Dublin, March 2, 2021/PRNewswire/-ResearchAndMarkets.com has added the “Polished Concrete Market-Global Forecast to 2025″ report to the polished concrete machine products.
The global polished concrete market is expected to grow from USD 2.2 billion in 2020 to USD 3 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%.
The rapid growth of the global polished concrete industry is mainly due to the increasing global demand for durable and low-maintenance construction products. The demand for attractive, attractive, cost-effective and durable flooring applications is another key factor driving the growth of the polished concrete market in the coming years.
It is expected that from 2020 to 2025, the compacting agent market segment will grow at the highest compound annual growth rate. And degradation. Densifiers are widely preferred and demanded for concrete polishing. As demand in the non-residential sector increases, its demand is expected to accelerate during the forecast period.
In terms of value and quantity, it is expected that from 2020 to 2025, the drying section will become the fastest growing section of polished concrete.
It is estimated that by 2025, both in terms of value and quantity, the dry section will become the fastest growing method of polished concrete. The high demand can be attributed to the higher gloss and durability it provides for polished concrete floors. For the dry concrete polishing method, a commercial-scale polishing machine is used to grind the concrete surface. Each stage of the process requires different grinding and polishing discs, usually containing diamond grit, coarser textures are used in the early stages, and finer textures to obtain the final luster.
In terms of value and volume, non-residential properties are expected to be the fastest growing portion of polished concrete from 2020 to 2025.
Non-residential is expected to become the fastest growing segment of the polished concrete market. The application of polished concrete in this field is driven by the increase in the installation, renovation and restructuring of new non-residential buildings. The use of polished concrete on the floor can enhance its appearance and aesthetics. In addition, the use of glossy and attractive floors in industrial and commercial applications has been a key factor driving the demand for polished concrete in the non-residential sector.
In terms of value and volume, the polished concrete market in the Asia-Pacific region is expected to grow at the highest compound annual growth rate during the forecast period.
In terms of value and volume, the Asia-Pacific region is expected to grow at the highest compound annual growth rate between 2020 and 2025. It is expected that the demand for polished concrete from emerging economies in the Asia-Pacific region will generate huge demand due to the rapid expansion of the construction industry. Development and government initiatives for infrastructure development.
The growing populations of these countries represent a strong customer base. The increase in demand for polished concrete is mainly due to the growing infrastructure and construction industries and durable, attractive and sustainable flooring systems.
The global polished concrete market includes major material manufacturers such as PPG Industries, Inc. (USA), 3M Company (USA), BASF SE (Germany), UltraTech Cement Limited (India), SIKA AG (Switzerland), Boral Limited (Australia) ) And Sherwin-Williams (USA), etc. Key topics covered:
5 Market overview 5.1 Introduction 5.2 Market dynamics 5.2.1 Driving factors 5.2.1.1 Increased demand for polished concrete for flooring applications 5.2.1.2 Increased demand for cost-effective green flooring systems 5.2.2 Limiting 5.2.2.1 fluctuations Raw material prices 5.2.3 Opportunities 5.2.3.1 Population growth and rapid urbanization are transformed into a large number of construction projects 5.2.3.2 Global renovation and transformation activities increase 5.2.4 Challenges 5.2.4.1 Environmental issues related to polished concrete 5.3 YC- YCC Drivers 5. 4 Tariff and regulatory analysis 5.4.1 Cement standards and concrete standards list developed by Astm International 5.4.2 Osha (Occupational Safety and Health Administration) Cement and Concrete Standards 5.5 Market Map/Ecosystem Map 5.6 Patent Analysis 5.6.1 Methodology 5 .6.2 Document type 5.6.3 Insight 5.6.4 Main applicant 5.6.5 List of some important patents 5.7 Technical analysis 5.8 Pricing analysis 5.9 Case study analysis 5.10 Trade analysis
6 Industry trends 6.1 Introduction 6.2 Supply chain analysis 6.2.1 Material manufacturers 6.2.1.1 Well-known companies 6.2.1.2 Small and medium enterprises 6.2.2 Contractors/service providers 6.2.2.1 Well-known service providers 6.2.2.2 Small and medium service providers 6. 3 Porter’s five forces analysis 7 Covid-19′s impact on polished concrete market 7.1 Introduction 7.2 Covid-19′s impact on polished concrete market 7.2.1 Impact on end-use sectors
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Post time: Nov-16-2021