The Global Construction Flooring Chemicals Market size is projected to grow at a CAGR of 4.2% from 2021-2028. The growth in the market can be attributed to factors such as increasing demand for vinyl and polyurethane flooring chemical products, growing commercial building construction activities across the globe, and increased use of hybrid materials by residential builders.
Construction flooring chemicals are additives used in the manufacturing of polymeric, plastic, and rubber products. These chemicals provide a number of benefits including protection from chemical attack, corrosion resistance, and heat stability to increase the longevity of construction materials. The features of construction flooring chemicals are that they can improve dimensional stability, thermal conductivity, and decrease water absorption in concrete or stone. The benefits of construction flooring chemicals include: - High durability. Construction flooring chemicals are known to have high durability which means that they can last for months or years without wearing off even with the most demanding of conditions. - Easy installation and maintenance. The ease of installation and maintenance makes construction flooring chemicals extremely usable in almost all kinds of harsh environmental conditions ranging from water, oil, gas leaks, etc., making them perfect for commercial constructions sites as well homes where they need not withstand such rigorous exposures but be easy on upkeep nevertheless.
On the basis of Type, the global construction flooring chemicals market is segmented into Epoxy, Vinyl, Polyurethanes, Polymethyl methacrylate.
Epoxy is a category of polymers that is widely used in the construction industry. They have a high-gloss finish and are resistant to wear, scuffing, corrosion, or oil stains. Epoxy floor paint can be applied directly onto concrete floors or substrates with different levels of thickness without sanding even if there are cracks on it. Epoxy is the most popular flooring chemicals, due to its durability and high resistance against corrosion. Epoxy is available in two types, water-based and solvent-based. Water-based epoxy flooring chemicals are easy to maintain as they do not need any special care or treatment after installation. Epoxy construction flooring chemicals have excellent chemical resistance properties that provide high tolerance against animal fats, greases, oils, etc., which makes them suitable for usage in commercial applications including food courts, laboratories & kitchens.
Vinyl construction flooring chemicals are a type of chemical used in the building and renovation industry. Vinyl is an excellent choice for commercial or residential sectors, as it is easy to clean so does not need regular reapplication. This makes vinyl perfect for high traffic areas such as hotels, restaurants, hospitals, etc where health issues may arise from the contact with traditional epoxy coatings which can be difficult to maintain without frequent recoating.
Vinyl construction flooring chemicals are highly durable, easy to maintain, and offer high performance. They provide a smooth surface that is resistant to scratches, stains, and fading. Vinyl also provides excellent resistance against grease and oil along with mildew growth. It comes in various colors including black, grey, etc., that can be mixed for manufacturing of custom shades or patterns on floors as per the specification of customers.
Polyurethane construction flooring chemicals are a type of building material that is used in residential and commercial sectors. It consists of polymers that provide stain resistance, waterproofing properties to the concrete surfaces which helps protect them from any kind of wear or tear caused due to humidity or temperature changes. The main ingredients that go into making this product are castor oil resin, phenol-formaldehyde resins, high molecular weight urethane oligomers, etc.
Polyurethane construction flooring chemicals are durable and offer greater protection against corrosive elements such as moisture, salts, etc. Polyurethane is a polymer that reacts with air to form an elastic film on the surface of floors. It provides excellent abrasion resistance and cracks bridging capabilities along with thermal insulation properties for sound control applications.
Polymethyl methacrylate construction flooring chemicals are resin-based products used to protect, decorate and transform the surfaces of floors. Polymethyl methacrylate is a kind of construction flooring chemicals. It consists of methyl groups and methacrylic functionalities in its molecular structure which provides the chemical with outstanding properties such as high impact, abrasion resistance, corrosion resistance, sound insulation, etc. This substance also has low flammability property that makes it an excellent choice for various industrial sectors like transportation & storage facilities where safety measures are very important to maintain. These features make polymethyl methacrylate one of the fastest-growing segments in the global construction flooring chemicals market globally.
On the basis of Application, the global construction flooring chemicals market is segmented into Commercial Sectors, Residential Sectors, Others.
Commercial sectors are the applications of construction flooring chemicals which include airports, hotels & resorts, retail stores, food courts, etc. It also includes government buildings and office spaces where safety is a must. So these areas require flooring materials that can be clean easily as well as safe to use by the public at large. Also, it has a long-lasting capacity so that they last longer than other options available in the market currently or before the 2021-2028 period.
Construction Flooring Chemicals are widely used in Residential Sectors to provide a beautiful and shining floor. They give a smooth touchable surface on the floors that are easy to clean after every use. Apart from the residential sector, commercial sectors also prefer construction chemicals for providing a water-resistant coating on their floors. Overall, these coatings help in increasing the value of a property which makes it an essential part of every building's interior design plan.
On the basis of Region, the global construction flooring chemicals market is segmented into North America, Latin America Europe, Asia Pacific, and Middle East & Africa. Geographically North America dominated the global construction flooring chemicals market followed by Latin America due to rising commercial constructions coupled with stringent regulations on chemical emissions in this region which is expected to boost demand for these products over the forecast period. The U.S., Canada, and Mexico are projected to be key revenue pockets of the North American construction flooring chemicals market over the next eight years as well as emerging economies such as Brazil, Chile, and Argentina where extensive growth has been witnessed across industries including residential sectors owing to growing infrastructural activities especially roadways will also act driving factors propelling regional industry development prospects over the estimated time frame (2023-28).
The construction flooring chemical market in Europe is expected to grow at a CAGR of more than 14% over the next five years, mainly driven by increasing demand for new constructions across residential and commercial sectors. The construction flooring chemicals market in the Asia Pacific has been projected to show promising growth prospects. The increasing demand for commercial, residential, and hospitality sectors will result in high demand for these products during the forecast period of 2019-2028.
There are several factors such as the increasing urbanization rate which is leading to a rise in housing projects across developed economies, thus driving demand for construction flooring chemicals globally. For the global construction flooring chemicals market, rising demand for one-stop-shop solutions is driving growth. Additionally, the growing demand for eco-friendly chemicals with high durability is expected to boost the market growth.
Up Market Research published a new report titled “Construction Flooring Chemicals Market research report which is segmented by Types (Epoxy, Vinyl, Polyurethanes, Poly Methyl Methacrylate), By Applications (Commercial Sectors, Residential Sectors, Others), By Players/Companies BASF, SABIC, DowDuPont, Sinopec, ExxonMobil, Ineos, LyondellBasell Industries, Mitsubishi Chemical, LG Chem, AkzoNobel, Mitsui Chemicals, Forbo, Toray Industries, PPG Industries, Tremco, RPM, Stonhard, Huntsman, Borealis”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Construction Flooring Chemicals Market Research Report|
|By Type||Epoxy, Vinyl, Polyurethanes, Poly Methyl Methacrylate|
|By Application||Commercial Sectors, Residential Sectors, Others|
|By Companies||BASF, SABIC, DowDuPont, Sinopec, ExxonMobil, Ineos, LyondellBasell Industries, Mitsubishi Chemical, LG Chem, AkzoNobel, Mitsui Chemicals, Forbo, Toray Industries, PPG Industries, Tremco, RPM, Stonhard, Huntsman, Borealis|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||228|
|Number of Tables & Figures||160|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Epoxy, Vinyl, Polyurethanes, Poly Methyl Methacrylate and By Application Commercial Sectors, Residential Sectors, Others.
Some of the companies that are profiled in this report are:
Construction Flooring Chemicals Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Construction Flooring Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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