MarkNtel Advisors recently published a detailed industry analysis of the Global Floor Coatings Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Floor Coatings Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Floor Coatings Market size was valued at around USD 4.5 billion in 2024 and is projected to reach USD 6.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.8% during the forecast period, i.e. 2025-30.
What are the major Driver the Global Floor Coatings industry?
Increasing Renovation & Remodeling Activities – Floor coatings are in high demand since house renovation and remodeling activities have continued to go up in recent years. Households and commercial institutions consistently seek to upgrade their buildings, while priority is placed on floors that are durable, visually appealing, and easy to maintain. Because of their superior abrasive resistance, epoxy, and polyurethane coatings are extensively used in residential and commercial applications.
Government initiatives are further supporting this market growth. For instance, the Indian government’s Pradhan Mantri Awas Yojana (PMAY) aims to build around 20 million urban houses in the coming next 5 years, increasing demand for flooring solutions. Similarly, in the U.S., the Federal Housing Administration (FHA) offers renovation loans under its 203(k) program, encouraging property owners to upgrade their spaces, which drives demand for floor coatings. These government-supported housing and renovation programs are helping to fuel the floor coatings market, leading to increased sales and market growth.
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What segments define the Global Floor Coatings Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Structure
- Concrete- Market Size & Forecast 2020-2030, Thousand Tons
- Mortar- Market Size & Forecast 2020-2030, Thousand Tons
- Terrazzo- Market Size & Forecast 2020-2030, Thousand Tons
- Wood- Market Size & Forecast 2020-2030, Thousand Tons
- Others – Market Size & Forecast 2020-2030, Thousand Tons
By Binder Type
- Epoxy- Market Size & Forecast 2020-2030, Thousand Tons
- Acrylic- Market Size & Forecast 2020-2030, Thousand Tons
- Polyurethane- Market Size & Forecast 2020-2030, Thousand Tons
- Methyl Methacrylate – Market Size & Forecast 2020-2030, Thousand Tons
According to report, The epoxy binders are expected to dominate the Global Floor Coatings Market during the forecast period by holding around 30% share.
By End User
- Residential- Market Size & Forecast 2020-2030, Thousand Tons
- Industrial- Market Size & Forecast 2020-2030, Thousand Tons
- Commercial-Market Size & Forecast 2020-2030, Thousand Tons
According to report, The residential sector is anticipated to dominate the Global Floor Coatings Market with the largest share of over 40% during the forecast period.
By Coating Component
- Single Component- Market Size & Forecast 2020-2030, Thousand Tons
- Double Component- Market Size & Forecast 2020-2030, Thousand Tons
- Triple Component- Market Size & Forecast 2020-2030, Thousand Tons
Explore the Complete Global Floor Coatings Market Analysis Report – https://www.marknteladvisors.com/research-library/floor-coatings-market.html
Geographical Analysis: Global Floor Coatings Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Floor Coatings Market Share & Competitive Landscape:
The Floor Coatings Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Floor Coatings Market are:
- 3M
- Akzo Nobel N.V.
- Product Portfolio
- Axalta Coating System
- Arkema S.A.
- Asian Paints Ltd.
- Ardex Endura
- Apurva India Ltd.
- A & I Coatings
- BASF SE
- Berger Paints India Ltd.
- Cipy- Specialized Floor Coatings
- DUPONT
- Flowcrete Pvt. Ltd.
- Grand Polycoats Company Pvt. Ltd.
- Indigo Paints
The Global Floor Coatings Industry Recent Development:
2023: BASF commenced the production of its first bio-based polyol, Sovermol, at its facility in Bangalore, India. This product was developed to cater to the wider rapidly growing demand for environmentally friendly solutions across a range of applications from new energy vehicles (NEV), wind turbines, flooring, and protective industrial coatings in the Asia-Pacific region.
Questions Addressed in this Study
1.What factors are driving the Global Floor Coatings Market growth?
2.How is the Global Floor Coatings Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Floor Coatings Market?
4.What is the current size of the Global Floor Coatings Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Floor Coatings Market in terms of technological advancements and market expansion?
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