The Global Floor Coatings Market size was valued at around USD 4.5 billion in 2024 and is projected to reach USD 6.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.8% during the forecast period, i.e. 2025-30. According to MarkNtel Advisors Study.
Global Floor Coatings Market Driver:
Increasing Renovation & Remodeling Activities – Floor coatings are in high demand since house renovation and remodeling activities have continued to go up in recent years. Households and commercial institutions consistently seek to upgrade their buildings, while priority is placed on floors that are durable, visually appealing, and easy to maintain. Because of their superior abrasive resistance, epoxy, and polyurethane coatings are extensively used in residential and commercial applications.
Government initiatives are further supporting this market growth. For instance, the Indian government’s Pradhan Mantri Awas Yojana (PMAY) aims to build around 20 million urban houses in the coming next 5 years, increasing demand for flooring solutions. Similarly, in the U.S., the Federal Housing Administration (FHA) offers renovation loans under its 203(k) program, encouraging property owners to upgrade their spaces, which drives demand for floor coatings. These government-supported housing and renovation programs are helping to fuel the floor coatings market, leading to increased sales and market growth.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Floor Coatings Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Structure
- Concrete- Market Size & Forecast 2020-2030, Thousand Tons
- Mortar- Market Size & Forecast 2020-2030, Thousand Tons
- Terrazzo- Market Size & Forecast 2020-2030, Thousand Tons
- Wood- Market Size & Forecast 2020-2030, Thousand Tons
- Others – Market Size & Forecast 2020-2030, Thousand Tons
- By Binder Type
- Epoxy- Market Size & Forecast 2020-2030, Thousand Tons
- Acrylic- Market Size & Forecast 2020-2030, Thousand Tons
- Polyurethane- Market Size & Forecast 2020-2030, Thousand Tons
- Methyl Methacrylate – Market Size & Forecast 2020-2030, Thousand Tons
- By End User
- Residential- Market Size & Forecast 2020-2030, Thousand Tons
- Industrial- Market Size & Forecast 2020-2030, Thousand Tons
- Commercial-Market Size & Forecast 2020-2030, Thousand Tons
- By Coating Component
- Single Component- Market Size & Forecast 2020-2030, Thousand Tons
- Double Component- Market Size & Forecast 2020-2030, Thousand Tons
- Triple Component- Market Size & Forecast 2020-2030, Thousand Tons
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 3M, Akzo Nobel N.V, Axalta Coating System, Arkema S.A., Asian Paints Ltd., Ardex Endura, Apurva India Ltd., A&I Coatings, Berger Paints India Ltd., Dr. Cipy- Specialized Floor Coatings, DUPONT, Flowcrete Pvt. Ltd., Grand Polycoats Company Pvt. Ltd., Indigo Paints, and others are looking forward to strengthening their market positions.
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