North America Resinous Flooring Market Size & Outlook
North America resinous flooring market, 2018-2030 (US$M)
Related Markets
North America resinous flooring market highlights
- The North America resinous flooring market generated a revenue of USD 1,215.8 million in 2023.
- The market is expected to grow at a CAGR of 7% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,215.8 million |
| Market revenue in 2030 | USD 1,952.5 million |
| Growth rate | 7% (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, North America region accounted for 23.8% 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 42.79% in 2023. Horizon Databook has segmented the North America resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the resinous flooring market in North America in terms of consumption in 2023, owing to the increased demand from the residential sector, development of the manufacturing industry, and government initiatives to develop public infrastructure.
Additionally, the rising awareness regarding the benefits of insulating building structures is expected to benefit the market growth over the coming years. The North American economy is characterized by diversity, owing to the presence of major developed economies.
Therefore, the increased rate of international and domestic migration in the region is expected to boost the demand for housing, thereby propelling residential construction. The market is also expected to witness moderate growth in institutional construction activities over the forecast period.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America resinous flooring market size, by country, 2018-2030 (US$M)
North America Resinous Flooring Market Share, 2023 & 2030 (US$M)
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