Cementitious Flooring Market is expected to Grow with a CAGR of 5.98% through 2030
The
growing construction and renovation activities, coupled with increased demand
for durable and sustainable flooring solutions, are key market drivers for the Cementitious
Flooring Market.
According
to TechSci Research report, “Cementitious Flooring Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Cementitious Flooring Market was valued at USD 1.23 billion in 2024 and is expected to reach USD 1.76 billion by 2030 with a CAGR of 5.98% during the forecast period. Durability and ease of maintenance are becoming crucial factors influencing the choice of flooring materials in both commercial and industrial applications. Cementitious flooring is gaining traction due to its robust performance in high-traffic environments, resistance to chemicals, and ability to withstand extreme temperatures and heavy loads. These qualities make it an ideal solution for sectors such as healthcare, education, manufacturing, and logistics, where long-lasting and low-maintenance flooring is essential. Furthermore, the growing adoption of self-leveling cementitious compounds has enhanced the installation process, reducing downtime and ensuring smooth, seamless finishes. The incorporation of antimicrobial additives and anti-slip properties into cementitious flooring systems has further boosted their appeal, particularly in industries with strict hygiene and safety requirements. This trend is underpinned by the increasing focus on lifecycle cost savings, as businesses seek flooring solutions that minimize repair and replacement expenses over time. With ongoing innovations aimed at enhancing the durability and functionality of cementitious flooring, this market segment is expected to witness sustained growth.
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the "Global Cementitious Flooring Market.”
Based on the End-User,
Residential segment held the largest Market share in 2024. The Cementitious
Flooring Market in the residential segment is driven by several key factors.
Increasing urbanization and population growth are pushing the demand for
residential construction, leading to a rise in the need for durable and
aesthetically pleasing flooring options. Cementitious flooring, known for its
durability, low maintenance, and versatility in design, is becoming a preferred
choice among homeowners and builders. It offers a seamless, smooth surface that
can be customized with various textures, colors, and patterns to suit different
interior styles. The growing trend towards eco-friendly and sustainable
building materials is also contributing to the adoption of cementitious
flooring, as it is made from natural raw materials, requires minimal
processing, and can be recycled or reused. Additionally, the ease of
installation and cost-effectiveness of cementitious flooring make it an
attractive option for residential projects. As construction technologies
advance, cementitious flooring solutions have improved in terms of performance
and aesthetics, making them suitable for both new constructions and
renovations. The expansion of real estate markets in emerging economies,
coupled with a rise in disposable incomes, is further boosting the demand for
high-quality residential flooring solutions. These factors combined are
creating a favorable market environment for cementitious flooring in the
residential segment, positioning it as a key player in the industry.
Based on
region, The Asia Pacific region is poised to be the fastest-growing segment in
the Cementitious Flooring Market due to rapid urbanization, increased
construction activities, and rising disposable incomes in emerging economies
such as China and India. The growing demand for durable, low-maintenance, and
aesthetically pleasing flooring solutions, coupled with favorable government
regulations supporting sustainable building practices, is driving market
expansion. Additionally, the expanding commercial, residential, and industrial
sectors in the region are fueling demand for cementitious flooring, positioning
Asia Pacific as a key growth driver in the global market.
Major
companies operating in the Global Cementitious Flooring Market are:
- The
Sherwin-Williams Company
- North
American Coating Solutions
- BASF
SE
- Vanguard
Concrete Coating
- Minnesota
Corporation
- Jotun
A/S
- Axalta
Coating Systems, LLC
- Elite
Crete Systems
- RPM
International Inc.,
- Behr
Process LLC
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“The
Global Cementitious Flooring Market is expected to rise in the upcoming years
and register a significant CAGR during the forecast period. The Cementitious
Flooring Market offers significant growth potential as demand for sustainable
and high-performance flooring solutions continues to increase. The emphasis on
eco-friendly construction practices and the need for low-maintenance,
cost-effective flooring systems are key drivers of market expansion.
Innovations in cementitious materials, including self-leveling and decorative
finishes, provide avenues for product development and customization. Moreover,
the expansion of construction activities in emerging markets and the trend
towards urbanization create additional opportunities for growth, particularly across
residential, commercial, and industrial sectors. Therefore, the Market of
Cementitious Flooring is expected to boost in the upcoming years.,” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Cementitious
Flooring Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented, By Application (Surface Treatment, Underlayment Floor
Screeds & Leveling Compounds, Overlayment Industrial Screeds & Leveling
Compounds, Terrazzo Cementitious Binders, and Site Mixed Screed Binder &
Admixtures), By End-User (Residential, and Non-residential), By Region, By
Competition, 2020-2030F”,
has evaluated the future growth potential of Global Cementitious Flooring
Market and provides statistics & information on the Market size, structure,
and future Market growth. The report intends to provide cutting-edge Market
intelligence and help decision-makers make sound investment decisions., The
report also identifies and analyzes the emerging trends along with essential
drivers, challenges, and opportunities in the Global Cementitious Flooring
Market.
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