U.S. Concrete Floor Coatings Market Size, Share & Trends Report

U.S. Concrete Floor Coatings Market Size, Share & Trends Analysis Report By Product (Epoxy, Polyurethanes, Polyaspartics), By Application (Residential, Commercial, Industrial), By Division, By End-user, And Segment Forecasts, 2023 - 2030

  • Report ID: GVR-1-68038-554-0
  • Number of Report Pages: 98
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2021
  • Forecast Period: 2023 - 2030 
  • Industry: Bulk Chemicals

Market Segmentation

  • U.S. Concrete Floor Coatings Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
    • Epoxy
    • Polyurea
    • Polyurethanes
    • Polyaspartics
    • Others
  • U.S. Concrete Floor Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
    • Residential
      • Garages
      • Patios
      • Walkways
      • Basements
    • Commercial
      • Restaurants & Breweries
      • Supermarkets and Retail Stores
      • Educational Institutions
      • Other Commercial
    • Industrial
  • U.S. Concrete Floor Coatings End-User Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
    • Do-It-Yourself (DIY)
    • Professional
  • U.S. Concrete Floor Coatings Division Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
    • Northeast
    • Midwest
    • South
    • West
  • U.S. Concrete Floor Product Outlook (Volume, Million Square Feet; Revenue, USD Million; 2018 - 2030)
    • Coated
      • Epoxy
      • Polyurea
      • Polyurethanes
      • Polyaspartics
      • Others
    • Polished
  • U.S. Concrete Floor Application Outlook (Volume, Million Square Feet; Revenue, USD Million; 2018 - 2030)
    • Residential
    • Commercial

U.S. Concrete Floor Coatings Market Dynamics

Driver: Growing construction industry in the U.S.

Concrete floor coatings are utilized to offer resistance to high temperatures in both indoor and outdoor areas while safeguarding floors in commercial and residential buildings against damage caused by regular use. These coatings are also employed to protect the floors of non-building structures in industries such as power, metal, and environmental protection. The construction industry in the United States is predicted to experience an increase in spending due to economic development. The country boasts a low-risk environment, a stable economy, and a strong financial sector, creating numerous investment opportunities in recent years. These opportunities are expected to drive infrastructure spending in the country, consequently positively impacting the demand for concrete floor coatings within the U.S. construction sector. Additionally, the growing demand for residential, commercial, and industrial structures in the United States is anticipated to contribute to the consumption of effective flooring solutions that provide resistance against wear and tear, corrosion, and thermal damage. Consequently, the concrete floor coatings market is projected to witness substantial growth in the country throughout the forecast period.

Driver: Rising demand for green buildings

Green buildings are becoming increasingly popular due to their cost-effective advantages compared to conventional buildings. These structures reduce the overall load on metal structures and promote sustainability. They consume approximately one-third of the energy consumed by conventional buildings and contribute to improved indoor air quality. Additionally, green buildings prioritize the use of materials that have minimal impact on the environment. As a result, the demand for green buildings is expected to rise in the coming years, driven by the promotion and adoption of health and safety policies in the construction sector. Several notable green buildings in the United States have already met the criteria for environmentally responsible construction. These include the Almaden Tower in San Jose, California; the Banner Bank Building in Boise, Idaho; the Daybreak Corporate Center in Utah; the EpiCenter, Artists for Humanity in Boston, Massachusetts; and the Global Ecology Research Center in Stanford, California. These buildings have received a prestigious Leadership in Energy and Environmental Design (LEED) platinum-status rating from the U.S. Green Building Council (USGBC). Apart from the USGBC, several other organizations and associations regulate and oversee the certification and functioning of green buildings. These include the General Services Administration (GSA), the National Association of Home Builders (NAHB), the Environmental Protection Agency's Energy Star program, and The Green Communities initiative. Green buildings prioritize using eco-friendly and lightweight materials to enhance indoor air quality and improve energy and water efficiency. With the increasing availability of VOC-free and environmentally friendly concrete floor coatings, the popularity of green buildings is expected to grow further in the forecast period. This trend will act as a driving force for the overall U.S. concrete floor coatings market.

Restraint: Substitutional threat to other types of flooring

The demand for hardwood, tiles, marble, and other flooring materials is rising, decreasing the popularity of concrete floor coatings. This shift in consumer preferences is expected to drive the demand for renovation activities, resulting in an increased need for wood, tiles, and other flooring materials. These alternatives are gaining traction due to their ease of installation and the fact that they require less skilled labor than concrete floors. Hardwood floors, in particular, are favored by customers who want to install the flooring themselves, as they are durable and easy to lay and fix. With natural wood as the main component, wood floors offer versatility and are resistant to stains, requiring minimal maintenance. On the other hand, tiles can be made of ceramics or stones and are known for their easy installation and wide range of colors and designs. As a result of these trends, there is a growing demand for wood, tile, marble, and other flooring materials, which may hinder the growth of the concrete floor coatings market in the United States.

What Does This Report Include?

This section will provide insights into the contents included in this U.S. concrete floor coatings market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

U.S. concrete floor coatings market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

U.S. concrete floor coatings market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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