The Global Water-based Floor Paint Market was valued at USD 7.2 Billion in 2024 and is projected to reach USD 10.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2024–2030). This robust growth is primarily driven by stringent environmental regulations, rising consumer preference for low-VOC products, and rapid expansion in the construction and renovation sectors across residential, commercial, and industrial applications.

As the coatings industry pivots decisively towards sustainable and health-conscious solutions, the focus intensifies on the key manufacturers leading the charge in innovation, performance, and eco-friendly formulations. In this analysis, we profile the Top 10 Companies in the Water-based Floor Paint Industry—a blend of global chemical giants, specialty coaters, and sustainable material innovators defining the future of floor protection and aesthetics.

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🔟 1. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: PPG Aquapon, PPG Break-Through!, PPG Sigma

PPG Industries is a global leader in paints, coatings, and specialty materials, with a formidable portfolio of water-based floor paints designed for durability and low environmental impact. Their products are widely used in industrial facilities, commercial warehouses, and residential spaces, offering superior resistance to chemicals, abrasion, and heavy foot traffic.

Sustainability Initiatives:

• Commitment to 40% of sales from sustainable products by 2025
• Development of low-VOC and zero-VOC formulations
• Investment in circular economy and recycling technologies for paint

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9️⃣ 2. Sherwin-Williams Company

Headquarters: Cleveland, Ohio, USA
Key Offering: Pro Industrial Waterbased Epoxy, ArmorSeal, H&C Concrete Stain

Sherwin-Williams is one of the largest manufacturers of paints and coatings in the world, with an extensive line of water-based floor coatings for every application. Their products are renowned for quick drying times, easy cleanup, and compliance with the most stringent environmental standards.

Sustainability Initiatives:

• GreenSure® designation for products meeting high sustainability standards
• Focus on reducing greenhouse gas emissions across manufacturing
• Water-based epoxy systems that reduce environmental footprint

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8️⃣ 3. Akzo Nobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: International Floor Coatings, Sikkens Rubbol, Interpon D1000 Series

Akzo Nobel, the maker of iconic brands like Dulux, is a powerhouse in the protective coatings market. Its water-based floor paint solutions are engineered for high performance in demanding environments, from factories and airports to retail spaces, emphasizing durability and aesthetic appeal.

Sustainability Initiatives:

• Target of 50% revenue from sustainable solutions by 2030
• Pioneering carbon-neutral paint production initiatives
• Extensive portfolio of ECO products with Cradle to Cradle certification

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7️⃣ 4. RPM International Inc.

Headquarters: Medina, Ohio, USA
Key Offering: Tremco illbruck, Stonhard, Carboline

RPM International operates a diverse family of companies specializing in specialty coatings, sealants, and building materials. Its subsidiaries like Stonhard and Tremco provide high-performance, water-based flooring systems for industrial and commercial use, known for their seamless application and long-lasting protection.

Sustainability Initiatives:

• MAP 2030 strategy focusing on operational sustainability
• Development of products that contribute to LEED certification
• Investment in bio-based raw materials for coatings

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6️⃣ 5. Axalta Coating Systems

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Imron Industrial Floor Coatings, Corlar Waterborne Epoxy

Axalta is a leading global supplier of liquid and powder coatings, with a strong presence in the industrial floor coatings segment. Their water-based products offer excellent corrosion protection, chemical resistance, and are designed for easy application in complex industrial settings.

Sustainability Initiatives:

• Sustainable Solutions Framework guiding product development
• Focus on reducing VOC content and hazardous air pollutants
• Partnerships to advance sustainable coating technologies

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5️⃣ 6. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: MasterTop floor coatings, BASF Colors & Effects

As the world’s largest chemical producer, BASF offers a comprehensive range of flooring solutions through its Construction Chemicals division. Their MasterTop product line includes advanced water-based polyurethane and epoxy systems for industrial, commercial, and residential floors.

Sustainability Initiatives:

• Ambitious CO2 reduction targets for 2030 and 2050
• Development of biomass-balanced certified products
• Innovations in bio-based binders for water-based paints

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4️⃣ 7. Sika AG

Headquarters: Baar, Switzerland
Key Offering: Sikafloor, Sikagard, SikaProof

Sika is a specialty chemicals company with a leading position in flooring and waterproofing solutions. Its water-based floor coatings are designed for extreme conditions, providing protection against chemicals, abrasion, and impact in industries ranging from food and beverage to pharmaceuticals.

Sustainability Initiatives:

• Sika’s “More Value, Less Impact” sustainability strategy
• Over 25% of sales from products with sustainability benefits
• Innovations in low-carbon and recyclable flooring systems

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3️⃣ 8. Jotun A/S

Headquarters: Sandefjord, Norway
Key Offering: Jotunfloor, Penguard Waterborne, Hardtop

Jotun is a major global player in paints and coatings, with a strong reputation for high-performance floor systems. Their water-based offerings are tailored for heavy industrial use, marine environments, and commercial spaces, combining durability with environmental compliance.

Sustainability Initiatives:

• GreenSteps framework for sustainable product development
• Target of reducing carbon footprint per liter of paint by 40%
• Leadership in developing anti-fouling and corrosion-resistant water-based coatings

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2️⃣ 9. Hempel A/S

Headquarters: Kongens Lyngby, Denmark
Key Offering: Hempathane, Hempadur, Hempacore

Hempel is a leading worldwide supplier of protective coatings, with a significant focus on water-based technologies for floor protection. Their products are engineered to withstand severe mechanical and chemical stress while meeting the highest standards for health and safety.

Sustainability Initiatives:

• Double Impact strategy aiming for sustainability leadership
• Commitment to Science Based Targets initiative (SBTi)
• Development of coatings that extend asset lifetime and reduce maintenance

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1️⃣ 10. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nippon Paint Protec, Finecoat, Aqua Bonder

Nippon Paint is one of Asia’s largest paint and coatings manufacturers, with a rapidly expanding global footprint. The company offers a diverse portfolio of water-based floor paints, including epoxy and polyurethane systems for various industrial and decorative applications.

Sustainability Initiatives:

• Focus on developing eco-friendly and odorless paint technologies
• Investment in R&D for air-purifying and antimicrobial coatings
• Expansion of production capacity for water-based products globally

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🌍 Outlook: The Future of Water-based Floor Paint Is Smarter and Greener

The water-based floor paint market is experiencing a transformative period characterized by technological innovation and heightened environmental awareness. While conventional solvent-based products still hold market share in certain high-performance applications, the industry is rapidly shifting toward advanced water-based formulations that offer comparable performance with significantly reduced environmental impact.

📈 Key Trends Shaping the Market:

• Accelerated adoption of low-VOC and zero-VOC formulations driven by global regulations
• Development of bio-based resins and binders to replace petrochemical derivatives
• Integration of smart technologies, such as self-healing and anti-microbial properties
• Growing demand for durable, easy-to-clean coatings in healthcare and food processing facilities

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Water-based Floor Paint Market – View in Detailed Research Report

The companies listed above are not only supplying essential protective coatings—they’re pioneering the sustainable transformation of the global surfaces industry, ensuring that performance and planetary health go hand in hand.