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    Decorative Concrete Market | Covid-19 Impact Analysis

    Decorative Concrete Market | Covid-19 Impact Analysis

    Decorative Concrete Market | Covid-19 Impact Analysis
    Report code - SRCE150 Delivery - 2 Weeks
    Decorative Concrete Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Decorative Concrete Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Decorative Concrete Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Decorative Concrete Market Insights

    Decorative Concrete Market is likely to witness an impressive CAGR of 6.5% during the forecast period. The major factors such as rising demand for green buildings, renovative activities, increase in consumers’ interest for interior decoration, and rapidly increasing urbanization are fueling the growth of the decorative concrete market at a large scale, during the forecast period.

    Decorative Concrete Market - Snapshot

    Growth

    6.5% for the next five years

    Major Type

    Stamped Concrete

    Dominant Application Type

    Floors

    Region with the highest demand

    Europe

    Key Players

    Arkema S.A., BASF SE, E.I. Du Pont De Nemours and Company, Huntsman International LLC, PPG Industries, Inc., RPM International Inc., Sika AG, The 3M Company, The Sherwin-Williams Company, and Ultratech Cement Limited.

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    Market Share Analysis

    Decorative Concrete Market Share: By Type

    Based on the type, the market is segmented as stamped concrete, stained concrete, concrete overlays, colored concrete, polished concrete, epoxy coating, and others. Stamped concrete is estimated to be the largest segment of the market as it has been observed that there is a surge in the adoption of stamped decorative concrete on account of the new residential construction and commercial projects. Decorative concrete provides lucrative features, such as aesthetic enhancement, improvement of indoor air quality, and skid resistance. Stamped concrete can be installed easily and has a higher strength, which in turn, increases its demand and growth rapidly. Additionally, the growth of the construction industry also provides an opportunity to the decorative concrete market to grow further.

    Decorative Concrete Market Share: By Application Type

    Based on the application type, the decorative concrete market is segmented as floors, walls, driveways and sidewalks, patios, and others. The floors segment is expected to be the fastest-growing segment of the market during the forecast period. Floors offer various benefits which increase their demand. A wide variety of textures, patterns, designs, and logos can be imparted to decorative concretes, which enhances the aesthetic appeal of floors. The capability of decorative concrete to offer skid-resistance and high strength makes it more preferable, as it withstands heavy foot traffic, which in turn, increases its demand for the floors’ segment.

    Decorative Concrete Market Share: By Region

    In terms of regions, Europe held the largest share of the market in 2016, with Germany, France, and the UK being the major countries with lucrative growth opportunities. Germany accounted for the largest share of the market in the region in the year 2016, followed by France. On the other hand, the UK is estimated to be the fastest-growing country in the European region, owing to the increase in the number of housing activities in the country during the forecast period. The European market has been a leader, considering the factors such as product innovations, in terms of quality and application development processes. Asia-Pacific and North-America are also expected to offer substantial growth opportunities during the forecast period.

    Some of the major players in the decorative concrete market are- 

    • Arkema S.A.
    • BASF SE
    • E.I. Du Pont De Nemours and Company
    • Huntsman International LLC
    • PPG Industries, Inc.
    • RPM International Inc.
    • Sika AG
    • The 3M Company
    • The Sherwin-Williams Company
    • Ultratech Cement Limited

     

    Market Scope & Segmentation

    Decorative concrete is made up of standard concrete, also comprised with different chemicals and components that are used to alter its color, texture, and appearance. It is created through a finishing process that provides an aesthetic quality to the concrete.

    Decorative concretes are best used by the decorative experts for implementing various textures, patterns, and colors in the floors and increase their beauty. Decorative concretes are also considered as cost-effective substitutes for bricks, natural stones, and other construction elements which are otherwise expensive.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Decorative Concrete Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

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    The decorative concrete market is segmented into the following categories. 

    Decorative Concrete Market Size, Share, & Forecast, by Type:

    • Stamped Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Stained Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Concrete Overlays (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Colored Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polished Concrete (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Epoxy Coating (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Decorative Concrete Market Size, Share, & Forecast, by Application Type:

    • Floors (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Walls (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Driveways and Sidewalks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Patios (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Decorative Concrete Market Size, Share, & Forecast, by End-User Sector Type:

    • Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Residential (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Decorative Concrete Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-user sector type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Decorative Concrete Market in the foreseeable future?

    Driven by the factors like rising demand for green buildings & renovative activities, the decorative concrete market is expected to witness an impressive growth of 6.5% CAGR in the foreseeable future.

    Who are the key players in the Decorative Concrete Market?

    Arkema S.A., BASF SE, E.I. Du Pont De Nemours and Company, Huntsman International LLC, PPG Industries, Inc., RPM International Inc., Sika AG, The 3M Company, The Sherwin-Williams Company, and Ultratech Cement Limited are among the key players in the decorative concrete market.

    Which country/region is expected to be the fastest growing Decorative Concrete Market?

    The UK is expected to be the fastest growing country in the decorative concrete market during the next five years.

    Which type of application is expected to be the fastest-growing segment in the market?

    The floors segment is expected to be the fastest-growing segment of the market.

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