20.08.2017 19:30:00
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At 6+% CAGR Decorative Concrete Market Potentially Worth $12.78 Billion by 2022 Led by Asia-Pacific Region
PUNE, India, Aug. 20, 2017 /PRNewswire-iReach/ -- The Asia-Pacific region is projected to be the fastest-growing decorative concrete market during the forecast period, followed by the North American region. In Asia-Pacific, China is estimated as the largest consumer for decorative concrete in 2017, followed by India. China, with its growing residential & non-residential sector of the construction industries, is expected to drive the decorative concrete market. The major driving factors of the market in Asia-Pacific are the rise in construction activities and expansion of end-use industries. Browse 142 Market Data Tables and 35 Figures spread through 183 Pages and in-depth TOC on "Decorative Concrete Market - Global Forecast to 2022" http://www.reportsnreports.com/reports/1159145-decorative-concrete-market-by-type-stamped-stained-colored-polished-epoxy-coating-concrete-overlays-application-floors-driveways-sidewalks-walls-patios-pool-decks-end-use-sector-and-region-global-st-to-2022.html .
China accounted for the largest decorative concrete market in the region in 2016. India has successfully been able to register a significant share in the market for decorative concrete on a global level. The population growth rate in India is higher than that of China, projecting India as the most populous country by 2030, according to the Office of the Registrar General and Census Commissioner, India; this is driving the growth of the construction, transportation, and infrastructure industries.
Europe is accounted for the largest share of the decorative concrete market in 2016. Emerging markets such as the Asia-Pacific region have contributed to the increase in the application of decorative concrete in the construction industry. The high prices of the treatment area restraining factor for the decorative concrete market.
The stained concrete segment in the decorative concrete market growth is driven by the increasing demand from residential and non-residential sectors. The stained type of decorative concrete is projected to grow at the highest CAGR between 2017 and 2022. Stamped carpets account for the majority share of the decorative concrete market, since they are extremely durable, easy to maintain, and have longer life span. It is the most common concrete type used to construct floors for both indoor and outdoor applications. The high demand and rapid growth of this concrete are supported by its easy and quick manufacturing process, coupled with reasonable pricing when compared to other concrete types.
The various suppliers of decorative concrete and related products in the report include BASF SE (Germany), PPG Industries, Inc. (U.S.), 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), RPM International Inc. (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), The Euclid Chemical Company (U.S.), Fosroc International (U.K.), HeidelbergCement AG (Germany), Hexion Inc. (U.S.), Parchem Construction Supplies (Australia), Lafargeholcim Ltd (Switzerland), Mapei S.p.A (Italy), McKnight Custom Concrete, Inc. (U.S.), Bomanite India (India), U.S. Concrete Inc. (U.S.), W.R.Grace & Co (U.S.), Dex-O-Tex (U.S.) and Covestro AG (Germany). Download PDF Brochure "Decorative Concrete Market by Type (Stamped, Stained, Colored, Polished, Epoxy Coating, Concrete Overlays), Application (Floors, Driveways & Sidewalks, Walls, Patios, Pool Decks), End-use Sector, and Region - Global Forecast to 2022" research report at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1159145 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (35%), Tier 2 (30%) and Tier 3 (35%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (65%) and Manager Level (35%) from various key organizations operating in the global decorative concrete market. The primary interviews were conducted worldwide covering regions such as North America (25%), Europe (28%), Asia-Pacific (22%), Middle East & Africa (15%), and South America (10%).
Research Coverage: The report defines, segments, and projects the decorative concrete market size on the basis of type, application, end-use sector, and region. The study analyzes competitive developments such as acquisitions, expansions, and new product launches in the decorative concrete market.
Another research titled Self-Leveling Concrete Market Global Forecast to 2022says, the self-leveling concrete market is estimated to be $4.93 billion in 2017 and is projected to reach $6.22 billion by 2022, at a CAGR of 4.7% from 2017 to 2022. Underlayment is the largest type segment of the global self-leveling concrete market. Commercial is the largest end user segment of the global self-leveling concrete market. Europe is projected to lead the global self-leveling concrete market during the forecast period. Companies such as Ardex Group (Germany), Mapei S.p.A (Italy), Lafarge Holcim (Germany), Arkema Group (France), Saint-Gobain S.A. (France), Sika AG (Switzerland), USG Corporation (US), The Quikrete Companies (US), Duraamen Engineered Products, Inc. (US), Durabond Products Limited (Canada), Fosroc (UK), MYK Shomburg (India), Harricrete Ltd. (Trinidad and Tobago), Flowcrete (UK), Koster Bauchemie AG (Germany), Sakrete (US), Laticrete International, Inc. (US), CTS Cement (US), Dayton Superior Corporation (US), W.R. Meadows, Inc. (US), TCC Materials (US), Larsen Building Products (UK), Durex Coverings, Inc. (US), Edison Coatings Inc. (US), ACG Materials (US) have been profiled in this 135 pages research report available at http://www.reportsnreports.com/contacts/requestsample.aspx?name=1157137 .
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