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North America Non-Residential Polished Concrete Market Size

Report ID: GMI5233
Published Date: Nov 2024
Report Format: PDF

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North America Non-Residential Polished Concrete Market Size

North America Non-Residential Polished Concrete Market was valued at USD 1.51 billion in 2023 and is predicted to grow at a CAGR of over 5.7% from 2024 to 2032, due to technological advancements, evolving design trends, and increased demand for sustainable building materials. Polished concrete is eco-friendly, using existing floors and reducing the need for extra materials like carpeting or vinyl. It reflects light, cutting down on energy use by reducing the need for artificial lighting. Its sleek, modern look makes it popular in office buildings, retail spaces, and hospitality venues. Known for its durability, polished concrete is ideal for high-traffic commercial areas, resisting wear, stains, and scratches.

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Furthermore, new polishing machines and diamond abrasives have improved the quality and speed of finishes. These advancements also offer more decorative options, including a wider range of colors and patterns, appealing to designers and architects. As office spaces, retail centers, restaurants, and healthcare facilities expand, the demand for polished concrete floors in non-residential buildings continues to grow.

North America Non-Residential Polished Concrete Market Report Attributes
Report Attribute	Details
Base Year:	2023
North America Non-Residential Polished Concrete Market Size in 2023:	USD 1.51 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	5.7%
2024 – 2032 Value Projection:	USD 2.45 Billion
Historical Data for:	2021 - 2023
No. of Pages:	220
Tables, Charts & Figures:	180
Segments covered:	Finishing Type, Applications, End Use and Region
Growth Drivers:	Increasing demand for eco-friendly building materials Advancements in polishing equipment and techniques
Pitfalls & Challenges:	High initial costs and labor-intensive installation Competition of alternative flooring materials

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The North American non-residential polished concrete market crossed USD 1.51 billion in 2023 and is estimated to grow at a 5.7% CAGR from 2024 to 2032, driven by technological advancements and increased demand for sustainable building materials.

The new floors segment recorded USD 1.28 billion in 2023 and is expected to grow at a 5.8% CAGR from 2024 to 2032, as new construction significantly drives the market with a focus on sustainability, aesthetics, and durability.

The commercial segment held around 53% share of the North American non-residential polished concrete market in 2023 and is anticipated to grow at a 5.9% CAGR through 2032, led by the demand for aesthetically pleasing and durable flooring solutions in high-traffic areas.

The U.S. non-residential polished concrete market was valued at USD 1.24 billion in 2023 and is expected to grow at a 5.7% CAGR from 2024 to 2032, propelled by the demand for sustainable building practices and minimal maintenance.

The industry features key players such as Advanced Industrial Coatings, Carolina Concrete Floor Polishing, CG Flooring Systems, Concria, CPC Floor Coatings, Creative Maintenance Solutions, Duracryl, H.J. Martin and Son, Indus Floors, Polished Concrete Company, Preferred, Sika, Sinto, West Pacific Coatings, and Zeraus Products.