Market Insights
The non-residential polished concrete market was estimated at USD 8.7 billion in 2023 and is likely to grow at a CAGR of 4.15% during 2024-2030 to reach USD 11.6 billion in 2030.

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Market Dynamics
Introduction
Non-residential polished concrete is a versatile and durable flooring solution widely adopted in commercial, industrial, and institutional settings. This flooring option is achieved through a mechanical grinding and polishing process that enhances the natural appeal and strength of concrete surfaces. Polished concrete is valued for its aesthetic appeal, cost-effectiveness, and low maintenance requirements, making it a preferred choice for offices, retail spaces, warehouses, educational institutions, and healthcare facilities.
Its sustainable attributes, including high reflectivity, energy efficiency, and compatibility with green building standards, further contribute to its growing popularity. Additionally, advancements in polishing techniques and decorative options enable customization to meet diverse design and functionality needs in non-residential applications.
Market Drivers
The prime factors contributing to the robust demand for non-residential polished concrete are:
- Increasing construction activities across regions and changing consumer preferences towards low maintenance and reliable flooring options, which are likely to drive the growth of the market during the forecast period.
- Increasing remodeling and renovation operations in non-residential spaces will propel the product demand during the forecast year.

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Key Players
The following are the key players in the non-residential polished concrete market:
Note: The above list does not necessarily include all the top players in the market.
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Segment Analysis
Segmentations
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List of Sub-Segments
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Segments with High Growth Opportunity
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Application Type Analysis
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New Floors and Retrofit Floors
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New floors application segment is estimated to account for a higher market share over the forecast period.
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End-user Type Analysis
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Industrial, Commercial, and Institutional
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Commercial segment accounts for the largest market share during the forecast period.
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Regional Analysis
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North America, Europe, Asia-Pacific, and Rest of the World
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Asia-Pacific is estimated to account for the largest share of the market during the forecast period.
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By Application Type
"New floors application segment is estimated to account for a higher market share over the forecast period"
Based on the application type, the non-residential polished concrete market is segmented into new floors and retro floors. The new floors application segment is estimated to account for a higher market share over the forecast period owing to the product benefits such as cost effectiveness and superior aesthetics compared to other concrete types. The high growth of the segment is owing to the rising demand for the polished concrete products, majorly for warehousing and office applications. Increasing investment in construction activities of non-residential buildings & structures will further propel the market.
By End-user Type
"Commercial segment accounts for the largest market share during the forecast period"
Based on the end-user type, the market is segmented into industrial, commercial, and institutional. The commercial segment accounts for the largest market share and increasing product demand in retail stores and hotels serves as the driving factor for the growth of the segment. The US and Europe have reported significant increase in hotel construction, a trend likely to increase the penetration of polished concrete during the forecast period.
Regional Analysis
"Asia-Pacific is estimated to account for the largest share of the market during the forecast period"
In terms of regions, Asia-Pacific is estimated to account for the largest share of the non-residential polished concrete market during the forecast period, owing to the rising new construction and renovating activities of buildings & structure across major countries, coupled with end-users focus on enhancing their existing industrial facilities in order to remain competitive. China and India are the growth engines of the region’s market. North America and Europe are also expected to offer substantial growth opportunities over the forecast period.

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Research Methodology
- This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s non-residential polished concrete market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Market Segmentation
This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The non-residential polished concrete market is segmented into the following categories.
By Application Type
- New Floors
- Retrofit Floors
By End-user Type
- Industrial
- Commercial
- Institutional
By Region
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
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Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to 3 players)
- SWOT analysis of key players (up to 3 players)
Market Segmentation
- Current market segmentation of any one of the end-user types by application type.
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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