Concrete Densification & Polishing Material Market Report 2020 By Regional Insights, Trends, Revenue & Forecast To 2025
Category: #headlines  By Rahul Varpe  Date: 2020-05-19
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Concrete Densification & Polishing Material Market Report 2020 By Regional Insights, Trends, Revenue & Forecast To 2025

The Concrete Densification & Polishing Material Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. 

The size of Concrete Densification & Polishing Material Market was registered at USD 300 million billion in the year 2018 and is anticipated to cross USD 450 million billion by 2025. Between the period 2019- 2025, the Concrete Densification & Polishing Material Market is expected to register a CAGR of 5.5%. Rising construction activities all over the world will trigger the demand for concrete densification & polishing material and equipment during the forecast time span.

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Concrete densification & polishing material market is classified on the basis of two categories viz. end-user and product. The materials are used in various end-user sectors including residential, institutional, commercial and industrial. By 2025, residential segment will contribute more than 25% volume share. Countries like China and India will experience tremendous growth in development of residential buildings, driving the product demand.

Based on products, it has three sub-categories including densifiers and hardeners, sealers and crank fillers, and conditioners. Sealers and crank fillers will capture around 15% market in terms of revenue by 2025. Concrete densification & polishing equipment market is divided into three sub-categories viz. hand-held, ride on and walk behind floor grinder and polishing machines. Walk behind floor grinder and polishing machine market is likely to generate over USD 1 billion during the forecast time span.

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Concrete densification & polishing equipment market in North America is expected to grow with CAGR exceeding 3.5% due to development of infrastructure projects over the forecast period.

 Asia Pacific, being the fastest growing region will surpass USD 750 Million by 2025 in terms of equipment. This region will witness increase in residential and commercial construction activities due to population growth. The major manufacturers of concrete densification & polishing market are Bosch, Klindex, Hilti, Diamatic, Tyrolit, Canzac, Flowcrete Group Ltd, etc.

 

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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