What is Organic Waterproof Coating Market Scope?
Organic Waterproof Coating is a kind of coating which contains ingredients that are derived from either vegetable or animal matter. These waterproofing coatings are majorly rich in hydrocarbon and are used to provide an additional type of finish to the materials on which they are applied. These coatings help in providing the necessary change to the surface properties of the substrate such as adhesion, wettability, corrosion resistance, and wear resistance. The organic waterproof coating improves the stability and durability of metal surface hence, increasing rise for environmental concerns and rise in demand for green materials globally will drive the market for organic waterproof coating.
The Organic Waterproof Coating market study is being classified by Type (Liquid and Dry), by Application (Road Construction, Building Construction, Bridge and Tunnel Construction and Other) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from Global will contribute to the maximum growth of Global Organic Waterproof Coating market throughout the predicted period.
AkzoNobel (Netherlands), PPG Industries (United States), The Sherwin-Williams Company (United States), Dupont (United States), BASF SE (Germany), Valspar (United States), Nippon Paint (Japan), Jotun (Norway), Kansai Paint (Japan) and Diamond Paint (Pakistan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Covestro AG (Germany), Hempel Group (Denmark), Rust-Oleum (United States), Satyen Polymers (India) and VIP Coatings (Germany).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Organic Waterproof Coating market by Type, Application and Region.
On the basis of geography, the market of Organic Waterproof 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).
On June 2018, MIT-developed a process that could offer a nontoxic alternative to environmentally harmful chemicals. A team at MIT came up with a promising solution, it is the type of coating that not only adds water-repellency to natural fabrics such as cotton and silk but is also more effective than the existing coatings. The new findings are described in the journal Advanced Functional Materials, in a paper by MIT professors Kripa Varanasi and Karen Gleason, former MIT postdoc Dan Soto, and two others.
Influencing Market Trend
- Adoption of Organic Waterproof Coating in End-User Industries Such As Automotive and Building & Construction
Market Drivers
- Increasing Demand for Waterproof Substances Globally
- Rising Awareness among the Consumers towards Protecting Their Materials
- Higher Efficiency Compared To Conventional Coating Technology
Opportunities
- Rising Advancements in Technology and Emerging Applications for waterproofing Coating
- Growing Opportunities in Emerging Economies
- Increase in Industrial and Commercial Construction
Restraints
- Concern for Low Heat Resistance of Organic Waterproofing Coating
- Higher Cost As Compared To Conventional Coatings
Challenges
- Availability of Substitutes in the Market
Key Target Audience
Organic Waterproof Coating Manufactures, Organic Waterproof Coating Distributors, Organic Waterproof Coating exporters and importers, Research firm, End – users and Others
Customization available in this Study:
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