Global Polymer Modified Cementitious Coatings Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global polymer modified cementitious coatings market in its upcoming report titled, “Global Polymer Modified Cementitious Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global polymer modified cementitious coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global polymer modified cementitious coatings market report has been segmented on the basis of polymer type, application, and region.

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Polymer-based concrete has emerged as an additive that helps to improve durability and adhesion of cementitious material to improve strength of concrete by reducing porosity at surface level and holds back water in the concrete for longer duration. They are extensively used for waterproofing, protection of corroded buildings, and roadside structures. It is efficient against drastic climate change and can work at variable temperatures.

Polymer modified cementitious coatings are extensively used in waterproofing of roof slabs, water tanks, basements, and sunshades, and work as bonding agents in repair, and plastering, which improves tensile strength of cement and reduces probability of cracking in structures. These are used for waterproofing of exterior walls, driveways & sidewalks, and floorings in buildings. In addition, increasing government initiatives for infrastructural developments such as roadside barriers, parking, and stadiums to protect them from corrosion is boosting usage of the polymer modified cementitious coatings. Growing construction sector in developed and developing economies is a key factor driving growth of the global polymer modified cementitious coatings market.

Shelf life of polymer modified cementitious coatings is about 3 to 5 years which is a major constraint in the growth of the global polymer modified cementitious coatings market. Additionally, fluctuating raw material prices is another factor expected to hamper growth of the global polymer modified cementitious coatings market over forecast period.

Asia Pacific accounted for the largest share in terms of revenue in the global polymer modified cementitious coatings market and is expected to witness growth with highest CAGR of X.X%, owing to growth of the residential real estate sectors, non-residential real estate, and growing investments in public structures in developed countries such as China, India and South Korea.

Global polymer modified cementitious coating market segmentation:

Segmentation by polymer type:

• Acrylic Polymer
• SBR Latex

Segmentation by application:

• Non-Residential Buildings
• Residential Buildings
• Public Infrastructures

Segmentation by region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa