Lucintel Forecasts Construction Flooring Chemical Market to Reach $5.8 Billion by 2028

Category: Business

According to the recent study the construction flooring chemical market is projected to reach an estimated $5.8 billion by 2028 from $4.4 billion in 2023, at a CAGR of 5.3% from 2023 to 2028. Growth in this market is primarily driven by rising demand for advanced flooring along with increase in number of home improvement and renovation projects. A more than 150-page report is developed to understand trends, opportunities and forecast in construction flooring chemical market by product (epoxy floor coating, grout chemicals, admixtures chemicals, floor hardeners, curing and sealing compounds, primers, and polyurethane coating), application (industrial flooring, residential flooring, waterproofing, repair and protection, anti-skid and anti-slip flooring, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World). Download sample report by clicking on below link https://www.lucintel.com/construction-flooring-chemical-market.aspx “Epoxy floor coating market is expected to remain the largest segment during the forecast period.” Based on product, the construction flooring chemical market is segmented into epoxy floor coating, grout chemicals, admixtures chemicals, floor hardeners, curing and sealing compounds, primers, and polyurethane coating. Lucintel forecasts that the epoxy floor coating market is expected to remain the largest segment because it helps in delivering a strong between resin and reinforcement, which enables development of lightest as well as durable structures. “Within the construction flooring chemical market, the industrial flooring segment is expected to remain the largest application” Based on application the industrial flooring segment is expected to witness the highest growth over the forecast period due to increasing industrial construction activities, along with initiatives taken by Government for infrastructural development. “Asia pacific will dominate the construction flooring chemical market in near future” APAC will remain the largest region due to rapidly increasing construction sector and rise in government investments in public infrastructure and affordable housing solutions. Download Brochure of this report by clicking on https://www.lucintel.com/construction-flooring-chemical-market.aspx Major players of construction flooring chemical market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. AkzoNobel, BASF, Borealis, Dow Chemical, Dupont, and Exxon Mobil are among the major construction flooring chemical providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/construction-flooring-chemical-market.aspx or helpdesk@lucintel.com