Polished Concrete Floor Market was valued at USD 7.6 Billion in 2022 and is projected to reach USD 11.8 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The Polished Concrete Floor market experienced significant growth from 2018 to 2022, driven by the increasing demand for durable, cost-effective, and aesthetically pleasing flooring solutions. Polished concrete floors gained traction across various industries, including residential, commercial, and industrial sectors, thanks to their low maintenance, high durability, and versatility. The increasing focus on sustainable construction practices, coupled with growing consumer awareness about eco-friendly building materials, played a key role in promoting the use of polished concrete floors. Moreover, the rise in industrial and commercial construction activities fueled the market's growth during this period, as businesses sought attractive, long-lasting, and easy-to-maintain flooring options.
During 2018 to 2022, several trends contributed to the increasing popularity of polished concrete floors. First, the construction industry's preference for modern, minimalist designs and open-concept layouts spurred the demand for polished concrete, as it offers a sleek and seamless appearance. The flooring's ability to reflect light and enhance the overall ambiance of spaces further made it a favored choice for both commercial and residential properties. Additionally, the benefits of polished concrete, such as its ability to resist stains, reduce dust accumulation, and provide a long lifespan, made it a cost-effective option compared to traditional flooring solutions. The demand was particularly strong in sectors like retail, hospitality, and manufacturing, where durability and low maintenance are crucial.
Looking ahead from 2023 to 2033, the Polished Concrete Floor market is set to continue its growth trajectory. As green building practices gain momentum and the desire for sustainable construction materials intensifies, the demand for polished concrete is expected to rise. Furthermore, the increasing trend of urbanization, coupled with growing commercial and residential construction projects, will further contribute to the market's expansion. Innovations in concrete polishing technology, such as the development of dust-reducing equipment and improved sealers, will also drive growth by enhancing the performance and appeal of polished concrete floors. The market will benefit from the evolving demand for both aesthetic and functional flooring solutions, ensuring its continued relevance in the coming decade.
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Sika
Quick-Step
Mercadier
Duraame
London Polished Concrete
Dutcal
Becosa
Polished Concrete Systems
Geocrete
Kalman Floor Company
Flortek
Cogri Group
GC Concrete
Twintec
FKR Constructions
Rocura
Perfect Polish
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Polished Concrete Floor Market
Residential
Commercial Building
Based on Types the Market is categorized into Below types that held the largest Polished Concrete Floor market share In 2023.
Top Polished Concrete Floor
Exposed Aggregate Polished Concrete Floor
Fully Exposed Aggregate Polished Concrete Floor
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Polished Concrete Floor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Polished Concrete Floor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Polished Concrete Floor Market, By Type
6. Global Polished Concrete Floor Market, By Application
7. Global Polished Concrete Floor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Polished Concrete Floor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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