Polished
Concrete Market worth $3.0 billion by 2025

The report "Polished
Concrete Market by Type
(Densifier, Sealer & Crack Filler, Conditioner), Method (Dry, Wet),
Construction Type (New Construction, Renovation), End-use Sector (Residential,
Non-residential), and Region - Global Forecast to 2025" The global polished concrete market size is
projected to grow from USD 2.2 billion in 2020 to USD 3.0 billion by 2025, at a
CAGR of 5.6% from 2020 to 2025.

The market is projected to
grow in accordance with the increase in the demand for industrial and
commercial construction across the globe. Furthermore, the polished concrete
market has witnessed a significant increase in its demand, owing to the
increase in the warehousing construction, rise in renovation & remodelling
activities, and rapid urbanization & globalization.

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Browse in-depth TOC on "Polished Concrete Market”

135 - Tables

52 - Figures

161 – Pages

In terms of value & volume, densifier is estimated to
lead the polished concrete market in 2019.

Densifiers, by type, accounted for the largest market
share in the polished concrete market. The growth of the densifier segment can
be attributed to the benefits it offers, such as protection to the concrete
flooring system against chemical attack, staining, permeable fluids, wear, and
degradation. The densifier is widely preferred and demanded for the concrete
polishing, and its demand is expected to accelerate during the forecast period,
with the increase in the demand from the non- residential sectors, globally.

Dry segment is estimated to be the largest segment in the
polished concrete market in 2019.

Dry, by method, accounted for the greatest demand for
polished concrete in 2019, in terms of value and volume. Furthermore, dry
segment is projected to be the fastest-growing method for the polished
concrete, by 2025, in terms of value as well as volume. The high demand can be
attributed to the higher shine and durability it offers to the polished
concrete floors. For the dry concrete polishing method, the surface of the
concrete is ground using commercial-scale polishing machines. Each stage of the
process requires a different abrasive polishing disk, often incorporating
diamond grit, with coarser textures for earlier stages and finer ones to get
the final shine.

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New construction segment to dominate the polished
concrete market in 2019.

New construction, by construction type, accounted for the
largest demand for polished concrete in 2019, in terms of value and volume.
Furthermore, new construction is projected to be the fastest-growing segment
for the polished concrete, by 2025, in terms of value as well as volume. Many
manufacturers have promoted use of polished concrete as a green movement as it
can provide them to achieve LEED ratings for their organization. This can be
attributed to its high reflectivity, neutral impact on indoor air quality and
longer lifespan. This in turn, boosts the demand for polished concrete for
newly installed flooring systems of residential as well as non-residential
buildings.

Non-residential dominated the polished concrete market in
2019, in terms of value and volume.

Non-residential, by end-use sector, accounted for the
largest demand for polished concrete in 2019, in terms of value and volume. The
demand from this sector is supported by increased investment in new industrial
and commercial construction projects. Factors such as ease of installation,
durability, and appealing esthetics will fuel the demand for polished concrete
to be installed in newly built projects.

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The North American region is projected to account for the
largest share in the polished concrete market during the forecast period.

The North American region is projected to lead the
polished concrete market, in terms of both value and volume from 2020 to 2025.
The growth of the polished concrete market in North America is driven by
technological advancements in the building & construction industries. In
the US, single-family homes are growing, especially in Florida, Georgia, North
Carolina, Washington, Utah, Tennessee, Ohio, California, Idaho, and South
Carolina. Furthermore, the usage of glossy and attractive floorings in non-residential
applications has been a key factor driving the polished concrete’s market
growth.

BASF SE (Germany), 3M Company (US), Sika AG
(Switzerland), The Sherwin Williams Company (US), PPG Industries, Inc. (US),
UltraTech Cement Limited (India), and Boral Limited (Australia), amongst
others, are the key material manufacturers operating in the polished concrete
market. Acquisitions, expansions & investments, agreements &
partnerships, and new product developments are some of the major strategies
adopted by these key players to enhance their positions in the polished
concrete market.

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