India Floor Coatings Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “India Floor Coatings Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the India Floor Coatings Market by thorough analysis, and projections are made up to 2030.
Expected Expansion of India Floor Coatings Market:
India Floor Coatings Market size was valued at USD 9.50 Bn. in 2022 and the total Floor Coatings revenue is expected to grow by 5.6% from 2023 to 2029, reaching nearly USD 13.91 Bn.
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India Floor Coatings Market Scope and Methodology:
This report examines the India Floor Coatings market through various regions and extensive segmentation, offering a definition, description, and prediction. It includes many significant market factors as well as thorough qualitative and quantitative research. This involves examining the competitive environment, competitor profiles, sector analysis, economic impact, valuable perspectives, market dynamics, and market analysis.
The report deeply examines historical information, concentrating on various India Floor Coatings market situations and performing a thorough assessment of the elements impacting the market, such as drivers, limitations, chances, hurdles, and upcoming trends. The report provides a detailed understanding of market potential, market dynamics, growth opportunities, segmented markets, geographic scenarios, competition analysis, and predictions using the appropriate methodology and assumptions. The research also includes analysis of the value chain, PESTLE analysis, impact analysis, and PORTER's analysis.
India Floor Coatings Market Regional Insights:
The examination explores the markets in the Middle East, Africa, South America, Asia Pacific, Europe, and North America in great detail. Comprehending the complex dynamics of the international India Floor Coatings market is a crucial element of the regional analysis offered in the report. The report includes information on the import and export of products, market size, and growth rate for every country. Additionally, the report has also provided a summary of the most recent developments in the global India Floor Coatings market in various countries and regions.
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India Floor Coatings Market Segmentation:
by Type
Epoxy
Polyurethane
Acrylics
Polymethyl Methacrylate (PMMA)
Others
In 2022, the epoxy category held a dominant position in the floor coatings market in India, and this trend is anticipated to persist throughout the forecast period. In the floor coatings market, the epoxy sector had the highest revenue share in 2019 at 51%. Concrete floors in a variety of commercial and industrial settings, including showrooms, hangars for airplanes, hospitals, manufacturing facilities, and warehouses, are frequently coated with epoxy surface coatings. These coatings come in a range of hues and offer a high-gloss, decorative appearance. Epoxy floor coatings are used as decorative applications on colored aggregate, chip, and terrazzo floors. The coatings can be sprayed directly to both new and existing concrete floors, providing an easy-to-clean and chemically-resistant flooring solution.
by Flooring Material
Wood
Concrete
Mortar
Terrazzo
Others
The floor coatings market in India was led by the Concrete segment in 2022, and this trend is anticipated to persist during the forecast period. In 2019, the floor coatings market was dominated by the concrete category, which held a 69% market share. Concrete floor coatings are used in a variety of techniques to improve the appearance of bare concrete surfaces. Several sectors have established color codes and guidelines for applying concrete floor coatings. For example, a concrete sealer needs the least amount of labor prior to application. There are several coating kinds available for different uses. Concrete surfaces are sealed to prevent food stains and chemical spills, and to make cleaning easier.
by Application
Commercial Buildings
Institutional Buildings
Infrastructure
Residential
Industrial
Others
In 2022, the floor coatings market in India was led by the Residential sector, and this trend is anticipated to persist during the forecast period. With a compound annual growth rate (CAGR) of 5.8% over the forecast period, the residential sector accounted for the greatest share of the floor coatings market in 2019. Epoxies produce a smooth, glossy surface that can greatly enhance the appearance of a home's living spaces, including the kitchen, bedrooms, and living room. Epoxy floor coverings function as a bacterial-resistant microbiological barrier. These coatings offer a great steam bath surfacing choice when cleaned and maintained properly. Many of these issues can be resolved using epoxy resin coatings. Epoxy prevents water from penetrating into the flooring by sealing the floor against moisture.
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India Floor Coatings Market Key Players:
1. FLOWCRETE INDIA PVT. LTD.
2. DOWDUPONT
3. 3M
4. AKZO NOBEL N.V.
5. ASIAN PAINTS LTD.
6. INDIGO PAINTS
7. SIKA INDUSTRIES LTD.
8. KANSAI NEROLAC PAINTS LIMITED
9. BERGER PAINTS INDIA LIMITED.
10. ARKEMA S.A.
11. Steward Advanced Floors Inc
12. Akzo Nobel NV
13. ARKEMA S.A
14. DUPONT
15. FLOWCRETE INDIA PVT LTD.
16. Jemkon Pvt. Ltd
17. Dr.Cipy-Specialized Floor Coatings
Key questions answered in the India Floor Coatings Market are:
- What is India Floor Coatings?
- What will be the CAGR at which the India Floor Coatings Market will grow size 2023?
- What are the upcoming industry applications and trends for the India Floor Coatings Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the India Floor Coatings Market?
- What growth strategies are the players considering to increase their presence in India Floor Coatings?
- Who are the key players in the India Floor Coatings Market?
- Who are the leading companies and what are their portfolios in India Floor Coatings Market?
- What is the growth rate of the India Floor Coatings Market?
- What are the different segments of the India Floor Coatings Market?
- What segments are covered in the India Floor Coatings Market?
- Which are the factors expected to drive the India Floor Coatings market growth?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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