Global Urethane Concrete Sealer Market to be Propelled by Expansion in Construction Industry by robust CAGR During 2023 – 2035.
Research Nester published a report titled “Urethane Concrete Sealer Market”: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global urethane concrete sealer in terms of market segmentation by application, sales channel and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global urethane concrete sealer market is anticipated to grow with a robust CAGR of 7% during the forecast period, i.e. 2023-2035. The market is segmented by application into residential construction, commercial construction, and industrial construction. Out of these, the residential construction segment is anticipated to garner the highest revenue by 2031, owing to increased demand of residential buildings.
The global urethane concrete sealer market is estimated to garner notable revenue by the end of 2031. The rapid expansion of residential and non-residential sectors globally is expected to drive the demand for urethane concrete sealers over the upcoming years. These sealers can be applied to both interior and exterior surfaces to impart a transparent and durable finish. Furthermore, the increased emphasis on extending the life of concrete structures, as well as the emphasis on repairing and renovating, are expected to drive sales of urethane concrete sealers during the forecast period.
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Geographically, the global urethane concrete sealer market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America region is estimated to garner the largest market share by the end of 2031, owing to the rapid expansion of construction industry and presence of leading market players.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rise in Construction Activities to Drive the Market Growth
The recent boom in the construction industry across the world, coupled with high investments in infrastructure projects and rising awareness about the benefits of applying urethane concrete sealers on surfaces, are some of the major factors triggering the growth of the urethane concrete sealer market. Furthermore, the burgeoning population has bolstered the urbanization rate, which has led to the robust expansion of the construction industry worldwide. The high investments by both people and governments in developing and expanding construction infrastructure such as residential homes, airports, dams, bridges, commercial buildings, industries, and others are projected to fuel the sales of urethane concrete sealers at a steady pace over the forecast period.
However, the easy availability of alternative chemicals and stringent government regulations are expected to operate as key restraints to the growth of the global urethane concrete sealer market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global urethane concrete sealer market which includes company profiling of Perma Inc., The Dow Chemical Company, Triangle Coatings Inc., Evonik Industries AG, BASF, Prosoco, Inc., Larsen & Toubro Limited, LATICRETE International, W. R. Meadows, Inc., Key Resin Company and more. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global urethane concrete sealer market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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