Polished Concrete Market: By Type, By Method, By Construction Type, By End-use Sector and Geography

Polished Concrete Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Densifier, Sealer & Crack Filler, Conditioner), By Method (Dry, Wet), By Construction Type (New Construction, Renovation), By End-use Sector (Residential, Commercial, Industrial, Infrastructure, Others) and Region

Polished Concrete Market was valued at US$ 2,481.6 million in 2023 and is poised to grow at a CAGR of 5.1% over 2024-2030. Polished concrete is a concrete surface that is ground, honed, and polished to produce a smooth, shiny, and aesthetically pleasing appearance for the flooring system. The rising demand for the aesthetically appealing, flexible, sleek, and modern overall design of residential, commercial, and industrial spaces drives the market. For instance, according to the Center for Sustainable Systems, the U.S. had almost 5.9 million commercial buildings containing 97 billion square feet of floor space in 2018. Polished concrete has gained tremendous popularity in recent decades owing to its exceptional durability and resistance to abrasion, impact, and heavy foot traffic. Furthermore, the cost-effectiveness when compared to other flooring options has provided an opportunity for market development with an increased consumer market.

Additionally, the availability of alternatives in designs and customization such as incorporating logos, patterns, and intricate designs into polished concrete floors has provided an opportunity to differentiate themselves in the market. Moreover, matte and satin finishes for polished concrete floors have gained popularity in the market as it offers a more subtle and natural look, often resembling honed or tumbled stone. The ease in cleaning and maintaining polished floors along with resistance to allergens and dust has attracted a big segment of customers, especially in healthcare facilities and schools. But the higher initial cost when compared to traditional flooring options along with the consumption of a lot of time for installation may hinder the market growth. However, the presence of key market players, increased investments, rapid urbanization, industrialization, and infrastructural development is anticipated to increase the market growth during forecasted years.

Polished Concrete Market Key Developments:

  • In May 2022, TSR Concrete Coatings, Ninja Coatings and PolyPro Concrete merged to create a platform for leading home-improvement brands, specializing in residential concrete coatings and other services.
  • In May 2021, Sika Corporation merged Sika Butterfield Color® and Sika® Scofield® to create a harmonized line of Decorative Concrete products known as SikaColor®, a complete range of color solution products including polished concretes.

Polished Concrete Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.10%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Polished Concrete Market Dynamics

The market is expected to increase the adoption of polished concrete in the commercial sector. Commercial buildings, like retail stores, restaurants, offices, and showrooms have proved to be key customers for the polished concrete market. Furthermore, Polished concrete is a popular choice for areas with heavy foot traffic and a need for a polished, professional look due to its longevity, low maintenance requirements, and contemporary aesthetic. The commercial sector's dominance in the polished concrete market is a reflection of the increased demand for flooring options that enhance the overall look and feel of commercial spaces while simultaneously offering practicality and durability. Due to its performance in both of these areas, polished concrete has become increasingly popular in the commercial market. Furthermore, the collaboration between experienced contractors, architects, and designers that have expertise in polished concrete installations is anticipated to increase the market revenue.

Polished Concrete Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 2,481.6 million

Market CAGR

5.10%

By Type

  • Densifiers
  • Sealers & Crack Fillers
  • Conditioners

By Method

  • Dry
  • Wet

By Construction Type

  • New Construction
  • Renovation

By End User

  • Residential
  • Commercial
  • Industrial
  • Infrastructure
  • Others

Key Features of the Report

  • The polished concrete market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The global polished concrete market size was valued at US$ 2,481.6 million in 2022 and is projected to grow at a CAGR of 5.1% from 2024-2030.

The cost-effectiveness when compared to other flooring options has provided an opportunity for market development with an increased consumer market.

The rising demand for the aesthetically appealing, flexible, sleek, and modern overall design of residential, commercial, and industrial spaces drives the market.

PPG Industries Inc., The 3M Company, BASF SE, Sika AG, Ultra Tech Cement Limited, The Sherwin Williams Company, Boral Limited, Solomon Colors Inc., Vexcon Chemicals Inc., The Euclid chemical company are a few companies operating in Polished Concrete market

1.Executive Summary
2.Global Polished Concrete Market Introduction 
2.1.Global Polished Concrete Market  - Taxonomy
2.2.Global Polished Concrete Market  - Definitions
2.2.1.Type 
2.2.2.Material
2.2.3.Construction Type
2.2.4.End User
2.2.5.Region
3.Global Polished Concrete Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Polished Concrete Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Polished Concrete Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Densifiers
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Sealers & Crack Fillers
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Conditioners
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Polished Concrete Market  By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Dry
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Wet
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Polished Concrete Market  By Construction Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. New Construction
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Renovation
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Polished Concrete Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Residential
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Commercial
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Industrial
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Infrastructure
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Others
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.Global Polished Concrete Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Polished Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Densifiers
10.1.2.Sealers & Crack Fillers
10.1.3.Conditioners
10.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Dry
10.2.2.Wet
10.3.  Construction Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.New Construction
10.3.2.Renovation
10.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Residential
10.4.2.Commercial
10.4.3.Industrial
10.4.4.Infrastructure
10.4.5.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Polished Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Densifiers
11.1.2.Sealers & Crack Fillers
11.1.3.Conditioners
11.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Dry
11.2.2.Wet
11.3.  Construction Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.New Construction
11.3.2.Renovation
11.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Residential
11.4.2.Commercial
11.4.3.Industrial
11.4.4.Infrastructure
11.4.5.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Polished Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Densifiers
12.1.2.Sealers & Crack Fillers
12.1.3.Conditioners
12.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Dry
12.2.2.Wet
12.3.  Construction Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.New Construction
12.3.2.Renovation
12.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Residential
12.4.2.Commercial
12.4.3.Industrial
12.4.4.Infrastructure
12.4.5.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Polished Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Densifiers
13.1.2.Sealers & Crack Fillers
13.1.3.Conditioners
13.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Dry
13.2.2.Wet
13.3.  Construction Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.New Construction
13.3.2.Renovation
13.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Residential
13.4.2.Commercial
13.4.3.Industrial
13.4.4.Infrastructure
13.4.5.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Polished Concrete Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Densifiers
14.1.2.Sealers & Crack Fillers
14.1.3.Conditioners
14.2.  Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Dry
14.2.2.Wet
14.3.  Construction Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.New Construction
14.3.2.Renovation
14.4.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Residential
14.4.2.Commercial
14.4.3.Industrial
14.4.4.Infrastructure
14.4.5.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.PPG Industries Inc.
15.2.2.The 3M Company
15.2.3.BASF SE
15.2.4.Sika AG
15.2.5.Ultra Tech Cement Limited
15.2.6.The Sherwin Williams Company
15.2.7.Boral Limited
15.2.8.Solomon Colors Inc.
15.2.9.Vexcon Chemicals Inc.
15.2.10.The Euclid chemical company
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • PPG Industries Inc.
  • The 3M Company
  • BASF SE
  • Sika AG
  • Ultra Tech Cement Limited
  • The Sherwin Williams Company
  • Boral Limited
  • Solomon Colors Inc.
  • Vexcon Chemicals Inc.
  • The Euclid chemical company

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