
Region:North America
Author(s):Shivani Mehra
Product Code:KROD11449
November 2024
95



The U.S. concrete floor coatings market is characterized by both global and regional players competing with a variety of offerings and innovations. The industry sees prominent competition from companies that cater to specific customer requirements with a focus on technological advancements in product quality and eco-friendliness.
|
Company |
Establishment Year |
Headquarters |
Product Type Specialization |
Market Reach (Domestic/International) |
Environmental Certifications |
R&D Investment Focus |
Strategic Alliances |
Major Market Segment |
Customization Options |
|
The Sherwin-Williams Co |
1866 |
Cleveland, OH |
Epoxy, Polyurethane |
- |
- |
- |
- |
- |
- |
|
BASF SE |
1865 |
Ludwigshafen, DE |
Epoxy, Polyaspartic |
- |
- |
- |
- |
- |
- |
|
PPG Industries, Inc. |
1883 |
Pittsburgh, PA |
Polyurethane, Polyaspartic |
- |
- |
- |
- |
- |
- |
|
TruCrete Surfacing Sys. |
1995 |
San Diego, CA |
Epoxy, Custom Solutions |
- |
- |
- |
- |
- |
- |
|
Vanguard Coatings |
2000 |
Michigan, MI |
Epoxy, Decorative Coatings |
- |
- |
- |
- |
- |
- |
Market Growth Drivers
Market Challenges:
Over the next five years, the U.S. concrete floor coatings market is anticipated to see notable growth, fueled by increased investments in green buildings, advancements in coating technology, and a heightened demand for low-maintenance, durable flooring solutions across industrial, residential, and commercial spaces. This trend aligns with the rising awareness of eco-friendly products and government support for sustainable construction, setting the stage for further expansion in this market.
Market Opportunities:
|
By Product Type |
Epoxy Polyurethanes Polyaspartics Others |
|
By Application |
Residential Commercial Industrial |
|
By End-User Type |
DIY Professional |
|
By Product Finish |
Coated (Epoxy, Polyurethanes Polyaspartics, Others) Polished |
|
By Region |
North-East Midwest West Coast Southern States |
1.1. Definition and Scope
1.2. Market Valuation
1.3. Key Market Developments and Trends
1.4. Market Growth Rate
2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Regional Market Size Analysis
3.1. Growth Drivers
3.1.1. Infrastructure Development
3.1.2. Green Building Demand
3.1.3. High Durability Requirements
3.2. Market Challenges
3.2.1. Raw Material Price Volatility
3.2.2. Supply Chain Constraints
3.3. Opportunities
3.3.1. Emerging DIY Applications
3.3.2. Innovations in Coating Technology
3.4. Trends
3.4.1. Rise in Eco-friendly Products
3.4.2. Growth of Smart Coatings
3.5. Government Regulation
3.5.1. Environmental Compliance Standards
3.5.2. Infrastructure Investment Policies
4.1. By Product Type (In Value %)
4.1.1. Epoxy
4.1.2. Polyurethanes
4.1.3. Polyaspartics
4.1.4. Others
4.2. By Application (In Value %)
4.2.1. Residential
4.2.2. Commercial
4.2.3. Industrial
4.3. By End-User Type (In Value %)
4.3.1. DIY
4.3.2. Professional
4.4. By Product Finish (In Value %)
4.4.1. Coated
4.4.2. Polished
4.5. By Region (In Value %)
4.5.1. North-East
4.5.2. Midwest
4.5.3. West Coast
4.5.4. Southern States
5.1. Major Players
5.1.1. The Sherwin-Williams Company
5.1.2. BASF SE
5.1.3. PPG Industries, Inc.
5.1.4. Sika AG
5.1.5. TruCrete Surfacing Systems
5.1.6. Vanguard Concrete Coating
5.1.7. North American Coating Solution
5.1.8. Tennant Coatings
5.1.9. Jotun
5.1.10. Elite Crete Systems
5.1.11. Covestro Group
5.1.12. RPM International Inc.
5.1.13. Ardex Group
5.1.14. The Garland Company
5.1.15. Behr Paint Company
5.2. Market Share Analysis
5.3. Strategic Initiatives and Collaborations
5.4. R&D Investments and Innovations
6.1. Environmental Regulations
6.2. Compliance with Local Standards
6.3. Government Incentives
7.1. Future Market Size Projections (In USD Billion)
7.2. Key Trends Influencing Future Growth
7.3. Market Opportunities and Risks
8.1. Strategic Insights for Stakeholders
8.2. Market Entry Strategies
8.3. Investment Recommendations
The initial phase involves mapping key stakeholders within the U.S. concrete floor coatings market. This stage is supported by in-depth desk research, drawing data from government databases and proprietary sources to determine the critical factors influencing market dynamics.
This phase involves compiling and analyzing historical data related to the U.S. concrete floor coatings market. It includes a review of market penetration across residential, commercial, and industrial segments, along with an assessment of the demand-supply ratio.
We develop hypotheses based on secondary data and validate these through interviews with industry experts from leading companies. This step yields financial and operational insights that enhance the reliability of the market estimates.
In this phase, data is refined and synthesized to ensure an accurate portrayal of the market trends and segments. Further, direct engagement with industry stakeholders provides a thorough validation of statistics and forecasts, ensuring a robust and precise final report.
The U.S. concrete floor coatings market is valued at approximately USD 325.5 Billion, with major contributions from residential and commercial segments due to increased construction activities.
Challenges include high raw material costs and volatile prices, which impact profitability, along with stringent environmental regulations on VOC emissions affecting product development.
Key players include The Sherwin-Williams Company, BASF SE, PPG Industries, Inc., Sika AG, and TruCrete Surfacing Systems, all of whom hold significant influence due to extensive product portfolios and strong brand presence.
The market is driven by the growing demand for durable flooring solutions in construction projects, environmental awareness promoting low-VOC products, and advances in coating technology offering enhanced durability.
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.