Global Industrial Floor Coating Market Overview:
Industrial floor coatings are used to extend the life of concrete floors in industrial facilities, warehouses, and logistic centers. These floor coatings are easy to install, seamless and easy to clean comes in a variety of colors, surface textures and with a matte and glossy finish. It can be applied to floors under most existing environmental conditions. There are different types of coatings with their mechanical properties such as hardness, durability, abrasion, impact and chemical resistance. It prevents the attack from a chemical such as those founds in oils, bleach, and cleaners. These floor coatings are designed to suit the specific condition of various industries including automotive, electronics, chemical, food and beverage and parking garages.
- Industrial Floor Coatings Provide a Safe, Long-Lasting Solution for Any Industrial Environment
- Growing Demand from Various Industries Such as Automotive, Chemical, Healthcare, and Others Globally
- Recent Trends in Industrial Floor Coatings are Towards Seamless Flooring
- Rising Trend Due To It Extends the Service Life of Any Unprotected Concrete Floor
- Epoxy Floor Coating is Temporary Flooring Solutions
- Adoption of Industrial Coating in Residential & Commercial Applications
- Growing Industrial Construction Worldwide
- Concrete Floors are Expensive to Replace or Maintain
- Chemical Reaction of the Polymeric Materials Must Be Controlled For Successful Installation
Some of the key players profiled in the report are BASF (Germany), PPG Industries (United States), Sherwin-Williams (United States), DSM (Netherlands), Hankinson EPIC (United Kingdom), RPM International Inc. (United States), AkzoNobel (Netherlands), Nippon Paint Holdings Co. (Japan), Axalta Coating Systems (United States), Kansai Paint Co. Ltd. (Japan), Asian Paints Ltd. (India), Good Earth Minerals Pvt. Ltd. (India), Perma Construction Aids Pvt. Ltd. (India) and Premium Coatings and Chemicals Pvt Ltd (India). Analyst at AdvanceMarketAnalytics see United States and Asia Pacific Vendors to retain maximum share of Global Industrial Floor Coating market by 2025. Considering Market by Material Types, the sub-segment i.e. Concerte will boost the Industrial Floor Coating market. Considering Market by Coating Type, the sub-segment i.e. Water Borne will boost the Industrial Floor Coating market. Considering Market by Components Type, the sub-segment i.e. One Component will boost the Industrial Floor Coating market. Considering Market by Resin Types, the sub-segment i.e. Epoxy will boost the Industrial Floor Coating market. Considering Market by Type of Services, the sub-segment i.e. Installation will boost the Industrial Floor Coating market.
In January 2019, Epoxy Oilserv, an industrial supply, and chemical production company launched Nigeria’s best solvent degreaser- Epochem 530. Epochem 530 is a blend of solvents that will attack and dissolve grease, oil tar and insoluble matter generally encountered in Industrial and marine environment.
In June 2019, WEG Coating Business Unit, the largest manufacturer of powder coatings in Latin America launched the Urethane line floor protection product. Urethane was specifically produced for floor coating in food and beverage areas due to its high resistance to chemicals and its antimicrobial properties.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Industrial Floor Coating market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Industrial Floor Coating market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Industrial Floor Coating Manufacturer, Raw Material Suppliers, Industrial Floor Coating Supplier/Distributer, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.