Market revenue in 2023 | USD 131.2 million |
Market revenue in 2030 | USD 195.9 million |
Growth rate | 5.9% (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 45.05% in 2023. Horizon Databook has segmented the Italy resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
According to the European Commission, Italy’s GDP witnessed a growth of 0.7% in 2023 and the GDP is anticipated to grow by 0.9% and 1.2% in 2024 and 2025, respectively. This growth is attributed to the Recovery and Resilience Facility (RRF)-funded investments.
Furthermore, according to Associazione Nazionale Costruttori Edili (ANCE), an Italian construction association, construction investment reported a 17.6% growth in 2022 as compared to 2021, reaching USD 176.51 billion investment in the construction sector.
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