Rising demand for coatings as a protective medium in the flooring sector is projected to remain as a favorable factor.
Concrete floor coating market.
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9 2020 prnewswire based on global market insights inc report the concrete floor coatings market was estimated at 1 41 billion in 2019 and is slated to exceed 1.
The increased demand for floor coatings from different coating industries and end users resulted in the growth of the floor coatings market.
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The global concrete floor coatings market was valued at us xx x mn in 2018 and is projected to increase significantly at a cagr of x x from 2019 to 2028.
Concrete floor coatings market scope.
Concrete floor coatings market size was valued at usd 298 2 million in 2019 and is projected to register a revenue based cagr of 7 0 over the forecast period.
A concrete floor coating can be many different types of materials.
A binder is a substance that holds or draws other materials together to form an adhesive providing a strong elastic adhesion and shock absorbent property for floor coating materials.
There s epoxies stains sealers polyaspartics and overlays just to name a few.
The global concrete floor coatings market is segmented on the basis of type application and geography.
The study provides historic data of 2014 along with a forecast from 2014 to 2020 based on both volumes kilo tons and revenue usd million.
It s non toxic doesn t reek of toxic fumes and it s a great way to brighten up an indoor concrete surface while protecting it from.
The global concrete floor coatings market is expected to cross us 1 25 billion mark by the end of 2024 growing at an exciting cagr of more than 6 0 from 2018 to 2024.
Below i ll briefly go over some of the more popular floor coatings and have a link to more in depth information if you want to learn more about each one.
Rising construction industry and increasing use of coatings in commercial industrial and residential applications are factors favoring the market growth.
The global floor coatings market size was estimated at usd 2 490 2 million in 2018 and is expected to ascend at a cagr of 6 6 over the forecast period.