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WILMINGTON, Del. , Sept. 15, 2022 /PRNewswire/ -- The global concrete floor coatings market is estimated to reach a value of US$ 2.2 Bn by 2031, state analysts of a study by Transparency Market Research ( TMR). This aside, the report by TMR notes that the market for concrete floor coatings is prognosticated to develop at a CAGR of 6.4% during the forecast period, from 2021 to 2031.
Major companies in the concrete floor coatings market are expected to gain sizable expansion opportunities in Asia Pacific during the forecast period. A surge in the number of commercial and residential construction projects in Asia Pacific is likely to lead to a biggest opportunity for concrete floor coatings market growth in the near future. This aside, a surge in the focus of regional government bodies on the infrastructure development activities is expected to drive the future business opportunities in concrete floor coatings market, note analysts at TMR.
Key players operating in the concrete floor coatings market are using different strategies such as collaborations, mergers, acquisitions, and partnerships in order to maintain their prominent positions. This aside, enterprises are investing heavily in the marketing of their products in order to boost their sales numbers. Furthermore, several companies in the market for concrete floor coatings are focusing on R&Ds in order to achieve product innovations. Such initiatives are prognosticated to result into the growth of the global concrete floor coatings market at substantial pace during the forecast period.
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Concrete Floor Coatings Market: Key Findings
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Concrete Floor Coatings Market: Growth Boosters
Concrete Floor Coatings Market: Key Players
Some of the key players profiled in the report are:
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Concrete Floor Coatings Market Segmentation
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Transparency Market Research, a global market research company registered at Wilmington, Delaware , United States , provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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