According to the research report titled ‘Europe Non-Residential Polished Concrete Market Size By End-user, By Application, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 - 2027’, available with Market Study Report, Europe non-residential polished concrete market is projected to register a healthy growth rate over 2021-2027, subsequently amassing a valuation of USD 1.9 billion by the forecast period end.
 

As per the report findings, steady growth in construction sector and subsequent surge in the demand for concrete are fostering Europe non-residential polished concrete market. Moreover, escalating demand for remodeling and restoration projects coupled with favorable government policies for entry of new players are positively impacting the business dynamics.
 

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Notably, availability of polished concrete in various patterns, colors, and their high reflective characteristics are favoring the product adoption. Further, this product improves the environment lighting and aids in reducing energy costs.
 

For the record, the construction contributes about 9% of Europe's GDP, thereby compelling stakeholders infuse funds in the polished concrete business. However, concerns regarding carbon emission is likely to impel the demand in the upcoming years.
 

Based on end-user, Europe non-residential polished concrete market is fragmented into commercial, industrial, and institutional. Among these, commercial segment captured 45.9% industry share in recent past and is touted to record a CAGR of 4.8% over the analysis period, creditable to an upsurge in hotel construction activities across the region.
 

In terms of application, new floors segment captured over 80% of Europe non-residential polished concrete industry share and will likely maintain a strong growth curve in the upcoming years. High cost-effectiveness, superior aesthetics, and demand from infrastructure and commercial projects are supporting the segmental expansion.
 

Considering the geographical scope, Germany, United Kingdom, Spain, France, Italy, Poland, and Russia are the key contributors to the industry growth in Europe. Among these, Germany market is anticipated to grow considerably in the upcoming year on the back of inflowing investments to address the rising number of aging buildings in the country.
 

Prominent players in Europe non-residential polished concrete market sphere are Mikea s.r.l., Polished Concrete Co., Concria Oy, Triumph Motorcycles Ltd., Elkon Pvt. Ltd., CRH plc, Vicat S.A., Breedon Group plc, HeidelbergCement AG, and LafargeHolcim (Holcim Ltd.)