From 2017 to 2022, the polymer modified cement-based coatings will grow at a compound annual growth rate of 6.2%. It is expected that the polymer modified cement-based coatings market will be US $ 1.23 billion in 2017 and will reach 1.66 billion in 2022 The dollar. Mainly due to the residential building on the polymer modified cement-based paint demand is growing, thus promoting the development of the paint market.
Polymer modified cement-based coatings can be classified according to the type of polymer, in which acrylic polymer cement-based coatings in the market dominated.
In 2016, the Asia-Pacific region in the polymer modified cement-based paint market share on the dominant. The market for polymer-modified cement-based coatings will grow at a high rate. The main factors are the growth of industrial buildings, residential buildings and public facilities in China, India, Korea and other countries. The demand for polymer-based cement-based coatings getting bigger.
The shelf life of the polymer-modified cement-based coating is 3 to 5 years, and the limited shelf life inhibits the rapid development of the polymer-modified cement-based coatings market. At the same time, the price of raw material for polymer modified cement-based coatings is also the market development A challenge.
BASF (Germany), Sika (Switzerland), Arkema (France), Fusley International Limited (UK), MapeiS.pA (Italy), Aksu (Netherlands), Dow Chemical Company (USA), Saint-Gobain Weber (France), Lubrizol (USA), Celanese (USA), Lafarge Malaysia (Malaysia), Berger Coatings India (India) and other companies are polymer modified cement The main participant in the paint market. These companies have been focused on the development of polymer-modified cement-based coatings markets such as mergers and acquisitions, expansion and new product development to expand undeveloped markets and potential markets.