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2023

Concrete Densifier Market

Concrete Densifier Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Method, by Construction Type, by End-Use : Global Opportunity Analysis and Industry Forecast, 2023-2032

MC : Advanced Materials

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Author's: Naga Surya Sanka | Surya Sanka
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Concrete Densifier Market Research, 2032

The global concrete densifier market was valued at $844.7 million in 2022, and is projected to reach $1.5 billion by 2032, growing at a CAGR of 6.2% from 2023 to 2032. A concrete densifier is a chemical hardener that is most usually applied on top of the concrete slab after placement, and if cleaning the slab, it is utilized throughout the refinement process. Using a densifier, whether polished or unpolished, is a cost-effective approach to increasing the strength, endurance, and longevity of a concrete slab. Concrete densifiers are commonly used on unfinished concrete slabs as part of the refinement process of concrete polishing. This substance functions as a pore filler and enhances the surface density of the concrete slab. Applying the densifier causes a chemical reaction that fills every pore with a byproduct that is absorbed deeply into the concrete slab.

Concrete Densifier Market

 

The growing demand for polished concrete surfaces in various business and industrial settings is one of the important drivers of the concrete densifier market. With its remarkable power, durability, and resistance to wear, polished concrete has grown to be a desired floor choice for a huge variety of venues, consisting of hospitals, airports, stadiums, government homes, and factories. Concrete densifiers play an essential role in enhancing homes with polished concrete floors, making them resistant against moisture, chemical substances, abrasion, oil, and grease. As an end result, the demand for concrete densifiers is anticipated to boom drastically in the coming years, driving the concrete densifier market growth.

The environmental issues linked with the utilization of concrete densifiers are anticipated to restrain the growth of the global market during the forecast period. Also, the ongoing Russia-Ukraine conflict additionally had an impact on the concrete densifier market, as it brought about an increase in the prices of raw materials used in the manufacturing of concrete densifiers, inclusive of potassium silicate. This has resulted in an upward push in the value of producing concrete densifiers, which may have an effect on the market demand. This aspect may create a negative impact on the growth of the market during the forecast period.

The concrete densifier market is expected to have significant future opportunities driven by the growing demand for eco-friendly and sustainable construction materials. Concrete densifiers are a more sustainable alternative to traditional flooring solutions as they eliminate the need for toxic coatings and chemical sealers. This aligns with the increasing awareness of environmental sustainability and power efficiency in production tasks. Additionally, improvements in nanotechnology and the improvement of the latest formulations with more advantageous properties, including quicker curing times, elevated durability, and stepped forward penetration, are expected to create possibilities for market opportunities. The increasing adoption of decorative concrete flooring in residential applications is also expected to drive market growth. As a result, manufacturers are investing in research and development to introduce innovative products that offer superior performance and aesthetics.

The key players profiled in this report include BASF SE, W.R. Grace & Co., Sika AG, The Euclid Chemical Company, The Sherwin Williams Company, W. R. Meadows, Inc., Evonik, Laticrete International, Inc., Jon Don LLC, and Solomon Colors Inc. Investment and agreement are common strategies followed by major market players. For instance, on May 2023, Sika acquired the MBCC Group, a significant global provider of construction chemicals. MBCC Group has been in the forefront of driving positive change in the construction industry by focusing on innovation and sustainability.

The concrete densifier market is segmented on the basis of type, method, construction type, end-use, and region. By type, the market is sub-segmented into sodium silicate, potassium silicate, and lithium silicate. By method, the market is classified into dry and wet. By construction type, the market is classified into new construction and renovation. By end-use, the market is classified into residential and non-residential. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The concrete densifier market is segmented into End-Use, Type, Method and Construction Type.

Concrete Densifier Market by End-Use

By end-use, the non-residential sub-segment dominated the global concrete densifier market share in 2022. Concrete densifiers have an extensive range of applications within the non-residential segment. In industrial buildings along with shops, places of work, and eating places, polished concrete flooring is becoming increasingly popular because of its aesthetic appeal and sturdiness. Concrete densifiers are used to enhance the surface hardness and resistance to abrasion, lowering the need for common preservation and repairs. For example, Los Angeles International Airport is undergoing a major renovation and expansion project, and concrete densifiers are being used to treat the floors in the new terminals and concourses. The densified concrete floors will provide a long-lasting, easy-to-maintain surface that can withstand the heavy foot traffic in an airport.

Concrete Densifier Market by Type

By type, the potassium silicate sub-segment dominated the market in 2022. This densifier penetrates deep into the concrete floor, reacting with the calcium hydroxide present to shape a crystalline structure. The result is a denser, harder concrete surface with improved abrasion resistance, decreased dust, and reduced porosity. One of the main benefits of the use of a potassium silicate concrete densifier is that it has a decreased pH level in comparison to sodium or lithium silicate densifiers, making it a greater environmentally pleasant choice. Additionally, potassium silicate densifiers are recognized for their excellent bonding properties, which can grow the adhesion of coatings, sealers, and different surface treatments. These are predicted to be the major factors affecting the concrete densifier market size during the forecast period too.

Concrete Densifier Market by Method

By method, the dry sub-segment dominated the global concrete densifier market share in 2022. Dry concrete densifiers have various applications in business settings, such as warehouses, factories, production flowers, and processing facilities. These areas require long-lasting and robust flooring which can withstand heavy visitors and equipment use. Dry concrete densifiers enhance the hardness and sturdiness of the concrete floor, making it resistant against abrasions, stains, and chemical substances. Additionally, they enhance the ground's shine and reflectance, increasing visibility in the work surroundings. The use of dry concrete densifiers can also contribute to more secure work surroundings by lowering the risk of slips and falls.

Concrete Densifier Market by Construction Type

By construction type, the renovation sub-segment dominated the global Concrete Densifier market share in 2022. Concrete densifiers have received recognition in renovation projects due to their potential to enhance the classy look and durability of antique and worn-out concrete floors. Renovation using concrete densifiers are affordable and offer a sustainable solution to enhance the overall condition of concrete surfaces. Concrete densifiers also can assist in power efficiency by decreasing the porosity of concrete surfaces, making them much less prone to moisture absorption. This leads to lower power costs and improved indoor environmental conditions.

Concrete Densifier Market by Region

By region, North America dominated the global market in 2022 and is projected to be the fastest-growing sub-segment during the forecast period. The concrete densifier market in North America region is witnessing growth because of the demand for excessive-overall performance and durable creation materials. In addition, there has been a developing demand for the usage of polished concrete flooring in industrial and commercial buildings, which has further improved the demand for concrete densifiers in the region. According to the Associated Builders and Contractors, nonresidential construction spending within the United States grew by 2.4% in 2021. This demand is anticipated to create more opportunities for the concrete densifier market within the region, as the development of new industrial regions and infrastructure initiatives require high-performance and durable materials. In addition, different companies in the market are making an investment in research and development to introduce innovative and sustainable concrete densifiers. For example, in May 2021, Curecrete Distribution, Inc., the world leader in concrete densification technology, announced the launch of two new products, SaltSlayerTM and SlurryDry SSGTM. Both products added to the growing arsenal of supporting products offered by Curecrete, enhancing the ability of applicators and distributors to meet the many varying needs of concrete protection and slurry disposal.

Impact of COVID-19 on the Global Concrete Densifier Industry

  • The COVID-19 pandemic had a negative impact on the worldwide concrete densifier industry. It caused supply chain disruptions and decreased demand from several industries, including manufacturing, resulting in a reduction in market demand. However, due to the increasing focus on sanitation and hygiene, there was a rise in the demand for concrete densifiers in public spaces like hospitals, restaurants, and industrial complexes.
  • During the pandemic, governments over the world implemented numerous packages and efforts to help the construction industry. These policies are intended to stimulate the economy, create jobs, and enable infrastructure development. Governments provide financial aid, tax breaks, and regulatory leniencies to promote construction activities and boost demand for building supplies, such as concrete densifiers.
  • However, the post-pandemic demand for construction activities is predicted to drive the market of concrete densifiers within the coming years, particularly in regions like Asia-Pacific and North America. The rising demand for sustainable and green construction materials and to enhance the durability and sturdiness of concrete flooring are expected to create new opportunities for the market.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the concrete densifier market analysis from 2022 to 2032 to identify the prevailing concrete densifier market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the concrete densifier market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global concrete densifier market trends, key players, market segments, application areas, and market growth strategies.

Concrete Densifier Market Report Highlights

Aspects Details
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Market Size By 2032

USD 1.5 billion

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Growth Rate

CAGR of 6.2%

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Forecast period

2022 - 2032

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Report Pages

280

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By Construction Type
  • New Construction 
  • Renovation
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By End-Use
  • Residential
  • Non-residential
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By Type
  • Potassium silicate
  • Lithium Silicate
  • Sodium Silicate
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By Method
  • Dry
  • Wet
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, UAE, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

The Sherwin Williams Company, BASF SE, Laticrete International, Inc., Sika AG, The Euclid Chemical Company, Jon Don LLC, Solomon Colors Inc., W.R. Grace & Co., W. R. Meadows, Inc., Evonik

Analyst Review

The concrete densifier market is seeing tremendous expansion, owing primarily to a surge in global construction activity. Construction activity is quickly expanding in emerging economies such as India and China due to the rising population. As a result of these reasons, there is a great demand for low-maintenance and durable flooring with polished and appealing floors in residential and commercial settings. Such critical aspects may accelerate market expansion. The environmental impact of the use of concrete densifier is likely to hinder worldwide market expansion during the forecast period. Population expansion is increasing the demand for housing, which is a basic human requirement. The growing urbanization and increased demand for cheap housing are expected to fuel the concrete industry.

Among the analyzed regions, North America is expected to account for the highest revenue in the market by the end of 2032, followed by Asia-Pacific, Europe, and LAMEA.  

Author Name(s) : Naga Surya Sanka | Surya Sanka
Frequently Asked Questions?

The global concrete densifier market is expanding rapidly, owing primarily to an increase in global construction activity. Construction activity is increasing significantly in emerging economies such as India and China due to rising population. As a result, these factors are driving demand for residential and commercial spaces with a strong demand for low maintenance and durable flooring with polished and appealing floors.

The major growth strategies adopted by concrete densifier market players are investment and agreement.

Asia-Pacific will provide more business opportunities for the global concrete densifier market in future.

BASF SE, W.R. Grace & Co., Sika AG, The Euclid Chemical Company, The Sherwin Williams Company, W. R. Meadows, Inc., Evonik, Laticrete International, Inc., Jon Don LLC, and Solomon Colors Inc. are the major players in the concrete densifier market.

Non-residential sub-segment of the end-use acquired the maximum share of the global concrete densifier market in 2022.

The construction industry, warehouses, malls, and many others are the major customers in the global concrete densifier market.

The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global concrete densifier market from 2022 to 2032 to determine the prevailing opportunities.

The demand for smooth and visually pleasing flooring at affordable prices is increasing as a result of construction and remodeling projects in both the residential and commercial sectors, and this is expected to drive the expansion of the concrete densifier market.

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Concrete Densifier Market

Global Opportunity Analysis and Industry Forecast, 2023-2032