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

The market is segmented by Polymer Type (Acrylic Polymer and SBR Latex), Application (Non-Residential Buildings, Residential Buildings, and Public Infrastructures), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East & Africa)

Polymer Modified Cementitious Coating Market Size

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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

*Disclaimer: Major Players sorted in no particular order

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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 Market Trends

This section covers the major market trends shaping the Polymer Modified Cementitious Coating Market according to our research experts:

Residential Buildings Largest Segment for Polymer Modified Cementitious Coating Market

  • Cementitious coatings are commonly two-part mixes utilized behind the tile, over brickwork fixing, and over solid surfaces. These above and beneath grade waterproofing coatings have a great affinity to cement and stonework substrates because of their cementitious nature, and hence solid holding quality. Moreover, the polymer modifier contributes to the flexibility properties.
  • It is utilized as a consistent, impenetrable covering on a level rooftop in residential buildings for both uncovered and concealed waterproofing applications basements, water holding structures, underground solid structures, pits, basins, sumps, and so on.
  • It is anticipated that the revenue of new residential construction in the United States will reach up to roughly USD 585.7 billion by 2023.
  • The residential housing industry for students in India is projected to reach a market value of USD 320 million in 2020 from USD 170 million in 2018.
  • All the aforementioned factors are expected to drive the polymer modified cementitious coating market during the forecast period.
Polymer Modified Cementitious Coating Market Revenue Share

Asia-Pacific Region to Dominate Polymer Modified Cementitious Coating Market

  • Asia-Pacific region holds a prominent share in the polymer modified cementitious coating market globally and is expected to dominate the market during the forecast timeline.
  • The region has seen rapid urbanization in the last few years as the developing countries like China, India, Indonesia, etc. from the region are becoming a global hub for several businesses across the world.
  • In 2020, the revenue from the smart home market segment is expected to be USD 34.56 billion and is forecasted to grow up to market value of USD 56.6 billion by 2023.
  • The Asia-Pacific region dominates the buildings & construction business over the world contributing about 46% of the worldwide spending in the construction sector.
  • Thus, rising demand from various industries is expected to drive the market studied in the region during the forecast timeframe.
Polymer Modified Cementitious Coating Market Regional Trends

Polymer Modified Cementitious Coating Industry Overview

The market for polymer modified cementitious coating is partially fragmented. Some of the players in the market include BASF SE, Sika AG, Fosroc, Inc, Saint-Gobain Weber, and MAPEI S.p.A.

Polymer Modified Cementitious Coating Market Leaders

  1. BASF SE

  2. Sika AG

  3. Fosroc, Inc

  4. Saint-Gobain Weber

  5. MAPEI S.p.A

*Disclaimer: Major Players sorted in no particular order

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Polymer Modified Cementitious Coating Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Residential Buildings Segment to Boost the Market

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Unfavorable Conditions Arising Due to COVID-19 Outbreak

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Polymer Type

      1. 5.1.1 Acrylic Polymer

      2. 5.1.2 SBR Latex

    2. 5.2 Application

      1. 5.2.1 Non-Residential Buildings

      2. 5.2.2 Residential Buildings

      3. 5.2.3 Public Infrastructures

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Akzo Nobel N.V.

      2. 6.4.2 Arkema S.A.

      3. 6.4.3 BASF SE

      4. 6.4.4 Berger Paints India Limited

      5. 6.4.5 Evercrete

      6. 6.4.6 Fosroc, Inc

      7. 6.4.7 H.B. Fuller

      8. 6.4.8 MAPEI S.p.A

      9. 6.4.9 Pidilite Industries Limited

      10. 6.4.10 Saint-Gobain Weber

      11. 6.4.11 Sika AG

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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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 Research 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.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Polymer Modified Cementitious Coating Market.

The report covers the Polymer Modified Cementitious Coating Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polymer Modified Cementitious Coating Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Polymer Modified Cementitious Coating Industry Report

Statistics for the 2024 Polymer Modified Cementitious Coating market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Polymer Modified Cementitious Coating analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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