Report Description:
The recent market intelligence report,
published by Data Insights Partner on the decorative concrete market makes an
offering of in-depth analysis of and sub-segments in both the regional and
international market. The research also emphasizes on the impact of drivers,
restraints and macro indicators on the regional and global decorative concrete market
over the short as well as long period of time. The report also includes the
benefits and market opportunities presented in this field. Beside this, a
detailed presentation of forecast, trends, and dollar values of the global
market is offered too. In accordance with the report, the decorative concrete market
is projected to expand at a CAGR of 7% over the period of forecast period of
2020-2028.
Market Insights, Drivers, Restraints and Opportunities:
Concrete is the
one of those few material which can provide strength, durability and structural
capabilities to both the residential and non-residential constructions.
Concrete is known as the oldest and strongest material used to build. Decorative
concrete is usually used not only to as a material for construction but also as
an aesthetic enhancement to it while serving its role as an important part of
the building itself like floors, walls, patios etc. Decorative concretes are
made from transformation of concretes with the help of various materials which
may be used once the concrete is cured or during the pouring process, these
materials may or may not include acid staining, stamped concrete, polished
concrete, decorative overlays, concrete countertops, vertical overlays etc.
Rapid urbanisation is the key
factor playing behind the expansion of decorative market. The ever-expanding
construction sectors, the rising world population and the growing need for high-quality
residential and commercial infrastructure with increasing per capita income are
some of the main drivers in the growth of decorative concrete market. The growing
investment in this sector and the durable, easy-to-maintain properties and
longer life span of decorative concrete is adding fuel to the rapid growth of
the market. The Beside this, the rising concerns over clean city and better and
expensive lifestyles, mainly in the developed countries is helping the growth
of the decorative concrete market in both indoor and outdoor sectors.
The decorative
concrete market has a huge potential.
Though it is expanding very fast day by day, many things are preventing it from
using its full potential. Some of these restraints are–
? High prices of the raw materials.
? High
transportation and exportation cost.
? High
cost of the end product.
?
Emission of harmful pollutants during production.
? Hard to
transport from one place to another.
?
Unavailability in many regions.
? Lack of
awareness about the availability and benefits of the decorative concrete products
in the developing countries.
During the forecast period, Asia Pacific followed by North
America and Europe are expected to be the fastest-growing decorative concrete market.
The demand for decorative concrete in Asia Pacific region is driven by its ever-growing usage in the industrial sectors and the increasing
foreign investments in the said market. The increase in the application of decorative
concrete in buildings, hospitals, offices and schools, sidewalks, walls, pool
decks is projected to fuel the market growth for decorative concrete in the
said region in the next few years. The rapid economic growth and increase in demand for better
lifestyle and rising population in the said region is expected to increase the
demand for these products. It is also believed that on the basis of application,
the floors followed by sidewalks, driveways and walls segment will have the
largest share for the rising population and industrial and residential sector in
the forecast period. For its low price and durability and high demand the
market share of the concrete used in outdoor by location and stained concrete
by product type is also expected to rise significantly in the said time.
Segmentation of Decorative
Concrete Market:
This market intelligence report on the
decorative concrete market is segmented based on product type, application, end
usage, location, distributional channel and the country/regions.
By Product Type, the decorative
concrete market is divided into–
§ Stamped Concrete
§ Stained Concrete
§ Concrete Overlays
§ Coloured Concrete
§ Polished Concrete
§ Epoxy Coating
§ Others (Concrete Dyes, engravings
etc.)
By Application,
the decorative concrete market is divided into–
§ Floors
§ Driveways
§ Pool Deck
§ Sidewalks
§ Patios
§ Walls
§ Others
By End
Usage, the decorative concrete market is segmented into–
§ Residential
§ Non-residential
o Commercial
o Academics
o Others
By
Location, the decorative concrete market is divided into–
§ Indoor
§ Outdoor
By Distribution
Channel, the decorative concrete market is segregated into–
§ Hypermarkets and Supermarkets
§ Online
§ Others
By Regional Outlook, the decorative
concrete market is divided into–
§ North America (United States,
Canada)
§ Latin America (Brazil, Mexico,
Argentina and other countries)
§ Europe (United Kingdom, France,
Germany, Spain, Italy, Russia, Turkey, Netherlands and other countries)
§ Asia Pacific (Japan, China, India,
South Korea, Singapore, Indonesia, Thailand, Malaysia, Australia, New Zealand
and other countries)
§ Middle East and Africa (GCC,
South Africa, Israel, Arabia, Egypt and other countries)
Profiling of Market Players:
This business intelligence report
offers profiling of reputed companies that are operating in the market.
Companies such as
§ BASF
§ Sika AG
§ 3M
§ E.I. du Pont de Nemours and
Company
§ Huntsman International LLC
§ The Sherwin Williams Company
§ Boral Ltd.
§ PPG Industries Inc.
§ RPM International Inc.
§ Arkema SA
§ Cemex S.A.B DE C.V.
Other players have been profiled into
detail so as to offer a glimpse of the market leaders. Moreover, parameters
such as decorative concrete market related investment and spending
and developments by major players of the market are tracked in this global
report.
Market Competitive
Analysis:
Key
players are adopting strategies such as investing in R&D, new product
launches, expansion in distribution channels to stand out as strong competitors
in the market. Decorative concrete market is a competitive market with the
presence of various global and regional players in the market. The major
players like Sika AG, BASF,
3M, Boral Ltd., Huntsman International LLC, etc. are trying to gain the market
power in their hands by producing the products in low costs and thus charging
low prices and using different kind of marketing campaigns.
Report
Highlights:
An in-depth analysis of the micro and
macro indicators, market trends, and forecasts of demand is offered by this
business intelligence report. Furthermore, the report offers a vivid picture of
the factors that are steering and restraining the growth of this market across
all geographical segments. In addition to that, Growth Matrix analysis is also
provided in the report so as to share insight of the investment areas that new
or existing market players can take into consideration. Various analytical
tools such as market data analysis, time series and cross section statistical
data analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market share
of the global players.
Salient
Features:
Ø This
study offers comprehensive yet detailed analysis of decorative
concrete market, size of the market
(US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year.
Ø It explains upcoming revenue opportunities across various market
segments and attractive matrix of investment proposition for the said market.
Ø This market intelligence report on decorative concrete market also offers pivotal insights about various market opportunities, restraints,
drivers, launch of new products, competitive market strategies of leading
market players, emerging market trends, and regional outlook.
Ø Profiling of key market players in the market of decorative
concrete is done by taking into account
various parameters such as company strategies, distribution strategies, product
portfolio, financial performance, key developments, geographical presence, and
company overview.
Ø The data of this report would allow management authorities and marketers
of decorative
concrete companies alike to take
informed decision when it comes to launch of products, government initiatives,
marketing tactics and expansion, and technical up gradation.
Ø The research on the world market for decorative concrete market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of consulting and research
firms, financial analysts, and new market entrants.
Ø Research methodologies that have been adopted for the purpose of this
study have been clearly elaborated so as to facilitate better understanding of
the reports.
Ø Reports have been made based on the guidelines as mandated by General
Data Protection Regulation.
Ø Ample number of examples and case studies has been taken into
consideration before coming to a conclusion.
Reasons
to Buy:
v
Identify new growth
opportunities with a deep understanding of strategic business plans and thus
design innovative strategies for sustainable growth.
v
Comprehensive details on micro
and macro factors that will drive or restrain the growth of market players.
v
Analyse and map the behaviours
of the competitors to gain maximum benefits.
v
Deep Sector-Specific
Intelligence.
v
Identify investors who can
invest in your company or identify the companies to invest in by analysing
market opportunities, gains and losses.
v
Identify and attract potential
customers by analysing consumer behaviour for every region.
v
Highlights of the competitive
landscape.