Press release
Concrete Sealers Market: Potential to Reach $3.1 Billion by 2031 | Huge Growth Opportunities
Market Snapshot- Market Size (2021): $1.7 billion
- Projected Market Size (2031): $3.1 billion
- CAGR (2022-2031): 6.4%
- Report Length: 426 pages
- Segments Covered: Type, Application, Region
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A53699
Key Growth Drivers
- Rapid expansion in the building and construction industry
- Growing popularity of DIY projects
- Strong economic growth and increased industrialization, especially in protective applications (e.g., washers, pipes, fittings)
Market Challenges
- Raw material shortages driving up prices
- Side effects and performance limitations of some sealers
Opportunities Ahead:
- Rise in investments from key players
- Expanding use of concrete sealers in commercial construction
- Booming DIY segment among consumers
Segment Highlights:-
By Type:
Pertaining Sealers:
- Held over one-third of the market in 2021
- Dominates due to use in driveways, transportation infrastructure, and OEM automotive coatings
Acrylics
- Expected to witness the fastest growth with a CAGR of 7.0% through 2031
By Application
Commercial Sector
- Largest share in 2021 (~40%)
-Highest projected growth with a CAGR of 6.7%
- Driven by expansion of office spaces, retail infrastructure, and government investments
By Region:-
Asia-Pacific:
- Accounted for more than 40% of global revenue in 2021
- Projected to grow at the fastest CAGR of 7.1%
- Growth attributed to robust demand in construction, transport, and manufacturing sectors
Top Market Players:
- BASF SE
- Sika AG
- PPG Industries
- Laticrete International, Inc.
- Royal Associates
- Valspar
- Prosoco Corporation
- Mapei Corporation
- W. R. Meadows, Inc.
- XETEX Industries Pvt. Ltd. (India)
These companies are actively pursuing strategies such as new product development, partnerships, expansions, and joint ventures to strengthen their market position.
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Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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