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Decorative Concrete Market Share, Size, Trends, Competitive Dynamics, Top Countries Data and Forecast to 2029
Decorative Concrete Market Overview:The Global Decorative Concrete Market Size Is Projected to Grow from USD 15.4 billion in 2020 to USD 27.14 billion by 2029, at a CAGR of 6.5% From 2022 to 2029.
Decorative concrete is a type of concrete that is used to improve the aesthetics of a structure. Concrete is transformed into Decorative Concrete by the application of a variety of materials, which can be applied during the pouring process or after the concrete has cured. Concrete design is becoming increasingly popular for concrete patios, concrete floors, entryways, countertops, and other applications. Stamped, textured, integral, micro-toppings, stencil, engraved, form liners, diamond-polished, and other types of decorative concrete are used for horizontal and vertical surfaces. The growing construction industry is expected to increase demand for Decorative Concrete.
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The growing adoption of green building concepts and the increasing urbanization are expected to drive the Decorative Concrete Market over the predicted years. Also, the rising adoption of Decorative Concrete from residential & non-residential sectors and growth in the construction of new residential & commercial spaces expect a boost to the market in the coming years. Additionally, the demand for durable, strong, and low maintenance flooring systems is likely to bolster the market demand.
Decorative Concrete Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are CEMEX, S.A.B. de C.V., DuPont, Heidelberg Cement AG, BASF SE, 3M Company, Sika AG, RPM International Inc., The Sherwin Williams Company and Others
Recent Developments
In November 2021, Sika AG announced investment in their newly extended production facility in Jiaxing City, Eastern China. This production facility will help to optimize logistics and ensure shorter transportation routes for raw materials and finished goods. Commissioning of the new facility will also focus on the reduction of Co2 emissions. Sika AG, with the expansion of its production unit in China, will focus on dynamic growth and sustainability to improve competitiveness.
In November 2021, PPG Industries, Inc. inaugurated its packaging coatings innovation Centre in Bodelshausen, Germany. The newly expanded facility will focus on analytics and enhance its R&D capabilities to provide packaging coatings and product development. The facility will strengthen co mpany's global leadership in non-bisphenol coatings for consumer packaging.
In September 2021, Huntsman International L.L.C. and KPX Chemical, which is a leading polyols producer in Korea, announced a joint venture named KPX Huntsman Polyurethanes Automotive Co. Ltd. The joint venture will provide innovative polyurethane system solutions to Korean automakers from specialty polyurethane manufacturing facilities.
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Growth Factors:
Increasing demand from the Decorative Concrete industries
The growing use of Decorative Concrete in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Decorative Concrete Market
Decorative Concrete Market Segmentation:
Decorative Concrete Market by Type, 2020-2029, (USD Million) (Kilotons)
Stamped Concrete
Stained Concrete
Colored Concrete
Polished Concrete
Epoxy Concrete
Concrete Overlays
Decorative Concrete Market by Application Type, 2020-2029, (USD Million) (Kilotons)
Walls
Floors
Patios
Decorative Concrete Market by End Use Type, 2020-2029, (USD Million) (Kilotons)
Residential
Non-Residential
Decorative Concrete Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Frequently Asked Questions
What is the Future Market Value for Decorative Concrete Market?
What is the Growth Rate of the Decorative Concrete Market?
What are the Major Companies Operating in the Decorative Concrete Market?
Which Countries Data is Covered in the Decorative Concrete Market?
What are the Main Data Pointers Covered in Decorative Concrete Market Report?
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