According to a market report by Lucintel, the future of the industrial flooring construction chemical market looks promising with opportunities in the epoxy floor coating, grout chemical, admixtures chemical, floor hardener, curing and sealing compound, primer, and polyurethane markets. The global industrial flooring construction chemical market is expected to reach an estimated $10.8 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are growing need for durable high performance flooring solutions which will be able to resist damage from abrasion, impact, chemicals and temperature changes and increasing industrial construction activities across the globe.
In this market, epoxy floor coating, grout chemicals, admixtures chemicals, floor hardeners, curing and sealing compounds, primers, and polyurethane coating are the major segments of industrial flooring construction chemical market by product. Lucintel forecast that epoxy floor coating will remain the largest segment over the forecast period as it delivers excellent durability and abrasion resistance, thus making them ideal for high traffic industrial environments.
APAC will remain the largest region due to rapidly growing industrial sector in countries, such as China, India, and Vietnam.
AkzoNobel, BASF, Borealis Ag, Dow Chemical, Dupont, Exxon Mobil, Forbo Holding, Huntsman Corp, LG Chemical, and Lyondellbasell Industry are the major suppliers in the global industrial flooring construction chemical market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global industrial flooring construction chemical market by product, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Industrial Flooring Construction Chemical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global industrial flooring construction chemical market by product, and region, as follows:
Industrial Flooring Construction Chemical Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
Epoxy Floor Coating
Curing and Sealing Compounds
Primers
Polyurethane Coating
Others:
Industrial Flooring Construction Chemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the industrial flooring construction chemical market by product (epoxy floor coating, grout chemicals, admixtures chemicals, floor hardeners, curing and sealing compounds, primers, polyurethane coating, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?