Decorative Concrete Market Size – Industry Share Report 2022

Decorative Concrete Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.

Get sample copy @ https://goo.gl/86Y3sA

The global market for decorative concrete is projected to grow from USD 9.26 billion in 2017 to reach USD 12.78 billion by 2022, at an estimated CAGR of 6.66%. The decorative concrete market is driven by factors such as growth in interest of consumers toward decoration, rapid urbanization, and demand for green buildings. Factors such as growth in the demand from the end-use sector and rise in the number of renovation &remodeling activities are further driving the demand for decorative concrete. Emerging markets such as the Asia-Pacific region have contributed to the increase in the application of decorative concrete in the construction industry. High prices of the treatment area restraining factor for the decorative concrete market.

The stained type of decorative concrete is projected to grow at the highest CAGR between 2017 and 2022. The increasing demand from residential and non-residential sectors is driving the growth of the stained concrete segment in the decorative concrete market. Stamped carpets account for the majority share of the decorative concrete market, since they are extremely durable, easy to maintain, and have longer life span. It is the most common concrete type used to construct floors for both indoor and outdoor applications. The high demand and rapid growth of this concrete are supported by its easy and quick manufacturing process, coupled with reasonable pricing when compared to other concrete types.

Discount of This Report @ https://goo.gl/87hect

The market ecosystem involves various stakeholders in the decorative concrete market, including the raw material suppliers such as BASF SE (Germany), PPG Industries, Inc. (U.S.), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), and RPM International Inc. (U.S.). The next level in the chain involves the assembly team that is monitored by manufacturers such as Huntsman International LLC (U.S.), The Sherwin-Williams Company (U.S.), Boral Limited (Australia), CEMEX, S.A.B. de C.V. (Mexico), and Sika AG (Switzerland). It is followed by the marketing and sales of the finished products, which is only possible if an efficient distribution channel is developed. Finally, the end products are distributed to the consumers.

On the basis of end-use sector, the non-residential sector is projected to grow at the highest rate. The demand from this sector is supported by increased investment in new commercial constructions and renovation projects. Factors such as moderate cost, ease of installation, and favorable aesthetics are to spur the demand for decorative concrete in newly built construction spaces. Decorative concrete is also used in the residential sector to enhance the aesthetic appeal of the houses.

The report defines, segments, and projects the decorative concrete market size on the basis of type, application, end-use sector, and region. The study analyzes competitive developments such as acquisitions, expansions, and new product launches in the decorative concrete market.

About RnRmarketresearch:

Rnrmarketresearch.com is your single source for all market research needs. Our database includes 100,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Contact Us:

Corporate Headquarters
2nd floor, metropole,
Next to inox theatre,
Bund garden road, Pune-411001.
+ 1 888 391 5441
sales@rnrmarketresearch.com

This release was published on openPR.