Market Overview:
The global decorative floor coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for decorative floor coatings from commercial and residential applications. In terms of type, the epoxy decorative floor coating segment is expected to lead the market during the forecast period, owing to its properties such as durability and resistance to abrasion. In terms of region, North America is expected to lead the global decorative floor coating market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A decorative floor coating is a type of floor finish that is applied to create a decorative appearance. Decorative floor coatings are available in a variety of colors and textures, and can be used to enhance the appearance of any room. They are also durable and easy to maintain, making them an ideal choice for high-traffic areas.
Epoxy Decorative Floor Coating:
Epoxy decorative floor coating is a resin-based, two-component system that is manufactured to provide high performance and excellent durability in both extreme temperature and moisture conditions. The product offers superior protection against wear & tear along with chemical, abrasion & heat resistance. It also provides easy cleaning and has the ability to retain its original appearance for a longer duration of time.
Urethane Decorative Floor Coating:
Urethane decorative floor coating is a type of elastomeric coatings that are used for providing high-temperature resistance, abrasion, and chemical resistance to floors. Urethanes are widely utilized in the flooring industry on account of their superior properties such as durability, easy maintenance and repairability coupled with flexibility underfoot.
Application Insights:
The commercial application segment led the global decorative floor coating market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising construction activities across various industries, including healthcare, retail, hospitality and tourism, among others. In addition decors such as70s modern concept are being followed by designers which is expected to boost product demand over the next few years.
Residential application accounted for 33% share of the overall revenue in 2017 owing to increasing residential construction activities across developing countries including India China Indonesia Thailand Malaysia Philippines Brazil etc. Rising purchasing power along with an increase in disposable income has boosted demand for luxury houses which has further increased product penetration into premium grade paints that cater high resistance against scratches and wear & tear thereby attracting consumers towards it¢â‚¬â„¢s use on a decorative level inside homes or living rooms as an accent piece decoration.
Other applications include industrial buildings warehouses etc.
Regional Analysis:
Asia Pacific dominated the global decorative floor coating market in 2017. The region is expected to witness a significant rise in demand for decorative floor coatings over the forecast period owing to rapid growth of the construction industry and increasing investments in commercial buildings. In addition, growing tourism sector has led to an increase in demand for restaurants and hotels, which will further drive product consumption.
Europe was estimated as the second-largest regional market followed by North America with a share of more than 30% each respectively. The European market is characterized by stringent regulations regarding VOC emissions from paints & coatings products as well as high consumer awareness regarding environment protection resulting into increased adoption of eco-friendly solutions such as epoxy decorative floor coatings manufactured using Solvay's Enviropol technology platform.
The Asia Pacific economy is driven by developing countries such as China, India, Indonesia.
Growth Factors:
- Increasing demand for decorative floor coatings from the residential sector on account of their aesthetic appeal.
- Rising demand for low-VOC and water-based decorative floor coatings owing to environmental concerns.
- Growing popularity of self-levelling decorative floor coatings among consumers due to their ease of application and superior finish quality.
- Proliferation of retail stores offering a wide range of decorative floor coatings products, which is aiding in market growth by increasing consumer awareness about these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Decorative Floor Coating Market Research Report
By Type
Epoxy Decorative Floor Coating, Urethane Decorative Floor Coating
By Application
Commercial, Residential, Others
By Companies
Sika Group, Florock, Sterling Flooring Coatings, Novacolor, Rust-Oleum, Terraco, Briz Floors, ISOTeam C＆P, Thermal-Chem, H&H Painting Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Decorative Floor Coating Market Report Segments:
The global Decorative Floor Coating market is segmented on the basis of:
Types
Epoxy Decorative Floor Coating, Urethane Decorative Floor Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sika Group
- Florock
- Sterling Flooring Coatings
- Novacolor
- Rust-Oleum
- Terraco
- Briz Floors
- ISOTeam C＆P
- Thermal-Chem
- H&H Painting Company
Highlights of The Decorative Floor Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Decorative Floor Coating
- Urethane Decorative Floor Coating
- By Application:
- Commercial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Decorative Floor Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Decorative floor coating is a type of paint that is designed to give a glossy finish to the floor. It can be used on both hardwood and laminate floors.
Some of the key players operating in the decorative floor coating market are Sika Group, Florock, Sterling Flooring Coatings, Novacolor, Rust-Oleum, Terraco, Briz Floors, ISOTeam C＆P, Thermal-Chem, H&H Painting Company.
The decorative floor coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Decorative Floor Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Decorative Floor Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Decorative Floor Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Decorative Floor Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Decorative Floor Coating Market Size & Forecast, 2020-2028
4.5.1 Decorative Floor Coating Market Size and Y-o-Y Growth
4.5.2 Decorative Floor Coating Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Epoxy Decorative Floor Coating
5.2.2 Urethane Decorative Floor Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Decorative Floor Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Decorative Floor Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Epoxy Decorative Floor Coating
9.6.2 Urethane Decorative Floor Coating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Epoxy Decorative Floor Coating
10.6.2 Urethane Decorative Floor Coating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Epoxy Decorative Floor Coating
11.6.2 Urethane Decorative Floor Coating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Epoxy Decorative Floor Coating
12.6.2 Urethane Decorative Floor Coating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Epoxy Decorative Floor Coating
13.6.2 Urethane Decorative Floor Coating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Decorative Floor Coating Market: Competitive Dashboard
14.2 Global Decorative Floor Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika Group
14.3.2 Florock
14.3.3 Sterling Flooring Coatings
14.3.4 Novacolor
14.3.5 Rust-Oleum
14.3.6 Terraco
14.3.7 Briz Floors
14.3.8 ISOTeam C＆P
14.3.9 Thermal-Chem
14.3.10 H&H Painting Company
