Market Overview:
The global oil floor coatings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oil floor coatings from various end-use industries, such as industrial, residential, and other applications. In terms of type, the oxygen resin floor coating segment is projected to lead the global oil floor coatings market during the forecast period. This growth can be attributed to its properties such as high resistance against chemicals and solvents and good adhesion properties.
Product Definition:
A floor coating is a type of sealant that is applied to the surface of a floor to protect it from water, dirt, and other contaminants. Floor coatings are typically made from polyurethane or epoxy and can be used on both indoor and outdoor surfaces. They are often used in industrial settings where floors need to be kept clean and safe for workers.
Oxygen Resin Floor Coating:
Oxygen resin floor coating is a special type of epoxy flooring that uses oxygen as a reactant. The product has gained wide acceptance in the oil & gas industry for its ability to provide high-temperature resistance to epoxy-based coatings, which are prone to thermal degradation when exposed to high temperature/pressure conditions.
Polyurethane Floor Coating:
Polyurethane (PU) floor coating is a type of elastomeric material that is manufactured from two basic ingredients, namely polyols and urethanes. The product has high durability, low VOCs and offers excellent resistance to oil & chemicals. It also provides high impact resistance and insulation against heat & cold.
Application Insights:
The industrial application segment led the global oil floor coatings market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for chemical-free, environment-friendly products with superior properties for manufacturing floors in refineries, petrochemical plants and other industrial facilities.
Residential applications accounted for 23.3% of the overall volume share in 2017 owing to rising consumer spending on home remodeling projects that include new kitchen & bathroom installations along with other construction activities such as additions or alterations carried out within a house¢â‚¬â„¢s footprint area. This factor is anticipated to fuel product demand from 2018 to 2030 thereby supporting industry growth during this period. Other applications include commercial buildings (such as offices), transportation facilities (such as airports) and public infrastructure (schools).
Regional Analysis:
North America emerged as the largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand from various end-use applications, such as industrial and commercial buildings, residential buildings, and other infrastructure facilities. In addition, rising government initiatives for infrastructural development are likely to augment product demand in North America.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid urbanization coupled with growing industrialization across emerging economies of India and China. These countries have a huge potential for expansion of oil & gas reserves which will further drive product consumption in Asia Pacific floor coatings market in future years.
Growth Factors:
- Increasing demand from the end-use industries: The global oil floor coatings market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from various end-use industries such as automotive, construction, and marine.
- Rising investments in infrastructure development: The growth of the oil floor coatings market is also attributed to the increasing investments in infrastructure development across the globe. This is further expected to drive the demand for oil floor coatings in near future.
- Growing awareness about benefits of using oil floor coatings: There has been a rise in awareness among consumers about benefits associated with using oil floor coatings products such as durability, resistance against abrasion and corrosion, etc., which is likely to boost market growth over next few years.
- . 5 Technological advancements: Continuous technological advancements taking place across different industry verticals are providing impetus to overall growth of global Oil Floor Coatings Market
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil Floor Coatings Market Research Report
By Type
Oxygen Resin Floor Coating, Polyurethane Floor Coating, Unsaturated Polyester Resin Floor Coating, Other
By Application
Industrial, Residential, Other
By Companies
Sika, Sherwin Williams, Akzo Nobel, PPG Industries, RPM International, BASF, DowDuPont, Nippon Paint, Diamond Paints, Valspar, Sika
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Oil Floor Coatings Market Report Segments:
The global Oil Floor Coatings market is segmented on the basis of:
Types
Oxygen Resin Floor Coating, Polyurethane Floor Coating, Unsaturated Polyester Resin Floor Coating, Other
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
Industrial, Residential, Other
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
- Sherwin Williams
- Akzo Nobel
- PPG Industries
- RPM International
- BASF
- DowDuPont
- Nippon Paint
- Diamond Paints
- Valspar
- Sika
Highlights of The Oil Floor 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:
- Oxygen Resin Floor Coating
- Polyurethane Floor Coating
- Unsaturated Polyester Resin Floor Coating
- Other
- By Application:
- Industrial
- Residential
- Other
- 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 Oil Floor 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.
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?
Oil floor coatings are a type of coating that is applied to the surface of a floor. They are made up of a mixture of oil and water, and they are used to protect the floor from moisture and damage. Oil floor coatings can be used in both commercial and residential settings, and they can be applied using a variety of methods.
Some of the major players in the oil floor coatings market are Sika, Sherwin Williams, Akzo Nobel, PPG Industries, RPM International, BASF, DowDuPont, Nippon Paint, Diamond Paints, Valspar, Sika.
The oil floor coatings 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 Oil Floor 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 Oil Floor Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil Floor 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 Oil Floor 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 Oil Floor Coatings Market Size & Forecast, 2018-2028
4.5.1 Oil Floor Coatings Market Size and Y-o-Y Growth
4.5.2 Oil Floor Coatings Market Absolute $ Opportunity
Chapter 5 Global Oil Floor 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 Oil Floor Coatings Market Size Forecast by Type
5.2.1 Oxygen Resin Floor Coating
5.2.2 Polyurethane Floor Coating
5.2.3 Unsaturated Polyester Resin Floor Coating
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil Floor 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 Oil Floor Coatings Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Residential
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil Floor 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 Oil Floor 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 Oil Floor Coatings Analysis and Forecast
9.1 Introduction
9.2 North America Oil Floor 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 Oil Floor Coatings Market Size Forecast by Type
9.6.1 Oxygen Resin Floor Coating
9.6.2 Polyurethane Floor Coating
9.6.3 Unsaturated Polyester Resin Floor Coating
9.6.4 Other
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 Oil Floor Coatings Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Residential
9.10.3 Other
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 Oil Floor Coatings Analysis and Forecast
10.1 Introduction
10.2 Europe Oil Floor 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 Oil Floor Coatings Market Size Forecast by Type
10.6.1 Oxygen Resin Floor Coating
10.6.2 Polyurethane Floor Coating
10.6.3 Unsaturated Polyester Resin Floor Coating
10.6.4 Other
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 Oil Floor Coatings Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Residential
10.10.3 Other
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 Oil Floor Coatings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil Floor 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 Oil Floor Coatings Market Size Forecast by Type
11.6.1 Oxygen Resin Floor Coating
11.6.2 Polyurethane Floor Coating
11.6.3 Unsaturated Polyester Resin Floor Coating
11.6.4 Other
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 Oil Floor Coatings Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Residential
11.10.3 Other
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 Oil Floor Coatings Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil Floor 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 Oil Floor Coatings Market Size Forecast by Type
12.6.1 Oxygen Resin Floor Coating
12.6.2 Polyurethane Floor Coating
12.6.3 Unsaturated Polyester Resin Floor Coating
12.6.4 Other
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 Oil Floor Coatings Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Residential
12.10.3 Other
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) Oil Floor Coatings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil Floor 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) Oil Floor Coatings Market Size Forecast by Type
13.6.1 Oxygen Resin Floor Coating
13.6.2 Polyurethane Floor Coating
13.6.3 Unsaturated Polyester Resin Floor Coating
13.6.4 Other
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) Oil Floor Coatings Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Residential
13.10.3 Other
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 Oil Floor Coatings Market: Competitive Dashboard
14.2 Global Oil Floor Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika
14.3.2 Sherwin Williams
14.3.3 Akzo Nobel
14.3.4 PPG Industries
14.3.5 RPM International
14.3.6 BASF
14.3.7 DowDuPont
14.3.8 Nippon Paint
14.3.9 Diamond Paints
14.3.10 Valspar
14.3.11 Sika
