Parking Deck Coatings Market to Grow with a CAGR of 5.21% through 2028
Urbanization Boom and rising automotive ownership are
factors driving the Global Parking Deck Coatings market in the forecast period
2024-2028.
According to TechSci Research report, “Parking Deck
Coatings Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Parking Deck Coatings
Market stood at USD 225.72 million in 2022 and is anticipated to grow with a
CAGR of 5.21% in the forecast period, 2024-2028. Global Parking Deck Coatings
Market is experiencing a surge in demand driven by the escalating need for
durable and sustainable solutions in the construction and infrastructure
sectors. As urbanization accelerates, the importance of efficient parking structures
becomes paramount, and with it, the significance of high-quality coatings that
protect and enhance these structures. The
market for parking deck coatings encompasses a wide range of products designed
to safeguard parking structures from the harsh effects of weather, vehicular
traffic, and environmental factors. These coatings not only serve a protective
function but also contribute to the aesthetics and longevity of parking
facilities. Global Parking Deck Coatings
Market is in the fast lane, driven by urbanization, infrastructure development,
and technological advancements. As the industry evolves, companies are not only
focusing on protective coatings but also on solutions that meet sustainability
goals. With ongoing collaborations and strategic acquisitions, the future of
parking deck coatings holds the promise of not just protecting structures but
also transforming them into sustainable, aesthetically pleasing assets in our
urban landscapes.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Parking Deck Coatings Market”
The Global Parking Deck Coatings Market is segmented
into product, technology, regional distribution, and company. Polyurethane coatings have gained prominence for their
versatility and exceptional protective qualities. Known for their resistance to
UV rays, chemicals, and abrasion, Polyurethane coatings provide a robust shield
against environmental factors. Their flexibility allows for thermal expansion
and contraction, making them ideal for parking decks subjected to temperature
variations.
Epoxy coatings are celebrated for their strong
adhesion and durability. These coatings create a seamless and hard-wearing
surface, offering resistance to heavy traffic, chemicals, and abrasion. Epoxy
coatings also provide an attractive finish, making them a popular choice for
both protection and aesthetics in parking structures.
Polyaspartic coatings are recognized for their rapid
curing time and high chemical resistance. Their quick application and fast
curing make them suitable for projects with tight timelines. Polyaspartic
coatings are particularly effective in environments where exposure to chemicals
and harsh weather is a concern.
Methyl Methacrylate coatings combine speed and
durability. These coatings cure rapidly, allowing for quicker project
completion. MMA coatings are known for their high impact resistance and
flexibility, making them suitable for parking decks subject to heavy traffic
and potential structural movement.
Single-Component coatings, often referred to as
one-part coatings, are premixed formulations ready for use without the need for
additional components. These coatings simplify the application process, making
them user-friendly and time-efficient. While they are known for their
convenience, they may have limitations in terms of flexibility and
customization compared to multi-component systems.
Double-Component coatings, also known as two-part
coatings, involve the mixing of two components just before application. This
process allows for a broader range of formulations, offering enhanced
performance characteristics. Double-Component coatings are prized for their
versatility, catering to various project requirements and environmental
conditions.
Asia Pacific stands at the forefront of the parking
deck coatings market, propelled by rapid urbanization and burgeoning
infrastructure projects. As cities expand, the need for efficient parking
structures becomes paramount. Countries like China and India are witnessing
unprecedented growth in vehicle ownership, leading to a surge in the
construction of parking facilities. The region's robust construction industry,
coupled with a focus on sustainability, is driving the demand for
high-performance coatings that protect and enhance these structures.
Europe, with its strong emphasis on sustainability and
stringent environmental standards, is a key driver in shaping the parking deck
coatings market. European countries are investing heavily in green construction
practices, demanding coatings that not only provide protection but also align
with eco-friendly initiatives. The region's commitment to reducing carbon
footprints and adherence to strict regulatory frameworks is steering the
industry towards the development of coatings that meet the highest environmental
and performance standards.
In North America, innovation and infrastructure
investment are catalysts for the thriving parking deck coatings market. The
United States and Canada are witnessing a surge in urban redevelopment
projects, driving the construction of modern parking structures. The demand for
coatings that offer both durability and aesthetic appeal is on the rise, and
companies in North America are at the forefront of developing cutting-edge
formulations and application technologies to meet these evolving needs.
Major companies operating in Global Parking Deck
Coatings Market are:
- Tennant Coatings
- Laticrete International Inc
- Duraflex Inc
- Sika AG
- Tremco Incorporated
- Prime Resins Inc.
- PPG Industries Inc
- Epmar Corporation
- Westcoat Speciality Coating Systems
- Stonhard Inc
Download Free Sample Report
Customers can also request for 10%
free customization on this report
“From technological breakthroughs to sustainability
initiatives and strategic collaborations, these advancements are not only
addressing current challenges but also shaping the future landscape of parking
structure protection. As the industry continues to evolve, the focus on
innovation, sustainability, and global expansion is positioning parking deck
coatings as a crucial element in the creation of resilient and visually
appealing urban spaces.,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“Parking Deck Coatings Market – Global
Industry Size, Share, Trends, Opportunity, & Forecast 2018-2028 Segmented
By Product (Polyurethane, Epoxy, Polyaspartics, Methyl Methacrylate, Acrylic,
Others), By Technology (Single-Component, Double-Component, Triple-Component,
Others), By Region, Competition”, has evaluated the future growth potential of Global
Parking Deck Coatings Market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Parking
Deck Coatings Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com