CONCRETE SEALER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The concrete sealer market is estimated to be valued at USD 2.06 Bn in 2024, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.The concrete sealer market has been growing steadily over the past few years. Concrete sealers are protective coatings applied to concrete surfaces to prevent damage from chemicals, moisture, UV light, and abrasion. They enhance the appearance of concrete and protect it from dirt and stains. Rising construction activities across both residential and non-residential sectors along with growing repair and restoration projects have been fueling the demand for concrete sealers. Furthermore, increasing investments in infrastructure development especially in developing regions of Asia Pacific and Latin America have widened the scope of applications for concrete sealers. Various types of concrete sealers such as solvent-based, water-based, and others are available which offers designers and architects flexibility in terms of application as per project requirements. The market is expected to continue growing in coming years driven by growth in end-use industries.

 Market Dynamics:

The concrete sealer market is primarily driven by rapid urbanization and rising industrial and infrastructure development activities across the globe. Growth in construction sectors in emerging countries due to increasing foreign investments favors the market growth. Growing repairs and maintenance activities of existing concrete structures especially in developed regions further contributes to the demand for concrete sealers. Various benefits offered by concrete sealers such as enhancement of concrete aesthetics, prevention of damages, ease of cleaning, and stain protection drives their increasing preference over bare concrete. Chemically-resistant and moisture-proof properties of concrete sealers makes them suitable for applications in industrial facilities. However, volatility in prices of raw materials can hamper the market growth. Development of bio-based and green concrete sealers presents growth opportunities for players. North America and Europe currently hold a major share of the market, however fastest growth is expected in Asia Pacific due to surge in infrastructure spending in countries like China and India.

 Key Features of the Study:

• This report provides an in-depth analysis of the global concrete sealer market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global concrete sealer market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Curecrete Distribution Inc., BASF SE, PPG Industries, Inc., Evonik Industries AG, Valspar Corporation, Prosoco Corporation, Seal Source Inc., Omnova Solutions, Laticrete International, Inc., Sika AG, Concept Concrete Enterprises, Surie Polex, XETEX Industries, Surfkoat, Ugam Chemicals, W. R. Meadows, Inc.,, Mapei Corporation,, Prosoco Corporation, Valspar, and Royal Associates
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global concrete sealer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global concrete sealer market

Market Segmentation

• Type:
• • Pertaining Sealers
  • Acrylic
  • Epoxy
  • Others (Polyurethane, etc.)
• Application:
• • Residential
  • Non-residential
• Regional:
• • North Americas
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Curecrete Distribution Inc.
  • BASF SE
  • PPG Industries, Inc.
  • Evonik Industries AG
  • Valspar Corporation
  • Prosoco Corporation
  • Seal Source Inc.
  • Omnova Solutions
  • Laticrete International, Inc.
  • Sika AG
  • Concept Concrete Enterprises
  • Surie Polex
  • XETEX Industries
  • Surfkoat
  • Ugam Chemicals
  • W. R. Meadows, Inc.,
  • Mapei Corporation,
  • Prosoco Corporation
  • Valspar
  • Royal Associates