Composite Concrete Deck

Market Overview: 

The global composite concrete deck market size reached US$ 491.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 845.7 Million by 2032, exhibiting a growth rate (CAGR) of 6.21% during 2024-2032. The increasing construction of commercial buildings, rising environmental concerns, and extensive research and development (R&D) activities represent some of the key factors driving the market.

A composite concrete deck is a structural deck system consisting of a concrete slab and a steel or composite metal deck connected using shear connectors, which are typically headed studs welded to the top of the steel beam. It is widely used in multi-story buildings, such as office buildings, hotels, and residential apartments. A composite concrete deck is also used in bridges, parking garages, and other structures where a high strength-to-weight ratio is required. It offers a cost-effective and efficient solution for construction and exhibits high strength, durability, sound insulation, fire resistance, and design flexibility.

Composite Concrete Deck Market Trends:

The increasing construction of commercial buildings such as offices, retail spaces, and hotels across the globe is one of the primary factors impelling the market growth. Composite concrete decks offer enhanced structural performance, strength, and versatility to support various loads and accommodate architectural design requirements. In line with this, the widespread product adoption owing to the growing need for structural efficiency, cost-effectiveness, and compliance with safety regulations in high-rise residential construction is contributing to the market growth. Moreover, the increasing demand for site-built concrete as it provides additional structural integrity to the deck, which assists in making it more stable, resistant to movement or shifting, and customizable, ensuring a more cohesive overall design, which in turn is favoring the market growth. Apart from this, the increasing focus on sustainable and environmentally friendly construction practices is acting as another growth-inducing factor. Composite concrete decks contribute to sustainability through the use of recyclable materials such as steel that can be recycled easily without affecting its inherent properties, making it a sustainable solution. Furthermore, various technological advancements in manufacturing technologies help to enhance the performance and efficiency of composite concrete decks and offer better quality control, faster production, and increased design possibilities, which provides an impetus to the market growth. Other factors, including enhanced research and development (R&D) activities, rapid urbanization and infrastructure development, and the implementation of various government initiatives to promote the use of composite materials for construction due to the rising environmental concern, are presenting remunerative growth opportunities for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global composite concrete deck market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on thickness type, deck type, and application.

Thickness Type Insights:

• 1.5”
• 2”
• 3”
   

The report has provided a detailed breakup and analysis of the composite concrete deck market based on thickness type. This includes 1.5”, 2”, and 3”. According to the report, 3” represented the largest segment.

Deck Type Insights:

• Proprietary System
• Pre-Cast
• Site-Built
   

The report has provided a detailed breakup and analysis of the composite concrete deck market based on the deck type. This includes proprietary system, pre-cast, and site-built. According to the report, site-built represented the largest segment.

Application Insights:

• Residential
• Commercial
   

The report has provided a detailed breakup and analysis of the composite concrete deck market based on the application. This includes residential and commercial. According to the report, residential represented the largest segment.

Regional Insights:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for composite concrete deck. Some of the factors driving the North America composite concrete deck market included significant growth in the construction industry, the implementation of various government initiatives, and extensive research and development (R&D) activities.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global composite concrete deck market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include A.C.T. Metal Deck Supply, ASC Profiles LLC (BlueScope Steel Limited), Construction Metal Forming, Cordeck, O'Donnell Metal Deck LLC, Raised Floor Solutions Ltd (RFS Group), Structural Metal Decks, Tata Steel Europe Limited, Truedek Steel Decking, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Composite Concrete Deck Market Report Scope:

Key Questions Answered in This Report:

• How has the global composite concrete deck market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global composite concrete deck market?
• What is the impact of each driver, restraint, and opportunity on the global composite concrete deck market?
• What are the key regional markets?
• Which countries represent the most attractive composite concrete deck market?
• What is the breakup of the market based on the thickness type?
• Which is the most attractive thickness type in the composite concrete deck market?
• What is the breakup of the market based on the deck type?
• Which is the most attractive deck type in the composite concrete deck market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the composite concrete deck market?
• What is the competitive structure of the global composite concrete deck market?
• Who are the key players/companies in the global composite concrete deck market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the composite concrete deck market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the global composite concrete deck market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the composite concrete deck industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.