Press release
Polished Concrete Market Size, Share, Trends And Forecast 2023-2032
The Business Research Company's Polished Concrete Global Market Report 2023 identifies the rising demand for renovation and remodeling is the key driver propelling the growth of polished concrete market. The expanding demand for polished concrete, especially for constructing hotel flooring and other non-residential buildings, is also the main factors responsible for the growth of the polished concrete market. The factors like durable, low maintenance and easy to clean and advancement in technologies, and also the applications in the usage of glossy and attractive flooring are driving the use of polished concrete non-residential construction.The global polished concrete market size will grow from $2.37 billion in 2022 to $2.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. 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 market size of the polished concrete is expected to grow to $3.48 billion in 2027 at a CAGR of 8.0%.
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Major players in the polished concrete market 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., Pasadena Concreteworks Inc., Fairfax Concrete LLC, CHARLOTTES CONCRETE, DMF Concrete, Polished Concrete Systems Inc., Laurel, Germantown, HARLOTTES CONCRETE, MPM, and BGSB.
Strategic partnership is a key trend in the polished concrete market. Major players are entering into partnership to leverage each other's resources and expand the market.
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The Polished Concrete market is segmented -
1) By Product Type: Densifiers & Hardeners, Sealers & Crac*k Fillers, Conditioners
2) By Method: Dry, Wet
3) By Construction Type: New Construction, Renovation
4) By End-Use Industry: Residential, Non-Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Polished Concrete market.
The Business Research Company's "Global Polished Concrete Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Polished Concrete Market Include:
1. Executive Summary
2. Polished Concrete Market Characteristics
3. Polished Concrete Market Trends And Strategies
4. Polished Concrete Market - Macro Economic Scenario
5. Polished Concrete Market Size And Growth
.....
26. Africa Polished Concrete Market
27. Polished Concrete Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Polished Concrete Market
29. Polished Concrete Market Future Outlook and Potential Analysis
30. Appendix
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