The global floor coatings market has been divided into five regions based on geography: North America, Europe, Latin America, the Middle East, and Africa. A large market for floor coatings is anticipated in Asia Pacific as a result of the region's rapid infrastructure development, particularly in China and India.
By 2018, Asia is expected to spend between $8 and $9 trillion on infrastructure development, according to the Asian Development Bank. Rapid global economic growth and rising populations in developed and developing nations are anticipated to lead to significant investments in the building and construction sector, which is then anticipated to increase demand for floor coatings worldwide.
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