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Concrete Polishing Materials Market: Overview

  • Concrete polishing is a multi-step process, wherein concrete floors are mechanically grounded, honed, and polished by using bonded abrasives in order to achieve a specified level of appearance. The bonded abrasives used are referred to as concrete polishing materials.
  • Polished concrete materials are flexible materials that can be easily customized, in terms of appearance, by using stunning aggregates and quartz, in order to create a sense of industrial sophistication on concrete surfaces in homes as well as commercial buildings. These reflective surfaces created are of evocative quality.
  • Polished concrete materials offer desired gloss and smoothness. By using a series of progressively fine tools (similar to the process of sanding wood), concrete can be grounded to 800, 1,500, or 3,000 grit level with the help of a chemical hardener, which densifies the porous concrete. Concrete polishing materials are primarily used in the construction of buildings. This is because these materials offer multiple advantages such as superior resistance to fire, harsh climatic conditions, damp, and abrasions.

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Key Drivers and Restraints of Global Concrete Polishing Materials Market

  • Concrete polishing materials are used in the construction of buildings, renovation, and repair work of infrastructures. These materials possess the ability to offer superior resistance to fire, harsh climatic conditions, damp, and abrasions. Owing to this factor, the demand for these materials is increasing significantly. Remarkable rise in urbanization and substantial growth of the building & construction sector is expected to fuel the global concrete polishing materials market during the forecast period.
  • Rising construction of commercial places such as hospitals, offices, shopping malls, and retail stores and growing renovation of aged structures, such as railways, airports, and manufacturing and warehousing facilities, leads to requirement for concrete polishing materials. This factor is expected to drive the global polished concrete materials market at a significant pace in the next few years.
  • However, availability of substitutes and increasing use of tiles flooring to improve the aesthetic appeal of houses are expected to restrain the global concrete polishing materials market during the forecast period

Global Concrete Polishing Materials Market, by End-user

  • In terms of end-user, the global polished concrete materials market can be segmented into industrial, residential, commercial, and institutional
  • The commercial end-user segment is expected to hold a significant share of the global concrete polishing materials market by 2027, owing to significant growth of the global transportation industry

Asia Pacific to Dominate Global Concrete Polishing Materials Market

  • In terms of region, the global concrete polishing materials market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to hold a significant share of the global concrete polishing materials market during the forecast period, owing to the flourishing construction industry and unprecedented rise in the building of structures such as shopping malls, complexes, and residential as well as commercial projects in the region. 
  • The Europe concrete polishing materials market is anticipated to expand at a significant rate during the forecast period, due to surge in remodeling practices in residential and commercial sectors and rise in building construction activities in the region

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Key Manufacturers Operating in Global Concrete Polishing Materials Market

The global concrete polishing materials market was highly fragmented in 2019. Major players have prominent presence in developing countries. Key manufacturers operating in the global concrete polishing materials market include:

  • W.R. Meadows Inc.
  • Markham Global Ltd.
  • Canzac
  • Laticrete International
  • Flowcrete Group Ltd

Global Concrete Polishing Materials Market: Research Scope

Global Concrete Polishing Materials Market, by Product

  • Densifiers & Hardeners
  • Conditioners
  • Sealers & Crack Fillers
  • Others

Global Concrete Polishing Materials Market, by End-user

  • Industrial
  • Residential
  • Institutional
  • Commercial
  • Others

Global Concrete Polishing Materials Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Concrete Polishing Materials Market

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