Market Overview:
The global polyaspartic garage floor coatings market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for durable and aesthetically pleasing garage floor coatings. In terms of type, the global polyaspartic garage floor coatings market is segmented into pure coatings and hybrid coatings. The pure coating segment is further sub-segmented into water-based and solvent-based products. In terms of application, the global polyaspartic garage floor coatings market is segmented into building & construction, transportation, industrial, and other applications. The other applications segment includes residential garages and retail stores/shops among others. Geographically, the global polyaspartic garage floor coatings market is divided into five regions namely North America, Latin America, Europe Asia Pacific (APAC) and Middle East & Africa (MEA).
Product Definition:
Polyaspartic garage floor coatings are a type of coating that is applied to the floor of a garage. This type of coating is important because it can protect the floor from damage and make it easier to clean.
Pure Coatings:
Pure coatings are water-based paints that contain no solvents and are VOC free. They offer excellent adhesion, abrasion, and chemical resistance properties to substrates such as concrete, metal, wood or plastic. Pure coating is a two-component system consisting of a polyaspartic acid medium (HA) with an oil or solvent basecoat.
Hybrid Coatings:
Hybrid coatings are a combination of two or more different resins, which are combined to get the desired result. The most commonly used hybrid coating is epoxy-urethane, which contains an urethane base resin and epoxy topcoat. Hybrid coatings have become very popular in recent years due to their excellent properties that include high resistance against stains & chemicals, abrasion & heat and superior durability along with low VOC content making them environmentally friendly.
Application Insights:
Building & construction was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The rising demand for high-quality coatings from various building & construction projects across the globe is expected to drive market growth.
Polyaspartic garage floor coatings are used in residential, commercial and industrial buildings as they provide superior protection against water, oil, skid marks and other stains which enhances their lifespan. They are also easy to clean with regular mops or vacuum cleaners as they have a smooth finish which does not collect dirt or dust particles like other types of flooring do. These hybrid products offer better resistance against chemicals, abrasion and heat which makes them ideal for use in parking garages where vehicles park continuously over weekends or holidays when compared with traditional asphalt based floors that get dusty quickly due to lack of ventilation near vehicle entryways during these times.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for over 35% of the overall revenue share. The region is anticipated to continue its dominance over the forecast period owing to increasing construction activities mainly in China, India, Japan, South Korea, Indonesia and Malaysia. In addition rising automotive production due to low labor cost coupled with easy availability of raw materials such as aluminum will drive product demand further.
Europe is expected to witness a growth rate of 5.8% from 2018 to 2030 owing an increase in residential construction activities along with renovation projects especially in Germany and U.K.
Growth Factors:
- Increasing demand for garage floor coatings in the automotive and construction industries as a protective and decorative measure.
- Rising awareness about the benefits of polyaspartic coatings over traditional coating materials such as epoxy and acrylics among consumers.
- Technological advancements in polyaspartic coatings that improve their durability, resistance to staining, and overall aesthetics.
- Growing popularity of do-it-yourself (DIY) garage floor coating kits among homeowners looking to save on costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyaspartic Garage Floor Coatings Market Research Report
By Type
Pure Coatings, Hybrid Coatings
By Application
Building & Construction, Transportation, Industrial, Other
By Companies
SPI, Versaflex, PPG Industries, Polycoat Products, Krypton Chemical, Supe, Sherwin-Williams, Kukdo Chemicals, Wasser Corporation, Armorthane, Tecnopol, Nukote Coating Systems, Rhino Linings, SWD, Huate, Qingdao Air, Feiyang, BASF
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Polyaspartic Garage Floor Coatings Market Report Segments:
The global Polyaspartic Garage Floor Coatings market is segmented on the basis of:
Types
Pure Coatings, Hybrid Coatings
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
Building & Construction, Transportation, Industrial, 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:
- SPI
- Versaflex
- PPG Industries
- Polycoat Products
- Krypton Chemical
- Supe
- Sherwin-Williams
- Kukdo Chemicals
- Wasser Corporation
- Armorthane
- Tecnopol
- Nukote Coating Systems
- Rhino Linings
- SWD
- Huate
- Qingdao Air
- Feiyang
- BASF
Highlights of The Polyaspartic Garage 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:
- Pure Coatings
- Hybrid Coatings
- By Application:
- Building & Construction
- Transportation
- Industrial
- 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 Polyaspartic Garage 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?
Polyaspartic garage floor coatings are a type of coating that is made up of many small, thin sheets of plastic. This type of coating is often used on concrete floors because it is very durable and can resist scratches and other damage. Polyaspartic garage floor coatings also tend to be less expensive than other types of Garage Floor Coating, and they are easy to apply.
Some of the major players in the polyaspartic garage floor coatings market are SPI, Versaflex, PPG Industries, Polycoat Products, Krypton Chemical, Supe, Sherwin-Williams, Kukdo Chemicals, Wasser Corporation, Armorthane, Tecnopol, Nukote Coating Systems, Rhino Linings, SWD, Huate, Qingdao Air, Feiyang, BASF.
The polyaspartic garage floor coatings market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyaspartic Garage Floor Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polyaspartic Garage Floor Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyaspartic Garage Floor Coatings Market - Supply Chain
4.5. Global Polyaspartic Garage Floor Coatings Market Forecast
4.5.1. Polyaspartic Garage Floor Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyaspartic Garage Floor Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyaspartic Garage Floor Coatings Market Absolute $ Opportunity
5. Global Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
5.3.1. Pure Coatings
5.3.2. Hybrid Coatings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Transportation
6.3.3. Industrial
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polyaspartic Garage Floor Coatings Demand Share Forecast, 2019-2029
9. North America Polyaspartic Garage Floor Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Transportation
9.4.3. Industrial
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
9.7.1. Pure Coatings
9.7.2. Hybrid Coatings
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polyaspartic Garage Floor Coatings Demand Share Forecast, 2019-2029
10. Latin America Polyaspartic Garage Floor Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Transportation
10.4.3. Industrial
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
10.7.1. Pure Coatings
10.7.2. Hybrid Coatings
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polyaspartic Garage Floor Coatings Demand Share Forecast, 2019-2029
11. Europe Polyaspartic Garage Floor Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Transportation
11.4.3. Industrial
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
11.7.1. Pre Coatings
11.7.2. Hybrid Coatings
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polyaspartic Garage Floor Coatings Demand Share, 2019-2029
12. Asia Pacific Polyaspartic Garage Floor Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Transportation
12.4.3. Industrial
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
12.7.1. Pure Coatings
12.7.2. Hybrid Coatings
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polyaspartic Garage Floor Coatings Demand Share, 2019-2029
13. Middle East & Africa Polyaspartic Garage Floor Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polyaspartic Garage Floor Coatings Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Transportation
13.4.3. Industrial
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
13.7.1. Pure Coatings
13.7.2. Hybrid Coatings
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polyaspartic Garage Floor Coatings Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Polyaspartic Garage Floor Coatings Market: Market Share Analysis
14.2. Polyaspartic Garage Floor Coatings Distributors and Customers
14.3. Polyaspartic Garage Floor Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SPI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Versaflex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PPG Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Polycoat Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Krypton Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Supe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sherwin-Williams
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kukdo Chemicals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wasser Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Armorthane
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tecnopol
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nukote Coating Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rhino Linings
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SWD
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Huate
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Qingdao Air
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Feiyang
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BASF
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
