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  • 13 June 2019 21:28

The Asia Pacific Interior Wall Putty Powder Market Dominates Global Market In 2018

Interior Wall Putty Powder Market By Type (Cement-Based Putty And Gypsum-Based Putty), By Application (Residential And Commercial), And Region - Global Forecast To 2023

Global Interior Wall Putty Powder Market: Introduction

Interior wall putty powder is a type of a polymer polishing material composed and functional additives, that is applied prior to paints or primer in order to provide a smooth and uniform finish to the wall surface. The global Interior Wall Putty Powder Market is expected to value at nearly US$ 2.5 Bn in 2019, and is expected to register a CAGR of 6.1%.

Global Interior Wall Putty Powder Market: Dynamics

Ongoing and increasing number of infrastructure development activities in various developed and developing countries is expected to drive growth of the global market over the forecast period.

According to China’s 13th Five-Year Plan for Strategic Emerging Industries Development (2016–2020), the government has undertaken an initiative to assist populations moving from rural areas to urban areas. The government is expected to construct grant urban residency to house 100 million people from rural areas who have moved to cities.

Analysis By Segmentation:

The market report has been segmented on the basis of type, application, and region/country. The type segments include cement-based putty and gypsum-based putty. The application segments includes residential and commercial. The regions include the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

By Type: The cement-based putty segment accounted for highest revenue share contribution in 2018, as compared to gypsum-based putty segment, and is expected to register a CAGR of over 6.1% between 2018 and 2023

By Application: The residential segment accounted for highest revenue share contribution in 2018, as compared to commercial segment, and is expected to register a CAGR of over 6.1% between 2018 and 2023

By Region: The market in Asia Pacific accounted for highest revenue share in the global interior wall putty powder market in 2018, and in expected to register a significant CAGR of over 6.7% between 2018 and 2023.

Global Interior Wall Putty Powder Market: Competitive Analysis

The research report on the global interior wall putty powder market includes profiles of some of the major companies such as UltraTech Cement Limited, Meichao Group Co., Ltd., J.K. Cement Limited, Nippon Paint Holdings Co., Ltd., Walplast Products Private Limited, Platinum Waltech Ltd., Akzo Nobel N.V., Lion Building Solutionm, Mapei SpAm, Asian Paints (International) Limited, SKSHU Paint Co., Ltd, Bauhinia Paints Manufacturing Limited, and Saint-Gobain Weber S.A.

The Global Interior Wall Putty Powder Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2017–2023 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the Global Interior Wall Putty Powder Market for 2018–2023.

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