Market Overview:
The global water-based floor paint 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 water-based floor paints from residential, commercial, and industrial applications. In terms of volume, the water-diluted paint segment is expected to dominate the global water-based floor paint market during the forecast period. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030.
Product Definition:
Water-based floor paint is a type of paint that is made to be used on floors. It is important because it can help to protect the floor from damage, and it can also make the floor look nicer.
Water-Diluted Paint:
Water-diluted paint is a water-based emulsion of paints, consisting of an oil diluent and water. It's the most commonly used type of paint in residential and commercial applications. Water-diluted paints contain around 40% solids by weight, which makes them lighter than conventional oils on drywall or concrete surfaces.
Water Dispersible Paint:
Water Dispersible Paints are used in water-based floor paints to provide a high quality of finish with reduced drying time. These products have excellent adhesion properties and can be easily applied over a wide variety of substrates. They also offer good resistance to water, alkali & heat and have low VOC content making them suitable for use in environment where VOC emissions are regulated or banned.
Application Insights:
The global demand for GWBFP by application is categorized into residential, commercial and industrial. The residential segment accounted for the largest share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to growing urbanization along with increasing disposable income levels of consumers in emerging economies such as India, China, Brazil etc.
Rising consumer awareness regarding health & hygiene coupled with rising concerns regarding pest-free homes has resulted in a rise in the demand for water-based floor paints across all three applications globally. Furthermore, favorable government policies promoting home remodeling & repairs are expected to boost product sales over the next few years.
In terms of revenue, North America dominated the market with a share of 37% followed by Europe at 31%. Asia Pacific was estimated to account for 23% while Middle East & Africa was valued at 10%.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and has witnessed significant growth in urbanization, which has increased the demand for residential buildings as well as commercial spaces. This scenario is anticipated to drive product demand over the forecast period.
Europe accounted for more than 25% of total market share in terms of revenue owing to high acceptance from end-users coupled with favorable regulatory framework pertaining to VOC emissions reduction. Europe also happens to be one of the most influential markets when it comes to trendsetting, which can be attributed largely toward water-based paints’ popularity among consumers there.
North America emerged as a promising regional market during our research study due North American countries being amongst those who have signed Waterborne Free Trade Agreements (WTFTA).
Growth Factors:
- Increasing demand from the construction sector: The global construction industry is expected to grow at a CAGR of 4.5% during the forecast period, owing to the increasing urbanization and infrastructure development across the world. This is expected to drive the demand for water-based floor paint, as it is used extensively in construction projects.
- Rising awareness about environment-friendly products: There has been a growing awareness among consumers about using environment-friendly products and services. This has led to an increase in demand for water-based floor paints, as they are non-toxic and do not contain any harmful chemicals that can harm the environment.
- Growing popularity of DIY projects: There has been a growing trend of Do It Yourself (DIY) projects among consumers in recent years. This has led to an increase in demand for water-based floor paints, as they are easy to use and do not require any special skills or expertise for application..
Scope Of The Report
Report Attributes
Report Details
Report Title
Water-based Floor Paint Market Research Report
By Type
Water-Diluted Paint, Water Dispersible Paint
By Application
Residential, Commercial, Industrial
By Companies
Sika, The Sherwin Williams, Akzo Nobel, PPG Industries, RPM International, 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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Water-based Floor Paint Market Report Segments:
The global Water-based Floor Paint market is segmented on the basis of:
Types
Water-Diluted Paint, Water Dispersible Paint
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
Residential, 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
- The Sherwin Williams
- Akzo Nobel
- PPG Industries
- RPM International
- Sika
Highlights of The Water-based Floor Paint 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-Diluted Paint
- Water Dispersible Paint
- By Application:
- Residential
- 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 Water-based Floor Paint 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?
Water-based floor paint is a type of paint that is made up of water and other ingredients. This type of paint can be used on many types of floors, including wood, tile, and concrete.
Some of the key players operating in the water-based floor paint market are Sika, The Sherwin Williams, Akzo Nobel, PPG Industries, RPM International, Sika.
The water-based floor paint 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 Water-based Floor Paint 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 Water-based Floor Paint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Water-based Floor Paint 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 Water-based Floor Paint 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 Water-based Floor Paint Market Size & Forecast, 2020-2028
4.5.1 Water-based Floor Paint Market Size and Y-o-Y Growth
4.5.2 Water-based Floor Paint 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 Water-Diluted Paint
5.2.2 Water Dispersible Paint
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 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water-based Floor Paint 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 Water-based Floor Paint 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 Water-Diluted Paint
9.6.2 Water Dispersible Paint
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 Residential
9.10.2 Commercial
9.10.3 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 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 Water-Diluted Paint
10.6.2 Water Dispersible Paint
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 Residential
10.10.2 Commercial
10.10.3 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 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 Water-Diluted Paint
11.6.2 Water Dispersible Paint
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 Residential
11.10.2 Commercial
11.10.3 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 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 Water-Diluted Paint
12.6.2 Water Dispersible Paint
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 Residential
12.10.2 Commercial
12.10.3 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) 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 Water-Diluted Paint
13.6.2 Water Dispersible Paint
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 Residential
13.10.2 Commercial
13.10.3 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 Water-based Floor Paint Market: Competitive Dashboard
14.2 Global Water-based Floor Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika
14.3.2 The Sherwin Williams
14.3.3 Akzo Nobel
14.3.4 PPG Industries
14.3.5 RPM International
14.3.6 Sika
