U.S. Concrete Floor Coatings Market Size, Share & Trends Analysis Report By Product (Epoxy, Polyurethane, Polyaspartics), By Application (Commercial and Residential), And Segment Forecasts, 2020 - 2027

Published: Feb, 2020 | Pages: 180 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The U.S. concrete floor coatings market size is projected to reach approximately USD 512.0 million by 2027, exhibiting a revenue-based CAGR of 7.0% during the forecast period, according to a new study conducted by Grand View Research, Inc. Rising green building practices in the country are projected to fuel the growth.

Green buildings offer better cost-effective advantages over conventional buildings and thus are gaining popularity. These structures reduce the overall load on metal structures, are sustainable, consume approximately one-third of the amount of energy as compared to conventional buildings, and are capable of improving the indoor air quality. Green buildings involve the use of materials that tend to have minimal impact on the environment. The demand for green buildings is expected to ascend owing to the promotion and adoption of health safety policies in construction sector, which in turn is anticipated to potentially fuel the market growth.

On the basis of product, epoxy concrete floor coatings is projected to expand at a CAGR of over 6.7% from 2020 to 2027. The high adoption rate of these types of coatings in flooring industry on account of excellent properties including improved durability and superior toughness is projected to have a significant impact in the next six years. These coatings are either water-based or solvent-based.

Based on concrete floor product type, polished segment is anticipated to witness substantial growth during the forecast period. Polished concrete floor is gaining popularity in various application such as warehouse, retail outlet, hotels and restaurants, office building, private residence, and showrooms. Several benefits such as low cost, durability, and easy to clean nature is fueling the demand for polished concrete floor in U.S.

On the basis of application, residential sector is expected to continue its dominance in the country. The tight supply of new housing units coupled with the arrival of millennials is expected to generate a boost for the housing prices in U.S. Rising construction activities and infrastructure development in the state of California are expected to contribute significantly to the market growth. In addition, residential construction is anticipated to witness lucrative growth owing to the numerous upcoming real estate projects in the country. Furthermore, the rise in consumer disposable income and growing consumer attention toward home improvement is anticipated to drive the segment over the forecast period.

Further key findings from the report suggest:

• Epoxy concrete floor coatings is projected to continue dominating the market during the forecast period

• Commercial is expected to emerge as the fastest growing application segment in the forthcoming years

• Polyurethane segment is potentially fueling the market growth owing to its rising demand in various application

• Manufacturers engage in various strategic initiatives which is expected to boost the growth of the U.S. concrete floor coatings market. For instance, in December 2018, Henkel AG & Co. KGaA signed an agreement to acquire Aislantes Nacionales S.A., a major player in Chilean building materials and tile adhesive market. The move was intended to strengthen Henkel’s product portfolio through targeted investments and position in Latin American market

 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Market Segmentation & Scope
                    1.2 Market Definition
                    1.3 Information Procurement
                         1.3.1 Purchased Database
                         1.3.2 GVR’s Internal Database
                         1.3.3 Secondary Sources & Third-Party Perspectives
                         1.3.4 Primary Research
                    1.4 Information Analysis
                         1.4.1 Data Analysis Models
                    1.5 Market Formulation & Data Visualization
                    1.6 Data Validation & Publishing
Chapter 2 Executive Summary
                    2.1 Market & Segmental Outlook
                    2.2 Competitive Insights
Chapter 3 U.S. Concrete Floor Coatings: Market Variables, Trends, and Scope
                    3.1 Market Lineage Outlook
                         3.1.1 Paints & Coatings Market Outlook
                         3.1.2 U.S. Concrete floor Coatings Market Outlook
                    3.2 Penetration & Growth Prospect Mapping
                    3.3 Industry Value Chain Analysis
                         3.3.1 manufacturing trends
                              3.3.1.1 Polyurethane (PU)
                              3.3.1.2 Epoxy resin
                         3.3.2 Sales Channel Analysis
                         3.3.3 Vendor Selection Criteria Analysis
                    3.4 Technology Overview
                         3.4.1 Technology Timeline
                              3.4.1.1 Nanocoatings
                              3.4.1.2 Powder coatings
                    3.5 Market Dynamics
                         3.5.1 Market Driver Analysis
                              3.5.1.1 Growing construction industry in the U.S.
                              3.5.1.2 Rising demand for green buildings
                         3.5.2 Market restraint Analysis
                              3.5.2.1 Substitutional threat other types of flooring
                         3.5.3 Industry Challenges
                              3.5.3.1 Issues caused during installation
                    3.6 Business Environment Analysis: U.S. Concrete Floor Coatings Market
                         3.6.1 Industry Analysis - Porter’s five forces
                              3.6.1.1 Threat of new entrants
                              3.6.1.2 Bargaining power of suppliers
                              3.6.1.3 Bargaining power of buyers
                              3.6.1.4 Threat of substitutes
                              3.6.1.5 Intensity of Competitive rivalry
                         3.6.2 PESTEL analysis
                              3.6.2.1 Political factors
                              3.6.2.2 Economic factors
                              3.6.2.3 Social
                              3.6.2.4 Technological
                              3.6.2.5 Environmental
                              3.6.2.6 Legal
Chapter 4 U.S. Concrete Floor Coatings Market: Product Estimates & Trend Analysis
                    4.1 Definition & Scope
                    4.2 U.S. Concrete Floor Coatings Market: Product movement analysis, 2019 & 2027
                         4.2.1 Epoxy
                              4.2.1.1 U.S. epoxy concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
                         4.2.2 Polyurethane
                              4.2.2.1 U.S. polyurethane concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
                         4.2.3 Polyaspartics
                              4.2.3.1 U.S. polyaspartics concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
                         4.2.4 Others
                              4.2.4.1 U.S. other concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
Chapter 5 U.S. Concrete Floor Coatings Market: Application Estimates & Trend Analysis
                    5.1 Definition & Scope
                    5.2 U.S. Concrete Floor Coatings Market: Application movement analysis, 2019 & 2027
                    5.3 Residential
                         5.3.1 U.S. concrete floor coatings market estimates and forecasts, in residential applications, 2016 - 2027 (Kilotons) (USD Million)
                    5.4 Commercial
                         5.4.1 U.S. concrete floor coatings market estimates and forecasts, in commercial applications, 2016 - 2027 (Kilotons) (USD Million)
Chapter 6 U.S. Concrete Floor Market: Product Estimates & Trend Analysis
                    6.1 Definition & Scope
                    6.2 U.S. Concrete Floor Market: Product movement analysis, 2019 & 2027
                    6.3 Coated
                         6.3.1 U.S. concrete floor market estimates and forecasts, 2016 - 2027 (Million Square Feet) (USD Million)
                         6.3.2 U.S. coated concrete floor market estimates and forecasts, by product, 2016 - 2027 (Million Square Feet) (USD Million)
                    6.4 Polished
                         6.4.1 U.S. polished concrete floor market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
Chapter 7 U.S. Concrete Floor Market: Application Estimates & Trend Analysis
                    7.1 Definition & Scope
                    7.2 U.S. Concrete Floor Market: Application Movement Analysis, 2019 & 2027
                         7.2.1 Residential
                              7.2.1.1 U.S. concrete floor market estimates and forecasts, in residential applications, 2016 - 2027 (Million Square Feet) (USD Million)
                         7.2.2 Commercial
                              7.2.2.1 U.S. concrete floor market estimates and forecasts, in commercial applications, 2016 - 2027 (Million Square Feet) (USD Million)
Chapter 8 U.S. Concrete Floor Coatings Market: Competitive Analysis
                    8.1 Key Company/Competition Categorization
                    8.2 Vendor Landscape
                         8.2.1 List of key distributors & channel partners
                         8.2.2 Key Potential customers
                    8.3 Public companies
                         8.3.1 Company Market Position analysis
                         8.3.2 Competitive Dashboard Analysis
                    8.4 Private companies
                         8.4.1 List of key emerging companies & geographical presence
Chapter 9 Company Profiles
                    9.1 TruCrete Surfacing Systems
                         9.1.1 Company Overview
                         9.1.2 Product benchmarking
                    9.2 North America Coating Solution Company
                         9.2.1 Company Overview
                         9.2.2 Product benchmarking
                    9.3 Henkel AG & Co. KGaA
                         9.3.1 Company Overview
                         9.3.2 Financial performance
                         9.3.3 Product benchmarking
                         9.3.4 Strategic initiatives
                    9.4 BASF SE
                         9.4.1 Company Overview
                         9.4.2 Financial performance
                         9.4.3 Product benchmarking
                         9.4.4 Strategic initiatives
                    9.5 Vanguard Concrete Coating
                         9.5.1 Company Overview
                         9.5.2 Product benchmarking
                    9.6 Tennant Coatings
                         9.6.1 Company Overview
                         9.6.2 Financial Performance
                         9.6.3 Product Benchmarking
                    9.7 The Jotun Group
                         9.7.1 Company Overview
                         9.7.2 Financial performance
                         9.7.3 Product Benchmarking
                         9.7.4 Strategic initiatives
                    9.8 Axalta Coating Systems, LLC
                         9.8.1 Company Overview
                         9.8.2 Financial Performance
                         9.8.3 Product Benchmarking
                    9.9 Elite Crete Systems
                         9.9.1 Company Overview
                         9.9.2 Product benchmarking
                    9.10 Stonhard, Inc.,
                         9.10.1 Company Overview
                         9.10.2 Financial Performance
                         9.10.3 Product benchmarking
                    9.11 PPG Pittsburgh Paints
                         9.11.1 Company Overview
                         9.11.2 Financial Performance
                         9.11.3 Product benchmarking
                         9.11.4 Strategic initiatives
                    9.12 Key Resin Company
                         9.12.1 Company Overview
                         9.12.2 Financial Performance
                         9.12.3 Product Benchmarking
                    9.13 Behr Paint Company
                         9.13.1 Company Overview
                         9.13.2 Product benchmarking
                    9.14 EPMAR Corporation
                         9.14.1 Company Overview
                         9.14.2 Financial performance
                         9.14.3 Product benchmarking
                    9.15 Pratt & Lambert Paints
                         9.15.1 Company Overview
                         9.15.2 Financial performance
                         9.15.3 Product benchmarking
                    9.16 Dex-O-Tex (A Division of Crossfield Products Corp.)
                         9.16.1 Company Overview
                         9.16.2 Product benchmarking
                    9.17 Florock Polymer Flooring
                         9.17.1 Company Overview
                         9.17.2 Product benchmarking
                         9.17.3 Strategic initiatives
                    9.18 The Garland Company, Inc.,
                         9.18.1 Company Overview
                         9.18.2 Product benchmarking
                    9.19 Tnemec Company, Inc.
                         9.19.1 Company Overview
                         9.19.2 Product benchmarking
                         9.19.3 Strategic initiatives
                    9.20 Cornerstone Coatings International, Inc.
                         9.20.1 Company Overview
                         9.20.2 Product benchmarking
                    9.21 General Polymers (Sherwin-Williams)
                         9.21.1 Company Overview
                         9.21.2 Financial performance
                         9.21.3 Product benchmarking
                         9.21.4 Strategic initiatives
                    9.22 Westcoat Specialty Coating Systems
                         9.22.1 Company Overview
                         9.22.2 Product benchmarking
                         9.22.3 Strategic initiatives
                    9.23 Versatile Building Products
                         9.23.1 Company Overview
                         9.23.2 Product benchmarking
                    9.24 Sika Corporation
                         9.24.1 Company Overview
                         9.24.2 Financial performance
                         9.24.3 Product benchmarking
                         9.24.4 Strategic initiatives
                    9.25 BRICKFORM, Inc.
                         9.25.1 Company Overview
                         9.25.2 Product benchmarking
                         9.25.3 Strategic initiatives
                    9.26 SureCrete LLC
                         9.26.1 Company Overview
                         9.26.2 Product benchmarking

List of Tables

Table 1 U.S. epoxy concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
Table 2 U.S. polyurethane concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
Table 3 U.S. polyaspartics concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
Table 4 U.S. other concrete floor coatings market estimates and forecasts, 2016 - 2027 (Kilotons) (USD Million)
Table 5 U.S. concrete floor coatings market estimates and forecasts, in residential applications, 2016 - 2027 (Kilotons) (USD Million)
Table 6 U.S. concrete floor coatings market estimates and forecasts, in commercial applications, 2016 - 2027 (Kilotons) (USD Million)
Table 7 U.S. concrete floor market estimates and forecasts, 2016 - 2027 (Million Square Feet) (USD Million)
Table 8 U.S. coated concrete floor market estimates and forecasts, by product, 2016 - 2027 (Million Square Feet)
Table 9 U.S. coated concrete floor market estimates and forecasts, by product, 2016 - 2027 (USD Million)
Table 10 U.S. polished concrete floor coatings market estimates and forecasts, 2016 - 2027 (Million Square Feet) (USD Million)
Table 11 U.S. concrete floor market estimates and forecasts, in residential applications, 2016 - 2027 (Million Square Feet) (USD Million)
Table 12 U.S. concrete floor market estimates and forecasts, in commercial applications, 2016 - 2027 (Million Square Feet) (USD Million)

List of Figures

Fig. 1 U.S. Concrete Floor Coatings Market Segmentation
Fig. 1 Information procurement
Fig. 2 U.S. Concrete Floor Coatings Market Revenue, 2019 (USD Million)
Fig. 3 U.S. Concrete Floor Coatings Market: Penetration & Growth Prospect Mapping
Fig. 4 U.S. Concrete Floor Coatings Market: Value Chain Analysis
Fig. 5 Polyurethane trade prices in the U.S., 2018 (USD/Ton)
Fig. 6 Epoxy resin production, by country, 2019 (%)
Fig. 7 U.S. construction spending, 2010 - 2018 (USD Million)
Fig. 8 U.S. Concrete Floor Coatings Market: Product movement analysis, 2019 & 2027
Fig. 9 U.S. Concrete Floor Coatings Market: Application movement analysis, 2019 & 2027
Fig. 10 U.S. Concrete Floor Market: Product movement analysis, 2019 & 2027
Fig. 11 U.S. Concrete Floor Market: Application movement analysis, 2019 & 2027
Fig. 12 Competitive dashboard analysis