Acrylic Waterproof Paint Market Research, Industry Outlook, Size, Growth Factors, And Forecast 2028
Acrylic
waterproof paint is a type of paint that is formulated to repel water,
resist fading, and maintain its color even in harsh weather conditions. It is
commonly used for painting roofs, walls, and other exterior surfaces of
residential, commercial, and industrial buildings. The global acrylic waterproof
paint market is expected to witness significant growth in the coming years,
driven by factors such as increasing demand for durable and long-lasting paint,
rising construction activities, and growing awareness about the benefits of
using waterproof coatings. In this article, we will provide an overview of the
acrylic waterproof paint market, including industry trends, growth drivers, and
key players.
Acrylic waterproof paint is a water-based
paint that contains acrylic resin as the main ingredient. This type of paint is
highly resistant to water and moisture, making it an ideal choice for areas
that are exposed to water or dampness, such as bathrooms, kitchens, basements,
and exterior walls. Acrylic waterproof paint forms a tough and durable film
that provides excellent protection against water damage, which can cause the
paint to peel, crack or fade.
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ACRYLIC
WATERPROOF PAINT MARKET TRENDS
The global acrylic waterproof paint market
is witnessing a growing demand due to several factors. One of the primary
drivers of the market is the increasing awareness about sustainable and
eco-friendly paints. Acrylic waterproof paint is considered a sustainable
option as it is water-based and contains low levels of volatile organic
compounds (VOCs), which are harmful to human health and the environment.
Another driver of the acrylic waterproof
paint market is the increasing demand for durable and long-lasting paints.
Acrylic waterproof paint forms a tough and durable film that provides excellent
resistance to water damage, UV rays, and abrasion, making it an ideal choice
for exterior and interior applications. The use of acrylic waterproof paint helps
to reduce the maintenance costs of buildings and extend their lifespan.
The rise in construction activities in
emerging economies is also contributing to the growth of the acrylic waterproof
paint market. The increasing demand for residential and commercial buildings in
countries such as China, India, and Brazil is creating a significant demand for
acrylic waterproof paint as it provides excellent protection against water
damage and weathering.
ACRYLIC
WATERPROOF PAINT MARKET OUTLOOK
The growing consumption of acrylic
waterproof paints reflects that an increasing number of contractors, and other
end users are beginning to become more aware about the benefits of using such a
product. Acrylic waterproof paints are used to weatherproof structures, both
residential and industrial, to prevent structural degradation and to maintain
quality of the construction over long durations. The trend followed in the
consumption of acrylic waterproof paint is contingent on the growth of the key
end use industries like construction and automotive sectors. The surging demand
for better quality infrastructure from the emerging regions arising from the
architectural sector owing to increasing demand for housing is expected to boost
the market. Moreover, demand from the industrial sector would also be a
tailwind for the acrylic waterproof paint market’s growth. These are among the
key factors affecting the growth of the acrylic waterproof paint market.
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ACRYLIC
WATERPROOF PAINT MARKET SEGMENTATION
The global acrylic waterproof paint market is
primarily studied for type, application, end use, and geography.
ACRYLIC
WATERPROOF PAINT MARKET BY TYPE
·
Crystalline
·
Waterproof
ACRYLIC WATERPROOF PAINT MARKET BY
APPLICATION
·
Waterproofing Of Walls
·
Waterproofing Of Roofs
ACRYLIC WATERPROOF PAINT MARKET BY END
USE
·
Architectural
·
Industrial
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KEY PLAYERS
·
3M
·
BASF SE
·
Berger Paints
·
CARPOLY
·
Henkel
·
Keshun Waterproof Technology Co ltd.
·
Mapei
·
Parex Ltd
·
Polycoat Products
·
PPG Industries, Inc
·
RPM International Inc
·
The Sherwin-Williams Company
·
Yenkin Majetic Corporation
RECENT DEVELOPMENTS
AkzoNobel NV: In December 2021, AkzoNobel
announced the launch of a new line of eco-friendly exterior paints, including
acrylic waterproof paint. The company's new product range, called "Dulux
Weathershield Eco," is formulated with recycled paint and contains low
levels of VOCs, making it an attractive option for customers who are looking
for sustainable paint options.
BASF SE: In January 2022, BASF announced the
acquisition of a leading manufacturer of acrylic waterproofing systems, named
Oskar Nolte GmbH. This acquisition is expected to strengthen BASF's position in
the market and expand its portfolio of sustainable and durable coatings.
The Sherwin-Williams Company: In February 2022, The
Sherwin-Williams Company announced the launch of a new line of acrylic
waterproofing coatings, called "Sherwin-Williams Acrymax." The
company's new product line is designed to provide superior protection against
water damage and weathering, making it an ideal choice for a range of
applications.
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