Zion Market Research Concrete floor coatings market, 2016 - 2024 | Page 3
Concrete Floor Coatings Market
Concrete Floor Coatings Market: Growth Factors
The increase in the infrastructure industry and growing awareness regarding floor coatings have
become significant factors for the growth of the global concrete floor coatings market. Concrete
floor coatings are mainly used in indoor applications. Outdoor applications also are now using
concrete floor coatings; for example, sports stadiums for games such as rugby, tennis, ice
hockey, and football are promoting the use of concrete floor coatings. People around the world
have started to understand the importance of flooring; hence the demand for concrete floor
coatings has also increased. Epoxy coatings provide excellent adhesion, good insulating
properties, and resistance to heat and chemicals. The low cost of epoxy coatings acts in favor
toward the market growth. Recently, BestTech Coatings, with the help of a new technology, has
introduced a new type of coating. Epoxy is used for a polished concrete floor in order to reach a
grit level of 800 or 3000, a value higher than normal grit level. Over a period of time, concrete
floor coatings begin to emit VOCs. VOCs have harmful effects on the human health, thus its
usage has been restricted. Hence, this factor may act as a market restraint, negatively
impacting the global market growth in future.
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