Concrete Sealer Global Market Report 2023

“Concrete Sealer Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on concrete sealer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for concrete sealer? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The concrete sealer market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Function: Topical; Penetrating

2) By Product: Silicate Sealers; Silane Siloxane Sealers; Acrylics Sealers; Epoxy Sealers; Other Products

3) By Application: Residential; Commercial; Industrial

Companies Mentioned: Curecrete Distribution(Ashford Formula and RetroPlate); Prosoco; Evonik; BASF; SealSource

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the concrete sealer market are: Curecrete Distribution (Ashford Formula and RetroPlate), Prosoco, Evonik, BASF, SealSource, AmeriPolish, LYTHIC, W. R. Meadows, Larsen, KreteTek Industries, Kimbol Sealer, Stone Technologies, Laticrete International, Nutech Paint, NewLook, Euclid Chemical, Henry Company, Chem Tec, Mapei, Nanofront, Suzhou Jinrun, Guangzhou Ontop Building Material, PPG Industries, Valspar Corporation, Omnova Solutions, Sika AG, FiberTite, Seaman Corporation, Xypex Chemical Corp., PPG Architectural Finishes, Incorporated-PPG Paints, and Kelly-Moore Paints.

The global concrete sealer market grew from $1.17 billion in 2022 to $1.3 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The concrete sealer market is expected to grow to $2.07 billion in 2027 at a CAGR of 12.4%.

The concrete sealer market consists of sales of topical sealers, penetrating sealers, acrylic, polyurethane, and epoxy. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Concrete sealers are low-viscosity liquids that are applied on the surface of hardened concrete to stop deicing agents, carbon dioxide, acids, water, and other substances from penetrating the concrete. They work by either blocking the pores in the concrete to reduce the absorption of water and salt or by forming an impermeable layer that prevents water and salt from passing.

North America was the largest region in the concrete sealer market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the concrete sealer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The main types of products of concrete sealers are silicate sealers, silane siloxane sealers, acrylic sealers, epoxy sealers, and others. Silicate sealers are better known as concrete densifiers. Silicate sealers help to reduce dust by increasing the surface strength of the concrete. These products function in different ways, such as topical and penetrating. These products are used in residential, commercial, and industrial applications.

Growing construction spending in emerging economies is expected to propel the growth of the concrete sealer market. Evidence is present to prove the existence of a positive relationship between economic growth and the level of construction activities in developing countries. Based on a study of United Nations time series data, comparisons are made for three groups of countries, classified according to the World Bank, in order to investigate the relationship between rapid economic growth and construction activity in growing economies. It has proved that emerging economies appear to be catching up to the built asset wealth of more developed economies. For instance, the global construction market was valued at $10.7 trillion in 2020, and these emerging markets' contributions were valued at $5.7 trillion, according to Oxford Economics. Therefore, the growing construction spending in emerging economies is driving the growth of the concrete sealer market.

The development of technologically advanced, premium and thin-layer polyurethane concrete sealers are key trends gaining popularity in the concrete sealer market. Technological advancement is the discovery of knowledge that contributes to growth. For instance, in 2020, Sika flooring and coating solutions contributed to the worldwide flooring construction material technology and developed "PU/PUA Hybrid", a new technology for carpark coatings, and also "Sikafloor 261," the first self-leveling floor upright application process.

In August 2021, Sika AG, a Swiss multinational specialty chemical company, acquired Shenzhen Landun Holding Co. Ltd. for an undisclosed amount. The acquisition is expected to provide new growth opportunities in the fast-growing Chinese waterproofing concrete market. Shenzhen Landun Holding Co., Ltd. is a manufacturer of waterproofing systems in China. The company offers a comprehensive range of waterproofing products and technologies.

The countries covered in the Concrete Sealer market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The concrete sealer market research report is one of a series of new reports from The Business Research Company that provides concrete sealer market statistics, including concrete sealer market industry global market size, regional shares, competitors with concrete sealer market share, detailed concrete sealer market segments, market trends and opportunities, and any further data you may need to thrive in the concrete sealer market industry. This concrete sealer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.