Concrete Sealer Market Size, Share, Growth, Industry Trends, Outlook with Company Analysis, and Forecast

The concrete sealers market is expected to see substantial growth by 2027 due to the increased demand for these sealers for the purposes of flooring. These enhance the finishing and lifespan of the concrete floor, which is the primary factor driving their adoption.
Concrete sealers are applied to prevent surfaces against water damage and stains from oil, dirt, deicing salts, and other contaminants, and help improve the appearance of the surface. Owing to their wide range of applications, the concrete sealers will witness a surge in sales in developed and emerging markets.
The global concrete sealers market has been bifurcated based on product, end user, and region.
Based on product, the penetrating sub-segment generated a revenue of over $179 million in 2020. Penetrating sealers are widely used in commercial applications and are more long-lasting than some other types of sealers, such as film-forming sealers. These factors will add to the segmental growth in the analysis period.
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The silicate sub-segment held a market share of 2% in 2020 and is anticipated to exhibit a CAGR of 4.4% through the forecast period. Silicate concrete sealers are categorized as densifiers and siliconate concrete sealers are considered water repellant sealers. These sealers are more resistant to peeling, delamination, and wear than other film-forming sealers.
Silicate and siliconates are preferred for outdoor applications as they have a longer lifespan and give a more realistic and natural appearance to the surface, particularly when applied on stamped concrete, than film-forming sealers that give a glossy finish to the surface.
Based on end user, the commercial sub-segment accounted for over 33% of the global market in 2020 and is expected to witness steady growth in the assessment period due to increase usage of concrete sealers in commercial complexes such as malls and restaurants to make the floors more durable and easy to clean.
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The industrial sub-segment is one of the major end uses of the market and are extensively used in industrial premises such as warehouses and factories to protect the floors from wear resulting from heavy traffic and spillage.
Based on region, the North America concrete sealers market is estimated to record a CAGR of around 3.8% through the forecast timeframe. The regional market is projected to generate higher revenues due to the increasing investment in the local construction sector.
The Middle East & Africa concrete market contributed to 8% of the market revenue in 2020 and is expected to grow significantly in the coming years due to the increasing application of concrete sealers in the region, especially to protect floors against harsh weather conditions.
With the rising prevalence of products that are gentler on the environment than products made with toxic chemicals, recently, there has been a surge in the demand for eco-friendly concrete sealers from consumers in developed regions, which will contribute to the overall market growth in the forecast period.
Report Content
Chapter 1   Methodology and Scope
1.1    Market definitions
1.2    Base estimation & working
1.2.1    North America
1.2.2    Europe
1.2.3    Asia Pacific (APAC)
1.2.4    Latin America (LATAM)
1.2.5    Middle East & Africa (MEA)
1.3    Forecast calculations
1.3.1    COVID-19 impact calculations on industry forecast
1.4    Data sources
1.4.1    Primary
1.4.2    Secondary
Chapter 2   Executive Summary
2.1    Concrete sealer market industry 360° synopsis, 2017-2027
2.1.1    Business trends
2.1.2    Product type trends
2.1.3    Application trends
2.1.4    Regional trends
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