The global market size for parking deck coatings was valued at USD 89.6 billion in 2023, with a projected revenue compound annual growth rate (CAGR) of 9% during the forecast period. The increasing number of parking structures and growing awareness of the need to maintain and repair aging buildings, along with a rising demand for long-lasting and environmentally friendly parking solutions, are driving the demand for parking deck coatings.The coatings offer long-lasting protection and durability to parking structures, making them a desirable solution for customers seeking durable and sustainable parking solutions. Additionally, the lack of parking spots in cities and towns due to an increasing number of vehicles on the road is driving the need for parking structures. There is also a rising demand for parking garages globally, and an increasing awareness of the need to maintain and repair outdated parking structures.
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Major Companies and Competitive Landscape:
Major players in the global parking deck coatings market include:
• PPG Industries, Inc.
• Akzo Nobel N.V.
• BASF SE
• The Sherwin-Williams Company
• RPM International Inc.
• Sika AG
• 3M Company
• ArmorPoxy, LLC
• APF Epoxy Flooring Systems
• General Polymers (A Sherwin-Williams Company)
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