Concrete Sealer Market Scope
Concrete sealers are known as the substance which is been used to block the pores present in the concrete to reduce the absorption of salts and water or form a layer to prevent these materials from passing. Concrete sealers are basically used on the top of the surface for covering the overall surfaces of concrete from damage, staining, and corrosion. The concrete sealers are further categorized into two types, that is topical sealers and the other one is penetrating sealers. Topical sealers are the one which adds visual enhancement whereas penetrating sealers blocks surface from the moisture. Concrete sealers are now the part of a solution of an advance architectural which has significant use in the construction field, where it is been applied to the surfaces, to particularly decorate and protect the surface.
According to AMA, the Global Concrete Sealer market is expected to see growth rate of 7.1%The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Prosoco (United States), Curecrete Distributiono (United States), Evonik (Germany), BASF (Germany), SealSourceo (United States), AmeriPolisho (United States), LYTHICo (United States), W. R. MEADOWSo (United States), Larsen (India) and KreteTek Industrieso (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Kimbol Sealer (Canada), Stone Technologieso (United States), LATICRETE Internationalo (United States) and Nutech Paint (Australia).
Segmentation Overview
The study have segmented the market of Global Concrete Sealer market by Type (Silicate Sealers, Silane Siloxane Sealers, Acrylics Sealers and Epoxy Sealers), by Application (Residential, Commercial, Industrial and Others) and Region with country level break-up.
On the basis of geography, the market of Concrete Sealer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rising demand for bio-based concrete sealers with new innovations
Market Growth Drivers:
Protection from stains or other damage, Decorative and visual enhancement and Durable with climatic conditions
Challenges:
Lack of awareness about the advantages of concrete sealers
Restraints:
Quality and cost factors are hampering
Opportunities:
Improving economic situation in developing countries is expected to increase the market potential
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Concrete Sealer Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.