Decorative Concrete Market Growth Opportunities, Size, Key Players, Report, Outlook By 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Decorative Concrete Global Market Report 2023 identifies rapid urbanisation as the major driver for the decorative concrete market's growth in the forecast period. The term urbanisation refers to the movement of people from rural to urban areas as well as the increase in human population density in urban areas. The need for residential and non-residential buildings is expanding as a result of urbanization, which will propel the decorative concrete industry forward.

The global decorative concrete market size grew from $16.39 billion in 2022 to $17.44 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The decorative concrete market size is expected to grow to $21.12 billion in 2027 at a CAGR of 4.9%.

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Major competitors in the decorative concrete market are CEMEX S.A.B. de C.V., Heidelberg Cement, BASF SE, 3M Company, SIKA CORPORATION, RPM International Inc., The Sherwin Williams Company.

A key trend in the decorative concrete market includes 3D concrete printing technology. 3D concrete printing technology, also known as additive manufacturing technology, includes the creation of three-dimensional shapes through computer-controlled sequential layering. It is primarily used for prototyping and manufacturing geometrically complex components. The use of 3D concrete printing technology is growing in the construction industry, as it reduces errors, increases design flexibility, reduces environmental impact, and requires fewer materials compared to traditional building techniques. For instance, in July 2021, Petroleum Development Oman (PDO), InnoTech, and Galfar Engineering and Contracting Company launched the 3D concrete printing facility using 3D concrete printing technology in Ghala. This technology provides a sustainable alternative to traditional building by speeding up the construction process and reducing waste.

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The decorative concrete market is segmented -
1) By Type: Stamped Concrete, Stained Concrete, Concrete Overlays, Colored Concrete, Polished Concrete, Epoxy Concrete, Other Types

2) By Application: Walls, Floors, Pool Decks, Driveways And Sidewalks, Patios, Other Applications

3) By End-user: Residential, Non-Residential

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the decorative concrete market.

The Business Research Company's "Global Decorative Concrete Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Decorative Concrete Market Include:
1. Executive Summary
2. Decorative Concrete Market Characteristics
3. Decorative Concrete Market Trends And Strategies
4. Decorative Concrete Market - Macro Economic Scenario
5. Decorative Concrete Market Size And Growth
……….
26. Africa Decorative Concrete Market
27. Decorative Concrete Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Decorative Concrete Market
29. Decorative Concrete Market Future Outlook and Potential Analysis
30. Appendix

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