Global Decorative Concrete Market to Achieve USD 12.78 Bn by 2022, Announces M&M in Its New Research Report Available at MarketPublishers.com08 Sep 2017 • by Natalie Aster
LONDON – At present, the global decorative concrete market is assessed at about USD 9.26 billion in terms of value. By 2022, the marketplace is poised to amount to appr. USD 12.78 billion, growing at a healthy CAGR of 6.66%.
The key market growth driving factors include rising interest towards indoor and outdoor decoration, robust urbanisation, elevating demand for green buildings, booming demand from end-user sectors, uptake in the number of renovation and remodeling activities, to name a few. Still, high prices for concrete treatment considerably challenge the market growth.
Basing on types, the stained decorative concrete segment is expected to demonstrate the highest CAGR over 2017-2025, spurred by mushrooming demand from residential and non-residential sectors.
Regionally, the world’s decorative concrete market is led by the APAC region, which is anticipated to be the fastest growing regional market through 2022. The APAC decorative concrete market is driven by such favourable factors as increase in construction sector and expanding number of the end-use industries. China, followed by India, is the largest consumer of decorative concrete in the APAC region.
New in-demand research report “Decorative Concrete Market by Type, Application, End-use Sector, and Region - Global Forecast to 2022” elaborated by MarketsandMarkets (M&M) is a lucrative source of relevant information on the global decorative concrete market. The report offers a detailed overview of the market size, shares, segmentation (based on types, applications, end-use sectors and regions). Special attention is paid to the market competitive landscape and recent business activities (acquisitions, expansions, new product launches, etc.). Moreover, the study highlights the market dynamics, examines the key growth drivers, challenges and restraints; uncovers information on the market future growth opportunities as well as discusses current and emerging trends.
The report also includes insightful profiles of the leading companies active in the decorative concrete filed, including W.R.Grace & Co, Lafargeholcim, PPG Industries, E.I. du Pont de Nemours and Company, RPM International, Huntsman International LLC, Bomanite India, The Sherwin-Williams Company, Dex-O-Tex, 3M Company, CEMEX, Mapei S.p.A, S.A.B. de C.V., Sika AG, Concrete, UltraTech Cement Limited, Fosroc International, BASF SE, HeidelbergCement AG, The Euclid Chemical Company, Parchem Construction Supplies, McKnight Custom Concrete, U.S. Hexion, Boral Limited, Covestro AG. Each profile presents a comprehensive overview of a company’s business, reviews its product portfolio, highlights its business strategies and covers the latest product launches and business activities.
The full list of in-demand research reports by M&M is available at its page at MarketPublishers.com.