Floor Paints Market often contain polyurethane, alkyd (oil), epoxy, or latex-based materials and come in a variety of product varieties. Any sort of floor surface can be painted with oil, latex, or polyurethane. These are also known as binders, which produce an adhesive to keep the materials together and provide the floor coating material its elastic and shock-absorbing adhesion properties. These binders control the floor paint’s gloss level, abrasion resistance, hardness, flexibility, adhesion, drying time, and durability.
Additionally, the type of floor, such as a wooden floor or a mortar floor, affects the choice of floor paints. They are also chosen based on the number of coating components, i.e., one component, two components, or three components. One component coating, also known as 1k of floor paints, is a coating that simply vaporises when exposed to air and doesn’t need an activator, hardener, or catalyst.
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Polyurethane (one component) coating are generally used to block blistering in floor coating as it offers low thickness. Water Based (one component) polyurethane floor paints be easily applied via industrial method. It is economical, eco-friendly, and efficient for indoor application. Hence it’s the standard Floor paint. Two component or 2k Polyurethane is a type of floor paint which requires hardener, catalyzer or an activator and after it’s hardens, it shows high resistance from UV rays, weather and chemicals.
Major application of floor paints are in residential, commercial, healthcare, educational and industrial buildings and their garages.
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Increased expenditure of government on manufacturing and infrastructure facilities will surely influence Floor Paints market growth. Rise in consumer choice for better finishing ability with good chemical resistance and high mechanical strength of floor coating will definitely demand for more floor paints. Increased concern of quality, contamination, hygiene and purity of goods in food and beverage industry is one of the key drivers of floor paint market.
Epoxy is mostly preferred due to its durability in sever environment conditions and its solvent resistance & high adhesion qualities. Another trending floor paint type is Polyurethane for outdoor application as it offers protection from UV Rays and mostly used in unit of food processing, garages and warehouse.
Floor Paints Market: Key Players
- Sherwin-Williams
- PPG Industries
- Axalta Coating Systems
- Asian Paints
- Tambour
- Akzo Nobel
- BASF
- Roto Polymers
- Maris Polymers
- RPM International
- ArmorPoxy
- Milliken & Company
- Florock Polyme
Floor Paints Market: Regional Outlook
Asia pacific dominates the market of floor paints owing to accelerating growth of construction industries in china and India. Also, Indian government and government of china have emphasized on development of infrastructure in their 12th five year plan which will hugely influence market of floor paints.
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Development of infrastructure in Automobile, Educational, healthcare and gas & oil sectors in Mexico will expand the market of floor paints in North America and will bring more opportunities in coming years. PAC (growth acceleration program), a newly launched program for funding and improving public housing in Brazil will bring more sales of floor paints in south America resulting in decent market growth.
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