Global Commercial Building Polished Concrete Market Growth (Status and Outlook) 2023-2029
The global Commercial Building Polished Concrete market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
One of the main reasons for the increase in demand for polished concrete is the strong demand for hotel floors and other commercial structure buildings. This is mainly due to several benefits of polished concrete, including good visual appeal of the floor as well as resistance to sliding and wear with high human traffic. Demand is expected to grow significantly in the Asia-Pacific region, as well as in the Middle East and Africa. Demand for polished concrete is likely to increase due to heavy investment in housing development and rapid industrialization in these developing countries. The increased aesthetic appeal of a building or facility is expected to drive the demand for market size in polished concrete.
The cost of raw materials and energy used to manufacture polished concrete is volatile and this trend is expected to continue over the forecast period. The cost of raw materials may increase due to fluctuations in the price of crude oil and petroleum products, thereby increasing the cost of cement, sealants and adhesives used in polished concrete. Thus, the cost of these components has a direct impact on the cost of polishing concrete. Suppliers have increased the price of their product margins in response to rising raw material costs, limiting the market share growth potential of polished concrete."
LPI (LP Information)' newest research report, the “Commercial Building Polished Concrete Industry Forecast” looks at past sales and reviews total world Commercial Building Polished Concrete sales in 2022, providing a comprehensive analysis by region and market sector of projected Commercial Building Polished Concrete sales for 2023 through 2029. With Commercial Building Polished Concrete sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Building Polished Concrete industry.
This Insight Report provides a comprehensive analysis of the global Commercial Building Polished Concrete landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Building Polished Concrete portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Building Polished Concrete market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Building Polished Concrete and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Building Polished Concrete.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Building Polished Concrete market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Densifiers
Sealers & Crack Fillers
Conditioners
Segmentation by application
Hotel
Office Building
Warehouse
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PPG Industries
3M Company
BASF SE
Sika AG
Ultra Tech Cement Limited
The Sherwin Williams Company
Boral Limited
Solomon Colors
Vexcon Chemicals
Please note: The report will take approximately 2 business days to prepare and deliver.