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Showing posts with the label Polished Concrete Market

Polished Concrete Market is Foreseen to Grow Exponentially by 2025

  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. Browse 135 market data Tables and 52 Figures spread through 161 Pages and in-depth TOC on  "Polished Concrete Market by Type (Densifier, Sealer & Crack Filler, Conditioner), Method (Dry, Wet), Construction Type (New Construction, Renovation), End-use Sector (Residential, Non-residential), and Region - Global Forecast to 2025" In terms of value & volume, densifier is estimated to lead the polished concrete market in 2019. Densifiers, by type, accounted for the largest market share in the polished concrete market. The growth of the densifier segment can be attributed to the benefits it offers, such as protection to the concrete flooring system against chemical attack, staining, permeable fluids, wear, and degradation. The densifier is widely preferred and demand...

Polished Concrete Market by Type, Method, Construction Type, and Region 2020 to 2025

  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 market 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 to 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 demand for new projects. Polished Concrete Market Dynamics Driver: Increased demand for polished concrete for flooring applications The high demand for polished concrete, especially for constructing hotel flooring and other commercial buildings, is a primary factor resulting in an upsurge i...