#Global #Polymer #Modified #Cementitious #Coatings #Market #Size
New Delhi, Oct. 19, 2022 (GLOBE NEWSWIRE) — Global polymer modified cementitious coatings market is thriving because of growing urbanization, increasing demand for geopolymer cement and improved waterproofing coating, and government initiatives boosting construction activities.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the Global Polymer Modified Cementitious Coatings Market size to grow at a CAGR of 9.5% during the forecast period between 2022 and 2028, to reach a value of USD 2.48 billion by 2028. Major growth drivers for global polymer modified cementitious coatings market are rapid urbanization, migrated people from rural areas opting for residential building segments in urban areas, and an increase in government initiatives in emerging countries to support infrastructure developments. As construction activities rise, there is a necessity for superior waterproofing coating, which is expected to fuel the market during the forecast period. However, the limited shelf life of polymer-modified cementitious coatings may limit the growth of global polymer modified cementitious coatings market.
Global Polymer Modified Cementitious Coatings Market – Overview
Polymer-Modified Cementitious Coating (PMC) is a dual component that protects concrete and steel components against corrosion. The primary substrate is cement, which attaches to the surface using a polymer combination. They are commonly used for waterproofing and corrosion prevention. Residential construction activities need waterproofing, boosting the PMC market. The growth of architectural sector in conjunction with construction promotes the expansion of global polymer-modified cementitious coatings market.
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Global Polymer Modified Cementitious Coatings Market – Regional Analysis
Asia Pacific is expected to…