The global demand for Concrete Sealers Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Klioton in 2021 and forecast to touch XX Klioton by 2028 with a CAGR of XX% during 2022-2028.
Concrete sealers are applied to concrete to protect it from surface damage, corrosion, and staining. The strength and durability of concrete make it an important structural material. It is essential to protect surfaces from water damage caused by freeze/thaw cycles, stains from dirt, deicing salts, oil, other contaminants, and much more. They block the pores in the concrete to minimize the absorption of water and salts or form an impermeable layer that saves such materials from passing. Key players are innovating reliable and long-lasting products that may need to accommodate temperature changes, seal cracks, and preserve concrete color or detailing.
Market Dynamics
The global concrete sealers market is expanding due to growing construction spending in emerging economies of the Asia Pacific and Rising demand for construction repair & maintenance across developed countries. Rapidly growing infrastructure renovation and industrial construction worldwide also pave growth to the market. Ongoing technological advancements concerned with the development of self-healing concrete sealers and increasing research on the formulation of high-performance concrete sealers are expected to accelerate further the demand for concrete sealers over the coming years. However, stringent regulations and relatively high price volatility of petrochemical feedstock are limiting the growth of the global concrete sealers market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of concrete sealers. The growth and trends of Concrete Sealers Industry provide a holistic approach to this study.
Market Segmentation
This section of the concrete sealers market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Penetrating
- Acrylic
- Epoxy
- Film-Forming
- Polyurethane
- Others
By Application
- Residential
- Commercial
- Industrial
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Concrete Sealers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Concrete Sealers Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the concrete sealers market include BASF SE, Evonik Industries, Omnova Solutions, PPG Industries, Sika AG, Arkema, Laticrete International, Mapei Construction Products, Valspar Corp., Vexcon Chemicals, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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