World Concrete Floor Coatings Market to Post 6.73% CAGR to 2021, States Infiniti Research in Its New Report Published at MarketPublishers.com23 Jun 2017 • by Natalie Aster
LONDON – The global market for concrete floor coatings is anticipated to witness a 6.73% CAGR from 2017 till 2021. The growth in the sector is being largely driven by the benefits of the usage of epoxy resin coatings. Epoxy resins have seen an increase in demand owing to their inexpensiveness and ease of maintenance. Furthermore, due to their added advantages comprising improved appearance, excellent durability, greater productivity, better safety, and sustainability, these resins have found use in other applications like adhesives, electronic materials, and matrices for fibered composites. However, high operating costs could be an obstacle to the market development.
One of the most recent trends that are set to gather speed in this global marketplace in the offing is the infrastructural development along with the growth in the emerging markets. On account of the increase in the investments in infrastructural development and various construction projects, the market for concrete floor coatings is poised to witness considerable growth in the emerging world. The overall market growth is also set to be fuelled by a hike in the demand for high-quality, high-performance resin from both the non-residential and residential sectors in these countries.
Some of the leading vendors in the market include BASF, RPM International, DSM, The Sherwin-Williams, and PPG Industries.
New research report “Global Concrete Floor Coatings Market 2017-2021” created by Infiniti Research provides an extensive examination of the market globally and across the key regions (APAC, Americas, and EMEA) and key countries in them. It offers a shrewd assessment of the major market segments based on product type and application. This research study thoroughly examines the market dynamics covering the factors driving the concrete floor coatings market, pinpointing the main challenges to the sector’s growth, and casting light on the prevalent trends in the industry. It limelights the competitive scenario and focuses on the influential vendors as well as a number of other prominent market participants. The research report gives an overview of the major threats and opportunities faced by the players. It also discusses the trending factors impacting the market shares of the regions covered. The research study provides detailed market size estimates and growth rates, historical and forecast.
For more market research studies by the publisher visit Infiniti Research page at MarketPublishers.com.