Report

Global Polished Concrete Market Size study, by Type (Densifier, Sealer & crack filler, Conditioner), by Method (Dry, wet), by Construction(New construction, Renovation), End use (Residential, Non-residential) and Regional Forecasts 2021-2027

  • Publish Date: Mar,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Polished Concrete Market to reach USD 3.22 billion by 2027.Global Polished Concrete Market is valued approximately at USD 2.2 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2021-2027. Polished concrete is multi-step process where a concrete floor get mechanically ground, honed and polished with the bonded abrasives to cut a concrete floor's surface. The global Polished Concrete market is being driven by growing demand for polished concrete for flooring applications and rise in the demand for cost-effective and green flooring system. Furthermore,and rising construction and building activities owing to rapid urbanization and population growth, will provide new opportunities for the global Polished Concrete industry. For instance, according to Statista, there has been rise in spending in construction industry across the globe, as in year 2018, the total construction spending stood at USD 11.5 trillion which increased to USD 12.5 trillion in year 2020 and it is expected to reach at USD 19.2 trillion by year 2035. As a result, rise in construction industry across the globe, will serve as a catalyst for the Polished Concrete industry in the future. However, instability of raw material prices, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the reginal analysis of global polished concrete market. The rising technological advancements in the building & construction industry makes the North America the significant region across the world in terms of market share. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to usage of shiny, glossy and esthetic appeal flooring systems in residential applications in the region.
Major market player included in this report are:

Ppg industries, inc.
Basf SE
3M company
The Sherwin-williams company
Boral Limited
SIKA AG
Ultratech cement limited
Solomon colors Inc
The Euclid chemical company
Vexcon Chemicals 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 Type:
Densifier
Sealer & crack filler
Conditioner
By Method
Dry
Wet
By Construction:
New construction
Renovation
By End Use:
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 Polished Concrete 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