The Performance Flooring Market is segmented by Material Type (Epoxy, PU Resin, PU Cement, MMA, and Others), Application Type (Food & Beverage, Healthcare, Industrial Manufacturing, Automotive Manufacturing, and Others), End-User Type (Industrial and Residential & Commercial), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Austria, Italy, Spain, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).

Key Players

The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the performance flooring market:

  • Sika AG
  • Covestro Group
  • The Sherwin-Williams Company
  • BASF SE
  • PPG Industries, Inc.
  • Jotun
  • RPM International Inc.
  • Ardex group

Regional Analysis

Europe was the dominant market for performance flooring in 2022, with countries such as Germany, France, and the UK, being the growth engines of the regional market. In Europe, several rules and regulations have acted as a buoyant force to keep the performance of flooring manufacturing afloat. In addition to that, in order to ensure healthy growth, various firms have teamed up for upcoming construction or flooring programs. Asia-Pacific is likely to witness the fastest growth during the forecast period, due to the growing demand in the economies like China, Japan, and India. There are several domestic companies for performance flooring scattered in the region. 

COVID-19 Impact

This market, which has a strong alignment with the growth of the construction sector, has suffered setbacks in the wake of the COVID-19 pandemic. As a result, the performance flooring market declined by -4.3% in 2020. The market experienced a rebound at a growth rate of 32.6% in 2021, supported by the industry's growth and a sudden rise in the price of materials. Overall, the performance flooring market is likely to experience a promising CAGR of 4.6%, in the long run, to reach a value of US$ 7.8 billion in 2028.

Critical Questions Answered in the Report

  • What are the key trends in the market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
  • What is the impact of COVID-19 on the market?
  • What are the key strategies adopted by the major vendors to lead in the market?
  • What is the market share of the top vendors?

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

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