Global Polished Concrete Market Expands with Densifiers Segment at a robust CAGR
The increasing global
polished concrete market is driven by growth in the construction and renovation
sectors, sustainability and green building practices during the forecast period
2024-2028.
According to TechSci
Research report, “Global Polished
Concrete Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2018-2028”, The Global Polished Concrete Market is experiencing a
remarkable surge, reflecting its growing popularity as a preferred flooring
solution across a diverse range of sectors. This robust market expansion is
attributed to several key factors, positioning polished concrete as a
transformative choice for construction and renovation projects worldwide.
Polished concrete's
durability and aesthetic appeal are driving its adoption in various
applications, from residential spaces to industrial environments. Its ability
to withstand heavy foot and vehicle traffic, resistance to abrasion and
chemicals, and ease of maintenance have made it an attractive flooring option,
particularly in commercial and institutional settings.
Sustainability plays a
pivotal role in the market's growth trajectory, with polished concrete aligning
seamlessly with green building practices. Reduced environmental impact and
improved indoor air quality make it an eco-friendly choice. Furthermore,
advancements in environmentally responsible concrete densifiers and sealers are
contributing to its sustainable profile.
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Technological advancements
have streamlined the concrete polishing process, enhancing efficiency and
quality. Innovations in diamond tooling, polishing equipment, and automation
technologies have made polished concrete more accessible and cost-effective.
These advancements enable contractors and service providers to achieve a wide
range of finishes, from matte to high-gloss, efficiently and with precision.
Awareness of the benefits of
polished concrete continues to rise among architects, designers, contractors,
and end-users. Customers appreciate its low maintenance requirements, reduced
long-term costs, and the customization options it offers, including various
finishes, colors, and decorative elements. As a result, polished concrete is increasingly
chosen for its aesthetics and long-term value.
The global urbanization
trend and infrastructure development in emerging economies further bolster the
market's growth. Polished concrete's adaptability to various urban contexts
positions it as a favored flooring choice for high-traffic areas, plazas, and
streetscapes.
The global polished concrete
market is segmented into product, method, construction type, end-use, and region.
Based on product, the market is segmented into densifiers, sealers & crack
fillers, conditioners. Based on method, the market is segmented into dry, wet. Based
on construction type, the market is segmented into new construction, renovation.
Based on end-use, the market is segmented into residential, non-residential. Based
on region, the market is further bifurcated into North America, Asia-Pacific,
Europe, South America, Middle East & Africa.
Based on product, Densifiers
dominated in the global polished concrete market in 2022. Densifiers chemically
react with the calcium hydroxide present in concrete to create calcium silicate
hydrate (CSH) gel. This reaction significantly increases the density and
hardness of the concrete surface. As a result, polished concrete treated with
densifiers becomes more resistant to wear, abrasion, and impact, making it
exceptionally durable for high-traffic areas in both commercial and industrial
settings.
Densifiers enhance the
visual appeal of polished concrete floors. They help to create a more uniform
and consistent surface by filling in the microscopic pores and capillaries of
the concrete. This filling effect reduces surface porosity and minimizes imperfections,
resulting in a smoother, glossier finish with enhanced light reflectivity. The
aesthetics of the finished product are often a critical consideration in
selecting polished concrete as a flooring option.
The use of densifiers aligns
with sustainable building practices. Polished concrete floors are considered
environmentally friendly because they eliminate the need for additional floor
coverings like carpets or epoxy coatings. Moreover, the improved hardness and
density achieved with densifiers reduce the need for ongoing maintenance, such
as waxing or coatings, which can involve the use of chemicals and create waste
over time.
Key market players in the
global Polished Concrete market are: -
- Pittsburgh Plate Glass Industries, Inc. (PPG)
- 3M Company
- BASF SE
- Sika AG
- UltraTech Cement Limited
- The Sherwin-Williams Company
- Boral Limited
- Solomon Colors Inc.
- Vexcon Chemicals Inc.
- The Euclid Chemical Company
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“The Global Polished
Concrete Market is witnessing robust growth due to its durability, aesthetic
appeal, and low maintenance requirements. This market is primarily driven by
the expanding construction and renovation sectors, where polished concrete has
become a preferred flooring choice. Additionally, the industry's commitment to
sustainability and green building practices further boosts its prominence.
Advancements in polishing technology and increased awareness of its benefits,
such as longevity and customization options, continue to drive adoption. The
market is poised for continued expansion, fueled by rapid urbanization and
infrastructure development in emerging economies. Overall, polished concrete is
emerging as a versatile and sustainable flooring solution in the global
construction industry.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Polished Concrete Market
– Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Product (Densifiers, Sealers & Crack Fillers, Conditioners), By Method
(Dry, Wet), By Construction Type (New Construction, Renovation), By End-Use
(Residential, Non-Residential), By Region, and By Competition, 2018-2028,” has evaluated the future growth
potential of Global Polished Concrete Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Polished Concrete Market.
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