Europe Floor Care Polymers Market Key Players and Opportunities by 2027
Europe Floor Care Polymers Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Polyethylene, Acrylic, Acrylonitrile, Biopolymer, and Others), Function (Adhesives, Floor Finish Coatings, Film Formulations, and Others), and Application (Residential, Commercial, and Industrial)
- Report Date : Dec 2020
- Report Code : TIPRE00017336
- Category : Chemicals and Materials
- Status : Published
- Available Report Formats :
- No. of Pages : 92
The floor care polymers market in Europe is expected to reach US$ US$ 1,271.23 million by 2027 from US$ 836.55 million in 2019 and is expected to grow at a CAGR of 5.5% from 2020 to 2027.
Europe's market includes Germany, France, Italy, the UK, Russia, and the rest of Europe. Europe has matured the automotive, food service, healthcare, hospitality & entertainment, industrial, construction, aerospace, medical, and consumer electronics sector, and it is further supported by high technology connectivity environment. Along with the advancing technology, the trend of smart offices and homes is boosting the demand for innovative floor care products such as sealers, wax, cleaners, additives, and others. Additionally, the consumers' rising personal disposable income has led to an increasing demand for a more advanced flooring system. These factors boost the floor care polymers market in Europe. Moreover, floor care polymers applications for industrial flooring have further propelled the Europe floor care polymers market growth. This is also projected to provide substantial growth opportunities for floor care polymers companies operating in Europe.In the case of various flooring systems, liquid-polymer components, including a sealer, coating, or mortar, are cured together to form a solid film that repairs, protects, or enhances a concrete substrate surface. The demand for various types of floor care polymers, such as polyethylene, acrylic, acrylonitrile, biopolymer, and other, has increased from the end-use industries within the European region, particularly in Germany, France, and the UK. Steady growth in the construction & architecture, corporate offices, paint & coatings, automotive, electrical & electronics, aerospace & defense, medical, transportation, and others industry has had a significant influence on the floor care polymers market in Europe. End-use sectors in this region are adopting different floor care polymers due to their properties, including making surfaces smooth and easy to clean, creates a beautiful floor surface, improves safety, long-term cost savings, and increases productivity.
Many companies are assisting various markets with their innovative approach to create unique floor care polymers products that are safe for any end-use. For instance, some of the companies are offering acrylic polymers for different end-use. Acrylate polymers are considered as a group of polymers made from acrylate monomers. These plastics are known for their transparency, resistance to breakage, and also elasticity. They are also commonly known as acrylics. This polymer is extensively used in the wall and flooring system. Some of the benefits offered by this polymer when used for flooring systems are superior adhesion to vinyl, resistance to acids and alkalis, stain resistance, excellent abrasion properties, and corrosion resistance. All these factors are influencing the market growth of floor care polymers in Europe. Extensive research work and focus of manufacturers to anticipate and meet the needs in the conception, development, and implementation of innovative polymers in floor coating, is further driving this market in Europe.
However, COVID-19 has affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. In Europe, Italy, and Russia is the hardest-hit country by the coronavirus outbreak. It is anticipated to suffer an economic hit due to a lack of revenue from various industries, as Italy recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe negatively.
Europe Floor Care Polymers Market Revenue and Forecast to 2027 (US$ Million)
Europe Floor Care Polymers Market Segmentation
Europe Floor Care Polymers Market, by Product Type
- Polyethylene
- Acrylic
- Acrylonitrile
- Biopolymer
- Others
Europe Floor Care Polymers Market, by Function
- Adhesives
- Floor Finish Coatings
- Film Formulations
- Others
Europe Floor Care Polymers Market, by Application
- Residential
- Commercial
- Industrial
Europe Floor Care Polymers Market, by Country
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
Europe Floor care polymers Market -Companies Mentioned
- Arkema Group
- Buckeye International, Inc.
- Cargill, Incorporated
- Mitsui Chemicals, Inc.
- OMNOVA Solutions Inc.
- Stahl Holdings B.V.
- The Dow Chemical Company
- Zschimmer & Schwarz, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Function, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
UK, Germany, France, Italy, Russia
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Europe Market Segmentation
1.3.1 Europe Floor Care Polymers Market, by Product Type
1.3.2 Europe Floor Care Polymers Market, by Function
1.3.3 Europe Floor Care Polymers Market, by Application
1.3.4 Europe Floor Care Polymers Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Floor Care Polymers Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Expert Opinion
5. Europe Floor Care Polymers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise In Demand For Floor Care In Workplace
5.1.2 Various Benefits Of Floor Care Polymers
5.2 Market Restraints
5.2.1 Laborious Filling Process And Other Complexities Of Polymer Flooring
5.3 Market Opportunities
5.3.1 Rising Demand From Germany And Rest Of Europe
5.4 Future Trends
5.4.1 Development of Macromolecular Polymer Technology
5.5 Impact Analysis Of Drivers And Restraints
6. Floor Care Polymers – Europe Market Analysis
6.1 Floor Care Polymers Market Overview
6.2 Europe: Floor Care Polymers Market – Revenue and Forecast to 2027(US$ Mn)
6.3 Market Positioning – Key Market Players
7. Europe Floor Care Polymers Market Analysis – By Product Type
7.1 Overview
7.2 Europe Floor Care Polymers Market, By Product Type (2019 and 2027)
7.3 Polyethylene
7.3.1 Overview
7.3.1.1 Polyethylene: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Acrylic
7.4.1 Overview
7.4.1.1 Acrylic: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
7.5 Acrylonitrile
7.5.1 Overview
7.5.1.1 Acrylonitrile: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
7.6 Biopolymers
7.6.1 Overview
7.6.1.1 Biopolymers: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.1.1 Others: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
8. Europe Floor Care Polymers Market Analysis – By Function
8.1 Overview
8.2 Europe Floor Care Polymers Market, By Function (2019 and 2027)
8.3 Adhesives
8.3.1 Overview
8.3.1.1 Adhesives: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Floor Finish Coatings
8.4.1 Overview
8.4.1.1 Floor Finish Coatings: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Film Formulations
8.5.1 Overview
8.5.1.1 Film Formulations: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.1.1 Others: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
9. Europe Floor Care Polymers Market Analysis – By Application
9.1 Overview
9.2 Europe Floor Care Polymers Market, By Application (2019 and 2027)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Industrial
9.5.1 Overview
9.5.2 Industrial: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Million)
10. Europe Floor Care Polymers Market – Country Analysis
10.1 Europe: Floor Care Polymers Market
10.1.1 Europe: Floor Care Polymers Market, by Key Country
10.1.1.1 Germany: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.1.1.1 Germany: Floor Care Polymers Market, by Product Type
10.1.1.1.2 Germany: Floor Care Polymers Market, by Function
10.1.1.1.3 Germany: Floor Care Polymers Market, by Application
10.1.1.2 France: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.1.2.1 France: Floor Care Polymers Market, by Product Type
10.1.1.2.2 France: Floor Care Polymers Market, by Function
10.1.1.2.3 France: Floor Care Polymers Market, by Application
10.1.1.3 Italy: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.1.3.1 Italy: Floor Care Polymers Market, by Product Type
10.1.1.3.2 Italy: Floor Care Polymers Market, by Function
10.1.1.3.3 Italy: Floor Care Polymers Market, by Application
10.1.1.4 UK: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.1.4.1 UK: Floor Care Polymers Market, by Product Type
10.1.1.4.2 UK: Floor Care Polymers Market, by Function
10.1.1.4.3 UK: Floor Care Polymers Market, by Application
10.1.1.5 Russia: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.1.5.1 Russia: Floor Care Polymers Market, by Product Type
10.1.1.5.2 Russia: Floor Care Polymers Market, by Function
10.1.1.5.3 Russia: Floor Care Polymers Market, by Application
10.1.1.6 Rest of Europe: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
10.1.1.6.1 Rest of Europe: Floor Care Polymers Market, by Product Type
10.1.1.6.2 Rest of Europe: Floor Care Polymers Market, by Function
10.1.1.6.3 Rest of Europe: Floor Care Polymers Market, by Application
11. Impact of COVID-19 Pandemic on Europe Floor Care Polymers Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Arkema Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Buckeye International, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cargill, Incorporated
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Mitsui Chemicals, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 OMNOVA Solutions Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Stahl Holdings B.V.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 The Dow Chemical Company
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Zschimmer & Schwarz, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Europe Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. Europe Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 3. Europe Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 4. Europe Floor Care Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 5. Germany Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 6. Germany Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 7. Germany Floor Care Polymers Market, by Fiber End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 8. France Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 9. France Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 10. France Floor Care Polymers Market, by Fiber Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 11. Italy Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 12. Italy Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 13. Italy Floor Care Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 14. UK Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 15. UK Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 16. UK Floor Care Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 17. Russia Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 18. Russia Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 19. Russia Floor Care Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 20. Rest of Europe Floor Care Polymers Market, by Product Type – Revenue and Forecast to 2027 (USD Mn)
Table 21. Rest of Europe Floor Care Polymers Market, by Function – Revenue and Forecast to 2027 (USD Mn)
Table 22. Rest of Europe Floor Care Polymers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 23. Glossary of Terms, Europe Floor Care Polymers Market
LIST OF FIGURES
Figure 1. Europe Floor Care Polymers Market Segmentation
Figure 2. Europe Floor Care Polymers Market Segmentation – By Country
Figure 3. Europe Floor Care Polymers Market Overview
Figure 4. Floor Finish Coatings Segment Held Largest Share Of Europe Floor Care Polymers Market
Figure 5. Germany Held Largest Share of Europe Floor Care Polymers Market
Figure 6. Floor Care Polymers Market, Industry Landscape
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Europe Floor Care Polymers Market Impact Analysis Of Driver And Restraints
Figure 10. Europe: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. Europe: Floor Care Polymers Market Revenue Share, by Product Type (2019 and 2027)
Figure 12. Europe Polyethylene: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Europe Acrylic: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Europe Acrylonitrile: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Europe Biopolymers: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Europe Others: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Europe: Floor Care Polymers Market Revenue Share, by Function (2019 and 2027)
Figure 18. Europe Adhesives: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Europe Floor Finish Coatings: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Europe Film Formulations: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Europe Others: Floor Care Polymers Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Europe: Floor Care Polymers Market Revenue Share, by Application (2019 and 2027)
Figure 23. Europe Residential: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Europe Commercial: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Europe Industrial: Floor Care Polymers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Europe: Floor Care Polymers Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. Germany: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 28. France: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Italy: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 30. UK: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Russia: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Rest of Europe: Floor Care Polymers Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Impact of COVID-19 Pandemic In Europe Country Markets
- Arkema Group
- Buckeye International, Inc.
- Cargill, Incorporated
- Mitsui Chemicals, Inc.
- OMNOVA Solutions Inc.
- Stahl Holdings B.V.
- The Dow Chemical Company
- Zschimmer & Schwarz, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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