Polished Concrete Market: By Type, By Method, By Construction Type, By End-use Sector and Geography
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.
Study Period
2024-2030Base Year
2023CAGR
5.10%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 2,481.6 million |
Market CAGR |
5.10% |
By Type |
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By Method |
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By Construction Type |
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By End User |
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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