Press release
Decorative Concrete Market 2020 Competitive Insights- BASF SE, Bomanite India, Boral Limited, CEMEX S.A.B. de CV
Global Decorative Concrete Market?This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.Market Overview
The decorative concrete market is expected to witness a CAGR of above 6% during the forecast period. The major factors driving the growth of the market studied are the increasing demand for remodeling and refurbishment activities, strong demand for stamped concrete for flooring, and the growing demand for green buildings. On the flip side, high capital expenditure serves as one of the stumbling blocks in the growth of the studied market.
- The stamped concrete segment dominated the market and is likely to grow during the forecast period, with growing demand from the residential sectors, especially in Asia-Pacific.
- The incorporation of nanotechnology in the production process is likely to provide opportunities for the studied market, during the forecast period.
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Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-
BASF SE, Bomanite India, Boral Limited, CEMEX S.A.B. de CV, Covestro AG, Dex-O-Tex, Elite Crete Systems, HeidelbergCement AG, LafargeHolcim, MAPEI Corporation, Neocrete Technologies Pvt Ltd, Palermo Concrete Inc., Parchem Construction Supplies (Avista), RPM International Inc. (Increte Systems Inc.), Sika AG, Tarmac, The Euclid Chemical Company, Ultratech Concrete, W. R. Grace & Co.
Market segment by Regions/Countries, this report covers
North America (U.S., Canada, Mexico)
Global (Germany, UK, France, Rest of Global)
Asia Pacific (China, India, Japan, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa
Residential Segment to Dominate the Market Demand
- The trend of using decorative concrete in residential homes and buildings has led to the growth in demand for decorative coatings market, across the world.
- Asia-Pacific has been witnessing strong growth in the residential construction in countries, such as India, China, Philippines, Vietnam, and Indonesia, which is further likely to increase the demand for decorative concrete for residential application, during the forecast period.
- The increase in the middle-class population, coupled with their increasing disposable income, has facilitated the expansion in the middle-class housing construction activities in the region, which further drives the demand for the decorative concrete market.
- Besides, the residential construction is also strong in North America, owing to high housing demand because of the growing populations' demand for homes, and the trend of nuclear families, which is further projected to drive the demand for the decorative concrete market, during the forecast period.
- Besides, Europe has been witnessing the healthy recovery of construction activities, which is expected to further increase the demand for decorative concrete in the years to come.
China to Dominate the Asia-Pacific Region
- Chinas construction industry developed rapidly, due to the central governments push for infrastructure investment, as a means to sustain economic growth.
- Made in China 2025 was introduced by the government, the initiative is aimed at improving industry efficiency, product quality, and brand reputation. This may spur the development of domestic manufacturers and may increase competitiveness.
- The Chinese government rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities over the next ten years, despite efforts to rebalance its economy to a more service-oriented form.
- Besides, there are numerous airport construction projects, which are either in development or planning stage. These include Beijing Capital International Airport, Chengdu Shuangliu International Airport, Chongqing Jiangbei International Airport, Guangzhou Baiyun International Airport, etc.
- Therefore, with all such investments in construction and projects coming up in the country, the demand for the decorative membrane is also expected to increase for construction purposes in the coming years.
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Major points covered in this research are:-
-Decorative Concrete Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2025), Competition by Manufacturers
-Global Market Size (Value) of Decorative Concrete (2020-2025)
-Global Decorative Concrete Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2015)
-Global Decorative Concrete Production, Revenue (Value), Price Trend by Type
-Global Decorative Concrete Market Analysis by Application
-Global Decorative Concrete Manufacturers Profiles/Analysis
-Decorative Concrete Manufacturing Cost Analysis
-Industrial Chain, Sourcing Strategy and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Global Decorative Concrete Market Forecast (2020-2025)
-Competitive Landscape
-Research Findings and Conclusion
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https://www.marketinsightsreports.com/report/purchase/01091744301?mode=su?source=MW&Mod=21
Finally, this Decorative Concrete report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Decorative Concrete product development and gives an outline of the potential Global market
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Irfan Tamboli (Sales)
Phone: + 1704 266 3234
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irfan@marketinsightsreports.com
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