April 27, 2022
According to the recent research report titled ‘Concrete Densification & Polishing Material Market Size By Product (Densifiers & Hardeners, Sealers & Crack Fillers, Conditioners), By End-User (Residential, Commercial, Institutional, Industrial), Concrete Densification & Polishing Equipment Market Size By Product (Hand Held, Walk Behind, Ride On), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025, available with MarketStudyReport, global concrete densification & polishing material market is estimated to exceed USD 450 million while the equipment market is likely to be worth USD 2 billion in valuation by the year 2025.
Rising construction activities coupled with various infrastructure projects undertaken by developing countries for swift urbanization are some of the major factors driving the growth of the global concrete densification & polishing material market.
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Concrete densification and polishing equipment are used in several sectors like institutional, commercial, residential, and industrial. These products are low maintenance, cost-efficient, and durable, thus resulting in increased product penetration.
Geographically, North America equipment market is estimated to expand at more than 3.5% CAGR through 2027, primarily due to the rising number of of infrastructure projects.
Meanwhile, Asia Pacific equipment market is expected to surpass USD 750 Million by 2025 owing to rising residential and commercial construction activities due to population growth.