Concrete Resurfacer Market Trends

Growth Drivers

• Rising Aging Infrastructure - Concrete Resurfacer is a cement-based product that has been treated with polymers, which can be applied to conceal damage and restore worn surfaces.
• Growing Construction of Green Buildings- More builders and homeowners are embracing green building practices which has necessitated the use of concrete resurfacing since it is widely acknowledged as a sustainable building material owing to its lower carbon footprint.
• Increasing Tourism- Concrete resurfacing involves covering the concrete with a decorative overlay, which is suitable for commercial spaces such as hotel lobbies.
• Surging Development of Smart City- The construction of a smart city involves the renovation of roads and sidewalks which is expected to drive the demand for concrete resurfacer market which is used to repair and maintain these surfaces.

Challenges

• Availability of Alternate Materials - In general, asphalt—a black or brown substance with a viscosity ranging from sticky liquid to glassy solid is often utilized as a substitute for concrete driveway resurfacing. The act of adding a fresh layer of asphalt to the top layer is known as asphalt resurfacing which is a reasonably priced method of patching imperfections in a driveway or parking lot. Resurfacing asphalt pavement, sometimes referred to as overlay installation is the procedure of resurfacing involves taking off and replacing the top layers of current asphalt, an affordable option to update old or damaged pavement, and for repairing asphalt on roads, and sidewalks. Besides this, as they are strong reasonably priced effective, and long-lasting, epoxy resurfacing is a popular option for many ornamental concrete resurfacing projects.
• Environmental concerns associated with concrete resurfacer products may limit the adoption
• Technological limitations may hamper the concrete resurfacer market growth