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Global Composite Concrete Deck Market to reach USD 777.65 million by the end of 2030.

Global Composite Concrete Deck Market Size study & Forecast, by Thickness Type (1.5,” 2”, 3”), by Deck Type (Proprietary System, Pre-Cast, Site-Built), by Application (Residential, Commercial) and Regional Analysis, 2023-2030

Product Code: CMAM-34902015
Publish Date: 30-10-2023
Page: 200

Global Composite Concrete Deck Market is valued at approximately USD 456 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2023-2030. A composite concrete deck, also known as a composite deck slab or composite slab, is a structural system commonly used in building construction. It involves combining two materials, concrete and steel, to create a strong and efficient floor or roof deck. The Composite Concrete Deck market is expanding because of factors such as the increasing number of construction activities and rapid urbanization. The composite deck consists of a steel reinforcement system, typically in the form of steel bars or mesh, placed within the concrete slab. The steel reinforcement provides tensile strength to the structure and helps resist bending and cracking. Its importance has progressively increased during the forecast period 2023-2030.

Composite concrete decks are known for their relatively quick installation compared to traditional construction methods. The increased pace of construction activities could make such systems even more attractive due to their efficiency and time-saving benefits. According to Statista, in 2022, The construction industry has grown to a spending value of almost USD 12 trillion and is projected to increase at an average of 3% annual rate. This comprises residential and commercial real estate construction projects. Furthermore, the construction market accounts for USD 6.4 trillion in 2020 and is projected to reach up to USD 14.4 trillion by 2030. Another important factor that drives the Composite Concrete Deck market is increasing urbanization. Urbanization often leads to the construction of high-rise buildings to accommodate the growing population in limited space. Composite concrete decks are commonly used as floor slabs in high-rise buildings. Their strength and load-carrying capacity allow for taller structures, while the reduced floor thickness contributes to maximizing usable space. In addition, as per Statista, in 2022, The global rate of urbanization was 57%. North America has the highest amount of urbanization, with more than four-fifths of the population living in cities. Moreover, rising government initiatives for infrastructure projects and growing demand for sustainable building materials are anticipated to create lucrative growth opportunities for the market over the forecast period. However, high cost of labor and high material maintenance stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Composite Concrete Deck Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising concerns about sustainability and the environmental impact of building materials and technological advancement in construction material handling solutions in the region. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising government investments in infrastructure development, including roads, bridges, and buildings, owing to urbanization and population growth in the region.

Major market player included in this report are:

ASC Steel Deck
Raised Floor Solutions Limited
Tata Steel
Prodeck-Fixing Ltd.
Structural Metal Decks Ltd
O’Donnell Metal Deck, LLC
Construction Metal Forming Limited
A.C.T. Metal Deck Supply
Truedek Steel Decking solutions

Recent Developments in the Market:
Ø In January 2023, Tata Steel Limited started its construction on a new 0.75 MTPA electric arc furnace (EAF)-based steelmaking facility with a rebar mill in the Ludhiana district. The new factory will be built in Kadiana Khurd, a new industrial park close to the city’s state-of-the-art hi-tech cycle valley, which spans 383 acres.
Global Composite Concrete Deck Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Thickness Type, Deck Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Thickness Type

By Deck Type
Proprietary System

By Application

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Composite Concrete Deck Market, by Region, 2020-2030 (USD Million)
1.2.2. Composite Concrete Deck Market, by Thickness Type, 2020-2030 (USD Million)
1.2.3. Composite Concrete Deck Market, by Deck Type, 2020-2030 (USD Million)
1.2.4. Composite Concrete Deck Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Composite Concrete Deck Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Composite Concrete Deck Market Dynamics
3.1. Composite Concrete Deck Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing number of construction activities Rapid urbanization
3.1.2. Market Challenges High cost of labour High material maintenance
3.1.3. Market Opportunities Rising government initiatives for infrastructure projects Growing demand for sustainable building materials
Chapter 4. Global Composite Concrete Deck Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Composite Concrete Deck Market, by Thickness Type
5.1. Market Snapshot
5.2. Global Composite Concrete Deck Market by Thickness Type, Performance – Potential Analysis
5.3. Global Composite Concrete Deck Market Estimates & Forecasts by Thickness Type 2020-2030 (USD Million)
5.4. Composite Concrete Deck Market, Sub Segment Analysis
5.4.1. 1.5”
5.4.2. 2”
5.4.3. 3”
Chapter 6. Global Composite Concrete Deck Market, by Deck Type
6.1. Market Snapshot
6.2. Global Composite Concrete Deck Market by Deck Type, Performance – Potential Analysis
6.3. Global Composite Concrete Deck Market Estimates & Forecasts by Deck Type 2020-2030 (USD Million)
6.4. Composite Concrete Deck Market, Sub Segment Analysis
6.4.1. Proprietary System
6.4.2. Pre-Cast
6.4.3. Site-Built
Chapter 7. Global Composite Concrete Deck Market, by Application
7.1. Market Snapshot
7.2. Global Composite Concrete Deck Market by Application, Performance – Potential Analysis
7.3. Global Composite Concrete Deck Market Estimates & Forecasts by Application 2020-2030 (USD Million)
7.4. Composite Concrete Deck Market, Sub Segment Analysis
7.4.1. Residential
7.4.2. Commercial
Chapter 8. Global Composite Concrete Deck Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Composite Concrete Deck Market, Regional Market Snapshot
8.4. North America Composite Concrete Deck Market
8.4.1. U.S. Composite Concrete Deck Market Thickness Type breakdown estimates & forecasts, 2020-2030 Deck Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Composite Concrete Deck Market
8.5. Europe Composite Concrete Deck Market Snapshot
8.5.1. U.K. Composite Concrete Deck Market
8.5.2. Germany Composite Concrete Deck Market
8.5.3. France Composite Concrete Deck Market
8.5.4. Spain Composite Concrete Deck Market
8.5.5. Italy Composite Concrete Deck Market
8.5.6. Rest of Europe Composite Concrete Deck Market
8.6. Asia-Pacific Composite Concrete Deck Market Snapshot
8.6.1. China Composite Concrete Deck Market
8.6.2. India Composite Concrete Deck Market
8.6.3. Japan Composite Concrete Deck Market
8.6.4. Australia Composite Concrete Deck Market
8.6.5. South Korea Composite Concrete Deck Market
8.6.6. Rest of Asia Pacific Composite Concrete Deck Market
8.7. Latin America Composite Concrete Deck Market Snapshot
8.7.1. Brazil Composite Concrete Deck Market
8.7.2. Mexico Composite Concrete Deck Market
8.8. Middle East & Africa Composite Concrete Deck Market
8.8.1. Saudi Arabia Composite Concrete Deck Market
8.8.2. South Africa Composite Concrete Deck Market
8.8.3. Rest of Middle East & Africa Composite Concrete Deck Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. ASC Steel Deck Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Raised Floor Solutions Limited
9.3.3. Tata Steel
9.3.4. Prodeck-Fixing Ltd.
9.3.5. Structural Metal Decks Ltd
9.3.6. O’Donnell Metal Deck, LLC
9.3.7. Construction Metal Forming Limited
9.3.8. Cordeck
9.3.9. A.C.T. Metal Deck Supply
9.3.10. Truedek Steel Decking solutions
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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