Europe Floor Coating Market 2020 |Global Industry Analysis By Trends, Size, Share, Company Overview, Growth And Forecast By 2026|

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Floor coatings are tough protective layers used in applications where severe surface wear and corrosion are expected. Typical applications include warehouses, chemical plants and manufacturing floors. Floor coatings can also be used for the following purposes: Brighten or define the area of ​​the facility. Mark the traffic corridor.

According to report, Europe floor coating market is accounted to US$ 390.3 Million in 2018 and is predicted to grow at a CAGR of 6.5% during the forecast period 2019 – 2027, to account for US$ 685.8 Million by 2027.

Floor coatings are surface coatings applied on concrete surfaces to enhance its wear and abrasion resistance and prolong life. They are inert to oils, detergents and cleaners, transmission fluids, water, hail, snow, and corrosive chemicals. Floor coatings impart waterproof, anti-static, anti-vibration, and anti-skid properties to concrete floors and hence are favored in many industrial, as well as construction industries.

The Europe Floor Coating market is growing along with the Chemicals and Materials industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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The European floor coating market is bisected based on solvent-based and water-based formulations. In 2019, aqueous floor coatings dominated the European floor coating market. The low VOC content of aqueous formulations is a major factor in the development and expansion of the floor coating market across Europe. Solvent-based floor coatings offer a number of advantages over water-based epoxy systems and are generally more durable and performant. The solvent-based formulation is highly resistant to oil pollution on the concrete surface, making it ideal for garage and parking structures, and also providing a glossy finish. These benefits were ultimately overshadowed by the fact that government regulations describing products containing volatile organic compounds (VOCs) and other pollutants have become increasingly stringent over the years. High VOC solvent based compounding systems are no longer the norm as the industry and individual consumers are looking for more environmentally friendly alternatives.

 These factors are expected to offer broad growth opportunities in the Chemicals and Materials industry and this is expected to cause the demand for immunochemistry assays in the market.

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EUROPE FLOOR COATING MARKET SEGMENTATION

By Type  

  • Epoxy
  • Polyurethane
  • Acrylics
  • Polymethyl Methacrylate
  • Others

By Formulation

  • Solvent-Based
  • Water-Based

By Coating Component

  • 1k
  • 2k
  • 3k

By Flooring Material

  • Wood
  • Concrete
  • Mortar
  • Terrazzo
  • Others

By Application

  • Residential
  • Commercial
  • Industrial

By Country

  • Germany
  • France
  • Italy
  • United Kingdom
  • Russia
  • Rest of Europe

Company Profiles

  • Axalta Coating Systems Ltd
  • Maris Polymers S.A.
  • Michelman, Inc
  • The Lubrizol Corporation
  • The Sherwin-Williams Company
  • PPG Industries, Inc
  • 3M Company
  • Sika AG
  • Nippon Paint Holdings Co., Ltd.
  • Rust Oleum

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