Decorative Concrete Market to observe remarkable push over 2019-2025 | key players are Stylebeton, Bomanite, Sika, PPG Industries, Sherwin-Williams, Huntsman International, 3M
Based on application, the decorative concrete are usually employed on walls, floors, and patios. Other application areas include pool decks, footpaths and driveways, ceilings, etc. Among these, floor applications accounted for majority of the segment share and is likely to grow at significant rate in future. This is all due to excellent inherent properties such as abrasion & stain resistance, heat resistance, resilience, high strength, etc.
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Decorative Concrete Market size is majorly driven by the growth in construction industry. The recovery from economic slowdown along with a steady GDP in the North American region will be a key reason for the regional construction sector growth. Decorative concretes is extensively used on floors & walls as it is one of the most versatile construction materials.
Ease of customization and durability of the product also make it perfect for indoor and outdoor building applications. The product enhances the overall look of driveways and also adds aesthetic style to home décor. In 2010, the overall construction spending was around USD 790 billion in the U.S., which increased to over USD 1.18 trillion in 2016. The above mentioned increasing trend of construction spending will bolster the construction activities in the country, which will further propel the decorative concrete demand in future.
Reasons to Buy This Report:
1. Decorative Concrete Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Decorative Concrete Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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Decorative concrete market is segregated into Asia Pacific, Europe, North America, Middle East & Africa and Latin America regions. From these, Europe followed by Asia Pacific will show the positive growth rates in coming years due to the quick recovery of construction activities.
Stylebeton, Bomanite, Butterfield Color, Kuhlman Corp, Sika AG, PPG Industries, RPM International, Sherwin-Williams Company, Huntsman International, UltraTech Cement Limited, 3M are some key companies in decorative concrete market.
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