The business assessment report titled ‘Concrete Sealer Market Size By Product (Penetrating [Silicate, Siliconate, Silane, Siloxane], Acrylic, Epoxy, Film-forming, Polyurethane), By Application (Residential, Commercial, Industrial), Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, concrete sealer market is estimated to garner strong returns during 2021-2027.

Global concrete sealer market is mainly driven by expanding construction sector along with escalating product demand for flooring.

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Notably, concrete sealers are used in the process of flooring to prevent damages to the surface from water, oil spills, dirt, and other pollutants, and maintain its appearance.

Based on product type, the penetrating sub-segment amassed a valuation of USD 179 Mn in 2020 and is expected to grow substantially during the analysis period. The strong product demand can be ascribed to its durability and widespread usage across various commercial applications.

The silicate sub-segment is estimated to grow at a stable rate of 4.4% during the forecast period. Meanwhile, silconate concrete sealers segment is also touted to generate substantial demand as they are utilized to limit peeling delamination and other wear because of their water repellent sealers. These products are used extensively outdoors as they are more realistic in appearance, unlike other sealers that give out a glossy finish to the flooring.

Speaking of the end user scope, the commercial sub-segment held 33% of the overall concreate sealers market share in 2020 and is anticipated to grow at a decent pace through 2027. Proliferation of concrete sealers in commercial infrastructure like restaurants and malls for increasing the durability of the floors and for the purpose of effortless cleaning is fostering the segmental expansion.

From a regional standpoint, North America market is slated to progress at a CAGR of 3.8% during the assessment timeline, mainly due to upsurge in investments in the local construction industry. Parallelly, Middle East & Africa industry is expected to grow exponentially during the evaluation period owing to the adoption of concrete sealers within the area to improve the lifespan of floors against harsh weather conditions.

The competitive landscape of the concrete sealer market sphere is defined by key players such as PPG Industries Inc., The Valspar Corporation, Evonik Industries AG, Sika AG, Mapei S.p.A, Laticrete International, Arkema S.A., Omnova Solutions, and BASF SE.