Earlier, concrete densifiers were not a viable solution for sealing, hardening, protecting and covering industrial concrete floors. However, these days, concrete densifiers have begun to utilize siliconate and silicate enhanced agents. The use of siliconate and silicate enhanced agents in concrete densifiers leads to water resilient and moisture resistant floors.
Concrete densfiers are mainly used on non-polished concrete to improve stain resistance and reduce dusting. Its various applications include floors in warehouses, industrial plants, shopping malls, stores, schools, food-processing plants and hospitals. Concrete densifiers make concrete floors more durable.
Moreover, manufacturers are trying to innovate their technologies to capture significant market share in the concrete densifier market. For instance, W.R. Meadows has developed an Induroshine System which combines a concrete densifier and sealer to polish the concrete flooring systems.
Similarly, CFI (Coating for Industry) has developed a new product called WearCOAT 3020 (lithium silicate – water based concrete densifier). A coating of this densifier helps to make polished concrete floors more durable and gives them a remarkable finishing.
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Global Concrete Densifier Market: Drivers
Growing demand for construction projects and increasing awareness in the floor polishing market are the two factors expected to fuel the demand in the global concrete densifier market. Moreover, increase in demand for retail, commercial, industrial and institutional environment spaces across the globe is further expected to upsurge the demand in the concrete densifier market during the forecast period.
Global Concrete Densifier Market: Region Wise Trend
North America, followed by Europe, holds a significant share in the global concrete densifier market owing to the presence of prominent manufacturers (such as BASF, Evonik, John Don LLC) in the region. The Asia Pacific (especially China, India and Japan) region is expected to show robust growth over the forecast period owing to the growth in construction activities and increase in the number of hotels, schools and hospitals in the region.
Also, government initiatives to increase foreign direct investments in countries, such as China and India, to increase manufacturing will also contribute to the growth of the global concrete densifier market during the forecast period.
Western Europe, Eastern Europe, North America and Asia Pacific are expected to hold more than half of the total market share in the global Concrete densifier market. The rest of the world is estimated to account for a relatively small share in the concrete densifier market.
Moreover, upcoming & ongoing malls construction project coupled with available repair & maintenance services facility of shopping mall will spur the overall demand in the global concrete densifier market. For instance, according to estimate more than 46,000 of malls are present in U.S.
Additionally, every year more than dozen malls are being inaugurated which will support the demand for said market. In addition, continuously rise in project of new airports or their expansion will in turn be the trending opportunity for concrete densifier manufacturers.
Private and public sectors are making huge investments in residential and commercial construction projects. This, in turn, will spur the overall demand in the global concrete densifier market.
Global Concrete Densifier Market: Market Participants
Some of the market participants/vendors identified across the value chain of the Concrete Densifier market are:
- BASF SE
- Duraamen Engineered Products
- WR Meadows
- Jon Don LLC
- Evonik
- AmeriPolish
- Laticrete International
- Chem Tec
- Krete Tek industries
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