2022 Industrial Floor Coatings Market - Regional Revenue, Trend and Growth Forecast-2028

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Industrial Floor Coatings Market to at over 7.2
CAGR from 2022 to 2028 Global Market Insights,
Inc.
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Overview of Industrial Floor Coatings Market

• In a bid to gain a robust competitive edge in the
  industrial floor coatings market,
  Sherwin-Williams launched a new product portfolio
  in June 2021. Equipped for high performance
  flooring, the portfolio comprised color palettes
  and a new naming system and for its resinous
  flooring products line-up, serving industrial and
  commercial markets.
• In addition, the company rolled out a new website
  for helping customers in easily finding the
  appropriate flooring products, systems, and
  design features for their requirements. Similar
  advancements are touted to create favorable
  opportunities for business owners over the
  forthcoming years.
• As cited by the latest research published by
  Global Market Insights Inc., industrial floor
  coatings market size is estimated to surpass USD
  7,195 million by 2027.

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• Europe industrial floor coatings market is
  expected to record substantial growth over
  2022-2028. The rise can be credited to an
  increase in the implementation of strategic
  initiatives by key industry players.
• Considering an instance, in August 2021, Sika
  adopted the strategic decision for the divestment
  of its European industrial coatings business. The
  unit provided an extensive portfolio of
  innovative solutions and products that are sold
  to specialized customer groups like anticorrosion
  experts and construction companies.
• The deal involved the companys European
  industrial coatings business with the main
  location and manufacturing unit situated in
  Vaihingen, Germany. An increase in similar steps
  is expected to impel the regional industry
  landscape over the ensuing years.

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• Sika AG, PPG Industries, Sherwin-Williams, Dow
  Chemical, RPM International, Kansai Paints, Akzo
  Nobel, and others are some of the major
  industrial floor coating companies. These
  participants are centered on the implementation
  of a range of initiatives comprising
  collaborative agreements, acquisitions, mergers,
  and product developments for the purpose of
  strengthening their industry foothold.
• Quoting an instance, in May 2022, MC-Bauchemie in
  collaboration with MC-DUR PowerCoat rolled out a
  new industrial floor system. The solution is
  resistant to very high mechanical and chemical
  attack while withstanding nearly 120C
  temperatures. Such initiatives are expected to
  propel product demand across various regions.
• The industry has recorded a soaring demand for
  self-leveling epoxy floors that come in a range
  of colors and are highly durable. They provide
  the advantage of minimal maintenance as compared
  to conventionally used flooring materials.

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• The products are in high demand in public areas
  like locker rooms and cafeterias due to the
  benefit of safe walk even when the floor coatings
  are wet.
• Furthermore, these are often favored by
  industries where the floors are required to be
  entirely flat. These factors are likely to help
  in driving product demand over the forecast
  period.
• To sum up, the industry has recorded the growing
  deployment of heavy and high-performance
  equipment coupled with an increase in the demand
  for superior and efficient products. The demand
  is specifically high in the aviation and
  automotive industries. These factors are expected
  to bolster industrial floor coatings market share
  over the forthcoming years

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