Flooring Resins Market Size
Market Overview
| Study Period | 2017 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 10.48 Billion |
| Market Size (2030) | USD 13.57 Billion |
| Growth Rate (2025 - 2030) | 5.31% 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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Flooring Resins Market Analysis
The Flooring Resins Market size is estimated at USD 10.48 billion in 2025, and is expected to reach USD 13.57 billion by 2030, at a CAGR of 5.31% during the forecast period (2025-2030).
The flooring resins industry is experiencing significant transformation driven by rapid urbanization and infrastructure development worldwide. The construction sector's robust growth is evidenced by the projected global infrastructure spending reaching USD 3.15 trillion by 2030, creating substantial opportunities for flooring resin applications. This surge in construction activity is particularly notable in the commercial and industrial sectors, where durability and performance requirements are driving innovation in resinous flooring technologies. The integration of sustainable building practices and green certification requirements is pushing manufacturers to develop eco-friendly flooring solutions with reduced volatile organic compound (VOC) emissions.
Technological advancements in flooring resin formulations are revolutionizing the industry landscape. Manufacturers are increasingly focusing on developing high-performance products that offer enhanced durability, chemical resistance, and aesthetic appeal. The commercial construction sector is witnessing a remarkable expansion, with global commercial floor area projected to increase by 2.50 billion square feet by 2030. This growth is driving demand for specialized flooring solutions that can withstand heavy foot traffic while maintaining aesthetic appeal. Innovation in self-leveling compounds and rapid-curing technologies is enabling faster installation and reduced downtime.
The industrial sector is undergoing substantial modernization, with a projected addition of 2.01 billion square feet of industrial floor area globally by 2030 compared to 2023. This expansion is driving demand for specialized industrial floor coating solutions that can withstand heavy machinery, chemical exposure, and constant traffic. The trend toward automated manufacturing facilities and smart warehouses is creating new requirements for anti-static and highly durable flooring systems. Manufacturers are responding with advanced formulations that incorporate nanotechnology and smart materials to enhance performance characteristics.
Infrastructure development is emerging as a crucial growth driver, with Asia-Pacific alone requiring over USD 22.6 trillion in infrastructure investments by 2030. This massive investment is creating unprecedented demand for high-performance floor coating materials in transportation hubs, healthcare facilities, and educational institutions. The industry is witnessing a shift toward integrated flooring systems that combine multiple functionalities, including thermal insulation, acoustic dampening, and antimicrobial properties. Sustainability considerations are becoming increasingly important, with a growing emphasis on recyclable materials and reduced environmental impact throughout the product lifecycle.
Global 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 Flooring Resins Market
The industrial and institutional sector maintains its dominant position in the global flooring resins market, commanding approximately 88% market share in 2024. This substantial market presence is primarily driven by the sector's extensive use of flooring resins across manufacturing facilities, healthcare institutions, and educational establishments. The segment's prominence is reinforced by the increasing demand for durable, chemical-resistant resinous flooring solutions in industrial applications, particularly in food processing, pharmaceutical manufacturing, and chemical industries. The sector's growth is further supported by stringent regulatory requirements for maintaining hygienic and safe floor conditions in institutional settings. Additionally, the rising adoption of advanced polymeric flooring solutions in warehouses, logistics centers, and manufacturing units, coupled with the increasing focus on workplace safety and maintenance requirements, continues to drive the segment's market leadership.
Commercial Segment in Flooring Resins Market
The commercial sector emerges as the fastest-growing segment in the flooring resins market, projected to expand at approximately 7% CAGR from 2024 to 2029. This remarkable growth trajectory is primarily fueled by the increasing construction of shopping malls, office spaces, and retail establishments across developing nations. The segment's expansion is particularly notable in major cities where Grade A office space construction is witnessing significant upticks. The surge in demand is further amplified by the growing preference for aesthetically pleasing yet durable flooring solutions in commercial spaces. The sector's growth is also driven by the rising adoption of sustainable and eco-friendly flooring materials, alongside the increasing renovation and modernization of existing commercial buildings to meet contemporary standards and energy efficiency requirements.
Remaining Segments in End Use Sector
The infrastructure and residential segments complete the flooring resins market landscape, each contributing uniquely to the market dynamics. The infrastructure segment plays a crucial role in applications such as transportation hubs, public facilities, and urban development projects, where durability and safety are paramount considerations. Meanwhile, the residential segment continues to evolve with changing consumer preferences, particularly in high-end residential projects and multi-family housing developments. Both segments benefit from ongoing urbanization trends and increasing investments in construction activities across developed and developing regions. The growing emphasis on sustainable building practices and the rising demand for premium flooring solutions in both segments continue to shape market developments.
Segment Analysis: Sub Product
Epoxy Segment in Flooring Resins Market
The epoxy flooring resin segment maintains its dominant position in the global flooring resins market, commanding approximately 52% market share in 2024. This substantial market presence is attributed to epoxy flooring resin's versatility and extensive application across various industries. The segment's strength lies in its ability to provide sleek, hygienic, and resilient finishes, making it particularly valuable in commercial and industrial settings. Epoxy flooring's popularity is further enhanced by its ability to be applied on multiple substrates including concrete, wood, VCT, and tile. The industrial and institutional sector represents the largest consumer base for epoxy flooring, with demand reaching around USD 4.29 billion, driven by its widespread use in warehouses, food processing facilities, electronics manufacturing, pharmaceutical plants, distilleries, and dairy installations. The segment's success is also bolstered by epoxy's superior properties including high durability, resistance to chemicals, and ability to withstand extreme temperatures and heavy traffic.
Acrylic Segment in Flooring Resins Market
The acrylic segment emerges as the fastest-growing category in the flooring resins market, projected to expand at approximately 7% CAGR from 2024 to 2029. This remarkable growth trajectory is driven by acrylic flooring's exceptional resistance to oil, water, and other substances, making it increasingly popular in industries such as food, beverage, packaging, and pharmaceuticals. The segment's expansion is further supported by its easy maintenance characteristics, hygienic properties, and particular resilience in outdoor settings, including sports arenas. Acrylic flooring's rising adoption is also attributed to its environmental friendliness, cost-effectiveness, and ease of application. The segment's growth is particularly pronounced in the commercial sector, where its longevity under intensive usage, especially in open sports areas, distinguishes it from other resin-based flooring options. The increasing focus on sustainable construction practices and the growing demand for eco-friendly flooring solutions continue to drive the segment's rapid expansion.
Remaining Segments in Flooring Resins Market
The flooring resins market encompasses several other significant segments including polyurethane, polyaspartic, and various other resin types. Polyurethane flooring stands out as the second-largest segment, valued for its flexibility, exceptional durability, and resistance to chemicals and temperature fluctuations. The polyaspartic segment, though smaller, has carved out a niche in industrial, commercial, and garage settings due to its resilience to high temperatures and UV light, along with its rapid concrete strengthening capabilities. Other resin types, including vinyl ester and polyurea, contribute to the market's diversity by offering specialized solutions for specific applications, particularly in chemical processing and wastewater treatment sectors where resistance to various solvents and chemicals is crucial. Each of these segments plays a vital role in meeting diverse industry requirements and contributing to the overall market dynamics.
Flooring Resins Market Geography Segment Analysis
Flooring Resins Market in Asia-Pacific
The Asia-Pacific region dominates the global flooring resins market, driven by robust construction activities across commercial, industrial, and residential sectors. Countries like China, India, Japan, and South Korea are witnessing increased demand due to rapid urbanization and industrialization. The region's growth is further supported by government initiatives for infrastructure development, particularly in emerging economies. Rising investments in renewable energy projects, manufacturing facilities, and commercial spaces are creating substantial opportunities for resin floor systems applications across the region.
Flooring Resins Market in China
China leads the Asia-Pacific flooring resins market, commanding approximately 27% market share in 2024. The country's dominance is attributed to its extensive building and infrastructure stock, coupled with ongoing urban development initiatives. Cities like Beijing, Shanghai, Hong Kong, and Taipei are witnessing significant expansion in Grade A office spaces. The industrial and institutional sector remains the primary consumer of flooring resins, supported by the government's trillion-dollar commitment to infrastructure mega-projects. The construction of new manufacturing facilities and warehouses, particularly in response to the e-commerce boom, continues to drive demand for various epoxy flooring resin solutions.
Flooring Resins Market in India
India emerges as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of approximately 8% during 2024-2029. The country's flooring resins market is experiencing rapid expansion driven by ambitious infrastructure initiatives, including the Smart City Project and the Gati Shakti Master Plan. The construction of 11 industrial corridors, redevelopment of 600 railway stations, and expansion of railway lines are creating substantial demand for industrial floor coating solutions. Additionally, the commercial sector is witnessing significant growth with approximately 60 shopping malls, offering 23.25 million sq. ft. of retail space, planned across India's top seven cities, further driving the demand for flooring resin solutions.
Flooring Resins Market in Europe
Europe represents a significant market for flooring resins, characterized by stringent quality standards and an increasing focus on sustainable construction practices. The region's market is driven by renovation activities and energy-efficient building initiatives aimed at reducing greenhouse gas emissions. Countries like Germany, France, and the United Kingdom are leading the adoption of advanced flooring resin technologies, particularly in industrial and commercial applications. The region's emphasis on green building practices and infrastructure modernization continues to shape market dynamics.
Flooring Resins Market in Germany
Germany maintains its position as the largest flooring resins market in Europe, holding approximately 17% of the regional market share in 2024. The country's dominance is underpinned by its robust industrial sector, particularly in chemical manufacturing and automotive industries. The industrial and institutional segment represents the largest end-user sector, driven by stringent quality requirements and continuous facility modernization. The country's commitment to sustainable construction practices and energy-efficient building solutions further supports the demand for advanced epoxy flooring resin systems.
Flooring Resins Market in Italy
Italy stands out as the fastest-growing market in Europe, with an expected growth rate of approximately 5% during 2024-2029. The country's market growth is primarily driven by increasing building retrofitting and repairs, spurred by new energy efficiency directives from the European Union. The commercial sector is witnessing particularly strong growth, supported by renovation projects and new construction activities. The country's focus on sustainable building practices and the growing demand for decorative flooring solutions in commercial spaces are creating new opportunities for flooring resins applications.
Flooring Resins Market in Middle East and Africa
The Middle East and Africa region presents a dynamic market for flooring resins, characterized by large-scale infrastructure developments and commercial construction projects. The region's growth is driven by government investments in construction activities, particularly in the Gulf Cooperation Council (GCC) countries. The market is witnessing increased demand across various sectors, including commercial spaces, industrial facilities, and infrastructure projects.
Flooring Resins Market in Saudi Arabia
Saudi Arabia leads the Middle East and Africa flooring resins market, driven by its Vision 2030 initiative aimed at diversifying the economy away from oil dependency. The country's dominance is supported by significant investments in chemical product manufacturing and industrial development. The construction of new residential properties and industrial facilities, coupled with the increasing number of migrants, continues to drive demand for flooring resin solutions across various applications.
Flooring Resins Market in United Arab Emirates
The United Arab Emirates emerges as the fastest-growing market in the Middle East and Africa region, driven by substantial investments in infrastructure and commercial construction projects. The country's growth is supported by its strategic focus on developing smart cities and expanding its industrial base. The infrastructure sector, particularly airport infrastructure development and rail projects, is creating significant opportunities for flooring resin applications.
Flooring Resins Market in North America
North America represents a mature market for flooring resins, characterized by advanced manufacturing capabilities and stringent quality standards. The United States dominates the regional market, while Mexico emerges as the fastest-growing country. The region's growth is driven by increasing investments in industrial restoration, commercial construction, and infrastructure development. The market benefits from technological advancements in flooring solutions and growing demand across various end-use sectors, including industrial, commercial, and institutional applications. The push for domestic manufacturing and reduced outsourcing, particularly in the United States, continues to create new opportunities for flooring resin applications.
Flooring Resins Market in South America
The South American flooring resins market is experiencing steady growth, with Brazil emerging as both the largest and fastest-growing market in the region. The market is characterized by increasing investments in industrial development and infrastructure projects. Countries in the region are focusing on developing and rehabilitating their infrastructure systems to attract greater volumes of foreign investment and promote economic growth. The commercial and industrial sectors are witnessing significant growth, driven by renovation activities and new construction projects. The market is also benefiting from government initiatives aimed at improving construction standards and promoting sustainable building practices.
Flooring Resins Industry Overview
Top Companies in Flooring Resins Market
The flooring resins market features several prominent global manufacturers who are actively pursuing growth through various strategic initiatives. Companies are increasingly focusing on developing innovative products with enhanced durability, chemical resistance, and environmental sustainability features to differentiate their offerings. Operational agility is being achieved through the optimization of manufacturing facilities and supply chain networks, with many players expanding their production capacities in key growth regions. Strategic moves in the industry are predominantly centered around acquisitions to enhance product portfolios and geographic presence, while partnerships with local distributors and contractors help strengthen market penetration. Companies are also investing significantly in research and development to develop advanced formulations that meet evolving customer requirements and regulatory standards.
Fragmented Market with Strong Regional Players
The global flooring resins market exhibits a fragmented structure with a mix of multinational corporations and regional specialists competing across different geographic segments. The top five companies collectively hold less than one-third of the market share, indicating significant opportunities for both established players and new entrants. Large chemical conglomerates leverage their extensive distribution networks and diverse product portfolios to maintain their market positions, while specialized manufacturers focus on niche applications and specific geographic regions to build their presence.
Merger and acquisition activities in the sector are primarily driven by the desire to expand geographic footprint and enhance technological capabilities. Companies are particularly interested in acquiring businesses that bring complementary technologies or strong regional presence, especially in high-growth markets like Asia-Pacific. The industry also witnesses strategic partnerships between manufacturers and distributors to strengthen market reach and improve customer service capabilities, while some players are pursuing vertical integration to better control their supply chains and enhance operational efficiency.
Innovation and Sustainability Drive Future Success
Success in the industrial floor coating market increasingly depends on companies' ability to develop sustainable products while maintaining performance characteristics. Incumbent players are focusing on expanding their eco-friendly product portfolios, investing in advanced manufacturing technologies, and strengthening their distribution networks to maintain their market positions. Companies are also emphasizing the development of application-specific solutions and providing comprehensive technical support to create stronger relationships with end-users and differentiate themselves from competitors.
For contenders looking to gain market share, focusing on underserved geographic regions and specialized applications presents significant opportunities. Building strong relationships with contractors and specifiers, offering innovative solutions for specific industry challenges, and maintaining competitive pricing strategies are crucial for success. The increasing focus on environmental regulations and sustainability requirements creates opportunities for companies that can develop compliant products while maintaining cost-effectiveness. Additionally, the growing trend toward digitalization in manufacturing and construction sectors necessitates investment in smart technologies and digital solutions to remain competitive in the evolving market landscape. The development of resin floor systems that address these needs is becoming increasingly important.
Flooring Resins Market Leaders
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Henkel AG & Co. KGaA
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MBCC Group
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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
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.
- May 2023: The Sherwin-Williams Company introduced SofTop Comfort flooring solutions, an addition to its seamless resinous flooring portfolio that provides comfort, excellent aesthetics, and sustainability.
- April 2023: Flowcrete, a subsidiary of RPM International Inc., announced that it has extended the shelf life of its epoxy flooring resin products, which can now be stored for an extra 12 months from the previously specified dates without compromising their quality or performance.
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 FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 6:
- VALUE OF FLOORING RESINS CONSUMED BY END USE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 7:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 8:
- VALUE OF FLOORING RESINS CONSUMED IN COMMERCIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 9:
- VALUE SHARE OF FLOORING RESINS CONSUMED IN COMMERCIAL SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 10:
- VALUE OF FLOORING RESINS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 11:
- VALUE SHARE OF FLOORING RESINS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 12:
- VALUE OF FLOORING RESINS CONSUMED IN INFRASTRUCTURE SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 13:
- VALUE SHARE OF FLOORING RESINS CONSUMED IN INFRASTRUCTURE SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 14:
- VALUE OF FLOORING RESINS CONSUMED IN RESIDENTIAL SECTOR, USD, GLOBAL, 2018 - 2030
- Figure 15:
- VALUE SHARE OF FLOORING RESINS CONSUMED IN RESIDENTIAL SECTOR, BY SUB PRODUCT, %, GLOBAL, 2023 VS 2030
- Figure 16:
- VALUE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, USD, GLOBAL, 2018 - 2030
- Figure 17:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY SUB PRODUCT, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 18:
- VALUE OF ACRYLIC FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 19:
- VALUE SHARE OF ACRYLIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 20:
- VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 21:
- VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 22:
- VALUE OF POLYASPARTIC FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 23:
- VALUE SHARE OF POLYASPARTIC FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 24:
- VALUE OF POLYURETHANE FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 25:
- VALUE SHARE OF POLYURETHANE FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 26:
- VALUE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
- Figure 27:
- VALUE SHARE OF OTHER RESIN TYPES FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2023 VS 2030
- Figure 28:
- VALUE OF FLOORING RESINS CONSUMED BY REGION, USD, GLOBAL, 2018 - 2030
- Figure 29:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY REGION, %, GLOBAL, 2018 VS 2023 VS 2030
- Figure 30:
- VALUE OF FLOORING RESINS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 31:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2023 VS 2030
- Figure 32:
- VALUE OF FLOORING RESINS CONSUMED, USD, AUSTRALIA, 2018 - 2030
- Figure 33:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, AUSTRALIA, 2023 VS 2030
- Figure 34:
- VALUE OF FLOORING RESINS CONSUMED, USD, CHINA, 2018 - 2030
- Figure 35:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, CHINA, 2023 VS 2030
- Figure 36:
- VALUE OF FLOORING RESINS CONSUMED, USD, INDIA, 2018 - 2030
- Figure 37:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, INDIA, 2023 VS 2030
- Figure 38:
- VALUE OF FLOORING RESINS CONSUMED, USD, INDONESIA, 2018 - 2030
- Figure 39:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, INDONESIA, 2023 VS 2030
- Figure 40:
- VALUE OF FLOORING RESINS CONSUMED, USD, JAPAN, 2018 - 2030
- Figure 41:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, JAPAN, 2023 VS 2030
- Figure 42:
- VALUE OF FLOORING RESINS CONSUMED, USD, MALAYSIA, 2018 - 2030
- Figure 43:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, MALAYSIA, 2023 VS 2030
- Figure 44:
- VALUE OF FLOORING RESINS CONSUMED, USD, SOUTH KOREA, 2018 - 2030
- Figure 45:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, SOUTH KOREA, 2023 VS 2030
- Figure 46:
- VALUE OF FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
- Figure 47:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
- Figure 48:
- VALUE OF FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
- Figure 49:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
- Figure 50:
- VALUE OF FLOORING RESINS CONSUMED, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 51:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 52:
- VALUE OF FLOORING RESINS CONSUMED BY COUNTRY, USD, EUROPE, 2018 - 2030
- Figure 53:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY COUNTRY, %, EUROPE, 2018 VS 2023 VS 2030
- Figure 54:
- VALUE OF FLOORING RESINS CONSUMED, USD, FRANCE, 2018 - 2030
- Figure 55:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, FRANCE, 2023 VS 2030
- Figure 56:
- VALUE OF FLOORING RESINS CONSUMED, USD, GERMANY, 2018 - 2030
- Figure 57:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, GERMANY, 2023 VS 2030
- Figure 58:
- VALUE OF FLOORING RESINS CONSUMED, USD, ITALY, 2018 - 2030
- Figure 59:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, ITALY, 2023 VS 2030
- Figure 60:
- VALUE OF FLOORING RESINS CONSUMED, USD, RUSSIA, 2018 - 2030
- Figure 61:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, RUSSIA, 2023 VS 2030
- Figure 62:
- VALUE OF FLOORING RESINS CONSUMED, USD, SPAIN, 2018 - 2030
- Figure 63:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, SPAIN, 2023 VS 2030
- Figure 64:
- VALUE OF FLOORING RESINS CONSUMED, USD, UNITED KINGDOM, 2018 - 2030
- Figure 65:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED KINGDOM, 2023 VS 2030
- Figure 66:
- VALUE OF FLOORING RESINS CONSUMED, USD, REST OF EUROPE, 2018 - 2030
- Figure 67:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF EUROPE, 2023 VS 2030
- Figure 68:
- VALUE OF FLOORING RESINS CONSUMED BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 69:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY COUNTRY, %, MIDDLE EAST AND AFRICA, 2018 VS 2023 VS 2030
- Figure 70:
- VALUE OF FLOORING RESINS CONSUMED, USD, SAUDI ARABIA, 2018 - 2030
- Figure 71:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, SAUDI ARABIA, 2023 VS 2030
- Figure 72:
- VALUE OF FLOORING RESINS CONSUMED, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 73:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 74:
- VALUE OF FLOORING RESINS CONSUMED, USD, REST OF MIDDLE EAST AND AFRICA, 2018 - 2030
- Figure 75:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 76:
- VALUE OF FLOORING RESINS CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 77:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
- Figure 78:
- VALUE OF FLOORING RESINS CONSUMED, USD, CANADA, 2018 - 2030
- Figure 79:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
- Figure 80:
- VALUE OF FLOORING RESINS CONSUMED, USD, MEXICO, 2018 - 2030
- Figure 81:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
- Figure 82:
- VALUE OF FLOORING RESINS CONSUMED, USD, UNITED STATES, 2018 - 2030
- Figure 83:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
- Figure 84:
- VALUE OF FLOORING RESINS CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
- Figure 85:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
- Figure 86:
- VALUE OF FLOORING RESINS CONSUMED, USD, ARGENTINA, 2018 - 2030
- Figure 87:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
- Figure 88:
- VALUE OF FLOORING RESINS CONSUMED, USD, BRAZIL, 2018 - 2030
- Figure 89:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
- Figure 90:
- VALUE OF FLOORING RESINS CONSUMED, USD, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 91:
- VALUE SHARE OF FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 92:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2020 - 2023
- Figure 93:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
- Figure 94:
- REVENUE SHARE OF ALL FLOORING RESINS BY MAJOR PLAYERS, %, GLOBAL, 2022
Flooring Resins Industry Segmentation
Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Acrylic, Epoxy, Polyaspartic, Polyurethane are covered as segments by Sub Product. 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 | ||||
| Sub Product | Acrylic | |||
| Epoxy | ||||
| Polyaspartic | ||||
| Polyurethane | ||||
| Other Resin Types | ||||
| 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 |
| Acrylic |
| Epoxy |
| Polyaspartic |
| Polyurethane |
| Other Resin Types |
| 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 - 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 flooring resin products based on epoxy, polyaspartic, polyurethane, acrylic, and other resins 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
