According to Occupational Safety and Health Administration (OSHA) Floor Marking Guidelines, “Where mechanical handling equipment is used, sufficient safe clearances shall be allowed for aisles, at loading docks, through doorways and wherever turns or passage must be made. Aisles and passageways shall be kept clear and in good repair, with no obstruction across or in aisles that could create a hazard. Permanent aisles and passageways shall be appropriately marked.”
According to the report, Growing Consumer Demand for the Protective and Glossy Surface Paints is one of the primary growth factors for the market. Rapid Industrialization coupled with Growing Construction Activities
is also expected to contribute significantly to the Floor Paints market. Overall, applications of Floor Paints, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Film Drying / Air Setting, is boosting the Floor Paints market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Form, such as Aerosol, is boosting the Floor Paints market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Functions, such as Anti-Static / ESD Control, is boosting the Floor Paints market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Substrate/Surface, such as Aluminum, is boosting the Floor Paints market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Floor Paints market identified that the demand is rising in many different parts of the world as "Rising Government Spending on Infrastructure Activities can create Opportunities for Floor Paints Market Growth". Furthermore, some recent industry insights like "On 29th September 2020, PPG launches a Comprehensive Line of flooring coatings. The flooring coatings include prime cost, base coats, and topcoats. It also provides optimum performance based on the specific work environment." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Floor Paints market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Floor Paints market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Floor Paints market size is calculated using market estimation process, the Floor Paints market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Floor Paints market size has been validated using both top-down and bottom-up approaches.