Market Size of Polymer Modified Cementitious Coating Industry
| 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
*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.
