Title: Industrial Floor Coating Market Growth, Share, Analysis & Forecast, 2017-2024
1Industrial Floor Coating Market Share by
Applications and Regions for 2017-2024
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2- Industrial floor coatings market is thriving on
the cusp of rapid urbanization and
industrialization, as the importance for flooring
has been depicting a rise across various
industrial sectors. Most of the companies have
been renovating their floors to install smooth
and protective coatings, as unprotected flooring
leads to regular wear and tear. - Most companies in industrial floor coatings
industry have been undertaking collective efforts
to usher in a range of bio-based materials to be
used in flooring. Nanotech Industries, Inc., for
instance, has recently patented a technology
called Green Polyurethane, the commercialization
of which has already garnered massive prominence.
- The product exhibits high durability, weather
resistance, thermal shock endurance, and chemical
resistance. On these grounds, it held more than
25 of industrial floor coatings market, and is
expected to register a CAGR of more than 6.5
over 2017-2024.
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3- This growth can be undeniably attributed to the
numerous benefits delivered by this product,
prominent ones being, high flexibility, excellent
adhesion, solvent resistance, mechanical impact
resistance, effective single-coat layering, and
high resilience. - As per experts, the future depicts positive
growth prospects for industrial floor coatings
market. Having recorded a base valuation of more
than USD 3.5 billion in 2016, it has been
forecast that industrial floor coatings market
size may nearly double by 2024 as per analyst
predictions, this business space may be valued
for more than USD 6 billion by 2024. - Asia Pacific industrial floor coatings industry
will exhibit an annual growth rate of more than
6.5 over the coming seven years. Various
manufacturing and food processing companies have
also been giving preference to APAC, owing to the
favorable regulatory landscape.
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5- This is Industrial floor coatingsmarket research
report offers in-depth analysis, key industry
insights, market sizing forecast on a granular
level for key products, applications across a
number of regional markets. The report also
analyzes the Industrial floor coatings industry
from business strategy perspective, describing in
detail growth drivers, pitfalls challenges for
participants, accompanied by a detailed
competitive benchmarking including company market
share analysis and detailed business profiles. - Reasons to Buy This Report
- Industrial floor coatings market size forecast
by product application - Growth drivers, pitfalls industry challenges
- Key is Industrial floor coatings market growth
opportunities emerging business models - Competitive benchmarking with market share
analysis and company profiles -
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6Competitive Trends
- The notable industries in Industrial floor
coatings market are - PPG Industries
- Axalta Coating Systems
- Kansai Paints
- Asian Paints
- BASF
- Akzo Nobe
- RPM International
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