AP NEWS

Global Self-leveling Concrete Market 2018-2022| Increase in Demand from Developing Countries to Boost Demand| Technavio

December 7, 2018

LONDON--(BUSINESS WIRE)--Dec 7, 2018-- analysts forecast the global self-leveling concrete market to grow at a CAGR of nearly 5% during the forecast period, according to their latest market research report.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181207005492/en/

Technavio has released a new market research report on the global self-leveling concrete market for the period 2018-2022. (Graphic: Business Wire)

The rising demand for decorative concrete is one of the major trends being witnessed in the . The growing demand for decorative concrete in residential and non-residential buildings is projected to drive market growth. Self-leveling concrete is primarily used for flooring to enhance the aesthetics and texture of the floor. It is used in terrazzo flooring for incorporating different geometrical patterns and shapes such as borders, arcs, pathways, and titles.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global self-leveling concrete market is the increase in demand from developing countries:

Global self-leveling concrete market: Increase in demand from developing countries

Developing economies such as India, China, Brazil, Mexico, the Philippines, and Indonesia are augmenting the demand for self-leveling concrete. In APAC, the increase in residential and non-residential construction activities is expected to fuel the demand for self-leveling concrete. Factors such as the availability of raw materials, land, and low-cost labor; low transportation costs; and less stringent government regulations and policies are driving the self-leveling concrete vendors to shift their manufacturing activities to these countries.

According to a senior analyst at Technavio for research on specialty chemicals, “The emergence of China and India as manufacturing hubs for the construction industry is also expected to drive the demand for self-leveling concrete. Moreover, the migration of people to cities in search of employment, amenities, and improved standard of living has resulted in an increase in investment by the government into the housing industry.”

Global self-leveling concrete market: Segmentation analysis

The global self-leveling concrete market research report provides market segmentation by product (underlayment and toppings), by end-user (commercial and residential), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The commercial segment held the largest market share in 2017, accounting for nearly 71% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

EMEA led the market in 2017 with a market share of nearly 38%. This region is expected to dominate the market through 2022, however, there will be a decrease in its market share.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005492/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS OTHER MANUFACTURING CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/07/2018 02:21 PM/DISC: 12/07/2018 02:20 PM

http://www.businesswire.com/news/home/20181207005492/en

AP RADIO
Update hourly