Decorative Concrete Market: Covid-19 Impact, Growth, Trend Analysis

Posted by mandar on April 6th, 2021

Global Decorative Concrete Market: Overview

Decorative concrete is mainly used to provide an aesthetic touch to a building, also forms an integral part of the building’s structure. Hence, this type of concrete plays a very important role in the construction industry. With the architecture of buildings along with the construction processes undergoing drastic change, the demand of decorative concrete has risen considerably in the last few years.  Thus, the changing face of the construction industry can be considered a primary factor that has led to market growth.

Based on a report by Transparency Market Research, the decorative concrete market could be segmented based on several criteria: application, location, type, end-use, and region. The report on the global decorative concrete materials market has been compiled using primary as well as secondary research data. Competitive landscapes, newest trends and future opportunities, geographical dominance, and several other aspects have been covered in-depth in the report.

Global Decorative Concrete Market: Drivers and Restraints

Based on applications criteria, the market consists of segments such as interiors floors, patio and pool decks, sidewalks and plazas, driveways, and walls. From the type perspective, the decorative concrete market could be classified according to the methods used for achieving several textures and designs associated with decorative concrete. The individual segments under it are polished, stained, overlays, stamped, and others. The stamped segment, among them, could hold a primary position based on its widespread uptake in residential construction projects.

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The high demand for stamped concrete, especially to build hotel flooring and other commercial buildings is a primary factor resulting in an upsurge in the demand. This is mainly due to the widespread benefits of this segment such as providing a good aesthetic appeal to the floors, along with its resistance to skidding and wear and tear caused by heavy footfall. Rapid rise in promotional activities for green buildings is another factor that has proved to cause a substantial improvement in the global decorative concrete market.

Depending upon location, the market for decorative concrete could be segregated into indoor and outdoor. These primarily comprise pool decks, sidewalks, plazas and other such locations. Based on end-use, the global decorative concrete market might be divided onto infrastructure, residential, and commercial spaces, which are further classified into several sub-segments.