Decorative Concrete Market Growth, Analysis & Forecast, 2020–2027 | By Type, Application

Decorative concrete is the type of concrete that is used to provide an aesthetic appeal to a structure usually recommended by architects and design consultants. The process of transforming concrete into decorative concrete can be done through various techniques like mixing a wide range of materials in the pouring process or adding different colors to magnify the beauty of the structure.

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These materials have the ability to provide a superior finish, durability, structural capabilities, and strength to residential and non-residential structures. Technological advancements and new techniques are providing new materials with even more versatile features that can easily attract customers.

COVID-19 Scenario analysis:

Coronavirus has affected the import and export of construction materials. China is the largest exporter of construction materials globally. Negative trends in the economy of China are anticipated to reduce the global import and export throughout the globe.

Demand for new construction materials have witnessed a massive negative shift since the corona outbreak in December 2019, with manufactures and investors fearing an excessively receding economic growth.

Travel prohibitions around the globe have affected the trade of construction materials. Thus, the supply and demand for construction materials are almost halted throughout the globe.

Construction materials manufacturing companies located in China, are the major sufferers of from the virus outbreak, owing to lockdown and unavailability of logistics in the region.

The major hindrance for the global construction materials market comes from the orders of home quarantine by respective governments, which has led to the discontinuing of production of construction materials.

Decreased consumer demand and consumption has led to reduction and slow down of sales of construction materials all over the globe over the course of the current economic year.

Therefore, the decorative concrete market is expected to be negatively affected in 2020.

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Key Segments

By Type

Polished
Stained
Overlays
Stamped
Others

By Application

Interiors floors
Patio and pool decks
Sidewalks and plazas
Driveways
Walls

By End-user

Infrastructure
Residential
Commercial spaces

By Region

North America
Europe
Asia-Pacific
LAMEA

Key Players

Major players analyzed include Sika AG, HeidelbergCement AG, LafargeHolcim Ltd, Boral Limited, Bomanite India, BASF SE, PPG Industries, Inc., Mcknight Custom Concrete, Inc., Deco-Crete, LLC, Seacoast Concrete.

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