Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.6 Billion | USD 7.8 Billion | 3.5% | 2024 |
FrequentlyAsked Questions
Cement paint is a type of paint that is made with water and is typically used on concrete and brick surfaces, both indoors and outdoors.
The cement paints sector is being flourished by various components such as the increasing construction and infrastructure development, rising technical advancements, growing product launches, strict environmental laws, sustainability & eco-friendly formulations, and others.
According to the report, the global cement paints market size was worth around USD 5.6 billion in 2024 and is predicted to grow to around USD 7.8 billion by 2034.
The global cement paints market is expected to grow at a CAGR of 3.5% during the forecast period.
The global cement paints industry growth is expected to be driven by the North American region. It is currently the world’s highest revenue-generating market due to the increasing construction and renovation activity.
The global cement paints market is dominated by players like Asian Paints, Jotun, SaintGobain, AkzoNobel, Sika, Hempel, Nippon Paint Holdings, RPM International, BASF, PPG Industries, Kansai Paint, Berger Paints, SherwinWilliams, Benjamin Moore, and DuluxGroup, among others.
The cement paints market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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