The EMEAI (Europe, Middle East, Africa, and India) Resin Floor Coatings Market is expected to grow steadily from $1,945.5 million in 2023 to $3,247.7 million by 2032, with a compound annual growth rate (CAGR) of 5.8% during the forecast period. This development is fueled by the increasing demand for durable flooring solutions across a variety of industries, as well as technological advancements and increased construction activities.
The EMEAI Resin Floor Coatings Market is anticipated to expand from $1,524.4 million in 2018 to $1,945.5 million in 2023 and from $2,069.9 million in 2024 to $3,247.7 million by 2032, with a compound annual growth rate (CAGR) of 5.8% during the forecast period.
Resin floor coatings are protective surface layers that are crafted from synthetic resins. They are intended to provide floors with aesthetically appealing, seamless, and long-lasting finishes. The efficacy and longevity of concrete or other substrate surfaces are improved by the application of these coatings, which are typically made up of materials such as epoxy, polyurethane, acrylic, or polyaspartic resins.
Resin floor compounds are renowned for their exceptional durability, durability, resistance to chemicals, abrasion, and moisture, and their capacity to withstand heavy foot traffic and mechanical wear. They are extensively employed in a variety of environments, such as industrial facilities, warehouses, commercial structures, and residential spaces, to safeguard floors from damage, enhance safety with anti-slip properties, and produce visually appealing finishes in a variety of colors and textures.
Furthermore, resin floor coatings are highly regarded for their effortless maintenance, as they offer a seamless surface that is effortlessly cleanable and resistant to stains. This makes them an ideal choice for environments where sanitation is of the utmost importance, such as hospitals, laboratories, and food processing plants.
Market Segmentation
The EMEAI resin floor coatings market is segmented into Water-Borne, Solvent-Borne, and Others based on technology.
The EMEAI resin floor coatings market is segmented into the following categories: Epoxy, Polyurethane, Acrylic, Polyaspartic, Polymethyl Methacrylate, and Others. This segmentation is based on the type of product.
The EMEAI resin floor coatings market is segmented into One-Component, Two-Component, Three-Component, and Others, based on component.
The EMEAI resin floor coatings market is segmented into categories such as Concrete, Wood, Terrazzo, and Others, based on their application.
The market is segmented into the following categories: Intumescent Resin Floor Coating, Anticorrosion Resin Floor Coating, Waterproof Resin Floor Coating, Chemical Resistance Resin Floor Coating, and Others. This segmentation is based on functionality.
The EMEAI resin floor coatings market is segmented into four categories: Manufacturing & Processing, Energy, High Value Infrastructure, and Others. These categories are based on end-use.
Key Participants
PPG Industries, 3M, Silikal GmbH, Lanexis Enterprises (P) Ltd., Flowcrete Group Ltd., Nataaj Engineering, Altro Limited, Stonhard, Cipy Polyurethanes Pvt. Ltd., Jemkon Private Limited, and Sakshi Coating Pvt. Ltd. are among the key players in the EMEAI resin floor coatings market.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook