A new report has been published by Stratview Research, titled, “Industrial Floor Coating Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2020–2025.” The experts authoring this report have made an effort at providing in-depth information on leading growth drivers, restrictions, challenges, current and upcoming trends, and opportunities to offer a comprehensive assessment of the global Industrial Floor Coating Market. Users can use the analysis included in this report to plan effective growth strategies and prepare for future challenges beforehand.
Market segmentation has been done correctly to help the users define and better understand their target audiences and ideal customers. Market segmentation in this report allows you to identify the right market for your products and then target your marketing more effectively.
Covid-19 impact on the Industrial Floor Coating Market –
As the novel coronavirus (COVID-19) crisis takes over the world, our team of market analysts is continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and their estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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By Resin Type
Based on the resin type, the market is segmented as epoxy, polyurethane, hybrid, and others. The epoxy segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Superior properties such as excellent adhesion, high mechanical strength, and improved chemical resistance are benefitting its rising demand in the manufacturing sector.
By Application Type
Based on the application type, the industrial floor coating market is segmented as manufacturing, food processing, aviation & transportation, warehousing, and others. The manufacturing segment dominates the market, owing to rapid industrialization in emerging economies offering attractive opportunities to increase production capacity.
In terms of regions, Asia-Pacific is estimated to be the largest market for industrial floor coating products during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is mainly driven by the growing construction and manufacturing sectors in the major economies of the region. Strong presence of manufacturing companies in the region is stimulating the product demand. Numerous applications of industrial floor coatings in food processing, heavy equipment & machinery, logistics & warehouse, and chemical industries is boosting the further growth of the region.
Relying on data to make business decisions and to have a competitive advantage, is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Industrial Floor Coating Market along with a list of Key players.
Here are few –PPG Industries, Inc. AkzoNobel N.V. The Sherwin-Williams Company BASF SE RPM International Inc. The 3M Company The Daw Group The Lubrizol Corporation Asian Paints PPG Pvt. Ltd. Axalta Coating Systems Ltd. The Dow Chemical Company.
Report Features –
This market report includes the following features –Market structure: Overview, industry life cycle analysis, supply chain analysis. Market environment analysis: Growth drivers and constraints. Market trend and forecast analysis. Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, M&As etc. Attractive market segments and associated growth opportunities. Emerging trends.
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About Stratview Research –
Stratview Research is a leading market research firm that offers wide range of services like syndicated market reports, consulting, sourcing intelligence, and customer research, etc. Stratview Research’s offerings include comprehensive market intelligence in the form of research reports, and consulting services. Our team which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 500 companies.