Floor Coatings are a covering applied on the substrate surface of commercial or residential, or industrial buildings for decorative purposes or functional purposes like corrosion resistance, temperature resistant, wear resistance, etc. According to BlueQuark Research & Consulting, the global Floor Coating market is expected to witness a significant growth rate during the forecasted period. Factors like increased use of Floor Coating in various industries for its properties like high-temperature resistance, chemical resistant, etc., are expected to drive the global Floor Coatings market in the forecasted period. Further, the use of Floor Coatings in the Residential Industry due to desirable properties like moisture and crack prevention is projected to drive the Floor Coatings market in the forecasted period. Furthermore, the increased use of Floor Coatings in Commercial Buildings adds an aesthetic look due to its variable colors is expected to drive the global Floor Coatings market in the forecasted period. However, factors like the very high price of raw materials and stringent regulations to use low VOC coatings are expected to hinder the growth of the Floor Coatings market in the forecasted period. 

Floor Coating is primarily used for commercial coating facilities, shopping malls, freezing chambers, carparks, warehouses, airports, hospitals, garages, showrooms, etc. It can be used on substrates like wood, concrete, terrazzo, mortars, etc.

The Primary use of Floor Coatings is in the Industrial domain. The desirable properties of Floor Coatings, like quick-drying in ambient temperature, Chemical resistance, temperature resistance, abrasion resistance, scratch resistance, stain prevention, high mechanical strength, and superior finishing, are expected to increase the usage of Coating in various industries like Chemical, Automotive, Manufacturing, Foods & Beverages, electrical & electronics, etc., therefore driving the growth of the global market. Properties like strict hygiene and safety protocols in chemical industries to prevent damage and accidents drive the usage of floor coatings. The chemical sector is the most significant industry of the era. Directly or indirectly, chemicals are utilized in almost every product manufactured. This implies the consequence for the chemical industry globally. Being one of the most critical sectors, the right high-performance flooring is essential for research and development labs, production plants, and other industrial facilities. In the industry, strict hygiene, chemical resistance flooring, and safety protocols play critical roles in avoiding the risks related to damage, accidents, and workers' health. Thus, considering the risks and the needs of the chemical industry, floor coatings have become a vital element of concern. Further, in the Food & Beverage Industry, floor coatings have seen a significant increase in preventing microbial growth due to spillage and avoiding contamination that degrades food purity, thereby supporting the development of the Floor Coating market. Consequently, these contaminants deteriorate the processed food's purity. To avoid such problems, the industry requires long-lasting and thick floor coatings to provide a protective barrier, which can help prohibit contaminants from entering the concrete substrate and make sure a hygienic surface. Furthermore, properties of Floor coatings like the ability to withstand high impact, heavy loads & extreme abrasion have been helpful for manufacturing plants. Moreover, The Sherwin-Williams Company, one of the global leaders in manufacturing Floor Coatings, posted its net income of $2,030 Million for 2020, a significant 24% increase from the previous fiscal year. These are the factors projected to drive the growth of the Global Floor Coating market.  

Some of the market's key players are PPG Industries, AkzoNobel NV, The Sherwin-Williams Company, Tambour, The Arkema Group, and RPM International. 

The Asia-Pacific region is expected to be a market leader as it is one of the fastest-growing markets for Floor Coating. An Increase in Globalization, Urbanization and rapid economic growth in countries like India and China are estimated to restructure the flooring industry, thereby driving the Asia Pacific market. Further, the growing population with heavy investments in building & construction in the Asia-Pacific region is projected to drive the demand for Floor Coatings. Various types of floor coatings, like polyurethane and epoxy-based, are exclusively utilized in resurfacing applications and covering stains. The growth in the construction sector and surged usage of coatings in industrial, commercial, and residential applications are the vital factors that drive the floor coatings market growth. Epoxy surface coatings are widely utilized on concrete floors in industrial and commercial applications such as warehouses, showrooms, garages, hospitals, commercial & retail stores, manufacturing plants, airplane hangars, etc. These coatings provide a high-gloss finish, are decorative, and are available in various colors. Epoxy coatings are applied to on-chip flooring, terrazzo flooring, and colored aggregate flooring for decoration purposes. The layers provide an easy to clean and chemically resistant flooring solution and can be directly put in over old and new concrete floors. Concrete floor Coating find application in various systems used to cover a bare concrete surface to enhance its appearance. There are defined color codes and regulations for concrete floor coating applications in several industries. There are various types of coatings for different applications, like a concrete sealer, which requires the least amount of work before applying the sealer. Sealers are worn to protect concrete surfaces from food stains and chemical spillage and for the ease of cleaning. Furthermore, the rise in population and the surge in industrialization across the globe have bolstered the demand for floor coatings. Moreover, an upsurge in investment in the infrastructure sector coupled with augmenting demand for floor coatings from the chemical industry offers opportunities to the market players. Furthermore, an increase in demand from chemical industries with large consumption in China and India is estimated to drive the market growth. Moreover, the entry of construction players from the European Union in China with an increase in high-rise buildings and the 'Housing for All by 2022' plan of India is expected to increase the demand for Floor Coatings. Also, there has been a gradual increase in the popularity of processed & packed foods, dairy products, baby foods, confectionery products, etc., in the Asia-Pacific region. Factors like these have made Asia-Pacific an essential scope for the global Floor Coating market.

In Sept 2021, Diversify Expands High-Performance Flooring Capabilities With Addition of Epoxy Systems

In July 2021, New Orleans Viking Concrete floor launched LA Epoxy Concrete Floor Coating Installation/Repairs. 

Global Floor Coating Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Floor Coating market by segmenting based on the Product Type (Epoxy, Thermoplastic, Thermoset, others), Coating Components (1K, 2K, 3K), End-User Industry (Industry, Residential, Commercial & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.