A global floor coatings study released by Allied Market Research found the wood floor coatings segment is the leading market segment for floor coatings in Europe, growing at a compound annual growth rate of 6.7 percent in 2015.
The study also said that two-component floor coatings are expected to grow at a compound annual growth rate of 6.8 percent, making them the fastest growing floor coatings segment.
The value of the global coatings market is expected to reach $2.61 billion by 2022, compared with $1.66 billion in 2015.
The full study is available for purchase online.
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