The Business Research Company’s report on the Concrete Sealer Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the concrete sealer industry?
Growing construction spending in emerging economies is expected to propel the growth of the concrete sealer market. Evidence is present to prove the existence of a positive relationship between economic growth and the level of construction activities in developing countries. Based on a study of United Nations time series data, comparisons are made for three groups of countries, classified according to the World Bank, in order to investigate the relationship between rapid economic growth and construction activity in growing economies. It has been proved that emerging economies appear to be catching up to the built asset wealth of more developed economies. For instance, in October 2023, according to the US Census Bureau, a US-based main entity in the United States Federal Data System in charge of producing economic and population information, construction spending in August 2023 is predicted to exceed $1,983.5 billion, up 7.4 percent (1.8 percent) from $1,847.3 billion in August 2022. Therefore, the growing construction spending in emerging economies is driving the growth of the concrete sealer market.
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What is the estimated market size of the concrete sealer sector by 2029, based on current forecasts?
The concrete sealer market size has grown strongly in recent years. It will grow from $1.27 billion in 2024 to $1.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth of industrial sectors, increased construction activities, infrastructure development, rising awareness aboutThe benefits of concrete protection, stringent regulations regarding environmental protection.
The concrete sealer market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increase in the number of smart cities projects by governments, high product demand in flooring applications, growing demand for aesthetic flooring requirements, urbanization, and redevelopment. Major trends in the forecast period include nano-sealers, stain-resistant sealers, product launch with advanced features and customized product offerings, customization with color sealers, digitalization in maintenance, polished concrete finishes.
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#Who are the top players in the concrete sealer market?
Major companies operating in the concrete sealer market include Curecrete Distribution Inc., Prosoco Inc., BASF SE, SealSource Inc., AmeriPolish Inc., Monoflux Refra Lythic Private Limited, W. R. Meadows Inc., KreteTek Industries Inc., Kimbol Sealer Ltd., Stone Technologies Ltd., Laticrete International Inc., Nutech Paint Pty Ltd., NewLook Ltd., Euclid Chemical Co., Dev’s Chem Tec Private Limited, Mapei SPA, PPG Industries Inc., Sika AG, FiberTite Seaman Corporation, Xypex Chemical Corp., PPG Architectural Finishes Incorporated, Kelly-Moore Paints Co. Inc., Akzo Nobel N. V., Endura Manufacturing Company Ltd., Kansai Paint Co. Ltd., Nippon Paint Holdings Co. Ltd., RPM International Inc., Vexcon Chemicals Inc., Indcon Inc., Covertec Products LLC, Key Resin Co., ChemMasters Inc.
#What are the major trends in the concrete sealer market?
The development of technologically advanced concrete sealers are key trends gaining popularity in the concrete sealer market. Technological advancement is the discovery of knowledge that contributes to growth. For instance, in January 2022, W. R. Meadows Inc., a US-based manufacturing company of construction materials, launched PENTREAT 244-40 W/B and PENTREAT 244-20 W/B. The products include water-resistant sealers, PENTREAT 244-40 W/B with 40% silane content and PENTREAT 244-20 W/B with 20% silane content, which are appreciated for preventing chloride-induced rebar corrosion, scaling, spalling, and freeze-thaw damage. The features of the products are superior water-resistant sealants with high performance and permeable, penetrating properties. Protects concrete and masonry surfaces by reducing water and salt penetration. Reduces surface spalling on concrete. Increases the lifespan of concrete and masonry constructions. It penetrates the surface to provide optimal protection.
Which geography holds the highest concrete sealer market share?
North America was the largest region in the concrete sealer market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the concrete sealer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the concrete sealer market?
The concrete sealer market covered in this report is segmented –
1) By Function: Topical, Penetrating
2) By Product: Silicate Sealers, Silane Siloxane Sealers, Acrylics Sealers, Epoxy Sealers, Other Products
3) By Application: Residential, Commercial, Industrial
Subsegments:
1) By Topical: Acrylic Sealers, Polyurethane Sealers, Epoxy Sealers
2) By Penetrating: Silane Sealers, Siloxane Sealers, Fluoropolymer Sealers
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What defines the structure and scope of the concrete sealer market?
Concrete sealers are low-viscosity liquids that are applied on the surface of hardened concrete to stop deicing agents, carbon dioxide, acids, water, and other substances from penetrating the concrete. They work by either blocking the pores in the concrete to reduce the absorption of water and salt or by forming an impermeable layer that prevents water and salt from passing.
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