Decorative Concrete Market opportunities, developments and forecast 2027

Decorative concrete is used to enhance the aesthetics of a structure. Architects and design consultants typically recommend it to provide aesthetic appeal. Regular Concrete is transformed into decorative Concrete through a variety of techniques such as mixing a variety of materials in the pouring process or adding different colors to enhance the structure's beauty. These materials have the potential to provide a superior finish, durability, structural capabilities, and strength.

Decorative Concrete Market Report Scope and Research Methodology:

The report clearly represents a Decorative Concrete Market structure, which includes current trends in the market and forecasts to identify potential investment areas. It consists of various factors affecting the Decorative Concrete market such as historical data, recent technological development, competitive landscape, and government policy. The Decorative Concrete Market report provides information on major drivers, restraints, challenges and opportunities for clients. For easy understanding, the market has been divided into three major segments and these major segments of the Decorative Concrete Market were further divided into various sub-segments. The report also includes a segment-wise analysis of the factors influencing the market growth with the competitive analysis, major market players have been included in the report by their expansion plans, product, investments, pricing and presence in the Decorative Concrete industry.

Both primary and secondary research methods were used and the data collected for the Decorative Concrete Market report by using these methods were combined to draw accurate and error-free inferences. The primary research included interviews with subject-matter experts, Decorative Concrete industry participants, high-level executives of key market players, industry consultants and other experts. The Decorative Concrete Market report includes a PESTLE analysis, which aids in the development of company strategies. SWOT analysis was conducted to provide the strengths and weaknesses of the Decorative Concrete Market.

Decorative Concrete Market Overview:

The market growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy, are all explored in the research. Customization, as well as extensive information about Decorative Concrete industry potential, meets customer expectations. The Decorative Concrete Market study investigates the industry's competitive landscape and leading players. Considering modern industrial conditions, this Decorative Concrete Market study help with structure planning.

Decorative Concrete Market size was at USD 15.3 Bn. in 2021, and the total market is expected to grow at 6.25% from 2022 to 2027, reaching nearly USD 22.01 Bn. by 2027.

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Decorative Concrete Market Dynamics:

Because of increased demand in residential and commercial construction, the decorative concrete market is expected to grow significantly in the future. Rising spending on architecturally designed buildings is increasing the number of renovation and remodeling projects, which is driving global decorative concrete demand. Furthermore, rising commercial building renovation activities and rising individual disposable income are expected to provide lucrative opportunities for the Market to grow. There are certain difficulties and constraints that can stymie market growth. Factors such as a lack of awareness about Decorative Concrete in developing countries and the cost are likely to act as market restraints.

Decorative Concrete Market Segmentation:

The market for decorative concrete is divided into several categories, including stamped concrete, stained concrete, concrete overlays, epoxy coating, polished concrete, colored concrete, and others. Due to an increase in the adoption of stamped decorative concrete as a result of new residential construction and commercial projects, stamped concrete is expected to be the largest segment of the Market. Stamped concrete is simple to install and has a higher strength, which drives up demand and growth. Furthermore, as the construction industry expands, so will the decorative concrete market. Stained Concrete is expected to grow at a slower rate than the rest of the segment. Because of the growing adoption of polished Concrete, which accounted for more than 18% of the Market in 2021, the decorative concrete market is expected to grow significantly through 2027.

Based on the application type, the decorative concrete market is segmented as Walls, Floors, Patios, and others. The wall application is likely to account for a comparatively small portion of the market revenue by 2027. During the forecast period, the floors segment is expected to be the fastest-growing segment of the Market. Floors offer a variety of benefits, which increases their popularity. The ability of decorative Concrete to provide skid resistance and high strength makes it more desirable, as it withstands heavy foot traffic, increasing its demand for the floors segment. Patios are expected to grow at a 6.9% CAGR in their segment.

Residential and non-residential are the two main end-use categories. The decorative concrete market is expected to be dominated by non-residential applications. The demand for decorative concrete products is highest in the non-residential market, primarily for flooring applications. Decorative Concrete is preferred for driveways, patios, and sidewalks. The longevity, aesthetic appeal, and high-performance properties of Decorative Concrete are driving growth in the non-residential segment.

Decorative Concrete Market Key Players:

DuPont (US)

HeidelbergCement AG (Germany)

BASF SE (Germany)

Western Canada Concrete Products (Canada)

Boral Limited (UK)

Solomon Colors, Inc. (US)

CIA Concrete (US)

Sika AG (Switzerland)

3M Company (US)

Sika AG (Switzerland)

RPM International Inc. (US)

The Sherwin Williams Company (US)

PPG Industries, Inc. (US)

Huntsman International LLC (US)

Arkema SA (France)

Ultratech Cement Limited (India)

Decorative Concrete Market Regional Insights:

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Decorative Concrete market. The report forecasts the revenue growth at regional and country levels in terms of USD value from 2021 to 2029. Regional analysis with the Decorative Concrete market size of each region is included in the report. The countries portion of the research examines a variety of market elements that are expected to influence current and future Decorative Concrete market trends, as well as changes in market rules at the country level. Some of the primary components used to forecast each country's Decorative Concrete market situation include consumption, production location and amount, import/export analysis, pricing analysis, raw material prices, and upstream and downstream value chain analysis.

Key Questions answered in the Decorative Concrete Market Report are:

• What are the Decorative Concrete market segments?
• Which segment in the Decorative Concrete market is expected to grow rapidly during the forecast period?
• Which are the prominent players in the Decorative Concrete market?
• What key trends are expected to emerge in the Decorative Concrete market during the forecast period?
• What was the Decorative Concrete market size in 2021?
• Which region dominated the Decorative Concrete market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022−2027.
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segments with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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