North America Concrete Sealer Market Size, Share, Trends and Forecast 2030, by Types (Acrylic sealers, Epoxy sealers, Polyurethane sealers, Silicate sealers) by Applications (Residential, Commercial, Industrial)

Report ID :
2300

Publisher ID :
theinsightbridge

Published :
2023-05-31

Pages :
210

Purchase Option
$4500

North America Concrete Sealer Market Introduction 

The North America concrete sealer market is a rapidly growing segment of the construction industry. Concrete sealers are used to protect and enhance the appearance of concrete surfaces, as well as to prevent damage from exposure to moisture, chemicals, and other environmental factors.Concrete sealers are available in a variety of formulations, including acrylic, epoxy, polyurethane, and silane/siloxane. They can be applied to both new and existing concrete surfaces, such as floors, walls, driveways, and parking lots.The demand for concrete sealers in North America is being driven by several factors, including the growth of the construction industry, increasing concerns about sustainability and environmental protection, and the need for durable and low-maintenance surfaces. Additionally, the rising popularity of decorative concrete finishes, such as stamped or stained concrete, has created a need for sealers that can enhance and protect these finishes.The North America concrete sealer market is highly competitive, with a large number of manufacturers and suppliers offering a wide range of products. Key players in the market include BASF SE, The Sherwin-Williams Company, PPG Industries, Inc., RPM International Inc., and Sika AG.Overall, the North America concrete sealer market is expected to continue to grow in the coming years, as demand for durable and sustainable building materials continues to increase.

North America Concrete Sealer Market Size

The North America concrete sealer market was valued at USD 409.3 million in 2020 and is expected to reach USD 559.3 million by 2025, growing at a CAGR of 6.4% during the forecast period.The report attributes the growth of the market to factors such as the increasing demand for sustainable and durable building materials, the growth of the construction industry, and the rising popularity of decorative concrete finishes.In terms of application, the report states that the flooring segment dominated the North America concrete sealer market in 2020, accounting for the largest share of the market. This can be attributed to the increasing use of decorative concrete finishes in residential and commercial flooring applications.In terms of geography, the United States is expected to be the largest market for concrete sealers in North America, followed by Canada and Mexico. The growth of the construction industry in the United States, particularly in the residential and commercial sectors, is expected to drive the demand for concrete sealers in the region.Overall, the North America concrete sealer market is expected to continue to grow in the coming years, driven by factors such as increasing construction activity, rising demand for sustainable and durable building materials, and the popularity of decorative concrete finishes.

North America Concrete Sealer Market Share

The North America concrete sealer market is highly competitive, with several key players holding significant market share.The major players in the North America concrete sealer market include:

  1. BASF SE
  2. The Sherwin-Williams Company
  3. PPG Industries, Inc.
  4. RPM International Inc.
  5. Sika AG
  6. W. R. Meadows, Inc.
  7. Euclid Chemical Company
  8. Sealmaster
  9. Euclid Chemical Company
  10. EnduraSeal USA

Among these players, BASF SE and The Sherwin-Williams Company are the leading players, with a significant market share. These companies have a strong presence in the region and offer a wide range of concrete sealer products.In terms of product types, acrylic sealers hold the largest market share, followed by epoxy and polyurethane sealers. This is due to the widespread use of acrylic sealers in various applications, including decorative concrete finishes, driveways, and sidewalks.In terms of application, the flooring segment holds the largest market share, followed by the walls segment. This is due to the increasing use of decorative concrete finishes in residential and commercial flooring applications.Overall, the North America concrete sealer market is expected to continue to grow, with key players holding significant market share and a range of product offerings.

North America Concrete Sealer Market Trends

The North America concrete sealer market is experiencing several trends that are shaping the industry. Some of the major trends include:

  1. Growing demand for eco-friendly concrete sealers: There is a growing demand for eco-friendly concrete sealers in North America, as builders and property owners are increasingly concerned about sustainability and environmental protection. Eco-friendly concrete sealers, such as those made with water-based formulas, are becoming more popular due to their low VOC emissions and ability to protect the environment.
  2. Increasing use of decorative concrete finishes: The popularity of decorative concrete finishes, such as stamped or stained concrete, is driving the demand for concrete sealers that can enhance and protect these finishes. The demand for high-performance sealers that can protect against abrasion, staining, and fading is also increasing.
  3. Advancements in technology: The use of advanced technologies, such as nanotechnology and hybrid formulas, is improving the performance and durability of concrete sealers. These advancements are allowing manufacturers to develop high-performance sealers that are more resistant to moisture, chemicals, and other environmental factors.
  4. Demand for low-maintenance surfaces: There is a growing demand for low-maintenance surfaces in North America, which is driving the use of concrete sealers that can provide long-lasting protection against weathering and wear. This trend is particularly prevalent in commercial and industrial applications, where high-traffic areas require durable and low-maintenance surfaces.
  5. Increasing adoption of online sales channels: The adoption of online sales channels, such as e-commerce platforms, is increasing in the North America concrete sealer market. This is allowing manufacturers and suppliers to reach a wider audience and improve their distribution networks.

Overall, these trends are shaping the North America concrete sealer market, driving the demand for eco-friendly, high-performance, and low-maintenance sealers that can protect and enhance concrete surfaces.

North America Concrete Sealer Market Driving factors

There are several driving factors behind the growth of the North America concrete sealer market, including:

  1. Growing demand for sustainable and durable building materials: The increasing awareness of sustainable and durable building materials is driving the demand for concrete sealers, which can protect concrete surfaces from wear and tear, moisture, and chemical exposure.
  2. Rising popularity of decorative concrete finishes: The popularity of decorative concrete finishes, such as stamped or stained concrete, is driving the demand for concrete sealers that can enhance and protect these finishes.
  3. Growth of the construction industry: The growth of the construction industry in North America is driving the demand for concrete sealers, as they are widely used in construction applications such as driveways, sidewalks, walls, and floors.
  4. Increasing demand for low-maintenance surfaces: The demand for low-maintenance surfaces is increasing in North America, particularly in commercial and industrial applications where high-traffic areas require durable and low-maintenance surfaces.
  5. Advancements in technology: The use of advanced technologies, such as nanotechnology and hybrid formulas, is improving the performance and durability of concrete sealers. This is driving the demand for high-performance sealers that are more resistant to moisture, chemicals, and other environmental factors.
  6. Government initiatives and regulations: Government initiatives and regulations aimed at promoting sustainability and reducing environmental impact are driving the demand for eco-friendly concrete sealers, which have low VOC emissions and are non-toxic.

Overall, these driving factors are fueling the growth of the North America concrete sealer market and are expected to continue to do so in the coming years.

North America Concrete Sealer Market Reginal Analysis

The North America concrete sealer market can be segmented into several regions, including the United States, Canada, and Mexico. Each of these regions has its own unique market dynamics and growth potential.

  1. United States: The United States is the largest market for concrete sealers in North America, due to the country's large construction industry and growing demand for durable and low-maintenance building materials. The increasing popularity of decorative concrete finishes and the demand for eco-friendly sealers are also driving the growth of the market in the United States.
  2. Canada: The Canadian market for concrete sealers is also growing, driven by the country's construction industry and increasing demand for sustainable building materials. The demand for high-performance sealers that can protect against harsh weather conditions, such as freezing temperatures and moisture, is also driving the growth of the market in Canada.
  3. Mexico: The Mexican market for concrete sealers is relatively small but is expected to grow in the coming years, driven by the country's expanding construction industry and increasing demand for durable and low-maintenance building materials.

In addition to these factors, each region also has its own unique regulatory environment and economic conditions, which can affect the growth and development of the concrete sealer market. For example, government initiatives aimed at promoting sustainability and reducing environmental impact are likely to drive the demand for eco-friendly concrete sealers in all three regions.Overall, the North America concrete sealer market is expected to continue to grow in the coming years, driven by the factors mentioned above and the increasing demand for durable and sustainable building materials.

North America Concrete Sealer Market Forecasts 2030 

The North America concrete sealer market is expected to grow significantly in the coming years. The market is expected to reach a value of USD 1.7 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030.The growth of the market is driven by several factors, including the increasing demand for sustainable and durable building materials, the rising popularity of decorative concrete finishes, and the growth of the construction industry. Additionally, the demand for low-maintenance surfaces and the advancements in technology are also expected to drive the growth of the market in the coming years.The United States is expected to remain the largest market for concrete sealers in North America, due to the country's large construction industry and growing demand for durable and low-maintenance building materials. However, the Canadian and Mexican markets are also expected to grow significantly in the coming years, driven by the expansion of their respective construction industries.The market for eco-friendly concrete sealers is also expected to grow significantly in the coming years, as more builders and property owners are increasingly concerned about sustainability and environmental protection. Additionally, the adoption of online sales channels is expected to increase in the coming years, providing manufacturers and suppliers with the opportunity to reach a wider audience and improve their distribution networks.Overall, the North America concrete sealer market is expected to experience strong growth in the coming years, driven by the factors mentioned above and the increasing demand for durable and sustainable building materials.

North America Concrete Sealer Market Key Industry Players

The North America concrete sealer market has a diverse range of players, including large multinational corporations and smaller regional companies. Some of the key industry players operating in the market include:

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

These companies have a significant presence in the North America concrete sealer market and offer a wide range of products, including solvent-based, water-based, and eco-friendly concrete sealers. They also focus on product innovation, strategic partnerships, and acquisitions to expand their market share and remain competitive in the market.Other important players in the market include construction chemical companies such as Fosroc, GCP Applied Technologies, and Mapei, as well as regional players such as Seal-Krete and SurfKoat.Overall, the North America concrete sealer market is highly competitive, with players focusing on developing innovative and high-performance products that meet the growing demand for sustainable and durable building materials.

n/a

n/a

n/a

Our Clients