The global demand for Wall Putty Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2027 with a CAGR of XX% during 2020-2026.
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 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 inclusive assessment of each application/product segment in the global market of wall putty.
The entire wall putty market has been sub-categorized into type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
- White Cement-Based
- Residential [Interior and Exterior]
- Commercial [Interior and Exterior]
This section covers regional segmentation which accentuates on current and future demand for wall putty market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Wall Putty Market Share by Region (Representative Graph)
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 - GobainGyproc India Ltd., Platinum Waltech Ltd., Plaster Infratech India, Berger Paints India Limited, Kaya Maya Industries, Sika AG. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.