New Technology in Decorative Concrete - Highlighted for Concrete Overlays, Coatings, Walls and Floors Report on Growth Trends and Future Prospects

The global decorative concrete market dominated by players such as BASF SE (Germany), PPG Industries, Inc. (U.S.), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), RPM International Inc. (U.S.), Huntsman International LLC (U.S.), The Sherwin-Williams Company (U.S.), Boral Limited (Australia), CEMEX, S.A.B. de C.V. (Mexico), Sika AG (Switzerland), and UltraTech Cement Limited (India).

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The global decorative concrete market is projected to grow from USD 9.26 billion in 2017 to reach USD 12.78 billion by 2022, at an estimated CAGR of 6.66%. The decorative concrete market is driven by factors such as growth in interest of consumers toward decoration, rapid urbanization, and demand for green buildings.

Major objectives of the study
• To define, segment, and project the decorative concrete market on the basis of type, application, end-use sector, and region
• To project the size of the market and its subsegments in terms of value and volume, with respect to the five main regions (along with their respective key countries), namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa
• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, industry-specific challenges, and industry trends)
• To strategically analyze the micromarkets1 with respect to the individual growth trends, future prospects, and contribution to the total market
• To analyze the opportunities in the market for the stakeholders and provide a competitive landscape of the market leaders
• To analyze the competitive developments such as acquisitions and investments in the decorative concrete market
• To strategically profile the key players and comprehensively analyze their core competencies

The study also aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). In addition to this, the study analyzes competitive developments such as acquisitions, expansions, technological advancements & new product launch, and research & development activities in the decorative concrete market.

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Stained type of decorative concrete is projected to grow at the highest CAGR between 2017 and 2022. Increasing demand from residential and non-residential sectors is driving growth of stained concrete segment in the decorative concrete market. Stamped carpets account for majority share of decorative concrete market, since they are extremely durable, easy to maintain, and have longer life span.

Key Target audience
• Raw material suppliers
• Decorative concrete contractors
• Architects & engineers
• End users
• Market research & consulting firms
• Regulatory bodies and government

The report defines, segments, and projects the decorative concrete market size on the basis of type, application, end-use sector, and region. The study analyzes competitive developments such as acquisitions, expansions, and new product launches in the decorative concrete market.

More information on “Decorative Concrete Market by Type (Stamped, Stained, Colored, Polished, Epoxy Coating, Concrete Overlays), Application (Floors, Driveways & Sidewalks, Walls, Patios, Pool Decks), End-use Sector, and Region - Global Forecast to 2022” report @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1159145 .

The decorative concrete market is expected to gain traction due to rapid urbanization in the emerging countries. However, the high cost of treatment of decorative concrete may prove as a hindrance in the growth of the market. In 2016, the European region accounted for the largest share of the total market for decorative concrete, in terms of value, followed by the North America and Asia-Pacific regions.

Primary interviews were conducted with a number of industry experts to collect data related to different aspects of decorative concrete. The distribution of primary interviews is as follows:

• By Company Type: Tier 1 - 35%, Tier 2 - 30%, and Tier 3 - 35%
• By Designation: C level - 65% and Manager level - 35%
• By Region: Europe - 28%, North America - 25%, Asia-Pacific - 22%, Middle East & Africa - 15%, and South America- 10%

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This release was published on openPR.