Global Industrial Floor Coatings Market 2018-2022

The global industrial floor coatings market size will grow by USD 1.42 billion during 2018-2022. This report offers an analysis of the market based on end-user industry (manufacturing, food processing, aviation and transportation, and warehousing) and geography (the Americas, APAC, and EMEA). The industrial floor coatings market research report further analyzes the market’s competitive landscape and offers information on several companies including Akzo Nobel, BASF, PPG Industries, RPM International, The Sherwin-Williams Company, and 3M.

Below are some of the key findings from the industrial floor coatings market research report

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Global Industrial Floor Coatings Industry Overview

The growing demand for epoxy-based industrial floor coatings is one of the major factors driving the industrial floor coatings market growth over the last few years. Industry experts have identified that the ability of epoxy-based industrial flooring to offer highly attractive flooring surfaces that not only provide high gloss shine to industrial floors but are also available in a wide range of styles and colors to suit the ambiance of industries, has been pivotal in defining the growth of the global market. Moreover, the characteristics of epoxy-based coating to provide enhanced safety as an anti-slip surface and as a fire and heat resistant solution has proved to be an added advantage in propelling the market growth. These benefits make epoxy floor coatings ideal for industrial floors, and their heavy demand will drive the industrial floor coatings market over the next few years.

The adoption of advanced technology to develop solvent-free coatings is one of the crucial upcoming industrial floor coatings market trends. Solvent-free coatings are environment-friendly, and offer benefits including consistent finish, greater film thickness, minimal drying time, and no odor during application. The designing of solvent-free industrial coatings has led to the growing adoption of novel technologies like high molar volume technology. This technology includes innovative polymer design comprising higher volume per mass than that of conventional high molecular weight agents. This higher volume of pigment leads to thicker adsorbed layers and more stable pigment dispersions. The industrial floor coatings market forecast report predicts that fueled by these factors, the market will grow at a CAGR of over 5% during the forecast period.

Top industrial floor coatings companies covered in this market research report

The industrial floor coatings market is highly fragmented and in the growth phase. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this industrial floor coatings industry analysis report will aid clients to identify and design new growth strategies.

The report offers a complete analysis of various companies including:

• Akzo Nobel
• BASF
• PPG Industries
• RPM International
• The Sherwin-Williams Company
• 3M

Industrial floor coatings market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global industrial floor coatings market analysis reveals that the APAC region will lead the industrial floor coatings market share during the forecast period. APAC will also account for the highest industrial floor coatings market growth throughout the forecast period.

Industrial floor coatings market segmentation based on end-user industry

• Manufacturing
• Food processing
• Aviation and transportation
• Warehousing

The food processing industry will account for the largest industrial floor coatings market share during the forecast period. Whereas, the manufacturing industry will account for the highest industrial floor coatings market growth. Additionally, the report also provides an accurate prediction of the contribution of the various end-user industries to the growth of the industrial floor coatings market size.

Key highlights of the global industrial floor coatings market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the industrial floor coatings market during the next five years
• Precise estimation of the global industrial floor coatings market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the industrial floor coatings industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of industrial floor coatings companies

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