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FLOOR COATINGS MARKET ANALYSIS

Floor Coatings Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI330
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Floor Coatings MarketSize and Trends

Anti-slip floor coatings are mainly used for specific zones such as ramps, pathways, and walkways. Anti-slip coatings are supplemented with the floors coatings to create an anti-slip texture. Fast drying floor coatings range from those for car parks to resin floor coatings drying tarmac, and cold room floor coatings that are best suited for such environments. Cold room floor coatings are specifically formulated to resist very low temperatures. These types of floor coatings are ideal for food industries, supermarkets, dairies laboratories, and cold storages. All the types of coatings have floor protection solutions can include anti-bacterial coatings that provide a sterile environment.

Floor Coatings Market Outlook- Asia-Pacific is expected to be the top investment pocket for key players operating in the market

Based on geographical segmentation, the global floor coatings market has been classified into North America, Europe, Latin America, Middle East, and Africa. Asia Pacific is expected to be a large market for floor coatings, owing to the booming infrastructural development especially in India and China.

According to Asian Development Bank, Asia is estimated to invest around US$ 8-9 trillion in infrastructural development by 2018. Major investments in building & construction industry is expected to be a resultant of rapid global economic development and increasing population in both developed and developing countries, which in turn is projected to boost demand for global floor coatings.

North America and Europe are also expected to register significant market growth for floor coatings attributed to rising demand among business firms, commercial buildings and educational institutions in an effort to enhance the aesthetic appeal of the interiors.

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