Industrial Floor Coatings Market Forecasts | 7 Billion-Dollar Mark by 2024, 415 pages report

Global Market Insights, Inc. has recently added a new report on Industrial Floor Coatings Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of Industrial Floor Coatings industry.

Selbyville, United States - July 16, 2019 /MarketersMedia/ —

According to the report by GMI, APAC industrial floor coatings market is estimated to reach USD 2.9 billion by 2024. Favorable FDI norms coupled with government investments to expand the manufacturing sector will drive the regional growth. Moreover, the availability of low-cost raw materials and labor will enhance the region’s appeal as a manufacturing hub, which in turn, positively influences the industrial floor coatings market growth.

Europe market is characterized by the presence of key industrial floor coatings manufacturers such as BASF, Dow Chemical and AkzoNobel. Strong demand from both domestic and international markets for major industrial output such as automotive, chemical and food will create lucrative opportunities for industrial floor coverings market in the region.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1193

Some of The Industrial Floor Coatings Market Growth Drivers:

1 Growing construction spending along with rising count of small-scale manufacturers
2 Increasing FDI inflows accompanied by favourable government policies
3 Strong outlook in manufacturing and food processing industries along with technological advancements

Industrial Floor Coatings Market size is estimated to exceed USD 7 billion by 2024; according to a new research report by Global Market Insights, Inc. Favorable macroeconomic conditions coupled with rising industrialization in emerging nations will drive the industry share. According to the Asia Development Bank, Asian countries are expected to invest USD 9 trillion for infrastructure development between 2010 and 2020 to augment industrialization and urbanization. This will create a surge in the number of manufacturing facilities, thereby fueling industrial floor coatings demand.

Industrial floor coatings are widely used in food & beverage processing facilities to maintain quality, purity & hygiene. Rising urbanization has influenced consumption patterns, increased disposable income will make processed foods affordable for a larger share of the populace. This will foster growth in the food processing industry and create substantial opportunities for the product.

Browse key industry insights spread across 415 pages with 638 market data tables & 17 figures & charts from the report, “Industrial Floor Coatings Market Size By Product (Epoxy, Polyaspartic, Polyurethane, Acrylic, Epoxy Cementitious, Methyl Methacrylate ), By Component (Single Component, Double Component, Three Component, Four Component), By Flooring Material (Concrete, Mortar, Terrazzo), By Application (Manufacturing, Food Processing, Aviation & Transportation, Warehousing), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Poland, Russia, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, Qatar, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/industrial-floor-coating-market

Epoxy dominated the market generated over USD 600 million revenue in 2017. They are used as surface coatings in manufacturing facilities, food & beverage industry and warehousing owing to its superior resistance against hot tire pickups, abrasion and heavy impact. Easy installation, durability and low maintenance are key factors luring consumers towards the epoxy based surfaces.

Double component held over 50% of the volume share in 2017. High degree of tolerance against friction is driving its popularity in manufacturing sector. It is ideal for facilities with both heavy vehicle and pedestrian traffic. The product provides easy clean up as well as resistance against mechanical, chemical and bacterial elements.

Global Industrial Floor Coatings Market share is moderately fragmented with the presence of both multinational and regional players. Akzo Nobel, Dow Chemical, Sika AG, Kansai Paints and PPG Industries are among the major industry players. Other notable participants include BASF, Asian Paints, DSM and Sherwin-Williams. Mergers & acquisitions, product portfolio expansion and supply agreements are key strategies adopted major industry players to gain market share.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1193

Browse Related News:

1. Waterborne Coatings Market Statistics, 2019-2024

https://www.gminsights.com/industry-analysis/waterborne-coatings-market

2. Electronic Protection Device (EPD) Coatings Market Share Forecast, 2019-2025

https://www.gminsights.com/industry-analysis/electronic-protection-device-coatings-market

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: global market insights
Website: https://www.gminsights.com/industry-analysis/industrial-floor-coating-market

Source URL: https://marketersmedia.com/industrial-floor-coatings-market-forecasts-7-billion-dollar-mark-by-2024-415-pages-report/88897020

Source: MarketersMedia

Release ID: 88897020

More News From Daily World Web

China says US has 'weaponized' visas to target exchanges

Dec 7, 2019

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

Hong Kong police say homemade bomb targeted officers

Dec 7, 2019

HONG KONG — A homemade, remote-controlled bomb intended to "kill or to harm" riot control officers was detonated as they deployed against renewed violence in Hong Kong over the weekend, police said Monday, in a further escalation of destructive street battles gripping the business hub. The "loud thud" Sunday night close to riot officers who had been clearing away a protester-built road block marked the first known use of an explosive device during protests that started in June over a contested extradition bill and have snowballed into an anti-government, anti-police and anti-China movement. "It exploded less than 2 meters (yards)...

Asian stocks gain after US, China announce truce on tariffs

Dec 7, 2019

BEIJING — Asian stock markets have risen after Washington and Beijing announced a truce on tariff hikes in a trade war. Benchmarks in Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. President Donald Trump agreed Friday to put off planned tariff hikes this week on Chinese goods in a fight over Beijing's trade surplus and technology plans. In exchange, he said China would buy American farm goods. But the two sides reported no progress on basic disputes that sparked the 15-month-old fight that threatens global economic growth. Friday's truce "has simply temporarily halted the escalation...

China criticizes Apple for app that tracks Hong Kong police

Dec 7, 2019

HONG KONG — Apple became the latest company targeted for Chinese pressure over protests in Hong Kong after the ruling Communist Party's main newspaper criticized the tech giant Wednesday for a smartphone app that allows activists to report police movements. HKmap.live, designed by an outside supplier and available on Apple Inc.'s online store, "facilitates illegal behavior," the People's Daily said in a commentary. "Is Apple guiding Hong Kong thugs?" the newspaper said. Beijing has pressed companies including Hong Kong's Cathay Pacific Airways to take the government's side against the protests, which are in their fourth month. Apple didn't immediately respond...

Hong Kong readies for more protests after night of clashes

Dec 7, 2019

HONG KONG — Young protesters, many wearing masks to disguise their identity, filled the open areas of a Hong Kong shopping mall Sunday and chanted slogans and held up signs calling for democracy and other demands of their months-long movement. Backed by a few on musical instruments, they sang what has become their anthem, many lining the balustrades for several floors up overlooking where others gathered in the wide space below. The latest gathering came after a night of violent clashes in which the police used tear gas and rubber rounds against protesters who threw gasoline bombs toward them and...

About Us

Daily World Web took the initiative to utilize the development in cloud and AI technology to create a free, instantaneous and borderless flow of news, the way it should be.

Subscribe Now!