Global Concrete Resurfacer Market By Type (Inorganic, Organic, Organic Modification, Fibre Reinforced and Others), Application (Sidewalks, Driveways, Floors, Pool Decks, Patios, Curbs, Concrete Floors, Parking Decks and Other Applications), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Concrete Resurfacer Market
Data Bridge Market Research analyses that the concrete resurfacer market will witness a CAGR of 5.00% for the forecast period of 2021-2028. Increasing demand and requirement for non- corrosive substances, growing use of concrete resurfacer for a wide range of end use application such as sidewalks, driveways, floors, pool decks, patios, curbs, concrete floors, parking decks, and other applications and surge in industrialization, especially in the developing countries are the major factors attributable to the growth of the concrete resurfacer market. This means that, the concrete resurfacer market value, which was USD 3,650.00 million in 2020, will rocket up to USD 5,392.71 million by 2028.
A concrete resurfacer is the application of new and functional concrete resurfacing products which are used to replace the old concrete in case of cracks, surface spalling, stains, and wear and tear. Concrete resurfacer provides a wide range of options for design and décor. Concrete resurfacers are widely used in the process of refurbishing and re-construction. Concrete resurfaceer is a blend of additives such as Portland cement, sand, polymer modifiers, and others that can be employed for both outdoor and indoor purposes.
Rise in demand for renovation, re-modulation, and other such activities is the root cause fuelling up the concrete resurfacer market growth rate. Rising industrialization coupled with increasing buildings and construction activities, especially in the developing econonomies will also directly and positively impact the growth rate of the concrete resurfacer market. Growth and expansion of manufacturing industry will further carve the way for the growth of the concrete resurfacer market.
However, unfavourable market conditions arising as a result of coronavirus outbreak will pose a major challenge to the growth of the concrete resurfacer market. Also, the contraction of building and construction activities in the pandemic will dampen the concrete resurfacer market growth rate. Fluctuations in the prices of raw materials and stringent environmental regulations will further derail the concrete resurfacer market growth rate.
This concrete resurfacer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on concrete resurfacer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Concrete Resurfacer Market Scope and Market Size
The concrete resurfacer market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the concrete resurfacer market is segmented into inorganic, organic, organic modification, fibre reinforced and others.
- On the basis of application, the concrete resurfacer market is segmented into sidewalks, driveways, floors, pool decks, patios, curbs, concrete floors, parking decks, and other applications.
Global Concrete Resurfacer Market Country Level Analysis
The concrete resurfacer market is analysed and market size, volume information is provided by country, type, and application referenced above.
The countries covered in the concrete resurfacer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the concrete resurfacer market and will continue to flourish its dominance during the forecast period owing to the growth and expansion of various end user verticals in this region, rising industrialization and growth in the number of construction and manufacturing activities especially in the emerging economies like India and China. Ever-rising population and increasing personal disposable income are some other market growth determinants. Eorupe, on the other hand will project lucrative growth opportunities owing to rise in construction of sidewalks and driveways.
The country section of the concrete resurfacer market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Concrete Resurfacer Market Share Analysis
The concrete resurfacer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to concrete resurfacer market.
The major players covered in the concrete resurfacer market report are Elite Crete India., H.B. Fuller Company., The QUIKRETE Companies., Cemix Products Limited, Flowcrete Group Ltd., TCC Materials, Versatile Building Products, Tennant Coatings, Dunlop, Oldcastle APG, Pioneering Cement Technologies, Henry Company., CTS Cement Manufacturing Corporation., Sika AG, BASF SE, DuPont., LANXESS, Huntsman International LLC. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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