The North America Floor Coatings Market size was valued at USD 613.29 Million in 2021 and is projected to reach USD 970.72 Million by 2028, growing at a CAGR of 6.78% from 2022 to 2028.
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. Analyzing specs is necessary while choosing a floor coating. Chemical exposure, abrasion, impact, and heat stress are factors to take into account.
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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At the core of our study is an in-depth analysis of the North America Floor Coatings market ecosystem, where we thoroughly examine the functions and interdependencies of various market stakeholders. Through our expert utilization of trusted methodologies, including SWOT Analysis, Porter's Five Forces Analysis, and Price Trend Analysis, we offer a comprehensive understanding of both the regulatory landscape and the prevailing trends shaping the industry.
Segmentation Analysis of The NORTH AMERICA FLOOR COATINGS Market
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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Regional Analysis of North America Floor Coatings Market
Due to the expansion of the construction industry, the floor coatings market in North America is anticipated to rise strongly throughout the forecast period. Concrete flooring is becoming more and more popular because to its affordability, weatherproofness, ease of care, durability, and adaptability. Over the course of the projected period, the industry's growth is anticipated to accelerate due to its support of regional economic growth. With improved economic conditions, the residential sector is a major driver of the region's strong rise in construction across the US and Canada. For the most part of the time, favorable macroeconomic factors have supported the demand for construction services. These factors include growing disposable income, comparatively low interest rates, and easier access to finance.
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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