The global decorative concrete market dominated by players such as BASF SE (Germany), PPG Industries, Inc. (U.S.), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), RPM International Inc. (U.S.), Huntsman International LLC (U.S.), The Sherwin-Williams Company (U.S.), Boral Limited (Australia), CEMEX, S.A.B. de C.V. (Mexico), Sika AG (Switzerland), and UltraTech Cement Limited (India).
Complete report on Decorative Concrete Market spread across 183 Pages, Profiling 13 Companies and Supported with 142 Tables and 35 Figures is now available at www.rnrmarketresearch.com/decorati…arket-report.html .
The global market for decorative concrete is projected to grow from USD 9.26 billion in 2017 to reach USD 12.78 billion by 2022, at an estimated CAGR of 6.66%. The decorative concrete market is driven by factors such as growth in interest of consumers toward decoration, rapid urbanization, and demand for green buildings.
- Raw material suppliers
- Decorative concrete contractors
- Architects & engineers
- End users
- Market research & consulting firms
- Regulatory bodies and government
The stained type of decorative concrete is projected to grow at the highest CAGR between 2017 and 2022.
The increasing demand from residential and non-residential sectors is driving the growth of the stained concrete segment in the decorative concrete market. Stamped carpets account for the majority share of the decorative concrete market, since they are extremely durable, easy to maintain, and have longer life span.
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The decorative concrete market is expected to gain traction due to rapid urbanization in the emerging countries. However, the high cost of treatment of decorative concrete may prove as a hindrance in the growth of the market.
In 2016, the European region accounted for the largest share of the total market for decorative concrete, in terms of value, followed by the North America and Asia-Pacific regions.
1 Developing Economies to Register High Growth in Demand for Decorative Concrete
2 Decorative Concrete Market, By Type & Region
3 Decorative Concrete Market, By Application
4 Decorative Concrete Market, By End-Use Sector & Region,
5 Asia-Pacific: Decorative Concrete Market, By Type & Country
6 Decorative Concrete Market: Regional Snapshot
The report defines, segments, and projects the decorative concrete market size on the basis of type, application, end-use sector, and region. The study analyzes competitive developments such as acquisitions, expansions, and new product launches in the decorative concrete market.
More information on this research of “Decorative Concrete Market by Type (Stamped, Stained, Colored, Polished, Epoxy Coating, Concrete Overlays), Application (Floors, Driveways & Sidewalks, Walls, Patios, Pool Decks), End-use Sector, and Region - Global Forecast to 2022” report @ www.rnrmarketresearch.com/contacts…ing?rname=1169557 .
Primary interviews were conducted with a number of industry experts to collect data related to different aspects of decorative concrete. The distribution of primary interviews is as follows:
- By Company Type: Tier 1 - 35%, Tier 2 - 30%, and Tier 3 - 35%
- By Designation: C level - 65% and Manager level - 35%
- By Region: Europe - 28%, North America - 25%, Asia-Pacific - 22%, Middle East & Africa - 15%, and South America- 10%
On the basis of end-use sector, the non-residential sector is projected to grow at the highest rate. The demand from this sector is supported by increased investment in new commercial constructions and renovation projects.
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