DUBLIN--(BUSINESS WIRE)--The "Concrete Sealers Market By Function Type, By Materials , By End-Users and By Geography - Global Driver, Restraints, Opportunities, Trends, and Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
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.
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.
- Progress in Various Economy With Increasing Income Level of the People Boosting the Demand
- Technological Advancements Attribute the Growth in the Sealer Market
- Lack of Awareness About Benefit of the Sealers
- High Product Cost
- Regulations That Driving the Industry Growth
- Large Potential Markets in the Global Construction Sector
- Axalta Coating Systems
- Sika AG
- Evonik Industries
Key Topics Covered
1 Report Outline
2 Executive Summary
3 Market Positioning
4 Market Outlook
5 Market Characteristics
6 Functions: Market Size And Analysis
7 Materials: Market Size And Analysis
8 End-Users: Market Size And Analysis
9 Regions: Market Size And Analysis
10 Companies To Watch For
11 Competitive Landscape
12 Expert's Views
For more information about this report visit https://www.researchandmarkets.com/research/g4j3q8/concrete_sealers?w=4