The global decorative concrete market is expected to reach a market size of USD 26.99 Billion at a steady CAGR of 6.1% in 2028. Due to the growing trend of remodelling and refurbishment to enhance the aesthetics of outdoor and interior structures in the residential and non-residential sectors, the decorative concrete industry is experiencing a surge in demand. The market for decorative concrete is expected to expand as a result of rising household and business spending as well as a shift in customer preferences toward improving the visual appeal of such constructions.
Due to its low maintenance requirements, excellent durability, and dependability, decorative concrete is in high demand and the industry is expanding. Due to the advantageous chemical, weather-resistant, and high thermal efficiency features of this concrete, its demand has expanded across a range of applications and end-uses.
Increased remodelling and renovation efforts to enhance buildings’ aesthetic appeal and draw in more customers are elements anticipated to continue supporting market growth. These commercial structures include hotels, malls, and office buildings. Future market growth will also be fueled by an increase in the number of commercial buildings being developed annually.
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The Decorative Concrete Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Decorative Concrete market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Decorative Concrete industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2028.
Key Highlights from the Report
The government of Wichita, Kansas, USA, announced in June 2019 that six new swimming pools and splash pads would be built. To enhance the aesthetics and safety of the pools, decorative concrete will be used to embellish them. The project was completed by Memorial Day 2020 and has a USD 20 million budget.
Imprinted or textured concrete, commonly referred to as stamped concrete, imitates materials like flagstone, slate, brick, and even wood. Pool decks, patios, driveways, and other surfaces may all be made to seem beautiful with the range of colour and pattern options available. Additionally, it is a low-maintenance paving alternative that is cheap.
Among the application segments in 2020, the flooring segment’s revenue share was the highest. Due to its lifespan and resilience, decorative concrete will be able to replace conventional flooring systems like plywood and tiles. This industry is expanding as a result of rising consumer demand for improved floor aesthetics.
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The global Decorative Concrete market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Decorative Concrete market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Decorative Concrete market.
Emergen Research has segmented the global decorative concrete market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2021–2028)
Stained Concrete
Colored Concrete
Stamped Concrete
Epoxy Concrete
Polished Concrete
Concrete overlays
Others
Application Outlook (Revenue, USD Billion; 2021–2028)
Walls
Floors
Pool Decks
Driveways & Sidewalks
Patios
Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
Residential
Non-residential
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Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
3M Company,
BASF SE,
PPG Industries, Inc.,
DuPont,
Arkema S.A.,
Ultratech Cement Limited,
The Sherwin Williams Company,
Huntsman International LLC,
Boral Limited, and
Sika AG.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Decorative Concrete market?
What are the key product types and applications of the Decorative Concrete industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Decorative Concrete market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Decorative Concrete Market by 2028?
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