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    Concrete Floor Coatings Market | Covid-19 Impact Analysis

    Concrete Floor Coatings Market | Covid-19 Impact Analysis

    Concrete Floor Coatings Market | Covid-19 Impact Analysis
    Report code - SRAM565 Delivery - 2 Weeks
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    Concrete Floor Coatings Market Size, Share, Trend, Forecast, & Industry Analysis &ndas See more...
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    Impact of COVID-19 on Concrete Floor Coatings Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Concrete Floor Coatings Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Concrete Floor Coatings Market Insights

    Concrete Floor Coatings Market is likely to witness a CAGR of 6.5% during the forecast period. Growing end-use industries such as residential construction coupled with the surge in demand for commercial spaces and growing demand for protective coverings for concrete flooring, and increasing manufacturing sector in the emerging economies are the major factors driving the growth of the concrete flooring market during the forecast period.

    Concrete Floor Coatings Market - Snapshot

    Growth

    6.5% for the next five years

    Dominant Product Type

    Epoxy

    Major Component Type

    Two Component

    Largest Application Type

    Outdoor

    Major End-Use Sector Type

    Residential

    Region with the highest demand

    Asia-Pacific

    Key Players

    BASF SE, Behr Process Corporation, DAW SE, Henkel Corporation, Nippon Paint Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Sherwin-William Company, and The Valspar Corporation.

     

    Market Share Analysis

    Concrete-Floor-Coatings-Market-Dominant-Segments

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    Concrete Floor Coatings Market Share: By Product Type

    Based on the product type, the market is segmented as epoxy, polyaspartic, acrylic, polyurethane, and others. Epoxy is estimated to dominate the market during the forecast period. Factors such as its increased utilization in various construction applications, primarily because of its eco-friendly advantages, its lower cost as compared to other coatings, and high-cost benefit-ratio coupled with its green nature are expected to fuel the segment’s growth during the forecast period.

    Concrete Floor Coatings Market Share: By Component Type

    Based on the component type, the market is segmented as one component, two component, three component, and four component. The two-component segment is anticipated to witness significant growth rate in the market during the forecast period. Two component floor coatings are primarily used in the environment where corrosion protection is required as their coatings provide additional protection to the flooring from foreign partials and external forces, and also, these are majorly used in manufacturing plants, such as food & beverage, fabrication, plastic manufacturing, and assembly lines, boosting the growth of the market during the forecast period.

    Concrete Floor Coatings Market Share: By Application Type

    Based on the application type, the market is segmented as indoor and outdoor. The outdoor application is estimated to account for the major share of the market owing to growing infrastructure construction supported by government funding in the emerging economies during the forecast period. Further, growing construction activities of commercial complex and parking spaces, increasing preferences for concrete floors, change in urban lifestyle, and growing awareness about safety in commercial parking areas are some of the major factors expected to fuel the product demand over the forecast period.  

    Concrete Floor Coatings Market Share: By End-Use Sector Type

    Based on the end-use sector type, the market is segmented as residential, commercial, and industrial. The residential sector is projected to account for the major share of the market on account of rising population and rapid urbanization across the globe during the forecast period. Moreover, growing demand for concrete floor coatings because of increasing residential construction activities in developed countries such as Germany and the UK is further expected to accelerate the growth of the market during the forecast period.

    Concrete Floor Coatings Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market owing to growing manufacturing sector, rapid urbanization and industrialization in the region during the forecast period. In addition, availability of low-cost raw materials and labor in the region, increase in new commercial and industrial construction projects due to growing population are some of the other factors fueling the regional market’s growth over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Concrete-Floor-Coatings-Market-By-Region

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    Some of the key players in the concrete floor coatings market are-

    • BASF SE
    • Behr Process Corporation
    • DAW SE
    • Henkel Corporation
    • Nippon Paint Co. Ltd.
    • PPG Industries Inc.
    • RPM International Inc.
    • Sika AG
    • The Sherwin-William Company
    • The Valspar Corporation.

     

    Market Scope & Segmentation

    Concrete floor coating is basically a floor covering for basements, warehouses, manufacturing plants, etc., typically in the form of liquid or semi-liquid, which is applied to cured concrete for making the structure or surface more durable and minimize maintenance and repair costs.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Concrete Floor Coatings Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The concrete floor coatings market is segmented into the following categories.

    Concrete Floor Coatings Market Size, Share, & Forecast, by Product Type:

    • Epoxy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyaspartic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Acrylic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyurethane (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Concrete Floor Coatings Market Size, Share, & Forecast, by Component Type:

    • One Component (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Two Component (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Three Component (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Four Component (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Concrete Floor Coatings Market Size, Share, & Forecast, by Application Type:

    • Indoor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Outdoor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Concrete Floor Coatings Market Size, Share, & Forecast, by End-Use Sector Type:

    • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Concrete Floor Coatings Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Concrete-Floor-Coatings-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by end-use sector type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Concrete Floor Coatings Market in the foreseeable future?

    The concrete floor coatings market is expected to witness an impressive growth of 6.5% CAGR in the foreseeable future.

    Who are the key players in the Concrete Floor Coatings Market?

    BASF SE, Behr Process Corporation, DAW SE, Henkel Corporation, Nippon Paint Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Sherwin-William Company, and The Valspar Corporation are among the key players in the concrete floor coatings market.

    Which region is expected to be the leading region in the Concrete Floor Coatings Market?

    Asia-Pacific is expected to be the leading region in the concrete floor coatings market during the next five years.

    Which product type is expected to remain dominant in the Concrete Floor Coatings Market?

    Epoxy is expected to remain dominant in the concrete floor coatings market in the coming years.

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