Global Polymer Modified Cementitious Coating Market Overview:
Polymer Modified Cementitious Coating is an emulsion chemical that is used mainly for waterproofing by mixing it with cement. This coating is even applied to machinery to delay or prevent a frequent tear in the machinery. With the rise of the construction industry in recent years, the manufacturers of Polymer Modified Cementitious Coating are expected to benefit from it. Some of the players profiled in the study are Fosroc (United Arab Emirates), CHRYSO (France), H.B. Fuller Company (United States), Sika AG (Switzerland), Pidilite Industries Limited (India), Akzo Nobel N.V. (Netherlands), Dow, Inc. (United States), Indulor Chemie GmbH (Germany), Compagnie de Saint-Gobain S.A. (France) and Arkema S.A. (France).
On the basis of geography, the market of Polymer Modified Cementitious Coating has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Direct Channel will boost the Polymer Modified Cementitious Coating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Components, the sub-segment i.e. Single Component will boost the Polymer Modified Cementitious Coating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Polymer, the sub-segment i.e. Acrylic Polymer will boost the Polymer Modified Cementitious Coating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flexibility, the sub-segment i.e. Flexible will boost the Polymer Modified Cementitious Coating market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rapid Urbanization which Leads to Rising in Construction Industry
- Rising Industrialization Leads to Increased Investment in Machinery and thus to Maintain that Machinery, the Demand for Polymer Modified Cementitious Coating Increases
- Increasing Investment and Demand for Paint
- Low Costs of Polymer Modified Cementitious Coating Makes it Ideal Choice for Middle Income Households
Restraints
- Competition from Other Water Proofing Solutions Such as Liquid Membranes, Sheet Membranes, Sodium Bentonite, Etc.
Opportunities
- The Asia Pacific is a Major Opportunity for Manufacturers of Polymer Modified Cementitious Coating, Because of Massive Construction Activities in this Region
Challenges
- Low Shelf Life of Polymer Modified Cementitious Coating is a Major Challenge for its Suppliers and Distributors
- It is Prone to Mechanical Damage and Loses its Waterproofing Properties
Key Market Developments:
In 2019, Berger Paints India Ltd, one of India’s market leaders in Paint and Waterproofing solutions acquired STP Ltd, which is a Kolkata-based construction and building material manufacturers, with a specialty in waterproofing. The deal was worth INR 167.5 crore or around 23 million USD. Berger looks at expanding its portfolio and offerings with the completion of this deal.
In 2020, Sika AG, a Swiss multinational market leader in specialty chemicals has acquired Egypt based Modern Waterproofing Group, which is a specialist in the manufacturing of roofing and waterproofing systems in Egypt. The acquisition will extend Sika’s roof and waterproofing solutions across different market segments as well as increase its supplier and distributor network in Egypt.
Target Audience:
Polymer Modified Cementitious Coating Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Polymer Modified Cementitious Coating market on the basis of product [Acrylic Polymer and SBR Latex] , application [Construction, Industrial, Plumbing and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Polymer Modified Cementitious Coating market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Polymer Modified Cementitious Coating industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Asian Paints Ltd (India), Organik Kimya Sanayi Ve Ticaret A.S. (Turkey) and The Euclid Chemical Company (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Polymer Modified Cementitious Coating market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.