Report Code : A53699
The global concrete sealers market is expected to possess high growth potential in the coming years. Concrete sealers act as protecting agent and finds a wide range of applications in building and construction, commercial, industrial, and others. Concrete sealers possess excellent properties such as high mechanical strength, adhesion to metals, thermal resistance, chemical resistance, and corrosion resistance that make it best suited in road making process, where it reduces the permeability of the concrete, preventing moisture and road salts from being absorbed into the concrete slab. Furthermore, factors such as flexibility in operation, ease of application, and minimal or no volatile organic compounds (VOCs) levels enhance performance of concrete sealers in several end-use industries. CXOs further added that sustained economic growth and development of the building & construction sector have increased the popularity of concrete sealers.
Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research
According to a new report published by Allied Market Research, titled, “Concrete Sealers Market," The concrete sealers market was valued at $1.7 billion in 2021, and is estimated to reach $3.1 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.
Concrete sealers are chemical substances that are essential components for protecting concrete surfaces from staining, water erosion, extreme temperatures, oil, dirt, and other contaminants. It provides a strong layer of permanent and temporary protection to concrete surfaces and floors. It possesses various characteristics such as protecting the surfaces from moisture, helps in improving the durability of concrete, and retains natural appearance of surfaces. Various types of concrete sealers are there, which include epoxy, acrylic, pertaining, silicate, and polyurethane. These concrete sealers have a wide range of application in building & construction, residential, commercial, industrial, and other end-use sectors.  
Rise in the investments in building infrastructure in countries such as the U.S., China, Japan, Mexico, and India, has led the building & construction sector to witness a significant growth where concrete sealers are used for flooring, wall finishing, and roofing applications. In addition, sustainable economic growth coupled with surge in demand for consumer goods has led the automotive & transportation sector to witness a significant increase in demand where concrete sealers is widely used for corrosion protection applications on walkways, subways, pedestrian, and parking area. These factors are expected to contribute toward the global market growth.  
However, the concrete sealers can be slippery when the surfaces are wet, which in turn restrains the use of concrete sealers for flooring applications near pools or other wet places as the moisture not only continue to accumulate, however, also starts causing subtle damage to the surface finish as well as the slab itself.  
In addition, improper installation of concrete sealers may cause mold and water seeping underneath the epoxy floors, which in turn may decrease the durability of floors. These factors are expected to restrain the market growth during the forecast period.  
The emergence of high solid concrete sealers that produce little or no VOCs has boosted the potential applications of concrete sealers among several end-use sectors. For instance, polyurethane sealers are widely used for interior and exterior coating applications. Moreover, the upsurge in population coupled with a rise in the number of working population has enhanced the performance of commercial sector. Along with this, the government of both developed and developing economies have invested in developing commercial sectors.
Concrete sealers are used for enhancing aesthetics of flooring and protect it from dirt, spillage, corrosion, UV rays, and moisture and due to this quality, it has gained popularity in the commercial sectors. This is anticipated to increase the sales of high solid concrete sealers; thus, creating lucrative opportunities for the market. 
The concrete sealers market is segmented on the basis of technology, application, and region. By type, the market is segregated into pertaining sealers, acrylics, polyurethane, and epoxies. The pertaining sealers segment dominated the global market in terms of revenue in 2021, with 35.9% of the total share. Developing economies such as China and India are constantly engaged in constructing well-developed roads and highways, a widespread railway network, fast-growing aviation, and developing ports, shipping, and inland waterways infrastructure, which in turn may aid the development of transportation in the future.
Penetrating sealers contain an advanced formula that chemically reacts with the capillaries of driveways, protecting the surface from moisture penetration, chemicals, and de-icing salt due to which it has been widely used as a protective agent in the transportation sector across the world. This is anticipated to increase the sales of pertaining concrete sealers among the growing transportation sector; thus, fueling the market growth.   
By application, the market is divided into building & construction, industrial, commercial, and others. The commercial segment dominated the global market in terms of revenue in 2021, with 39.4% of the total share.  Growing population coupled with well-established commercial sector in both developed and developing economies have fueled the market growth. Furthermore, increase in working population and government schemes and high potential investment in developing commercial building across the globe has driven the concrete sealers market.
According to an article published by India Brand Equity Foundation in October 2022, it states that, the Indian real estate market is growing at a rapid pace. It is expected to increase to $1 trillion in 2030 from $200 million in 2021, making it the third largest sector globally. Concrete sealers are used in commercial buildings and structures as a protective coating as it does not hamper aesthetics of flooring due to its resistance to corrosion, UV, and moisture. This may anticipate driving the market growth during the forecast period.
Region-wise, the concrete sealers market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific concrete sealers market size is projected to grow at the highest CAGR during the forecast period, and it accounted for a major concrete sealers market share in 2021, the rise in building & construction, transportation, chemical manufacturing, and other sectors have enhanced the performance of the concrete sealers in the Asia-Pacific region.
Countries such as India and Australia have witnessed a rapid growth in transportation sectors where concrete sealers are employed as protective coatings on walkways, subways, pedestrian, auto traffic, and others. For instance, according to a report published by the Indian Ministry of Commerce and Industry, the transportation sector in India is expected to grow at a CAGR of 5.9%, owing to the development of highways, widespread railway networks, aviation ports, and waterways structure.
Furthermore, the tourism sector in Thailand and Indonesia has witnessed a significant growth, which in turn has increased the renovation activities, wherein concrete sealers is widely used for concrete flooring applications. Furthermore, countries such as India and Australia are constantly engaged in building highways and high-speed railway tracks which in turn has led the transportation sector to witness a significant growth. This may foster the demand for concrete sealers market in the growing transportation sector.
Key players operating in the global concrete sealers market include BASF SE, Sika AG, PPG Industries, Laticrete International, Inc., Royal Associates, Valspar, Prosoco Corporation, Mapei Corporation, W. R. Meadows, Inc., XETEX INDUSTRIES PRIVATE LIMITED INDIA. 
Key findings
By type, the pertaining sealers segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.7% from 2021 to 2031. 
By application, the commercial application segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.7% from 2021 to 2031. 
By region, Asia-Pacific garnered the highest share of more than 40% in 2021, in terms of revenue, growing at a CAGR of 7.1%. 
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Concrete Sealers Market by Type (Pertaining Sealers, Acrylics, Polyurethane, Epoxies, Others), by Application (Building and Construction, Industrial, Commerical, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031
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