PUBLISHER: Value Market Research | PRODUCT CODE: 1547989
PUBLISHER: Value Market Research | PRODUCT CODE: 1547989
The global demand for Wall Putty Market is presumed to reach the market size of nearly USD 9.93 Billion by 2032 from USD 5.01 Billion in 2023 with a CAGR of 7.89% under the study period 2024-2036.
Wall Putty is a fine white powder obtained from cement which is used on walls before the actual painting to actuate the final finish and aesthetics of the wall. It is used to cover the various imperfections on the concrete wall surface and hence enable a smooth flawless wall after painting. Wall putty exhibits excellent adhesion properties and can extend the lifetime of a wall. The breathability of the wall and the performance, not the paint is greatly enhanced. Wall putty can be applied both on the interior and exterior walls and it increases the walls' water resistance thus preventing the growth of fungi and algae on the wall.
The alarming rise in infrastructural developments across the globe and an increase in construction activities are the major drivers for the growth of the wall putty market. Rapid urbanisation and increased renovation projects will provide further opportunities for the market to grow. Rise in disposable income and increased awareness of innovative products to enhance the aesthetics of residential buildings will boost market growth. The growth of this market might be slightly at a slower pace due to reduced construction activities during COVID-19 lockdown. The major challenge faced by this matter is the need for skilled workers to apply this putty and can cause allergy or skin irritation on prolonged exposure.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Wall Putty. The growth and trends of Wall Putty industry provide a holistic approach to this study.
This section of the Wall Putty market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Wall Putty market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Wall Putty market include UltraTech Cement Ltd., JK Cement Ltd., Walplast Products Pvt. Ltd., Diamond Retail Mart Pvt. Ltd., Asian Paints, Saint-Gobain Gyproc India Ltd., Platinum Waltech Ltd., Plaster Infratech India, Berger Paints India Limited, Kaya Maya Industries, Sika AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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