Global Waterproofing Coating total market size was 3754.29 Million USD In 2017
Friday, 16 Nov, 2018
Waterproofing Coatings are mainly classified into the following types: Acrylics, Polyurethane, Others. Polyurethane is the most widely used type which takes up about 65.47% of the total in 2017 in Global.
In 2017, Global Waterproofing Coating total market size was 3754.29 Million USD, with a steady growth in recent years, according to QYR analysis, the market is expected to reach 6552.64 Million USD by the end of 2025, with the CAGR of 7.21%.
Geographically, the consumption market is leading by North America, Europe and China, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. In terms of year 2017, China holds the largest market share, with about 1213.26 Million USD sales revenue, followed by Europe, with about 30.33% market share in 2017. North America will keep playing important role in Global market.
Sherwin-williams and AkzoNobel are the biggest two players in Waterproofing Coating market, with about 30.82% and 17.65% market share separately in 2017. Other leading market players in Waterproofing Coating market include PAREX, BASF, 3M and Oriental Yuhong etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control, etc.
Each of the Waterproofing Coating manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Waterproofing Coating manufacturers keep keen on expanding their Waterproofing Coating sales. To achieve better sales businesses, Waterproofing Coating manufacturers usually invest on their marketing channel infrastructure every year.