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Home > News > Policy & Regulation > 2020 global cement-based coatings market reaches 1.1 billion US dollars

2020 global cement-based coatings market reaches 1.1 billion US dollars

ECHEMI 2020-08-11

According to the latest research by MarketsandMarkets, a market research organization, the global cement-based coatings market will reach approximately US$1.1 billion in 2020 and reach US$1.5 billion by 2025, with a compound annual growth rate of approximately 6.5% during the period. The analysis pointed out that the residential construction sector is the main driving force for the development of the polymer-modified cement-based coatings market. However, due to the short shelf life of this type of coating, the main factor restricting its development.

From the component point of view, as the demand for high-durability and more effective flexible waterproofing solutions has attracted more and more attention, the two-component market is more competitive. This is because two-component polymer-modified cement-based coatings have Better flexibility, wear resistance, impact resistance, water resistance, durability and other properties.

From the point of view of polymer types, acrylic polymer accounts for the largest proportion; from the perspective of application fields, polymer-modified cement-based coatings have the largest application in the field of residential construction and have a greater cost advantage. In the process of urbanization, a large number of new residential buildings need to be built, and polymer-modified cement-based coatings are suitable for building exterior walls such as brick structures and cement-based structures for waterproofing or refurbishing old houses, which are both decorative and protective; In terms of market area, the Asia-Pacific region has developed most significantly. The area has a high population, and the waterproof treatment of infrastructure such as residential buildings and commercial buildings requires a large number of applications of polymer-modified cement-based coatings.


The global companies involved in polymer-modified cement-based coatings business mainly include: Arkema of France, Sika of Switzerland, Akzo Nobel of the Netherlands, Mapei of Italy, Saint-Gobain of France, Fosroc of the UAE, Dow of the United States, and Fuller of the United States , Lubrizol of the United States, Organik Kimya Sanayi of Turkey, PIDI of India, Indulor Chemicals of Germany, etc.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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