Decorative Concrete Market Regional Analysis:
North American Market Insights
The North America decorative concrete market is projected to dominate revenue share by 2035, backed by growing presence of key players in this region, along with surge in investment by regional governments in order to construct commercial buildings. There has been rising urban population in this region which is also estimated to boost the market growth over the forecast period. The urban population in North America in 2021 increased by 0.4% from 2020 to about 306,343,264. This growth in urban population has further boosted residential construction activities. region.
APAC Statistics Insights
The Asia Pacific decorative concrete market is estimated to have the highest growth till 2035. Residential development is booming in India, China, the Philippines, Vietnam, and Indonesia. Asian economies are expected to grow by 1.2% in 2023 and 1.3% per year from 2024 to 2027. China's government is investing heavily in infrastructure, leading to rapid growth in the construction industry. With many airport projects planned or underway, demand for decorative concrete will increase in both residential and non-residential sectors.
