Royal DSM N.V., Behr Process Corporation, PPG Industries, Inc., Nippon Paint Co. Ltd., and RPM International Inc, among others, are the major players in the global concrete floor coatings market.
The global concrete floor coatings market is projected to grow at a CAGR of 5.7% between 2023 and 2028. As per the analysis by Expert Market Research, the market is expected to be driven by the robust growth of the construction sector.
With the robust growth of the construction sector and the surging preference for concrete floorings, the demand for concrete floor coatings is growing. There is a growing inclination towards durable, resilient, crack-resistant, and cost-effective concrete floor coatings. As homeowners and industrial customers are increasingly preferring low-maintenance flooring, the demand for concrete floor coatings is significantly increasing.
Concrete flooring is extremely versatile and offers design freedom, due to which it is preferred in recreational areas, hallways, rooms, and patios, among others, hence driving the market growth. Moreover, the market for concrete floor coatings is being fuelled by increasing investments in infrastructural and commercial construction activities in both developed and developing countries.
Epoxy is increasingly preferred as a coating material for concrete floors owing to its stability and endurance. The material can cure and seal concrete and form a firm bond, which is boosting its utilisation in concrete floor coatings. Various advantages associated with epoxy, including durability, chemical resistance, easy application, water tightness, and availability in diverse designs and colours, among others, are boosting its usage as a concrete floor coating. Moreover, due to its excellent impact resistance properties, epoxy concrete coating is used in industrial applications, like logistic centres, warehouses, industrial facilities, and garages, among others.
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Royal DSM N.V. is a leading health and nutrition company that utilises bioscience to improve the quality of health of people, animals, and the environment. It also offers high-quality portfolio of innovative speciality engineering materials for the automotive, electronics, and consumer goods sectors. The company aims to develop innovative solutions and products to address environmental, social, and economical performance. In September 2022, the company acquired Prodap to expand its deep animal nutrition portfolio while reducing carbon emissions.
|Headquarters:||California, United States|
Behr Process Corporation, a subsidiary of Masco Corporation, is a prominent manufacturer of primer, paints, coatings, decorative finishes, stains, and surface preparation products. Its products can be used by both professionals and do-it-yourself users alike. Its products are exclusively sold through the stores of The Home Depot in Canada, Mexico, and the United States.
|Headquarters:||Pennsylvania, United States|
PPG Industries is a company that supplies and develops coatings, paints, and specialty materials. It supports customers in the transportation, construction, industrial, and consumer products sectors. It aims to consistently offer innovative and sustainable solutions for enabling customers to beautify and protect their surroundings and products. In September 2022, the company announced the launch of its newly formed brand, PPG VERSOLON™, for simplifying its offerings to light industrial customers.
Nippon Paint Co. Ltd. Is a leading paints and coatings company that offers innovative painting and coating solutions through its Fine Chemical business and Paints business. The company supplies its innovative solutions to consumers across the industrial, automotive, and marine sectors, among others. Through its extensive research and development, the company develops environmentally friendly technologies and products for driving global sales and cost optimisation.
|Headquarters:||Ohio, United States|
RPM International Inc. is a company that is engaged in the manufacturing and distribution of construction materials, sealants, and speciality coatings. Its products and leading brands are extensively used in various applications, ranging from infrastructure to residential spaces, among others. Its products are marketed and sold in nearly 170 territories and countries across the globe, which makes it one of the leading coatings and sealants companies in the world.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.