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Polished Concrete Global Market Report 2025: Tapping into Rapid Growth, Accelerated by CAGR of 7.0% and Driven by Urbanization and Renovations

02-01-2025 02:16 PM CET | Chemicals & Materials

Press release from: The Business Research Company

Polished Concrete Market Size

Polished Concrete Market Size

Mirroring the ascend of industrial development and architectural aesthetics, the global polished concrete market gears up for steady growth.

What Is The Projected Market Size Of The Global Polished Concrete Market And Its Growth Rate?

The polished concrete market has shown robust growth, attributed significantly to innovations in design, increased commercial and industrial adoption, and urbanization. The key statistics of the market growth include:

• Growth from $2.62 billion in 2024 to $2.77 billion in 2025 at a CAGR of 6.0%.
• Anticipated growth to $3.63 billion in 2029 at a CAGR of 7.0%.
• Driving factors for growth during the forecast period include resurgence in renovation projects, market expansion in emerging economies, and increasing health and hygiene concerns.
• Major trends include sustainable building practices, architectural aesthetics, durability and longevity, and heightened use in both residential and commercial spaces.

What Is Driving The Growth In The Polished Concrete Market?

The polished concrete market is currently experiencing growth, largely driven by the rising demands for renovation and remodeling, especially in non-residential buildings. The market's growth is stimulated by the properties of polished concrete - durability, low maintenance requirement, easy to clean surface, and the appealing glossy finish. In light of the rise in renovation expenditures, as reinforced by a 13% increase to reach £17,000 in 2023 by Houzz Inc reports, it is evident that the growing demand for renovation and remodeling is catalyzing the expansion of the polished concrete market.

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Who Are the Key Players Driving Polished Concrete Market Growth?

Key players propelling the growth of the polished concrete market include:
• BASF SE
• Minnesota Mining and Manufacturing Company
• The Sherwin-Williams Company
• PPG Industries Inc.
• CHARLOTTES CONCRETE
• SIKA AG
• 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
• HTC Sweden AB
• Superabrasive

What Are The Key Trends In The Polished Concrete Market?

Emerging trends in the polished concrete market include:
• Sustainable building practices
• Emphasis on architectural aesthetics
• Focus on durability and longevity
• Increased residential adoption
• Growing use in commercial and retail spaces

What Are The Segments Of The Global Polished Concrete Market?

The polished concrete market is categorized into several segments:
• By Product Type: Densifiers & Hardeners, Sealers, Conditioners
• By Method: Dry, Wet
• By Construction Type: New Construction, Renovation
• By End-Use Industry: Residential, Non-Residential

Which Region Leads The Polished Concrete Market?

North America triumphs as the dominant region in the polished concrete market in 2024. However, the Asia-Pacific region is projected to emerge as the fastest-growing region in the upcoming years. The polished concrete market report covers key regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Polished Concrete Global Market Report?

- Market Size Analysis: Analyze the Polished Concrete Global Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Polished Concrete Global Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Polished Concrete Global Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Polished Concrete Global Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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