Polished Concrete Market Competitor Analysis, Growth, Insights, Trends 2024-2033: Strategic Perspectives

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Polished Concrete Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The polished concrete market size has grown strongly in recent years. It will grow from $2.49 billion in 2023 to $2.65 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to pioneering applications, cost-effectiveness, refurbishment and renovation, industrial development influence, commercial and industrial adoption.

The polished concrete market size is expected to see strong growth in the next few years. It will grow to $3.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to resurgence in renovation projects, market expansion in emerging economies, health and hygiene concerns, innovations in design and customization, urbanization and infrastructure development. Major trends in the forecast period include sustainable building practices, architectural aesthetics, durability and longevity, residential adoption, commercial and retail spaces.

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Market Segmentation:
The polished concrete market covered in this report 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

Major Driver - Surge In Renovation And Remodeling Drives Growth Of Polished Concrete Market
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 such as 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. For instance, in March 2021, according to the Joint Center for Housing Studies, a US-based research center, US expenditure on home improvements and repairs experienced a growth of over 3%, reaching nearly $420 billion. Therefore, rising demand for renovation and remodeling will drive the growth of polished concrete market.

Competitive Landscape:
Major companies operating in the polished concrete market report are BASF SE, Minnesota Mining and Manufacturing Company, The Sherwin-Williams Company, PPG Industries Inc., CHARLOTTES CONCRETE, SIKA AG, Ultratech Cement Limited, Boral Limited, Jon-Don LLC, Cemstone, The Euclid Chemical Company, Bgsb Concrete Solutions (p) Ltd, Solomon Colors Inc., Terrco Inc., Lavina, Concrete Polishing Solutions, DIAMATIC INDUSTRIES, Runyon Surface Prep, National Concrete Polishing & Grinding Inc., Vexcon Chemicals Inc., Bomanite Corporation, Klindex, Stone Medic, Kut-Rite Manufacturing, Pasadena Concreteworks Inc., Fairfax Concrete LLC, DMF Concrete, Polished Concrete Systems Inc., Manassas Concrete Pros, HARLOTTES CONCRETE, Mineral Pulverising Mills, HTC Sweden AB, Superabrasive

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Top Trend - Smartfloor Refinement System Revolutionizes Polished Concrete Market
Major companies operating in the polished concrete market are increasing their focus on introducing innovative platforms, such as pad system, to gain a competitive edge in the market. Floor pad system refers to a combination of floor pads and a machine used to clean, polish, or maintain different types of floors. For instance, in June 2022, Ameripolish, a US-based concrete manufacturing company, launched the SmartFloor Refinement System. It is a pad system designed to provide a high-aesthetic floor that is an easy and economical way to utilize any polishing machine, including power trowels. It allows for easy assembly of universal blade holders that will enable users of the machine to equip abrasives on virtually any power trowel machine.

The Table Of Content For The Market Report 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
…..
27. Polished Concrete Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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