The global protective coatings in the global construction chemical market is projected to reach $18.4 billion by 2028, at a CAGR of 5.3% during 2023-2028. The growth of protective coatings in the global construction chemical market is driven by growing demand for protective coatings in the civil building & infrastructure industries for flooring, wood finishes, interior & exterior walls so as to enhance the durability and protect the structure from corrosion and UV radiation.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the protective coatings in the
global construction chemical market by application (new construction and
repairs) and region (North America, Europe, Asia Pacific, and the Rest of the
World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the protective coatings in the global
construction chemical market?
Q.4 What are some
changing demands of customers in the protective coatings in the global
construction chemical market?
Q.5 What are the new
developments in the protective coatings in the global construction chemical
market? Which companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this protective coatings in the global
construction chemical area and how big of a threat do they pose for loss of
market share via product substitution?
Q.8 What M&A activity
has occurred in the last 5 years in this protective coatings in the global
construction chemical market?
Market Segmentation:
Based on application,
the protective coatings in the global construction chemical market is segmented
into new construction and repairs. The new construction segment accounted for
the largest share of the market in 2023 and is expected to register the highest
CAGR during the forecast period, due to the increasing construction for
residential buildings and growing focus of governments on infrastructure
projects in the developing countries.
APAC will remain the
largest region due to increasing government investment in infrastructural
development and growing usage of protective coatings in various end use
industries, such as civil building & infrastructure, in the region.
Key Players in the
protective coatings in the global construction chemical market are Arkema,
Ashland, Fosroc International, Mapei S.P.A., Pidilite Industries, RPM
International, Sika AG, and Dow Chemical Company.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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