Australia Resinous Flooring Market Size, Share, and COVID-19 Impact Analysis, By Resin Type (Epoxy, Polymethyl Methacrylate, Polyurethane, and Others), By End User (Residential and Non-Residential), and Australia Resinous Flooring Market Insights, Industry Trend, Forecasts to 2033

Australia Resinous Flooring Market Insights Forecasts to 2033

• The Australia Resinous Flooring Market Size was valued at USD 45.98 Million in 2023.
• The Australia Resinous Flooring Market Size is Growing at a CAGR of 6.27% from 2023 to 2033
• The Australia Resinous Flooring Market Size is Expected to Reach USD 84.50 Million by 2033

The Australia Resinous Flooring Market is Anticipated to exceed USD 84.50 Million by 2033, growing at a CAGR of 6.27% from 2023 to 2033. The primary factor anticipated to drive the growth of the resinous flooring market is the rise in demand for attractive and durable flooring options for commercial and industrial settings.   

Market Overview

High-performance, long-lasting flooring solutions made of resin-based materials including epoxy, polyurethane, and polymethyl methacrylate are the focus of the Australia resinous flooring market. These flooring solutions are perfect for commercial, residential, and industrial settings due to their exceptional resilience to moisture, abrasion, and chemicals. Sustainability trends and legal requirements encouraging low-emission and environmentally friendly flooring options further assist market expansion. The need for resinous flooring is rising as a result of hospitals, food processing facilities, and manufacturing facilities placing more emphasis on sanitary and non-slip surfaces. The growing need for very resilient and visually pleasing flooring made from resins like epoxy, polyurethane, and polymethyl methacrylate is one of the primary factors driving the Australia resinous flooring market. Growing building activity, the need for durable and visually pleasing flooring, and developments in resin technology are the main factors propelling the Australia resinous flooring market. 

Report Coverage

This research report categorizes the market for the Australia resinous flooring market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia resinous flooring market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia resinous flooring market.

Driving Factors

The need for long-lasting and visually appealing flooring solutions is rising in the construction sector, which is driving the growth of the Australia resinous flooring market. The increasing demand for very resilient and visually pleasing flooring made from resins, including epoxy, polyurethane, and polymethyl methacrylate is responsible for the resinous flooring market. Additionally, the growing population and rising per capita income of the masses are driving global building activity, which in turn is driving up demand for products worldwide. The Australia resinous flooring market is expanding due in large part to continued product innovation and technological developments.   

Restraining Factors

Epoxy resin has the potential to contaminate waterbodies by leaking compounds like bisphenol A into groundwater. It is anticipated that the increased pollution rates brought on by epoxy resins could restrict the Australia resinous flooring market.

Market Segmentation

The Australia resinous flooring market share is classified into resin type and end user.   

• The epoxy segment accounted for the largest share of the Australia resinous flooring market in 2023 and is anticipated to grow at a significant CAGR during the forecast period

On the basis of resin type, the Australia resinous flooring market is divided into epoxy, polymethyl methacrylate, polyurethane, and others. Among these, the epoxy segment accounted for the largest share of the Australia resinous flooring market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Epoxy resin and a hardening agent are combined to create epoxy resinous flooring, due to its qualities, which include longevity, chemical resistance, and ease of cleaning. It may be used in a variety of commercial, residential, and industrial settings.

• The non-residential segment accounted for the largest share of the Australia resinous flooring market in 2023 and is anticipated to grow at a rapid pace during the projected period.          

On the basis of end user, the Australia resinous flooring market is divided into residential and non-residential. Among these, the non-residential segment accounted for the largest share of the Australia resinous flooring market in 2023 and is anticipated to grow at a rapid pace during the projected period. Commercial structures, including offices, convenience stores, shopping centers, and retail establishments are examples of non-residential areas. The heavy foot activity in these areas necessitates resinous flooring, which is constructed of epoxy, polymethyl methacrylate, and polyurethane due to its minimal maintenance and durability.

Competitive Analysis:  

The report offers the appropriate analysis of the key organizations/companies involved within the Australia resinous flooring market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• RPM International Inc
• Tri Polarcon
• Sika AG
• ArmorPoxy
• Resdev
• Jemkon
• Flowcrete Group
• RCR Industrial Flooring
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Australia, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Australia resinous flooring market based on the below-mentioned segments:

Australia Resinous Flooring Market, By Resin Type  

• Epoxy
• Polymethyl Methacrylate
• Polyurethane
• Others

Australia Resinous Flooring Market, By End User  

• Residential
• Non-residential