PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258120
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258120
Global Parking Deck Coatings Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The parking deck coatings help shield the concrete from carbonation and chloride assault while also providing visual appeal and easy cleaning. The integrity of the coated concrete surface as well as preventing water from filtering to levels below are the primary objectives of these parking deck coatings. The rise in the use of coatings in commercial, industrial, and residential applications, coupled with the increasing government initiatives that are bolstering the market demand across the globe.
The exponential growth of the construction industry is propelling the demand for parking deck coatings, which, in turn, augments the market growth in the global market. According to Statista, in 2021, the global construction market was estimated to be worth around USD 7.3 trillion, which is projected to grow and reach nearly USD 14.4 trillion by 2030. Thereby, the growth of the construction industry is propelling market expansion at a substantial rate. Moreover, growing investment in infrastructural development, as well as rapid industrialization are presenting various lucrative opportunities over the forecasting years. However, the lack of awareness regarding the benefits offered by these coatings and strict regulations regarding toxic solvents are hindering the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Parking Deck Coatings Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to rapid industrialization, along with the increase in the consumption of parking deck coatings in various applications. Whereas, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as the imposition of strict regulations imposed by governments to avoid accidents, as well as surge in the number of commercial constructions in the market space.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable