Market revenue in 2023 | USD 62.2 million |
Market revenue in 2030 | USD 90.6 million |
Growth rate | 5.5% (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 45.5% in 2023. Horizon Databook has segmented the Spain resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The Spain resinous flooring market is expected to witness considerable growth in the coming years, owing to the substantial surge in residential construction activities, driven by long-term investments in the construction sector.
The rebound of the construction sector in the country, owing to the economic recovery and increased foreign investments, following years of severe recession, is anticipated to boost construction activities in Spain.
According to Eurostat, the statistical office of the European Union, production in the construction industry (seasonally adjusted) grew by 5.6% in December 2023 when compared to December 2022. Additionally, compared to November 2023.
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