According to a market report by Lucintel, the future of the protective coatings in construction chemical market looks promising with opportunities in the new construction and repair markets. The use of protective coatings in the global construction chemical market is expected to reach an estimated $18.4 billion by 2028 with a CAGR of 5.3% from 2023 to 2028. The major drivers for this market are growing demand for protective coatings in the civil building & infrastructure industries for flooring, wood finishes, interior & exterior walls so as to enhance the durability and protect the structure from corrosion and UV radiation.
Within this market, new construction is expected to remain the larger segment due to the increasing construction for residential buildings and growing focus of governments on infrastructure projects in the developing countries.
APAC will remain the largest region due to increasing government investment in infrastructural development and growing usage of protective coatings in various end-use industries, such as civil building & infrastructure, in the region.
Arkema, Ashland, Fosroc International, Mapei S.P.A., Pidilite Industries, RPM International, Sika AG, and Dow Chemical Company are the major suppliers of protective coatings in the global construction chemical market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in protective coatings in the global construction chemical market by application and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in Protective Coatings in the Global Construction Chemical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for protective coatings in the global construction chemical market by application and region, as follows:
Protective Coatings in the Construction Chemical Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Protective Coatings in the Construction Chemical Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protective coatings in 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. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?