Global Concrete Sealers Market is valued approximately USD 1.58 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.1 % over the forecast period 2021-2027.
Concrete sealers are the type of sealers that are applied to shield the materials from surface damage, staining, and, corrosion. It blocks the pores to lessen absorption of salts and water and proficiently invade the surface and reacts. Additionally, it offers protection to the surfaces, enhances their visual appearance, and boosts efficiency. The increasing demand for the aesthetic flooring requirements in various applications such as sidewalks, driveways, parking lots, courtyards, and many other, coupled with the execution of stringent norms for building safety is augmenting the market growth over the forthcoming scenario. Moreover, the growth of the construction industry is further supporting market development. For instance, as per the, Association General Contractor, As per the news released by the Global Construction, the volume of construction output is likely to rise by 85% to USD 15.5 trillion by the end of 2030. Thereby, these factors are surging the demand for concrete sealers across the globe. However, volatility in prices along with the implementation of regulatory policies for the volatile organic compound (VOC ) emission impedes the growth of the market over the forecast period of 2021-2027. Also, escalating demand for bio-based materials to limit greenhouse gas emissions is likely to increase the market growth during the forecast period.
The regional analysis of the global Concrete Sealers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific is the leading region across the world in terms of market share owing to the rapid development of the construction industries majorly in emerging nations such as India and China. Moreover, rapid urbanization and industrialization are also impelling regional market development. Whereas, Europe is anticipated to exhibit a considerable growth rate over the forecast period 2021-2027. Factors such as growing renovation activities across both residential and commercial sectors tied with the presence of leading companies, like Evonik and BASF would create lucrative growth prospects for the Concrete Sealers market across Europe.
Major market player included in this report are:
Seal Source Inc.
Curecrete Distribution Inc.
Sika AG
BASF SE
Omnova Solutions
PPG Industries, Inc.
Prosoco Corporation
Evonik Industries AG
Valspar Corporation
Laticrete International, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Penetrating
Acrylic
Epoxy
Polyurethane
Others
By Application:
Residential
Non-residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Concrete Sealers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
