Scienza e Tecnologia
Industrial Floor Coating Market to Reach $9.48 Bn, Globally, by 2030 at 4.8% CAGR: AMR
Rise in industrialization across the globe, growth in the food & beverage, manufacturing, and chemical industries, and surge in necessity in industrial facilities have boosted the growth of the global industrial floor coating market. However, lack of skilled workforce and awareness for selection of material hinder the market growth. On the contrary, surge in FDI inflows and favorable government policies are expected to open lucrative opportunities for the market players in the future.
By resin type, the epoxy segment held the largest share in 2020, accounting for more than two-fifths of the global industrial floor coating market. Moreover, the segment is expected to register the highest CAGR of 5.2% during the forecast period, owing to rise in adoption in the food & beverage, chemical, and food storage warehouse industries for its features including high adhesion, durability, and impact resistance. The report includes analysis of segments such as polyaspartic, polyurethane, anhydrite, and others.
By end-user industry, the food and beverage segment held the lion's share in 2020, contributing to more than one-fourth of the global industrial floor coating market. In addition, the segment is estimated to manifest the highest CAGR of 5.7% from 2021 to 2030, due to increase in demand in food & beverage industry for its ability withstand harsh service conditions including extreme temperature fluctuations and frequent high-pressure hosing. The report includes analysis of segments such as chemical, healthcare, transportation and aviation, and others.
By region, the market across Asia-Pacific , followed by Europe and North America , dominated in 2020, holding more than two-fifths of the market. Moreover, the region is projected to portray the highest CAGR of 5.6% during the forecast period, owing to rapid industrialization and rise in demand from aerospace and electronics industry. The report includes analysis of global industrial floor coating market across Europe , North America , and LAMEA.
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Indoor Flooring Market: The indoor flooring market size was valued at $142,424.7 million in 2019, and is expected to reach $189,549.2 million by 2027, registering a CAGR of 5.7% from 2020 to 2027.
Facility Management Services Market: The global facility management services market size was valued at $954.0 billion in 2019, and is projected to reach $1,422.6 billion by 2027, registering a CAGR of 6.6% from 2020 to 2027.
Industrial Flooring Market: The global industrial flooring market size was valued at $6,299.4 million in 2019, and is projected to reach $8,303.1 million by 2027, registering a CAGR of 5.3% from 2020 to 2027.
North America Roofing Market: The North America Roofing market size was $29,864.4 million in 2017, and is projected to reach $47,517.8 million in 2025, growing at a CAGR of 5.9%.
Outdoor Flooring Market: The global outdoor flooring market size was valued at $16,557.7 million in 2019, and is projected to reach $22,070.0 million by 2027, registering a CAGR of 5.6% from 2020 to 2027.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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