Concrete floor coating market to hit US$13.3 billion in 2030
The global concrete floor coating market is expected to reach US$13.3bn (UK£10.8bn) by the end of 2030, according to Zion Market Research’s latest market report.
Its latest report, “Concrete Floor Coating Market By Product (Polyurethanes, Epoxy, And Polyaspartic), By Application (Outdoor And Indoor), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030”, shows the global concrete floor coating market is projected to expand at a Compound Annual Growth Rate (CAGR) of around 9.2% between 2023 and 2030.
The report evaluates the global concrete floor coating market size at nearly $11.3bn (UK£9.2bn) in 2022 and the authors expect it to reach $13.3bn (UK£10.8bn) by 2030.
The report says the global concrete floor coating market is anticipated to grow rapidly over the forecast timeline owing to escalating demand for products in residential and non-residential sectors.
In terms of product, the report predicts the epoxy segment is expected to register the highest CAGR over the same period.
Based on application, the indoor segment is expected to dominate the segmental growth over the assessment timeline.
Region-wise, the North American concrete floor coating industry is projected to register the fastest CAGR during the assessment timeline.
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