The global composite concrete deck market size was estimated at USD 456.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2030. This growth is attributed to the rising demand for sustainable building materials in residential and commercial construction. Furthermore, government initiatives and regulations promote the use of composite materials for construction due to the rising environmental concerns, which is expected to drive the market. The growing environmental concerns and stringent regulations have encouraged the use of sustainable building materials, including composite decking. Environmental injustices, such as the unequal distribution of environmental hazards and the disproportionate impacts of climate change on marginalized communities, are pressing issues in developed countries such as the U.S. and Canada. Addressing these issues is critical to building a sustainable and equitable future for all, which is promoting the market demand for sustainable products.
The composite concrete deck industry in the U.S. is expected to grow in the coming years as more consumers become aware of the benefits of composite decking and seek to upgrade their outdoor living spaces. Furthermore, a composite concrete deck requires little maintenance, which is another advantage in the U.S., where the cost of labor and materials can be high. The reduced need for maintenance also means less disruption to traffic and abridged costs during the life of the structure. Thus, these factors are expected to positively impact the market demand in the U.S. during the forecast period.
The 3.0” thickness type segment led the market and accounted for the largest revenue share of 42.35% in 2022. It is the most common and profound variety of composite floor deck. It is a decent flooring choice because it can support concrete slabs thicker than the 1.5" or 2.0" composite concrete deck. The majority of its applications in outdoor flooring are for larger spans. The market demand is expected to increase during the forecast period due to the expanding trends in the industrial and commercial construction industries.
2.0" thickness composite concrete decking is primarily used in various private and public sector projects, including offices, factories, hospitals, sports arenas, parking lots, etc. As a result, demand for the market is anticipated to increase during the forecast period due to the growth of commercial and industrial buildings worldwide owing to increased commercialization.
The market for a 1.5” thickness composite concrete deck is growing at the fastest CAGR of 7.3% during the forecast year 2023-2030. A 1.5" composite deck is majorly used for outdoor flooring applications. Short spans are best suited for this composite concrete deck type because of its low profile. Furthermore, the widespread use of 1.5" composite concrete deck in non-residential applications for low-rise, high-rise, and manufacturing sectors is one of the factors in the market's expansion.
Site-built deck type led the market and accounted for the largest revenue share of 51.8% in 2022. Site-built concrete is preferable in composite concrete decks as it can provide additional structural integrity to the deck, making it more stable and resistant to movement or shifting. Furthermore, the additional benefit of site-built concrete over other segments is that it can be customized to fit the exact specifications of the deck, ensuring a perfect fit and a more cohesive overall design, because of which its demand is expected to grow during the forecast period.
The proprietary system composite concrete deck type segment is projected to grow at the fastest CAGR of 7.0% during the forecast year 2023-2030. Proprietary systems are manufactured to strict standards, ensuring consistency in the materials and dimensions. This can help ensure a consistent quality of the finished product. This consistency and quality control are critical in large or complex projects where a small error can cause significant problems. Rising use of proprietary systems in developed countries is likely to boost demand during the forecast period.
Precast deck type accounted for the second highest revenue share and was valued at 158.0 million in 2022. There has been growing use of precast concrete owing to its several benefits such as offsite manufacturing, quick installation, high strength, and durability. Moreover, the major driving factors of the material during the forecast period are that it can withstand harsh weather conditions, heavy loads, and exposure to chemicals or other corrosive materials, which can prolong the structure's lifespan.
The residential application segment accounted for a market share of 194.7 million in 2022 and is anticipated to grow at a CAGR of 7.2%. Composite concrete deck is highly durable and resistant to damage from weather, pests, and other environmental factors. In addition, they can last many years without requiring significant maintenance or repairs, making them a cost-effective choice for residential buildings.
Composite concrete decking may have a more significant share of the residential market as homeowners increasingly turn to composite materials as a low-maintenance and eco-friendly alternative to traditional wood decking. It is highly durable and requires less maintenance than wood, making it an attractive option for residential buildings for outdoor spaces without spending much time and money on upkeep.
In the commercial market, composite concrete decking is often used in public spaces, such as boardwalks, parks, and outdoor dining areas. Commercial applications often require high-performance materials that can withstand heavy foot traffic and exposure to the elements, and composite decking offers excellent durability and resistance to wear and tear. In addition, composite decking is often chosen for its low maintenance requirements, which can reduce maintenance costs for businesses and municipalities. These factors have anticipated an increase in the demand for composite concrete decks in commercial construction during the coming years.
North America dominated the market and accounted for a revenue share of 35.6% in the global composite concrete deck demand in 2022. This growth is attributed to the rising concerns about sustainability and the environmental impact of building materials. Furthermore, composite deck are often made from recycled materials and are designed to last longer than a traditional wood deck, which reduces waste and helps protect the environment. There have been various regulations and initiatives introduced within the region to address these issues. These factors are likely to contribute to the growth of the market.
In Asia Pacific, demand for the composite concrete deck is primarily driven by the increasing construction activity in the region. Furthermore, governments in the Asia Pacific region are investing heavily in infrastructure development, including roads, bridges, and buildings, owing to urbanization and population growth. Composite concrete deck is an attractive option for infrastructure projects because they are lightweight, durable, and easy to install. The abovementioned factors are anticipated to boost demand for the composite concrete deck in the region.
Europe accounted for the second-highest revenue share in 2022, and it is growing at a CAGR of 6.1% during the forecast period. The market is driven by the increasing demand for sustainable construction materials, the growing construction industry, technological advancements, favorable government policies, and increasing infrastructure investments.
The demand for composite concrete deck in the Middle East & Africa is anticipated to be driven by the growing residential sector during the forecast period because the construction industry has a multiplier effect on the economy, creating jobs and generating demand for goods and services. Growing investments in this industry in the region are anticipated to enhance the market growth in the Middle East & Africa region.
The global composite concrete deck market is dominated by global and domestic established players. These companies focus on forward integration by providing products directly to end-users. Some of these companies also use an established distribution and sales network to connect with their customers across regions easily. Some of the prominent players in the global composite concrete deck market include:
ASC Steel Deck
Raised Floor Solutions Limited
Structural Metal Decks
O’Donnell Metal Deck, LLC
Construction Metal Forming
A.C.T. Metal Deck Supply
TRUEDEK Steel Decking solutions
Market size value in 2023
USD 481.6 million
Revenue forecast in 2030
USD 775.6 million
CAGR of 6.9% from 2023 to 2030
Base year for estimation
2018 - 2022
2023 - 2030
Volume in million square feet, revenue in USD million, CAGR from 2023 to 2030
Volume & revenue forecast, competitive landscape, growth factors, and trends
Thickness type, deck type, application, region
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Japan; South Korea; Australia; Brazil
Key companies profiled
ASC Steel Deck; Raised Floor Solutions Limited; Tata Steel; Prodeck-Fixing Ltd.; Structural Metal Decks; O’Donnell Metal Deck, LLC; Construction Metal Forming; Cordeck; A.C.T. Metal Deck Supply; TRUEDEK Steel Decking solutions
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This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global composite concrete deck market report based on the thickness type, deck type, application, and region:
Thickness Type Outlook (Volume, Million Square Feet; Revenue, USD Million, 2023 - 2030)
Deck Type Outlook (Volume, Million Square Feet; Revenue, USD Million, 2023 - 2030)
Application Outlook (Volume, Million Square Feet; Revenue, USD Million, 2023 - 2030)
Regional Outlook (Volume, Million Square Feet; Revenue, USD Million; 2023 - 2030)
Central & South America
Middle East & Africa
b. The global composite concrete deck market size was estimated at USD 456 million in 2022 and is expected to reach USD 481.6 million in 2023.
b. The global composite concrete deck market is expected to grow at a compound annual growth rate, a CAGR of 6.9% from 2023 to 2030, to reach USD 775.6 million by 2030.
b. The site-built deck type accounted for the largest revenue share of 51.8% in 2022. The benefit of site-built concrete is that it can be customized to fit the exact specifications of the deck, ensuring a perfect fit and a more cohesive overall design, because of which its demand is expected to grow during the forecast period.
b. Some key players operating in the composite concrete deck market include ASC Steel Deck, Raised Floor Solutions Limited, Tata Steel, Prodeck-Fixing Ltd., Structural Metal Decks, O’Donnell Metal Deck, LLC, Construction Metal Forming, Cordeck, A.C.T. Metal Deck Supply, TRUEDEK Steel Decking solutions.
b. Key factors that are driving the market growth include the increasing utilization of sustainable building materials in residential and commercial construction.
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