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U.S. Concrete Floor Coatings Market Size, Share, Trends, COVID-19 Impact and Growth Strategies, Segmentation 2021-2028

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Swapnil GVR
U.S. Concrete Floor Coatings Market Size, Share, Trends, COVID-19 Impact and Growth Strategies, Segmentation 2021-2028

The U.S. concrete floor coatings market size was valued at USD 304.8 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.3%. Rising demand for coatings as a protective medium in the flooring sector is projected to be a favorable factor driving the market growthConcrete floor coatings are used for providing high-temperature resistance to indoor and outdoor areas as well as for protecting floors in commercial and residential buildings against wear & tear. 

 

For Right Perspective & Competitive Insights, Request a Sample @:

https://www.grandviewresearch.com/industry-analysis/us-concrete-floor-coatings-market/request/rs1

The U.S. government has passed numerous regulations to improve the infrastructure including water supply systems at a domestic level for environmental protection. For instance, in October 2018, the U.S. Senate approved America’s Water Infrastructure Act. The bill focuses on new water projects that will be carried out by the Army Corps of Engineers and includes several provisions directly addressing the drinking water infrastructure. As a result, non-building structures, such as waste disposal and water supply systems, in the country are anticipated to foresee an increased product penetration.

 

Key Player Mentioned:

 

·       The Sherwin-Williams Company

·       Henkel AG & Co. KGaA

·       PPG Pittsburgh Paints

·       Behr Paint Company

·       EPMAR Corporation

·       Sika Corporation

The U.S. Environmental Protection Agency (EPA) has framed numerous directives intended for reducing GHG emissions, which is anticipated to restrict the application scope of hazardous chemicals. Epoxy concrete floor coatings contain polycarbonate, which is declared hazardous by the EPA. Thus, strict regulations regarding VOC emissions coupled with growing awareness about eco-friendly alternatives, such as powder coatings, are anticipated to challenge the segment growth over the forecast period.

Product Segment Analysis:

·        Epoxy

·        Polyurethane

·        Polyaspartic

·        Other

Application Segment Analysis:

·        Residential

·        Commercial

·        Industrial

Access Press Release @: https://www.grandviewresearch.com/press-release/us-concrete-floor-coatings-market-analysis

Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa.

The companies in the market compete on the basis of product quality offered and the technology used for the production. However, established players compete on the basis of products that have a wider scope of application and new technologies used in product formulations. Furthermore, the raw materials used in the manufacturing process play a significant role in determining the price of the final product. The fluctuation in prices of raw materials, such as epoxy resin and polyurethane, and their demand from other application industries are expected to hamper the market over the forecast period.

KEY aspects covered in the report include:

·        The market size and industry growth rate of the global and regional market across various segments

·        The region or the sub-segment that is expected to drive the U.S. Concrete Floor Coatings market in the forecast period 2021-2028

·        Key companies operating in the global U.S. Concrete Floor Coatings market and their market share

·        The Factors that are estimated to drive the U.S. Concrete Floor Coatings Market growth

·        Key opportunities in the U.S. Concrete Floor Coatings market

·        Key technological advancements and market trends that shape the market

Good Reasons to Buy a Global U.S. Concrete Floor Coatings Market Report:

  • Offers detailed market breakdown and data triangulation that will help guide the market trends.
  • The methodology used in the report gives the absolute authentic data that helps advising whether the market has an opportunity in the upcoming years.
  • Provides a detail analysis about the Covid-19 impact on the market and how it will help boost the market in the near future.
  • Give’s a thorough analyst’s viewpoint which guides the client through market collaterals for the better opportunities in the market.

·        Pinpoints the most valued region and how the market can be expanded in the industry to generate more revenue with all the important government guidelines and environmental policies.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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