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Concrete Sealer Market 2023 - Market Size, Trends, Growth Analysis, Top Players And Forecast To 2032
Concrete Sealer Market Analysis
Concrete Sealer Market Size, Growth Rate, And Forecast
The global concrete sealer market size 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 size is expected to grow to $2.07 billion in 2027 at a CAGR of 12.4%.
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Concrete Sealer Market Drivers
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.
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Concrete Sealer Market Segments
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the concrete sealer market.
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Concrete Sealer Market Key Players
Major competitors in the concrete sealer market include Curecrete Distribution (Ashford Formula and RetroPlate), Prosoco, Evonik, BASF, SealSource, AmeriPolish, LYTHIC, W. R. Meadows, Larsen, KreteTek Industries.
The Business Research Company's "Global Concrete Sealer Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Concrete Sealer Market Include:
1. Executive Summary
2. Concrete Sealer Market Characteristics
3. Concrete Sealer Market Trends And Strategies
4. Concrete Sealer Market - Macro Economic Scenario
5. Concrete Sealer Market Size And Growth
………
26. Africa Concrete Sealer Market
27. Concrete Sealer Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Concrete Sealer Market
29. Concrete Sealer Market Future Outlook and Potential Analysis
30. Appendix
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