06-Jan-2021 | Zion Market Research
According to the analysis by Zion Market Research analysts, in 2018, the valuation of the global concrete densification & polishing material market was around USD 305 million and is projected to grow at over 5.7% CAGR during the forecast period of from 2019 to 2025. Few of the leading players in the global concrete densification & polishing material market include Flowcrete Group Ltd., Euclid Chemical Company, Canzac, W.R. Meadows Inc, Markham Global Ltd., LATICRETE International, Inc, BLENDER GROUP S.A. DE C.V., and Concrete Earth. Further, a few leading manufacturers in the market comprise The Werkmaster, Husqvarna AB, Hilti, Bosch, Changsha Honway Machinery Co., Ltd, KLINDEX, TYROLIT, Diamatic, SASE Company, LLC, and LINAX Co., Ltd.
Rising Construction In Business Places To Drive The Demand For Concrete Densification & Polishing Material
In the forecast period, the global concrete densification & polishing material market is anticipated to expand at a substantial rate. This growth can be attributed to the rising manufacture of commercial places like workplace, shopping malls, hospitals, and retail stores. In addition, the rising transitions of aged structures like railways and airports; and numerous other warehousing & manufacturing facilities are few other reasons expected to surge the demand for concrete densifications & polishing materials in the near future. Nevertheless, the global concrete densifications & polishing materials market growth is projected to be obstructed by the rising trend to utilize tiles flooring to enhance the visual look of the house. However, strict government policies in relation to the use of suitable safety measures while constructing the building is projected to provide some productive opportunities for the expansion of the global concrete densification & polishing material market in the years to come.
North America Projected To Hold The Maximum Market Share During The Forecast Period
The global concrete densification & polishing material market is segmented based on end-user, product, and region. Based on end-user, the market is categorized into residential, commercial, industrial, and institutional. Based on product, the market is bifurcated into sealers & crack fillers, densifiers & hardeners, and conditioners. Regionally, in 2018, North America was one of the main contributors recording for above 35% of the entire concrete densification & polishing market in terms of volume. It is expected to maintain its dominance owing to the rise in renovation and remodeling practices throughout the region, particularly in the residential construction sector. Further, the dominance of mature industrial sectors like food & beverage, automotive, pharmaceutical, and so on are also projected to drive the growth of the global concrete densification & polishing material in this region. Moreover, Asia Pacific is also projected to witness noteworthy growth during the forecast period on account of the rising construction sector in China, India, and Japan.
Browse the full “Concrete Densification & Polishing Material Market- By Product Type (Densifiers & Hardeners, Conditioners, Sealers & Crack Fillers), By End-User (Industrial, Residential, Institutional, Commercial Sectors)- Global Industry Perspective Comprehensive Analysis And Forecast, 2020 - 2026.” Report at https://www.zionmarketresearch.com/report/concrete-densification-polishing-material-market
The global concrete densification & polishing material market is segmented as follows:
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