Floor Care Polymers Market Will Generate New Growth Opportunities in Upcoming Year 2027

The global "Floor Care Polymers Market" was valued at US$ 2,991.95 million in 2019 and is projected to reach US$ 4,572.78 million by 2027; it is expected to grow at a CAGR of 5.6% from 2020 to 2027.

Floor care polymers such as polyurethane, acrylic, biopolymer, and acrylonitrile are polymers that provide a variety of performances such as high gloss, water and UV resistance to protect the floor from damages and to make it look more attractive. These polymers also help in wetting andleveling of floors, provide buff ability and recoat ability. They are developed with technical properties such as detergent and water resistance, traffic and scuff resistance, slip resistance and long-term stability. The floor care polymers are resilient and seals the floor, and brings in safety and beauty in well-trafficked areas as well.

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Companies Profiled in this report includes:

• Cargill Incorporated
• Arkema Group
• Dow Chemical Company
• Essential Industries, Inc.
• Zschimmer & Schwarz
• Mitsui Chemicals Inc.
• OMNOVA Solutions Inc.
• Buckeye International, Inc.
• Stahl Holdings B.V.
• Polymer International Holdings PTE Ltd.

acrylonitrile, biopolymer, and others. The acrylic segment accounted for the largest share of the global market in 2019; whereas, the biopolymer segment is expected to grow at the highest CAGR during the forecast period. Acrylic refers to a transparent thermoplastic polymer and is commonly known as plexiglass. Acrylic is similar to polycarbonate and is suitable to use as an impact resistance alternative to glass. It is considered to be one of the cleanest polymers in the market. Acrylic is used in areas with high humidity and mechanical stress. It is used mainly in dining rooms, shopping centers, halls of light industry due to its glassy texture. It is demanded for flooring in sites where a non-slip, strong, and textured surface is required such as in laboratories, footpaths, and subway platforms. The acrylic polymer has long elastic retention capacity and can withstand external loads and helps providing water proof floors.

Acrylic polymers used in cement flooring are characterized with high tensile strength, compressive strength, durability, and the ability to withstand aggressive chemical environments. It is mostly present in packing plant, fish and meat cutting shops, dairies as they require less thickness of floors but are able to tolerate the harsh and heavy burden. Acrylic also finds its application is synthetic coatings that are designed for the installation of tennis and other multi-use game zones. The pigmented and textured making provides an ideal surface for a wide range of sports surfaces or floors. Acrylic polymer is used for varying thickness depending upon the requirements of the floor.

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Floor Care Polymers Market Segmentation:

By Product Type:
• Polyethylene
• Acrylic
• Acrylonitrile
• Biopolymers

By Function:
• Adhesives
• Floor Finish Coatings
• Film Formulations
• Others

By Application:
• Residential
• Commercial
• Industrial

Geographically, the floor care polymersmarket is segmented into North America, Europe, AsiaPacific, South America, and the Middle East and Africa. AsiaPacificheld the largest share ofthe market in 2019, followed by Europe. The floor care polymers market in APAC comprises several developing economies such as China, India, Japan, South Korea, and Australia. These emerging countries are witnessing an upsurge due to growth in urbanization, increasing manufacturing industries coupled with growing industrialization, and the impact of social media, which offers ample opportunities for key market players in the floor care polymers market.

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