Report Detail
North America Floor Coating Market to 2027 - Regional Analysis and Forecasts by Type (Epoxy, Polyurethane, Acrylics, Polymethyl Methacrylate, and Others); Formulation (Solvent-Based and Water-Based); Coating Component (1K, 2K, and 3K); Flooring Material (Wood, Concrete, Mortar, Terrazzo, and Others), Application (Residential, Commercial, and Industrial), and Countries
- RnM3926478 |
- 13 March, 2020 |
- Global |
- 160 Pages |
- The Insight Partners |
- Other
The North America floor coating market is accounted to US$ 493.7 Mn in 2018 and is predicted to grow at a CAGR of 7.8% during the forecast period 2019 – 2027, to account for US$ 965.6 Mn by 2027.
The North America floor coating market is segmented on the basis of formulation as solvent-based and water-based. In 2018, the water-based North America floor coating market is estimated to hold a dominant share in the market. With more limited availability of solvent-based formulations, the water-based formulation coating has seen an upsurge in use. Their lower VOC content has been a huge advantage where restrictions on VOCs are especially stringent. Water-based formulation coatings typically have a very low to zero solvent content and minimal odor and, based on the product, can often be applied to concrete while it is still moist or still in the process of curing. However, water-based formulation technology, while having made significant strides, has not yet been able to mark materials with the level of chemical resistance and durability desired for many industrial and commercial applications. It is, therefore, often used in light to moderate duty environments, where frequent recoating is acceptable.
The North America floor coating market is segmented based on flooring material as wood, concrete, mortar, terrazzo, and others. In 2018, the concrete segment accounts for the largest share in the North America floor coating market. Concrete is the most basic flooring material. Usually, it is only the surface of the slab that is poured directly on the gravel or dirt bed to install the foundation of a building. The concrete flooring material is not only durable, reliable, and incredibly long-lasting, but also developed a reputation for being austere, utilitarian, and course underfoot. However, modern advancements have given the flooring professionals a variety of design options that are allowing them to reinvent this primary building material entirely. Today concrete floors have the option to be polished smooth or even be textured to provide traction. These can also be stained or painted with a variety of techniques that allows to replicate the look of natural materials or embed the floor with intricate printed designs.
Increasing demand for floor coatings in industrial applications has led to an upsurge in the sales of floor coating products. Rapid industrialization and establishment of manufacturing and processing plants in the US, Canada, and Mexico is expected to drive the demand for floor coatings in the pharmaceuticals, food & beverages, and automotive assembly industries. Multinational corporations based in the US and Canada are expanding their operations in developing countries of APAC such as China and India. The establishment of manufacturing facilities by major foreign companies has generated a considerable demand for construction materials such as floor coatings.
North America floor coating market is segmented on the country as US, Canada, and Mexico. US has a major share in the North America floor coating market, which is followed by Canada. The demand for epoxy floor coating is increasing in the US over the past few years as epoxy floor coating is one of the most versatile floor coating systems available. The Canadian construction industry is consistently experiencing healthy demand for advanced building materials year on year. Pertaining to this fact, several builders and constructors are demanding advanced floor coating products.
Some of the players present in North America floor coating market are Axalta Coating Systems Ltd, Maris Polymers S.A., Michelman, Inc., The Lubrizol Corporation, The Sherwin-Williams Company, PPG Industries, Inc., 3M Company, Sika AG, Nippon Paint Holdings Co., Ltd., and Rust Oleum
The overall North America floor coating market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America floor coating market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America floor coating market.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 North America Floor Coating Market – By Type
- 1.3.2 North America Floor Coating Market – By Formulation
- 1.3.3 North America Floor Coating Market – By Coating Component
- 1.3.4 North America Floor Coating Market – By Flooring Material
- 1.3.5 North America Floor Coating Market – By Application
- 1.3.6 North America Floor Coating Market – By Country
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Floor Coating Market Landscape
- 4.1 Market Overview
- 4.1.1 North America PEST Analysis
5. Floor Coating Market – Key Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Rising in Number of Commercial and Residential Construction Projects
- 5.1.2 Growing Demand for Floor Coatings in Industrial Applications
- 5.2 Key Market Restraints
- 5.2.1 Stringent Government Regulations
- 5.3 Key Market Opportunity
- 5.3.1 Increasing Use of Floor Coatings in Sports Complexes
- 5.4 Future Trends
- 5.4.1 Development of Fast-Cure Coatings
- 5.5 Impact Analysis Of Drivers And Restraints
6. Floor coating – North America Market Analysis
- 6.1 North America Floor Coating Market Overview
- 6.2 North America Floor Coating Market Forecast and Analysis
7. North America Floor coating market Analysis – By Type
- 7.1 Overview
- 7.2 North America Floor coating market Breakdown, By Type, 2018 & 2027
Epoxy
- 7.2.1 Overview
- 7.2.2 North America Epoxy Market Revenue Forecasts To 2027 (US$ Mn)
- 7.3.1 Overview
- 7.3.2 North America Polyurethane Market Revenue Forecasts To 2027 (US$ Mn)
- 7.4.1 Overview
- 7.4.2 North America Acrylics Market Revenue Forecasts To 2027 (US$ Mn)
- 7.5.1 Overview
- 7.5.2 North America Polymethyl Methacrylate Market Revenue Forecasts To 2027 (US$ Mn)
- 7.6.1 Overview
- 7.6.2 North America Others Market Revenue Forecasts To 2027 (US$ Mn)
8. North America Floor coating market Analysis – By Formulation
- 8.1 Overview
- 8.2 North America Floor Coating Market Breakdown, By Formulation, 2018 & 2027
- 8.3 Solvent-based
- 8.3.1 Overview
- 8.3.2 North America Solvent-based Floor coating Market Revenue Forecasts To 2027 (US$ Mn)
- 8.4 Water-based
- 8.4.1 Overview
- 8.4.2 North America Water-based Floor coating Market Revenue Forecasts To 2027 (US$ Mn)
9. North America Floor coating market Analysis – By Coating Component
- 9.1 Overview
- 9.2 North America Floor Coating Market Breakdown, By Coating Component, 2018 & 2027
- 9.3 1k Coatings
- 9.3.1 Overview
- 9.3.2 North America 1k Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 9.4 2k Coatings
- 9.4.1 Overview
- 9.4.2 North America 2k Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 9.5 3k Coatings
- 9.5.1 Overview
- 9.5.2 North America 3k Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
10. North America Floor coating Market Analysis – By Flooring Material
- 10.1 Overview
- 10.2 North America Floor Coating Market Breakdown, By Flooring Material, 2018 & 2027
- 10.3 Wood
- 10.3.1 Overview
- 10.3.2 North America Wood Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 10.4 Concrete
- 10.4.1 Overview
- 10.4.2 North America Concrete Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 10.5 Terrazzo
- 10.5.1 Overview
- 10.5.2 North America Terrazzo Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 10.6 Others
- 10.6.1 Overview
- 10.6.2 North America Others Floor coating Market Revenue Forecasts To 2027 (US$ Mn)
11. North America Floor Coating Market Analysis – By Application
- 11.1 Overview
- 11.2 North America Floor Coating Market Breakdown, By Application, 2018 & 2027
- 11.3 Commercial Building
- 11.3.1 Overview
- 11.3.2 North America Commercial Building Application Market Revenue Forecasts To 2027 (US$ Mn)
- 11.4 Industrial
- 11.4.1 Overview
- 11.4.2 North America Industrial Application Market Revenue Forecasts To 2027 (US$ Mn)
- 11.5 Residential
- 11.5.1 Overview
- 11.5.2 North America Residential Application Market Revenue Forecasts To 2027 (US$ Mn)
12. Floor Coating Market – Country Analysis
- 12.1 Overview
- 12.1.1 North America Floor Coating Market Breakdown, by Country
- 12.1.1.1 US Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 12.1.1.1.1 US Floor coating Market Breakdown By Type
- 12.1.1.1.2 US Floor Coating Market Breakdown by Formulation
- 12.1.1.1.3 US Floor Coating Market Breakdown By Coating Component
- 12.1.1.1.4 US Floor coating Market Breakdown By Flooring Material
- 12.1.1.1.5 US Floor Coating Market Breakdown By Application
- 12.1.1.2 Canada Floor Coating Market Revenue Forecasts to 2027 (US$ Mn)
- 12.1.1.2.1 Canada Floor coating Market Breakdown By Type
- 12.1.1.2.2 Canada Floor Coating Market Breakdown By Formulation
- 12.1.1.2.3 Canada Floor Coating Market Breakdown By Coating Component
- 12.1.1.2.4 Canada Floor coating Market Breakdown By Flooring Material
- 12.1.1.2.5 Canada Floor Coating Market Breakdown By Application
- 12.1.1.3 Mexico Floor Coating Market Revenue Forecasts to 2027 (US$ Mn)
- 12.1.1.3.1 Mexico Floor Coating Market Breakdown by Type
- 12.1.1.3.2 Mexico Floor Coating Market Breakdown by Formulation
- 12.1.1.3.3 Mexico Floor Coating Market Breakdown by Coating Component
- 12.1.1.3.4 Mexico Floor coating Market Breakdown by Flooring Material
- 12.1.1.3.5 Mexico Floor Coating Market Breakdown by Application
13. Industry Landscape
- 13.1 Overview
- 13.2 Product news
- 13.3 Merger And Acquisition
14. Company Profiles
- 14.1 Axalta Coating Systems Ltd.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.2 Maris Polymers S.A.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.1 Products and Services
- 14.2.2 Financial Overview
- 14.2.3 SWOT Analysis
- 14.3 Michelman, Inc.
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 The Lubrizol Corporation
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.5 The Sherwin-Williams Company
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 PPG Industries, Inc.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 14.7 3M Company
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
- 14.8 Sika AG
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
- 14.9 Nippon Paint Holdings Co., Ltd.
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.10 Rust-Oleum
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
15. Appendix
- 15.1 About The Insight Partners
- 12.1.1 North America Floor Coating Market Breakdown, by Country
Summary:
Get latest Market Research Reports on North America Floor Coating . Industry analysis & Market Report on North America Floor Coating is a syndicated market report, published as North America Floor Coating Market to 2027 - Regional Analysis and Forecasts by Type (Epoxy, Polyurethane, Acrylics, Polymethyl Methacrylate, and Others); Formulation (Solvent-Based and Water-Based); Coating Component (1K, 2K, and 3K); Flooring Material (Wood, Concrete, Mortar, Terrazzo, and Others), Application (Residential, Commercial, and Industrial), and Countries. It is complete Research Study and Industry Analysis of North America Floor Coating market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
