The commercial research group Emergen Research is predicting that the market for decorative concrete, from colorful concrete stains to epoxy coatings, will increase from a global market of nearly $17 billion in 2020 to $27 billion by 2028. What’s the reason for this increase in demand? They write: “Decorative concrete is known for its strength, finish, and affordability. Decorative concrete is fast becoming a popular and cost-effective option to enhance décor at retail outlets and locations, and restaurants and showrooms.”
The interest in decorative concrete solutions goes beyond making clean garages. Emergen Research mentions the following: “Governments are investing in industrial and commercial infrastructure…and implementing various projects and programs related to infrastructure development and renovation. Decorative concrete has been gaining steady traction for applications such as floors, patios, pool decks, countertops, and entryways, among others. The material can also be used in large homes for installing elaborate concrete driveways to renovating rooms and interiors.”
In addition to discussing the decorative aspects of concrete solutions, Emergen Research also foresees an increase in the use of concrete overlays. “Concrete overlays can restore damaged and distressed concrete slabs and save time, costs, and effort for demolition and replacement. In addition, decorative concrete renovation does not require the four-week curing period for new cement. Resurfacing instead of replacing floors also saves a considerable amount of time and money.”
The Emergen Research report goes further in depth on the value of decorative concrete. Expect to see more information about their findings in future blog articles. In the meantime, if you would like to experience the benefits of decorative concrete and money-saving concrete restorations, request a free consultation from California Custom Coatings by phone or online.