What is the current Polymer Modified Cementitious Coating Market size?

The Polymer Modified Cementitious Coating Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029) Read More

Who are the key players in Polymer Modified Cementitious Coating Market?

BASF SE, Sika AG, Fosroc, Inc, Saint-Gobain Weber and MAPEI S.p.A are the major companies operating in the Polymer Modified Cementitious Coating Market. Read More

Which is the fastest growing region in Polymer Modified Cementitious Coating Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Polymer Modified Cementitious Coating Market?

In 2024, the Asia Pacific accounts for the largest market share in Polymer Modified Cementitious Coating Market. Read More

What years does this Polymer Modified Cementitious Coating Market cover?

The report covers the Polymer Modified Cementitious Coating Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polymer Modified Cementitious Coating Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Polymer Modified Cementitious Coating Market Trends

Statistics for the 2023 & 2024 Polymer Modified Cementitious Coating market trends, created by Mordor Intelligence™ Industry Reports. Polymer Modified Cementitious Coating trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Polymer Modified Cementitious Coating Industry

This section covers the major market trends shaping the Polymer Modified Cementitious Coating Market according to our research experts:

Residential Buildings Largest Segment for Polymer Modified Cementitious Coating Market

Cementitious coatings are commonly two-part mixes utilized behind the tile, over brickwork fixing, and over solid surfaces. These above and beneath grade waterproofing coatings have a great affinity to cement and stonework substrates because of their cementitious nature, and hence solid holding quality. Moreover, the polymer modifier contributes to the flexibility properties.
It is utilized as a consistent, impenetrable covering on a level rooftop in residential buildings for both uncovered and concealed waterproofing applications basements, water holding structures, underground solid structures, pits, basins, sumps, and so on.
It is anticipated that the revenue of new residential construction in the United States will reach up to roughly USD 585.7 billion by 2023.
The residential housing industry for students in India is projected to reach a market value of USD 320 million in 2020 from USD 170 million in 2018.
All the aforementioned factors are expected to drive the polymer modified cementitious coating market during the forecast period.

Polymer Modified Cementitious Coating Market Revenue Share

Understand The Key Trends Shaping This Market

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Asia-Pacific Region to Dominate Polymer Modified Cementitious Coating Market

Asia-Pacific region holds a prominent share in the polymer modified cementitious coating market globally and is expected to dominate the market during the forecast timeline.
The region has seen rapid urbanization in the last few years as the developing countries like China, India, Indonesia, etc. from the region are becoming a global hub for several businesses across the world.
In 2020, the revenue from the smart home market segment is expected to be USD 34.56 billion and is forecasted to grow up to market value of USD 56.6 billion by 2023.
The Asia-Pacific region dominates the buildings & construction business over the world contributing about 46% of the worldwide spending in the construction sector.
Thus, rising demand from various industries is expected to drive the market studied in the region during the forecast timeframe.