Albany, NY -- (SBWIRE) -- 01/02/2018 -- Concrete floor coating is the covering applied to cured concrete in order to make the surface last longer. These coatings offer corrosion resistance property. Advantages of using concrete floor coatings include esthetic look, durability, ease of maintenance, ability to be customized, long term cost savings, health benefits and low installation cost. Increase in the number of construction projects and rise in demand for green technology are expected to fuel the market for concrete floor coatings. In terms of application, the concrete floor market in Canada has been segmented into indoor and outdoor. Indoor applications include residential, commercial, institutional, and office buildings. Outdoor applications comprise walkways, garages, patios, sport complexes, terraces, and driveways. Indoor applications are estimated to offer attractive growth potential compared to the outdoor applications.
The report estimates and forecasts the Canadian concrete floor coatings market on the provincial level. The study provides forecast between 2017 and 2025 based on volume (Tons) and revenue (US$ Mn) with 2016 as the base year. The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage.
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The study includes drivers and restraints for the concrete floor coatings market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the concrete floor coatings market. The report analyzes opportunities in the concrete floor coatings market on the provincial level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes average price trend analysis of concrete floor coatings
The report includes Porter's Five Forces Model to determine the degree of competition in the concrete floor coatings market. The report comprises a qualitative write-up on market attractiveness analysis, wherein application and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for concrete floor coatings between 2017 and 2025.
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The report covers detailed competitive outlook that includes market share and profiles of key players operating in the Canada market. Key players profiled in the report include The Sherwin Williams Company, PPG Industries Inc, BASF SE, RPM International, Inc and Sika AG .Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
Canada Concrete Floor Coatings Market: Research Methodology
Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players' product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team's expertise and market understanding.
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