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
ACRYLIC WATERPROOF PAINT MARKET BY APPLICATION
• Waterproofing Of Walls
• Waterproofing Of Roofs
ACRYLIC WATERPROOF PAINT MARKET BY END USE
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• BASF SE
• Berger Paints
• Keshun Waterproof Technology Co ltd.
• Parex Ltd
• Polycoat Products
• PPG Industries, Inc
• RPM International Inc
• The Sherwin-Williams Company
• Yenkin Majetic Corporation
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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