Concrete Floor Coatings Market to Witness Comprehensive Growth by 2020
With a large pool of players, the global concrete floor coatings market displays the characteristics of having a fragmented competitive landscape, states a new research report by Transparency Market Research (TMR). The leading participants, such as BASF SE, Royal DSM, DAW SE, Nippon Paint Co., and Behr Process Corp., are getting more and more involved into long-term trading contract with end users, specifically construction applications, in an effort to gain a strong foothold and expand across the market’s ecosystem. Over the forth coming years, market leaders are anticipated to raise their capital investments, emphasizing on increasing research activities and enhancing product quality in order to meet the requirements of consumers, notes the research study. As per TMR’s estimations, the global market for concrete floor coatings will progress at a CAGR of 6.80% over the period from 2014 to 2020, increasing from a value of US$0.7 bn in 2013 to US$1.1 bn by th...