According to the business intelligence 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 Market Study Report, global concrete sealer market is projected to expand considerably through 2027.
 

Ability of product to prevent surface damage from water and stains from dirt, deicing salts, oil, and other contaminants is a key factor spurring global concrete sealer industry growth. Furthermore, surging demand to enhance finishing of concrete floors and increase their lifespan will aid market proliferation in the forecast timeframe.
 

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Speaking of product gamut, the market sphere is divided into epoxy, penetrating (siliconate, silicate, siloxane, silane), acrylic, polyurethane, film forming, and others. Among these, the penetrating segment accrued USD 179 million in 2020. Long lasting nature of penetrating sealers and their widespread application are the factors credited for this valuation.
 

Further elaborating on the penetrating concrete segment, the silicate sub segment held 2% industry share in the recent past and is projected to witness 4.4% CAGR over the analysis period. Widespread outdoor application owing to their natural appearance and high durability.
 

Based on end user spectrum, global concrete sealer industry is bifurcated into industrial, residential, and commercial. Among these, the commercial segment captured 33% of the market share and is anticipated to augment steadily between 2021-2027, due to rising demand of concrete sealers from commercial buildings such as malls and restaurants owing to their ease of cleaning and durability.
 

Regionally speaking, Middle East & Africa captured 8% of the industry share in the recent past due to growing application to protect floors against bad weather conditions. Meanwhile, North America concrete sealer business sphere is estimated to expand at 3.8% CAGR through 2027 owing to increasing investment in the construction sector.
 

Key players shaping global concrete sealer market dynamics are Evonik Industries AG, Vexcon Chemicals Inc., Sika AG, Valspar Corporation, OMNOVA Solutions Inc., PPG industries Inc., BASF SE, Arkema S.A., Mapei S.p.A, and Laticrete International Inc.