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 Benzaldehyde Derivatives Market: Surge in Demand to Stem from Pharma Industry, predicts TMR

The top three manufacturers of   benzaldehyde derivatives   in 2015 were Emerald Performance Chemicals, Gujarat Alkalies and Chemicals Ltd., and Haihang Industry Co., Ltd. Their collective share of 51.3% in the market’s revenue for 2015 pointed to a moderately consolidated competitive landscape despite the presence of a massive number of local manufacturers. The key players in the market are showing strong intentions of exploring regions outside their headquarter regions in order to increase demand scale. As stated in a publication on the global benzaldehyde derivatives market by Transparency Market Research, the degree of competition within the market is expected to remain moderately concentrated in key regions over the coming years. A lot of the key names in the market are already adopting aggressing expansion strategies to generate a greater share in the market. As for the newer players and possible entrants, the global benzaldehyde derivatives market looks to be a promising

Terminal Block Market - Advancements in Various Connection Technologies, Adoption in Telecom Sector, Research By 2024

A terminal block is defined as an electric connector in which the wires are clamped down to the metal part by a screw. It allows more than one circuit to connect to another and often contains two long aluminum or copper strips designed to link different components. These strips create a bus bar for power distribution which is sent to the connected components. Terminal blocks are modular, insulated blocks which unite two or more wires and are usually made of an insulating body and a clamping device to complete the connection. They include a broad range of fixed-mount and pluggable European cage clamps, U.S.-style screw clamps, spring clamp-style wire-to-board and wire-to-wire blocks, and related headers. Browse Market Research Report @   http://www.transparencymarketresearch.com/terminal-block-market.html The global terminal block market can be segmented on the basis of type, application, and geography. In terms of type, the market is divided into the following categories: b

Thermoplastic Polyamide Elastomers Market Size, Share, Growth, Trends, and Forecast 2017 - 2025

Thermoplastic Polyamide Elastomers (TPE) comprise a linear chain of rigid polyamide segment interspaced with flexible polyol segment, either polyether or polyester. The rigid structure is based on aromatic or aliphatic polyamides. Thermoplastic polyamide elastomers are high performance TPE block copolymers based on nylon and polyols. Polyester Amide (PEA), Polyether Ester Amide (PEEA), and Polyether Block Amide (PEBA) are few of the variations available in the market.  Polyester amide and polyether ester amide are synthesized from aromatic polyamide. In polyether block amide, the hard segment is derived from aliphatic polyamide. Thermoplastic polyamide elastomers are characterized with excellent toughness and flexibility at low temperature, high dimensional stability, good chemical resistance, elastic recovery, and excellent dynamic properties. Polyester amide, a type of thermoplastic polyamide, is widely used in applications wherein other thermoplastic elastomers fail to perform,