Decorative Concrete Market Opportunities, Strategy, key players and forecast 2027
The report on the Decorative Concrete Market investigates the market's growth factors as well as its segments. Market participants and regions (North America, APAC, Europe, MEA, and South America) provided data. This market research looks in depth at all of the key improvements that are now taking place across all industrial sectors. Statistics, info graphics, and presentations are utilized to give critical data analysis for the historical era (2017-2020). The report investigates the Decorative Concrete markets, as well as the Market Drivers, Restraints, Opportunities, and Challenges. This SMR research contains investor suggestions based on a thorough examination of the Decorative Concrete market's current competitive landscape.
Decorative Concrete Market Scope:
The report includes qualitative and quantitative analysis of the Decorative Concrete Market based on segmentation involving economic and non-economic factors. It also includes an in-depth analysis of the Decorative Concrete industry from various perspectives by employing Porter’s five forces analysis. The report provides insight into the Decorative Concrete Market through the value chain. The report offers historical data and forecasts revenue growth at country, regional and levels along with an analysis of the market trends in each of the sub-segments and regions. The competitive landscape in the report includes details by Decorative Concrete competitors including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The bottom-up approach was used to estimate the and regional Decorative Concrete Market size.
Decorative Concrete Market Overview:
Stellar Market Research provides a comprehensive description of Decorative Concrete Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Decorative Concrete research paper.
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 Segmentation:
The decorative concrete market is classified into stamped concrete, stained concrete, concrete overlays, epoxy coating, polished concrete, colored concrete, and others. Stamped Concrete is predicted to be the largest segment of the Market due to a growth in the usage of stamped decorative Concrete as a result of new residential building and commercial projects. Stamped concrete is easier to install and has a better strength, which drives up demand and growth. Furthermore, the rise of the building industry provides a potential for the decorative concrete market to expand further.
Stained Concrete is expected to increase at a slower rate than the rest of the market. The decorative concrete market is predicted to increase significantly through 2027, mainly to the growing usage of polished concrete, which accounted for more than 18% of the market in 2021.
The ornamental concrete market is divided into four categories: walls, floors, patios, and others. By 2027, the wall application is expected to account for a very minor share of market revenue. The flooring sector is predicted to be the fastest-growing section of the Market throughout the forecast period. Decorative concretes can be imbued with a variety of textures, patterns, designs, and logos to improve the visual appeal of floors. The capacity of ornamental Concrete to provide skid resistance and high strength makes it more desirable because it can sustain heavy foot traffic, increasing its demand in the floors segment. Patios are predicted to increase at a 6.9% CAGR in their segment.
End-use is divided into two categories: residential and non-residential. The non-residential decorative concrete market is likely to be the most significant. The demand for ornamental concrete products is highest in the non-residential market, primarily for flooring applications. Decorative Concrete is preferred for driveways, patios, and sidewalks. Decorative Concrete's permanence, aesthetic appeal, and high-performance features are driving expansion in the non-residential category.
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)
Regional Analysis:
Each regional Decorative Concrete market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Decorative Concrete market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Decorative Concrete report.
Key Questions answered in the Decorative Concrete Market Report are:
Key offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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