New York, According to a new market research report published by Global Insight Services “Concrete Floor Coatings Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Concrete floor coatings are a type of flooring that is applied to concrete in order to protect it from wear and tear and to make it more attractive. There are many different types of concrete floor coatings available on the market, and they can be applied by either professional contractors or do-it-yourselfers. The most common type of concrete floor coating is a polyurethane coating, which is applied in a two-part process that involves the use of a primer and a topcoat. Other types of concrete floor coatings include epoxy coatings, which are applied in a three-part process that involves the use of a basecoat, a mid-coat, and a topcoat; and urethane coatings, which are applied in a four-part process that involves the use of a primer, a basecoat, a mid-coat, and a topcoat.
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Key Trends
There are a few key trends in concrete floor coatings technology that are worth mentioning.
First, there is a trend towards using more environmentally-friendly products. This is in response to the growing awareness of the impact that our activities have on the environment.
Second, there is a trend towards coatings that are more durable and easier to maintain. This is in response to the increasing demands of modern life and the need for products that can stand up to heavy use.
Finally, there is a trend towards coatings that are more aesthetically pleasing. This is in response to the increasing importance that people place on the look of their homes and businesses.
Key Drivers
The key drivers of the concrete floor coatings market are:
1. The need for better flooring solutions: One of the main drivers for the concrete floor coatings market is the need for better flooring solutions. With the advancement of technology and the increase in construction activity, there is a growing demand for better flooring solutions that can meet the needs of the construction industry.
2. The increase in construction activity: Another driver for the concrete floor coatings market is the increase in construction activity. With the growing population and the need for better infrastructure, there is a constant demand for construction activity. This has led to an increase in the demand for concrete floor coatings.
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Market Segments
By Floor Structure
- Concrete
- Mortar
- Terrazzo
- Wood
- Others
By End User
- Residential
- Commercial
- Industrial
By Binder Type
- Epoxy
- Acrylic
- Polyurethane
- Methyl Methacrylate
- Others
By Coating Component
- Single Component
- Double Component
- Triple Component
Key Players
The Concrete Floor Coatings Market includes players such as BASF SE, The Sherwin-Williams Company, Akzo Nobel N.V., ArmorPoxy, RPM International Inc., Axalta Coating Systems, Ltd., Sika AG, PPG Industries, Inc., 3M and The Lubrizol Corporation.
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