Decorative Concrete Market Projected to Reach 12.78 Billion USD by 2022
Decorative Concrete Market Projected to Reach 12.78 Billion USD by 2022 © MarketsandMarkets™
The report "Decorative Concrete Market by Type (Stamped, Stained, Colored, Polished, Epoxy Coating, Concrete Overlays), Application (Floors, Driveways & Sidewalks, Walls, Patios, Pool Decks), End-use Sector, and Region - Global Forecast to 2022", The decorative concrete market size is projected to grow from USD 9.26 Billion in 2017 to reach USD 12.78 Billion by 2022, at a CAGR of 6.66%.
Browse 142 Market Data Tables and 35 Figures spread through 183 Pages and in-depth TOC on "Decorative Concrete Market - Global Forecast to 2022"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/decorative-concrete-market-189792263.html
The global decorative concrete market is witnessing a growth in demand, owing to the rise in renovation & remodeling activities, growth in interest of consumers toward interior decoration, and rapid urbanization & globalization. The growth in demand from the residential industry also provides an opportunity for market growth, especially in the emerging Asia-Pacific and Middle Eastern & African regions.
Stamped concrete segment, by type, to gain maximum share during the forecast period
The stamped concrete segment is projected to account for the largest share by 2022, mainly due to new residential construction and commercial projects that are increasingly adopting stamped decorative concrete. Decorative concrete is lucrative for several reasons such as aesthetic enhancement, improvement of indoor air quality, and skid resistance. The high demand and rapid growth of stamped concrete are supported by its easy installation and higher strength. The growing construction industry also provides an opportunity to the market to grow further.
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The floors segment is projected to grow at the highest CAGR during the forecast period
Decorative concrete finds application in floors, walls, patios, driveways & sidewalks, and pool decks. The floors segment is projected to grow at the highest CAGR during the forecast period. The high demand can be attributed to the various benefits it offers to the floors. Decorative concrete improves the aesthetic appeal of the floors as various textures, designs, patterns, and logos can be imparted to it. Decorative concrete is skid-resistant and has high strength which can withstand heavy foot traffic, thereby increasing its demand in floors.
Europe is accounted for the largest share of the decorative concrete market in 2016
On the basis of region, the decorative concrete market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The European market accounted for the largest share among all regions in 2016, in terms of value. However, the growth in the region is projected to trail behind the global average. Germany accounted for the largest market share in the European region in 2016, followed by France. The U.K. is projected to register the highest growth in Europe during the forecast period due to the upsurge of housing activities in the country. The European market has been a leader with respect to product innovation, in terms of quality and application development.
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The major players include BASF SE (Germany), PPG Industries, Inc. (U.S.), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), RPM International Inc. (U.S.), Huntsman International LLC (U.S.), The Sherwin-Williams Company (U.S.), Boral Limited (Australia), CEMEX, S.A.B. de C.V. (Mexico), Sika AG (Switzerland), and UltraTech Cement Limited (India). Companies adopted strategies such as acquisitions and expansions to cope with the increase in demand in the emerging markets.
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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Browse 142 Market Data Tables and 35 Figures spread through 183 Pages and in-depth TOC on "Decorative Concrete Market - Global Forecast to 2022"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/decorative-concrete-market-189792263.html
The global decorative concrete market is witnessing a growth in demand, owing to the rise in renovation & remodeling activities, growth in interest of consumers toward interior decoration, and rapid urbanization & globalization. The growth in demand from the residential industry also provides an opportunity for market growth, especially in the emerging Asia-Pacific and Middle Eastern & African regions.
Stamped concrete segment, by type, to gain maximum share during the forecast period
The stamped concrete segment is projected to account for the largest share by 2022, mainly due to new residential construction and commercial projects that are increasingly adopting stamped decorative concrete. Decorative concrete is lucrative for several reasons such as aesthetic enhancement, improvement of indoor air quality, and skid resistance. The high demand and rapid growth of stamped concrete are supported by its easy installation and higher strength. The growing construction industry also provides an opportunity to the market to grow further.
Request FREE Sample Pages @ https://www.marketsandmarkets.com/requestsample.asp?id=189792263
The floors segment is projected to grow at the highest CAGR during the forecast period
Decorative concrete finds application in floors, walls, patios, driveways & sidewalks, and pool decks. The floors segment is projected to grow at the highest CAGR during the forecast period. The high demand can be attributed to the various benefits it offers to the floors. Decorative concrete improves the aesthetic appeal of the floors as various textures, designs, patterns, and logos can be imparted to it. Decorative concrete is skid-resistant and has high strength which can withstand heavy foot traffic, thereby increasing its demand in floors.
Europe is accounted for the largest share of the decorative concrete market in 2016
On the basis of region, the decorative concrete market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The European market accounted for the largest share among all regions in 2016, in terms of value. However, the growth in the region is projected to trail behind the global average. Germany accounted for the largest market share in the European region in 2016, followed by France. The U.K. is projected to register the highest growth in Europe during the forecast period due to the upsurge of housing activities in the country. The European market has been a leader with respect to product innovation, in terms of quality and application development.
Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=189792263
The major players include BASF SE (Germany), PPG Industries, Inc. (U.S.), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), RPM International Inc. (U.S.), Huntsman International LLC (U.S.), The Sherwin-Williams Company (U.S.), Boral Limited (Australia), CEMEX, S.A.B. de C.V. (Mexico), Sika AG (Switzerland), and UltraTech Cement Limited (India). Companies adopted strategies such as acquisitions and expansions to cope with the increase in demand in the emerging markets.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets