Polished Concrete Market Furnishes Information on Market Share, Market Trends, and Market Growth

Market Overview and Report Coverage

Polished concrete is a type of concrete that has been treated with a chemical densifier and ground with progressively finer grinding tools. This process results in a smooth, shiny surface that is both aesthetically pleasing and durable. The market for polished concrete is experiencing significant growth due to its increasing popularity in the construction industry.

The current outlook of the polished concrete market is positive, with a steady increase in demand for this type of flooring in both residential and commercial buildings. The market forecast predicts that the polished concrete market will continue to grow at a CAGR of % during the forecasted period. This growth can be attributed to the numerous benefits of polished concrete, including its low maintenance requirements, long lifespan, and environmental sustainability.

The latest market trends in the polished concrete industry include the development of new polishing techniques, such as decorative overlays and colored dyes, which allow for a wider range of design options. Additionally, there is an increasing focus on eco-friendly concrete polishing methods, which utilize environmentally friendly materials and reduce the carbon footprint of the construction industry. Overall, the future of the polished concrete market looks promising, with continued growth expected in the coming years.

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Market Segmentation

The Polished Concrete Market Analysis by types is segmented into:

• New Floors
• Retrofit Floors

Polished concrete is a popular flooring choice offered in two main markets - new floors and retrofit floors. New floors involve installing polished concrete in newly constructed buildings or during renovations. Retrofit floors, on the other hand, involve upgrading existing floors by grinding, polishing, and sealing them to create a polished concrete finish. Both markets cater to different needs and preferences, with new floors providing a fresh and modern look while retrofit floors offer a cost-effective way to revitalize existing spaces.

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The Polished Concrete Market Industry Research by Application is segmented into:

• Factories
• Offices
• Hotel Lobbies
• Automotive Shops
• Warehouses

Polished concrete is widely used in various commercial settings such as factories, offices, hotel lobbies, automotive shops, and warehouses. Its applications in these spaces offer durable, low-maintenance flooring solutions that can withstand heavy foot traffic and machinery. The sleek and modern look of polished concrete also enhances the aesthetic appeal of these spaces, making them more attractive for employees, customers, and visitors alike. Overall, polished concrete is a popular choice for a range of commercial environments due to its practicality and visual appeal.

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In terms of Region, the Polished Concrete Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Polished Concrete market?

Emerging trends in the global polished concrete market include greater adoption of eco-friendly materials, increased demand for decorative options, and innovative advancements in polishing techniques. Current trends reflect a growing preference for polished concrete in residential spaces, as well as in commercial and industrial settings due to its durability and low maintenance requirements. The market is also seeing a rise in the use of polished concrete in outdoor spaces and furniture design. Additionally, the integration of smart technology into polished concrete solutions is becoming more prevalent, offering added functionality and convenience to end-users.

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Major Market Players

Polished Concrete Market players such as McLean Company, David Allen Company, and LATICRETE International are key players in the market, known for their innovative products and strong market presence.

McLean Company has seen significant market growth in recent years, fueled by its focus on eco-friendly products and high-quality finishes. The company has been expanding its product range to cater to the growing demand for polished concrete in the construction industry. David Allen Company is another prominent player in the market, known for its top-notch craftsmanship and expertise in polished concrete installations. The company has been gaining market share through strategic partnerships and acquisitions.

LATICRETE International is a global leader in the polished concrete market, with a strong presence in multiple regions. The company has been investing in research and development to introduce new products and techniques, driving market growth. Perfect Polish is also a notable player, having carved a niche for itself in the market with its specialized services and exceptional customer service.

The polished concrete market is witnessing trends such as the growing popularity of decorative concrete finishes, increased adoption in commercial and residential applications, and advancements in polishing techniques. With the construction industry booming and the emphasis on sustainable building materials, the market for polished concrete is expected to continue to grow.

As for sales revenue, LATICRETE International reported a revenue of $ billion in 2020, showcasing its strong market position and growth potential. David Allen Company recorded sales of $212 million in the same year, highlighting its steady growth in the market. The sales revenue of other players in the market such as McLean Company, Perfect Polish, and Niche Polished Concrete varies based on their respective market presence and offerings.

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