Concrete Sealers Market By Function Type (Topical and Penetrating), By Materials (Acrylic, Epoxy, Silicates, Silane, Siloxane and Others), By End-Users (Residential, Commercial, Industrial and Others) and By Geography – Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023
- March, 2018
- Domain: Chemicals, Materials & Food - Specialty Chemicals,Adhesive & Sealants
Pages:
135
Tables:
85
Charts:
75
Regions/Countries:
4 / 9
Companies:
10
Enquiry Hours:
10
- Get Free 10% Customization in this Report
Concrete sealers are the materials used to protect the overall surface of the concrete. The material helps provide better efficiency, visual enhancement, and surface protection. It is applied on top of the surface. It can be applied to dry or damp surfaces to match the substrate porosity to effectively penetrate the surface and react.
Research Methodology
The concrete sealers market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology, wherein our industry experts and panel of primary participants helped in compiling the realistic parametric estimations. The participation share of the different categories of primary participants is given below:
Key Market Insights
Concrete sealers provide visual enhancement as well as topical protection from stains and chemicals. Additionally, these sealers bond active ingredients within the substrate that blocks surface moisture and provide longer life to concrete surfaces. There are two main categories today, topical sealers and penetrating sealers.
Concrete sealers, based on their chemistries include acrylic, epoxy, polyurethane (PU), silicates, and siloxanes among others. These sealers form a protective sheet on the surface and enhances the visual appeal of the overall surface. Due to their decorative and visual enhancement and potential stain and chemical resistance, they are a preferred choice for many applications.
The increase of stringent regulations toward building protection coupled with aesthetic appeal in certain instances under diverse service conditions, has helped the concrete sealers market to expand in the last few years. The developing countries such as India and China are major markets for construction, promising growth potential for the concrete sealers market and have the maximum demand. Asia Pacific is leading the global concrete sealer market owing to the advantage of having bigger market share for the advanced building & construction technology. European countries are also developing high demand following Asia Pacific owing to the higher consumer acceptance and large construction units. North America is the third largest market for concrete sealers because of heavy industrialization and consumer acceptance. Large infrastructure and high consumer spending in North America and Europe are factors responsible for increasing the market of concrete sealers in these regions.
Within the various end-user areas, the residential sector is a highly prominent one, dominating the market across regions. This is because of its high adoption rate and ease of application. The commercial sector is also expected to catch up during the forecast period due to its decorative properties and increasing government interventions.
The study of the global concrete sealer market provides market size information and market trends along with the factors and parameters impacting the market both short term and long term. The study ensures a 360° view, bringing out the key insights of the industry in detail. These insights will help the business decision-makers to devise better plans and take informed decisions for future profitability and growth of their businesses. In addition, the study helps venture capitalists in understanding the companies better and take intelligent decisions.
According to Infoholic Research, the global concrete sealer market is expected to grow at a CAGR of 7.1% during the forecast period and reach $66.82 billion by 2023. The acrylic based concrete sealer is expected to maintain global dominance, which is currently driven by China. Asia Pacific is expected to contribute the highest toward the global concrete sealer market during the forecast period. Some of the key players in the concrete sealer market are Evonik Industries, Sika AG, Arkema, and Axalta Coating systems.
Report Scope:
- Function Type
- Topical
- Penetrating
- Materials
- Acrylic
- Epoxy
- Silicates
- Silane
- Siloxane
- Others
- End-Users
- Residential
- Commercial
- Industrial
- Others
- Regions
- Asia Pacific
- Europe
- North America
- Rest of the World
- Industry outlook: Market trends, drivers, restraints, and opportunities
1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-house Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declaration
1.6 Report Assumptions
1.7 Stakeholders
2 Executive Summary
2.1 Asia Pacific is Measuring Successful Growth with Growing Domestic Sealing Market Utilization
2.2 Increasing demand for Accommodation along with rising income level Creates a Surge in the global Residential Industry
3 Market Positioning
3.1 Total Addressable Market (TAM): Construction Chemicals
3.1.1 Market Overview
3.1.2 Major Trends
3.2 Segmented Addressable Market
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis
5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Progress in various economy with increasing income level of the people boosting the demand
5.2.1.2 Technological advancements attribute the growth in the sealer market
5.2.2 Restraints
5.2.2.1 Lack of awareness about benefit of the sealers
5.2.2.2 High product cost
5.2.3 Opportunities
5.2.3.1 Regulations that driving the industry growth
5.2.3.2 Large potential markets in the global construction sector
5.2.4 DRO – Impact Analysis
6 Functions: Market Size and Analysis
6.1 Overview
6.2 Topical
6.3 Penetrating
6.4 Vendor Profiles
6.4.1 Evonik Industries AG
6.4.2 Axalta Coating Systems Ltd.
6.4.3 Sika AG
6.4.4 Arkema
6.4.5 Sherwin-William Inc.
(Overview, business unit, geographic revenue, product profile, recent developments, business focus, SWOT analysis and business strategies have been covered for all vendors)
6.5 Customers Profile
6.5.1 ACS Group
6.5.2 VINCI Corporation
6.5.3 CEMEX
6.5.4 PCL Construction
6.5.5 Skanska
(Overview, business unit, geographic revenue, recent developments, business focus, SWOT analysis and business strategies have been covered for all customers)
7 Materials: Market Size and Analysis
7.1 Overview
7.2 Acrylic
7.3 Epoxy
7.4 Silicates
7.5 Silane
7.6 Siloxane
8 End-Users: Market Size and Analysis
8.1 Overview
8.2 Residential
8.3 Commercial
8.4 Industrial
9 Regions: Market Size and Analysis
9.1 Overview
9.2 Asia Pacific
9.2.1 Asia Pacific Market, By Countries
9.2.2 Asia Pacific Market, By Function Types
9.2.3 Asia Pacific Market, By Materials
9.2.4 Asia Pacific Market, By End-Users
9.3 Europe
9.3.1 Europe Market, By Countries
9.3.2 Europe Market, By Function Types
9.3.3 Europe Market, By Materials
9.3.4 Europe Market, By End-users
9.4 North America
9.4.1 North America Market, By Countries
9.4.2 North America Market, By Function Types
9.4.3 North America Market, By Materials
9.4.4 North America Market, By End-users
9.5 Rest of the World
9.5.1 Rest of the World, By Regions
9.5.2 Rest of the World Market, By Function Types
9.5.3 Rest of the World Market, By Materials
9.5.4 Rest of the World Market, By End-Users
10 Companies to Watch for
10.1 PROSOCO: Overview
10.1.1 Company launches Consolideck® LS® a premium concrete sealer
10.2 AXALTA Expansion of its Epoxy based Coating (Topical based concrete sealers) Product Line
11 Competitive Landscape
11.1 Competitor Comparison Analysis
11.2 Market Landscape
11.2.1 Mergers, Acquisitions & Joint Ventures
11.2.2 Expansion
11.2.3 Exhibition & Product Launch
11.2.4 Agreement & Partnership
11.2.5 Awards & Recognition
12 Expert’s Views
Annexure
Abbreviations
Research Framework
Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
Market related information is congregated from both primary and secondary sources.
Primary sources
involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Secondary sources
include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.
