Concrete Floor Coatings Market Share

  • Report ID: 4406
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Concrete Floor Coatings Market Share

APAC Market Statistics

The concrete floor coatings in the Asia Pacific region, amongst the market in all the other regions, is projected to hold the largest market share of about 35% by the end of 2035. The regional growth can majorly be attributed to the growing construction industry. The Asia Pacific region is witnessing significant growth in the construction industry, driven by factors such as rapid urbanization, population growth, and increasing infrastructure development. According to a report, the Asia Pacific construction industry is expected to account for nearly USD 5.36 trillion by 2025. The Asia Pacific region is witnessing significant industrialization, driven by factors such as rising demand for consumer goods, increasing investments in manufacturing industries, and favorable government policies. The increasing industrialization is leading to the growth of the concrete floor coatings market, as industrial floors require coatings for enhanced durability and safety. The Asia Pacific region is witnessing increasing demand for decorative concrete floor coatings, driven by the rising middle-class population and increasing disposable incomes. There is an increasing emphasis on green building practices in the Asia Pacific region, driven by factors such as increasing environmental concerns, government regulations, and cost savings. The adoption of green building practices is leading to the growth of the market, as eco-friendly coatings are increasingly preferred.

North American Market Forecast

The concrete floor coatings in the North American region, amongst the market in all the other regions, is projected to hold the second largest share of about ~24% during the forecast period. The growth of the market in this region can primarily be attributed to the growing construction industry. The North American construction industry is witnessing significant growth, driven by factors such as population growth, increasing infrastructure development, and rising investments in the real estate sector. The North American region is witnessing increasing demand for eco-friendly coatings, driven by factors such as environmental concerns, government regulations, and increasing awareness among end-users. The North American region is witnessing significant industrialization, driven by factors such as increasing demand for consumer goods and rising investments in the manufacturing industry. The North American region is witnessing rising demand for decorative concrete floor coatings, driven by factors such as increasing disposable incomes, rising demand for aesthetically appealing interiors, and growing awareness about the benefits of decorative coatings.

Europe Market Forecast

Further, the concrete floor coatings in the Europe region, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2035. The growth of the market can be attributed majorly to the increasing construction activities. The Europe region is witnessing increasing construction activities, driven by factors such as population growth, urbanization, and increasing investments in the real estate sector. The Europe region is witnessing growing demand for green coatings, driven by factors such as increasing environmental concerns, government regulations, and growing awareness among end-users. The Europe region is witnessing increasing demand for industrial coatings, driven by factors such as increasing industrialization, rising demand for high-performance coatings, and growing investments in the manufacturing sector. The Europe region is witnessing increasing demand for decorative concrete floor coatings, driven by factors such as rising disposable incomes, growing demand for aesthetically appealing interiors, and increasing awareness about the benefits of decorative coatings.

Research Nester
Concrete Floor Coatings Market Size
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Author Credits:  Rajrani Baghel


  • Report ID: 4406
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for high-performance coatings is the major factor driving the market growth.

The market size of concrete floor coatings is anticipated to attain a CAGR of ~12% over the forecast period, i.e., 2023-2035.

The fluctuating raw material prices are estimated to be the growth-hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are AkzoNobel N.V., Sherwin-Williams Company, PPG Industries, Inc., BASF SE, RPM International Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity, and the new products being launched into the market by the company.

The market is segmented by product, application, and by region.

The residential segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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