Key Competitors - Floor Coatings Industry

Jul, 2023 - by CMI

Key Competitors - Floor Coatings Industry

The constant movement and direct weight of people and objects, including furniture, puts a lot of strain on the floor of any structure. Because of this, there is a lot of friction on the floor, which leads to regular wear and tear and, as a result, a lot of maintenance and repairs. To protect and maintain the state of flooring, floor treatments are used. These are not only appealing but also resistant to chemicals, abrasion, and collisions. Floor coatings are readily available, affordable, and user-friendly. They effectively protect the area in which they are positioned. Customers can choose a floor coating based on the surroundings, the building, and their own needs. Rapid urbanization in rising economies like India, China, and Brazil has increased civil building activity, which encourages floor coverings in residential, commercial, and industrial sectors. Due to rapid worldwide economic development and rising populations in both developed and developing nations, major investments in the building and construction industry are predicted to enhance global Floor Coating demand.

Prominent Companies in the Floor Coatings Industry:

1. Maris Polymers

Maris Polymers was founded in 1989 and headquartered in Inofita, Greece. It operates in over 70 countries worldwide. In March 2022, Maris will add to its research and development facilities and improve its technical support.

2. Arden Endure

Arden Endure was founded in 1922 and headquartered in United States. It operates in. 

3. Key Resin Company

Key Resin Company offers industry experience and product quality to meet the demands of your flooring and coating needs. It was founded in 1993 and headquartered in Batavia, Ohio with offices in Phoenix, Arizona. It operates throughout the United States, Canada, and a number of other countries

4. 3M

3M is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. It was founded in 1902 and headquartered in Minnesota, United States. It operates in more than 70 countries.

5. Lubrizol

Lubrizol is an American provider of specialty chemicals for the transportation, industrial and consumer markets. It was founded in 1928 and headquartered in OhioUnited States. It operates in more than 100 countries. Lubrizol came up with water-based resin technology for concrete sealers in July 2022. This technology is safer and easier to use than solvent-based resins, but it works just as well. By focusing on constant innovation, it made the technology better and helped it grow. The most recent improvement is a new concrete finish made with a resin that dissolves in water. It will be on the market by the end of 2022. This new resin makes it possible to make floor coatings with less volatile organic compounds (VOCs) and no substances that are controlled because they are dangerous.

6. Tambour

Tambour is engaged in the manufacture of paint, coatings and advanced construction materials. It was founded in 1936 and headquartered in. It operates in many countries. In 2014, Singapore-based holding company, Kusto Group, acquired Tambour.

7. Asian Paints

Asian Paints is an Indian multinational paint company was founded in 1942 and headquartered in MaharashtraIndia. It operates in 15 countries. The last introduced, Apex Floor Guard by Asian Paints is a water-based, all-acrylic, cross-linking paint that makes cement and concrete floors look better and protects them better.

8. Grand Polycot’s Company Pt. Ltd

Grand Polycot’s Company Pt. Ltd specializes in the production of exclusive, high-performance, specialty coatings based on specific polymers, epoxy, and polyurethane. GP has developed from a small beginning into a mini-giant in its own right. It was founded in and headquartered in. It operates in Mumbai. In December of 2021, Grand Polycoats expanded into the Middle East.

It announced that BH Coatings WLL will be their authorized distributor in the Middle East. They represented Grand Polycoats in Bahrain, Saudi Arabia, and Kuwait for its assortment of high-performance paints and coatings. The collaboration intends to foster confidence and provide prompt service to the end user.

*Definition: Flooring is a broad term for any kind of permanent floor covering or the work of putting one down. Floor covering is an umbrella term for any material that is put on top of a floor structure to make a walking area. People use both terms equally, but floor covering usually refers to materials that aren't stuck down.

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