Report Detail
Asia Pacific Floor Coating Market to 2027 - Regional Analysis and Forecasts by Type (Epoxy, Polyurethane, Acrylics, Polymethyl Methacrylate, and Others); Formulation (Solvent-Based and Water-Based); Coating Component (1K, 2K, and 3K); Flooring Material (Wood, Concrete, Mortar, Terrazzo, and Others), Application (Residential, Commercial, and Industrial), and Countries
- RnM3926440 |
- 13 March, 2020 |
- Global |
- 173 Pages |
- The Insight Partners |
- Other
The Asia Pacific floor coating market is accounted to US$ 905.6 Mn in 2018 and is predicted to grow at a CAGR of 7.1% during the forecast period 2019 – 2027, to account for US$ 1,675.0 Mn 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 Asia Pacific floor coating market is segmented on the basis of formulation as solvent-based and water-based. The water-based Asia Pacific floor coating market is estimated to hold a dominant share in the market. With more limited availability of solvent-based formulations, the water-based formulation coating has seen an upsurge in use. Their lower VOC content has been a huge advantage where restrictions on VOCs are especially stringent. Water-based formulation coatings typically have a very low to zero solvent content and minimal odor and, based on the product, can often be applied to concrete while it is still moist or still in the process of curing. However, water-based formulation technology, while having made significant strides, has not yet been able to mark materials with the level of chemical resistance and durability desired for many industrial and commercial applications. It is, therefore, often used in light to moderate duty environments, where frequent recoating is acceptable.
The Asia Pacific floor coating market is segmented based on flooring material as wood, concrete, mortar, terrazzo, and others. In 2018, the concrete segment accounts for the largest share in the Asia Pacific floor coating market. Concrete is the most basic flooring material. Usually, it is only the surface of the slab that is poured directly on the gravel or dirt bed to install the foundation of a building. The concrete flooring material is not only durable, reliable, and incredibly long-lasting, but also developed a reputation for being austere, utilitarian, and course underfoot. However, modern advancements have given the flooring professionals a variety of design options that are allowing them to reinvent this primary building material entirely. Today concrete floors have the option to be polished smooth or even be textured to provide traction. These can also be stained or painted with a variety of techniques that allows to replicate the look of natural materials or embed the floor with intricate printed designs.
Increasing demand for floor coatings in industrial applications has led to an upsurge in the sales of floor coating products. Rapid industrialization and establishment of manufacturing and processing plants in Japan, China, and South Korea is expected to drive the demand for floor coatings in the pharmaceuticals, food & beverages, and automotive assembly industries. Multinational corporations based in China and Japan are expanding their operations in developing countries of APAC such as Indonesia, Philippines and India. The establishment of manufacturing facilities by major foreign companies has generated a considerable demand for construction materials such as floor coatings.
Asia Pacific floor coating market is segmented on the country as Australia, China, India, Japan, South Korea, and rest of Asia Pacific. In 2018, China accounted for a major share in the Asia Pacific floor coating market, which was followed by India. The demand for epoxy floor coating is increasing in India over the past few years as epoxy floor coating is one of the most versatile floor coating systems available. The market for floor coatings in India is moving towards expansion phase with the focus on advancement in technology for the growth of eco-friendly products. The present form of urban infrastructure is inadequate to meet the growing demands of the existing urban population. This generates the need for re-generation, advancement of urban areas in existing cities and the formation of new and comprehensive form of smart cities is expected to meet the demands of increasing population. This would generate the need for floor coatings market.
Some of the players present in Asia Pacific floor coating market are 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., and Rust Oleum
The overall Asia Pacific floor coating market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific floor coating market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific floor coating market.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Asia Pacific Floor Coating Market – By Type
- 1.3.2 Asia Pacific Floor Coating Market – By Formulation
- 1.3.3 Asia Pacific Floor Coating Market – By Coating Component
- 1.3.4 Asia Pacific Floor Coating Market – By Flooring Material
- 1.3.5 Asia Pacific Floor Coating Market – By Application
- 1.3.6 Asia Pacific Floor Coating Market – By Country
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Floor Coating Market Landscape
- 4.1 Market Overview
- 4.1.1 Asia Pacific PEST Analysis
5. Floor Coating Market – Key Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Rising in Number of Commercial and Residential Construction Projects
- 5.1.2 Growing Demand for Floor Coatings in Industrial Applications
- 5.2 Key Market Restraints
- 5.2.1 Stringent Government Regulations
- 5.3 Key Market Opportunity
- 5.3.1 Increasing Use of Floor Coatings in Sports Complexes
- 5.4 Future Trends
- 5.4.1 Development of Fast-Cure Coatings
- 5.5 Impact Analysis Of Drivers And Restraints
6. Floor coating – Asia Pacific Market Analysis
- 6.1 Asia Pacific Floor Coating Market Overview
- 6.2 Asia Pacific Floor Coating Market Forecast and Analysis
7. Asia Pacific Floor Coating Market Analysis – By Type
- 7.1 Overview
- 7.2 Asia Pacific Floor Coating Market Breakdown, By Type, 2018 & 2027
- 7.3 Epoxy
- 7.3.1 Overview
- 7.3.2 Asia Pacific Epoxy Market Revenue Forecasts To 2027 (US$ Mn)
- 7.4 Polyurethane
- 7.4.1 Overview
- 7.4.2 Asia Pacific Polyurethane Market Revenue Forecasts To 2027 (US$ Mn)
- 7.5 Acrylics
- 7.5.1 Overview
- 7.5.2 Asia Pacific Acrylics Market Revenue Forecasts To 2027 (US$ Mn)
- 7.6 Polymethyl Methacrylate
- 7.6.1 Overview
- 7.6.2 Asia Pacific Polymethyl Methacrylate Market Revenue Forecasts To 2027 (US$ Mn)
- 7.7 Others
- 7.7.1 Overview
- 7.7.2 Asia Pacific Others Market Revenue Forecasts To 2027 (US$ Mn)
8. Asia Pacific Floor Coating Market Analysis – By Formulation
- 8.1 Overview
- 8.2 Asia Pacific Floor Coating Market Breakdown, By Formulation, 2018 & 2027
- 8.3 Solvent-based
- 8.3.1 Overview
- 8.3.2 Asia Pacific Solvent-based Floor coating Market Revenue Forecasts To 2027 (US$ Mn)
- 8.4 Water-based
- 8.4.1 Overview
- 8.4.2 Asia Pacific Water-based Floor coating Market Revenue Forecasts To 2027 (US$ Mn)
9. Asia Pacific Floor Coating Market Analysis – By Coating Component
- 9.1 Overview
- 9.2 Asia Pacific Floor Coating Market Breakdown, By Coating Component, 2018 & 2027
- 9.3 1k Coatings
- 9.3.1 Overview
- 9.3.2 Asia Pacific 1k Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 9.4 2k Coatings
- 9.4.1 Overview
- 9.4.2 Asia Pacific 2k Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 9.5 3k Coatings
- 9.5.1 Overview
- 9.5.2 Asia Pacific 3k Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
10. Asia Pacific Floor Coating Market Analysis – By Flooring Material
- 10.1 Overview
- 10.2 Asia Pacific Floor Coating Market Breakdown, By Flooring Material, 2018 & 2027
- 10.3 Wood
- 10.3.1 Overview
- 10.3.2 Asia Pacific Wood Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 10.4 Concrete
- 10.4.1 Overview
- 10.4.2 Asia pacific Concrete Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 10.5 Terrazzo
- 10.5.1 Overview
- 10.5.2 Asia Pacific Terrazzo Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 10.6 Others
- 10.6.1 Overview
- 10.6.2 Asia Pacific Others Floor coating Market Revenue Forecasts To 2027 (US$ Mn)
11. Asia Pacific Floor Coating Market Analysis – By Application
- 11.1 Overview
- 11.2 Asia Pacific Floor Coating Market Breakdown, By Application, 2018 & 2027
- 11.3 Commercial Building
- 11.3.1 Overview
- 11.3.2 Asia Pacific Commercial Building Application Market Revenue Forecasts To 2027 (US$ Mn)
- 11.4 Industrial
- 11.4.1 Overview
- 11.4.2 Asia Pacific Industrial Application Market Revenue Forecasts To 2027 (US$ Mn)
- 11.5 Residential
- 11.5.1 Overview
- 11.5.2 Asia Pacific Residential Application Market Revenue Forecasts To 2027 (US$ Mn)
12. Floor Coating Market – Country Analysis
- 12.1 Overview
- 12.1.1.1 Asia Pacific Floor Coating Market Breakdown, by Country
- 12.1.1.2 Australia Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 12.1.1.2.1 Australia Floor Coating Market Breakdown By Type
- 12.1.1.2.2 Australia Floor Coating Market Breakdown by Formulation
- 12.1.1.2.3 Australia Floor Coating Market Breakdown By Coating Component
- 12.1.1.2.4 Australia Floor coating Market Breakdown By Flooring Material
- 12.1.1.2.5 Australia Floor Coating Market Breakdown By Application
- 12.1.1.3 China Floor Coating Market Revenue Forecasts to 2027 (US$ Mn)
- 12.1.1.3.1 China Floor coating Market Breakdown By Type
- 12.1.1.3.2 China Floor Coating Market Breakdown By Formulation
- 12.1.1.3.3 China Floor Coating Market Breakdown By Coating Component
- 12.1.1.3.4 China Floor Coating Market Breakdown By Flooring Material
- 12.1.1.3.5 China Floor Coating Market Breakdown By Application
- 12.1.1.4 India Floor Coating Market Revenue Forecasts to 2027 (US$ Mn)
- 12.1.1.4.1 India Floor Coating Market Breakdown by Type
- 12.1.1.4.2 India Floor Coating Market Breakdown by Formulation
- 12.1.1.4.3 India Floor Coating Market Breakdown by Coating Component
- 12.1.1.4.4 India Floor coating Market Breakdown by Flooring Material
- 12.1.1.4.5 India Floor Coating Market Breakdown by Application
- 12.1.1.5 Japan Floor Coating Market Revenue Forecasts To 2027 (US$ Mn)
- 12.1.1.5.1 Japan Floor coating Market Breakdown By Type
- 12.1.1.5.2 Japan Floor Coating Market Breakdown by Formulation
- 12.1.1.5.3 Japan Floor Coating Market Breakdown By Coating Component
- 12.1.1.5.4 Japan Floor coating Market Breakdown By Flooring Material
- 12.1.1.5.5 Japan Floor Coating Market Breakdown By Application
- 12.1.1.6 South Korea Floor Coating Market Revenue Forecasts to 2027 (US$ Mn)
- 12.1.1.6.1 South Korea Floor coating Market Breakdown By Type
- 12.1.1.6.2 South Korea Floor Coating Market Breakdown By Formulation
- 12.1.1.6.3 South Korea Floor Coating Market Breakdown By Coating Component
- 12.1.1.6.4 South Korea Floor coating Market Breakdown By Flooring Material
- 12.1.1.6.5 South Korea Floor Coating Market Breakdown By Application
- 12.1.1.7 Rest of Asia Pacific Floor Coating Market Revenue Forecasts to 2027 (US$ Mn)
- 12.1.1.7.1 Rest of Asia Pacific Floor Coating Market Breakdown by Type
- 12.1.1.7.2 Rest of Asia Pacific Floor Coating Market Breakdown by Formulation
- 12.1.1.7.3 Rest of Asia Pacific Floor Coating Market Breakdown by Coating Component
- 12.1.1.7.4 Rest of Asia Pacific Floor coating Market Breakdown by Flooring Material
- 12.1.1.7.5 Rest of Asia Pacific Floor Coating Market Breakdown by Application
13. Industry Landscape
- 13.1 Overview
- 13.2 Strategy and Business Planning
- 13.3 Merger And Acquisition
14. Company Profiles
- 14.1 Axalta Coating Systems Ltd.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 Maris Polymers S.A.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.1 Products and Services
- 14.2.2 Financial Overview
- 14.2.3 SWOT Analysis
- 14.3 Michelman, Inc.
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.4 The Lubrizol Corporation
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.5 The Sherwin-Williams Company
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.6 PPG Industries, Inc.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.7 3M Company
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.8 Sika AG
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.9 Nippon Paint Holdings Co., Ltd.
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
- 14.10 Rust-Oleum
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
15. Appendix
- 15.1 About The Insight Partners
- 15.2 Glossary
Summary:
Get latest Market Research Reports on Asia Pacific Floor Coating . Industry analysis & Market Report on Asia Pacific Floor Coating is a syndicated market report, published as Asia Pacific Floor Coating Market to 2027 - Regional Analysis and Forecasts by Type (Epoxy, Polyurethane, Acrylics, Polymethyl Methacrylate, and Others); Formulation (Solvent-Based and Water-Based); Coating Component (1K, 2K, and 3K); Flooring Material (Wood, Concrete, Mortar, Terrazzo, and Others), Application (Residential, Commercial, and Industrial), and Countries. It is complete Research Study and Industry Analysis of Asia Pacific Floor Coating market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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