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Decorative Concrete Trends, Share, Forecast, Overview and Analysis by 2028

September 6, 2021

The global decorative concrete is expected to reach a market size of USD 26.99 Billion at a steady CAGR of 6.1% in 2028, according to latest analysis by Emergen Research. The report provides detailed insights into decorative concrete trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in decorative concrete size over the forecast period, 2020–2028. The decorative concrete is witnessing increased demand due to the rising trend of remodeling and renovation to improve aesthetics of outdoor and indoor structures in residential and non-residential sectors. The Decorative Concrete report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Technological advancements and new and more innovative offerings by market players is expected to open up lucrative growth opportunities for construction and renovation companies during the forecast period.

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Decorative concrete is more budget friendly as compared to slate and marbles. Decorative concrete allows for unlimited and unique customization to meet specific requirements of building and homeowners. Varying market trends can be attributed to inclining revenue growth of the global decorative concrete going ahead. decorative concrete trends include rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition. Other positive decorative concrete trends include rising demand and deployment in respective sectors/industries in major and developing countries. In addition, implementation of favorable government policies, advancements in technology, and steady economic growth across various regions and countries are factors expected to continue to result in further decorative concrete trend evolution and changes going ahead. Increase in household and commercial spending and shift in consumer preference towards enhancement of aesthetic appeal of such structures is projected to drive growth of the decorative concrete.

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In terms of decorative concrete share and revenue contribution to the global decorative concrete, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in decorative concrete share.

The market intelligence report on the Decorative Concrete Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Key Highlights of Report

In June 2019, Government of Wichita in Kansas, U.S., announced construction of six new swimming pools and splash pads. These pools will be decorated with decorative concrete to improve visual appeal and safety of pools. The project has a budget of USD 20 million and was ready by Memorial Day 2020.
Stamped concrete, also known as imprinted or textured concrete, replicates flagstone, slate, brick, and even wood. The variety of color and pattern choices make it popular for beautifying pool decks, patios, driveways, and more. It is also an affordable paving option with less maintenance.
The flooring segment accounted for the largest revenue share among the application segments in 2020. Decorative concrete will be able to replace traditional flooring system, such as plywood and tiles, due to its longevity and durability. Growing demand for enhanced aesthetics of the floor is driving growth of this segment.
Growing usage of decorative concrete in residential sectors is due to various benefits it provides. It is cost-effective, low maintenance, and can be customized according to specific requirement of the customer.
Increasing tourism in European countries will propel the use of decorative concrete in hotels and commercial places. Rise in public infrastructure spending and growing construction activities in the U.K., Germany, and France is also expected to support revenue growth of the decorative concrete in future.
Key players in the market include 3M Company, BASF SE, PPG Industries, Inc., DuPont, Arkema S.A., Ultratech Cement Limited, The Sherwin Williams Company, Huntsman International LLC, Boral Limited, and Sika AG.

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Region wise performance of the Decorative Concrete industry

North America decorative concrete trend scenario has significant impact on other regional market trends. North America decorative concrete accounted for largest revenue share in 2020 and is expected to continue to maintain its dominance over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall decorative concrete trends.

Asia Pacific decorative concrete is expected to register comparatively faster revenue growth than other regional markets over the forecast period. This can be attributed to varying decorative concrete trend scenarios in countries such as China, India, South Korea, and others. These scenarios with regard to domestic market trends and international market trends and varying impacts play a major role in growth of the Asia Pacific market.

Asia Pacific market share contribution to the global decorative concrete is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Increasing population, favorable government policies and initiatives, rising disposable income among consumers in countries in the region, influence of decorative concrete trends in other countries and regions, and steady economic growth are some key factors driving market revenue growth of the Asia Pacific decorative concrete.

Europe decorative concrete size and revenue growth is primarily supported by decorative concrete trends such as continuous developments in major countries in the region, robust focus on research and development initiatives by major firms, and changing market trends in countries in other major regions.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Decorative Concrete industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the decorative concrete across different regions?
Who are the major driving forces expected to decide the fate of the Decorative Concrete industry worldwide?
Who are the prominent market players making a mark in the decorative concrete with their winning strategies?
Which Decorative Concrete industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the decorative concrete?

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