The North America Floor Coatings Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 230.58 kilo tonnes, showcasing a growth of 4.8% (2019-2022).
Antimicrobial floor coatings are commonly used in hospitals, clinics, and laboratories to inhibit the growth of bacteria and maintain a sterile environment. These coatings contribute to infection control efforts and support the overall cleanliness of healthcare spaces.
Additionally, food and beverage sector require flooring solutions that withstand frequent cleaning, resist chemical exposure, and comply with food safety regulations. Epoxy and polyurethane coatings with antimicrobial properties are employed in food processing plants, commercial kitchens, and breweries.
Similarly, the Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Floor Coatings Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $886.7 million by 2030. Canada market is showcasing a CAGR of 8.1% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 7.1% during (2023 - 2030).
Free Valuable Insights: The Floor Coatings Market is Predict to reach USD 5 Billion by 2030, at a CAGR of 5.9%
Based on End-User, the market is segmented into Industrial, Residential and Commercial. Based on Application, the market is segmented into Concrete, Wood, Terrazzo, and Others. Based on Product, the market is segmented into Epoxy, Polyurethane, Polyaspartic, Acrylic and Methyl Methacrylate. Based on Component, the market is segmented into Double Component, Single Component, Triple Component, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By End-User (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Component (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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