Parking Deck Coatings Market size is expected to grow at a compound annual growth rate of 6.10% for the forecast period of 2021 to 2028. Data Bridge Market Research report on parking deck coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The parking deck coatings not only provide aesthetics and clean-ability but also help to protect the concrete from carbonation and chloride attack. The main purpose of these parking deck coating is to protect the integrity of the coated concrete surface and also to stop water from filtering to levels below.
The rise in demand for parking structure is expected to influence the growth of the parking deck coatings market. In line with this, the rise in the demand for tile flooring in residential and commercial applications owing to its benefits such as water, stain, odor and bacterial resistance along with the constant research and developments in urethane-based products to expand the application scope are also anticipated to act as key determinants favoring the growth of the parking deck coatings market over the forecast period of 2021 to 2028. Also the, rapid rise in the construction industry and increase in the use of coatings in commercial, industrial and residential applications are also expected to positively impact the growth of the parking deck coatings market. The major factor accountable for the growth of the parking deck coatings market is the increase in the use of environment friendly and energy saving products.
However, the strict regulations regarding toxic solvents and lack of awareness regarding the benefits offered by these coatings are likely to act as key restraints towards parking deck coatings market growth rate in the forecast period of 2021 to 2028, whereas the limitation of the epoxy resin can challenge the growth of the parking deck coatings market in the above mentioned forecast period.
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Furthermore, the rapid industrialization and encouraged governments of various countries to enhance their construction spending to expand and accelerate infrastructural development are expected to offer a variety of growth opportunities for the parking deck coatings market in the above mentioned forecast period.
This parking deck coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on parking deck coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Parking Deck Coatings Market Scope and Market Size
Parking deck coatings market is segmented on the basis of type, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the parking deck coatings market is segmented into polyurethane, epoxy, acrylic, polyaspartics, methyl methacrylate and others.
Based on technology, the parking deck coatings market is segmented into single-component, double-component and triple-component.
The application segment for parking deck coatings market is segmented into heavy-duty parking decks, pedestrian and light-wheeled traffic area and others.
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Competitive Landscape and Parking Deck Coatings Market Share Analysis
Parking deck coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to parking deck coatings market.
The major players covered in the parking deck coatings market report areSika AG,Tremco Incorporated,BASF SE,MAPEI Inc.,STONHARD,Tennant Coatings, LATICRETE International, Inc.,Dur-A-Flex, Inc.,RPM International Inc.,TMI Coatings, Inc., Akzo Nobel N.V., ArmorPoxy, The Sherwin-Williams Company, Jotun, PPG Industries, Inc., StoCretec GmbH, Teknos Group, Kansai Nerolac Paints Limited, MARIS POLYMERS S.M.S.A., andCipy Polyurethanes Pvt. Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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