India Resinous Flooring Market Size & Outlook, 2023-2030
India resinous flooring market, 2018-2030 (US$M)
Related Markets
India resinous flooring market highlights
- The India resinous flooring market generated a revenue of USD 123.6 million in 2023 and is expected to reach USD 201.6 million by 2030.
- The India market is expected to grow at a CAGR of 7.2% 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 123.6 million |
| Market revenue in 2030 | USD 201.6 million |
| Growth rate | 7.2% (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, India accounted for 2.4% 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 Asia Pacific, China resinous flooring market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 201.6 million by 2030.
Epoxy was the largest segment with a revenue share of 44.74% in 2023. Horizon Databook has segmented the India resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
This has led to massive investments in new infrastructure projects like bridges, tunnels, highways, airports, and industrial facilities. The ongoing projects, such as the Mumbai Trans Harbor Link, the Navi Mumbai International Airport.
The Noida International Airport, and the construction of Dholera Smart City, are expected to boost product demand. The state governments in the country are also investing in the construction of industrial parks.
For instance, in July 2021, the Tamil Nadu government signed an agreement with ESR India for the construction of two industrial parks worth an investment of INR 550 crore.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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India resinous flooring market size, by resin type, 2018-2030 (US$M)
India Resinous Flooring Market Share, 2023 & 2030 (US$M)
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