Global Exterior Wall Putty Powder Market Production Is About 7535.3 K MT In 2018,
Wall Putty Powder
is a kind of surface filling material used for pretreatment of construction surface before lacquer construction. The main purpose is to fill in the porosity of the construction surface and to correct the curve deviation of the construction surface to lay a solid foundation for obtaining uniform and smooth paint.
1. Production and Demand Analysis
The Wall putty powder industry has got a stable development in the past five years. In 2018, the total production is about 7535.3 K MT. In the past years, the production of wall putty powder maintained 11.51% compound average growth rate.
Demand from manufacturing is expected to grow steadily, from 2018 to 2025, causing an increase in demand for wall putty powder used in manufacturing.
Considering the development of downstream industry, we estimate that the growth of wall putty market size will continue to grow in the next coming years with an 8.73% compound average growth rate to 2025.
Today, the price of Interior wall putty was going down in the past 5 years. The average price in 2018 is 273 USD/MT.
China, India and other Asia countries are the major consumption regions of wall putty. In the following years, these places will remain to be the major production and consumption regions.