Latest updates on Concrete Densification & Polishing Material market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.
Rising construction activities all over the world will trigger the demand for concrete densification & polishing material and equipment during the forecast time span. Especially, rising dominance of the developing nations in global construction activities will create positive outlook for the market demand. The contribution of BRICS nations in global construction sector is likely to reach USD 8 trillion by 2024. Also, infrastructure projects undertaken by various countries for the purpose of urbanization will be a significant factor for market growth in future.
Concrete densification & polishing material and equipment are used in various sectors such as residential, commercial, industrial and institutional. These materials provide additional strength and protection to floors from various contaminants such as moisture and oil, and polishing materials improve the floor appearance, providing it a lustrous effect. Densified and polished concrete is extremely durable, cost-efficient and requires low maintenance.
Concrete Densification & Polishing Material Market will cross USD 450 Million at the end of 2025. Concrete Densification & Polishing Equipment Market will surpass USD 2 Billion by 2025, as per a research conducted.
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Concrete densification & polishing material market is classified on the basis of two categories viz. end-user and product. The materials are used in various end-user sectors including residential, institutional, commercial and industrial. By 2025, residential segment will contribute more than 25% volume share. Countries like China and India will experience tremendous growth in development of residential buildings, driving the product demand.
Based on products, it has three sub-categories including densifiers and hardeners, sealers and crank fillers, and conditioners. Sealers and crank fillers will capture around 15% market in terms of revenue by 2025.
The market will witness competition from the floor tiles, granite, and other stones, as they provide superior quality finish on the floors, although at significantly higher costs.
Concrete densification & polishing equipment market is divided into three sub-categories viz. hand-held, ride on and walk behind floor grinder and polishing machines. Walk behind floor grinder and polishing machine market is likely to generate over USD 1 billion during the forecast time span.
Concrete densification & polishing equipment market in North America is expected to grow with CAGR exceeding 3.5% due to development of infrastructure projects over the forecast period. Asia Pacific, being the fastest growing region will surpass USD 750 Million by 2025 in terms of equipment. This region will witness increase in residential and commercial construction activities due to population growth.
Major Highlights from Table of contents are listed below for quick lookup into Concrete Densification & Polishing Material Market report
Chapter 1. Methodology and Scope
- Definitions & forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2. Executive Summary
- Business trends of Concrete Densification & Polishing Material Market
- Product trends
- Application trends
Chapter 3. Concrete Densification & Polishing Material Industry Insights
- Concrete Densification & Polishing Material Market Industry segmentation
- Industry landscape
- Analysis of Manufacturers in the Concrete Densification & Polishing Material industry
- Distribution channel analysis
- End-use landscape
- Vendor matrix
- Concrete Densification & Polishing Material Market Technology & innovation landscape
- Industry impact forces
- Concrete Densification & Polishing Material Market Growth drivers
- Industry pitfalls & challenges
- Key trends by Segments
Chapter 4. Company Profiles
- Business Overview of Concrete Densification & Polishing Material Market Companies
- Financial Data
- Product Landscape
- Strategic Outlook and Decisive Analysis of companies in Concrete Densification & Polishing Material Market
- SWOT Analysis
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