August 24, 2020
According to the research report titled ‘North America Concrete Sealer Market Size By Product, By Application, Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, North America concrete sealer market is expected to record unprecedented growth during 2020-2026.
Innovative product developments and technological advancements are major factors augmenting the demand for concrete sealers in North America. It is to be noted that concrete sealer plays a vital role while protecting the surfaces from liquid damages including stains from oil & other pollutants, freezing/thawing cycles, deicing salts, and dirt.
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Growing demand for concrete sealers from various industry verticals is aiding the market growth. The product is applied to concrete surfaces since it acts as water repellant, which further helps in preventing water & soluble pollutants such as chlorides from penetrating the porous surface. Rising adoption of such sealers in applications where the concrete surface is regularly exposed to moisture is augmenting the industry remuneration.
Most common concrete sealers are silicon-based, while others include acrylic materials, linseed oil solutions, polyurethane, and epoxy. Inclination towards using durable concrete sealers for long-serving concrete is fueling the market size. These sealers develop a solid defensive layer on the surface and impart a durable as well as a hard coating with high chemical & abrasion resistance.
Sealing can be used for protecting concrete surfaces from ultraviolet rays, oil leaks, grime, and stains. Concrete sealers help in maintaining the concrete color since the discoloration of the surface occurs when exposed to harsh elements, thereby favoring the market outlook.
As per type, North America concrete sealer market is bifurcated into polyurethane, penetrating, film-forming, epoxy, acrylic, and others. The penetrating segment is further classified into siloxane, silane, siliconate, and silicate. The report states that the others segment is predicted to expand with a CAGR of 2.9% during 2020-2026.
Elaborating on the application spectrum, the market is split into industrial, commercial, residential, and others. According to the report, the others application segment is expected to hold 15% volume share by the year 2026.
The prominent companies operating in North America concrete sealer market are Vexcon Chemicals Inc., The Valspar Corp., PPG Industries Inc., W.R. Meadows Inc., SealBond Chemical Industries Inc., PROSOCO Inc., Nutech Paints CA, Mapei Construction Products, Laticrete International Inc., OMNOVA Solutions Inc., Evonik Industries AG, Euclid Chemical Company, Tennant Company, Ameripolish Products, and BASF SE among others.