How Global Decorative Concrete Market Players Should Strategize For 2022-2031

2 Aug, 2022

The global decorative concrete market size is expected to grow from $15.09 billion in 2021 to $16.81 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global decorative concrete market size is expected to grow to $22.01 billion in 2026 at a CAGR of 7.0%.

What is the Global Decorative Concrete Market?

The decorative concrete market consists of sales of decorative concrete by entities (organizations, sole traders, and partnerships) that are used to provide attractive structure and good looks to the building surfaces. Decorative concrete is a form of concrete that is treated in various ways to enhance its aesthetic appeal. Decorative concrete involves the treatment of concrete in various ways such as embossing, polishing, molding, texturing, etching, coloring, embedding items, applying cementitious toppings, or a combination of these.

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What drives the Global Decorative Concrete Market?

Rapid urbanization is significantly contributing to the growth of the decorative concrete market. The term urbanization 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. For instance, according to the United Nations Department of Economic and Social Affairs, by 2050, 68% of the world's population, or 2.5 billion people, will be living in cities. Therefore, rapid urbanization is expected to propel the growth of the market.

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Global Decorative Concrete Market Segments
The global decorative concrete market is segmented:
By Type: Stamped Concrete, Stained Concrete, Concrete Overlays, Colored Concrete, Polished Concrete, Epoxy Concrete, Others
By Application: Walls, Floors, Pool Decks, Driveways and Sidewalks, Patios, Others
By End-User: Residential, Non-Residential
By Geography: The regions covered in the decorative concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Decorative Concrete Global Market Report 2022provides market size and growth forecasts for the global decorative concrete market, global decorative concrete market share, decorative concrete market segments and geographies, decorative concrete market competitive landscape including leading competitors’ revenues, profiles and market shares. The decorative concrete market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Decorative Concrete Industry Playersinclude CEMEX S.A.B. de C.V., HeidelbergCement, BASF SE, 3M Company, SIKA CORPORATION, RPM International Inc, The Sherwin Williams Company, PPG Industries Inc, Huntsman International LLC, Ultratech Cement Limited, Boral Limited, McKnight Custom Concrete, Seacoast Concrete, The Holcim Group, Bomanite India, and Elite Crete Systems. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.