Concrete floor coatings have the ability to exhibit excellent resistance to wear, tear, abrasion and heat. Gaining popularity of epoxy resins on account of exhibiting excellent mechanical properties and high heat resistance is expected to play an important role in driving the concrete floor coatings market in the near future. Additionally, growing awareness towards floor coatings is expected to have a positive impact on the market in the near future. Positive construction industry outlook in BRICS on account of increasing government expenditure on infrastructure improvement is expected to drive concrete floor coatings market. Governments of various countries in the Middle East have started increasingly removing their reliance on the oil & gas industry and are in place focusing on the development of other sectors such as infrastructure, manufacturing, and power. As a result, Saudi Arabia, UAE, and Oman have increased their spending on infrastructure improvement which is expected to augment concrete floor coatings market demand in indoor and outdoor applications in the near future. Growing powder coatings demand coupled with the emergence of epoxy flooring as an eco-friendly alternative is expected to have a positive impact on concrete floor coatings market over the next six years.
EPA and European Commission have passed numerous regulations for restricting the use of coatings comprising of VOCs (Volatile Organic Compounds). This, in turn, is expected to hamper the concrete floor coatings market growth. Advancement in hydraulic fracturing resulted in increased supply of oil & gas, which would ensure raw material availability for the manufacturing of concrete floor coatings in the near future. In April 2012, DSM and Empresa Brasileira de Biotechnologia (Ebrabiotech) signed an agreement to launch bio-based concrete floor coatings. This development is expected to facilitate other market players to pursue their efforts on bio-based concrete coatings.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/concrete-floor-coatings-market
Epoxy based concrete floor coatings were one of the largest segment, accounting for more than 50% of market volume in 2013. Epoxy is expected to remain the dominant segment of the concrete floor coatings market over the next six years on account of its high demand due to low cost. Polyaspartic concrete floor coatings are expected to be one of the most promising product segment on account of offering better UV protection, wear, and abrasion resistance. Other products types used in the market include acrylic and polyurethane coatings. Development of biopolymers such as bio-polyurethane is expected to open new market opportunities for polyurethane coatings market over the next six years.
Indoor application dominated concrete floor coatings market, accounting for more than 50% of global volume in 2013. Concrete floor coatings were majorly used in indoor applications, accounting for more than 50% of market volume in 2013. Growing application scope of floor coatings in industrial and commercial applications on account of providing heat and wear resistance is expected to drive market demand in indoor applications over the next six years. The increasing use of concrete floor coatings in outdoor locations such as basements, garage floor, stairs, and walkways is expected to fuel concrete floor coatings demand in outdoor applications.
Asia Pacific is expected to be one of the largest markets owing to the growth of the construction industry in India and China over the next few years. Governments of China and India have emphasized on infrastructure development as a part of their 12th Five Year Plans, which would have a huge impact on concrete floor coatings market. Raw material availability of epoxy resins is expected to augment market growth in the near future. Infrastructure development in Mexico owing to industrial growth in the automobile and oil & gas sectors is expected to have a positive impact on the concrete floor coatings market in North America. Infrastructure development in Brazil on account of implementation of the Growth Acceleration Program (PAC) coupled with upcoming sports events such as Summer Olympics 2016 is expected to open new market opportunities.
About Grand View Research:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com
EPA and European Commission have passed numerous regulations for restricting the use of coatings comprising of VOCs (Volatile Organic Compounds). This, in turn, is expected to hamper the concrete floor coatings market growth. Advancement in hydraulic fracturing resulted in increased supply of oil & gas, which would ensure raw material availability for the manufacturing of concrete floor coatings in the near future. In April 2012, DSM and Empresa Brasileira de Biotechnologia (Ebrabiotech) signed an agreement to launch bio-based concrete floor coatings. This development is expected to facilitate other market players to pursue their efforts on bio-based concrete coatings.
To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/concrete-floor-coatings-market
Epoxy based concrete floor coatings were one of the largest segment, accounting for more than 50% of market volume in 2013. Epoxy is expected to remain the dominant segment of the concrete floor coatings market over the next six years on account of its high demand due to low cost. Polyaspartic concrete floor coatings are expected to be one of the most promising product segment on account of offering better UV protection, wear, and abrasion resistance. Other products types used in the market include acrylic and polyurethane coatings. Development of biopolymers such as bio-polyurethane is expected to open new market opportunities for polyurethane coatings market over the next six years.
Indoor application dominated concrete floor coatings market, accounting for more than 50% of global volume in 2013. Concrete floor coatings were majorly used in indoor applications, accounting for more than 50% of market volume in 2013. Growing application scope of floor coatings in industrial and commercial applications on account of providing heat and wear resistance is expected to drive market demand in indoor applications over the next six years. The increasing use of concrete floor coatings in outdoor locations such as basements, garage floor, stairs, and walkways is expected to fuel concrete floor coatings demand in outdoor applications.
Asia Pacific is expected to be one of the largest markets owing to the growth of the construction industry in India and China over the next few years. Governments of China and India have emphasized on infrastructure development as a part of their 12th Five Year Plans, which would have a huge impact on concrete floor coatings market. Raw material availability of epoxy resins is expected to augment market growth in the near future. Infrastructure development in Mexico owing to industrial growth in the automobile and oil & gas sectors is expected to have a positive impact on the concrete floor coatings market in North America. Infrastructure development in Brazil on account of implementation of the Growth Acceleration Program (PAC) coupled with upcoming sports events such as Summer Olympics 2016 is expected to open new market opportunities.
About Grand View Research:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: www.grandviewresearch.com
No comments:
Post a Comment