New Product Launches are Some of the Major Strategies Adopted by the Industrial Floor Coating Market


Posted May 7, 2019 by abhijeetw1

The industrial floor coating market size is estimated to grow from USD 4.75 Billion in 2016 to USD 6.07 Billion by 2021, at a CAGR of 5.0%.

 
Industrial floor coating provides repair, maintenance, and protection solutions to a wide array of flooring requirements in industrial and commercial areas. It can be defined as a thin layer coating on a floor structure to prevent the floor from exposure to different types of chemical and other substances. MarketsandMarkets projects that the industrial floor coating market size will grow from USD 4.75 Billion in 2016 to USD 6.07 Billion by 2021, at a compound annual growth rate (CAGR) of 5.0% from 2016. The increase in demand for industrial floor coating from the manufacturing, aviation & transportation, and food processing sector is driving the growth of the industrial floor coating market.

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The global market for the industrial floor coating markets is dominated by major players of the construction paints & coating industry. PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Akzo Nobel N.V. (Netherlands), BASF SE (Germany), RPM International Inc. (U.S.), 3M Company (U.S.), The Dow Chemical Company (U.S.), and Koninklijke DSM N.V. (Netherlands), The Lubrizol Corporation (U.S.) Asian Paints PPG Pvt. Limited (India), Florock Polymer Flooring Systems (U.S.), Nora System, Inc. (Germany), Maris Polymers SA (Greece), Plexi-Chemie, Inc. (U.S.), Grand Polycoats (India), Ardex Endure (India), A&I Coatings (Australia), Milliken & Company (U.S.), Michelman, Inc. (U.S.), Roto Polymers and Chemicals (India), CPC Floor Coatings (U.S.), Tambour (Israel), Apurva India Private Limited (U.S.), ArmorPoxy (India), and Pro Maintenance, Inc. (U.S.) are the leading manufacturers operating in the industrial floor coating market. These players adopted various strategies to expand their global presence and increase their market share. Mergers & acquisitions, investments & expansions, and new product launches are some of the major strategies adopted by the market players to achieve growth in the industrial floor coating market.

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Target Audience

Raw material suppliers
Floor coating manufacturers
Architects & engineers
Construction contractors
Logistics partners
Machinery suppliers
Regulatory bodies
Building system associations
Industrial floor coating related technology investors
Advanced floor coating researchers and developers
Market research and consulting firms

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Mr. Shelly Singh
MarketsandMarkets™ INC.
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Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]
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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags floor coating market , industrial floor coating , industrial floor coating market
Last Updated May 7, 2019