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Non-Residential Polished Concrete Market Share

Report ID: GMI4902
Published Date: Jan 2021
Report Format: PDF

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Non-Residential Polished Concrete Market Share

The non-residential polished concrete industry is dynamic and harshly competitive owing to presence of large number of small to medium scale product manufacturers. Some of the major players in the market are

HeidelbergCement
Cemex
Vicat
Lafarge Holcim
Boral
US Concrete

The key strategic initiatives adopted by these companies include product launches, merger & acquisitions, capacity expansion, etc. In November 2020, HeidelbergCement AG planned to invest nearly USD 400 million on the reorganization program for its various production sites in France, which includes conversion of the plant and automated cement terminal for the distribution. Similarly, the Cemex s.a.b. de c.v. invested in the GoFor Industries, a distributor in North America. These will enhance company’s delivery capabilities in North America for building materials.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for non-residential polished concrete was over USD 7.78 billion in 2020 and could expand at around 4.3% CAGR between 2021-2027.

It is anticipated that new floors will account for the major share of non-residential polished concrete market through 2027 owing to increased investments in construction of commercial buildings.

The market share form commercial buildings were over USD 3.5 billion during 2020 and will grow due to high demand from renovation activities and development of hotels.

APAC non-residential polished concrete market is expected to hold around 55% of the global share by 2027 with increasing infrastructure development in countries like India, Indonesia, Malaysia, etc.