Market revenue in 2023 | USD 1,019.8 million |
Market revenue in 2030 | USD 1,648.2 million |
Growth rate | 7.1% (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 42.85% in 2023. Horizon Databook has segmented the U.S. 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 2023. The country is witnessing increased investments in the construction industry. According to the U.S. Census Bureau, the construction of new homes increased by 9.8% in February 2023 compared to January 2023.
Single-family housing also witnessed an uptrend of 1.1% in February 2023 compared to January 2023. Notably, the Northeastern and Western parts of the U.S. saw a surge in the construction of single-family houses.
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