UK Resinous Flooring Market Size & Outlook, 2023-2030
UK resinous flooring market, 2018-2030 (US$M)
Related Markets
UK resinous flooring market highlights
- The UK resinous flooring market generated a revenue of USD 131.6 million in 2023 and is expected to reach USD 192.8 million by 2030.
- The UK market is expected to grow at a CAGR of 5.6% 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 131.6 million |
| Market revenue in 2030 | USD 192.8 million |
| Growth rate | 5.6% (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, UK accounted for 2.6% 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 Europe, Germany resinous flooring market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 195.9 million by 2030.
Epoxy was the largest segment with a revenue share of 43.92% in 2023. Horizon Databook has segmented the UK resinous flooring market based on epoxy, polymethyl methacrylate, polyurethane covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for resinous flooring in the UK is expected to grow at a significant rate over the forecast period. The UK government has established various energy-efficiency legislations and initiatives, such as Energy Company Obligation (ECO), to reduce overall carbon emissions and energy consumption.
This is expected to increase the adoption of bio-based epoxy resin flooring. The production process of bio based epoxy resin flooring emits low carbon emissions, and it can be recycled at the end of its life cycle, thereby reducing negative environmental impact.
The Construction Products Association (CPA) in the UK estimates that the construction output of the UK will contract by 0.3% in 2024, owing to the rising real estate interest rates and growing inflation. The CPA also predicts that interest and mortgage rates.
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Resinous Flooring Market Scope
Resinous Flooring Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK resinous flooring market size, by resin type, 2018-2030 (US$M)
UK Resinous Flooring Market Share, 2023 & 2030 (US$M)
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