Global Concrete Sealer Market Overview:
Concrete sealers are known as the substance which is been used to block the pores present in the concrete to reduce the absorption of salts and water or form a layer to prevent these materials from passing. Concrete sealers are basically used on the top of the surface for covering the overall surfaces of concrete from damage, staining, and corrosion. The concrete sealers are further categorized into two types, that is topical sealers and the other one is penetrating sealers. Topical sealers are the one which adds visual enhancement whereas penetrating sealers blocks surface from the moisture. Concrete sealers are now the part of a solution of an advance architectural which has significant use in the construction field, where it is been applied to the surfaces, to particularly decorate and protect the surface. According to AMA, the Global Concrete Sealer market is expected to see growth rate of 7.1% and may see market size of USD6.78 Billion by 2024.
- Protection from stains or other damage
- Decorative and visual enhancement
- Durable with climatic conditions
- Rising demand for bio-based concrete sealers with new innovations
- Quality and cost factors are hampering
- Improving economic situation in developing countries is expected to increase the market potential
- Lack of awareness about the advantages of concrete sealers
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Some of the key players profiled in the report are Prosoco (United States), Curecrete Distributiono (United States), Evonik (Germany), BASF (Germany), SealSourceo (United States), AmeriPolisho (United States), LYTHICo (United States), W. R. MEADOWSo (United States), Larsen (India) and KreteTek Industrieso (United States). Additionally, following companies can also be profiled that are part of our coverage like Kimbol Sealer (Canada), Stone Technologieso (United States), LATICRETE Internationalo (United States) and Nutech Paint (Australia). Considering Market by Function, the sub-segment i.e. Topical sealers (coatings) will boost the Concrete Sealer market. Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Concrete Sealer market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Concrete Sealer market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Concrete Sealer market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Concrete Sealer Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.