PUBLISHER: Market Research Future | PRODUCT CODE: 1656058
PUBLISHER: Market Research Future | PRODUCT CODE: 1656058
Report on EMEAI Resin Floor Coatings Market Research by Product Type (Epoxy, Polyurethane, Acrylic, Polyaspartic, Polymethyl Methacrylate, Others), by Technology (Water-Borne, Solvent-Borne, and Others), by Component (One-Component, Two-Component, Three-Component, and Others), Application (Concrete, Wood, Terrazzo, and Others), by Functionality, by End-use (Manufacturing & Processing, Energy, High Value Infrastructure, and Others) Forecast to 2032
At a compound annual growth rate (CAGR) of 5.8% over the course of the forecast period, the EMEAI (Europe, Middle East, Africa, and India) resin floor coatings market is expected to develop steadily from $1,945.5 million in 2023 to $3,247.7 million by 2032. Technological developments, an increase in construction projects, and the growing need for long-lasting flooring solutions across a range of industries are the main drivers of this expansion.
The EMEAI Resin Floor Coatings Market is expected to grow at a compound annual growth rate (CAGR) of 5.8% from $1,524.4 million in 2018 to $1,945.5 million in 2023 and from $2,069.9 million in 2024 to $3,247.7 million by 2032.
Resin floor coatings are synthetic resin-based protective surface layers intended to give floors smooth, long-lasting, and visually appealing finishes. Usually made of epoxy, polyurethane, acrylic, or polyaspartic resins, these coatings are put on concrete or other substrate surfaces to improve their longevity and performance.
Excellent durability, resistance to chemicals, abrasion, and moisture, as well as the capacity to tolerate high foot traffic and mechanical wear, are all attributes of resin floor coatings. They are frequently used to prevent damage to floors, enhance safety with anti-slip qualities, and provide visually appealing surfaces in a variety of colors and textures in a variety of locations, including commercial buildings, warehouses, industrial facilities, and residential areas.
Furthermore, resin floor coatings are prized for their low maintenance requirements since they offer a smooth surface that is stain-resistant and simple to clean, which makes them perfect for settings where hygienic conditions are crucial, such medical facilities, labs, and food processing facilities.
Segmenting the Market
The EMEAI resin floor coatings market is divided into three segments based on technology: water-borne, solvent-borne, and others.
The EMEAI resin floor coatings market is divided into several segments based on product type, including Epoxy, Polyurethane, Acrylic, Polyaspartic, Polymethyl Methacrylate, and Others.
The EMEAI resin floor coatings market is divided into four segments based on component: One-Component, Two-Component, Three-Component, and Others.
The EMEAI resin floor coatings market is divided into four segments based on application: wood, terrazzo, concrete, and others.
The market is divided into many segments based on functionality: Chemical Resistance Resin Floor Coating, Waterproof Resin Floor Coating, Intumescent Resin Floor Coating, and Anticorrosion Resin Floor Coating.
The EMEAI resin floor coatings market is divided into sectors based on end-use: High Value Infrastructure, Energy, Manufacturing & Processing, and Others.
PPG Industries, 3M, Silikal GmbH, Lanexis Enterprises (P) Ltd., Flowcrete Group Ltd., Nataaj Engineering, Altro Limited, Stonhard, Cipy Polyurethanes Pvt. Ltd., Jemkon Private Limited, and Sakshi Coating Pvt. Ltd. are some of the major companies in the EMEAI resin floor coatings industry.