
North America Floor Coatings Market Research Report Forecast till 2027
Description
North America Floor Coatings Market Research Report Forecast till 2027
North America Floor Coatings Market Forecast till 2027
Market Overview
The North America floor coatings market is expected to witness significant market expansion at a CAGR of 6.8% to surpass USD 883.16 million by the end of 2027. Floor coatings are used in applications of heavy surface wear or corrosion as they are tough, protective layers. The end-use areas include residential, commercial, and industrial applications. Some of the major application areas in industrial and commercial floor coatings include pharmaceutical manufacturing, research and laboratory facilities, hospitals and medical offices, food manufacturing and bottling facilities, restaurants and breweries, and warehousing and distribution facilities.
The North America Floor Coatings Market growth is attributed to the rising demand for floor coatings for residential, commercial, and industrial constructions is the primary factor that is expected to boost the growth of the North America floor coatings market. The market expansion is propelled by the growing construction industry in North America with an increasingly urban population. Furthermore, the increasing demand for environmentally friendly coatings, such as water-borne coatings and UV cure technology coatings, is enhancing an opportunity for the manufacturers in the market. Additionally, an increase in mergers and acquisitions by prominent manufacturers is expected to provide many growth opportunities for the market players during the forecast period. However, the stringent government regulations towards floor coatings in the region may restrain the North America floor coatings market expansion during the forecast period.
Market Segmentation
In this report, the North America floor coatings market has been categorized by technology, product type, component, application, end-use, and country.
Based on technology, the market has been divided into water-borne, solvent-borne, and others. The water-borne segment accounted for the largest share of 55.3% in 2019 owing to an increase in demand for low-VOC coatings and environmentally friendly coatings.
By product type, the market has been classified into epoxy, polyurethane, acrylic, cement, polyaspartic, and others. In terms of the component segment, the market has been divided into one component, two-component, three-component, and others. Based on application, the market has been divided into concrete, wood, terrazzo, and others. By end-use, the North America floor coatings market has been classified into residential, commercial, and industrial. The industrial segment dominated the market with a share of 41.9% by value in 2019 owing to increased consumption of floor coatings in the processing industries.
Regional Analysis
Based on region North America Floor Coatings Market has been divided into the US and Canada.
The US is expected to lead the market owing to the largest share of 88.5% in 2019. The regional market growth is anticipated by the growing industrialization and commercialization in the country. The market is expected to register a CAGR of 6.8% to record USD 787.40 million by the end of 2027.
Major Players
The key market competitors of the North America Floor Coatings Market include 3M, PPG Industries, Akzo Nobel, The Sherwin Williams, and DSM.
Companies Mentioned
3M,
PPG Industries,
Akzo Nobel,
The Sherwin Williams,
and DSM
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
North America Floor Coatings Market Forecast till 2027
Market Overview
The North America floor coatings market is expected to witness significant market expansion at a CAGR of 6.8% to surpass USD 883.16 million by the end of 2027. Floor coatings are used in applications of heavy surface wear or corrosion as they are tough, protective layers. The end-use areas include residential, commercial, and industrial applications. Some of the major application areas in industrial and commercial floor coatings include pharmaceutical manufacturing, research and laboratory facilities, hospitals and medical offices, food manufacturing and bottling facilities, restaurants and breweries, and warehousing and distribution facilities.
The North America Floor Coatings Market growth is attributed to the rising demand for floor coatings for residential, commercial, and industrial constructions is the primary factor that is expected to boost the growth of the North America floor coatings market. The market expansion is propelled by the growing construction industry in North America with an increasingly urban population. Furthermore, the increasing demand for environmentally friendly coatings, such as water-borne coatings and UV cure technology coatings, is enhancing an opportunity for the manufacturers in the market. Additionally, an increase in mergers and acquisitions by prominent manufacturers is expected to provide many growth opportunities for the market players during the forecast period. However, the stringent government regulations towards floor coatings in the region may restrain the North America floor coatings market expansion during the forecast period.
Market Segmentation
In this report, the North America floor coatings market has been categorized by technology, product type, component, application, end-use, and country.
Based on technology, the market has been divided into water-borne, solvent-borne, and others. The water-borne segment accounted for the largest share of 55.3% in 2019 owing to an increase in demand for low-VOC coatings and environmentally friendly coatings.
By product type, the market has been classified into epoxy, polyurethane, acrylic, cement, polyaspartic, and others. In terms of the component segment, the market has been divided into one component, two-component, three-component, and others. Based on application, the market has been divided into concrete, wood, terrazzo, and others. By end-use, the North America floor coatings market has been classified into residential, commercial, and industrial. The industrial segment dominated the market with a share of 41.9% by value in 2019 owing to increased consumption of floor coatings in the processing industries.
Regional Analysis
Based on region North America Floor Coatings Market has been divided into the US and Canada.
The US is expected to lead the market owing to the largest share of 88.5% in 2019. The regional market growth is anticipated by the growing industrialization and commercialization in the country. The market is expected to register a CAGR of 6.8% to record USD 787.40 million by the end of 2027.
Major Players
The key market competitors of the North America Floor Coatings Market include 3M, PPG Industries, Akzo Nobel, The Sherwin Williams, and DSM.
Companies Mentioned
3M,
PPG Industries,
Akzo Nobel,
The Sherwin Williams,
and DSM
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
108 Pages
- 1 Executive Summary
- 1.1.1 North America Floor Coatings Market, By Technology
- 1.1.2 North America Floor Coatings Market, By Product Type
- 1.1.3 North America Floor Coatings Market, By Component
- 1.1.4 North America Floor Coatings Market, By Application
- 1.1.5 North America Floor Coatings Market, By End-use
- 1.1.6 North America Floor Coatings Market, By Country
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Market Structure
- 3 Research Methodology
- 3.1 Research Process
- 3.2 Primary Research
- 3.3 Secondary Research
- 3.4 Market Size Estimation
- 3.5 Top-down And Bottom-up Approach
- 3.6 Forecast Model
- 3.7 List Of Assumptions
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Growth Of The Construction Industry
- 4.2.2 Growing Demand For Concrete Flooring
- 4.2.3 Drivers Impact Analysis
- 4.3 Restraint
- 4.3.1 Stringent Regulations
- 4.3.2 Restraint Impact Analysis
- 4.4 Opportunities
- 4.4.1 Increasing Demand For Environment-friendly Floor Coatings
- 4.4.2 Mergers And Acquisitions Create Growth Opportunities
- 4.5 Trends
- 5 Market Factor Analysis
- 5.1.1 Raw Material Suppliers
- 5.1.2 Producers
- 5.1.3 Distribution Channel
- 5.1.4 End Use
- 5.2 Porter’s Five Forces Model
- 5.2.1 Threat Of New Entrants
- 5.2.2 Rivalry
- 5.2.3 Threat Of Substitutes
- 5.2.4 Bargaining Power Of Suppliers
- 5.2.5 Bargaining Power Of Buyers
- 5.3 Pricing Analysis (Usd/Ton)
- 5.4 Impact Of Covid 19 Outbreak On The North America Floor Coatings Market
- 5.4.1 Overview Of Supply And Demand Scenario
- 5.4.2 Impact On Supply Chain
- 5.4.2.1 Raw Material Supply
- 5.4.2.2 Impact On Manufacturers
- 5.4.2.3 Impact On Sales & Distribution
- 5.4.2.4 Impact On End-use Industry
- 5.4.3 Major Government Policies To Counter Impact Of Covid-19
- 6 North America Floor Coatings Market, By Technology
- 6.1 Introduction
- 6.2 Water-borne
- 6.3 Solvent-borne
- 6.4 Others
- 7 North America Floor Coatings Market, By Product Type
- 7.1 Introduction
- 7.2 Epoxy
- 7.3 Polyurethane
- 7.4 Acrylic
- 7.5 Cement
- 7.6 Polyaspartic
- 7.7 Others
- 8 North America Floor Coatings Market, By Component
- 8.1 Introduction
- 8.2 One-component
- 8.3 Two-component
- 8.4 Three-component
- 8.5 Others
- 9 North America Floor Coatings Market, By Application
- 9.1 Introduction
- 9.2 Concrete
- 9.3 Wood
- 9.4 Terrazzo
- 9.5 Others
- 10 North America Floor Coatings Market, By End Use
- 10.1 Introduction
- 10.2 Residential
- 10.3 Commercial
- 10.4 Industrial
- 11 North America Floor Coatings Market, By Country
- 11.1 Introduction
- 11.2 Us
- 11.3 Canada
- 12 Competitive Landscape
- 12.1 Introduction
- 12.2 Market Strategy Analysis
- 12.3 Key Developments & Growth Strategies
- 12.4 Competitive Benchmarking
- 13 Company Profiles
- 13.1 3m
- 13.1.1 Company Overview
- 13.1.2 Financial Overview
- 13.1.3 Products Offered
- 13.1.4 Key Developments
- 13.1.5 Swot Analysis
- 13.1.6 Key Strategies
- 13.2 Akzo Nobel N.V.
- 13.2.1 Company Overview
- 13.2.2 Financial Overview
- 13.2.3 Products Offered
- 13.2.4 Key Developments
- 13.2.5 Swot Analysis
- 13.2.6 Key Strategies
- 13.3 Ppg Industries, Inc.
- 13.3.1 Company Overview
- 13.3.2 Financial Overview
- 13.3.3 Products Offered
- 13.3.4 Key Developments
- 13.3.5 Swot Analysis
- 13.3.6 Key Strategies
- 13.4 The Sherwin-williams Company
- 13.4.1 Company Overview
- 13.4.2 Financial Overview
- 13.4.3 Products Offered
- 13.4.4 Key Development
- 13.4.5 Swot Analysis
- 13.4.6 Key Strategies
- 13.5 Mbcc Group
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategies
- 13.6 Dow
- 13.6.1 Company Overview
- 13.6.2 Financial Overview
- 13.6.3 Products Offered
- 13.6.4 Key Development
- 13.6.5 Swot Analysis
- 13.6.6 Key Strategies
- 13.7 Florock
- 13.7.1 Company Overview
- 13.7.2 Financial Overview
- 13.7.3 Products Offered
- 13.7.4 Key Developments
- 13.7.5 Swot Analysis
- 13.7.6 Key Strategies
- 13.8 Asian Paints Ppg Pvt. Limited
- 13.8.1 Company Overview
- 13.8.2 Financial Overview
- 13.8.3 Products Offered
- 13.8.4 Key Developments
- 13.8.5 Swot Analysis
- 13.8.6 Key Strategies
- 13.9 Axalta Coating Systems Ltd
- 13.9.1 Company Overview
- 13.9.2 Financial Overview
- 13.9.3 Products Offered
- 13.9.4 Key Developments
- 13.9.5 Swot Analysis
- 13.9.6 Key Strategies
- 13.10 Dsm
- 13.10.1 Company Overview
- 13.10.2 Financial Overview
- 13.10.3 Products Offered
- 13.10.4 Key Developments
- 13.10.5 Swot Analysis
- 13.10.6 Key Strategies
- 13.11 Rpm International Inc
- 13.11.1 Company Overview
- 13.11.2 Financial Overview
- 13.11.3 Products Offered
- 13.11.4 Key Developments
- 13.11.5 Swot Analysis
- 13.11.6 Key Strategies
- 13.12 The Lubrizol Corporation
- 13.12.1 Company Overview
- 13.12.2 Financial Overview
- 13.12.3 Products Offered
- 13.12.4 Key Development
- 13.12.5 Swot Analysis
- 13.12.6 Key Strategies
- 14 Appendix
- 14.1 References
- 14.2 Related Reports
- List Of Tables
- Table 1 List Of Assumptions
- Table 2 Pricing Analysis, By Country (Usd/Ton)
- Table 3 North America Floor Coatings Market, By Technology, 2018–2027 (Usd Million)
- Table 4 North America Floor Coatings Market, By Technology, 2018–2027 (Kilo Tons)
- Table 5 North America Floor Coatings Market, By Product Type, 2018–2027 (Usd Million)
- Table 6 North America Floor Coatings Market, By Product Type, 2018–2027 (Kilo Tons)
- Table 7 North America Floor Coatings Market, By Component, 2018–2027 (Usd Million)
- Table 8 North America Floor Coatings Market, By Component, 2018–2027 (Kilo Tons)
- Table 9 North America Floor Coatings Market, By Application, 2018–2027 (Usd Million)
- Table 10 North America Floor Coatings Market, By Application, 2018–2027 (Kilo Tons)
- Table 11 North America Floor Coatings Market, By End Use, 2018–2027 (Usd Million)
- Table 12 North America Floor Coatings Market, By End Use, 2018–2027 (Kilo Tons)
- Table 13 North America Floor Coatings Market, By Country, 2018–2027 (Usd Million)
- Table 14 North America Floor Coatings Market, By Country, 2018–2027 (Kilo Tons)
- Table 15 North America Floor Coatings Market, By Technology, 2018–2027 (Usd Million)
- Table 16 North America Floor Coatings Market, By Technology, 2018–2027 (Kilo Tons)
- Table 17 North America Floor Coatings Market, By Product Type, 2018–2027 (Usd Million)
- Table 18 North America Floor Coatings Market, By Product Type, 2018–2027 (Kilo Tons)
- Table 19 North America Floor Coatings Market, By Component, 2018–2027 (Usd Million)
- Table 20 North America Floor Coatings Market, By Component, 2018–2027 (Kilo Tons)
- Table 21 North America Floor Coatings Market, By Application, 2018–2027 (Usd Million)
- Table 22 North America Floor Coatings Market, By Application, 2018–2027 (Kilo Tons)
- Table 23 North America Floor Coatings Market, By End Use, 2018–2027 (Usd Million)
- Table 24 North America Floor Coatings Market, By End Use, 2018–2027 (Kilo Tons)
- Table 25 Us Floor Coatings Market, By Technology, 2018–2027 (Usd Million)
- Table 26 Us Floor Coatings Market, By Technology, 2018–2027 (Kilo Tons)
- Table 27 Us Floor Coatings Market, By Product Type, 2018–2027 (Usd Million)
- Table 28 Us Floor Coatings Market, By Product Type, 2018–2027 (Kilo Tons)
- Table 29 Us Floor Coatings Market, By Component, 2018–2027 (Usd Million)
- Table 30 Us Floor Coatings Market, By Component, 2018–2027 (Kilo Tons)
- Table 31 Us Floor Coatings Market, By Application, 2018–2027 (Usd Million)
- Table 32 Us Floor Coatings Market, By Application, 2018–2027 (Kilo Tons)
- Table 33 Us Floor Coatings Market, By End Use, 2018–2027 (Usd Million)
- Table 34 Us Floor Coatings Market, By End Use, 2018–2027 (Kilo Tons)
- Table 35 Canada Floor Coatings Market, By Technology, 2018–2027 (Usd Million)
- Table 36 Canada Floor Coatings Market, By Technology, 2018–2027 (Kilo Tons)
- Table 37 Canada Floor Coatings Market, By Product Type, 2018–2027 (Usd Million)
- Table 38 Canada Floor Coatings Market, By Product Type, 2018–2027 (Kilo Tons)
- Table 39 Canada Floor Coatings Market, By Component, 2018–2027 (Usd Million)
- Table 40 Canada Floor Coatings Market, By Component, 2018–2027 (Kilo Tons)
- Table 41 Canada Floor Coatings Market, By Application, 2018–2027 (Usd Million)
- Table 42 Canada Floor Coatings Market, By Application, 2018–2027 (Kilo Tons)
- Table 43 Canada Floor Coatings Market, By End Use, 2018–2027 (Usd Million)
- Table 44 Canada Floor Coatings Market, By End Use, 2018–2027 (Kilo Tons)
- Table 45 Key Developments & Growth Strategies
- Table 46 3m: Products Offered
- Table 47 Akzo Nobel N.V.: Products Offered
- Table 48 Ppg Industries, Inc.: Products Offered
- Table 49 Ppg Industries, Inc.: Key Developments
- Table 50 The Sherwin-williams Company: Products Offered
- Table 51 The Sherwin-williams Company: Key Developments
- Table 52 Mbcc Group: Products Offered
- Table 53 Dow: Products Offered
- Table 54 Florock Polymer Flooring: Products Offered
- Table 55 Florock Polymer Flooring: Key Developments
- Table 56 Asian Paints Ppg Pvt. Limited: Products Offered
- Table 57 Axalta Coating Systems Ltd: Products Offered
- Table 58 Dsm: Products Offered
- Table 59 Dsm: Key Developments
- Table 60 Rpm International Inc.: Products Offered
- Table 61 The Lubrizol Corporation: Products Offered
- Table 62 The Lubrizol Corporation: Key Developments
- List Of Figures
- Figure 1 Market Synopsis
- Figure 2 North America Floor Coatings Market Analysis, By Technology
- Figure 3 North America Floor Coatings Market Analysis, By Product Type
- Figure 4 North America Floor Coatings Market Analysis, By Component
- Figure 5 North America Floor Coatings Market Analysis, By Application
- Figure 6 North America Floor Coatings Market Analysis, By End-use
- Figure 7 North America Floor Coatings Market Analysis, By Country
- Figure 8 North America Floor Coatings Market: Market Structure
- Figure 9 Research Process Of Mrfr
- Figure 10 Market Dynamics Of The North America Floor Coatings Market
- Figure 11 Urban Population Estimates & Forecast In The Us (2010–2027)
- Figure 12 Us Construction Spending History, March’19-january’21
- Figure 13 Drivers Impact Analysis: North America Floor Coatings Market
- Figure 14 Restraint Impact Analysis: North America Floor Coatings Market
- Figure 15 Supply Chain: North America Floor Coatings Market
- Figure 16 Porter's Five Forces Analysis: North America Floor Coatings Market
- Figure 17 North America Floor Coatings Market, By Technology, 2018–2027 (Usd Million)
- Figure 18 North America Floor Coatings Market, By Technology, 2018–2027 (Kilo Tons)
- Figure 19 North America Floor Coatings Market, By Product Type, 2018–2027 (Usd Million)
- Figure 20 North America Floor Coatings Market, By Product Type, 2018–2027 (Kilo Tons)
- Figure 21 North America Floor Coatings Market, By Component, 2018–2027 (Usd Million)
- Figure 22 North America Floor Coatings Market, By Component, 2018–2027 (Kilo Tons)
- Figure 23 North America Floor Coatings Market, By Application, 2018–2027 (Usd Million)
- Figure 24 North America Floor Coatings Market, By Application, 2018–2027 (Kilo Tons)
- Figure 25 North America Floor Coatings Market, By End Use, 2018–2027 (Usd Million)
- Figure 26 North America Floor Coatings Market, By End Use, 2018–2027 (Kilo Tons)
- Figure 27 North America Floor Coatings Market, By Country, 2019 (% Share)
- Figure 28 North America Floor Coatings Market By Country, 2018–2027 (Usd Million)
- Figure 29 North America Floor Coatings Market By Country, 2018–2027 (Kilo Tons)
- Figure 30 3m: Financial Overview Snapshot
- Figure 31 3m: Swot Analysis
- Figure 32 Akzo Nobel N.V.: Financial Overview Snapshot
- Figure 33 Akzo Nobel N.V.: Swot Analysis
- Figure 34 Ppg Industries, Inc.: Financial Overview Snapshot
- Figure 35 Ppg Industries, Inc.: Swot Analysis
- Figure 36 The Sherwin-williams Company: Financial Overview Snapshot
- Figure 37 The Sherwin-williams Company: Swot Analysis
- Figure 38 Mbcc Group: Swot Analysis
- Figure 39 Dow: Financial Overview Snapshot
- Figure 40 Dow: Swot Analysis
- Figure 41 Florock Polymer Flooring: Swot Analysis
- Figure 42 Asian Paints Ppg Pvt. Limited: Swot Analysis
- Figure 43 Axalta Coating Systems Ltd: Financial Overview Snapshot
- Figure 44 Axalta Coating Systems Ltd: Swot Analysis
- Figure 45 Dsm: Financial Overview Snapshot
- Figure 46 Dsm: Swot Analysis
- Figure 47 Rpm International Inc.: Financial Overview Snapshot
- Figure 48 Rpm International Inc.: Swot Analysis
- Figure 49 The Lubrizol Corporation: Swot Analysis
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