Market Overview:
The global epoxy parking deck coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The base layer segment is expected to dominate the market in terms of revenue share during the forecast period, followed by the top layer and others segments. In terms of application, the heavy-duty parking decks segment is expected to account for a major share of the global epoxy parking deck coatings market during the forecast period, followed by pedestrian and light-wheeled traffic area and others segments. The North America region is estimated to account for a major share of the global epoxy parking deck coatings market in 2018, followed by Europe, Asia Pacific and Latin America regions.
Product Definition:
Epoxy Parking Deck Coatings are a type of coating that is used to protect and seal concrete surfaces. They are typically applied in parking garages, as they can help to prevent staining and fading of the concrete, as well as cracking and other damage. Epoxy coatings can also provide a slip-resistant surface for safety.
Base Layer:
The base layer is the first coat applied in parking deck coatings. It has significant impact on the overall appearance of a structure. The thickness of this coating ranges from 0.1 to 2 inches, depending upon its application and location on a structure. This layer also provides protection against moisture, which is essential for proper curing of upper coats (topcoat).
Top Layer:
Top layer is the uppermost coat of an epoxy parking deck coating. It forms a protective barrier over the concrete surface and prevents water from penetrating into the substrate. Top layer is applied in various thicknesses depending on deck type, environmental conditions, and structural requirements.
The top layer acts as a vapor retarder which helps in preventing moisture absorption by capillary action or convection radiation.
Application Insights:
The heavy-duty parking deck segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growth can be attributed to the rising construction activities of commercial buildings, offices, malls and hospitals across the globe. The application requires minimal maintenance as compared with other applications as well as provides superior protection against harsh environmental conditions such as snow, ice, sleet rain and hail.
Epoxy coatings are used in pedestrian and light-wheeled traffic area of a parking garage or ramp for protection against damage caused by vehicles hitting pedestrians or falling objects on account of their high impact resistance property. They provide safety along with durability owing to its chemical inertness which prevents corrosion caused by metal protrusions such as wires etc., sticking out from the concrete surface below which leads to potential injury or death of people walking on these surfaces.
Regional Analysis:
North America dominated the global epoxy parking deck coatings market in terms of both volume and revenue. The region accounted for over 35% of the total market share in 2017. Increasing construction spending owing to rising demand for commercial spaces, coupled with growing investments from public agencies, is expected to drive product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period on account of rapid urbanization and increasing infrastructure investment driven by government initiatives aimed at improving transportation facilities within countries as well as across regions.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for better aesthetics in parking decks: The need for better aesthetics is driving the demand for epoxy coatings in parking decks. Epoxy coatings offer a variety of colors and finishes that can enhance the appearance of a parking deck.
- Growing popularity of epoxy coatings among contractors and property owners: Epoxy coatings are becoming increasingly popular among contractors and property owners due to their durability, low maintenance requirements, and ease of installation.
- Rising awareness about the benefits of epoxy coatings: There is growing awareness about the benefits of epoxy coatings among architects, engineers, contractors, and property owners. This is driving the demand for these coatings in various applications such as parking decks, bridges, tunnels, etc.
- Technological advancements in epoxy coating formulations: The development of new technologies has led to the introduction of advanced formulations of epoxy coating products that offer improved performance properties such as durability and resistance to weathering effects. This is helping to boost the adoption rateof thesecoatingsamongstconstruction professionalsandpropertyowners alike . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy Parking Deck Coatings Market Research Report
By Type
Base Layer, Top Layer, Others
By Application
Heavy-duty Parking Decks, Pedestrian and Light-wheeled Traffic Area, Others
By Companies
Sika AG, Tremco Incorporated, BASF, MAPEI, Stonhard, Tennant Coatings
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy Parking Deck Coatings Market Report Segments:
The global Epoxy Parking Deck Coatings market is segmented on the basis of:
Types
Base Layer, Top Layer, Others
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
Heavy-duty Parking Decks, Pedestrian and Light-wheeled Traffic Area, 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 AG
- Tremco Incorporated
- BASF
- MAPEI
- Stonhard
- Tennant Coatings
Highlights of The Epoxy Parking Deck Coatings 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:
- Base Layer
- Top Layer
- Others
- By Application:
- Heavy-duty Parking Decks
- Pedestrian and Light-wheeled Traffic Area
- 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 Epoxy Parking Deck Coatings 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.
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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?
Epoxy Parking Deck Coatings are a type of coating that is used to protect surfaces from weathering and corrosion. Epoxy coatings are typically made up of two parts: an epoxy resin and a hardener. The epoxy resin is mixed with the hardener, which causes it to become a thick liquid form. Once the mixture has been properly mixed, it can be applied to the surface that needs protection by using a spray gun or brush.
Some of the major players in the epoxy parking deck coatings market are Sika AG, Tremco Incorporated, BASF, MAPEI, Stonhard, Tennant Coatings.
The epoxy parking deck coatings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size & Forecast, 2018-2028 4.5.1 Epoxy Parking Deck Coatings Market Size and Y-o-Y Growth 4.5.2 Epoxy Parking Deck Coatings Market Absolute $ Opportunity
Chapter 5 Global Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size Forecast by Type
5.2.1 Base Layer
5.2.2 Top Layer
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size Forecast by Applications
6.2.1 Heavy-duty Parking Decks
6.2.2 Pedestrian and Light-wheeled Traffic Area
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size Forecast by Type
9.6.1 Base Layer
9.6.2 Top Layer
9.6.3 Others
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 Epoxy Parking Deck Coatings Market Size Forecast by Applications
9.10.1 Heavy-duty Parking Decks
9.10.2 Pedestrian and Light-wheeled Traffic Area
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 Epoxy Parking Deck Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size Forecast by Type
10.6.1 Base Layer
10.6.2 Top Layer
10.6.3 Others
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 Epoxy Parking Deck Coatings Market Size Forecast by Applications
10.10.1 Heavy-duty Parking Decks
10.10.2 Pedestrian and Light-wheeled Traffic Area
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 Epoxy Parking Deck Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size Forecast by Type
11.6.1 Base Layer
11.6.2 Top Layer
11.6.3 Others
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 Epoxy Parking Deck Coatings Market Size Forecast by Applications
11.10.1 Heavy-duty Parking Decks
11.10.2 Pedestrian and Light-wheeled Traffic Area
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 Epoxy Parking Deck Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Epoxy Parking Deck Coatings 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 Epoxy Parking Deck Coatings Market Size Forecast by Type
12.6.1 Base Layer
12.6.2 Top Layer
12.6.3 Others
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 Epoxy Parking Deck Coatings Market Size Forecast by Applications
12.10.1 Heavy-duty Parking Decks
12.10.2 Pedestrian and Light-wheeled Traffic Area
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) Epoxy Parking Deck Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Epoxy Parking Deck Coatings 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) Epoxy Parking Deck Coatings Market Size Forecast by Type
13.6.1 Base Layer
13.6.2 Top Layer
13.6.3 Others
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) Epoxy Parking Deck Coatings Market Size Forecast by Applications
13.10.1 Heavy-duty Parking Decks
13.10.2 Pedestrian and Light-wheeled Traffic Area
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 Epoxy Parking Deck Coatings Market: Competitive Dashboard
14.2 Global Epoxy Parking Deck Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika AG
14.3.2 Tremco Incorporated
14.3.3 BASF
14.3.4 MAPEI
14.3.5 Stonhard
14.3.6 Tennant Coatings