Market Synopsis of Global Industrial flooring Market
Industrial Floor Coatings provide sustainable solutions to enhance the performance of floors in industrial and commercial facilities by increasing the durability of concrete and other flooring materials. Expansion of industrial activities and improving economic conditions majorly drive Global Industrial Flooring Market. Benefits such as easy movability and ease of maintenance are some of the factors which appeal to customers and also ensuring great finishing. This has raised the trends of floor coating and has also increased the preference of environment friendly products which is sustainably harvested, recycled or reclaimed sources.
Moreover, high quality products are driving the Global Industrial Flooring Coating Market. Additionally, properties such as waterproofing, slip resistance, puncture resistance, microbial protection, and decorative finish are pushing the market towards growth. This is backed by rapid industrialization in emerging economies such as India and China and increase in the number of production facilities which are creating growth opportunities for the Industrial Floor Coating Market. However, lack of awareness about industrial floor coating among end-users acts as a barrier for the market.
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The major players operating in the market of Global Industrial Floor Coating Market are BASF SE (Germany), Asian Paints PPG Pvt Ltd. (Mumbai), PPG Industries Inc. (U.S.), 3M Company (U.S.), A&I Coatings Pty Ltd (Australia), Nora Systems, Inc. (Germany),The Dow Chemical Company (U.S.) and CPC Floor Coatings (U.S.).
Study Objectives of Industrial Floor Coating Market:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Industrial Floor Coating Market.
- To provide insights about factors affecting the market growth.
- To analyze the Industrial floor coating markets market based porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by product, material, application and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Industrial Floor Coating Market.
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Asia-Pacific is the fastest and largest growing nature due to rise in the number of construction activities and the increase in industrialization in emerging economies such as China and India. Moreover, offering joint-free and seamless finish to avoid cracks or crevices that harbor dust, dirt and bacteria, is another factor contributing to the market growth.
North America market has seen technological advancements in commercial and educational industries. By material type, Terrazzo has gained importance owing to its significant properties such as high-durability, cost effectiveness, hygiene and easy maintenance. The product shows higher demand from schools, hospitals, commercial buildings and government buildings.
Key Points from Table of Content:
7 Competitive Analysis
7.2 Competitive Scenario
7.2.1 Market Share Analysis
7.2.2 Market Development Analysis
7.2.3 Material /Service Benchmarking
7.3 BASF SE (Germany)
7.3.2 Material /Service Offering
7.4 Asian Paints PPG Pvt Ltd. (Mumbai)
7.4.2 Material /Service Offering
7.5 PPG Industries Inc. (U.S.)
7.5.2 Material /Service Offering
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