About Decorative Concrete
The concrete designs are one of the hot new trends for concrete patios, concrete floors, entryways, countertops, pool decks and many more. Starting from budgeted one-room remodels showcasing a stunning, stained concrete floor to spacious new homes along with elaborate concrete driveways, the fascination is continuing to grow when it comes to using concrete for decorating. A concrete is now no longer grey, plain and boring, it is thought of as an attractive decorative component. Moreover, decorative concrete changes into warm brown floors, expensive slate-looking patios, and weather-resistant outdoor kitchen countertops traditional grey concrete.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
CAGR | 6.26% |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Decorative Concrete market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BASF SE (Germany), PPG Industries, Inc. (United States), 3M Company (United States), E.I. du Pont de Nemours and Company (United States), RPM International Inc. (United States), Huntsman International LLC (United States), The Sherwin-Williams Company (United States), Boral Limited (Australia), CEMEX S.A.B. de C.V. (Mexico) and Sika AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Lafargeholcim Ltd (Switzerland) and UltraTech Cement Limited (India).
Segmentation Overview
AMA Research has segmented the market of Global Decorative Concrete market by Type (Stamped, Stained, Colored, Polished, Epoxy Coating and Concrete Overlays), Application (Floors, Driveways & Sidewalks, Walls, Patios and Pool Decks) and Region.
On the basis of geography, the market of Decorative Concrete has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Decorative Concrete market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Residential will boost the Decorative Concrete market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Developments in Construction Industry
Market Growth Drivers:
Growing Demand for Green Buildings and Rapid Urbanization across the Globe
Challenges:
Lack of Awareness about Newer Technologies in Developing Economies
Restraints:
High Cost of Decorative Concrete
Opportunities:
Rise in the Construction Activities in Developing Region
Market Leaders and their expansionary development strategies
In October 2023, Proline Concrete® announced the acquisition of StoneTech®, a leading manufacturer of decorative concrete release agents and sealers. This merger is expected to expand Proline Concrete's product portfolio and strengthen its presence in the decorative concrete market.
In October 2023, Ardex Americas launched a new line of self-leveling concrete underlays specifically designed for decorative concrete applications. This new product line offers easier installation and superior performance.
Key Target Audience
Manufacturers of Decorative Concrete, Suppliers of Raw Materials, Governmental Bodies, Decorative Concrete Contractors, End-Users, Market Research Firms and Regulatory Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.