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.
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Polished Concrete Market worth $3.0 billion by 2025
1. Polished Concrete Market worth $3.0 billion by 2025
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-concrete-market-28587676.html
2. Market Growth Rate
COVID-19 Impact on Global Polished Concrete Market
2025
Market Size of
$2.2 Billion
Market Size of
$3.0 Billion
2020
• The global polished concrete market is expected to witness the impact of the pandemic on its demand, in
2020-2021. In 2020, the polished concrete market has a nominal impact due to COVID-19 and expected t
o witness a nominal decline in demand in 2020.
• Moreover, due to the COVID-19, the market is being hampered owing to slowing raw material production,
supply chain disruption, hampered trade movements, declining construction demand, and reduced deman
d for new projectss.
3. Market Dynamics
Driver: Increased demand for polished concrete for flooring applications
Restraint: Volatility in raw materials prices
Opportunity: Rise in renovation and remodeling activities globally
Challenge: Environmental concerns associated with polished concrete
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4. Scope of The Report
By Type
The research report categorizes the Polished Concrete Market worth $3.0 billion by 2025 to forecast the
revenues and analyze the trends in each of the following subsegments:
•Densifier
•Sealer & Crack Filler
•Conditioner
By Method
• Dry
• Wet
By Construction Type
• New Construction
• Renovation
And More…
5. Recent Developments
This acquisition is expected to provide PPG Industries with new cross-selling o
pportunities, growth opportunities for employees, and product solutions for ne
w segments and customers.
In December 2020, PPG Industries is acquiring Tikkurila (Finland), a finish pain
t and coatings manufacturer. The acquisition is expected to close in the second
quarter of 2021. Tikkurila’s has strong and established decorative brands and p
roduct offerings in several Northern and Eastern European countries where PP
G has a minimal presence.
1
2
3
4
5
•In November 2020, Sika expands its production capacity in the United A
rab Emirates with the commissioning of a new manufacturing facility in D
ubai. In addition to concrete admixtures, epoxy resins will be produced l
ocally for the Target Market Flooring.
•Sika invested in the expansion of its manufacturing facilities at the Dub
ai site in order to increase flexibility in production, shorten delivery times,
optimize cost structures, and reduce inventories.
7. Key Vendors
• PPG Industries, Inc. (US)
• 3M Company (US)
• BASF SE (Germany)
• Boral Limited (Australia)
• The Sherwin-Williams Company (US),
and many more …
Vendors
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d-concrete-market-28587676.html
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