Global Decorative Concrete Market 2021 Industry Share, Top Players Analysis, Size, Demand, Growth Strategy, Trends, Supply, Revenue and 2030 Forecast Research

In a recent published report, Kenneth Research has updated the market report for Global Decorative Concrete Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Decorative Concrete Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

There has been a great increase in the demand for decorative concrete in the last couple of years. Customer’s preferences for remodeling and renovating their house, demand for interior dcor and changing lifestyles have all caused the global decorative concrete market to witness a growth.Also due to the increase in residential units and people wanting to experiment with styles and design for their home provides an opportunity for market expansion.

Market Dynamics
Here we will analyze the market dynamics such as drivers, trends and industry-specific challenges for the decorative concrete market.

Stamped concrete is the main driver and is very much in use for hotel flooring and commercial buildings. It is used as it gives a very beautiful visual appeal and has a lot of variety in terms of textures and logos which can be embedded in it. Stamped concrete requires low maintenance as it is very durable and long-lasting as well as anti-skid.
The second factor driving the market is the government’s promotion of using green materials when designing buildings. Also, there has been a trend of incorporating recycled materials in the production of decorative concrete.

But the only limitation is that it is used by mostly the high-income groups as the cost of installing decorative concrete is quite high. This will likely restrain the market growth.

Market Segmentation
The market is segmented by Type:
Stamped Concrete
Stained Concrete
Concrete Overlays
Colored Concrete
Polished Concrete
Epoxy Coating
Staining is used to enhance both commercial and residential concrete floors. It is highly versatile where one can experiment with textures within their budget. Concrete Overlay, on the other hand, is a thin color concrete cement based product that is applied to an existing concrete layer. This helps in strengthening the concrete and helps in resisting harsh weather conditions.

The market is segmented by Application:
Driveways and Sidewalks
The market is segmented by End Sector Use:

Increased investment in renovation projects in commercial and residential buildings are the driving factors for this segment. Easy installation, visual appeal and the increasing demand for such dcor are increasing the market growth.

Geographic analysis
Due to rise in construction and use of designer materials, the market of Asia-Pacific has seen a surge in growth. China and India, both account for a considerably large share of the decorative concrete market. Also due to increase in population in both the countries is driving thegrowthof construction, transportation, and infrastructure industries.
The European market has the largest share of the decorative concrete market but as of lately it is trailing behind. Due to product innovation, increased refurbishment, incorporation of high-end ingredients to the cement mix make countries such as Germany, France,and U.K account for the larger market share in the European region.

Key Players
Some of the major players in the market include:
BASF SE (Germany)
PPG Industries, Inc. (U.S.)
E.I. du Pont de Nemours and Company (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)
UltraTech Cement Limited (India)
Report ContentsRegional AnalysisReport Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

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North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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