SAN FRANCISCO , Sept. 7, 2022 /PRNewswire/ -- The global concrete floor coating market size is expected to reach USD 7.3 billion by 2030, according to a new study by Grand View Research, Inc., expanding at a CAGR of 5.3% from 2022 to 2030. Increasing investments in green buildings across the U.S. is a key factor fueling the growth of the market.

Key Industry Insights & Findings from the report:

Read full market research report for more Industry insights, "Concrete Floor Coating Market Size, Share & Trends Analysis Report By Product (Epoxy, Polyurethanes, Polyaspartic), By Application (Outdoor, Indoor), By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Concrete Floor Coating Market Growth & Trends

Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. The concrete floor coatings are designed to be VOC-free and eco-friendly. This factor is expected to drive the market during the forecast period.

Powder coatings are gaining popularity since they have an advantage over other coatings, in terms of environmental regulations, given their solvent-free and VOC-free nature. This is likely to propel industry growth over the coming years. Epoxy, polyurethane, and polyaspartic are the majorly used products as concrete floor coatings in North America . Product types analyzed in the report include acrylic, epoxy, polyurethane, polyaspartic, and others. Epoxy concrete floor coatings include solids, solvent-borne, and water-based epoxy coatings. Polyurethane concrete floor coatings cover moisture-cure, solvent-borne, solids, and water-based coatings. Other product types include polyuria-based coatings.

Asia Pacific occupied the largest revenue share in 2021. A positive economic outlook and growth in the residential and non-residential construction sectors are expected to create growth opportunities for manufacturers, contractors, and service providers across Canada . However, one of the biggest threats is the uncertainty around the trade relationships with the U.S. Another potential risk is the Canadian high household debt, making households more vulnerable to an economic or interest rate shock.

Concrete Floor Coating Market Segmentation

Grand View Research has segmented the global concrete floor coating market on the basis of product, application, and region:

Concrete Floor Coating Market - Product Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

Concrete Floor Coating Market - Application Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

Concrete Floor Coating Market - Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)

List of Key Players of Concrete Floor Coating Market

Check out more related studies published by Grand View Research:

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:  Sherry James  Corporate Sales Specialist, USA  Grand View Research, Inc.  Phone: 1-415-349-0058  Toll Free: 1-888-202-9519  Email: sales@grandviewresearch.com Web: https://www.grandviewresearch.com  Grand View Compass | Astra ESG Solutions  Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/concrete-floor-coating-market-to-be-worth-7-3-billion-by-2030-grand-view-research-inc-301619116.html

SOURCE Grand View Research, Inc.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.