Increasing Demand for Concrete Floor Coatings drives growth for floor coatings market at a CAGR of 6.69% during the forecast period 2023 to 2030.

Market Research Future (MRFR) has published a Half cooked research report on the “global floor coatings market” that contains the information from 2019 to 2030. The floor coatings market is estimated to register a CAGR of 6.69% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global floor coatings market— Sherwin Williams Company (US), Akzo Nobel N.V. (Netherland), Arkema Group (France), RPM International Inc (US), Sika AG (US), BASF SE (Germany), Dur-A-Flex, Inc. (US), Rust-Oleum (US), T & M Protective Coating (US) and Chemsol Polymer Industries Pvt. Ltd.  (India).

Market Highlights

The global floor coatings market is accounted for to register a CAGR of 6.69% during the forecast period and is estimated to reach USD 5,777.3 Million by 2030.

floor coatings market are specialized products applied to the surface of floors to enhance their durability, appearance, and functionality. These coatings are typically made from various materials such as epoxy, polyurethane, acrylic, or other polymers. They are commonly used in residential, commercial, and industrial settings to protect floors from wear and tear, chemicals, moisture, and stains. The floor coatings market is expected to be driven by its increasing use in the construction industry and the surging demand for concrete floor coatings. In the construction sector, floor coatings are widely used for various applications due to their durability, functionality, and aesthetic appeal. While the Concrete floor coatings are widely used for a variety of purposes due to their ability to enhance the functionality, durability, and appearance of concrete floors.

At the same time harmful effects of organic solvents used in floor coatings on environmental and human health poses as a curbing factor to the market growth. Direct skin contact with solvents can cause irritation, redness, and dermatitis. Some solvents may also have the potential to be absorbed through the skin and enter the bloodstream, leading to systemic health effects. While the surging product launches by market players coupled with government support is expected to create an opportunity for the market to flourish during the forecast period.

Segment Analysis

The global floor coatings market has been segmented based on Resin Type, component, application, End Use, and region.

The global floor coatings market segmentation, based on resin type, the global floor coatings market has been segmented into polyurethane, epoxy, polyaspartic, methyl methacrylate, and Others. In 2021, the epoxy segment drove the global floor coatings market by holding a substantial market share with a market value of USD 1,617.6 million. It is projected to register a CAGR of 6.90% during the projected timeframe.   The tensile strength of epoxy enhances the ability of concrete to withstand loads. Epoxy costing lasts for several years thus reduces the need for replacing the floor coatings, in turn making epoxy coating economical.

The global floor coatings market segmentation Based on component, the global floor coatings market has been segmented into single, double, triple, and others. In 2022, the single segment drove the global floor coatings market by holding a substantial market share with a market value of USD 1,479.3 million. It is projected to register a CAGR of 6.82% during the projected time frame Single-component floor coatings are ready to use and do not require any mixing with other components or chemicals. This simplifies the application process, making it easier and more convenient, even for non-professionals.  

The global floor coatings market segmentation Based on application, the global floor coatings market has been segmented into concrete, terrazzo, wood, and others. In 2022, the concrete segment drove the global floor coatings market by holding a substantial market share with a market value of USD 2,365.6 million. It is projected to register a CAGR of 6.79% during the projected timeframe. Concrete floor coatings significantly improve the strength and durability of the underlying concrete. They add a tough, wear-resistant barrier that can withstand heavy foot traffic, vehicle traffic, impacts, and other stresses, making the floor more resilient and long-lasting.

The global floor coatings market segmentation Based on end use, the global floor coatings market has been segmented into residential, commercial, and industrial. In 2022, the industrial segment drove the global floor coatings market by holding a substantial market share with a market value of USD 1,451.8 million. It is projected to register a CAGR of 6.75% during the projected timeframe. Safety is paramount in industrial settings. Industrial floor coatings can be formulated to provide slip resistance, even in wet or oily conditions. They can incorporate additives or textures that enhance traction and minimize the risk of slips, trips, and falls, creating a safer work environment.

Regional Analysis

By Region, the study segments the Floor coatings market into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific region is experiencing rapid economic growth, which is leading to an increase in demand for industrial and commercial floor coatings. The Asia Pacific region is also experiencing rapid urbanization, which is leading to an increase in demand for residential floor coatings mainly from China and India. Europe is anticipated to grow during the forecast period. Due to technological developments and the rising demand for construction industry in the region. North America is also very close to Europe and is expected to grow in the forecast period as the demand for end use in the residential, industrial, and commercial sector increases.

Key Findings of the Study

• The global floor coatings market is expected to reach USD 5,777.3 Million by 2030, at a CAGR of 6.69% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on resin type, the epoxy segment was attributed to holding the largest market in 2022.


• Based on components, the single segment was attributed to holding the largest market in 2022.


• Based on application, the concrete segment was attributed to holding the largest market in 2022.


• Sherwin Williams Company (US), Akzo Nobel N.V. (Netherland), Arkema Group (France), RPM International Inc (US), Sika AG (US), BASF SE (Germany), Dur-A-Flex, Inc. (US), Rust-Oleum (US), T & M Protective Coating (US) and Chemsol Polymer Industries Pvt. Ltd. (India) are the key market players.

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