Skip to main content

Canada Concrete Floor Coatings Market: High Resilience and low Environmental Impact Seen as Key Factors of Appeal, TMR

The Canada concrete floor coatings market features a highly consolidated competitive landscape, with the top five contributors to the market holding a substantial 70% of the overall market in 2016, says Transparency Market Research in a recent report. Strong growth of these leading companies, namely The Sherwin Williams Company, PPG Industries Inc., BASF SE, RPM International Inc., and Sika AG, is largely attributed to their continual efforts towards attaining technological expertise and introducing innovative products to the market.


Expanding their geographical reach with the help of strategic acquisitions and mergers is one of the key growth strategies adopted by companies in the market to strengthen their hold. An instance is BASF SE’s recent acquisition. In December 2016, the company acquired Chemtell Group’s surface treatment business from Albemarle Corp. in Charlotte, North Carolina to improve its coatings portfolio as well as its position as a complete solutions provider to global customers.
Transparency Market Research estimates that the Canada concrete floor coatings market will expand at a healthy 5.2% CAGR from 2017 to 2025, rising from a valuation of US$100.8 mn in 2016 to US$158.0 mn in 2025.
Epoxy Coatings to Keep Contributing Massive Chunk of Revenue to Canada Concrete Floor Coatings Market
From a geographical standpoint, the Ontario concrete floor coatings market accounted for more than 30% of the Canada concrete floor coatings market in 2016. Rising urbanization, increasing disposable income and increasing demand for residential projects have been the prominent factors driving the market in Ontario and are expected to help retain the province its leading stance in the overall market in the next few years as well. In terms of product type, the segment of epoxy coatings accounted for a massive 60% of the overall market in 2016. The segment will continue to account for a massive share in the Canada concrete floor coatings market over the forecast period as well, but is expected to lose to the segment of polyaspartics in terms of growth rate over the forecast period.
Rising Demand from Thriving Construction Sector to Drive Market
Strict environmental regulations in Canada are expected to have a significant influence on the way the Canada market for concrete floor coatings develops in the next few years. In its transition to becoming an environmentally more sensitive country, the government of Canada has put forward regulations to limit harmful emission of VOCs from various paints and coatings. Almost all provinces in the country have been experiencing reduction in emissions since the last 10 years. Rise in demand from the blooming construction industry is another key factor driving the overall development of the Canada concrete floor coatings market.
For more information on this report, fill the form  @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26021
Government programs such as Affordable Housing Initiative (AHI) and New Building Canada Plan (NBCP) are projected to propel the construction industry in Canada. This, in turn, is anticipated to augment the market for concrete floor coatings. Additionally, various government efforts to enhance the residential and public infrastructure are likely to contribute to the growth of the market. Upcoming projects of real estate, revitalization of bridges, airport facility expansion, construction of hydroelectric dams, and construction of LNG facilities are expected to augment the demand for concrete floor coatings in Canada in the near future.
For the study, the Canada concrete floor coatings market has been segmented as follows:
Concrete Floor Coatings Market – Product Type Analysis
  • Epoxy
  • Polyaspartics
  • Others

Concrete Floor Coatings Market – Application Type Analysis
  • Indoor
  • Outdoor

Concrete Floor Coatings Market – Provincial Analysis
  • Ontario
  • Quebec
  • British Columbia
  • Alberta
  • Saskatchewan
  • Manitoba
  • Atlantic

This review of the Canada concrete floor coatings market is based on a recent market research report published by Transparency Market Research, titled “Concrete Floor Coatings Market (Product Type - Epoxy and Polyaspartics; Application - Indoor and Outdoor) - Canada Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Comments

Popular posts from this blog

Global Epoxy Curing Agents Market - Projected to Scale-Up by construction, adhesive, Wind Energy Application to 2022.

“Global Epoxy Curing Agents Market Market Professional Survey Report 2017-2022” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Global Epoxy Curing Agents market   Report is a professional and in-depth research report on the world’s major regional market conditions of the Epoxy Curing Agents market, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China). Based on application, the wind energy segment is projected to witness the highest growth from 2017 to 2022, both in terms of value and volume. Wind blades manufacturing is one of the major applications for epoxy curing agents. The depletion of fossil fuels and their volatile prices have resulted in increased energy cost with rise in demand. This research report provides an in-depth analysis of the global Epoxy Curing Agents Market based on enterprise size, services, solution, end-use industry, and geography. The report also prov...

Glass Fiber Reinforced Gypsum Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017-2025

Glass Fiber Reinforced Gypsum (GFRG) is a composite application utilizing naturally occurring mineral gypsum combined with reinforcing fibers. It may also contain polymers to increase product strength. The molding process can be either hand lay-up or a chopped strand spray method. Stereotypically, the end product is used for indoor applications with negligible exposure to moisture or other environmental elements. Completed composites are in the form of ornamental or decorative columns, pillars and facades. With the slowdown in world economic growth, the global market has also suffered a certain impact, but still maintained a relatively optimistic growth. In terms of revenue, the Global Glass Fiber Reinforced Gypsum Market was valued at US$ 458.49 Mn in 2016 and is expected to reach US$ 888.35 Mn by 2025, expanding at a CAGR of 7.6% from 2017 to 2025. The Global Glass Fiber Reinforced Gypsum Market is boosted by factors such as: ·       ...

Global Arcylamide Market for Applications like Waste & Wastewater Treatment, Pulp & Paper, Printing & Dyeing, Solid Crystalline - Analysis of Top Key Players and Forecast to 2022

This report comprises a comprehensive outline of the current state of the   Global Arcylamide market   and projects its growth and every other central elements across major provincial markets. It presents an immense amount of market information that has been collected with the help of countless number of prime and subordinate research techniques. The statistics of this report has been tapered down using numerous industry based analytical procedures. An in depth synopsis of key market drivers, inclinations, manacles are provided and the study analyzes the way they shake the Global Arcylamide market in an affirmative as well as an adverse way. The topographies which are enclosed in this report are North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Taking into consideration the given prediction period and specifically studying each and every data annually, a report is been enlisted to ensure the data is well anticipated by clients. Increasing u...