Asia Pacific Composite Concrete Deck Market Size & Outlook
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Asia Pacific composite concrete deck market highlights
- The Asia Pacific composite concrete deck market generated a revenue of USD 95.6 million in 2022.
- The market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, 3 thickness was the largest revenue generating type in 2022.
- 1.5 Thickness is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 95.6 million |
| Market revenue in 2030 | USD 169.7 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | 3 thickness |
| Fastest growing segment | 1.5 Thickness |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 1.5 Thickness, 2 Thickness, 3 Thickness |
| Key market players worldwide | Tata Steel Ltd GDR - 144A, ASC Profiles, Raised Floor Solutions, Structural Metal Decks, O’Donnell Metal Deck & Bar Joist, Construction Metal Forming, Cordeck, A.C.T. Metal Deck Supply |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.0% of the global composite concrete deck market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 55.4 million by 2030.
The Asia Pacific region is highly vulnerable to the impacts of climate change, including rising sea levels, more frequent and severe weather events, and changes in rainfall patterns. These impacts are already being felt in the region, with devastating consequences for local communities and economies.
The Association of Southeast Asian Nations (ASEAN) has implemented several initiatives to promote sustainable development in the region. As a result, consumers are preferring the usage of steel and other metal and composite materials rather than wood to control the deforestation practices which in turn will increase the demand for composite materials.
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Composite Concrete Deck Market Scope
Composite Concrete Deck Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tata Steel Ltd GDR - 144A | View profile | 73,496 | 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, India, 400 001 | www.tatasteel.com |
| ASC Profiles | View profile | 251-500 | West Sacramento, California, United States, North America | www.ascprofiles.com/ |
| Raised Floor Solutions | View profile | 51-100 | Skelmersdale, Lancashire, United Kingdom, Europe | www.raisedfloor.co.uk/ |
| Structural Metal Decks | View profile | 101-250 | Poole, Dorset, United Kingdom, Europe | smdltd.co.uk |
| O’Donnell Metal Deck & Bar Joist | View profile | 11-50 | Elkridge, Maryland, United States, North America | odonnellmetaldeck.com |
| Construction Metal Forming | View profile | 11-50 | Mamhilad, Monmouthshire, United Kingdom, Europe | cmf.uk.com/ |
| Cordeck | View profile | 11-50 | Kenosha, Wisconsin, United States, North America | www.cordeck.com/ |
| A.C.T. Metal Deck Supply | View profile | 11-50 | Aurora, Illinois, United States, North America | www.metaldecksupply.com |
Asia Pacific Composite Concrete Deck Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Composite Concrete Deck Market Outlook will help companies and investors design strategic landscapes.
3 Thickness was the largest segment with a revenue share of 43.1% in 2022.
Horizon Databook has segmented the Asia Pacific composite concrete deck market based on 1.5 thickness, 2 thickness, 3 thickness covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region is highly vulnerable to the impacts of climate change, including rising sea levels, more frequent and severe weather events, and changes in rainfall patterns. These impacts are already being felt in the region, with devastating consequences for local communities and economies.
The Association of Southeast Asian Nations (ASEAN) has implemented several initiatives to promote sustainable development in the region. As a result, consumers are preferring the usage of steel and other metal and composite materials rather than wood to control the deforestation practices which in turn will increase the demand for composite materials.
- Asia Pacific Composite Concrete Deck Market Type Outlook (Revenue, USD Million , 2018-2030)
- 1.5 Thickness
- 2 Thickness
- 3 Thickness
- Asia Pacific Composite Concrete Deck Market Deck Type Outlook (Revenue, USD Million , 2018-2030)
- Proprietary System
- Pre-Cast
- Site-Built
- Asia Pacific Composite Concrete Deck Market Application Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Composite Concrete Deck Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Composite Concrete Deck Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Composite Concrete Deck Market, 2018-2030 (US$M)
Asia Pacific composite concrete deck market statistics, by type, 2018-2030 (US$M)
