Market revenue in 2023 | USD 121.9 million |
Market revenue in 2030 | USD 180.4 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 43.89% in 2023. Horizon Databook has segmented the France resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Hamburg Commercial Bank, the French construction sector exhibited a drop in demand for houses, owing to high prices of construction raw materials and accelerated inflation. The data from the National Institute of Statistics and Economic Studies (INSEE).
Indicates that the construction sector entered a technical recession in the second quarter of 2023, Furthermore, according to the French Construction Association, the construction industry lost around 13,000 jobs in 2023.
The same declining situation continues, it is expected to lose 90,000 jobs by 2024 and 1,50,000 jobs by 2025. However, a gradual reduction in corporate tax, coupled with supporting financing conditions, is projected to boost business investments in France.
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