According
to a new report published by Allied Market Research, titled,"India Floor Coatings Market by Binder Type, by
Coating Type, by Floor Structure, by End Use, and by Region:
Opportunity Analysis and Industry Forecast, 2018 - 2025,"The
India floor coatings market accounted for revenue of $56,000 thousand in 2017
and is anticipated to generate revenue of $91,129.8 thousand by 2025. The India
floor coatings market is projected to grow at a CAGR of 6.0% from 2018 to 2025.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/5175
Floor coatings are gaining increased importance in the residential, commercial,
and industrial sectors, as floors are an essential part of a construction that
experience damages such as spillage; abrasion; and exposure to dust, chemicals,
heavy load, and UV light. Major manufacturers focus on advancement in
technology for the development of eco-friendly products. Epoxy floor coating is
a major binder type used across all the major industries in the India floor
coatings market.
The
factors that drive the growth of the India floor coatings market include rise
in awareness related to the benefits provided by the floor coatings in industrial,
commercial, and residential spaces and development of floor coatings in
compliance to the environment.
The
use of metallic epoxies for garage and other commercial floor spaces is the
latest trend in the commercial floor coatings market, as they provide
high-gloss, metallic finish, which enhance the look of the floor. Moreover,
these floor coatings exhibit prolonged durability and resist abrasion. Also,
they are easy to maintain. Imparting aesthetic appearance to the indoor spaces,
which further facilitate their adoption in the India floor coatings market.
Such innovation and product development shift the use of traditional floor
coatings toward new advanced floor coating solutions.
Rapid
urbanization in India leads to upsurge in civil construction activities, which
is a key factor that promotes the usage of floor coatings in the residential,
commercial, and industrial.
Make an Enquiry before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/5175
The
India floor coatings market is segmented based on binder type, coating
component, floor structure, end use, and region. Based on binder type, it is
categorized into epoxy, thermoplastic, thermoset, and others. By coating
component, the market is classified into one-component (1K), two-component
(2K), and three-component (3K). Based on floor structure it is classified into
wood, terrazzo, mortar, and others. By end use it is classified into
residential, commercial, and industrial. By region, the market is studied
across North India, East India, South India, and West India.
The
key players analyzed in India floor coatings market are Flowcrete India,
AkzoNobel N.V., DowDuPont, The Arkema Group, Asian Paints Ltd., Kansai Nerolac
Paints Limited, Sika AG, British Paints, 3M, and Indigo Paints.
According to Onkar Sumant, Manager, Chemical and material at Allied Market
Research, The India floor coatings market is heading toward growth expansion
phase over the coming years. Present levels of urban infrastructure are
insufficient to meet the demands of the existing urban population. There is a
need for re-generation of urban areas in existing cities and the creation of
new, comprehensive smart cities to meet the demands of increasing population
and migration from rural to urban areas. Future cities of India will require
smart real estate and urban infrastructure. These factors are anticipated to
boost the growth of the market during the forecast period.
Access Full Summary @ https://www.alliedmarketresearch.com/india-floor-coatings-market
Key
Findings of the India Floor Coatings Market:
- Epoxy
in the binder type segment dominated the India floor coatings market with
a revenue share of over 38% in 2017
- South
India is projected to grow at a highest CAGR of nearly 6.4%, in terms of
revenue, during the forecast period
- The
residential segment dominated the end user segment with more than
one-third share in 2017
- The
qualitative data in this report aims on the market dynamics, trends, and
developments in the industry while the quantitative data provides
information of the India floor coatings market size in terms of revenue
About Us
Allied
Market Research (AMR) is a full-service market research and business-consulting
wing of Allied Analytics LLP based in Portland, Oregon. Allied Market
Research provides global enterprises as well as medium and small businesses
with unmatched quality of "Market Research Reports" and
"Business Intelligence Solutions." AMR has a targeted view to provide
business insights and consulting to assist its clients to make strategic
business decisions and achieve sustainable growth in their respective market
domain.
We
are in professional corporate relations with various companies and this helps
us in digging out market data that helps us generate accurate research data
tables and confirms utmost accuracy in our market forecasting. Each and every
data presented in the reports published by us is extracted through primary
interviews with top officials from leading companies of domain concerned. Our
secondary data procurement methodology includes deep online and offline
research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David
Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
Follow Us on Twitter: https://twitter.com/marketresearcht
No comments:
Post a Comment