Reports
Global Floor Coatings Market: By Binder Type: Epoxy, Thermoplastic, Thermoset, Others; By Component Type: One-Component (1k), Two-Component (2k), Three-Component (3k); By Floor Structure; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Floor Coatings Market Outlook
The global floor coatings market attained a value of nearly USD 2686 million in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 7.1%.
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The market is being propelled forward due to the rising construction activities and increasing applications of coatings in the industrial, commercial, and residential sectors. The Asia Pacific is currently dominating the market due to the rising demand for floor coatings in the region.
Properties and Applications
The floor coatings market can be broadly categorised based on:
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- Binder Type
- Epoxy
- Thermoplastic
- Thermoset
- Others
- Coating Component
- One-Component (1k)
- Two-Component (2k)
- Three-Component (3k)
- Floor Structure
- Wood
- Terrazzo
- Mortar
- Others
- End Use
- Residential
- Commercial
- Industrial
The EMR report looks into the regional floor coatings markets like North America, the Middle East and Africa, Latin America, Europe, and the Asia Pacific.
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Market Analysis
The global floor coatings market is being driven by the rising expenditure on construction activities, globally. The one-component (1k) segment, among other coating components, is growing at a faster rate due to the growth in the residential sector and development in infrastructure, including indoor playing grounds and walkways. The growth in the food industry and chemical processing, along with rapid industrialisation and rising manufacturing industries are factors driving the growth in demand for floor coatings in the industrial segment. Epoxy is the binder type that is anticipated to dominate the industry over the forecast period due to its high adoption in industrial and commercial applications. The Asia Pacific leads the industry, followed by Europe, as a result of increasing demand for floor coatings in the residential, commercial, and industrial sectors in the region. Moreover, growing demand for green buildings in emerging economies such as India, China, and New Zealand is providing further impetus to the industry. However, the availability of substitutes, such as tiles, carpet, and bamboo flooring, may hinder the growth of the industry in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global floor coatings market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BASF SE (ETR: BAS)
- Akzo Nobel N.V. (AMS: AKZA)
- Dow Chemical Company (NYSE: DD)
- Arkema Group
- Maris Polymers
- Nora Systems GmbH
The EMR report gives an in-depth insight into the global floor coatings market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Binder Type, Component Type, Floor Structure, End Use, Region |
| Breakup by Binder Type | Epoxy, Thermoplastic, Thermoset, Others |
| Breakup by Component Type | One-Component (1k), Two-Component (2k), Three-Component (3k) |
| Breakup by Floor Structure | Wood, Terrazzo, Mortar, Others |
| Breakup by End Use | Residential, Commercial, Industrial |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BASF SE (ETR: BAS), Akzo Nobel N.V. (AMS: AKZA), Dow Chemical Company (NYSE: DD), Arkema Group, Maris Polymers, Nora Systems GmbH, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Floor Coatings Market Analysis
8.1 Key Industry Highlights
8.2 Global Floor Coatings Historical Market (2018-2022)
8.3 Global Floor Coatings Market Forecast (2023-2028)
8.4 Global Floor Coatings Market by Binder Type
8.4.1 Epoxy
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Thermoplastic
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Thermoset
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Floor Coatings Market by Component Type
8.5.1 One-Component (1k)
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Two-Component (2k)
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Three-Component (3k)
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.6 Global Floor Coatings Market by Floor Structure
8.6.1 Wood
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Terrazzo
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Mortar
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Floor Coatings Market by End Use
8.7.1 Residential
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Commercial
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Industrial
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.8 Global Floor Coatings Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Floor Coatings Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Floor Coatings Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Floor Coatings Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Floor Coatings Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Floor Coatings Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BASF SE
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Akzo Nobel N.V.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Dow Chemical Company
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Nora systems GmbH
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Arkema Group
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Maris Polymers S.M.S.A.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.3.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Floor Coatings Market: Key Industry Highlights, 2018 and 2028
2. Global Floor Coatings Historical Market: Breakup by Binder Type (USD Million), 2018-2022
3. Global Floor Coatings Market Forecast: Breakup by Binder Type (USD Million), 2023-2028
4. Global Floor Coatings Historical Market: Breakup by Component Type (USD Million), 2018-2022
5. Global Floor Coatings Market Forecast: Breakup by Component Type (USD Million), 2023-2028
6. Global Floor Coatings Historical Market: Breakup by Floor Structure (USD Million), 2018-2022
7. Global Floor Coatings Market Forecast: Breakup by Floor Structure (USD Million), 2023-2028
8. Global Floor Coatings Historical Market: Breakup by End Use (USD Million), 2018-2022
9. Global Floor Coatings Market Forecast: Breakup by End Use (USD Million), 2023-2028
10. Global Floor Coatings Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Floor Coatings Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Floor Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Floor Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Floor Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Floor Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Floor Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Floor Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Floor Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Floor Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Floor Coatings Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Floor Coatings Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Floor Coatings Market Structure
Key Questions Answered in the Report
In 2020, the global floor coatings market attained a value of nearly USD 2686 million.
The market is projected to grow at a CAGR of 7.1% between 2023 and 2028.
The major drivers of the market include the rising expenditure on construction activities, increasing growth in the food industry and chemical processing, rapid industrialisation, rising manufacturing industries, and growing demand for green buildings.
Rising construction activities and increasing applications of coatings in the industrial, commercial, and residential sectors are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Epoxy, thermoplastic, and thermoset, among others are the binder types in the market.
Based on component type, the market is divided into one-component (1k), two-component (2k), and three-component (3k).
On the basis of floor structure, the market is divided into wood, terrazzo, and mortar, among others.
The end-use of the market includes residential, commercial, and industrial.
The major players in the industry are BASF SE, Akzo Nobel N.V., Dow Chemical Company, Arkema Group, Maris Polymers S.M.S.A., and Nora Systems GmbH, among others.
Analyst Review
The global floor coatings market attained a value of nearly USD 2686 million in 2020, driven by the increasing applications of coatings in the industrial, commercial, and residential sectors. Aided by rising expenditure on construction activities and rapid industrialisation, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 7.1%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Epoxy, thermoplastic, and thermoset, among others are the binder types in the market. Based on component type, the market is divided into one-component (1k), two-component (2k), and three-component (3k). On the basis of the floor structure, the market is divided into wood, terrazzo, and mortar, among others. The end-use of the market includes residential, commercial, and industrial. The major regional markets for floor coatings market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are BASF SE, Akzo Nobel N.V., Dow Chemical Company, Arkema Group, Maris Polymers S.M.S.A., and Nora Systems GmbH, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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