EMEAI Resin Floor Coatings Market Research Report Information By Technology (Water-borne, Solvent-borne, Others), By Product Type (Epoxy, Polyurethane, Acrylic, Polyaspartic, Polymethyl Methacrylate, Others), By Component (One-Component, Two-Component, Three-Component, Others), By Application (Concrete, Wood, Terrazzo, Others), By Functionality (Intumescent Resin Floor Coating, Anticorrosion Resin Floor Coating, Waterproof Resin Floor Coating, Chemical Resistance Resin Floor Coating, Others), By End-Use (Manufacturing & Processing, Energy,

Global EMEAI Resin Floor Coatings Market Overview

EMEAI Resin Floor Coatings Market Size was valued at USD 1,945.5 million in 2023. The EMEAI Resin Floor Coatings Market industry is projected to grow from USD 2,069.9 million in 2024 to USD 3,247.7 million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.8% during the forecast period (2024 - 2032). The EMEAI Resin Floor Coatings Market is experiencing significant growth, largely driven by increasing demand for epoxy floor coatings as a durable and safe solution for industrial and commercial flooring. Industrial Floorings are a basic piece of workday profitability and safety. You might need to consider a different ground surface choice for your facility and its latent impact. One of these alternatives is an epoxy floor covering. Epoxy is a material that performs the jobs of a sealant for concrete floors. Epoxy floor coating can be utilized on floors for commercial structures, walkways, even on dividers or roofs, and most regularly in garage floors. Epoxy coatings are typically applied over concrete floors to give an elite, smooth, and sturdy surface that can last for many years and withstand heavy loads. Numerous facilities that have just encountered the advantages of epoxy flooring are commercial or industrial structures, for example, manufacturing plants, distribution centers, pharmaceutical buildings, food or beverage plants, and even labs.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

EMEAI Resin Floor Coatings Market Trends

RAPID INDUSTRIALIZATION AND URBANIZATION PROPELS RESIN COATING DEMAND IN INDIA

India's resin floor coatings market is witnessing substantial growth, primarily driven by rapid industrialization, urbanization, and expanding infrastructure investments. Several macroeconomic, demographic, and sector-specific factors are contributing to the burgeoning demand for resin floor coatings across various applications, including industrial, commercial, and residential spaces. This analysis consolidates the key drivers that are shaping the growth trajectory of the resin floor coatings market in India.

• Rapid Urbanization and Demographic Shifts

India is undergoing an unprecedented urban transformation. The urban population is projected to increase to 600 million by 2036, according to the World Bank. By 2036, 40% of India’s population is expected to reside in urban areas, up from 31% in 2011. This significant demographic shift is accelerating the demand for robust urban infrastructure, including durable flooring solutions. Resin floor coatings, known for their durability, low maintenance, and superior performance, are increasingly favored in high-traffic urban areas such as factories, warehouses, retail spaces, and public buildings.

The expansion of urban centers is accompanied by a shift in economic activities. Urban areas will contribute nearly 70% of India's GDP, underscoring the critical role cities play in driving economic growth. As India aspires to become a developed nation by 2047, the government is prioritizing investments in urban infrastructure to create climate-resilient, inclusive, and economically vibrant cities. Given that nearly 70% of the urban infrastructure needed by 2047 is yet to be built, there is a substantial opportunity for resin floor coatings in new construction and refurbishment projects.

• Growing Industrial Sector and Infrastructure Development

The manufacturing sector, a cornerstone of India's economic strategy, reported a 7.1% increase in output in 2023, according to the Ministry of Statistics and Programme Implementation (MoSPI). The sector's expansion is supported by government initiatives like the ‘Make in India’ program, which promotes domestic manufacturing and infrastructure development. These initiatives are driving the demand for high-performance flooring solutions, particularly in industrial settings where durability and low maintenance are paramount.

India's real estate market is poised for remarkable growth, with projections indicating that the sector will grow to Rs. 65,000 crore (US$ 9.30 billion) by 2040, up from Rs. 12,000 crore (US$ 1.72 billion) in 2019. The real estate sector, which includes retail, hospitality, and commercial spaces, is expected to reach US$ 1 trillion by 2030 and contribute 13% to GDP by 2025. This expansion presents a significant opportunity for resin floor coatings, especially in commercial and residential properties where aesthetics, performance, and longevity are critical factors.

EPOXY FLOOR COATINGS AS A DURABLE AND SAFE SOLUTION FOR INDUSTRIAL AND COMMERCIAL FLOORING

Industrial Floorings are a basic piece of workday profitability and safety. You might need to consider a different ground surface choice for your facility and its latent impact. One of these alternatives is an epoxy floor covering. Epoxy is a material that performs the jobs of a sealant for concrete floors. Epoxy floor coating can be utilized on floors for commercial structures, walkways, even on dividers or roofs, and most regularly in garage floors.

Epoxy coatings are typically applied over concrete floors to give an elite, smooth, and sturdy surface that can last for many years and withstand heavy loads. Numerous facilities that have just encountered the advantages of epoxy flooring are commercial or industrial structures, for example, manufacturing plants, distribution centers, pharmaceutical buildings, food or beverage plants, and even labs. If you are still undecided about Epoxy floor covering, we have compiled a handy guide for you.

Benefits of Epoxy Floor Coating:

Durability: At the point when epoxy cures, it turns out to be extremely strong and hard. Epoxy paint has such high toughness that it is frequently utilized as a concrete floor paint to be rolled over by forklifts and substantial machines, while as yet going on for a considerable length of time of such use.

There aren’t many coatings that could survive after taking so many beatings for even a couple of days. Epoxy paint for floor is a very impact-resistant surface, which means it won’t break, fracture, or split if things are dropped or rolled over the surface. Because of this quality, epoxy paint is normally utilized in distribution centers, garages, and auto repair shops.

Slip Resistant: Most epoxy paint is slip-resistant in any event, when wet or slick. Using a water-based, two-section acrylic epoxy system, epoxy paint can give a protected, slip-safe surface.

On the off chance that the zone is one of substantial traffic, you might need to consider utilizing a non-slip epoxy covering, which gives a textured surface for an additional degree of protection, that surpasses UL (Underwriters Laboratories) and ASTM (American Society for Testing and Materials) necessities. The extra textured surface is ordinarily utilized for stages, slopes, machine shops, and marinas.

Fire Resistant: Most epoxy paint for the floor is fire-resistant or impervious to fire. They can resist heat up to 200 degrees Celsius or around 390 degrees Fahrenheit. To be certain the epoxy paint you are utilizing is heatproof, check the item label. Because of the imperviousness to fire of epoxy paint, it is normally utilized in fire escapes, commercial aircraft items, and explosives creation and storage zones.

Water Resistant: At the point when dry, epoxy paint gives a seal that shields the solid from hidden groundwater and from any water or fluid that gets spilt on the ground. Epoxy paint is likewise impervious to chemical spills. The synthetic compounds won’t get drenched into the paint, making for simple cleanup.

Cleanliness: Since it is hard, epoxy is additionally simple to clean. Much like glass, it is smooth enough that most materials will fall off effectively, and it is stain-safe since nothing can truly be absorbed in.

In almost any setting it is essential to have the option to clean surfaces effectively and completely, and epoxy paint is about as cleanable as floor coatings can get, it doesn’t matter if the mess is from oil in a Texas petroleum treatment facility or eggs on a supermarket floor.

EMEAI Resin Floor Coatings Market Insights

EMEAI Resin Floor Coatings Market by Technology

The EMEAI resin floor coatings market segmentation, based on technology the market has been segmented as Water-borne, Solvent-borne, and Others. In 2023, the Water-borne segment generated the market revenue share of 60.78% and is expected to experience a CAGR of 6.2% in the forecast period. Water-borne resin floor coatings are an increasingly popular choice due to their environmentally friendly characteristics and ease of application. These coatings utilize water as the primary solvent, significantly reducing the levels of volatile organic compounds (VOCs) compared to traditional solvent-borne systems. This not only makes them safer for indoor air quality but also aligns with global sustainability initiatives aimed at reducing environmental impact.

EMEAI Resin Floor Coatings Market by Product Type Insights

The EMEAI resin floor coatings market segmentation, based on product type the market has been segmented as Epoxy, Polyurethane, Acrylic, Polyaspartic, Polymethyl Methacrylate, and Others. In 2023, the Epoxy segment generated the market revenue share of 30.17% and is expected to experience a CAGR of 6.8% in the forecast period. Epoxy resin coatings are renowned for their exceptional durability and strong adhesive properties, making them a popular choice for industrial and commercial flooring applications. Composed of a two-part system—resin and hardener—epoxy creates a chemical reaction that results in a robust and long-lasting surface. These coatings are highly resistant to chemicals, abrasion, and impact, making them ideal for environments such as warehouses, factories, and automotive shops. Their seamless finish reduces the likelihood of dirt and bacteria accumulation, promoting a cleaner and safer workspace.

EMEAI Resin Floor Coatings Market by Component

Based on component, the EMEAI resin floor coatings market is segmented into One-Component, Two-Component, Three-Component, and Others. In 2023, the two-component segment held the largest market revenue share of 54.04% and is expected to grow at a CAGR of 5.8% in the projected period. Two-component resin floor coatings consist of a resin and a hardener that must be mixed together before application. This combination initiates a chemical reaction that results in a durable, high-performance coating. The most common examples of two-component systems are epoxy and polyurethane coatings, both of which are widely used in industrial, commercial, and high-demand residential environments. The key advantage of two-component systems is their superior performance characteristics, including exceptional chemical resistance, mechanical strength, and long-lasting durability. This makes them suitable for environments exposed to heavy traffic, machinery, chemicals, and other challenging conditions.

EMEAI Resin Floor Coatings Market by Application

Based on application, the EMEAI resin floor coatings market is segmented into Concrete, Wood, Terrazzo, and Others. In 2023, the Concrete segment held the largest market revenue share of 54.88% and is expected to grow at a CAGR of 5.8% in the projected period. Concrete is one of the most common substrates for resin floor coatings due to its widespread use in industrial, commercial, and residential settings. Concrete floors are valued for their strength, durability, and cost-effectiveness, but they can be porous and prone to dusting, staining, and wear over time. Applying a resin floor coating to concrete enhances its durability, providing a seamless, protective layer that resists chemical spills, abrasions, and heavy traffic. Epoxy and polyurethane coatings are frequently used on concrete floors in industrial environments like warehouses, factories, and garages, where they offer excellent resistance to mechanical stresses and chemicals.

EMEAI Resin Floor Coatings Market by Functionality

Based on functionality, the EMEAI resin floor coatings market is segmented into Intumescent Resin Floor Coating, Anticorrosion Resin Floor Coating, Waterproof Resin Floor Coating, Chemical Resistance Resin Floor Coating, and Others. In 2023, the Waterproof Resin Floor Coating segment held the largest market revenue share of 37.71% and is expected to grow at a CAGR of 5.6% in the projected period. The primary function of waterproof floor coatings is to prevent water ingress, which can lead to issues such as mold growth, structural damage, and deterioration of materials. These coatings are typically made from materials including epoxy, polyurethane, or acrylic, which are known for their durability and resistance to water. When applied properly, they create a seamless, impermeable surface that effectively repels water. Floor coatings used for waterproofing serve as protective layers applied to surfaces to prevent water from penetrating the underlying structure. In addition to preventing water damage, floor coatings used for waterproofing also enhance the longevity of the floor by protecting it from wear and tear. This is particularly important in high-traffic areas or industrial settings where the floor is subject to heavy loads and frequent use.

EMEAI Resin Floor Coatings Market by End-Use

Based on end-use, the EMEAI resin floor coatings market is segmented into Manufacturing & Processing, Energy, High Value Infrastructure, and Others. In 2023, the High Value Infrastructure segment held the largest market revenue share of 43.72% and is expected to grow at a CAGR of 5.7% in the projected period. High-value infrastructure projects demand resin floor coatings that provide durability, aesthetics, and safety. Stadiums require coatings that can withstand heavy foot traffic, resist wear, and offer slip resistance to ensure spectator safety. Bridges, particularly railway and road bridges, benefit from resin coatings that protect against corrosion, water ingress, and mechanical wear, extending their lifespan and reducing maintenance costs. In airports and train stations, resin coatings offer seamless, easy-to-clean surfaces that can endure high traffic and resist spills, ensuring a safe and pleasant environment for travelers. Car parks use resin coatings to protect against vehicle-related wear, oil spills, and weathering, while also providing slip resistance and clear demarcation lines for safety. New and existing buildings, especially high-rise and commercial structures, benefit from resin coatings that enhance floor durability, resist stains, and improve overall aesthetics. Water infrastructure projects, such as canal bridges and flood gates, use resin coatings to protect against water damage and chemical exposure, ensuring long-term functionality.

EMEAI Resin Floor Coatings Market Regional Insights

Based on Region, the EMEAI resin floor coatings market is segmented into Europe, Middle East & Africa, and India. In 2023, the Europe region held the largest market revenue share of 69.86%, which is expected to grow at a CAGR of 5.4% in the forecast period 2024-2032. The demand for resin floor coatings in Europe is rising due to several factors, including stringent environmental regulations, increasing industrial activities, and the region's focus on sustainability. European countries are adopting eco-friendly products, driving the market towards water-borne and low-VOC resin coatings that align with the European Union's strict environmental standards. The region's robust industrial sector, particularly in automotive, pharmaceuticals, and food processing, requires durable, chemical-resistant flooring solutions that can withstand heavy use and meet hygiene standards.

EMEAI Resin Floor Coatings Market Key Market Players & Competitive Insights

The EMEAI resin floor coatings market is characterized by a moderate to strong level of competition in the market. The players in the market are constantly innovating and expanding their offerings and presence. Despite the challenges, there are several factors that are driving growth in the EMEAI resin floor coatings market such as growing demand for epoxy coatings as a Durable and Safe Solution for Industrial and Commercial Flooring coupled with Rapid Industrialization and Urbanization in India.

The market is benefiting from the development of new products. The key players in the EMEAI resin floor coatings market include 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. among others. These companies compete based on product quality, innovation, price, customer service, and market share. Companies also engage in various strategic initiatives, such as mergers and acquisitions, contracts, partnerships, joint ventures, expansions, and product launches to enhance their market position and expand their reach. For instance, in June 2024, PPG announced a significant expansion of its PPG FLOORING concrete coatings line. This enhanced offering features integrated systems that include primers, base coats, and topcoats specifically designed for environments that require electrostatic protection. The new range is particularly suitable for equipment mechanical rooms and applications where a combination of high performance and rapid return to service is crucial. This expansion underscores PPG's commitment to providing advanced solutions tailored to meet the diverse needs of various industrial settings.

3M: 3M Company, originally known as the Minnesota Mining and Manufacturing Company, is a multinational conglomerate operating in various fields, including industry, worker safety, healthcare, and consumer goods. The company produces over 60,000 products under several brands, such as adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental, orthodontic products, electrical, electronic connecting, insulating materials, medical products, car-care products, electronic circuits, healthcare software, and optical films. 3M is based in Maplewood, a suburb of Saint Paul, Minnesota, and had approximately 92,000 employees and operations in more than 70 countries as of 2021. In June 2023, 3M reached a settlement to pay more than $10 billion to US public water systems to resolve claims over the company's contamination of water with PFASs (per- and polyfluoroalkyl substances), commonly known as "forever chemicals." The company operates in more than 200 countries with strong presence in North America, Europe, and Asia Pacific region. In the United States, 3M operates 80 manufacturing facilities in 29 states, demonstrating the company's significant presence and commitment to local production. Additionally, 3M has 125 manufacturing and converting facilities in 37 countries outside the U.S, further expanding its global reach and operations. This international footprint allows 3M to serve a diverse range of customers and markets around the world.

PPG Industries: PPG Industries, Inc. is a leading American multinational corporation specializing in the manufacture and distribution of paints, coatings, and specialty materials. The company majorly deals in two business segments namely Industrial coatings and Performance coatings. It provides its wide range of products for architectural coatings, aerospace, automotive OEM, industrial coatings, automotive refinish, packaging coatings, protective and marine coatings, and specialty coatings and materials among others. It provides its range of resin floor coatings under industrial coating segment. The company operates through its 201 manufacturing facilities worldwide with 63 sites in EMEA and 40 sites in Asia Pacific regions.

EMEAI Resin Floor Coatings Market Industry Developments

June 2024: PPG has announced a significant expansion of its PPG FLOORING concrete coatings line. This enhanced offering features integrated systems that include primers, base coats, and topcoats specifically designed for environments that require electrostatic protection. The new range is particularly suitable for equipment mechanical rooms and applications where a combination of high performance and rapid return to service is crucial. This expansion underscores PPG's commitment to providing advanced solutions tailored to meet the diverse needs of various industrial settings.

March 2022: 3M has officially finalized the sale of its floor products division in Western Europe, previously known as Dinac, to Gerflor Group. This division was part of 3M's Construction and Home Improvement Markets Division. In line with its ongoing strategic portfolio management, 3M opted to divest this business to focus on other priorities within the Construction and Home Improvement Markets Division. The sold business included products such as floor transition profiles, stair nosing, and flexible baseboards aimed at both DIY consumers and professional segments in the retail market.

September 2020: PPG has introduced its new line of flooring coatings, featuring a complete range of coating systems that comprise prime coats, base coats, and topcoats, all designed to deliver optimal performance tailored to specific work environments. Customers can select from four distinct flooring coating systems: general purpose, wear resistant, chemical resistant, and urethane cement, with further customization options available to meet individual needs.

Key Companies in the EMEAI Resin Floor Coatings Market include

• 3M


• PPG Industries


• Silikal GmbH


• Lanexis Enterprises (P) Ltd.


• Flowcrete Group Ltd.


• Nataaj Engineering


• Altro Limited


• Stonhard


• Cipy Polyurethanes Pvt. Ltd.


• Sakshi Coating Pvt. Ltd.


• Jemkon Private Limited

EMEAI Resin Floor Coatings Market Segmentation

EMEAI Resin Floor Coatings Market Technology Outlook

• Water-borne


• Solvent-borne


• Others

EMEAI Resin Floor Coatings Market Product Type Outlook

• Epoxy


• Polyurethane


• Acrylic


• Polyaspartic


• Polymethyl Methacrylate


• Others

EMEAI Resin Floor Coatings Market Component Outlook

• One-Component


• Two-Component


• Three-Component


• Others

EMEAI Resin Floor Coatings Market Application Outlook

• Concrete


• Wood


• Terrazzo


• Others

EMEAI Resin Floor Coatings Market Functionality Outlook

• Intumescent Resin Floor Coating


• Anticorrosion Resin Floor Coating


• Waterproof Resin Floor Coating


• Chemical Resistance Resin Floor Coating


• Others

EMEAI Resin Floor Coatings Market End-Use Outlook

• Manufacturing & Processing
  
  
  
  • Food and beverage
  
  
  • Pharmaceutical
  
  
  • Heavy manufacturing
  
  
  • Aerospace & Components
  
  
  • Automotive & Components
  
  
  • EV Battery
  
  
  • Semiconductor
  
  
  • Data Centres
  
  
  • Others
  
  
  
  


• Energy
  
  
  
  • Oil & Gas
  
  
  • Petrochemical
  
  
  • Wind Turbine
  
  
  • Solar Panel
  
  
  • Others
  
  
  
  


• High Value Infrastructure
  
  
  
  • Stadium
  
  
  • Airport
  
  
  • Train Station
  
  
  • Car Park
  
  
  • New Building
  
  
  • Existing Building
  
  
  • Bridges
  
  
  • Railway Bridge
  
  
  • Road Bridge
  
  
  • Others
  
  
  • Water Infrastructure
  
  
  • Canal Bridge
  
  
  • Flood Gates
  
  
  • Others
  
  
  • Others
  
  
  
  


• Other

EMEAI Resin Floor Coatings Market Regional Outlook

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  Europe

  
  


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  Germany

  
  


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  UK

  
  


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  France

  
  


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  Russia

  
  


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  Spain

  
  


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  Italy

  
  


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  Poland

  
  


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  Netherlands

  
  


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  Austria

  
  


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  Belgium

  
  


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  Sweden

  
  


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  Denmark

  
  


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  Norway

  
  


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  Rest of Europe

  
  


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  Middle East & Africa

  
  


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  Kuwait

  
  


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  Saudi Arabia

  
  


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  UAE

  
  


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  Algeria

  
  


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  South Africa

  
  


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  Morocco

  
  


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  Ghana

  
  


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  Nigeria

  
  


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  Rest of Middle East & Africa

  
  


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  India