Epoxy Flooring Resins Market Size
Market Overview
| Study Period | 2017 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 5.38 Billion |
| Market Size (2030) | USD 6.83 Billion |
| Growth Rate (2025 - 2030) | 4.91% CAGR |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Epoxy Flooring Resins Market Analysis
The Epoxy Flooring Resins Market size is estimated at USD 5.38 billion in 2025, and is expected to reach USD 6.83 billion by 2030, at a CAGR of 4.91% during the forecast period (2025-2030).
The global construction industry is witnessing substantial growth driven by rapid urbanization and infrastructure development across major economies. Large-scale industrial and commercial construction projects are reshaping the landscape of flooring solutions, with a particular emphasis on durability and performance. The United States is leading this transformation with a projected investment of USD 47.59 billion in new industrial buildings by 2026, highlighting the robust demand for high-performance epoxy floor coatings solutions. This surge in construction activity is accompanied by increasing requirements for sustainable and environmentally conscious building materials, prompting manufacturers to develop eco-friendly epoxy resin flooring solutions.
The industrial and commercial real estate sectors are experiencing significant expansion, particularly in emerging economies. The Indian industrial and warehousing sector demonstrated remarkable growth with a 7% increase in absorption, reaching 22.4 million square feet in the first half of 2023. This trend is further amplified by the rising demand for modern warehousing facilities, data centers, and manufacturing units. The integration of advanced manufacturing technologies and automation is driving the need for specialized industrial epoxy flooring solutions that can withstand heavy machinery and maintain precise operational requirements.
The retail and commercial office space sector is undergoing substantial transformation, with developers focusing on creating modern, multi-functional spaces. Indonesia's development pipeline includes six shopping mall projects totaling 292 thousand square meters by 2025, exemplifying the robust growth in commercial infrastructure. In India, major metropolitan areas are witnessing unprecedented expansion in commercial space, with plans to open approximately 60 new shopping malls, adding 23.25 million square feet of retail space between 2023 and 2025. This expansion is driving demand for aesthetic and durable protective flooring solutions that can withstand high foot traffic while maintaining visual appeal.
Technological advancements in flooring solutions are revolutionizing the industry, with manufacturers focusing on developing products with enhanced performance characteristics. The integration of smart technologies and innovative materials is enabling the creation of flooring systems that offer improved durability, chemical resistance, and maintenance efficiency. This evolution is particularly evident in the industrial sector, where the floor area is projected to expand by 149 million square feet from 2023 to 2024, necessitating advanced flooring resins solutions that can meet increasingly complex industrial requirements while adhering to stringent safety and environmental standards.
Global Epoxy Flooring Resins Market Trends
Asia-Pacific's surge in large-scale office building projects is set to elevate the global floor area dedicated to commercial construction
- In 2022, the global new floor area for commercial construction witnessed a modest growth of 0.15% from the previous year. Europe stood out with a significant surge of 12.70%, driven by a push for high-energy-efficient office buildings to align with its 2030 carbon emission targets. As employees returned to offices, European companies, resuming lease decisions, spurred the construction of 4.5 million square feet of new office space in 2022. This momentum is poised to persist in 2023, with a projected global growth rate of 4.26%.
- The COVID-19 pandemic caused labor and material shortages, leading to cancellations and delays in commercial construction projects. However, as lockdowns eased and construction activities resumed, the global new floor area for commercial construction surged by 11.11% in 2021, with Asia-Pacific taking the lead with a growth rate of 20.98%.
- Looking ahead, the global new floor area for commercial construction is set to achieve a CAGR of 4.56%. Asia-Pacific is anticipated to outpace other regions, with a projected CAGR of 5.16%. This growth is fueled by a flurry of commercial construction projects in China, India, South Korea, and Japan. Notably, major Chinese cities like Beijing, Shanghai, Hong Kong, and Taipei are gearing up for an uptick in Grade A office space construction. Additionally, India is set to witness the opening of approximately 60 shopping malls, spanning 23.25 million square feet, in its top seven cities between 2023 and 2025. Collectively, these endeavors across Asia-Pacific are expected to add a staggering 1.56 billion square feet to the new floor area for commercial construction by 2030, compared to 2022.
South America's estimated fastest growth in residential constructions due to increasing government investments in schemes for affordable housing to boost the global residential sector
- In 2022, the global new floor area for residential construction declined by around 289 million square feet compared to 2021. This can be attributed to the housing crisis generated due to the shortage of land, labor, and unsustainably high construction materials prices. This crisis severely impacted Asia-Pacific, where the new floor area declined 5.39% in 2022 compared to 2021. However, a more positive outlook is expected in 2023 as the global new floor area is predicted to grow by 3.31% compared to 2022, owing to government investments that can finance the construction of new affordable homes capable of accommodating 3 billion people by 2030.
- The COVID-19 pandemic caused an economic slowdown, due to which many residential construction projects got canceled or delayed, and the global new floor area declined by 4.79% in 2020 compared to 2019. As the restrictions were lifted in 2021 and pent-up demand for housing projects was released, new floor area grew 11.22% compared to 2020, with Europe having the highest growth of 18.28%, followed by South America, which rose 17.36% in 2021 compared to 2020.
- The global new floor area for residential construction is expected to register a CAGR of 3.81% during the forecast period, with South America predicted to develop at the fastest CAGR of 4.05%. Schemes and initiatives like the Minha Casa Minha Vida in Brazil announced in 2023 with a few regulatory changes, for which the government plans an investment of USD 1.98 billion to provide affordable housing units for low-income families, and the FOGAES in Chile also publicized in 2023, with an initial investment of USD 50 million, are aimed at providing mortgage loans to families for affordable housing and will encourage the construction of new residential units.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Surging energy investments in Asia-Pacific are set to bolster the global expansion of industrial construction
- Projections indicate that the growing number of private-public partnerships in infrastructure construction across Asia-Pacific will contribute to a notable surge in global infrastructure spending
Segment Analysis: End Use Sector
Industrial and Institutional Segment in Epoxy Flooring Resins Market
The Industrial and Institutional segment continues to dominate the global epoxy flooring resins market, commanding approximately 92% of the market share in 2024. This substantial market presence is primarily driven by the segment's extensive application across chemical, pharmaceutical, and food industries, where epoxy resin is valued for its high resistance to oil, water, and lubricants. The segment's dominance is further reinforced by significant investments in industrial construction and warehousing spaces worldwide. For instance, the United States is witnessing a surge in construction spending on new industrial buildings, while India's warehousing space is projected to expand to around 500 million sq. ft by 2030. The industrial and institutional new floor area is expected to reach 2.02 billion square feet by 2030 in the United States alone, highlighting the robust demand for industrial epoxy flooring solutions in this sector.
Commercial Segment in Epoxy Flooring Resins Market
The Commercial segment is emerging as the fastest-growing sector in the epoxy flooring resins market, with a projected growth rate of approximately 7% during 2024-2029. This accelerated growth is primarily attributed to the increasing demand for durable protective flooring solutions in shopping malls, multi-story warehouses, and various commercial spaces globally. The segment's expansion is particularly notable in Asia-Pacific, where major cities are witnessing substantial development in Grade A office spaces. For instance, India's Grade A office market in the top seven cities is anticipated to expand to approximately 1 billion sq. ft by 2026, further scaling up to 1.2 billion sq. ft by 2030. Additionally, the surge in retail infrastructure development, with India expecting approximately 60 shopping malls spanning 23.25 million square feet in its top seven cities between 2023 and 2025, is driving the demand for epoxy floor coating in the commercial sector.
Remaining Segments in End Use Sector
The Infrastructure and Residential segments, while smaller in market share, play significant roles in the epoxy flooring resins market. The Infrastructure segment is driven by increasing investments in transportation facilities, airports, and public spaces, where polymer flooring resins are valued for their durability and safety features. The Residential segment, though representing a smaller portion of the market, is witnessing growing adoption in premium housing projects and renovation activities, particularly in regions with rising disposable incomes and growing awareness of high-quality flooring solutions. Both segments benefit from ongoing urbanization trends and government initiatives promoting infrastructure development and housing construction across various regions.
Epoxy Flooring Resins Market Geography Segment Analysis
Epoxy Flooring Resins Market in Asia-Pacific
The Asia-Pacific region represents a dominant force in the global epoxy resin market, driven by escalating construction activities across industrial, healthcare, and retail sectors. Countries like China, India, Japan, South Korea, and Indonesia are witnessing substantial growth in manufacturing facilities and commercial spaces. The region's development is further supported by government initiatives promoting infrastructure development and industrial expansion. Major cities across the region are experiencing significant commercial construction activities, particularly in office spaces and shopping malls, while industrial sectors continue to attract foreign investments for new manufacturing facilities.
Epoxy Flooring Resins Market in China
China maintains its position as the powerhouse of the Asia-Pacific epoxy resin industry, commanding approximately 70% of the regional market share in 2024. The country's dominance is reinforced by its robust industrial and commercial construction sectors, particularly in major cities like Beijing, Shanghai, Hong Kong, and Taipei. The nation's focus on developing technologically advanced manufacturing facilities and leveraging artificial intelligence has attracted significant foreign investments. China's construction sector demonstrates particular strength in Grade A office space development, while its industrial sector continues to expand with new manufacturing units and warehousing facilities.
Epoxy Flooring Resins Market in Indonesia
Indonesia emerges as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of approximately 7% from 2024 to 2029. The country's remarkable growth trajectory is supported by ambitious construction projects, including the development of its new capital city on Borneo Island. The Indonesian market is witnessing substantial expansion across residential, commercial, and industrial sectors, with particular emphasis on manufacturing facilities and infrastructure development. The government's commitment to affordable housing initiatives and industrial development has created a strong foundation for sustained growth in the epoxy coating market.
Epoxy Flooring Resins Market in Europe
Europe maintains a significant presence in the global epoxy resin market, with a strong focus on sustainable construction practices and energy-efficient building solutions. The region's market is characterized by robust demand from both commercial and industrial sectors, particularly in countries like Germany, France, Italy, and the United Kingdom. The European market benefits from stringent quality standards and environmental regulations, driving the adoption of high-performance epoxy coating solutions. The region's construction sector is experiencing significant transformation, with increased emphasis on renovation and modernization projects.
Epoxy Flooring Resins Market in Germany
Germany stands as the largest market for flooring resins in Europe, holding approximately 17% of the regional market share in 2024. The country's market leadership is driven by substantial investments in industrial construction, particularly in the semiconductor manufacturing sector. Germany's construction sector benefits from robust demand across commercial, industrial, and infrastructure segments, with significant projects in development across major cities. The nation's focus on technological advancement and industrial modernization continues to drive demand for high-quality epoxy resin solutions.
Epoxy Flooring Resins Market in Italy
Italy emerges as the fastest-growing market in Europe, with a projected growth rate of approximately 5% from 2024 to 2029. The country's growth is primarily driven by increasing investments in commercial and industrial construction sectors, particularly in renewable energy projects. Italy's market expansion is supported by various infrastructure development initiatives and the modernization of industrial facilities. The country's construction sector is witnessing significant activity in commercial spaces and industrial facilities, creating sustained demand for epoxy resin solutions.
Epoxy Flooring Resins Market in Middle East and Africa
The Middle East and Africa region demonstrates significant potential in the epoxy flooring resins market, driven by extensive infrastructure development and construction activities. The region's growth is supported by government initiatives and investments in various sectors, including commercial, industrial, and healthcare facilities. Countries across the region are witnessing substantial development in manufacturing facilities and commercial spaces, creating robust demand for epoxy resin solutions.
Epoxy Flooring Resins Market in Saudi Arabia
Saudi Arabia maintains its position as the largest market for epoxy flooring resins in the Middle East and Africa region. The country's market leadership is driven by substantial investments in healthcare infrastructure and industrial development projects. Saudi Arabia's construction sector is experiencing significant growth across commercial, industrial, and institutional segments, supported by various government initiatives and economic diversification efforts.
Epoxy Flooring Resins Market in UAE
The United Arab Emirates emerges as the fastest-growing market in the Middle East and Africa region. The country's growth is primarily driven by increasing investments in infrastructure projects and commercial construction activities. The UAE's healthcare sector expansion and industrial development initiatives are creating substantial opportunities for epoxy coating applications. The nation's focus on developing advanced facilities and commercial spaces continues to drive market growth.
Epoxy Flooring Resins Market in North America
North America represents a mature market for epoxy resin flooring, characterized by strong demand from industrial, commercial, and institutional sectors. The region's market is driven by continuous investments in manufacturing facilities, warehouses, and commercial spaces. The United States emerges as both the largest and fastest-growing market in the region, supported by substantial investments in industrial construction and infrastructure development. Canada and Mexico also contribute significantly to the regional market, with increasing adoption of epoxy resin solutions across various end-use sectors. The region's focus on technological advancement and sustainable construction practices continues to shape market dynamics.
Epoxy Flooring Resins Market in South America
The South American epoxy resin market demonstrates steady growth potential, driven by increasing investments in industrial and commercial construction sectors. The region's market development is supported by government initiatives promoting infrastructure development and industrial expansion. Brazil emerges as both the largest and fastest-growing market in the region, supported by significant investments in manufacturing facilities and commercial spaces. Argentina also contributes to the regional market growth through various construction and infrastructure development projects. The region's focus on economic development and industrial modernization continues to create opportunities for epoxy resin applications.
Epoxy Flooring Resins Industry Overview
Top Companies in Epoxy Flooring Resins Market
The global epoxy flooring resins market is characterized by intense competition and continuous innovation among key players like Sika AG, The Sherwin-Williams Company, RPM International, PPG Industries, and Henkel AG & Co. KGaA. Companies are focusing on developing eco-friendly and sustainable flooring solutions while expanding their manufacturing capabilities through new plant establishments and acquisitions. Product development efforts are centered around creating resins with enhanced durability, chemical resistance, and aesthetic appeal. Market leaders are strengthening their positions through strategic acquisitions of regional players and technology companies, while also investing in research and development facilities to drive innovation. Geographic expansion, particularly in emerging markets, remains a key strategy as companies seek to capitalize on growing construction activities in these regions. Additionally, manufacturers are emphasizing the development of specialized solutions for different end-use sectors, including industrial, commercial, and infrastructure applications.
Fragmented Market with Strong Regional Players
The epoxy resin market exhibits a fragmented structure with a mix of global conglomerates and regional specialists competing across different geographical markets. Global players leverage their extensive distribution networks, broad product portfolios, and strong research capabilities to maintain their market positions. Regional players, particularly in Asia-Pacific and Europe, maintain significant market shares in their respective territories through local manufacturing facilities and strong customer relationships. The market is characterized by ongoing consolidation activities as larger companies seek to acquire regional players to expand their geographic presence and technical capabilities.
The competitive landscape is further shaped by vertical integration strategies, with many leading players maintaining control over raw material supply chains to ensure consistent quality and cost management. Companies are increasingly focusing on developing direct relationships with end-users and strengthening their distribution networks to improve market penetration. The presence of numerous small and medium-sized players, particularly in emerging markets, adds to the competitive intensity while also creating opportunities for strategic acquisitions by larger companies looking to expand their market presence.
Innovation and Sustainability Drive Future Success
Success in the epoxy resin industry increasingly depends on companies' ability to develop innovative, sustainable products while maintaining cost competitiveness. Market leaders are investing in next-generation technologies to create products with improved performance characteristics and reduced environmental impact. Building strong relationships with key end-users, particularly in the industrial and commercial sectors, has become crucial for maintaining market share. Companies are also focusing on developing comprehensive service offerings, including technical support and installation services, to differentiate themselves in an increasingly competitive market.
For new entrants and smaller players, success lies in identifying and serving niche market segments with specialized products and applications. Developing expertise in specific end-use applications, such as healthcare or food processing facilities, provides opportunities for market penetration. Regulatory compliance, particularly regarding environmental and safety standards, is becoming increasingly important for maintaining market position. Companies must also focus on building efficient supply chains and distribution networks to compete effectively with established players. The ability to adapt to changing market demands and maintain pricing flexibility while ensuring product quality will be crucial for long-term success in this evolving market.
Epoxy Flooring Resins Market Leaders
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Henkel AG & Co. KGaA
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PPG Industries, Inc.
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RPM International Inc.
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Sika AG
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The Sherwin-Williams Company
- *Disclaimer: Major Players sorted in no particular order
Epoxy Flooring Resins Market News
- May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.
- March 2022: Akzo Nobel expanded its research and development capabilities by commissioning a new R&D facility worth USD 11 million in Slough, England.
- March 2022: Nippon Paint Malaysia acquired 100% of CMI Construction Material Industry Sdn Bhd to expand its total coating and construction solutions business which includes flooring resins, all over Malaysia.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.
List of Tables & Figures
- Figure 1:
- FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 2:
- FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 3:
- SPENDING ON INFRASTRUCTURE PROJECTS, USD, GLOBAL, 2018 - 2030
- Figure 4:
- FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
- Figure 5:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 6:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 7:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 8:
- VALUE OF EPOXY FLOORING RESINS CONSUMED IN COMMERCIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 9:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN COMMERCIAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 10:
- VALUE OF EPOXY FLOORING RESINS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 11:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 12:
- VALUE OF EPOXY FLOORING RESINS CONSUMED IN INFRASTRUCTURE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 13:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN INFRASTRUCTURE SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 14:
- VALUE OF EPOXY FLOORING RESINS CONSUMED IN RESIDENTIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 15:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN RESIDENTIAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
- Figure 16:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY REGION, USD, GLOBAL, 2018 - 2030
- Figure 17:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY REGION, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 18:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 19:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2023 VS 2030
- Figure 20:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, AUSTRALIA, 2018 - 2030
- Figure 21:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, AUSTRALIA, 2023 VS 2030
- Figure 22:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, CHINA, 2018 - 2030
- Figure 23:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, CHINA, 2023 VS 2030
- Figure 24:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, INDIA, 2018 - 2030
- Figure 25:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, INDIA, 2023 VS 2030
- Figure 26:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, INDONESIA, 2018 - 2030
- Figure 27:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, INDONESIA, 2023 VS 2030
- Figure 28:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, JAPAN, 2018 - 2030
- Figure 29:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, JAPAN, 2023 VS 2030
- Figure 30:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, MALAYSIA, 2018 - 2030
- Figure 31:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, MALAYSIA, 2023 VS 2030
- Figure 32:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, SOUTH KOREA, 2018 - 2030
- Figure 33:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, SOUTH KOREA, 2023 VS 2030
- Figure 34:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
- Figure 35:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
- Figure 36:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
- Figure 37:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
- Figure 38:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 39:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 40:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, EUROPE, 2018 - 2030
- Figure 41:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, EUROPE, 2018 VS 2023 VS 2030
- Figure 42:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, FRANCE, 2018 - 2030
- Figure 43:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, FRANCE, 2023 VS 2030
- Figure 44:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, GERMANY, 2018 - 2030
- Figure 45:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, GERMANY, 2023 VS 2030
- Figure 46:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, ITALY, 2018 - 2030
- Figure 47:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, ITALY, 2023 VS 2030
- Figure 48:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, RUSSIA, 2018 - 2030
- Figure 49:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, RUSSIA, 2023 VS 2030
- Figure 50:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, SPAIN, 2018 - 2030
- Figure 51:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, SPAIN, 2023 VS 2030
- Figure 52:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, UNITED KINGDOM, 2018 - 2030
- Figure 53:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED KINGDOM, 2023 VS 2030
- Figure 54:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF EUROPE, 2018 - 2030
- Figure 55:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF EUROPE, 2023 VS 2030
- Figure 56:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 57:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, MIDDLE EAST AND AFRICA, 2018 VS 2023 VS 2030
- Figure 58:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, SAUDI ARABIA, 2018 - 2030
- Figure 59:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, SAUDI ARABIA, 2023 VS 2030
- Figure 60:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 61:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 62:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 63:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 64:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 65:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 66:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, CANADA, 2018 - 2030
- Figure 67:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
- Figure 68:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, MEXICO, 2018 - 2030
- Figure 69:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
- Figure 70:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, UNITED STATES, 2018 - 2030
- Figure 71:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
- Figure 72:
- VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
- Figure 73:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 74:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, ARGENTINA, 2018 - 2030
- Figure 75:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
- Figure 76:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, BRAZIL, 2018 - 2030
- Figure 77:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
- Figure 78:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 79:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 80:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2020 - 2023
- Figure 81:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
- Figure 82:
- REVENUE SHARE OF EPOXY FLOORING RESINS BY MAJOR PLAYERS, %, GLOBAL, 2022
Epoxy Flooring Resins Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.| End Use Sector | Commercial | |||
| Industrial and Institutional | ||||
| Infrastructure | ||||
| Residential | ||||
| Region | Asia-Pacific | By Country | Australia | |
| China | ||||
| India | ||||
| Indonesia | ||||
| Japan | ||||
| Malaysia | ||||
| South Korea | ||||
| Thailand | ||||
| Vietnam | ||||
| Rest of Asia-Pacific | ||||
| Europe | By Country | France | ||
| Germany | ||||
| Italy | ||||
| Russia | ||||
| Spain | ||||
| United Kingdom | ||||
| Rest of Europe | ||||
| Middle East and Africa | By Country | Saudi Arabia | ||
| United Arab Emirates | ||||
| Rest of Middle East and Africa | ||||
| North America | By Country | Canada | ||
| Mexico | ||||
| United States | ||||
| South America | By Country | Argentina | ||
| Brazil | ||||
| Rest of South America | ||||
| Commercial |
| Industrial and Institutional |
| Infrastructure |
| Residential |
| Asia-Pacific | By Country | Australia |
| China | ||
| India | ||
| Indonesia | ||
| Japan | ||
| Malaysia | ||
| South Korea | ||
| Thailand | ||
| Vietnam | ||
| Rest of Asia-Pacific | ||
| Europe | By Country | France |
| Germany | ||
| Italy | ||
| Russia | ||
| Spain | ||
| United Kingdom | ||
| Rest of Europe | ||
| Middle East and Africa | By Country | Saudi Arabia |
| United Arab Emirates | ||
| Rest of Middle East and Africa | ||
| North America | By Country | Canada |
| Mexico | ||
| United States | ||
| South America | By Country | Argentina |
| Brazil | ||
| Rest of South America |
Market Definition
- END-USE SECTOR - Epoxy flooring resins consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
- PRODUCT/APPLICATION - Under the scope of the study, the consumption of epoxy-based flooring resin products for the lobby, factory, store, garage, and hallways among others are considered.
| Keyword | Definition |
|---|---|
| Accelerator | Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Adhesives | Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc. |
| Air Entraining Admixture | Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete. |
| Alkyd | Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride. |
| Anchors and Grouts | Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc. |
| Cementitious Fixing | Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors. |
| Commercial Construction | Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc. |
| Concrete Admixtures | Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties. |
| Concrete Protective Coatings | To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings. |
| Curing Compounds | Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability. |
| Epoxy | Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc. |
| Fiber Wrapping Systems | Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets. |
| Flooring Resins | Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic. |
| High-Range Water Reducer (Super Plasticizer) | High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete. |
| Hot Melt Adhesives | Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes. |
| Industrial and Institutional Construction | Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc. |
| Infrastructure Construction | Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc. |
| Injection Grouting | The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration. |
| Liquid-Applied Waterproofing Membranes | Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete. |
| Micro-concrete Mortars | Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc. |
| Modified Mortars | Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption. |
| Mold Release Agents | Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others. |
| Polyaspartic | Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments. |
| Polyurethane | Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc. |
| Reactive Adhesives | A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive. |
| Rebar Protectors | In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction. |
| Repair and Rehabilitation Chemicals | Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures. |
| Residential Construction | Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes. |
| Resin Fixing | The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing. |
| Retarder | Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time. |
| Sealants | A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action. |
| Sheet Waterproofing Membranes | Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress. |
| Shrinkage Reducing Admixture | Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation. |
| Silicone | Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc. |
| Solvent-borne Adhesives | Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers. |
| Surface Treatment Chemicals | Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others. |
| Viscosity Modifier | Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement. |
| Water Reducer | Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others. |
| Water-borne Adhesives | Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent. |
| Waterproofing Chemicals | Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement. |
| Waterproofing Membranes | Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
