404
+1-313-307-4176
sales@stratviewresearch.com
Decorative Concrete Market Forecast | 2022-2028
Decorative Concrete Market Size, Share, Trend, Forecast, Industry and Growth Analysis (2022-2028)
The Decorative Concrete Market is estimated to grow from US$ 16.20 Billion in 2021 to US$ 24.13 Billion by 2028 at a CAGR of 5.82% during the forecast period of 2022-2028.
Wish to Get a Free Sample? Register Here
What is Decorative Concrete?
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.
|
Decorative Concrete Market Features |
|
|
Market Size in 2021 |
US$ 16.20 Billion |
|
Market Size in 2028 |
US$ 24.13 Billion |
|
Market Growth by 2022-2028 |
5.82% CAGR |
|
Base Year of Study |
2021 |
|
Trend Period |
2017-2020 |
|
Forecast Period |
2022-2028 |
|
Dominant Region |
Europe held the largest share of the market. |
|
Segments Covered |
By Concrete Type (Stamped Concrete, Stained Concrete, Concrete Overlays, Colored Concrete, Polished Concrete, Epoxy Coating, and Others) By Application Type (Floors, Walls, Driveways and Sidewalks, Patios, and Others) By End-Use Sector Type (Residential, Non-Residential) By Region (North America, Europe, Asia-Pacific, and Rest of the World) |
The prime factor that is contributing to the growth of the market are-
Wish to Get a Free Sample?. Register Here
Some of the major players in the Decorative Concrete market are-
Concrete Trends
The Polished Concrete held the largest share >18.6% 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.
Want to know the most attractive market segments? Register Here.
The decorative concrete market is segmented as stamped concrete, stained concrete, concrete overlays, colored concrete, polished concrete, epoxy coating, and others. 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 market to grow further.
Application Trends
The Floors segment is expected to be the fastest-growing segment of the market during the forecast period.
The market is segmented as floors, walls, driveways and sidewalks, patios, and others. 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.
Regional Analysis
Europe held the largest share of the market in 2021, 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 2021, 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.
The market is segmented into the following categories.
By Concrete Type
By Application Type
By End-User Sector Type
By Region
Know the high-growth countries in this report, Click Here.
This report provides market intelligence most comprehensively. 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.
|
Report – Features |
|
|
Market Segmentation |
04 |
|
Regions Covered |
04 |
|
Countries/Sub-Regions Covered |
17 |
|
No. of Figures & Tables |
>120 |
|
Company Profiles |
10 |
The following are the key features of the report:
This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
The following is a list of the customers that the market aims to convert the most:
Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
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 to sales@stratviewresearch.com.
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.
The market size was US$ 16.20 Billion in 2021.
The market size is expected to reach an estimated value of US$ 24.13 Billion by 2028.
The market is expected to grow at a CAGR of 5.82% during the forecast period.
Some of the major players in the 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.
Europe held the largest share of the market in 2021.
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 market at a large scale, during the forecast period.
WE ACCEPT
