The U.S. concrete floor coatings market size is anticipated to reach USD 472.3 million by 2030, registering a CAGR of 4.9% from 2023 to 2030. Increasing demand for green building in the country is expected to drive the market growth during the forecast period. Green buildings incorporate the use of eco-friendly and lightweight materials to maintain and improve the indoor air quality and efficiency of energy, water, and other resources. Since an ascending number of concrete floor coatings are being designed to be VOC-free and environment-friendly, their popularity is expected to increase during the forecast period and act as a driver for the overall U.S. concrete floor coatings market.
In addition, increasing spending on the commercial sector in the U.S. is further expected to fuel market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2.0 trillion as a part of the COVID-19 response for the development of infrastructure including hospital buildings, roads, and other infrastructure. Epoxy concrete floor coatings are expected to expand at a CAGR of more than 3.9% from 2021 to 2028. The high adoption rate of these types of coating in the flooring industry on account of providing excellent properties including improved durability and superior toughness is likely to have a significant impact in the next six years. These coatings are either water-based or solvent-based.
Epoxy floor coatings are widely preferred for garage application owing to their reasonable price, increased resilience to stains & tire marks, ability to cover minor imperfections such as flaws and spider cracks on the concrete, and ability to improve the floor appearance. As normal traffic on bare concrete can boost up the dust that has a tendency to further collect on storage items, cars, tool benches, and other items, the demand for anti-dusting products such as concrete floor coatings is increasing in the country.
Moreover, government initiatives to provide affordable housing units are expected to fuel the growth of the construction industry in the residential sector. This in turn is further expected to create demand for concrete floor coatings during the forecast period. For instance, the Mayor of Atlanta pledged to invest USD 1.0 billion to increase housing in order to construct and preserve 20,000 units of affordable housing within the city of Atlanta by 2026.
In addition, increasing spending on the commercial sector in the U.S. is further expected to fuel market growth during the forecast period. For instance, in March 2020, the U.S. government announced an investment worth USD 2.0 trillion as a part of the COVID-19 response for the development of infrastructure including hospital buildings, roads, and other infrastructure. Epoxy concrete floor coatings are expected to expand at a CAGR of more than 3.9% from 2021 to 2028. The high adoption rate of these types of coating in the flooring industry on account of providing excellent properties including improved durability and superior toughness is likely to have a significant impact in the next six years. These coatings are either water-based or solvent-based.
Epoxy floor coatings are widely preferred for garage application owing to their reasonable price, increased resilience to stains & tire marks, ability to cover minor imperfections such as flaws and spider cracks on the concrete, and ability to improve the floor appearance. As normal traffic on bare concrete can boost up the dust that has a tendency to further collect on storage items, cars, tool benches, and other items, the demand for anti-dusting products such as concrete floor coatings is increasing in the country.
Moreover, government initiatives to provide affordable housing units are expected to fuel the growth of the construction industry in the residential sector. This in turn is further expected to create demand for concrete floor coatings during the forecast period. For instance, the Mayor of Atlanta pledged to invest USD 1.0 billion to increase housing in order to construct and preserve 20,000 units of affordable housing within the city of Atlanta by 2026.
U.S. Concrete Floor Coatings Market Report Highlights
- South division dominated the market in 2022 both in terms of revenue and volume
- Epoxy coating is the largest product segment with a market share of 40.4% in 2022. Properties such as toughness improved dimensional stability, and superior resistance to abrasion and UV light are propelling the product demand in residential, commercial, and industrial application
- The commercial segment is potentially fueling the market growth owing to its rising product demand from restaurants & breweries, supermarkets & retail stores, and educational institutions in addition to other commercial structures
- In September 2020, PPG Industries announced to launch of PPG Flooring coatings, which is a comprehensive line of coating systems that comprise prime coats, base coats, and topcoats. This coating line is designed to provide optimum performance based on the specific work environment i.e., general purpose, wear-resistant, chemical resistant, and urethane cement with additional customization options
Table of Contents
Chapter 1 Methodology and Scope1.1 Research Methodology
1.2 Research scope and assumptions
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Third-Party Perspective
1.3.5 Primary Research
1.4 Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation And Data Visualization
1.6 Data Validation And Publishing
1.7 List Of Abbreviations
Chapter 2 Executive Summary
2.1 Market & Segmental Outlook
Chapter 3 U.S. Concrete Floor Coatings: Market Variables, Trends, And Scope
3.1 Market Lineage Outlook
3.1.1 Paints & Coatings Market Outlook
3.1.2 U.S. Paints & Coatings Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Manufacturing Trends
3.3.1.1 Polyurethane (Pu)
3.3.1.2 Epoxy Resin
3.3.2 Sales Channel Analysis
3.3.3 Vendor Selection Criteria Analysis
3.4 Technology Overview
3.4.1 Technology Timeline
3.4.1.1 Nanocoatings
3.4.1.2 Powder Coatings
3.5 Regulatory Framework
3.5.1 Standard & Compliances
3.5.2 Safety
3.5.2.1 Epoxy Resin
3.5.2.2 Polyurethane Resin
3.5.2.3 Polyaspartic Resin
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Growing Construction Industry In The U.S.
3.6.1.2 Rising Demand For Green Buildings
3.6.2 Market Restraint Analysis
3.6.2.1 Substitutional Threat Other Types Of Flooring
3.6.3 Industry Challenges
3.6.3.1 Issues Caused During Installation
3.7 Business Environment Analysis: U.S. Concrete Floor Coatings Market
3.7.1 Industry Analysis - Porter’s Five Forces
3.7.1.1 Threat Of New Entrants
3.7.1.2 Bargaining Power Of Suppliers
3.7.1.3 Bargaining Power Of Buyers
3.7.1.4 Threat Of Substitutes
3.7.1.5 Intensity Of Competitive Rivalry
3.7.2 Pestel Analysis
3.7.2.1 Political Factors
3.7.2.2 Economic Factors
3.7.2.3 Social
3.7.2.4 Technological
3.7.2.5 Environmental
3.7.2.6 Legal
Chapter 4 U.S. Concrete Floor Coatings: Product Estimates & Trend Analysis
4.1 U.S. Concrete Floor Coatings Market: Product Movement Analysis, 2022 & 2030
4.1.1 Epoxy
4.1.1.1 U.S. Epoxy Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
4.1.2 Polyurea
4.1.2.1 U.S. Polyurea Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
4.1.3 Polyurethane
4.1.3.1 U.S. Polyurethane Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
4.1.4 Polyaspartic
4.1.4.1 U.S. Polyaspartic Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
4.1.5 Other
4.1.5.1 U.S. Other Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
Chapter 5 U.S. Concrete Floor Coatings: Application Estimates & Trend Analysis
5.1 U.S. Concrete Floor Coatings Market: Application Movement Analysis, 2022 & 2030
5.1.1 Residential
5.1.1.1 U.S. Concrete Floor Coatings Market Estimates And Forecasts, In Residential, 2018 - 2030 (Kilotons) (Usd Million)
5.1.2 Commercial
5.1.2.1 U.S. Concrete Floor Coatings Market Estimates And Forecasts, In Commercial, 2018 - 2030 (Kilotons) (Usd Million)
5.1.3 Industrial
5.1.3.1 U.S. Concrete Floor Coatings Market Estimates And Forecasts, In Industrial, 2018 - 2030 (Kilotons) (Usd Million)
Chapter 6 U.S. Concrete Floor Coatings: End-User Estimates & Trend Analysis
6.1 U.S. Concrete Floor Coatings Market: End-User Movement Analysis, 2022 & 2030
6.1.1 Do-It-Yourself (Diy)
6.1.1.1 U.S. Concrete Floor Coatings Market Estimates And Forecasts, By Diy, 2018 - 2030 (Kilotons) (Usd Million)
6.1.2 Professional
6.1.2.1 U.S. Concrete Floor Coatings Market Estimates And Forecasts, By Professional, 2018 - 2030 (Kilotons) (Usd Million)
Chapter 7 U.S. Concrete Floor Coatings: Division Estimates & Trend Analysis
7.1 U.S. Concrete Floor Coatings Market: Division Movement Analysis, 2022 & 2030
7.1.1 Northeast
7.1.1.1 Northeast Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
7.1.2 Midwest
7.1.2.1 Midwest Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
7.1.3 South
7.1.3.1 South Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
7.1.4 West
7.1.4.1 West Concrete Floor Coatings Market Estimates And Forecasts, 2018 - 2030 (Kilotons) (Usd Million)
Chapter 8 U.S. Concrete Floor Market: Product Estimates & Trend Analysis
8.1 U.S. Concrete Floor Market: Product Movement Analysis, 2022 & 2030
8.1.1 Coated
8.1.1.1 U.S. Coated Concrete Floor Market Estimates And Forecasts, 2018 - 2030 (Million Square Feet) (Usd Million)
8.1.1.2 U.S. Coated Concrete Floor Market Estimates And Forecasts, By Product, 2018 - 2030 (Million Square Feet) (Usd Million)
8.1.2 Polished
8.1.2.1 U.S. Polished Concrete Floor Market Estimates And Forecasts, 2018 - 2030 (Million Square Feet) (Usd Million)
Chapter 9 U.S. Concrete Floor Market: Application Estimates & Trend Analysis
9.1 U.S. Concrete Floor Market: Application Movement Analysis, 2022 & 2030
9.1.1 Residential
9.1.1.1 U.S. Concrete Floor Market Estimates And Forecasts, In Residential, 2018 - 2030 (Million Square Feet) (Usd Million)
9.1.2 Commercial
9.1.2.1 U.S. Concrete Floor Market Estimates And Forecasts, In Commercial 2018 - 2030 (Million Square Feet) (Usd Million)
Chapter 10 Competitive Landscape
10.1 Key Players & Recent Developments & Their Impact On The Industry
10.2 Vendor Landscape
10.2.1 List Of Key Distributors & Channel Partners
10.2.2 Key Potential Customers
10.3 Public Companies
10.3.1 Company Market Position Analysis
10.3.2 Competitive Dashboard Analysis
10.4 Private Companies
10.4.1 List Of Key Emerging Companies & Geographical Presence
Chapter 11 Company Profiles
11.1 Trucrete Surfacing Systems
11.1.1 Company Overview
11.1.2 Product Benchmarking
11.2 The Sherwin - Williams Company
11.2.1 Company Overview
11.2.2 Financial Performance
11.2.3 Product Benchmarking
11.2.4 Strategic Initiative
11.3 North American Coating Solution Company
11.3.1 Company Overview
11.3.2 Product Benchmarking
11.4 Henkel Ag & Co. Kgaa
11.4.1 Company Overview
11.4.2 Financial Performance
11.4.3 Product Benchmarking
11.5 Basf Se
11.5.1 Company Overview
11.5.2 Financial Performance
11.5.3 Product Benchmarking
11.5.4 Strategic Initiative
11.6 Vanguard Concrete Coating
11.6.1 Company Overview
11.6.2 Product Benchmarking
11.7 Tennant Coatings
11.7.1 Company Overview
11.7.2 Financial Performance
11.7.3 Product Benchmarking
11.8 The Jotun Group
11.8.1 Company Overview
11.8.2 Financial Performance
11.8.3 Product Benchmarking
11.9 Axalta Coating Systems
11.9.1 Company Overview
11.9.2 Financial Performance
11.9.3 Product Benchmarking
11.10 Elite Crete Systems
11.10.1 Company Overview
11.10.2 Product Benchmarking
11.11 Stonhard
11.11.1 Company Overview
11.11.2 Financial Performance
11.11.3 Product Benchmarking
11.12 Ppg Pittsburgh Paints
11.12.1 Company Overview
11.12.2 Financial Performance
11.12.3 Product Benchmarking
11.12.4 Strategic Initiatives
11.13 Key Resin Company
11.13.1 Company Overview
11.13.2 Financial Performance
11.13.3 Product Benchmarking
11.14 Behr Paint Company
11.14.1 Company Overview
11.14.2 Product Benchmarking
11.15 Epmar Corporation
11.15.1 Company Overview
11.15.2 Product Benchmarking
11.16 Pratt & Lambert Paints
11.16.1 Company Overview
11.16.2 Financial Performance
11.16.3 Product Benchmarking
11.17 Dex - O - Tex (A Division Of Crossfield Products Corp.)
11.17.1 Company Overview
11.17.2 Product Benchmarking
11.18 Florock Polymer Flooring
11.18.1 Company Overview
11.18.2 Product Benchmarking
11.18.3 Strategic Initiatives
11.19 The Garland Company, Inc.,
11.19.1 Company Overview
11.19.2 Product Benchmarking
11.20 Tnemec Company, Inc.
11.20.1 Company Overview
11.20.2 Product Benchmarking
11.20.3 Strategic Initiatives
11.21 Cornerstone Coatings International, Inc.
11.21.1 Company Overview
11.21.2 Product Benchmarking
11.22 Westcoat Specialty Coating Systems
11.22.1 Company Overview
11.22.2 Product Benchmarking
11.22.3 Strategic Initiatives
11.23 Versatile Building Products
11.23.1 Company Overview
11.23.2 Product Benchmarking
11.24 Sika Corporation
11.24.1 Company Overview
11.24.2 Financial Performance
11.24.3 Product Benchmarking
11.24.4 Strategic Initiatives
11.25 Brickform, Inc.
11.25.1 Company Overview
11.25.2 Product Benchmarking
11.26 Surecrete
11.26.1 Company Overview
11.26.2 Product Benchmarking
List of Tables
Table 1 List of Abbreviations
Table 2 U.S. epoxy concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 3 U.S. polyurethane concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 4 U.S. polyaspartic concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 5 U.S. other concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 6 U.S. concrete floor coatings market estimates and forecasts, in residential, 2018 - 2030 (Kilotons) (USD Million)
Table 7 U.S. polyurethane concrete floor coatings market estimates and forecasts, in commercial, 2018 - 2030 (Kilotons) (USD Million)
Table 8 U.S. concrete floor coatings market estimates and forecasts, in industrial, 2018 - 2030 (Kilotons) (USD Million)
Table 9 U.S. concrete floor coatings market estimates and forecasts, by DIY, 2018 - 2030 (Kilotons) (USD Million)
Table 10 U.S. concrete floor coatings market estimates and forecasts, by professional, 2018 - 2030 (Kilotons) (USD Million)
Table 11 Northeast concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 12 Midwest concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 13 South concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 14 West concrete floor coatings market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Table 15 U.S. coated concrete floor market estimates and forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
Table 16 U.S. coated concrete floor market estimates and forecasts, by product, 2018 - 2030 (Million Square Feet)
Table 17 U.S. coated concrete floor market estimates and forecasts, by product, 2018 - 2030 (USD Million)
Table 18 U.S. polished concrete floor market estimates and forecasts, 2018 - 2030 (Million Square Feet) (USD Million)
Table 19 U.S. concrete floor market estimates and forecasts, in residential, 2018 - 2030 (Million Square Feet) (USD Million)
Table 20 U.S. concrete floor market estimates and forecasts, in commercial, 2018 - 2030 (Million Square Feet) (USD Million)
List of Figures
Fig. 1 Information procurement
Fig. 2 Primary research pattern
Fig. 3 Primary Research Process
Fig. 4 Market research approaches - Bottom-Up Approach
Fig. 5 Market research approaches - Top-Down Approach
Fig. 6 Market research approaches - Combined Approach
Fig. 7 U.S. Concrete Floor Coatings Market Revenue, 2019 (USD Million)
Fig. 8 U.S. Concrete Floor Coatings Market: Penetration & Growth Prospect Mapping
Fig. 9 U.S. Concrete Floor Coatings Market: Value Chain Analysis
Fig. 10 U.S. construction spending, 2014-2019 (USD Million)
Fig. 11 U.S. concrete floor coatings market: Product movement analysis, 2022 & 2030
Fig. 12 U.S. concrete floor coatings market: Application movement analysis, 2022 & 2030
Fig. 13 U.S. concrete floor coatings market: End-user movement analysis, 2022 & 2030
Fig. 14 U.S. concrete floor coatings market: Division movement analysis, 2022 & 2030
Fig. 15 U.S. concrete floor market: Product movement analysis, 2022 & 2030
Fig. 16 U.S. concrete floor market: Application movement analysis, 2022 & 2030
Fig. 17 Competitive Dashboard
Companies Mentioned
- Trucrete Surfacing Systems
- The Sherwin - Williams Company
- North American Coating Solution Company
- Henkel Ag & Co. Kgaa
- Basf Se
- Vanguard Concrete Coating
- Tennant Coatings
- The Jotun Group
- Axalta Coating Systems
- Elite Crete Systems
- Stonhard
- Ppg Pittsburgh Paints
- Key Resin Company
- Behr Paint Company
- Epmar Corporation
- Pratt & Lambert Paints
- Dex - O - Tex (A Division Of Crossfield Products Corp.)
- Florock Polymer Flooring
- The Garland Company, Inc.,
- Tnemec Company, Inc.
- Cornerstone Coatings International, Inc.
- Westcoat Specialty Coating Systems
- Versatile Building Products
- Sika Corporation
- Brickform, Inc.
- Surecrete
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 98 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 323 Million |
| Forecasted Market Value ( USD | $ 472.3 Million |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | United States |
| No. of Companies Mentioned | 26 |
