Sarasota, FL -- (SBWire) -- 06/15/2018 --Global Polymer Modified Cementitious Coatings Market: Overview

It is a bicomponent, thixotropic protective coating which shields the concrete and steel substrates from corrosion when applied directly. It contains cement as one of its component which is held onto the surface by a binder and a polymer mixture which provides high adhesion to steel and cement substrates. This coating acts as a barrier from any acid-gas reaction or corrosive nature of substances and hence extends the lifetime of the material. It also protects concrete in sulfate contaminated ground conditions. The cementitious coating is applicable for internal and external waterproofing, for roofs and decks, protection of highways and coastal structures from chloride environment and also enhances the durability of concrete. Polymers used mainly include acrylic and its derivatives along with Styrene Butadiene Rubber Latex.

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Global Polymer Modified Cementitious Coatings Market: Growth Factors

Rising demand for residential buildings and the government initiatives for supporting infrastructural development are expected to boost the growth of the polymer modified cementitious coatings market across the globe. Increasing urbanization and industrial revolution have also boosted the growth of the polymer modified cementitious coatings market tremendously. Expansion of the architectural sector along with construction and building has also driven the polymer modified cementitious coatings market on a higher scale. The multiple application of the product in residential as well as the non-residential sector is expected to lead the market growth. The shorter shelf life of the polymer coating and fluctuations in the prices of raw material required for production is expected to contribute as a restraining factor in growth. As the economies are emerging there is an increased investment in the infrastructure sector which is fostering the growth of polymer modified cementitious coatings market significantly.

Global Polymer Modified Cementitious Coatings Market: Segmentation

The global polymer modified cementitious coatings market is segmented on basis of application, polymer type, and region. In terms of application, the polymer modified cementitious coatings market is fragmented into non-residential buildings, public infrastructures, and residential buildings. On basis of polymer type, the polymer modified cementitious coatings market is divided into SBR latex and acrylic polymer. Based on region, the polymer modified cementitious coatings market is categorized into North America, Europe, APAC, Latin America and Middle East & Africa.

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Global Polymer Modified Cementitious Coatings Market: Regional Analysis

Asia-Pacific is expected to be the largest market leader across the globe owing to the advanced infrastructure and increasing demand for residential buildings and public infrastructures. Increased investments in research and development along with emerging government policies, awareness about green technology and high adoption of architectural applications are fostering the growth in emerging economies like India and China. North America followed by Europe is growing significantly as there is an increased demand for a residential real estate in developed economies of North America.

Global Polymer Modified Cementitious Coatings Market: Competitive Players

Some of the vital players in the global polymer modified cementitious coating market include, Arkema SA, Akzo Nobel N.V, BASF SE, Berger Paints India Limited, Celanese Corporation, H.B.Fuller, Saint-Gobain Weber S.A., Dow Chemical Company, Pidilite Industries Limited and The Lubrizol Corporation, among others.

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Global Polymer Modified Cementitious Coatings Market: Regional Segment Analysis

North America

Europe

The Asia Pacific

Latin America

The Middle East and Africa

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