North America concrete floor coatings market to reach us6.8 mnPosted by Yogesh TMR on April 20th, 2021 Transparency Market Research has released a new market report titled “Concrete Floor Coatings Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the north america concrete floor coatings market was valued at US5.0 mn in 2014 and is expected to reach US6.8 mn by 2023, expanding at a CAGR of 6.0% from 2015 to 2023. Browse the full Concrete Floor Coatings (Epoxy, Polyaspartics, and Others) Market for Outdoor and Indoor Applications - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Concrete floor coatings play a pivotal role in protecting concrete floors in various construction applications. These coatings are extensively used across the globe to protect concrete floors from abrasion, chemical attacks, and thermal shock. Demand for concrete floor coatings in North America is primarily driven by recovering construction industry and increasing awareness regarding importance of floor coatings. Furthermore, implementation of the National Infrastructure Plan by the Government of Mexico is anticipated to boost demand for concrete floor coatings in Mexico during the forecast period. These factors are expected to be chiefly fuel the concrete floor coatings market in the near future. Volatility in supply and price of raw materials used in the production of concrete floor coatings is expected to be a key challenge for market participants. Request a Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8071 In terms of demand, epoxy-based concrete floor coatings was the dominant product segment in North America, accounting for over 55% share in 2014. Demand for epoxy-based concrete floor coatings is expected to witness robust growth in the near future, particularly in Mexico, due to its easy availability and low cost. Rapid curing rate, better wear and tear resistance, and better UV protection and high abrasion resistance offered by polyaspartic coatings are expected to be primary factors fueling demand for polyaspartic-based concrete floor coatings. These properties are anticipated to primarily propel the concrete floor coatings market in the next few years.
Major participants in the concrete floor coatings industry include BASF SE, Sherwin-Williams, RPM International Inc., The Valspar Corporation, and PPG Industries. Concrete Floor Coatings Market – Product Segment Analysis
Concrete Floor Coatings Market – Application Segment Analysis
Concrete Floor Coatings Market – Regional Analysis
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