Floor coatings market is expected to register its growth at a rate of 6.33% for the forecast period of 2028.

Industry Analysis

Data Bridge Market Research report on floor coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Floor coating have various desirable properties such as anti-static, waterproof, anti-vibration, and anti-skid. They help to protect the concrete surfaces onto which they are applied and are responsible for extending the life of the underlying concrete floors.

The long shelf life of the floor coatings along with providing decorative aspects is expected to augment market growth in the forecast period of 2021 to 2028. The rise in the construction industry and increasing use of coatings in commercial, industrial, and residential applications as well as the high investment in building and construction are also expected to be as the major factors leading to the growth of the floor coatings market. The major factor accountable for the growth of the market is the rise in construction activities. In addition, the high demand for floor coating from food industry, rapid urbanization and industrialization along with the high product demand from residential, commercial and industrial sectors are projected to create lucrative opportunities in the above mentioned forecast period.

Global Floor Coatings Market Scope and Market Size

Floor coatings market is segmented on the basis of binder type, coating component, floor structure, formulation and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of binder type, the floor coatings market is segmented into 

·       epoxy,

·       thermoplastic,

·       thermoset,

·       acrylic,

·       polyaspartic,

·       polyurethane,

·       polymethyl methacrylate

·       Others.

Based on coating component, the floor coatings market is segmented into

·       One-component,

·       Two-component

·       Three-component.

Based on floor structure, the floor coatings market is segmented into

·       wood,

·       terrazzo,

·       mortar,

·       Others.

On the basis of formulation, the floor coatings market is segmented into

·       Solvent-based,

·       Water-based

·       Others.

On the basis of end user, the floor coatings market is segmented into

·       residential,

·       commercial

·       Industrial.

Residential has further been segmented into

·       indoor

·       Outdoor.

Commercial has further been segmented into

·       garage,

·    &