Epoxy Flooring Resins Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The Epoxy Flooring Resins Market is segmented by End Use Sector (Commercial, Industrial and Institutional, Infrastructure, Residential) and by Region (Asia-Pacific, Europe, Middle East and Africa, North America, South America). Key Data Points observed include new construction floor area in residential, commercial, industrial and institutional sectors; existing construction floor area, infrastructure spending, and major infrastructure projects.

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Epoxy Flooring Resins Market Size

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Epoxy Flooring Resins Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2018 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 5.12 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 6.83 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End Use Sector Industrial and Institutional
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 4.92 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Region Asia-Pacific

Major Players

Epoxy Flooring Resins Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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Epoxy Flooring Resins Market Analysis

The Epoxy Flooring Resins Market size is estimated at 5.12 billion USD in 2024, and is expected to reach 6.83 billion USD by 2030, growing at a CAGR of 4.92% during the forecast period (2024-2030).

5.12 Billion

Market Size in 2024 (USD)

6.83 Billion

Market Size in 2030 (USD)

4.21 %

CAGR (2018-2023)

4.92 %

CAGR (2024-2030)

Largest Market by End Use Sector

92.04 %

value share, Industrial and Institutional, 2023

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The sector occupied the largest market share due to the increasing consumption of flooring resins due to their high resistance properties to oil, water, and lubricants from the chemical, pharmaceutical, food industries, etc.

Fastest Market by End Use Sector

7.21 %

Projected CAGR, Commercial, 2024-2030

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Growing demand for durable flooring in malls and multi-story warehouses and the rising commercial spaces globally are expected to drive the demand in the sector during the forecast period.

Largest Market by Region

36.15 %

value share, Asia-Pacific, 2023

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Asia-Pacific dominated the market due to the growing industrial construction activities in the region and the increasing demand for cementitious grout in countries like China, India, Japan, and South Korea.

Fastest Market by Region

5.60 %

Projected CAGR, Asia-Pacific, 2024-2030

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Owing to growing investments in infrastructure projects, government initiatives, fast-paced urbanization, and industrialization, Asia-Pacific is expected to witness the fastest growth.

Leading Company

11.20 %

market share, Sika AG, 2022

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The company's broad range of high-quality products, well-established network, robust supply chain, and strategic expansions and acquisitions in the construction industry make it a major player in the market.

The rising demand for shopping malls & centers and offices is likely to drive the demand for epoxy flooring resins

  • The global consumption value of epoxy flooring resins witnessed a 2.67% growth in 2022, driven by rising demand from the industrial & institutional and commercial construction sectors. In 2023, epoxy flooring resins are projected to capture 52% of the global flooring resins market.
  • The industrial & institutional sector dominated the consumption of epoxy flooring resins, accounting for a significant 92.04% share in 2022. Globally, the new industrial floor area was expected to grow by 3.09% in 2023, primarily fueled by expanding warehousing spaces. Notably, the Indian industrial and warehousing sector saw a 7% rise in absorption, totaling 22.4 million sq. ft in H1 2023 compared to H1 2022. Heightened investments in industrial construction, like the projected USD 47.59 billion spending on new industrial buildings in the United States by 2026, are expected to bolster the demand for epoxy flooring resins. Consequently, the sector's consumption of epoxy flooring resins globally is projected to surge by USD 1.75 billion by 2030 compared to 2023.
  • The commercial sector is projected to be the fastest-growing consumer of epoxy flooring resins, with a notable CAGR of 7.22% during the forecast period. The global new floor construction in the commercial sector is projected to reach 9.34 billion sq. ft by 2030, primarily driven by the surging demand for shopping malls, office spaces, and other commercial establishments. For instance, India's Grade A office market in the top seven cities is anticipated to expand to approximately 1 billion sq. ft by 2026, further scaling up to 1.2 billion sq. ft by 2030. Consequently, the global consumption of epoxy flooring resins in the commercial sector is estimated to increase from USD 243 million in 2023 to USD 397 million in 2030.
Global Epoxy Flooring Resins Market

The rise in retail spaces is expected to drive the demand for epoxy flooring resins

  • The global epoxy flooring resins market witnessed a growth of approximately 2.67% in 2022, surpassing the figures of 2021. Notably, Asia-Pacific and Europe emerged as the leading regions, capturing shares of 36.24% and 32.12%, respectively. The global epoxy flooring resins market was projected to expand by 4.34% in 2023, building on the growth of the previous year.
  • In 2023, Asia-Pacific solidified its position as the dominant consumer of epoxy flooring resins, accounting for an estimated 36.15% of the global market. This surge in demand can be attributed to the region's escalating construction activities, driven by investments in sectors like industrial, healthcare, and retail. For instance, Indonesia is set to witness the completion of six shopping mall projects, collectively spanning 292 thousand sq. m, by 2025. Given this momentum, the epoxy flooring resins market in Asia-Pacific is poised to grow by a significant 40.21% by 2030 compared to its 2023 levels.
  • Asia-Pacific is leading in consumption and is also projected to exhibit the highest CAGR of 5.62% during the forecast period. This growth is likely to be fueled by the region's surging demand for epoxy flooring resins, particularly in the industrial, institutional, and commercial sectors. Notably, the industrial and institutional floor area in the region is set to expand by 149 million sq. ft from 2023 to 2024. In India, major cities like Delhi NCR, Bangalore, and Hyderabad are expected to witness the opening of nearly 60 shopping malls, boasting a combined retail space of 23.25 million sq. ft, between 2023 and 2025. These trends indicate a robust trajectory for the region's epoxy flooring resins market, with projections pointing toward a value of USD 2.58 billion by 2030, up from USD 1.76 billion in 2023.

Global Epoxy Flooring Resins Market Trends

Asia-Pacific's surge in large-scale office building projects is set to elevate the global floor area dedicated to commercial construction

  • In 2022, the global new floor area for commercial construction witnessed a modest growth of 0.15% from the previous year. Europe stood out with a significant surge of 12.70%, driven by a push for high-energy-efficient office buildings to align with its 2030 carbon emission targets. As employees returned to offices, European companies, resuming lease decisions, spurred the construction of 4.5 million square feet of new office space in 2022. This momentum is poised to persist in 2023, with a projected global growth rate of 4.26%.
  • The COVID-19 pandemic caused labor and material shortages, leading to cancellations and delays in commercial construction projects. However, as lockdowns eased and construction activities resumed, the global new floor area for commercial construction surged by 11.11% in 2021, with Asia-Pacific taking the lead with a growth rate of 20.98%.
  • Looking ahead, the global new floor area for commercial construction is set to achieve a CAGR of 4.56%. Asia-Pacific is anticipated to outpace other regions, with a projected CAGR of 5.16%. This growth is fueled by a flurry of commercial construction projects in China, India, South Korea, and Japan. Notably, major Chinese cities like Beijing, Shanghai, Hong Kong, and Taipei are gearing up for an uptick in Grade A office space construction. Additionally, India is set to witness the opening of approximately 60 shopping malls, spanning 23.25 million square feet, in its top seven cities between 2023 and 2025. Collectively, these endeavors across Asia-Pacific are expected to add a staggering 1.56 billion square feet to the new floor area for commercial construction by 2030, compared to 2022.
Global Epoxy Flooring Resins Market

South America's estimated fastest growth in residential constructions due to increasing government investments in schemes for affordable housing to boost the global residential sector

  • In 2022, the global new floor area for residential construction declined by around 289 million square feet compared to 2021. This can be attributed to the housing crisis generated due to the shortage of land, labor, and unsustainably high construction materials prices. This crisis severely impacted Asia-Pacific, where the new floor area declined 5.39% in 2022 compared to 2021. However, a more positive outlook is expected in 2023 as the global new floor area is predicted to grow by 3.31% compared to 2022, owing to government investments that can finance the construction of new affordable homes capable of accommodating 3 billion people by 2030.
  • The COVID-19 pandemic caused an economic slowdown, due to which many residential construction projects got canceled or delayed, and the global new floor area declined by 4.79% in 2020 compared to 2019. As the restrictions were lifted in 2021 and pent-up demand for housing projects was released, new floor area grew 11.22% compared to 2020, with Europe having the highest growth of 18.28%, followed by South America, which rose 17.36% in 2021 compared to 2020.
  • The global new floor area for residential construction is expected to register a CAGR of 3.81% during the forecast period, with South America predicted to develop at the fastest CAGR of 4.05%. Schemes and initiatives like the Minha Casa Minha Vida in Brazil announced in 2023 with a few regulatory changes, for which the government plans an investment of USD 1.98 billion to provide affordable housing units for low-income families, and the FOGAES in Chile also publicized in 2023, with an initial investment of USD 50 million, are aimed at providing mortgage loans to families for affordable housing and will encourage the construction of new residential units.
Global Epoxy Flooring Resins Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Surging energy investments in Asia-Pacific are set to bolster the global expansion of industrial construction
  • Projections indicate that the growing number of private-public partnerships in infrastructure construction across Asia-Pacific will contribute to a notable surge in global infrastructure spending

Epoxy Flooring Resins Industry Overview

The Epoxy Flooring Resins Market is fragmented, with the top five companies occupying 32.44%. The major players in this market are Henkel AG & Co. KGaA, PPG Industries, Inc., RPM International Inc., Sika AG and The Sherwin-Williams Company (sorted alphabetically).

Epoxy Flooring Resins Market Leaders

  1. Henkel AG & Co. KGaA

  2. PPG Industries, Inc.

  3. RPM International Inc.

  4. Sika AG

  5. The Sherwin-Williams Company

Epoxy Flooring Resins Market Concentration

Other important companies include Akzo Nobel N.V., Kansai Paint Co.,Ltd., KCC Corporation, MBCC Group, Nippon Paint Holdings Co., Ltd..

*Disclaimer: Major Players sorted in alphabetical order.

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Epoxy Flooring Resins Market News

  • May 2023: Sika, a global leader in construction chemicals, acquired the MBCC Group, including its waterproofing solutions, anchors & grouts, flooring resins, repair & rehabilitation chemicals, and other businesses, with the exception of its concrete admixture operations in Europe, North America, Australia, and New Zealand.
  • March 2022: Akzo Nobel expanded its research and development capabilities by commissioning a new R&D facility worth USD 11 million in Slough, England.
  • March 2022: Nippon Paint Malaysia acquired 100% of CMI Construction Material Industry Sdn Bhd to expand its total coating and construction solutions business which includes flooring resins, all over Malaysia.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 24+ free charts, the section covers rare data on newly built floor area, infrastructural spending, and existing construction floor area across residential, commercial, industrial and institutional sectors.

Global Epoxy Flooring Resins Market
Global Epoxy Flooring Resins Market
Global Epoxy Flooring Resins Market
Global Epoxy Flooring Resins Market

Epoxy Flooring Resins Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 End Use Sector Trends​
    • 4.1.1 Commercial
    • 4.1.2 Industrial and Institutional
    • 4.1.3 Infrastructure
    • 4.1.4 Residential
  • 4.2 Major Infrastructure Projects (current And Announced)
  • 4.3 Regulatory Framework
  • 4.4 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size, forecasts up to 2030 and analysis of growth prospects.)

  • 5.1 End Use Sector
    • 5.1.1 Commercial
    • 5.1.2 Industrial and Institutional
    • 5.1.3 Infrastructure
    • 5.1.4 Residential
  • 5.2 Region
    • 5.2.1 Asia-Pacific
    • 5.2.1.1 By Country
    • 5.2.1.1.1 Australia
    • 5.2.1.1.2 China
    • 5.2.1.1.3 India
    • 5.2.1.1.4 Indonesia
    • 5.2.1.1.5 Japan
    • 5.2.1.1.6 Malaysia
    • 5.2.1.1.7 South Korea
    • 5.2.1.1.8 Thailand
    • 5.2.1.1.9 Vietnam
    • 5.2.1.1.10 Rest of Asia-Pacific
    • 5.2.2 Europe
    • 5.2.2.1 By Country
    • 5.2.2.1.1 France
    • 5.2.2.1.2 Germany
    • 5.2.2.1.3 Italy
    • 5.2.2.1.4 Russia
    • 5.2.2.1.5 Spain
    • 5.2.2.1.6 United Kingdom
    • 5.2.2.1.7 Rest of Europe
    • 5.2.3 Middle East and Africa
    • 5.2.3.1 By Country
    • 5.2.3.1.1 Saudi Arabia
    • 5.2.3.1.2 United Arab Emirates
    • 5.2.3.1.3 Rest of Middle East and Africa
    • 5.2.4 North America
    • 5.2.4.1 By Country
    • 5.2.4.1.1 Canada
    • 5.2.4.1.2 Mexico
    • 5.2.4.1.3 United States
    • 5.2.5 South America
    • 5.2.5.1 By Country
    • 5.2.5.1.1 Argentina
    • 5.2.5.1.2 Brazil
    • 5.2.5.1.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 Henkel AG & Co. KGaA
    • 6.4.3 Kansai Paint Co.,Ltd.
    • 6.4.4 KCC Corporation
    • 6.4.5 MBCC Group
    • 6.4.6 Nippon Paint Holdings Co., Ltd.
    • 6.4.7 PPG Industries, Inc.
    • 6.4.8 RPM International Inc.
    • 6.4.9 Sika AG
    • 6.4.10 The Sherwin-Williams Company
  • *List Not Exhaustive

7. KEY STRATEGIC QUESTIONS FOR CONCRETE, MORTARS AND CONSTRUCTION CHEMICALS CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
** Subject To Availablity

List of Tables & Figures

  1. Figure 1:  
  2. FLOOR AREA OF NEW COMMERCIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
  1. Figure 2:  
  2. FLOOR AREA OF NEW INDUSTRIAL AND INSTITUTIONAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
  1. Figure 3:  
  2. SPENDING ON INFRASTRUCTURE PROJECTS, USD, GLOBAL, 2018 - 2030
  1. Figure 4:  
  2. FLOOR AREA OF NEW RESIDENTIAL CONSTRUCTION, SQUARE FEET, GLOBAL, 2018 - 2030
  1. Figure 5:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, GLOBAL, 2018 - 2030
  1. Figure 6:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, USD, GLOBAL, 2018 - 2030
  1. Figure 7:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, GLOBAL, 2018 VS 2023 VS 2030
  1. Figure 8:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED IN COMMERCIAL SECTOR, USD, GLOBAL, 2018 - 2030
  1. Figure 9:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN COMMERCIAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
  1. Figure 10:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR, USD, GLOBAL, 2018 - 2030
  1. Figure 11:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN INDUSTRIAL AND INSTITUTIONAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
  1. Figure 12:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED IN INFRASTRUCTURE SECTOR, USD, GLOBAL, 2018 - 2030
  1. Figure 13:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN INFRASTRUCTURE SECTOR BY REGION, %, GLOBAL, 2018 - 2030
  1. Figure 14:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED IN RESIDENTIAL SECTOR, USD, GLOBAL, 2018 - 2030
  1. Figure 15:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED IN RESIDENTIAL SECTOR BY REGION, %, GLOBAL, 2018 - 2030
  1. Figure 16:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY REGION, USD, GLOBAL, 2018 - 2030
  1. Figure 17:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY REGION, %, GLOBAL, 2018 VS 2023 VS 2030
  1. Figure 18:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
  1. Figure 19:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2023 VS 2030
  1. Figure 20:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, AUSTRALIA, 2018 - 2030
  1. Figure 21:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, AUSTRALIA, 2023 VS 2030
  1. Figure 22:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, CHINA, 2018 - 2030
  1. Figure 23:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, CHINA, 2023 VS 2030
  1. Figure 24:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, INDIA, 2018 - 2030
  1. Figure 25:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, INDIA, 2023 VS 2030
  1. Figure 26:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, INDONESIA, 2018 - 2030
  1. Figure 27:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, INDONESIA, 2023 VS 2030
  1. Figure 28:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, JAPAN, 2018 - 2030
  1. Figure 29:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, JAPAN, 2023 VS 2030
  1. Figure 30:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, MALAYSIA, 2018 - 2030
  1. Figure 31:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, MALAYSIA, 2023 VS 2030
  1. Figure 32:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, SOUTH KOREA, 2018 - 2030
  1. Figure 33:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, SOUTH KOREA, 2023 VS 2030
  1. Figure 34:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, THAILAND, 2018 - 2030
  1. Figure 35:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, THAILAND, 2023 VS 2030
  1. Figure 36:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, VIETNAM, 2018 - 2030
  1. Figure 37:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, VIETNAM, 2023 VS 2030
  1. Figure 38:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF ASIA-PACIFIC, 2018 - 2030
  1. Figure 39:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF ASIA-PACIFIC, 2023 VS 2030
  1. Figure 40:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, EUROPE, 2018 - 2030
  1. Figure 41:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, EUROPE, 2018 VS 2023 VS 2030
  1. Figure 42:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, FRANCE, 2018 - 2030
  1. Figure 43:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, FRANCE, 2023 VS 2030
  1. Figure 44:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, GERMANY, 2018 - 2030
  1. Figure 45:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, GERMANY, 2023 VS 2030
  1. Figure 46:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, ITALY, 2018 - 2030
  1. Figure 47:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, ITALY, 2023 VS 2030
  1. Figure 48:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, RUSSIA, 2018 - 2030
  1. Figure 49:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, RUSSIA, 2023 VS 2030
  1. Figure 50:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, SPAIN, 2018 - 2030
  1. Figure 51:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, SPAIN, 2023 VS 2030
  1. Figure 52:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, UNITED KINGDOM, 2018 - 2030
  1. Figure 53:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED KINGDOM, 2023 VS 2030
  1. Figure 54:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF EUROPE, 2018 - 2030
  1. Figure 55:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF EUROPE, 2023 VS 2030
  1. Figure 56:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2018 - 2030
  1. Figure 57:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, MIDDLE EAST AND AFRICA, 2018 VS 2023 VS 2030
  1. Figure 58:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, SAUDI ARABIA, 2018 - 2030
  1. Figure 59:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, SAUDI ARABIA, 2023 VS 2030
  1. Figure 60:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, UNITED ARAB EMIRATES, 2018 - 2030
  1. Figure 61:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED ARAB EMIRATES, 2023 VS 2030
  1. Figure 62:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF MIDDLE EAST AND AFRICA, 2018 - 2030
  1. Figure 63:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
  1. Figure 64:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
  1. Figure 65:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, NORTH AMERICA, 2018 VS 2023 VS 2030
  1. Figure 66:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, CANADA, 2018 - 2030
  1. Figure 67:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, CANADA, 2023 VS 2030
  1. Figure 68:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, MEXICO, 2018 - 2030
  1. Figure 69:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, MEXICO, 2023 VS 2030
  1. Figure 70:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, UNITED STATES, 2018 - 2030
  1. Figure 71:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, UNITED STATES, 2023 VS 2030
  1. Figure 72:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 73:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2023 VS 2030
  1. Figure 74:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, ARGENTINA, 2018 - 2030
  1. Figure 75:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, ARGENTINA, 2023 VS 2030
  1. Figure 76:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, BRAZIL, 2018 - 2030
  1. Figure 77:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, BRAZIL, 2023 VS 2030
  1. Figure 78:  
  2. VALUE OF EPOXY FLOORING RESINS CONSUMED, USD, REST OF SOUTH AMERICA, 2018 - 2030
  1. Figure 79:  
  2. VALUE SHARE OF EPOXY FLOORING RESINS CONSUMED BY END USE SECTOR, %, REST OF SOUTH AMERICA, 2023 VS 2030
  1. Figure 80:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2020 - 2023
  1. Figure 81:  
  2. MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2020 - 2023
  1. Figure 82:  
  2. REVENUE SHARE OF EPOXY FLOORING RESINS BY MAJOR PLAYERS, %, GLOBAL, 2022

Epoxy Flooring Resins Industry Segmentation

Commercial, Industrial and Institutional, Infrastructure, Residential are covered as segments by End Use Sector. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.

  • The global consumption value of epoxy flooring resins witnessed a 2.67% growth in 2022, driven by rising demand from the industrial & institutional and commercial construction sectors. In 2023, epoxy flooring resins are projected to capture 52% of the global flooring resins market.
  • The industrial & institutional sector dominated the consumption of epoxy flooring resins, accounting for a significant 92.04% share in 2022. Globally, the new industrial floor area was expected to grow by 3.09% in 2023, primarily fueled by expanding warehousing spaces. Notably, the Indian industrial and warehousing sector saw a 7% rise in absorption, totaling 22.4 million sq. ft in H1 2023 compared to H1 2022. Heightened investments in industrial construction, like the projected USD 47.59 billion spending on new industrial buildings in the United States by 2026, are expected to bolster the demand for epoxy flooring resins. Consequently, the sector's consumption of epoxy flooring resins globally is projected to surge by USD 1.75 billion by 2030 compared to 2023.
  • The commercial sector is projected to be the fastest-growing consumer of epoxy flooring resins, with a notable CAGR of 7.22% during the forecast period. The global new floor construction in the commercial sector is projected to reach 9.34 billion sq. ft by 2030, primarily driven by the surging demand for shopping malls, office spaces, and other commercial establishments. For instance, India's Grade A office market in the top seven cities is anticipated to expand to approximately 1 billion sq. ft by 2026, further scaling up to 1.2 billion sq. ft by 2030. Consequently, the global consumption of epoxy flooring resins in the commercial sector is estimated to increase from USD 243 million in 2023 to USD 397 million in 2030.
End Use Sector Commercial
Industrial and Institutional
Infrastructure
Residential
Region Asia-Pacific By Country Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
Region Europe By Country France
Germany
Italy
Russia
Spain
United Kingdom
Rest of Europe
Region Middle East and Africa By Country Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa
Region North America By Country Canada
Mexico
United States
Region South America By Country Argentina
Brazil
Rest of South America
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Market Definition

  • END-USE SECTOR - Epoxy flooring resins consumed in the construction sectors such as commercial, residential, industrial, institutional, and infrastructure are considered under the scope of the study.
  • PRODUCT/APPLICATION - Under the scope of the study, the consumption of epoxy-based flooring resin products for the lobby, factory, store, garage, and hallways among others are considered.
Keyword Definition
Accelerator Accelerators are admixtures used to fasten the setting time of concrete by increasing the initial rate and speeding up the chemical reaction between cement and the mixing water. These are used to harden and increase the strength of concrete quickly.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Adhesives Adhesives are bonding agents used to join materials by gluing. Adhesives can be used in construction for many applications, such as carpet laying, ceramic tiles, countertop lamination, etc.
Air Entraining Admixture Air-entraining admixtures are used to improve the performance and durability of concrete. Once added, they create uniformly distributed small air bubbles to impart enhanced properties to the fresh and hardened concrete.
Alkyd Alkyds are used in solvent-based paints such as construction and automotive paints, traffic paints, flooring resins, protective coatings for concrete, etc. Alkyd resins are formed by the reaction of an oil (fatty acid), a polyunsaturated alcohol (Polyol), and a polyunsaturated acid or anhydride.
Anchors and Grouts Anchors and grouts are construction chemicals that stabilize and improve the strength and durability of foundations and structures like buildings, bridges, dams, etc.
Cementitious Fixing Cementitious fixing is a process in which a cement-based grout is pumped under pressure to fill forms, voids, and cracks. It can be used in several settings, including bridges, marine applications, dams, and rock anchors.
Commercial Construction Commercial construction comprises new construction of warehouses, malls, shops, offices, hotels, restaurants, cinemas, theatres, etc.
Concrete Admixtures Concrete admixtures comprise water reducers, air entrainers, retarders, accelerators, superplasticizers, etc., added to concrete before or during mixing to modify its properties.
Concrete Protective Coatings To provide specific protection, such as anti-carbonation or chemical resistance, a film-forming protective coat can be applied on the surface. Depending on the applications, different resins like epoxy, polyurethane, and acrylic can be used for concrete protective coatings.
Curing Compounds Curing compounds are used to cure the surface of concrete structures, including columns, beams, slabs, and others. These curing compounds keep the moisture inside the concrete to give maximum strength and durability.
Epoxy Epoxy is known for its strong adhesive qualities, making it a versatile product in many industries. It resists heat and chemical applications, making it an ideal product for anyone needing a stronghold under pressure. It is widely used in adhesives, electrical and electronics, paints, etc.
Fiber Wrapping Systems Fiber Wrapping Systems are a part of construction repair and rehabilitation chemicals. It involves the strengthening of existing structures by wrapping structural members like beams and columns with glass or carbon fiber sheets.
Flooring Resins Flooring resins are synthetic materials applied to floors to enhance their appearance, increase their resistance to wear and tear or provide protection from chemicals, moisture, and stains. Depending on the desired properties and the specific application, flooring resins are available in distinct types, such as epoxy, polyurethane, and acrylic.
High-Range Water Reducer (Super Plasticizer) High-range water reducers are a type of concrete admixture that provides enhanced and improved properties when added to concrete. These are also called superplasticizers and are used to decrease the water-to-cement ratio in concrete.
Hot Melt Adhesives Hot-melt adhesives are thermoplastic bonding materials applied as melts that achieve a solid state and resultant strength on cooling. They are commonly used for packaging, coatings, sanitary products, and tapes.
Industrial and Institutional Construction Industrial and institutional construction includes new construction of hospitals, schools, manufacturing units, energy and power plants, etc.
Infrastructure Construction Infrastructure construction includes new construction of railways, roads, seaways, airports, bridges, highways, etc.
Injection Grouting The process of injecting grout into open joints, cracks, voids, or honeycombs in concrete or masonry structural members is known as injection grouting. It offers several benefits, such as strengthening a structure and preventing water infiltration.
Liquid-Applied Waterproofing Membranes Liquid-Applied membrane is a monolithic, fully bonded, liquid-based coating suitable for many waterproofing applications. The coating cures to form a rubber-like elastomeric waterproof membrane and may be applied over many substrates, including asphalt, bitumen, and concrete.
Micro-concrete Mortars Micro-concrete mortar is made up of cement, water-based resin, additives, mineral pigments, and polymers and can be applied on both horizontal and vertical surfaces. It can be used to refurbish residential complexes, commercial spaces, etc.
Modified Mortars Modified Mortars include Portland cement and sand along with latex/polymer additives. The additives increase adhesion, strength, and shock resistance while also reducing water absorption.
Mold Release Agents Mold release agents are sprayed or coated on the surface of molds to prevent a substrate from bonding to a molding surface. Several types of mold release agents, including silicone, lubricant, wax, fluorocarbons, and others, are used based on the type of substrates, including metals, steel, wood, rubber, plastic, and others.
Polyaspartic Polyaspartic is a subset of polyurea. Polyaspartic floor coatings are typically two-part systems that consist of a resin and a catalyst to ease the curing process. It offers high durability and can withstand harsh environments.
Polyurethane Polyurethane is a plastic material that exists in various forms. It can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications, such as adhesives, coatings, building insulation, etc.
Reactive Adhesives A reactive adhesive is made of monomers that react in the adhesive curing process and do not evaporate from the film during use. Instead, these volatile components become chemically incorporated into the adhesive.
Rebar Protectors In concrete structures, rebar is one of the important components, and its deterioration due to corrosion is a major issue that affects the safety, durability, and life span of buildings and structures. For this reason, rebar protectors are used to protect against degrading effects, especially in infrastructure and industrial construction.
Repair and Rehabilitation Chemicals Repair and Rehabilitation Chemicals include repair mortars, injection grouting materials, fiber wrapping systems, micro-concrete mortars, etc., used to repair and restore existing buildings and structures.
Residential Construction Residential construction involves constructing new houses or spaces like condominiums, villas, and landed homes.
Resin Fixing The process of using resins like epoxy and polyurethane for grouting applications is called resin fixing. Resin fixing offers several advantages, such as high compressive and tensile strength, negligible shrinkage, and greater chemical resistance compared to cementitious fixing.
Retarder Retarders are admixtures used to slow down the setting time of concrete. These are usually added with a dosage rate of around 0.2% -0.6% by weight of cement. These admixtures slow down hydration or lower the rate at which water penetrates the cement particles by making concrete workable for a long time.
Sealants A sealant is a viscous material that has little or no flow qualities, which causes it to remain on surfaces where they are applied. Sealants can also be thinner, enabling penetration to a certain substance through capillary action.
Sheet Waterproofing Membranes Sheet membrane systems are reliable and durable thermoplastic waterproofing solutions that are used for waterproofing applications even in the most demanding below-ground structures, including those exposed to highly aggressive ground conditions and stress.
Shrinkage Reducing Admixture Shrinkage-reducing admixtures are used to reduce concrete shrinkage, whether from drying or self-desiccation.
Silicone Silicone is a polymer that contains silicon combined with carbon, hydrogen, oxygen, and, in some cases, other elements. It is an inert synthetic compound that comes in various forms, such as oil, rubber, and resin. Due to its heat-resistant properties, it finds applications in sealants, adhesives, lubricants, etc.
Solvent-borne Adhesives Solvent-borne adhesives are mixtures of solvents and thermoplastic or slightly cross-linked polymers such as polychloroprene, polyurethane, acrylic, silicone, and natural and synthetic rubbers.
Surface Treatment Chemicals Surface treatment chemicals are chemicals used to treat concrete surfaces, including roofs, vertical surfaces, and others. They act as curing compounds, demolding agents, rust removers, and others. They are cost-effective and can be used on roadways, pavements, parking lots, and others.
Viscosity Modifier Viscosity Modifiers are concrete admixtures used to change various properties of admixtures, including viscosity, workability, cohesiveness, and others. These are usually added with a dosage of around 0.01% to 0.1% by weight of cement.
Water Reducer Water reducers, also called plasticizers, are a type of admixture used to decrease the water-to-cement ratio in the concrete, thereby increasing the durability and strength of concrete. Various water reducers include refined lignosulfonates, gluconates, hydroxycarboxylic acids, sugar acids, and others.
Water-borne Adhesives Water-borne adhesives use water as a carrier or diluting medium to disperse resin. They are set by allowing the water to evaporate or be absorbed by the substrate. These adhesives are compounded with water as a dilutant rather than a volatile organic solvent.
Waterproofing Chemicals Waterproofing chemicals are designed to protect a surface from the perils of leakage. A waterproofing chemical is a protective coating or primer applied to a structure's roof, retaining walls, or basement.
Waterproofing Membranes Waterproofing membranes are liquid-applied or self-adhering layers of water-tight materials that prevent water from penetrating or damaging a structure when applied to roofs, walls, foundations, basements, bathrooms, and other areas exposed to moisture or water.
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  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
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Epoxy Flooring Resins Market Research FAQs

The Global Epoxy Flooring Resins Market size is expected to reach USD 5.12 billion in 2024 and grow at a CAGR of 4.92% to reach USD 6.83 billion by 2030.

In 2024, the Global Epoxy Flooring Resins Market size is expected to reach USD 5.12 billion.

Henkel AG & Co. KGaA, PPG Industries, Inc., RPM International Inc., Sika AG and The Sherwin-Williams Company are the major companies operating in the Global Epoxy Flooring Resins Market.

In the Global Epoxy Flooring Resins Market, the Industrial and Institutional segment accounts for the largest share by end use sector.

In 2024, Asia-Pacific accounts for the largest share by region in the Global Epoxy Flooring Resins Market.

In 2023, the Global Epoxy Flooring Resins Market size was estimated at 5.12 billion. The report covers the Global Epoxy Flooring Resins Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Epoxy Flooring Resins Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Epoxy Flooring Resins Industry Report

Statistics for the 2023 Epoxy Flooring Resins market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Epoxy Flooring Resins analysis includes a market forecast outlook to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Epoxy Flooring Resins Market Report Snapshots

Epoxy Flooring Resins Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

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