Chemical Planet

Construction industry growth in the U.S. post the Great Recession in 2008 - 2009, along with expansion of the domestic aerospace and energy sectors are anticipated to fuel concrete floor coatings demand over the forecast period. North America Concrete Floor Coatings Market is expected to reach USD 1.01 billion by 2020, according to a new study by Grand View Research, Inc. Introduction of the “National Infrastructural Plan (NIP)” by the government of Mexico, which is aimed at promoting residential and commercial infrastructure, is likely to augment market growth. The government plans to invest USD 590 billion over a period of four years between 2014 and 2018. Indoor was the largest application segment, accounting for over 60% of the North American concrete floor coatings market volume in 2013. Housing sector growth in the U.S. and Canada is anticipated is expected to fuel concrete floor coatings demand in indoor applications over the forecast period. However, outdoor coatings are ...

The improvement in the U.S. housing sector as a result of increasing number of single-family homes on a domestic level is expected to drive the market. However, gains in the automotive manufacturing industry as a result of increased exports of four wheeler vehicles from developing countries including Brazil, South Africa, India and Thailand is expected to increase the penetration of flooring in production facilities over the next eight years. The U.S. Concrete Floor Coatings Market is projected to reach approximately USD 1.15 billion by 2025, according to a new report conducted by Grand View Research, Inc. Epoxy coatings are projected to grow at a CAGR of 6.0% from 2017 to 2025. The high adoption rate of these types of coating in flooring industry on account of providing excellent properties including improved durability and superior toughness is projected to have a significant impact over the next eight years. Polyurethane coatings market is expected to reach USD 268.3 million b...