Concrete Sealer Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

The Business Research Company’s Concrete Sealer Global Market Report 2022: Market Size, Trends, And Forecast To 2026

LONDON, GREATER LONDON, UNITED KINGDOM, May 16, 2022 /EINPresswire.com/ -- The development of technologically advanced, premium and thin-layer polyurethane concrete sealers are one of the key concrete sealer market trends gaining popularity. Technological advancement is the discovery of knowledge that contributes to growth, shaping the concrete sealer market outlook. For instance, in 2020, Sika flooring and coating solutions contributed to the worldwide flooring construction material technology and developed "PU/PUA Hybrid", a new technology for carpark coatings, and also "Sikafloor 261", the first self-leveling floor upright application process.
Growing construction spending in emerging economies is expected to propel the concrete sealer market growth. Evidence is present to prove the existence of a positive relationship between economic growth and the level of construction activities in developing countries. Based on a study of United Nations time series data, comparisons are made for three groups of countries, classified according to the World Bank, in order to investigate the relationship between rapid economic growth and construction activities in growing economies. It has proved that emerging economies appear to be catching up to the built asset wealth of more developed economies. Therefore, the growing construction spending in emerging economies is driving the growth of the concrete sealer market.

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The global concrete sealer market size is expected to grow from $1.07 billion in 2021 to $1.13 billion in 2022 at a compound annual growth rate (CAGR) of 5.66%. The growth in the market is mainly due to the companies' resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global concrete sealers market share is expected to reach $1.56 billion in 2026 at a CAGR of 8.34%.

Major players covered in the global concrete sealer industry are Curecrete Distribution (Ashford Formula and RetroPlate), Prosoco, Evonik, BASF, SealSource, AmeriPolish, LYTHIC, W. R. Meadows, Larsen, KreteTek Industries, Kimbol Sealer, Stone Technologies, Laticrete International, Nutech Paint, NewLook, Euclid Chemical, Henry Company, Chem Tec, Mapei, Nanofront, Suzhou Jinrun, Guangzhou Ontop Building Material, PPG Industries, Valspar Corporation, Omnova Solutions, Sika AG, FiberTite, Seaman Corporation, Xypex Chemical Corp., PPG Architectural Finishes, Incorporated-PPG Paints, and Kelly-Moore Paints.

TBRC’s global concrete sealer market segments is divided by function into topical, penetrating, by product into silicate sealers, silane siloxane sealers, acrylics sealers, epoxy sealers, other, by application into residential, commercial, industrial.

Concrete Sealer Global Market Report 2022 – By Function (Topical, Penetrating), By Product (Silicate Sealers, Silane Siloxane Sealers, Acrylics Sealers, Epoxy Sealers, Other), By Application (Residential, Commercial, Industrial) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a concrete sealer market overview, forecast concrete sealer market size and growth for the whole market, concrete sealer market segments, geographies, concrete sealer market trends, concrete sealer market drivers, concrete sealer market report, restraints, leading competitors’ revenues, profiles, and market shares.

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