Concrete Accessories Market Expected to Reach USD XX Billion by 2032 | Growing at a CAGR of 6%

Market Research Future (MRFR) has published a cooked research report on the “Global Concrete Accessories Market” that contains information from 2019 to 2032. The concrete accessories market is estimated to register a CAGR of 6.00% during the forecast period of 2024 to 2032.


MRFR recognizes the following companies as the key players in the global concrete accessories market - PPG Industries Inc. (US), The Sherwin-Williams Company (US), Boral Limited (Australia), RPM International Inc. (US), CEMEX, S.A.B. de C.V. (Mexico), BASF SE (Germany), Sika AG (Switzerland), and UltraTech Cement Limited (India).


Market Highlights


The global concrete accessories market is expected to register a CAGR of 6.00% during the forecast period and is estimated to reach USD XX billion by 2032.


Numerous factors contribute to the growth and evolution of the concrete accessories industry. The expanding construction industry is fueled by the need for concrete accessories such formwork, reinforcing bars, and precast parts, especially in emerging nations. Furthermore, there is a constant need for concrete accessories due to the world's growing urbanization and infrastructure development initiatives. Technological developments in materials and production techniques are also very important since new items are more durable and efficient and attract more consumers. In addition, strict laws focusing on environmental sustainability and safety standards drive the use of premium concrete accessories. 


Segment Analysis


The global concrete accessories market has been segmented into type, application, and end use industry.


On the basis of type, the market is segmented into Stamped Concrete, Stained Concrete, Concrete Overlays, Colored Concrete, Polished Concrete, Epoxy Concrete, and Others. The stamped concrete segment was attributed to holding the largest market share in 2023 due to its remarkable versatility and ability to imitate the appearance of high-end materials. With the help of these concrete accessories, freshly poured concrete can be imprinted with patterns and textures to create surfaces that mimic actual stone, brick, or tile. Because it looks excellent and provides homeowners with an affordable option to achieve sophisticated and professional finishes, stamped concrete is a popular material.


Based on application, the global concrete accessories market has been segmented into Floors, Walls, Driveways & sidewalks, Patios, Pool decks, and Others. The floors segment was expected to hold the largest market share in 2023. Concrete is the most versatile flooring material used in residential and commercial settings. It provides stylish, contemporary flooring and is referred to as polished concrete. When concrete accessories are accessible for staining, polishing, or putting an overlay or decorative finish, installation becomes easier.


Based on end use industry, the global concrete accessories market has been segmented into Residential and Non-residential. The non-residential segment was expected to hold the largest market share in 2023 due to the increasing amount of money countries spend on flyovers, shopping malls, roads, hospitals, and schools. Additionally, during the forecast period, the increasing demand for stadiums, airports, and sports complexes would support the expansion of the non-residential segment.


Regional Analysis


The global concrete accessories market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe concrete accessories market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The concrete accessories market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World concrete accessories market comprises of Middle East, Africa, and Latin America.


The North American regional sector maintained the largest market share for concrete accessories due to the increasing need for concrete accessories in both commercial and residential settings. North America leads the world in concrete accessories sales, partly because of the expanding trend of remodeling and restoration projects and the rising number of new residential and commercial construction projects.


Moreover, the Europe market has been persistently growing over the forecast period because these concrete accessories are being used in infrastructure and non-residential buildings more and more. Using concrete accessories has increased market share in the area by reducing labor costs and construction timelines.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The increased investments in infrastructure development from countries like China, India, and Japan would increase demand for concrete accessories. Additionally, because concrete accessories are so affordable, the growing residential sector in these countries will stimulate demand for the product.


Furthermore, the rest of the world's concrete accessories market is divided into the Middle East, Africa, and Latin America. Over the course of the projected period, the rest of the world market is anticipated to exhibit significant expansion. Due to the strong demand from the tourism industry, countries have invested in developing commercial areas, including malls, airports, hotels, and public places. This has increased demand in the region. Furthermore, planned high-rise construction projects and sports complexes will contribute to the growth of the concrete accessories market.


Key Findings of the Study



  • The global concrete accessories market is expected to reach USD XX billion by 2032, at a CAGR of 6.00% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. The market for concrete accessories would rise as a result of nations like China, India, and Japan making larger investments in the construction of their infrastructure.

  • Based on application, the floors segment was attributed to holding the largest market in 2023, with an approximate market share of 40%.

  • PPG Industries Inc. (US), The Sherwin-Williams Company (US), Boral Limited (Australia), RPM International Inc. (US), CEMEX, S.A.B. de C.V. (Mexico), BASF SE (Germany), Sika AG (Switzerland), and UltraTech Cement Limited (India) are the key market players.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Concrete Accessories Market Size

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Pages 128
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