The North America Floor Coatings Market size was valued at USD 613.29 Million in 2022 and is projected to reach USD 970.72 Million by 2030, growing at a CAGR of 6.78% from 2023 to 2030.
Floor coatings are resilient, protective coverings that are applied in situations where significant corrosion or surface wear is anticipated. Residential, commercial, and industrial applications are among the end-use sectors. Pharmaceutical manufacturing, research and laboratory facilities, hospitals and medical offices, food manufacturing and bottling facilities, restaurants and breweries, and warehousing and distribution facilities are some of the main application areas for industrial and commercial floor coatings. The properties of floor coatings vary. Sealants and sealers are included in many items. A surface is shielded from wear and oxidation with a sealer. A sealant, on the other hand, is a semi-solid material that solidifies to stop dirt and moisture from penetrating.
Top Key Players Covered In North America Floor Coatings Market
3M, AKZO NOBEL N.V., PPG INDUSTRIES, INC., THE SHERWIN-WILLIAMS COMPANY, MBCC GROUP, DOW, FLOROCK, ASIAN PAINTS PPG PVT. LIMITED, AXALTA COATING SYSTEMS LTD, DSM, RPM INTERNATIONAL INC, THE LUBRIZOL CORPORATION, OTHER MAJOR PLAYERS
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The latest research on the Global North America Floor Coatings Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global North America Floor Coatings industry, considering all significant industry trends, market dynamics, and competitive landscape. In addition, the analysis includes critical information on the North America Floor Coatings Market status of the main market players, major trends, and future market development opportunities. These research papers are designed to help readers find information and make decisions that will help them grow their business. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Segmentation Analysis of North America Floor Coatings Market
By Technology, Water-borne segments is expected to have the maximum market share over the forecast period. Floor coatings that are water-borne solutions require a clean environment and surface. To ensure good results, the applicators need to be more precise, accurate, and clean throughout the process.
By Application, the Concrete segment accounted for the largest market share over the forecast period. Concrete is a construction material which is used in civil engineering structures for its strength and durability. For buildings, concrete enhances the aesthetics and make the building look more colourful.
By Technology
- Water-Borne
- Solvent-Borne
- Others
By Product Type
- Epoxy
- Polyurethane
- Acrylic
- Polyaspartic
- Others
By Component
- One-Component
- Two-Component
- Three-Component
- Others
By Application
- Concrete
- Wood
- Terrazzo
- Others
By End Use
- Residential
- Commercial
- Industrial
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Opportunity:
Increasing Demand For Environment-Friendly Floor Coatings
Green and environmentally friendly floor coverings are becoming more and more popular among governments and end users as environmental concerns grow. Because of the increased emphasis on environmental, health, and safety standards in floor coating application regions, end users are more likely to choose eco-friendly floor coatings. As a result, producers are choosing to use fewer volatile organic compounds (VOCs) in floor coatings and instead use solvent-free coatings in response to end consumers' demand for environmentally friendly goods. Because water is used as a diluent to disperse a resin rather than organic solvents, which are regarded as volatile organic compounds (VOCs), waterborne coatings are environmentally safe and contain less than 5% of the solvents.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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