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Decorative Concrete Market Expected to Grow at 15.4 Billion In Revenue by 2025
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The global decorative concrete market size is projected to grow from USD 15.4 billion in 2020 to USD 20.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.9%.This report spread across 175 Pages, Profiling 13 Companies and Supported with 141 Tables and 55 figures are now available in this research.
Top Companies Profiled in the Decorative Concrete Market:
• CEMEX S.A.B. de C.V. (Mexico)
• DuPont (US)
• Heidelberg Cement AG (Germany)
• BASF SE (Germany)
• 3M Company (US)
• Sika AG (Switzerland)
• RPM International Inc. (US)
• The Sherwin Williams Company (US)
• PPG Industries Inc. (US)
• Huntsman International LLC (US)
• Arkema SA (France)
• Ultratech Cement Limited (India)
• Boral Limited (Australia)
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The polished concrete segment is projected to grow at the highest CAGR from 2020 to 2025. Polished concrete in the form of flooring has become the preferred choice due to its high gloss finish and esthetic appeal. It is used as an alternative to marble, granite, tile, linoleum, or coated concrete, as it is cost-effective and can sustain high foot traffic.
Driveways & sidewalks is projected to be the fastest-growing segment in the decorative concrete market. Decorative concrete has become one the popular choices in driveways and sidewalks; stamped or stained type of decorative concrete is often used in driveways and sidewalks. It is relatively maintenance-free and requires minimal maintenance to maintain the color and texture of the walkway.
In terms of value and volume, the APAC region is projected to grow at the highest CAGR from 2020 to 2025. Emerging economies in APAC are expected to experience significant demand for decorative concrete as a result of the expansion of the construction industries due to rapid economic development and government initiatives toward infrastructural development. The growing population in these countries represents a strong customer base.
Table Of Contents:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Inclusions And Exclusions
1.4 Market Scope
Figure 1 Decorative Concrete Market Segmentation
1.4.1 Years Considered
1.4.2 Regional Scope
Figure 2 Decorative Concrete Market, By Region
1.5 Currency Considered
1.6 Unit Considered
1.7 Stakeholders
1.8 Limitations
1.9 Summary Of Changes
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
Figure 3 Top-Down Approach
2.3 Data Triangulation
Figure 4 Decorative Concrete Market: Data Triangulation
Figure 5 Key Market Insights
Figure 6 List Of Stakeholders Involved And Breakdown Of Primary Interviews
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary
Figure 7 Stamped Concrete To Remain Largest Decorative Concrete Market
Figure 8 Floors To Be The Largest Segment In The Decorative Concrete Market During The Forecast Period
Figure 9 Non-Residential To Grow At Higher Cagr In The Decorative Concrete Market
Figure 10 North America Led The Decorative Concrete Market In 2019
4 Premium Insights
4.1 Emerging Economies To Witness A Relatively Higher Demand For Decorative Concrete
Figure 11 Emerging Economies Offer Attractive Opportunities During The Forecast Period
4.2 North America: Decorative Concrete Market, By End-Use Industry And Country
Figure 12 Us Was The Largest Market For Decorative Concrete In North America In 2019
4.3 Decorative Concrete Market, By Type
Figure 13 Stamped Concrete To Lead The Decorative Concrete Market During The Forecast Period
4.4 Decorative Concrete Market, By Application
Figure 14 Floors To Be The Largest Market For The Global Decorative Concrete Market By 2025
4.5 Decorative Concrete Market, By End-Use Sector
Figure 15 Non-Residential Segment To Lead The Decorative Concrete Market
4.6 Decorative Concrete Market, By Country
Figure 16 China To Grow At The Highest Cagr From 2020 To 2025
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Decorative Concrete Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand For Stamped Concrete For Flooring Applications
5.2.1.2 Rise In Demand For Green Buildings
5.2.2 Restraints
5.2.2.1 Volatility In Raw Material Prices
Figure 18 Crude Oil Price Trend
5.2.2.2 High Cost Of Treatment
5.2.3 Opportunities
5.2.3.1 Population Growth And Rapid Urbanization Translating To Large Number Of Construction Projects
Table 1 Apac Urbanization Trend, 1990–2050
5.2.3.2 Rise In Renovation And Remodeling Activities
5.2.4 Challenges
5.2.4.1 Lack Of Awareness About Decorative Concrete In Developing Economies
6 YC-YCC Drivers
Figure 19 Yc-Ycc Drivers
7 Industry Trends
7.1 Introduction
7.2 Supply Chain Analysis
Figure 20 Decorative Concrete Supply Chain
7.2.1 Prominent Companies
7.2.2 Small & Medium-Sized Enterprises
7.3 Porter’s Five Forces Analysis
Figure 21 Porter’s Five Forces Analysis
7.3.1 Threat Of New Entrants
7.3.2 Threat Of Substitutes
7.3.3 Bargaining Power Of Suppliers
7.3.4 Bargaining Power Of Buyers
7.3.5 Intensity Of Competitive Rivalry
8 Covid-19 Impact On Decorative Concrete Market
8.1 Introduction
Figure 22 Impact Of Covid-19 In 2020 (Q1) On Different Countries
8.2 Covid-19 Impact On Decorative Concrete Market
9 Decorative Concrete Market, By Type
…………..CONTINUED
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