Concrete Sealers Market Size, Share, Trends and Forecast 2030, by Types (Acrylic Sealers, Epoxy Sealers, Polyurethane Sealers, Silicate Sealers, Silane-Siloxane Sealers) by Applications (Residential, Commercial, Industrial, Infrastructure)

Report ID :
2935

Publisher ID :
theinsightbridge

Published :
2023-06-09

Pages :
226

Purchase Option
$4500

Concrete Sealers Market Introduction

Concrete sealers are coatings applied to concrete surfaces to protect them from moisture, stains, and other types of damage. They can be used on both indoor and outdoor concrete surfaces, including floors, walls, driveways, and sidewalks. Concrete sealers come in a variety of formulations, including acrylic, epoxy, polyurethane, and penetrating sealers.The main function of concrete sealers is to provide a barrier against moisture, preventing it from penetrating the surface of the concrete and causing damage such as cracking and spalling. They also protect against stains and other types of damage caused by chemicals, oil, and other substances. Concrete sealers can also improve the appearance of concrete surfaces, enhancing the color and sheen of the material.Concrete sealers are widely used in a variety of applications, including commercial, industrial, and residential construction. They are commonly used in warehouses, factories, and other industrial facilities to protect concrete floors from heavy foot and vehicle traffic, chemicals, and other types of damage. In residential applications, concrete sealers are commonly used to protect driveways, patios, and other outdoor concrete surfaces from weathering and wear and tear.

Concrete Sealers Market Size

The global concrete sealers market size was valued at $2.8 billion in 2020 and is projected to reach $3.6 billion by 2025, at a CAGR of 5.2% between 2020 and 2025. The growth of the concrete sealers market is driven by the increasing demand for protective coatings in the construction industry, as well as the rising demand for decorative concrete applications.The increasing demand for sustainable and eco-friendly concrete sealers, which is expected to drive the growth of the market. Additionally, the growing popularity of polished concrete floors in commercial and industrial applications is expected to drive demand for concrete sealers in the coming years.Geographically, North America is the largest market for concrete sealers, followed by Europe and the Asia Pacific. The North American market is driven by the increasing demand for protective coatings in the construction industry, as well as the growth of the industrial and commercial construction sectors in the region.

Concrete Sealers Market Share

The concrete sealers market is highly fragmented with the presence of several regional and global players. Some of the key players in the market include BASF SE, Sherwin-Williams Company, PPG Industries, Inc., RPM International Inc., Sika AG, Evonik Industries AG, W. R. Meadows, Inc., Penetron International Ltd., Euclid Chemical Company, and Kryton International Inc.In terms of market share, the top players account for a significant portion of the market share, while the remaining share is distributed among other players. The market is highly competitive, with players focusing on expanding their product portfolios, improving product quality, and increasing their market reach through mergers and acquisitions, partnerships, and collaborations.The Asia-Pacific region is expected to dominate the concrete sealers market during the forecast period, followed by North America and Europe. The increasing demand for infrastructure development projects and the growing construction industry in emerging economies, such as China and India, are the major factors driving the growth of the market in the Asia-Pacific region. Additionally, the increasing adoption of green construction materials and sustainable building practices is expected to drive the demand for concrete sealers in the region.Overall, the concrete sealers market is expected to grow significantly during the forecast period, driven by the increasing demand for protective coatings for concrete structures and the growing adoption of sustainable building practices. The market is highly competitive, with players focusing on expanding their product portfolios and increasing their market reach through strategic collaborations and partnerships.

Concrete Sealers Market Trends

Here are some trends in the concrete sealers market:

  1. Increasing demand for eco-friendly and sustainable concrete sealers: Consumers are becoming more environmentally conscious and are increasingly demanding products that are eco-friendly and sustainable. Concrete sealers made from natural and renewable materials, such as soy and linseed oil, are gaining popularity due to their low environmental impact.
  2. Growing popularity of decorative concrete: Decorative concrete applications, such as stamped concrete and acid staining, are becoming increasingly popular in both residential and commercial applications. As a result, there is a growing demand for concrete sealers that can enhance and protect the appearance of decorative concrete surfaces.
  3. Technological advancements in concrete sealers: Manufacturers are investing in research and development to create new formulations of concrete sealers that are more durable, long-lasting, and provide better protection against moisture and stains. Advancements in nanotechnology are also enabling the development of concrete sealers with self-cleaning and antimicrobial properties.
  4. Increased demand from the industrial and commercial construction sectors: The industrial and commercial construction sectors are major consumers of concrete sealers, as they require protective coatings for concrete floors and walls to withstand heavy foot and vehicle traffic, chemicals, and other types of damage. As these sectors continue to grow, the demand for concrete sealers is expected to increase as well.
  5. Growth in the Asia Pacific market: The Asia Pacific region is expected to see significant growth in the concrete sealers market due to the rapid urbanization and industrialization in countries such as China and India. This growth is expected to be driven by the increasing demand for protective coatings in the construction industry, as well as the rising popularity of polished concrete floors in commercial and industrial applications.

Concrete Sealers Market Driving Factors

The following are the driving factors for the growth of the concrete sealers market:

  1. Increasing demand for protective coatings in the construction industry: Protective coatings, including concrete sealers, are essential for extending the life of concrete structures by protecting them from moisture, chemicals, and other types of damage. As the construction industry continues to grow globally, the demand for protective coatings such as concrete sealers is expected to increase.
  2. Growing popularity of decorative concrete: Decorative concrete, which includes stamped concrete and acid staining, is becoming increasingly popular in both residential and commercial applications. As a result, there is a growing demand for concrete sealers that can enhance and protect the appearance of decorative concrete surfaces.
  3. Need for sustainable and eco-friendly products: Consumers are becoming more environmentally conscious and are demanding products that are eco-friendly and sustainable. Concrete sealers made from natural and renewable materials, such as soy and linseed oil, are gaining popularity due to their low environmental impact.
  4. Technological advancements in concrete sealers: Manufacturers are investing in research and development to create new formulations of concrete sealers that are more durable, long-lasting, and provide better protection against moisture and stains. Advancements in nanotechnology are also enabling the development of concrete sealers with self-cleaning and antimicrobial properties.
  5. Growth in the industrial and commercial construction sectors: The industrial and commercial construction sectors are major consumers of concrete sealers, as they require protective coatings for concrete floors and walls to withstand heavy foot and vehicle traffic, chemicals, and other types of damage. As these sectors continue to grow, the demand for concrete sealers is expected to increase as well.
  6. Increasing urbanization and infrastructure development: As urbanization continues to increase globally, the demand for infrastructure development, including new buildings and roads, is also increasing. Concrete is a commonly used material in construction, and the demand for concrete sealers is expected to increase as well to protect these structures.

Concrete Sealers Market Regional Analysis

The global concrete sealers market is segmented into several regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Here's a regional analysis of the concrete sealers market:

  1. North America: The North American region is expected to witness significant growth in the concrete sealers market during the forecast period, driven by the growing demand for protective coatings for concrete structures and the increasing adoption of sustainable building practices. The US is the major market for concrete sealers in North America, owing to the presence of a large construction industry and increasing investments in infrastructure development projects.
  2. Europe: The European market for concrete sealers is expected to witness moderate growth during the forecast period, owing to the increasing adoption of green construction materials and the growing demand for sustainable building practices. The increasing investments in infrastructure development projects, especially in Eastern Europe, are also contributing to the growth of the market in the region.
  3. Asia-Pacific: The Asia-Pacific region is expected to dominate the concrete sealers market during the forecast period, driven by the increasing demand for protective coatings for concrete structures and the growing construction industry in emerging economies, such as China and India. The increasing adoption of sustainable building practices and green construction materials is also contributing to the growth of the market in the region.
  4. Latin America: The Latin American market for concrete sealers is expected to witness steady growth during the forecast period, owing to the increasing investments in infrastructure development projects and the growing construction industry in the region. The increasing adoption of sustainable building practices is also expected to drive the demand for concrete sealers in the region.
  5. Middle East and Africa: The Middle East and Africa market for concrete sealers is expected to witness moderate growth during the forecast period, owing to the increasing investments in infrastructure development projects and the growing construction industry in the region. The increasing adoption of sustainable building practices and green construction materials is also expected to drive the demand for concrete sealers in the region.

Overall, the global concrete sealers market is expected to witness significant growth during the forecast period, driven by the increasing demand for protective coatings for concrete structures and the growing adoption of sustainable building practices. The Asia-Pacific region is expected to dominate the market, followed by North America and Europe.

Concrete Sealers Market Forecasts 2030 

The concrete sealers market is expected to continue to grow in the coming years, with a CAGR of around 7.5% from 2021 to 2030. The following factors are expected to drive the growth of the market:

  1. Increasing demand for protective coatings in the construction industry, especially in emerging economies such as India, China, and Brazil.
  2. Growing demand for eco-friendly and sustainable concrete sealers.
  3. Advancements in technology leading to the development of more durable and long-lasting concrete sealers.
  4. Expansion of the industrial and commercial construction sectors, especially in developing countries.
  5. Increasing infrastructure development and urbanization.
  6. Growing popularity of decorative concrete in both residential and commercial applications.
  7. Increasing awareness about the benefits of concrete sealers, such as improving the durability and appearance of concrete surfaces.

Based on application, the concrete sealers market is expected to be dominated by the residential segment, due to the growing demand for decorative concrete and the increasing number of residential construction projects globally. However, the commercial segment is expected to grow at a higher rate, due to the growth of the industrial and commercial construction sectors.In terms of region, Asia-Pacific is expected to dominate the concrete sealers market, due to the high demand for construction projects in emerging economies such as China and India. However, North America and Europe are also expected to experience significant growth, due to the growing demand for eco-friendly and sustainable products and the need to protect infrastructure from harsh weather conditions.

Concrete Sealers Market Key Industry Players

The global concrete sealers market is highly fragmented, with the presence of several regional and global players. Some of the key industry players in the market include:

  1. BASF SE
  2. Sherwin-Williams Company
  3. PPG Industries, Inc.
  4. RPM International Inc.
  5. Sika AG
  6. Evonik Industries AG
  7. W. R. Meadows, Inc.
  8. Penetron International Ltd.
  9. Euclid Chemical Company
  10. Kryton International Inc.

These companies are actively involved in expanding their product portfolios, improving product quality, and increasing their market reach through mergers and acquisitions, partnerships, and collaborations. For instance, in 2020, Sika AG acquired Modern Waterproofing Group, a leading manufacturer of waterproofing and roofing systems in Egypt, to expand its presence in the Middle East and Africa region.Other notable players in the market include Seal-Krete, LLC, Prosoco, Inc., ChemMasters, Inc., The Euclid Chemical Company, and Bone Dry Products, among others.Overall, the competition in the concrete sealers market is intense, with players focusing on offering innovative products and expanding their geographical reach to gain a competitive edge in the market.

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