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The use of concrete sealers in residential and commercial projects are has increased considerably in present scenario owing to the desirable characteristics offered. The key trait associated with Concrete sealers is that they block the penetration of dirt, oil, grease, chemicals and strains thus making it easier to clean and maintain concrete. Primarily, concrete sealer are classified into two types: penetrating sealers and film forming sealers. Other types of concrete sealers include wax-based sealers, oil-based sealers, acrylic sealers, urethane sealers, silicon sealers and epoxy sealers, among others. Commonly, concrete sealers are used to protect concrete from the damaging effects of water, salt, etc. Also, concrete sealers can enhance the color of the flooring and add an attractive shine to the concrete.
Global Concrete Sealer Market: Dynamic
The governments of major economies are focusing on the development of commercial facilities and strengthening their civic infrastructure base in the next five years. This is expected to imbibe a high degree of concrete and related chemicals, which in turn, will drive the global concrete sealer market in the forecast period. Also, construction of private establishments, expanding transport infrastructure, institutes, roadways, etc. will create attractive opportunities for the growth of concrete sealer market during the forecast period. Moreover, increase in public private investments, hotels & tourism industry coupled with government infrastructure projects, such as National infrastructure program 2014-2018, will further push the growth of the concrete sealer market at a global level during the forecast period.
However, strict regulations and VOC laws changes will hamper the growth of the concrete sealer market on a global level throughout the forecast period. Construction projects must follow a balance between cost and quality. A small change in either quality or cost can negatively impact the global concrete sealer market.
Global Concrete Sealer Material Market: Segmentation
The global concrete sealer material market can be segmented on the basis of product type, application and region.
On the basis of product type, the global concrete sealer market can be segmented into:
- Wax-based sealer
- Oil-based sealer
- Acrylic sealer
- Urethane sealer
- Silicon sealers
- Epoxy sealers
- Others
On the basis of application of concrete sealer, the global concrete sealer market can be segmented into:
- Residential Sector
- Commercial Sector
- Industrial Sector
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Global Concrete Sealer Material Market: Regional Outlook
Geographically, the global concrete sealer market can be segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa and Japan. Expanding construction market and upcoming construction projects in Western Europe will create opportunities for the players operating in the global concrete sealer market. Developed markets, such as North America, will witness growing demand for innovative constructions, which will drive the demand in the global concrete sealer market throughout the forecast period. Moreover, emerging markets, such as China, India and South East & Pacific, are rapidly growing markets and will witness rapid growth in the global concrete sealer market during the forecast period.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends and Issues and Challenges
- Competition & Companies involved
- Technology
- Value Chain
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