SAN FRANCISCO , Sept. 7, 2022 /PRNewswire/ -- The global concrete floor coating market size is expected to reach USD 7.3 billion by 2030, according to a new study by Grand View Research, Inc., expanding at a CAGR of 5.3% from 2022 to 2030. Increasing investments in green buildings across the U.S. is a key factor fueling the growth of the market.
Key Industry Insights & Findings from the report:
Asia Pacific dominated the overall market in 2021 and is expected to expand at the fastest CAGR in terms of revenue over the forecast period.
Epoxy was the largest product segment in 2021 and is anticipated to maintain its lead over the forecast period.
The indoor segment was the largest application segment in 2021 with a revenue share of more than 65.0% and is anticipated to retain its lead over the forecast period.
Read full market research report for more Industry insights, "Concrete Floor Coating Market Size, Share & Trends Analysis Report By Product (Epoxy, Polyurethanes, Polyaspartic), By Application (Outdoor, Indoor), By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.
Concrete Floor Coating Market Growth & Trends
Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. The concrete floor coatings are designed to be VOC-free and eco-friendly. This factor is expected to drive the market during the forecast period.
Powder coatings are gaining popularity since they have an advantage over other coatings, in terms of environmental regulations, given their solvent-free and VOC-free nature. This is likely to propel industry growth over the coming years. Epoxy, polyurethane, and polyaspartic are the majorly used products as concrete floor coatings in North America . Product types analyzed in the report include acrylic, epoxy, polyurethane, polyaspartic, and others. Epoxy concrete floor coatings include solids, solvent-borne, and water-based epoxy coatings. Polyurethane concrete floor coatings cover moisture-cure, solvent-borne, solids, and water-based coatings. Other product types include polyuria-based coatings.
Asia Pacific occupied the largest revenue share in 2021. A positive economic outlook and growth in the residential and non-residential construction sectors are expected to create growth opportunities for manufacturers, contractors, and service providers across Canada . However, one of the biggest threats is the uncertainty around the trade relationships with the U.S. Another potential risk is the Canadian high household debt, making households more vulnerable to an economic or interest rate shock.
Concrete Floor Coating Market Segmentation
Grand View Research has segmented the global concrete floor coating market on the basis of product, application, and region:
Concrete Floor Coating Market - Product Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
Concrete Floor Coating Market - Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
Concrete Floor Coating Market - Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
List of Key Players of Concrete Floor Coating Market
Check out more related studies published by Grand View Research:
Floor Coatings Market - The global floor coatings market size is expected to reach USD 3,901.5 million by 2025, exhibiting a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by rising demand for green buildings globally.
Coating Equipment Market - The global coating equipment market size is expected to reach USD 25.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.1% from 2022 to 2030. The industry is expected to witness significant growth on account of high application scope coupled with growing consumption from the automotive application. COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact industry growth during the forecast period.
U.S. Concrete Floor Coatings Market - The U.S. concrete floor coatings market size is anticipated to reach USD 474.02 million by 2030, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 4.9% from 2022 to 2030. The increasing demand for green buildings is expected to drive growth. Lightweight and eco-friendly materials are utilized in green buildings to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. Since an ascending number of concrete floor coatings are being designed to be VOC-free and environment-friendly, their popularity is anticipated to increase and act as a driver for the overall market.
Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Web: https://www.grandviewresearch.com Grand View Compass | Astra ESG Solutions Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/concrete-floor-coating-market-to-be-worth-7-3-billion-by-2030-grand-view-research-inc-301619116.html
SOURCE Grand View Research, Inc.
(Bloomberg) -- Russia’s wheat harvest could reach a historic 100 million tons, according to consultant SovEcon, with the commodity piling up at home as the nation struggles to export large volumes.Most Read from BloombergBank of England Says Paper Banknotes Only Good for One More WeekJapan to Restore Visa-Free Travel From Oct. 11 as Covid Pandemic Recedes South Korea President Caught on Hot Mic Insulting US CongressUnless Rents Rise, Housing Is Set Up for an Epic CrashA Great Copper Squeeze Is C
Roku (NASDAQ: ROKU) faces a challenging scenario in the near term due to supply chain disruptions and inflation. However, it has this powerful tailwind at its back over the longer term. In this video, I will highlight how this could help Roku's stock bounce higher.
At a companywide all-hands meeting this week, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) chief Sundar Pichai juggled tough questions from employees regarding cuts to travel and entertainment budgets, managing productivity, and potential layoffs. Employees questioned why Google is "nickel-and-diming employees" by cutting travel and swag budgets despite record profits and substantial cash reserves as it did after the pandemic. Pichai emphasized acting responsibly to tide through such critical sit
Workers questioned Google execs earlier this year after the company's 'Googlegeist' survey results came out.
Crypto markets are down sharply after Fed Chair Jerome Powell and JPMorgan CEO Jamie Dimon both voiced regulatory concerns earlier this week.
The comments made by CFO Richard Galanti on its conference call suggest the Fed will still be in inflation-fighting mode for the rest of the year
Indian refiners may skip buying Russia’s ESPO blend of crude oil in September, apparently due to high freight charges.
Yahoo Finance Live anchors discuss Google CEO Sundar Pichai's comments to employees at an all-hands meeting amid cost-cutting measures.
We remain bullish on the auto maker’s shares, despite its recent supply problems. Wall Street analysts seem to agree.
The blue oval brand has set itself the ambition of producing 2 million electric vehicles globally per year by the end of 2026. In 2021, the group only manufactured 27,140 electric vehicles in the United States. This means that reaching 2 million units five years later is a huge challenge even when your name is Ford, a company that has been producing and selling vehicles around the world for several decades.
During his testimony to Congress on Wednesday, JPMorgan CEO Jamie Dimon criticized cryptocurrencies like bitcoin, comparing them to Ponzi schemes.
Shares of virtually all oil and gas stocks crashed today, with even those regarded as among the "safest" oil and gas stocks plunging in value. Diversified integrated major and Warren Buffett favorite Chevron (NYSE: CVX) fell 5%, pipeline company Enterprise Products Partners (NYSE: EPD) fell 5.3%, and shale explorer and producer Diamondback Energy (NASDAQ: FANG) fell a whopping 9.5% as of 1:15 p.m. ET. All of these oil and gas-related stocks seem to be following the plunge in oil prices, as November oil futures fell 5.5% at that time to $78.90 as of this writing, similar to the first two stocks.
These are the natural gas stocks with the best value, fastest growth, and most momentum for Q4 2022.
Marko Papic, the ClockTower Group’s chief strategist, argues the real risk to oil and gasoline prices comes from Iraq amid rising tensions in the Middle East.
Sounds counterintuitive, but the largest coffee chain in the United States—the one with a long-standing reputation for being America's "third place" between home and work—has decided to transform itself into a less welcoming environment. Sure, you can still grab a cup of iced joe, a pink refresher, or a gigantic customized coffee-flavored slushy-type drink. But if there are no public bathrooms, no power outlets, and no tables or chairs—is it even a coffee shop?RELATED: Starbucks Is Abruptly Clos
While sentiment in oil markets has been decidedly bearish of late, Russia’s escalation of its war in Ukraine and the opening up of China provide major upside potential for oil
Cristiano Amon, Qualcomm CEO, talks about its automotive strategy, supply chain issues, chip production and its product roadmap. He speaks on "Bloomberg Markets: The Close."
Weakening growth and a strengthening dollar are weighing on crude prices, which are near the level they started the year.
JPMorgan Chase CEO Jamie Dimon assured lawmakers of his commitment to helping finance traditional energy sources.
Coal stocks have paused but still lead all other industries so far in 2022 — seemingly bucking analyst predictions that coal is dead.