Polymer Modified Cementitious Coating Market Size (2024 - 2029)

The polymer modified cementitious coating market is anticipated to experience growth driven by its significant demand in the residential buildings sector. This market's expansion is supported by its application as a water seal on various building components, providing a durable waterproofing solution. The Asia-Pacific region is projected to dominate the market due to rapid urbanization and a surge in residential construction projects. However, challenges arising from the COVID-19 pandemic may hinder the market's development.

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Market Size of Polymer Modified Cementitious Coating Industry

polymer modified cementitious coating - market summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Polymer Modified Cementitious Coating Market Major Players

*Disclaimer: Major Players sorted in no particular order

Polymer Modified Cementitious Coating Market Analysis

The polymer modified cementitious coating market is expected to develop at a CAGR of over 4% during the forecast period. The major factor driving the growth of the polymer-modified cementitious coating market is its high demand from the residential buildings segment. On the other side, unfavorable conditions emerging because of the unexpected episode of COVID-19 is foreseen to thwart the development of the market considered.

  • Polymer Modified Cementitious Coating products are extensively used for application as water seals to surfaces of a wide range of building components. It is utilized as a consistent, impenetrable covering on a level rooftop for both uncovered and concealed waterproofing applications.
  • Asia-Pacific is expected to be the largest market due to rapid urbanization and high demand for residential building projects in the region.

Polymer Modified Cementitious Coating Industry Segmentation

The Polymer Modified Cementitious Coating Market report includes:

Polymer Type
Acrylic Polymer
SBR Latex
Application
Non-Residential Buildings
Residential Buildings
Public Infrastructures
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Polymer Modified Cementitious Coating Market Size Summary

The polymer modified cementitious coating market is poised for steady growth, driven primarily by its increasing application in residential buildings. This growth is attributed to the material's effectiveness as a waterproofing solution, providing a durable and flexible barrier for various building components. Despite the positive outlook, the market faces challenges due to the lingering impacts of the COVID-19 pandemic, which have introduced some unfavorable conditions. The Asia-Pacific region is anticipated to lead the market, fueled by rapid urbanization and a surge in residential construction projects, particularly in countries like China and India. These developments are supported by the region's significant contribution to the global construction sector, making it a key player in the polymer modified cementitious coating market.

The market landscape is characterized by a partial fragmentation, with several key players such as BASF SE, Sika AG, Fosroc, Inc, Saint-Gobain Weber, and MAPEI S.p.A. actively participating. These companies are instrumental in driving innovation and meeting the rising demand for polymer modified cementitious coatings across various industries. The coatings are extensively used for both above and below-grade waterproofing applications, demonstrating strong adhesion to cement and masonry substrates. This versatility and effectiveness in enhancing the durability and flexibility of building materials are central to the market's growth trajectory during the forecast period.

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Polymer Modified Cementitious Coating Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Residential Buildings Segment to Boost the Market

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Unfavorable Conditions Arising Due to COVID-19 Outbreak

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Polymer Type

      1. 2.1.1 Acrylic Polymer

      2. 2.1.2 SBR Latex

    2. 2.2 Application

      1. 2.2.1 Non-Residential Buildings

      2. 2.2.2 Residential Buildings

      3. 2.2.3 Public Infrastructures

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Polymer Modified Cementitious Coating Market Size FAQs

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

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.

Polymer Modified Cementitious Coating Report Snapshots

Polymer Modified Cementitious Coating Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)