Canada Resinous Flooring Market Size & Outlook, 2023-2030
Canada resinous flooring market, 2018-2030 (US$M)
Related Markets
Canada resinous flooring market highlights
- The Canada resinous flooring market generated a revenue of USD 108.1 million in 2023 and is expected to reach USD 166.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.4% 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 108.1 million |
| Market revenue in 2030 | USD 166.5 million |
| Growth rate | 6.4% (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, Canada accounted for 2.1% 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 North America, U.S. resinous flooring market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,648.2 million by 2030.
Epoxy was the largest segment with a revenue share of 42.18% in 2023. Horizon Databook has segmented the Canada resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The resinous flooring market in Canada is expected to witness substantial growth, owing to the growing construction industry in the country. This is attributed to the increasing population, urbanization, and high rate of migration.
This growing trend is anticipated to significantly boost residential construction activities in Canada in the coming years. The country is also expected to witness strong growth in the demand for multi-family housing units, augmenting the consumption of resinous flooring over the forecast period.
The efforts and investments by the government to provide affordable housing to lower-income groups through the Canada Mortgage and Housing Corporation (CMHC) and the Affordable Housing Initiative (AHI) are anticipated to further contribute to residential construction activities in the country.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada resinous flooring market size, by resin type, 2018-2030 (US$M)
Canada Resinous Flooring Market Share, 2023 & 2030 (US$M)
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