maintenance flooring, safety and slip resistance requirements, and the expanding real estate sector. Major trends in the forecast period include innovation in flooring materials, advanced flooring installation methods, technological advancements, innovative solutions, and strategic collaborations.
Global Concrete Floor Coatings Market Key Driver
The concrete floor coating market anticipates growth with the rise in building, construction, and renovation projects. The value of construction spending in the US increased to $1,589 billion in 2021, emphasizing the market's potential. The surge in building projects drives the concrete floor coating market.
Get A Free Sample Of The Global Concrete Floor Coatings Market ReportGlobal Concrete Floor Coatings Market Segments
The global concrete floor coatings market covered in this report is segmented –
1) By Products: Epoxy, Polyaspartic, Acrylic, Polyurethane, Other Products
2) By Component: One-component, Two-component, Three-component, Four-component
3) By Application: Outdoor, Indoor
4) By End-Use Sector: Residential, Commercial, Industrial
By Geography: The regions covered in the Concrete Floor Coatings market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Major Concrete Floor Coatings Industry Players
Sika AG, AkzoNobel N.V., ARCAT Inc., Ardex GmbH, Armor Rock Concrete Floor Coatings Inc, BASF SE, Citadel Contractors, CPC Floor Coatings, DAW SE, Koninklijke DSM N.V., Elite Crete Systems, Hempel A/S, Henkel Corporation, Liquid Floor Inc., Nippon Paint Co. Ltd., PPG Industries Inc., Rodda Paint Co., Royal DSM N.V., RPM International Inc, Stonhard Inc., Teknos Group, Tennant Coatings, The Sherwin-Williams Company, The Valspar Corporation, United Gilsonite Laboratories, Vanguard Concrete Coating, Watco Industrial Flooring, Zeraus Products Inc., Behr Paint Company, Benjamin Moore & Co., SP Concare Pvt Ltd, Cornerstone Specialty Wood Products, LLC
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Concrete Floor Coatings Market Overview
The concrete floor coating refer to semi-liquid or liquid materials used for improving the aesthetics and protection of the floor. Concrete floor coatings are applied to cured concrete to make the surface or structure strong and reduce repair and maintenance costs. It also offers a smoother and more slip-resistant surface, which is easier to maintain.
Concrete Floor Coatings Global Market Report 2023 provides data on the global concrete floor coatings market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The concrete floor coatings market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.