Global Decorative Concrete Market - Industry Trends and Forecast to 2029

Global Decorative Concrete Market Analysis and Size

Architectural concrete, such as decorative concrete, is used to improve the visual finish of building surfaces such as walls, floors, driveways, and patios. It provides a wide range of surface finishes and treatments for use on concrete.

• Non-residential segment is expected to hold the largest share in the end use sector of decorative concrete market due to the increasing non-residential remodelling and refurbishment operations. Data Bridge Market Research analyses that the decorative concrete market was valued at USD 3395.20 million in 2021 and is further estimated to reach USD 5452.41 million by 2029, and is expected to grow at a CAGR of 6.1% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Scope and Market Segmentation

Global Decorative Concrete Market Definition

Decorative concrete is defined as the use of concrete to improve the aesthetics of a structure. Concrete can be transformed into Decorative Concrete using a range of materials that can be applied during the pouring process or after the concrete has set. Concrete patios, concrete floors, entryways, worktops, and other concrete structures are becoming increasingly popular.

Decorative Concrete Market Dynamics

Drivers

Major factors that are expected to boost the growth of the decorative concrete market in the forecast period are as follows:

• Rise in the demand for stamped concrete for flooring applications

The increased need for stamped concrete, particularly for hotel flooring and other commercial structures. This is mostly owing to the stamped concrete's several advantages, including strong aesthetic appeal for floors, as well as resistance to sliding and wear and tear caused by heavy footfall which is one of the main factors driving up the decorative concrete market.

• Growing remodeling and renovation operations

Changing architectural and design trends are leading to more remodelling and renovation operations to improve the beauty of indoor and exterior housing structures, which is favourably impacting the market growth.

• Improving government reforms

Emerging-market governments are actively spending and focusing on the development of commercial and industrial infrastructures by executing different programmes and assigning projects, accelerating the decorative concrete market expansion.

Opportunities

In addition, the rise in the population and rapid urbanization interpreting to great number of construction projects is further estimated to provide potential opportunities for the growth of the decorative concrete market in the coming years.

Restraints/Challenges Global Decorative Concrete Market

On the other hand, the rise in the cost of treatment is further projected to impede the growth of the decorative concrete market in the targeted period. However, the dearth of awareness regarding the decorative concrete in the advancing countries might further challenge the growth of the decorative concrete market in the near future.

This decorative concrete market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the decorative concrete market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Covid-19 Impact on Decorative Concrete Market

The pandemic of COVID-19 has had a huge impact on the decorative concrete market. The decorative concrete market is being impacted by slowed raw material production, supply chain disruption, impeded trade movements, declining construction demand, and lower demand for new projects as a result of COVID-19. However, in the post-COVID scenario, decorative concrete market is projected to be significantly impacted due to the advanced ceramics have emerged as a promising material for carriers that contain and transmit blood probes in diagnostic equipment due to their biocompatibility.

Recent Development

• In September 2020, the acquisition of Ideal Work (Italy), a company specialising in decorative flooring solutions, by Arkema strengthens Bostik. This project fits nicely with Arkema's focused adhesives growth plan, which is based on cutting-edge technologies that precisely complement Bostik's current construction offering.

Global Decorative Concrete Market Scope and Market Size

The decorative concrete market is segmented on the basis of type, application and end use sector. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Stamped Concrete
• Stained Concrete
• Concrete Overlays
• Colored Concrete
• Polished Concrete
• Epoxy Concrete
• Others

On the basis of type, the decorative concrete market is segmented into stamped concrete, stained concrete, concrete overlays, colored concrete, polished concrete, epoxy concrete and others. Others has been further sub segmented into concrete dyes, engravings, and knockdown finish.

Application

• Floors
• Walls
• Driveways and sidewalks
• Patios
• Pool decks
• Others

On the basis of application, the decorative concrete market is segmented into floors, walls, driveways and sidewalks, patios, pool decks and others. Others has been further sub segmented into ceilings and countertops.

End Use Sector

• Residential
• Non-Residential

On the basis of end use sector, the decorative concrete market is segmented into residential and non-residential.

Decorative Concrete Market Regional Analysis/Insights

The decorative concrete market is analysed and market size insights and trends are provided by country, type, application and end use sector as referenced above.

The countries covered in the decorative concrete market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the decorative concrete market due to the rise in the tourism industry because of high tourist influx. Furthermore, the enhancing economic conditions has offered European hospitality industry which will further boost the growth of the decorative concrete market in the region during the forecast period.

North America is projected to observe significant amount of growth in the decorative concrete market due to the rise in the commercial projects and residential remodelling and renovation activities. Moreover, the growing average age of houses is further anticipated to propel the growth of the decorative concrete market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Decorative Concrete Market Share Analysis

The decorative concrete market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to decorative concrete market.

 Some of the major players operating in the decorative concrete market are:

• CEMEX Colombia SA (Mexico)
• DuPont (US)
• HEIDELBERGCEMENT AG (Germany)
• BASF SE (Germany)
• 3M (US)
• Sika AG (Switzerland)
• RPM International Inc. (US)
• The Sherwin-Williams Company (US)
• PPG Industries, Inc. (US)
• Huntsman International LLC. (US)
• Arkema (France)
• Ultratech Cement Ltd. (India)
• Boral Limited (Australia)

Research Methodology : Global Decorative Concrete Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-decorative-concrete-market

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