Global Floor Patching Compound Market Growth 2024-2030
The global Floor Patching Compound market size is projected to grow from US$ 453.7 million in 2023 to US$ 706.7 million in 2030; it is expected to grow at a CAGR of 6.5% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Floor Patching Compound Industry Forecast” looks at past sales and reviews total world Floor Patching Compound sales in 2023, providing a comprehensive analysis by region and market sector of projected Floor Patching Compound sales for 2024 through 2030. With Floor Patching Compound sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Floor Patching Compound industry.
This Insight Report provides a comprehensive analysis of the global Floor Patching Compound landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Floor Patching Compound portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Floor Patching Compound market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Floor Patching Compound and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Floor Patching Compound.
Growing Construction and Renovation Activities: The increasing construction and renovation activities, particularly in the residential and commercial sectors, are driving the demand for floor patching compounds. These compounds are used to repair and level floors before the installation of various floor coverings, such as tiles, hardwood, and carpet.Preference for Self-Leveling Compounds: There is a growing preference for self-leveling floor patching compounds due to their ease of application and ability to provide a smooth and level surface. Self-leveling compounds are widely used in commercial and industrial settings where flat and even floors are essential.Focus on Sustainable and Green Building Materials: With the growing emphasis on sustainability and environmental consciousness, there is a trend towards using eco-friendly floor patching compounds. Manufacturers are developing products that are low in volatile organic compounds (VOCs) and environmentally friendly.
This report presents a comprehensive overview, market shares, and growth opportunities of Floor Patching Compound market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Powder
Paste
Other
Segmentation by application
Business
Household
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DAP Products Inc.
Custom Building Products
Henry Company
MAPEI Corporation
Ardex Americas
Sika Corporation
Laticrete International
USG Corporation
Rust-Oleum Corporation
QUIKRETE Companies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Floor Patching Compound market?
What factors are driving Floor Patching Compound market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Floor Patching Compound market opportunities vary by end market size?
How does Floor Patching Compound break out type, application?
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