Floor Coatings Market Status; the Best Is Yet to Come

Floor Coatings Market Latest Edition Published with Forecast to 2027
According FDA “The coatings are formulated from optional substances that may include: (1) Substances generally recognized as safe in food. (2) Substances the use of which is permitted by regulations in this part or which are permitted by prior sanction or approval and employed under the specific conditions, if any, of the prior sanction or approval.”

The article cited AMA's "Global Floor Coatings Market Study" explored CAGR of 6.22%. According to the report, High Adoption of 1K Water-Based Polyurethane is one of the primary growth factors for the market. Increased Globalization and Urbanization is also expected to contribute significantly to the Floor Coatings market. Overall, applications of Floor Coatings, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Coating Type, such as 1K, is boosting the Floor Coatings market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Floor Structure, such as Wood, is boosting the Floor Coatings market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Binder Type, such as Epoxy, is boosting the Floor Coatings market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Residential, is boosting the Floor Coatings market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Floor Coatings market identified that the demand is rising in many different parts of the world as "High Demand of Architectural Coatings That Reflect the Sun Radiant Heat ". Furthermore, some recent industry insights like "On 21st November 2018, BASF has launched online solution-finder for the construction industry. The solution-finder delivers users with the means to discover and find applicable solutions as well as products for construction projects in the food-and-beverage, chemical, and wastewater-engineering industries. and On 14th September 2018, BASF’s Coatings division has opened a new laboratory for automotive OEM coatings at its site in Münster, Germany. The modular “Lean Lab” concept purposes to confirm optimized, digitalized and transparent processes and efficient use of resources in the laboratory area throughout Europe." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Floor Coatings market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Floor Coatings market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at complete Table of Content: Global Floor Coatings Market Study

Data Triangulation
The overall Floor Coatings market size is calculated using market estimation process, the Floor Coatings market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Floor Coatings market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager