North America Concrete Sealer Market Analysis

North America Concrete Sealer Market Analysis

Concrete sealers market in North America, based on the product has been segregated into penetrating acrylics, epoxy, film-forming and others. Penetrating sealers are sub segmented into silicate, silliconate, silane and siloxane. The film-forming sealers collected the highest revenue share over 25% in 2019 among the other concrete sealers. Film-forming concrete sealers are generally used for indoor flooring applications.
 

These concrete sealers are the very durable, that makes them useful for sealing parking floors, driveway floors and any other high-traffic retail environments. These sealers can be a bit on the expensive side but are very popular for its use in residential concrete floors, even including the basements. During its use in indoor applications, water-based sealers proves to be the safest, as they don’t involve hazardous fumes from the VOCs.
 

Epoxy concrete sealers formulates an efficient protective coating on the concrete floors, resulting in an abrasion-resistant, long-wearing and hard finish. These sealers are expected to gain a revenue around USD 30 million by 2026. Most epoxy sealers are applied on surfaces to provide glossy finish. It also offers outstanding water repellency and are much stiffer than acrylics. Water-based epoxy sealer bonds well with concrete, but due to their nonporous properties, it does not let trapped moistness to escape.
 

The commercial segment will exhibit the highest growth potential and ability to capture the market, with an anticipated CAGR of 3.5% by 2026. This will be owing to rising investments from private and public sectors for renovation and remodeling of the country’s aging infrastructure. Increasing infrastructure development is one of the major factors responsible for the growing demand for concrete sealers in commercial applications. This report provides an accurate estimation of the products used in commercial construction, boosting the growth of the North America concrete sealer market share.
 

Furthermore, the average price of the commercial segment is expected to remain low compared to the average price of the residential segment. This is owing to the high volume of bulk order from commercial end-users compared to residential consumers. The growing demand for construction chemicals in the U.S. will drive the product demand in the commercial sector.
 

Major parts of the U.S. are propelling the construction activities in the region, covering a revenue more than USD 200 million by 2026. The growing number of public and private sector investments for the development of residential & non-residential buildings is expected to drive the North America concrete sealer market demand. Additionally, the rising need for remodeling and renovating existing aging infrastructure will again drive the industry growth rate over the projected timeframe.