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The concrete floor paint market involves purchasing and selling durable flooring covering solutions made of paint specially designed for concrete. These have wide applications in the residential and commercial sectors for constructing and refurbishing existing properties and major infrastructure projects such as bridges, buildings, etc. Advancements and scaling of paint formulations with added properties, including chemical resistance and improved durability. These advances, coupled with a growing number of construction and infrastructure development undertakings, especially in emerging economies, are driving growth in the sector.
Despite market expansion, the high cost of production of these paints and competition from other floor coverings, such as tiles and laminates, are restricting growth in the market. However, future opportunities for growth include the booming e-commerce sector, where the construction of new warehouses and massive storage spaces will sustain future growth in the concrete floor paint market.
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Stats ID: | 6305 |
Format: | Databook |
Published: | November 2024 |
Delivery: | Immediate |
Stats ID: | 6305 |
Format: | Databook |
Published: | November 2024 |
Delivery: | Immediate |
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