Industrial Floor Coating Market by Binder Type (Epoxy, Polyaspartic), Flooring Material (Concrete, Mortar, Terrazzo), End-use Sector (Manufacturing, Aviation & Transportation, Food Processing), Coating Component, and Region - Global Forecast to 2021

  • ID: 4088987
  • Report
  • Region: Global
  • 191 Pages
  • Markets and Markets
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The Industrial Floor Coating Market was Valued at USD 4.75 Billion in 2016 and is Projected to Reach USD 6.07 Billion by 2021, at an Estimated CAGR of 5.0%

FEATURED COMPANIES

  • 3M Company
  • Ardex Endure
  • BASF SE
  • Koninklijke Dsm N.V.
  • Milliken & Company
  • Plexi-Chemie, Inc.
  • MORE

The industrial floor coating market size is projected to grow at a CAGR of 5.0% during the forecast period of 2016-2021 and reach USD 6.07 billion by 2021. 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. As the floor in any industrial facility or commercial outlet is exposed to a great amount of wear and physical abuse, it requires adequate protection and maintenance to ensure better longevity. Industrial floor coating prevents damages such as abrasions, corrosion, thermal shocks, and chemical attacks. Other benefits provided by these coating solutions include waterproofing, slip resistance, puncture resistance, microbial protection, and decorative finish. Poor acceptance of industrial floor coating among the end-users due to pre-defined mindsets about industrial floor coating is a constraint in the growth of industrial floor coating market. 

The epoxy segment dominated the industrial floor coating market in 2015; it is projected to retain the leading position through 2021. Epoxy is the most commonly used industrial floor coating and comes in different thickness. This type of industrial floor coating dominates the market due to its superior properties such as high adhesion, impact resistance, flexibility, and chemical and solvent resistance. It is extensively used for flooring applications in industrial facilities such as refineries, chemical plants, and production.

The industrial floor coating market has been segmented into three flooring materials, namely, concrete, mortar, and terrazzo. The concrete segment led the demand for flooring material in industrial floor coating in 2015 and is projected to grow at the highest CAGR from 2016 to 2021. Cost-efficiency and superior durability are the driving factors for the growing demand for concrete flooring. The ability to withstand high temperature and abrasion is also influencing the growing application of concrete flooring material in the industrial facilities.

The Asia-Pacific region is projected to register the highest CAGR globally, between 2016 and 2021. India accounted for the largest market for industrial floor coating in the Asia-Pacific region, in 2015. The Indian market is projected to grow at the highest CAGR during the forecast period, whereas China accounted for the largest share in the industrial floor coating market in 2015. Rapid industrialization in the region as well as growth in a number of commercial structures in China, Indonesia, and India is driving the growth of the Asia-Pacific industrial floor coating market. Also, there are less stringent norms and standards for safety and environmental compliance along with easy availability of cheap labor, which is attracting major players across diverse industries to set up production facilities in these countries.

Breakdown of Primaries

  • By Company Type: Tier 1 - 35%, Tier 2 - 30%, and Tier 3 - 35%
  • By Designation: C-Level - 65% and Manager Level - 35%
  • By Region: North America - 25%, Europe - 28%, Asia-Pacific - 22%, Latin America - 10%, and Middle East & Africa - 15%

Note: The tier of the companies is defined on the basis of their total revenue, as of 2015.
Tier 1: Revenue USD 500 million; Tier 2: USD 100 million Revenue USD 500 million; Tier 3: Revenue USD 100 million

The various key players profiled in the report are as follows:
1. BASF SE (Germany)
2. PPG Industries Inc. (U.S.)
3. 3M Company (U.S.)
4. The Sherwin William Company (U.S.)
5. Akzo Noble (Netherland)
6. Koninklijke DSM N.V (Netherlands)
7. RPM International Inc. (U.S.)
8. The Dow Chemical Company (U.S.)
9. The Lubrizol Corporation (U.S.)
10. Asian Paints PPG Pvt. Limited (India)
11. Florock Polymer Flooring System (U.S.)
12. Nora System, Inc. (Germany)
13. Maris Polymers SA  (Greece)
14. Plexi-Chemie, Inc. (U.S.)
15. Grand Polycoat (India)
16. Ardex Endure (India)
17. A&I Coatings  (Australia)
18. Pro Maintenance, Inc. (U.S.)
19. ArmorPoxy (India)
20. Tambour (Israel)
21. CPC Floor Coating (U.S.)
22. Roto Polymer and Chemicals (India)
23. Michelman, Inc. (U.S.)
24. Apurva India Private Limited (India)
25. Milliken & Company (U.S.)

Research Coverage:

The primary objective of the study is to define, segment, and project the global industrial floor coating market on the basis of binder type, flooring material, coating component, end-use sector, and region. The study aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). In addition to this, the study analyzes competitive developments such as mergers & acquisitions, investments & expansions, new product launches, and research & developmental activities in the industrial floor coating market.

Reasons to buy the report:

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the industrial floor coating market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
2. The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, opportunities, and challenges.
3. This report will help stakeholders to better understand their competitors and gain more insights into their position in the business. The competitive landscape section includes mergers & acquisitions, investments & expansions, and new product launches.

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FEATURED COMPANIES

  • 3M Company
  • Ardex Endure
  • BASF SE
  • Koninklijke Dsm N.V.
  • Milliken & Company
  • Plexi-Chemie, Inc.
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Units
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.3 Market Share Estimation
2.4 Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Emerging Economies to Witness A Relatively Higher Demand for Industrial Floor Coating
4.2 Industrial Floor Coating Market, By Binder Type
4.3 Industrial Floor Coating Market, By Flooring Material
4.4 Industrial Floor Coating Market in Asia-Pacific, By End-Use Sector and Major Countries
4.5 Industrial Floor Coating Market: Geographic Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 By Binder Type
5.3.2 By Flooring Material
5.3.3 By Coating Component
5.3.4 By End-Use Sector
5.3.5 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increase in Need to Protect Concrete Floors in Industrial and Commercial Facilities
5.4.1.2 Industrial Expansion in Emerging Economies
5.4.2 Restraints
5.4.2.1 High Prices of Raw Materials and Energy
5.4.2.2 Economic Downturn in Developed Regions
5.4.3 Opportunities
5.4.3.1 Increase in Industrial and Commercial Constructions
5.4.4 Challenges
5.4.4.1 Development of Cost-Effective Coating Products Under Stringent Environmental Regulation Enforced By Governments
5.5 Impact Analysis of Drivers and Restraints

6 Industrial Floor Coating Market, By Binder Type
6.1 Introduction
6.2 Epoxy
6.3 Polyaspartic
6.4 Others

7 Industrial Floor Coating Market, By Flooring Material
7.1 Introduction
7.2 Concrete
7.3 Mortar
7.4 Terrazzo

8 Industrial Floor Coating Market, By Coating Component
8.1 Introduction
8.2 One-Component
8.3 Two-Component
8.4 Three-Component
8.5 Four-Component
8.6 Five-Component

9 Industrial Floor Coating Market, By End-Use Sector
9.1 Introduction
9.2 Manufacturing
9.3 Aviation & Transportation
9.4 Food Processing
9.5 Science & Technology
9.6 Others

10 Macroeconomic Indicators
10.1 Introduction
10.2 Trends & Forecast of GDP and the Manufacturing Industry, 2015-2021

11 Industrial Floor Coating Market, By Region
11.1 Introduction
11.2 North America
11.2.1 North America: Industrial Floor Coating Market, By Country
11.2.2 North America: Industrial Floor Coating Market, By Binder Type
11.2.3 North America: Industrial Floor Coating Market, By Flooring Material
11.2.4 North America: Industrial Floor Coating Market, By End-Use Sector
11.2.5 U.S.
11.2.5.1 U.S.: Industrial Floor Coating Market, By Binder Type
11.2.5.2 U.S.: Industrial Floor Coating Market, By End-Use Sector
11.2.6 Canada
11.2.6.1 Canada: Industrial Floor Coating Market, By Binder Type
11.2.6.2 Canada: Industrial Floor Coating Market, By End-Use Sector
11.2.7 Mexico
11.2.7.1 Mexico: Industrial Floor Coating Market, By Binder Type
11.2.7.2 Mexico: Industrial Floor Coating Market, By End-Use Sector
11.3 Europe
11.3.1 Europe: Industrial Floor Coating Market, By Country
11.3.2 Europe: Industrial Floor Coating Market, By Binder Type
11.3.3 Europe: Industrial Floor Coating Market, By Flooring Material
11.3.4 Europe: Industrial Floor Coating Market, By End-Use Sector
11.3.5 Germany
11.3.5.1 Germany: Industrial Floor Coating Market, By Binder Type
11.3.5.2 Germany: Industrial Floor Coating Market, By End-Use Sector
11.3.6 U.K.
11.3.6.1 U.K.: Industrial Floor Coating Market, By Binder Type
11.3.6.2 U.K.: Industrial Floor Coating Market, By End-Use Sector
11.3.7 France
11.3.7.1 France: Industrial Floor Coating Market, By Binder Type
11.3.7.2 France: Industrial Floor Coating Market, By End-Use Sector
11.3.8 Russia
11.3.8.1 Russia: Industrial Floor Coating Market, By Binder Type
11.3.8.2 Russia: Industrial Floor Coating Market, By End-Use Sector
11.3.9 Spain
11.3.9.1 Spain: Industrial Floor Coating Market, By Binder Type
11.3.9.2 Spain: Industrial Floor Coating Market, By End-Use Sector
11.3.10 Rest of Europe
11.3.10.1 Rest of Europe: Industrial Floor Coating Market, By Binder Type
11.3.10.2 Rest of Europe: Industrial Floor Coating Market, By End-Use Sector
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Industrial Floor Coating Market, By Country
11.4.2 Asia-Pacific: Industrial Floor Coating Market, By Binder Type
11.4.3 Asia-Pacific: Industrial Floor Coating Market, By Flooring Material
11.4.4 Asia-Pacific: Industrial Floor Coating Market, By End-Use Sector
11.4.5 China
11.4.5.1 China: Industrial Floor Coating Market, By Binder Type
11.4.5.2 China: Industrial Floor Coating Market, By End-Use Sector
11.4.6 India
11.4.6.1 India: Industrial Floor Coating Market, By Binder Type
11.4.6.2 India: Industrial Floor Coating Market, By End-Use Sector
11.4.7 Japan
11.4.7.1 Japan: Industrial Floor Coating Market, By Binder Type
11.4.7.2 Japan: Industrial Floor Coating Market, By End-Use Sector
11.4.8 Australia
11.4.8.1 Australia: Industrial Floor Coating Market, By Binder Type
11.4.8.2 Australia: Industrial Floor Coating Market, By End-Use Sector
11.4.9 South Korea
11.4.9.1 South Korea: Industrial Floor Coating Market, By Binder Type
11.4.9.2 South Korea: Industrial Floor Coating Market, By End-Use Sector
11.4.10 Rest of Asia-Pacific
11.4.10.1 Rest of Asia-Pacific: Industrial Floor Coating Market, By Binder Type
11.4.10.2 Rest of Asia-Pacific: Industrial Floor Coating Market, By End-Use Sector
11.5 Middle East & Africa
11.5.1 Middle East & Africa: Industrial Floor Coating Market, By Country
11.5.2 Middle East & Africa: Industrial Floor Coating Market, By Binder Type
11.5.3 Middle East & Africa: Industrial Floor Coating Market, By Flooring Material
11.5.4 Middle East & Africa: Industrial Floor Coating Market, By End-Use Sector
11.5.5 Turkey
11.5.5.1 Turkey: Industrial Floor Coating Market, By Binder Type
11.5.5.2 Turkey: Industrial Floor Coating Market, By End-Use Sector
11.5.6 UAE
11.5.6.1 UAE: Industrial Floor Coating Market, By Binder Type
11.5.6.2 UAE: Industrial Floor Coating Market, By End-Use Sector
11.5.7 Saudi Arabia
11.5.7.1 Saudi Arabia: Industrial Floor Coating Market, By Binder Type
11.5.7.2 Saudi Arabia: Industrial Floor Coating Market, By End-Use Sector
11.5.8 South Africa
11.5.8.1 South Africa: Industrial Floor Coating Market, By Binder Type
11.5.8.2 South Africa: Industrial Floor Coating Market, By End-Use Sector
11.5.9 Rest of Middle East & Africa
11.5.9.1 Rest of Middle East & Africa: Industrial Floor Coating Market, By Binder Type
11.5.9.2 Rest of Middle East & Africa: Industrial Floor Coating Market, By End-Use Sector
11.6 Latin America
11.6.1 Latin America: Industrial Floor Coating Market, By Country
11.6.2 Latin America: Industrial Floor Coating Market, By Binder Type
11.6.3 Latin America: Industrial Floor Coating Market, By Flooring Material
11.6.4 Latin America: Industrial Floor Coating Market, By End-Use Sector
11.6.5 Brazil
11.6.5.1 Brazil: Industrial Floor Coating Market, By Binder Type
11.6.5.2 Brazil: Industrial Floor Coating Market, By End-Use Sector
11.6.6 Argentina
11.6.6.1 Argentina: Industrial Floor Coating Market, By Binder Type
11.6.6.2 Argentina: Industrial Floor Coating Market, By End-Use Sector
11.6.7 Rest of Latin America
11.6.7.1 Rest of Latin America: Industrial Floor Coating Market, By Binder Type
11.6.7.2 Rest of Latin America: Industrial Floor Coating Market, By End-Use Sector

12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis for the Industrial Floor Coating Market in 2015
12.3 Competitive Situations & Trends
12.3.1 Mergers & Acquisitions Fueled the Growth of the Industrial Floor Coating Market, 2013-2017
12.3.2 Key Growth Strategies Undertaken By the Major Players in the Industrial Floor Coating Market
12.4 Mergers & Acquisitions
12.5 Investments & Expansions
12.6 New Product Launches

13 Company Profiles
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis) -
13.1 PPG Industries, Inc.
13.2 The Sherwin-Williams Company
13.3 Akzo Nobel N.V.
13.4 BASF SE
13.5 RPM International Inc.
13.6 3M Company
13.7 The DOW Chemical Company
13.8 Koninklijke Dsm N.V.
13.9 The Lubrizol Corporation
13.10 Asian Paints PPG Pvt Ltd.
13.11 Other Key Players
13.11.1 Florock Polymer Flooring Systems
13.11.2 Nora System, Inc.
13.11.3 Maris Polymers Sa
13.11.4 Plexi-Chemie, Inc.
13.11.5 Grand Polycoats
13.11.6 Ardex Endure
13.11.7 A&I Coatings
13.11.8 Milliken & Company
13.11.9 Michelman Inc.
13.11.10 Roto Polymers and Chemicals
13.11.11 CPC Floor Coatings
13.11.12 Tambour
13.11.13 Apurva India Private Limited
13.11.14 Armorpoxy
13.11.15 PRO Maintenance Inc.
  • Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.
14 Appendix
14.1 Discussion Guide

List of Tables

Table 1 Industrial Floor Coating Market, By Binder Type
Table 2 Industrial Floor Coating Market, By Flooring Material
Table 3 Industrial Floor Coating Market, By Coating Component
Table 4 Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Billion)
Table 5 Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 6 Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (USD Million)
Table 7 Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (KT)
Table 8 Industrial Floor Coating Market, By End-Use Sector, 2014-2021 (USD Million)
Table 9 Industrial Floor Coating Market, By End-Use Sector, 2014-2021 (KT)
Table 10 North America: GDP, By Country, 2015-2021 (USD Billion)
Table 11 North America: Manufacturing Industry Output, By Country, 2015-2021 (USD Billion)
Table 12 Europe: GDP, By Country, 2015-2021 (USD Billion)
Table 13 Europe: Manufacturing Industry Output, By Country, 2015-2021 (USD Billion)
Table 14 Asia-Pacific: GDP, By Country, 2015-2021 (USD Billion)
Table 15 Asia-Pacific: Manufacturing Industry Output, By Country, 2015-2021 (USD Billion)
Table 16 Middle East & Africa: GDP, By Country, 2015-2021 (USD Billion)
Table 17 Middle East & Africa: Manufacturing Industry Output, By Country, 2014-2021 (USD Billion)
Table 18 Latin America: GDP, By Country, 2015-2021 (USD Billion)
Table 19 Latin America: Manufacturing Industry Output, By Country, 2014-2021 (USD Billion)
Table 20 Industrial Floor Coating Market Size, By Region, 2014-2021 (USD Million)
Table 21 Industrial Floor Coating Market Size, By Region, 2014-2021 (KT)
Table 22 North America: Industrial Floor Coating Market Size, By Country, 2014-2021 (USD Million)
Table 23 North America: Industrial Floor Coating Market Size, By Country, 2014-2021 (KT)
Table 24 North America: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 25 North America: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 26 North America: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (USD Million)
Table 27 North America: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (KT)
Table 28 North America: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 29 North America: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 30 U.S.: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 31 U.S.: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 32 U.S.: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 33 U.S.: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 34 Canada: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 35 Canada: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 36 Canada: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 37 Canada: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 38 Mexico: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 39 Mexico: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 40 Mexico: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 41 Mexico: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 42 Europe: Industrial Floor Coating Market Size, By Country, 2014-2021 (USD Million)
Table 43 Europe: Industrial Floor Coating Market Size, By Country, 2014-2021(KT)
Table 44 Europe: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 45 Europe: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 46 Europe: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (USD Million)
Table 47 Europe: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (KT)
Table 48 Europe: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 49 Europe: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 50 Germany: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 51 Germany: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 52 Germany: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 53 Germany: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 54 U.K.: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 55 U.K.: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 56 U.K.: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 57 U.K.: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 58 France: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 59 France: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 60 France: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 61 France: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 62 Russia: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 63 Russia: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 64 Russia: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 65 Russia: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 66 Spain: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 67 Spain: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 68 Spain: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 69 Spain: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 70 Rest of Europe: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 71 Rest of Europe: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 72 Rest of Europe: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 73 Rest of Europe: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 74 Asia-Pacific: Industrial Floor Coating Market Size, By Country, 2014-2021 (USD Million)
Table 75 Asia-Pacific: Industrial Floor Coating Market Size, By Country, 2014-2021 (KT)
Table 76 Asia-Pacific: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 77 Asia-Pacific: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 78 Asia-Pacific: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (USD Million)
Table 79 Asia-Pacific: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (KT)
Table 80 Asia-Pacific: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 81 Asia-Pacific: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 82 China: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 83 China: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 84 China: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 85 China: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 86 India: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 87 India: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 88 India: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 89 India: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 90 Japan: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 91 Japan: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 92 Japan: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 93 Japan: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 94 Australia: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 95 Australia: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 96 Australia: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 97 Australia: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 98 South Korea: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 99 South Korea: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 100 South Korea: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 101 South Korea: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 102 Rest of Asia-Pacific: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 103 Rest of Asia-Pacific: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 104 Rest of Asia-Pacific: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 105 Rest of Asia-Pacific: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 106 Middle East & Africa: Industrial Floor Coating Market Size, By Country, 2014-2021(USD Million)
Table 107 Middle East & Africa: Industrial Floor Coating Market Size, By Country, 2014-2021(KT)
Table 108 Middle East & Africa: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 109 Middle East & Africa: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 110 Middle East & Africa: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (USD Million)
Table 111 Middle East & Africa: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (KT)
Table 112 Middle East & Africa: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 113 Middle East & Africa: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 114 Turkey: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 115 Turkey: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 116 Turkey: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 117 Turkey: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 118 UAE: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 119 UAE: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 120 UAE: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 121 UAE: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 122 Saudi Arabia: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 123 Saudi Arabia: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 124 Saudi Arabia: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 125 Saudi Arabia: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 126 South Africa: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 127 South Africa: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 128 South Africa: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 129 South Africa: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 130 Rest of Middle East & Africa: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 131 Rest of Middle East & Africa: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 132 Rest of Middle East & Africa: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 133 Rest of Middle East & Africa: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 134 Latin America: Industrial Floor Coating Market Size, By Country, 2014-2021 (USD Million)
Table 135 Latin America: Industrial Floor Coating Market Size, By Country, 2014-2021 (KT)
Table 136 Latin America: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 137 Latin America: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 138 Latin America: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (USD Million)
Table 139 Latin America: Industrial Floor Coating Market Size, By Flooring Material, 2014-2021 (KT)
Table 140 Latin America: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 141 Latin America: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 142 Brazil: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 143 Brazil: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 144 Brazil: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 145 Brazil: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 146 Argentina: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 147 Argentina: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 148 Argentina: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 149 Argentina: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 150 Rest of Latin America: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (USD Million)
Table 151 Rest of Latin America: Industrial Floor Coating Market Size, By Binder Type, 2014-2021 (KT)
Table 152 Rest of Latin America: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (USD Million)
Table 153 Rest of Latin America: Industrial Floor Coating Market Size, By End-Use Sector, 2014-2021 (KT)
Table 154 Mergers & Acquisitions, 2016-2017
Table 155 Investments & Expansions, 2014-2016
Table 156 New Product Launches, 2015-2016

List of Figures

Figure 1 Industrial Floor Coating Market: Segmentation
Figure 2 Industrial Floor Coating Market, By Region
Figure 3 Industrial Floor Coating Market: Research Design
Figure 4 Breakdown of Primary Interviews
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Industrial Floor Coating Market: Data Triangulation Methodology
Figure 8 Epoxy-Based Coating is Projected to Dominate the Industrial Floor Coating Market Through 2021
Figure 9 Concrete is Estimated to Account for the Largest Share in the Industrial Floor Coating Market Through 2021
Figure 10 The Food Processing Sector is Expected to Register the Highest Growth Rate During the Forecast Period
Figure 11 Europe Dominated the Industrial Floor Coating Market in 2015
Figure 12 Emerging Economies Offer Attractive Opportunities in the Industrial Floor Coating Market
Figure 13 Epoxy to Lead the Market for Industrial Floor Coating Through 2021
Figure 14 Coating on Concrete Structure to Grow at the Highest Rate During the Forecast Period
Figure 15 The Manufacturing Sector Accounted for the Largest Demand for Industrial Floor Coating in the Asia-Pacific Market in 2015
Figure 16 Market in India is Projected to Grow at the Highest Rate From 2016 to 2021
Figure 17 Evolution of the Industrial Floor Coating Market
Figure 18 Industrial Floor Coating Market, By End-Use Sector
Figure 19 Industrial Floor Coating Market, By Region
Figure 20 Drivers, Restraints, Opportunities, and Challenges in the Industrial Floor Coating Market
Figure 21 Industrial Floor Coating Market: Impact Analysis of Drivers and Restraints
Figure 22 Epoxy Coating is Projected to Register the Highest Growth Rate Through 2021
Figure 23 Manufacturing Sector is Projected to Dominate the Industrial Floor Coating Market Through 2021
Figure 24 Geographic Snapshot (2016-2021): the Market in India is Projected to Grow at the Highest Rate, in Terms of Value
Figure 25 North American Industrial Floor Coating Market Snapshot: the U.S. is Projected to Be the Fastest-Growing Market Between 2016 & 2021
Figure 26 Asia-Pacific Industrial Floor Coating Market Snapshot: India is Projected to Be the Fastest-Growing Market Between 2016 & 2021
Figure 27 Companies Adopted Mergers & Acquisitions as the Key Growth Strategies Between 2014 and 2017
Figure 28 Top 8 Market Players Accounted for ~80% of the Market Share in 2015
Figure 29 2016 Was the Most Active Year for the Companies in the Industrial Floor Coating Market, in Terms of Number of Developments
Figure 30 Mergers & Acquisitions: Key Strategy, 2013-2017
Figure 31 PPG Industries, Inc.: Company Snapshot
Figure 32 PPG Industries, Inc.: SWOT Analysis
Figure 33 The Sherwin-Williams Company: Company Snapshot
Figure 34 The Sherwin-Williams Company: SWOT Analysis
Figure 35 Akzo Nobel N.V. : Company Snapshot
Figure 36 Akzo Nobel N.V.: SWOT Analysis
Figure 37 BASF SE: Company Snapshot
Figure 38 BASF SE: SWOT Analysis
Figure 39 RPM International Inc.: Company Snapshot
Figure 40 RPM International Inc.: SWOT Analysis
Figure 41 3M Company: Company Snapshot
Figure 42 3M Company: SWOT Analysis
Figure 43 The DOW Chemical Company: Company Snapshot
Figure 44 The DOW Chemical Company: SWOT Analysis
Figure 45 Koninklijke Dsm N.V.: Company Snapshot
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FEATURED COMPANIES

  • 3M Company
  • Ardex Endure
  • BASF SE
  • Koninklijke Dsm N.V.
  • Milliken & Company
  • Plexi-Chemie, Inc.
  • MORE

It's projected that the industrial floor coating market was valued at USD 4.75 Billion in 2016 and is projected to reach USD 6.07 Billion by 2021, at an estimated CAGR of 5.0% between 2016 and 2021. The industrial floor coating market is expected to witness significant growth as a result of the recovery of the global economy and high rate of industrialization in the Asia-Pacific region. Growth in modern retailing, rise in consumer income and employment, and increase in demand for new commercial and industrial construction projects are some of the other factors influencing the growth of the industrial floor coating market.

This report is segmented on the basis of binder type, coating component, flooring material, end-use sector, and region. The epoxy segment, by binder type, is projected to be the fastest-growing in the industrial floor coating market during the forecast period. The dominant market position of epoxy can be attributed to its superior properties such as high adhesion, impact resistance, flexibility, and chemical and solvent resistance.

On the basis of flooring material, the concrete segment is projected to grow at a higher rate in the forecast period as it is easy to install coating on concrete as compared to the other flooring materials. Factors such as the comparatively lower cost than other materials used for flooring and superior durability and tensile strength make concrete the most widely used material for the construction of industrial floors.

In 2015, the manufacturing sector accounted for a larger share in the industrial floor coating market. This dominant market position is attributed to the exponential growth of the manufacturing industry globally. With the increase in manufacturing activities, the number of production plants have also increased, which has created an opportunity for the application of industrial floor coating in these facilities.

In 2015, the Asia-Pacific region accounted for the largest share and is projected to grow at the fastest rate in the industrial floor coating market from 2016 to 2021. Markets in developing countries such as India, China, South Korea, Brazil, and countries in the Middle East are projected to grow at higher rates from 2016 to 2021, owing to the rapid industrialization and commercialization in these countries.

Poor acceptance of industrial floor coating among the end-users due to pre-defined mindsets about industrial floor coating is a constraint in the growth of industrial floor coating market. Furthermore, lack of awareness about industrial floor coating among end-users is hindering the market growth.

The global market for industrial floor coating is dominated by major players such as PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Akzo Nobel N.V. (Netherlands), BASF SE (Germany), RPM International Inc. (U.S.), 3M Company (U.S.), The Dow Chemical Company (U.S.), Koninklijke DSM N.V. (Netherlands), The Lubrizol Corporation (U.S.) and Asian Paints PPG Pvt. Limited (India). Other key players include Florock Polymer Flooring Systems (U.S.), Nora System, Inc. (Germany), Maris Polymers SA (Greece), Plexi-Chemie, Inc. (U.S.), Grand Polycoats (India), Ardex Endure (India), A&I Coatings (Australia), Milliken & Company (U.S.), Michelman, Inc. (U.S.), Roto Polymers and Chemicals (India), CPC Floor Coatings (U.S.), Tambour (Israel), Apurva India Private Limited (U.S.), ArmorPoxy (India), and Pro Maintenance, Inc. (U.S.). These companies adopted various strategies such as mergers & acquisitions, investments & expansions, and new product launches, to strengthen their position in the market.

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  • 3M Company
  • A&I Coatings
  • Akzo Nobel N.V.
  • Apurva India Private Limited
  • Ardex Endure
  • Armorpoxy
  • Asian Paints PPG Pvt Ltd.
  • BASF SE
  • CPC Floor Coatings
  • The DOW Chemical Company
  • Florock Polymer Flooring Systems
  • Grand Polycoats
  • Koninklijke Dsm N.V.
  • The Lubrizol Corporation
  • Maris Polymers Sa
  • Michelman Inc.
  • Milliken & Company
  • Nora System, Inc.
  • Other Key Players
  • PPG Industries, Inc.
  • PRO Maintenance Inc.
  • Plexi-Chemie, Inc.
  • RPM International Inc.
  • Roto Polymers and Chemicals
  • The Sherwin-Williams Company
  • Tambour
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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