Global Urethane Concrete Sealer Market Insight

The Urethane Concrete Sealer is forecast to crazy increase over the next four years. According to the WK-chem Research “Global Urethane Concrete Sealer Professional Survey Report 2022, Forecast to 2027”, with the development of the construction industry in developed and developing countries, the Urethane Concrete Sealer industry is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 4.1% base on WK-chem Research regression analysis model.

Analysts’ Viewpoint:

“People's increased environmental awareness is affecting the Urethane Concrete Sealer market. Unlike harmful solvent-based sealants, environmentally friendly sealants are water-based. This means that they have almost no VOC content and do not release so many chemicals into the air,” said Bill Taylor, Senior analyst, Chemicals and materials Market Research Center in WK-chem Research.

Market insight：

Urethane Concrete Sealer is a highly wear-resistant and chemical-resistant external sealant. Compared to acrylic or epoxy applications, Urethane Concrete Sealer has a longer service life. Urethane Concrete Sealer can be applied to the exterior and interior surfaces of buildings to give non-yellowing, transparent and highly durable finishes. The increasing investment in projects based on municipal infrastructure construction in multiple economies around the world is generating demand for concrete sealants. At the same time, global economic growth and population growth will promote the expansion of the construction industry. The rapid growth is mainly concentrated in a few countries, such as China, India, the United States and Indonesia. These factors will promote the market development of Urethane Concrete Sealer.

However, compared with alternatives such as epoxy resin and acrylic, the general awareness of this product is lower and the cost is higher, which may limit the sales of Urethane Concrete Sealers. In addition, the characteristics of Urethane Concrete Sealers, such as not allowing moisture to be removed from the concrete, limit its application and hinder the sale of Urethane Concrete Sealers in the market. Despite this, many participants are increasingly investing in research and development, with a focus on improving efficiency.

Competition Landscape:

This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Urethane Concrete Sealer companies that include Perma, V-Seal Concrete Sealers & Specialty Coatings, Westcoat Specialty Coating Systems, Triangle Coatings, Tennant Coatings, Era Polymers, Dow Chemical Company, BASF SE, Flowcrete Group, Shanghai Ya Rui Industrial.

Segmentation of Urethane Concrete Sealer Market:

Urethane concrete sealers are available in solvent based as well as water based.While each of them has its advantages, water type-based sealers have proved to be unmatched in their performance when used indoors. For surfaces such as driveways, which experience severe stress due to vehicular traffic, exposure to environmental conditions and staining, a solvent-based sealer is preferred. Strict government regulations related to the use of solvent-based concrete sealers may hinder the growth rate of the Urethane Concrete Sealer market in the projected time frame. Major government agencies such as the U.S. Environmental Protection Agency (EPA), Environment Canada, and South Coast Air Quality Management District (SCAQMD) have established regulations to curb volatile organic compound (VoC) emissions from building and industrial maintenance coatings.

The product application range is subdivided into residential buildings, commercial buildings and industrial buildings.The commercial segment will exhibit the highest growth potential and ability to capture the market. This will be due to increased private and public investment in new buildings and the renovation and transformation of country’s aging infrastructure. Increasing infrastructure development is one of the major factors responsible for the growing demand for urethane concrete sealer in commercial applications. Also, the growth in construction of energy-efficient buildings to make it self-sufficient is also expected to impact the market positively over the forecast period. Energy-efficient buildings are constructed in such a way that it require minimal external energy for comfort and internal lighting. The layer of epoxy and urethane concrete sealer restrict the entry of external heat to migrate inside keeping the interior cool. The construction of such buildings are increasing in order to increase energy efficiency, growing urbanization, mitigating greenhouse gas emissions, water and materials efficiency and improving the quality of the building. The construction of energy-efficient building and renovation of existing infrastructure will drive the market of urethane concrete sealer market in developed economies.

Urethane Concrete Sealer Market: Regional Analysis

In terms of geography, the global Urethane Concrete Sealer market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa.

The Asia-Pacific region occupies a larger share of the Urethane Concrete Sealer market. The construction industry in the Asia-Pacific region is on an upward trend driven by population growth and rapid industrialization and urbanization. The growing demand for housing in the region has led to huge investments in new construction and renovation of residential infrastructure, which in turn has increased the overall market. In addition, the continuous development of industrial sectors mainly in China, India and Japan is expected to further drive market value in the next few years.

North America also occupies a larger share. Since the U.S. construction industry recovered from the economic recession, North America may see huge revenue growth. The US market is highly fragmented, with large and small businesses. North America’s heavy industrialization, enhanced infrastructure, consumer acceptance, and high consumer spending are factors driving the development of the market in this region.

Cagr: 4.1%

Largest share area：Asia-Pacific

largest share country：China

Product Type(by Formulating Technology)：Solvent Based, Water Based

Application：Residential Buildings, Commercial Buildings and Industrial Buildings.

Leading Company：Perma, V-Seal Concrete Sealers & Specialty Coatings, Westcoat Specialty Coating Systems, Triangle Coatings, Tennant Coatings