Middle East & Africa Resinous Flooring Market Size & Outlook
Middle East & Africa resinous flooring market, 2018-2030 (US$M)
Related Markets
MEA resinous flooring market highlights
- The MEA resinous flooring market generated a revenue of USD 382.4 million in 2023.
- The 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 382.4 million |
| Market revenue in 2030 | USD 590.3 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Epoxy |
| Fastest growing segment | Epoxy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 7.5% of the global resinous flooring market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,952.5 million by 2030.
Epoxy was the largest segment with a revenue share of 40.74% in 2023. Horizon Databook has segmented the Middle East & Africa resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The countries in the Middle East & Africa are focusing on their industrialization, as well as on the diversification of their economies to reduce their reliance on the oil & gas industry. This is expected to lead to the growth of the construction industry in the region during the forecast period.
Ongoing urbanization and improving standard of living of the masses owing to their increasing per capita income are further expected to surge the commercial and residential construction activities in the Middle East & Africa in the coming years.
The glossy finish of resinous flooring enhances their light reflection, thereby reducing the requirement for additional artificial lighting in the any commercial space. Hence, the rising demand for energy efficient green buildings in Middle East & Africa to improve workplace health.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA resinous flooring market size, by country, 2018-2030 (US$M)
Middle East & Africa Resinous Flooring Market Share, 2023 & 2030 (US$M)
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