Concrete Floor Coatings Market
Indoor Floor Coatings to Emerge as Leading Revenue Generator for Market The indoor floor coatings segment emerged dominant in terms of popularity and high consumption with a share over 50 %. Recently , there has been a substantial increase in the demand for concrete floor coatings employed in applications of indoor floor coatings due to the rising prominence of floor coatings , especially in the commercial and industrial sector . Based on product type , the global concrete floor coatings market was led by epoxy based concrete floor coatings in 2013 with a share of approximately 50 % in the same year .
The second most popular product type was polyaspartics based concrete floor coatings . The high demand for epoxy coatings can be attributed to its low cost and benefits such as resistance to chemicals and heat , better insulating properties , and excellent adhesion .
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Asia Pacific to Give Neck-to-Neck Competition to North America Region-wise , North America led the market in 2013 closely followed by Asia Pacific in terms of consumption . Although North America continues to be the leading market , the market in Asia Pacific is expected to challenge North America with full force .
The growing population and urbanization in Asia Pacific has given impetus to the sales if concrete floor coatings in the region in the last few years and this trends is likely to gain traction in the near future as well . The market in North America is growing owing to the recovering construction sector , especially in the U . S .
The leading companies in the global concrete floor coatings market are PPG Industries , The Valspar Corporation , RPM International Inc ., DSM , Sherwin-Williams , and BASF SE .
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