Press Release

Global Concrete Sealer Market is Expected to Reach 420 million US$ by the end of 2025

Date : Oct 23, 2018

New report published by Global QYResearch which offers insights on the global Concrete Sealer market. The Concrete Sealer market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Concrete Sealer is expected to reflect a 1.6x increase in the revenue growth. In 2017 the global Concrete Sealer market was valued at US$ 260 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 420 Mn growing at a value CAGR of 6.5% throughout the period of forecast.

Applications of Concrete Sealer are anticipated to create new business segments in the market. Concrete Sealer is in use for a broad range of Commercial Areas products such as home decoration, automotive parts & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Concrete Sealer application is developed towards a more active mode.

Manufacturers are exploring the potential of Concrete Sealer in Factories. Application of Concrete Sealer in advanced products are gaining traction in the recent years. Recently, manufacturers have started using Concrete Sealer in the Others area. Further, there are also potential uses in the areas of additional functions.

This segment includes Penetrating Sealers, Acrylics, etc. In terms of volume, Penetrating Sealers segment is expected to remain dominant in the global Concrete Sealer market.

North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. Europe is the dominant market in the global Concrete Sealer market in terms of value. The Europe Concrete Sealer market was estimated to be valued at US$ 84.9 Mn in 2017 and is expected to expand at a value CAGR of 7.2% over the forecast period. The North America market is expected to expand at a robust rate of 7.1% in terms of revenue over the forecast period due to the steadily increasing production capacity for home decoration products in this region.

Curecrete Distribution, 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, etc. are the key vendors included in this report.

The market concentration of Concrete Sealer is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 38% of sales. Curecrete Distribution Chemical is by far the leader, followed by Prosoco and Evonik. Key Vendors like BASF ,SealSource , and AmeriPolish, also play important part in regional market, so the market share in each region is quite different.

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