Market revenue in 2023 | USD 28.7 million |
Market revenue in 2030 | USD 42.5 million |
Growth rate | 5.8% (CAGR from 2023 to 2030) |
Largest segment | Epoxy |
Fastest growing segment | Epoxy |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Epoxy, Polymethyl Methacrylate, Polyurethane |
Key market players worldwide | RPM International Inc, Tri Polarcon, ArmorPoxy, Sika AG, Resdev, RCR Industrial Flooring, Jemkon, Flowcrete Group |
Epoxy was the largest segment with a revenue share of 44.25% in 2023. Horizon Databook has segmented the Argentina resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Argentina is witnessing significant growth owing to the execution of major construction projects in the country. According to UN, population of Argentina is also expected to reach by 2050 owing to the improving standard of living of the masses in the country that has resulted in increased life expectancy.
This surge in the population of Argentina is expected to contribute to the rise in construction activities in the country. Therefore, the flourishing construction industry in Argentina is anticipated to fuel the demand for resinous flooring in the country in the coming years.
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