Concrete Sealer Market: Industry Analysis and Forecast (2024-2030) by Product Type and Application

  •  Concrete Sealer Market size was valued at US $ 2.06 Billion in 2023 and the total Market revenue is expected to grow at 7.1% through 2024 to 2030, reaching nearly US $ 3.34 Billion.

  • Format : PDF | Report ID : SMR_669

Concrete Sealer Market Overview:

Concrete Sealer Market report examines the market’s growth drivers as well as its segments (Application, Product Type and Region). Data has been provided by market participants, and regions (North America, APAC, Europe, MEA, and South America). This market study takes an in-depth look at all of the significant advancements that are currently occurring across all industry sectors. To provide key data analysis for the historical period (2018-2022), statistics, and presentations are used. The report examines the Concrete Sealer Market Drivers, Restraints, Opportunities, and Challenges. This SMR report includes investor recommendations based on a detailed analysis of the current competitive landscape of the Concrete Sealer Market.

The COVID-19 pandemic had a drastic impact on the construction industry worldwide. Global lockdowns led the markets to come to a grinding halt. This led to the demand for Concrete Sealer Market to drop drastically and the Concrete Sealer Market across residential and non-residential segments. With the world reopening and global trade resuming, the market size is expected to make a promising recovery in the forecast period.

 

Concrete Sealer Market

 

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Concrete Sealer Market Dynamics:

The Concrete Sealer Market is driven by investments in infrastructure and construction projects. In the past, regulations regarding construction and increasing interest in aesthetics and usage of different construction materials led to the growth of the market.

 

The rise in disposable incomes:

 

Consumers are likely to invest in premium building materials and infrastructure leading to the growth of the Concrete Sealer Market. Combined with low mortgage rates and loans readily available for the same, further leads to a promising trajectory of growth in the Concrete Sealer Market.

 

Non-Residential Segment key driver:

 

The need for robust, leakproof and fire safety authorised buildings combined with aesthetics and premium looks have led to the increase in demand and therefore growth of the Concrete Sealer Market. This, therefore, forms one of the key drivers of the market.

 

Concrete Sealer Market Segment Analysis:

By Application, the Concrete Sealer Market is segmented into Residential and Non-Residential sectors based on application. The non-residential sector contributes the most to the growth of the Concrete Sealer Market. This is because of the sheer number of commercial, industrial and other applications of concrete sealers used in the segment to make the buildings robust and waterproof. This is followed by the residential sector where the rise in demand for premium building materials demonstrates a promising growth of the market in the forecast period.

 

By Product Type, The Concrete Sealer Market is segmented based on the product type into penetrating sealers segment, acrylic concrete, polyurethane sealers and epoxy sealers. The penetrating sealers dominate the Concrete Sealer Market at 35% market share. These sealers have an aesthetic look while providing protection to concrete, therefore, leading to wide space applications in residential buildings and offices. The acrylic concrete sealers are the next biggest drivers of the Concrete Sealer Market as they provide robust protection to concrete against water and chloride spills while allowing the exchange of moisture. This low cost-high demand feature makes for a favouring option for the consumers.

 

Concrete Sealer Market

 

Concrete Sealer Market Regional Outlook:

The Asia Pacific region is expected to contribute the most to the market in 2023 and is predicted to continue doing so during the forecast period. This is because of countries such as China and India invest heavily in their already massive construction investments. Moreover, urbanisation and industrialisation have led to the growth in the Concrete Sealer Market in the region.

 

The growing need for residential accommodation is the driving factor for growth in the North America Region. In addition, heavy industrialisation and the demand for new and improved infrastructure have led to the growth of the Concrete Sealer Market in the region.

 

The report provides Porter’s Five Forces Model that will aid enterprise decision makers to develop their long-term strategies and marketing positions. It identifies the key competitors, their positioning and how their products perform and are perceived by the customers. Through expert analysts’ opinion, the report provides consultation on the difficulty of entering the market for new players.

 

 Further the report provides PESTEL Analysis which will help the company tailor the overall strategies for market activities. The analysis takes into consideration various environmental variables that are crucial for the development of the market position of the company such as government funding and other political variables. Therefore, this analysis helps the stakeholder evaluate the challenges and opportunities in a holistic way.

 

Concrete Sealer Market Scope:

Concrete Sealer Market 

Market Size in 2023

USD 2.06 Bn.

Market Size in 2030

USD 3.34 Bn.

CAGR (2024-2030)

7.1%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By Product Type

  • Penetrating Sealers
  • Acrylic Concrete Sealers
  • Polyurethane Sealers
  • Epoxy Sealers

By Application

  • Residential
  • Infrastructure

 

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Concrete Sealer Market Key Players:

  • Curecrete Distribution Inc.(US)
  • BASF SE(Germany)
  • PPG Industries, Inc.(US)
  • Evonik Industries AG(Germany)
  • Valspar Corporation(US)
  • Prosoco Corporation(US)
  • Seal Source Inc.(US)
  • Omnova Solutions(US)
  • Laticrete International, Inc.(US)
  • Sika AG(Switzerland)
  • Arkema(France)
  • Mapei Construction Products(India)
  • Vexcon Chemicals(US)
  • Euclid Chemicals(Canada)
  • Henry Company(US)


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Frequently Asked Questions

The predicted Compounded Annual Growth Rate for the forecast period of 2024-2030 is 7.1%.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Concrete Sealer Market: Target Audience
    • Concrete Sealer Market: Primary Research (As per Client Requirement)
    • Concrete Sealer Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Market Share Analysis by Region in 2023(%)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • South America
    • Stellar Competition matrix
      • Global Stellar Competition Matrix
      • North America Stellar Competition Matrix
      • Europe Stellar Competition Matrix
      • Asia Pacific Stellar Competition Matrix
      • South America Stellar Competition Matrix
      • Middle East and Africa Stellar Competition Matrix
    • Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Market Challenges
      • PESTLE Analysis
      • PORTERS Five Force Analysis
      • Value Chain Analysis
  5. Concrete Sealer Market Segmentation
    • Concrete Sealer Market, by region (2023-2030)
      • North America
      • Europe
      • Asia-Pacific
      • Middle East & Africa
      • South America
    • Concrete Sealer Market, by Product Type (2023-2030)
      • Penetrating Sealers
      • Acrylic Concrete Sealers
      • Polyurethane Sealers
      • Epoxy Sealers
    • Concrete Sealer Market, by Application (2023-2030)
      • Residential
      • Infrastructure
  6. North America Concrete Sealer Market Segmentation
    • North America Concrete Sealer Market, by Product Type (2023-2030)
    • North America Concrete Sealer Market, by Application (2023-2030)
    • North America Concrete Sealer Market, by Country (2023-2030)
  7. Europe Concrete Sealer Market Segmentation
    • Europe Concrete Sealer Market, by Product Type (2023-2030)
    • Europe Concrete Sealer Market, by Application (2023-2030)
    • Europe Concrete Sealer Market, by Country (2023-2030)
  8. Asia Pacific Concrete Sealer Market Segmentation
    • Asia Pacific Concrete Sealer Market, by Product Type (2023-2030)
    • Asia Pacific Concrete Sealer Market, by Application (2023-2030)
    • Asia Pacific Concrete Sealer Market, by Country (2023-2030)
  9. Middle East and Africa Concrete Sealer Market Segmentation
    • Middle East and Africa Concrete Sealer Market, by Product Type (2023-2030)
    • Middle East and Africa Concrete Sealer Market, by Application (2023-2030)
    • Middle East and Africa Concrete Sealer Market, by Country (2023-2030)
  10. South America Concrete Sealer Market Segmentation
    • South America Concrete Sealer Market, by Product Type (2023-2030)
    • South America Concrete Sealer Market, by Application (2023-2030)
    • South America Concrete Sealer Market, by Country (2023-2030)
  11. Company Profiles
    • Key Players
      • Curecrete Distribution Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • BASF SE(Germany)
      • PPG Industries, Inc.(US)
      • Evonik Industries AG(Germany)
      • Valspar Corporation(US)
      • Prosoco Corporation(US)
      • Seal Source Inc.(US)
      • Omnova Solutions(US)
      • Laticrete International, Inc.(US)
      • Sika AG(Switzerland)
      • Arkema(France)
      • Mapei Construction Products(India)
      • Vexcon Chemicals(US)
      • Euclid Chemicals(Canada)
      • Henry Company(US)
  12. Key Findings
  13. Recommendations

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