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Decorative Concrete Market Report
The Decorative Concrete Market is Segmented by 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...
Impact of COVID-19 on Decorative Concrete Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 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 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.
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Decorative Concrete Market - Snapshot |
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Growth |
6.5% for the next five years |
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Major Type |
Stamped Concrete |
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Dominant Application Type |
Floors |
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Region with the highest demand |
Europe |
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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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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.
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.
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.
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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.
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Decorative Concrete Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The decorative concrete market is segmented into the following categories.
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Some of the major players in the decorative concrete market are
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.
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:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
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 at sales@stratviewresearch.com.
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.
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.
The UK is expected to be the fastest growing country in the decorative concrete market during the next five years.
The floors segment is expected to be the fastest-growing segment of the market.
Stamped concrete is estimated to be the largest segment of the decorative concrete market over the next five years.
The major factors driving the decorative concrete market are rising demand for green buildings, renovative activities, increase in consumers’ interest for interior decoration, and rapidly increasing urbanization.
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