Brazil Resinous Flooring Market Size & Outlook, 2023-2030
Brazil resinous flooring market, 2018-2030 (US$M)
Related Markets
Brazil resinous flooring market highlights
- The Brazil resinous flooring market generated a revenue of USD 89.0 million in 2023 and is expected to reach USD 134.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, epoxy was the largest revenue generating resin type in 2023.
- Epoxy is the most lucrative resin type segment registering the fastest growth during the forecast period.
Resinous flooring market data book summary
| Market revenue in 2023 | USD 89.0 million |
| Market revenue in 2030 | USD 134.8 million |
| Growth rate | 6.1% (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 |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global resinous flooring market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil resinous flooring market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 134.8 million by 2030.
Epoxy was the largest segment with a revenue share of 43.26% in 2023. Horizon Databook has segmented the Brazil resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The growing economy is expected to further boost the construction industry in Brazil during the forecast period owing to the ongoing urbanization and increasing spending capacity of consumers of consumers in the country.
Thus, the growth of the construction industry in Brazil is expected to augment the demand for resinous flooring in the country in the coming years. The growth of the construction industry in Brazil has been stagnant over the past few years owing to the restricted credit supply.
Economic recession, and reduced residential and non-residential building developments. However, the insufficiency of the existing infrastructure of the country is projected to result in less competitive resinous flooring market.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil resinous flooring market size, by resin type, 2018-2030 (US$M)
Brazil Resinous Flooring Market Share, 2023 & 2030 (US$M)
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