Wear-resistant flooring paint sealing curing agent will be the fastest growing field

According to a recent study by Zion Research, a
research organization, the global market value of concrete floor coatings was $800 million in 2014 and will reach about $1.18 billion by 2020, with a compound annual growth rate of about 7%.
flooring coatings are widely used in a variety of construction areas, the flooring has protection and decorative functions, and gives the flooring excellent chemical resistance and mechanical properties, and easy maintenance. The main applications include industrial floor, commercial floor, garage floor, sidewalk, corridor, driveway and so on. The main raw materials of floor coatings include epoxy resin, polydonine, polyurethane, methyl acrylates, concrete sealing curing agent, etc.
As a result of positive factors such as the economic policies of emerging economies, the construction of commercial and civil buildings has been promoted, thereby promoting the development of floor coatings, and the growth of populations in the Asia-Pacific region and the rising incomes of the middle class have further boosted the construction of civilian housing. Therefore, the development of concrete floor coating will follow the trend in the next few years, the prospects are optimistic. It is worth noting that floor coating manufacturers will also face some challenges during this period, such as the price fluctuations of raw materials for coatings.
epoxy resin, polycycline, acrylic resin, polyurethane resin, concrete sealing curing agent, etc. are the main raw materials of concrete floor coatings, the variety of floor coatings are also distinguished by this. The study also pointed out that poly-winter acid-like floor coatings are expected to grow at the fastest rate in the next few years.
concrete floor coatings are divided into indoor and outdoor applications. Data show that indoor applications accounted for more in 2014 and will continue to do so for years to come. Indoor applications include residential, office and commercial floors, and outdoor applications include sidewalks, corridors, driveways, etc.
, North America is the world's largest market for concrete floor coatings, followed by Asia Pacific and Europe. Data show that the Asia-Pacific region accounted for more than 29% of the total market in 2014, the next few years, due to the rapid growth of demand in India and China, the region will be the fastest growing market for floor coatings.
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