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Water Proof Coatings Market Global Industry Analysis, Trends and Forecast, ... PowerPoint PPT Presentation


Future Market Insights has announced the addition of the “ Water Proof Coatings Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020”report to their offering.

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Water proof coatings market global industry analysis trends and forecast 2014 2020

Global

Water Proof

Coatings Market

Share, Global Trends,

Analysis, Research, Report,

Opportunities,

Segmentation and Forecast,

2014-2020

Future Market Insights

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Water proof coatings market global industry analysis trends and forecast 2014 2020

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Water proof coatings market global industry analysis trends and forecast 2014 2020

Report Description

Report Description

Water-proofing is making an object virtually impervious to water. Water-proof coatings

help objects remain unaffected by water and resist the ingress of water under specified

conditions. Such items can be used in wet environments and under water to specified

depths. Objects applied with waterproof coatings are resistant to penetration by water

and wetting. Water-proof coatings have applications in various industries such as

building & construction, automobiles, furniture and chemical industries among others.

Demand for water-proof

coatings

have

industrialization and continued recovery of the global economy. Development of unique

formulation technologies and products is expected to boost the market in the next few

years. Water-proof coatings dominate the paints and coatings market. Residential and

commercial infrastructures are the major end-users for water-proof coatings. At the same

time, automotives & aviation generate the largest revenue for the water-proof coatings

market. Water-proof coatings are also in high demand in marine, energy and electronics,

among others.

been increasing mainly due to rapid

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Asia Pacific accounted for the largest market share in terms of demand for water-proof

coatings. Europe held the second largest market, followed by North America. Growing

infrastructure activities coupled with lower operating costs encouraged major capacity


Water proof coatings market global industry analysis trends and forecast 2014 2020

Report Description

Report Description

additions of coatings in the region. Growth of the building & construction market is due to

urbanization and changing lifestyles in emerging economies such as Brazil, China and

India. Rising population and changing lifestyles of consumers have been driving the

market and are expected to continue to do so in the next few years as well. Asia Pacific

has experienced dynamic economic growth in the past decade. This trend is expected to

continue in the next few years. Growth in economy has led to development of the

building & construction industry in the region along with the overall living standards. With

recovery in the world economy, enhanced construction activities are likely to be carried

out globally. This growth in construction activities is anticipated to trigger the demand for

water-proof coatings used in building & construction activities. Water-proof coatings are

used for interior as well as exterior applications. They are used to enhance aesthetics of

products and provide more protection to them. The U.S. recently experienced an

increase in construction activities due to the revival of its economy from recession.

Demand for new houses has almost reached the pre-recession levels. This is likely to

lead to a rise in construction activities in the U.S. and would subsequently increase the

demand for water-proof coatings. Industries such as electronics and automotive are the

fastest growing markets in India and China. These are expected to witness high demand

for water-proof coatings in the near future.

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Water proof coatings market global industry analysis trends and forecast 2014 2020

Report Description

Report Description

Manufacturers have turned their attention towards water-proof coatings as they provide

an economical option to other coatings. Other coatings are affected by fluctuating prices

and unstable supply. Japan is likely to witness a significant rise in demand for water-

proof coatings as earthquake reconstruction efforts gain momentum. The water-proof

coatings market is also forecast to grow in mature markets such as the U.S. and Europe

where manufacturers focus on product differentiation through various technologies to

gain competitive advantages.

Key players in the water-proof coatings market are Key players include PPG Industries,

The Valspar Corporation, BASF SE and, Flosilchemical, Dampney Company, Sherwin-

Williams Company among others.

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coatings-market


Water proof coatings market global industry analysis trends and forecast 2014 2020

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