Market Overview:
The global polyurethane for flooring 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 polyurethane flooring in commercial and industrial applications. Polyurethane flooring is known for its durability, resistance to abrasion, and low maintenance requirements, which has led to its increasing adoption in these applications. Based on type, the global polyurethane for flooring market can be segmented into water-based polyurethane and oil-based polyurethane. Water-based polyurethanes are more popular than oil-based ones due to their environmental friendly nature and lower toxicity levels. They are also easier to install and maintain than oil-based ones. Based on application, the global market can be segmented into commercial and industrial applications. Commercial applications include retail stores, restaurants, hotels etc., while industrial applications include factories, warehouses etc.
Product Definition:
Polyurethane is a synthetic resin that is widely used in coatings, adhesives, elastomers, and foams. Polyurethane for flooring can be either a solid or liquid and it is applied as a coating to protect the floor from scratches and stains.
Water-Based Polyurethane:
Water-based polyurethane is a type of PU, which is produced using natural or artificial water sources. It has high demand in various end-use industries such as automotive and construction owing to its properties such as excellent insulation, thermal resistance, and sound absorption. Water-based polyurethane (PU) coatings are used for providing protection from extreme temperature conditions that can cause damage to the vehicle body parts.
Oil-Based Polyurethane:
Oil-based polyurethane (PU) is a type of polyol, which is derived from crude oil. It has high demand in the flooring industry as it provides excellent insulation and sound absorption properties. The global consumption for oil-based PU was estimated to be around 8 million tons in 2015 and its demand is expected to grow at a CAGR of XX% from 2016 to 2022.
Application Insights:
The commercial application segment held the largest share of more than 70.0% in 2017. The growing construction and infrastructure sector across the globe is expected to augment product demand in this application segment over the forecast period. Commercial buildings require high-performance polyurethane products for noise reduction, thermal insulation, durability and cost-effectiveness among others.
Industrial applications include food & beverage processing plants, chemical manufacturing facilities, paper mills and pharmaceutical industries among others which require tough yet comfortable flooring solutions for heavy industrial use cases at a reasonable price point. Polyurethane is used as a component of various flooring systems including resilient floors that are ideal for industrial applications due to their resistance towards chemicals, oil & water spills along with noise reduction properties offered by these products under heavy footfall conditions without getting damaged or worn out easily over time like other materials would do so easily.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for PU flooring in commercial and industrial applications. The region comprises emerging economies such as China, India, Indonesia, Malaysia and Thailand which are major manufacturing hubs for various consumer goods including automobiles and electronics among others. Increasing disposable income coupled with growing population has resulted in an increased demand for high-quality construction materials that will last longer thus boosting the polyurethane industry growth over the forecast period.
The European market was valued at USD X million in 2017 on account of rising product adoption across several industries including automotive, construction & infrastructure development followed by North America region due to its well established automobile industry along with growing residential sector mainly driven by millennials who prefer modern living spaces thereby driving up product consumption across these regions.
Growth Factors:
- Increasing demand from the construction industry for flooring applications
- Rising disposable income of consumers, which is resulting in an increase in demand for luxury flooring products
- Proliferation of modern retail formats that are promoting the sale of flooring products
- Growing popularity of DIY (Do It Yourself) projects among consumers
- Technological advancements in the polyurethane flooring market
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurethane for Flooring Market Research Report
By Type
Water-Based Polyurethane, Oil-Based Polyurethane
By Application
Commercial, Industrial
By Companies
Sika, RPM, Clean Coats Pvt. Ltd., Tri Polarcon Pvt. Ltd., Hempel, VIACOR Polymer GmbH, MAPEI S.p.A., MBCC Group, Flowcrete, CPG Europe
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Polyurethane for Flooring Market Report Segments:
The global Polyurethane for Flooring market is segmented on the basis of:
Types
Water-Based Polyurethane, Oil-Based Polyurethane
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, Industrial
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
- RPM
- Clean Coats Pvt. Ltd.
- Tri Polarcon Pvt. Ltd.
- Hempel
- VIACOR Polymer GmbH
- MAPEI S.p.A.
- MBCC Group
- Flowcrete
- CPG Europe
Highlights of The Polyurethane for Flooring 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:
- Water-Based Polyurethane
- Oil-Based Polyurethane
- By Application:
- Commercial
- Industrial
- 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 Polyurethane for Flooring 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?
Polyurethane is a type of flooring that is made from a polymer material. This material is often used to make floors because it is durable, easy to clean, and has a variety of colors and textures that can be customized to fit any room in the house.
Some of the major players in the polyurethane for flooring market are Sika, RPM, Clean Coats Pvt. Ltd., Tri Polarcon Pvt. Ltd., Hempel, VIACOR Polymer GmbH, MAPEI S.p.A., MBCC Group, Flowcrete, CPG Europe.
The polyurethane for flooring 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 Polyurethane for Flooring 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 Polyurethane for Flooring Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyurethane for Flooring 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 Polyurethane for Flooring 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 Polyurethane for Flooring Market Size & Forecast, 2018-2028
4.5.1 Polyurethane for Flooring Market Size and Y-o-Y Growth
4.5.2 Polyurethane for Flooring Market Absolute $ Opportunity
Chapter 5 Global Polyurethane for Flooring 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 Polyurethane for Flooring Market Size Forecast by Type
5.2.1 Water-Based Polyurethane
5.2.2 Oil-Based Polyurethane
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyurethane for Flooring 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 Polyurethane for Flooring Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyurethane for Flooring 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 Polyurethane for Flooring 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 Polyurethane for Flooring Analysis and Forecast
9.1 Introduction
9.2 North America Polyurethane for Flooring 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 Polyurethane for Flooring Market Size Forecast by Type
9.6.1 Water-Based Polyurethane
9.6.2 Oil-Based Polyurethane
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 Polyurethane for Flooring Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
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 Polyurethane for Flooring Analysis and Forecast
10.1 Introduction
10.2 Europe Polyurethane for Flooring 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 Polyurethane for Flooring Market Size Forecast by Type
10.6.1 Water-Based Polyurethane
10.6.2 Oil-Based Polyurethane
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 Polyurethane for Flooring Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
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 Polyurethane for Flooring Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyurethane for Flooring 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 Polyurethane for Flooring Market Size Forecast by Type
11.6.1 Water-Based Polyurethane
11.6.2 Oil-Based Polyurethane
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 Polyurethane for Flooring Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
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 Polyurethane for Flooring Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyurethane for Flooring 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 Polyurethane for Flooring Market Size Forecast by Type
12.6.1 Water-Based Polyurethane
12.6.2 Oil-Based Polyurethane
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 Polyurethane for Flooring Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
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) Polyurethane for Flooring Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyurethane for Flooring 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) Polyurethane for Flooring Market Size Forecast by Type
13.6.1 Water-Based Polyurethane
13.6.2 Oil-Based Polyurethane
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) Polyurethane for Flooring Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
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 Polyurethane for Flooring Market: Competitive Dashboard
14.2 Global Polyurethane for Flooring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika
14.3.2 RPM
14.3.3 Clean Coats Pvt. Ltd.
14.3.4 Tri Polarcon Pvt. Ltd.
14.3.5 Hempel
14.3.6 VIACOR Polymer GmbH
14.3.7 MAPEI S.p.A.
14.3.8 MBCC Group
14.3.9 Flowcrete
14.3.10 CPG Europe
