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North America Non-Residential Polished Concrete Market Analysis

  • Report ID: GMI5233
  • Published Date: Mar 2022
  • Report Format: PDF

North America Non-Residential Polished Concrete Market Analysis

The new floors segment dominates the regional non-residential polished concrete market and is poised to reach USD 1 billion by 2028 as it requires less work and involves a low cost of cleaning compared to other floorings. Moreover, polished concrete floors are gaining popularity among retail stores, shops, and office spaces as they offer a combination of simplicity, modernity, and an easy-to-clean slate for styling. Superior durability along with the ability to withstand compressive force will enhance product penetration.
 

 

North America Non-Residential Polished Concrete Market, By End-user

The commercial end-user segment will generate a demand of around 600 kilo tons by 2028 owing to the rising adoption in hotels & retail stores. Increasing consumer shift toward renovating hotels & restaurants will drive the non-residential polished concrete market in the North America. Engraving provides increased depth & dimension to the floor coupled with color separation. The application of polished concretes in commercial projects makes floors resistant to discoloring, staining, and chipping in high traffic; hence, eliminating the need for frequent resurfacing & waxing.
 

 

Canada market size is set to account for nearly USD 115 million revenue by 2028 led by the strong growth in commercial construction in the country. Rising urbanization together with growing construction spending by the government to improve infrastructures will support the regional market growth. Rising flooring applications in industries, such as warehousing, retail, and manufacturing, will favor industry expansion.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The market size of North America non-residential polished concrete crossed US$ 1 billion in 2021 and is predicted to record 4% CAGR during the forecast period of 2022-2028.

The new floor segment will generate a revenue of more than $1 billion by 2028 as the material has supreme durability and can endure high compressive force.

Commercial end-users are likely to generate a demand of more than 600 kilo tons of non-residential polished concrete in North America by 2028 due to the high product use in the renovation of retail stores.

Canada non-residential polished concrete industry revenue is expected to reach $115 million by 2028 as commercial construction activities are gaining momentum across the country.

LafargeHolcim Ltd, Heidelberg Cement AG, Cemex S.A.B. de C.V., Sika Corporation, Summit Material, Vicat, and Martin Marietta Materials, Inc., among several others, are the major players of the industry.

North America Non-Residential Polished Concrete Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 8
  • Tables & Figures: 59
  • Countries covered: 2
  • Pages: 120
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