Industrial Floor Coating Market Bound To Make an Impact In Your Business During 2018 to 2023


Posted September 25, 2019 by Rishab

Industrial Floor Coating Market Information, By Flooring Material (Concrete, Mortar, Terrazzo), By Application (Residential, Commercial, and Industrial) and Regions – Forecast 2019-2023
 
Industrial Floor Coating Global Market Overview:

Concrete floor erosion naturally occurs on unprotected Industrial Flooring Market that withstands the daily wear and tear of manufacturing, such as heavy machinery, chemical spills, impacts, and excessive heat. With time, these harsh conditions may require to replace completely the concrete floor, which can be detrimental to the budget. Eroded, rough concrete isn’t the easiest to clean either, which creates a slew of environmental and sanitation issues in a plants’ production and process areas.

Cracks and crevices in a floor caused by concrete erosion can harbor harmful bacteria, which may create problems with governing agencies that inspect the plant. These problems can be alleviated by installing a smooth and protective industrial floor coating system in the production and process areas.

Global Key Players:

BASF SE (Germany), Asian Paints PPG Pvt. Ltd. (Mumbai), PPG Industries Inc. (U.S.), 3M Company (U.S.), A&I Coatings Pty Ltd (Australia), Nora Systems, Inc. (Germany),The Dow Chemical Company (U.S.) and CPC Floor Coatings (U.S.)

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Industrial Floor Coating Global Market Segmentation:

The Industrial Floor Coating Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation on the basis of Flooring Material : Comprises Concrete, Mortar, Terrazzo, and others.

Segmentation on the basis of Application : Comprises Residential, Commercial, and Industrial and others.

Segmentation on the basis of Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

Industrial Floor Coating Market Regional Analysis:

Asia-Pacific is the fastest and largest growing nature due to rise in the number of construction activities and the increase in industrialization in emerging economies such as China and India. Moreover, offering joint-free and seamless finish to avoid cracks or crevices that harbor dust, dirt and bacteria, is another factor contributing to the market growth.

The Asia-Pacific region is projected to register the highest CAGR globally, between 2016 and 2022. India accounted for the largest market for industrial floor coating in the Asia-Pacific region, in 2015. The Indian market is projected to grow at the highest CAGR during the forecast period, whereas China accounted for the largest share in the industrial floor coating market in 2015.

Rapid industrialization in the region as well as growth in a number of commercial structures in China, Indonesia, and India is driving the growth of the Asia-Pacific industrial floor coating market.Also, there are less stringent norms and standards for safety and environmental compliance along with easy availability of cheap labor, which is attracting major players across diverse industries to set up production facilities in these countries.

North America market has seen technological advancements in commercial and educational industries. By material type, Terrazzo has gained importance owing to its significant properties such as high-durability, cost effectiveness, hygiene and easy maintenance. The product shows higher demand from schools, hospitals, commercial buildings and government buildings.

The report for Global Industrial Floor Coating Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.

The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advance Industrial flooring, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Industrial Floor Coating Market, By Material

4.1 Concrete

4.2 Mortar

4.3 Terrazzo

5 Global Industrial Floor Coating Market, By Application
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Last Updated September 25, 2019