Market research future published a half-cooked res CAGR each report on Global Decorative Concrete Market that contains the information from 2017 to 2023. Global decorative concrete market is expected to grow with the CAGR of approximately 6.2% from 2017 to 2023.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Decorative Concrete Market Information from 2017 to 2023″
Concrete is the most commonly used construction material all over the world. Decorative concrete is simply regular concrete with an added touch of unique coloring, patterns, or finishes. Now a days, people are increasingly looking for creative surroundings in their homes and businesses. This factor fuels the growth of the market. Decorative concrete can also serve safety purposes as well, for instance adding texture to concrete will create a no-slip finish that is perfect to have around pools, or where children or the elderly frequent. However, lack of information among consumers, particularly in Asia Pacific region, may hamper the growth of the market.
Hence, global decorative concretes market is expected to grow at a CAGR of 6.2% during the forecast period.
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Market Research Analysis:
For the purpose of this study, the global decorative concretes market has been divided into three segments such as by type, application and by end use. On the basis of type, the market has been segmented as stamped concrete, stained concrete, concrete dyes, polishing concrete and others. Among types, stamped concrete accounts for the largest market share. Stamped concrete is a continuous concrete surface that has been molded or stamped to appear very much like individual pavers, bricks, stone, or even wood. It is widely used in the exterior applications such as pool decks, driveways & sidewalks, and patios. The demand and rapid growth of stamped concrete, are supported by its easy installation and higher strength.
On the basis of end use, the market has been segmented as floors, driveways, walls, patios, and others. Among the end use, floor accounted for the largest market share. It is projected to grow at the highest CAGR during the forecast period. Based on application, the market has been segmented as residential and non-residential. Residential segment accounted for the largest market share. Due to increasing population and urbanization, there has been a shift in the population in the urbanized areas, especially in developing nations. This transition leads to the increasing demand for homes and residential complexes. This drives the demand of the market from this sector. Non-residential segment is projected to grow at the highest CAGR during the forecast period. Increased investment in new commercial constructions and renovation projects, increase demand from this sector.
European region dominates the global decorative concrete market
Geographically, the global decorative concrete market has been divided into four major regions, and they are North America, Europe, Asia Pacific and Rest of the World. Europe has accounted for the largest market share, in 2016, followed by North America and Asia Pacific. Increasing up gradation, and repair and rehabilitation of the existing infrastructure are driving the growth of the market in Europe. Germany and the U.K. are the major markets in Europe. In U.K., the construction value of both public and private sectors, is increasing continuously. This will create huge potential demand for the market in coming years. North America is the second largest region for the market. The U.S. is the major markets in North America. Strong development in commercial and residential structures in the U.S., is anticipated to fuel the demand for market in the region.
Asia Pacific is expected to grow at the highest CAGR during the forecast period. Increase in construction activities in countries such as China, Japan, India, and Indonesia in Asia Pacific region, is the major factor fueling the growth of the market. Additionally, increase in industrialization, rising urbanized population, and growth in spending capacity are the factors leading to the growth of the market in Asia Pacific region. China is one of the leading markets in the Asia Pacific region. The Chinese Government issued several favorable policies for lowering the proportion of down payment for second house loans and exempting of sales tax for ordinary housing. This helped the recovery of commercial housing market. This will also be a positive influence on the growth of the market.
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- Sika AG (Switzerland)
- HeidelbergCement AG (Germany)
- LafargeHolcim Ltd (Switzerland)
- Boral Limited (Australia)
- Bomanite India (India)
- BASF SE (Germany)
- PPG Industries, Inc. (U.S.)
- Mcknight Custom Concrete, Inc.(U.S.)
- Deco-Crete, LLC (U.S.)
- Seacoast Concrete (U.S.)
This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global construction lift market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.
Scope of the Report:
This study provides an overview of the global decorative concrete market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global decorative concrete market by its by type, by application, by end use and region.
- Stamped Concrete
- Stained Concrete
- Concrete Dyes
- Polishing Concrete
By End Use:
- North America
- Asia Pacific
- Rest of the World
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