Global Polished Concrete Market Forecast to 2028
The Global Polished Concrete Market report presents a comprehensive analysis of the Polished Concrete market by offering valuable insights to assist the businesses and key players in formulating fruitful strategies during the forecast. The report studies the historical data to provide an assessment of key segments and sub-segments, revenue, industrial chain analysis, and demand and supply data. The report also sheds light on the technological breakthroughs and product advancements happening in the Polished Concrete market. According to the report, the Polished Concrete industry is likely to witness significant growth over the projected timeline.
The report also covers the impact of the COVID-19 pandemic on the Polished Concrete market and major segments. The pandemic has affected every industry vertical either positively or negatively. The report discusses in detail the changes in the demands and trends and the major challenges of the market created due to the pandemic. The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.
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The report presents a panoramic view of the competitive landscape of the Polished Concrete market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Polished Concrete market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
PPG Industries, Inc. (US), 3M Company (US), BASF SE (Germany), Boral Limited (Australia), The Sherwin-Williams Company (US), UltraTech Cement Limited (India), and SIKA AG (Switzerland).
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Polished Concrete market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
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Type Outlook: (Revenue, USD Billion; 2018 – 2028)
- Densifier
- Sealer & Crack Filler
- Conditioner
Method Outlook: (Revenue, USD Billion; 2018 – 2028)
- Dry
- Wet
Construction Type Outlook: (Revenue, USD Billion; 2018 – 2028)
- New Construction
- Renovation
End-use Outlook: (Revenue, USD Billion; 2018 – 2028)
- Residential
- Non-residential
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of Global Polished Concrete Market Report:
· Comprehensive analysis of the changing market dynamics
· A futuristic outlook on different factors influencing the market
· An 8-year forecast of the market growth and expected revenue growth
· Ease of understanding of the market, key segments, and their future growth
· In-depth analysis of the competitive landscape to give an advantageous edge for the companies
· Extensive insight into the market with in-depth analysis of the segmentation
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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 Compound Annual Growth Rate (CAGR) of 5.6% during the forecast year.COVID-19 impact on global polished concrete marketThe global polished concrete market is expected to witness the impact of the pandemic on its demand, in 2020-2021.
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 demand for new projects.Polished Concrete Market DynamicsDriver: Increased demand for polished concrete for flooring applicationsThe high demand for polished concrete, especially for constructing hotel flooring and other commercial buildings, is a primary factor resulting in an upsurge in demand.
This is mainly due to the widespread benefits of the polished concrete, such as good esthetic appeal to floors, along with its resistance to skidding and wear & tear caused by heavy footfall.
The cement industry is one of the key producers of carbon dioxide, a potent greenhouse gas.
For the dry concrete polishing method, the surface of the concrete is ground using commercial-scale polishing machines.
Each stage of the process requires a different abrasive polishing disk, often incorporating diamond grit, with coarser textures for earlier stages and finer ones to get the final shine.New construction segment to dominate the polished concrete market in 2019.New construction, by construction type, accounted for the largest demand for polished concrete in 2019, in terms of value and volume.
