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Global Wall Putty Market Size By Type, By End-user,By Pack Size, By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Wall Putty Market Size By Type, By End-user,By Pack Size, By Geographic Scope And Forecast

Wall Putty Market Size And Forecast

Wall Putty Market was valued at USD 4.57 Billion in 2024 and is projected to reach USD 7.47 Billion by 2031, growing at a CAGR of 7.00% from 2024 to 2031.

With the rising number of infrastructure and residential as well as commercial projects, the demand for Wall Putty is increasing. Significant growth in the construction sector is driving the demand for Wall Putty and catapulting the market in a positive direction. The Global Wall Putty Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Wall Putty Market Definition

Wall Putty is a white cement-based powder that is mixed into a smooth mixture before being applied to the wall. Wall Putty fills in cracks and flaws in the wall’s surface. When properly applied to the exterior and interior walls of a home, Wall Putty can create a smooth, undulation-free surface for a beautiful paint finish by adhering well to the base concrete or plaster. Wall Putty protects walls against deterioration by making them water and abrasion-resistant. It has high tensile strength and adhesion.

Putty is essentially a cementitious substance whose primary purpose is to level the surface and prepare it for subsequent coats of paint. Putty can also be used to fill minor cracks and pores in the wall, as well as to smooth out any undulations. The average lifespan of wall putty is about ten years. However, the lifetime of the wall putty is reduced as a result of the paint that is applied over it. After 5–6 years, the walls must be repainted, making the application of wall putty a necessary step in the repainting process. JK Protomax Waterproof wall putty is a water-repellent wall putty powder that is specifically formulated and designed to prevent water from passing through concrete pores and capillaries. It protects concrete from rain, moisture, dampness, and humidity, among other things.

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Global Wall Putty Market Overview

Both concrete and plastered surfaces hold up well to wall putty. As a result, it can create a smooth undulation-free surface for paint finish when applied to the exterior or interior walls of a home. Excellent adhesion strength, workability, vapor permeability control, and abrasion resistance are all features of wall putty. It also prevents algae and fungi from growing on the wall. In addition, wall putty has a great finish and paint effect. Wall putty demand is expected to rise globally as a result of home improvement activities and a shorter repainting cycle. Because wall putty is primarily used in painting applications, the rise in renovation and reconstruction activities around the world is expected to propel the market for wall putty. In order to achieve smooth and uniform interiors for repainting walls, wall putty is increasingly being used to correct curve deviation of interior wall surfaces.

Wall putty market players have the opportunity to develop new and innovative products in order to gain a large share of the market. An increase in demand for specialized products is expected to arise as a result of changing lifestyles, urbanization, rising income levels, and a growing preference for decorative houses and commercial spaces, all of which are expected to create lucrative opportunities for specialized product modification and development.During the forecast period, demand for wall putty is expected to be driven by increased demand for paints and incentives offered to paint suppliers by wall putty manufacturers for the sale of wall putty with paints

Global Wall Putty MarketSegmentation Analysis

The Global Wall Putty Market is Segmented on the basis of Type, End-user, Pack Size And Geography.

 

Wall Putty Market, By Type

• White Cement-based• Acrylic-based• Gypsum-based• Others

Based on Type, the market is segmented into White Cement-based, Acrylic-based, Gypsum-based, and Others.

Wall Putty Market, By End-user

• Residential Building• Commercial Building

Based on End-user, the market is segmented into Residential Building, Commercial Building.

Wall Putty Market, By Pack Size

• Up to 5Kg• 20Kg• 30Kg• 40Kg & Above

Based on Pack Size, the market is segmented into Up to 5Kg, 20Kg, 30Kg, 40Kg & Above.

Wall Putty Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Wall Putty Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players in Wall Putty Market

The “Global Wall Putty Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as JKG Wall putty, Platinum Waltech, V V Paints Wall Putty, Bird White Synthetic Cement Based Wall Putty, Nuvoco Vistas Corp Ltd., Unicrete Building Solutions (India) Private Limited, Walplast Products Pvt. Ltd., Birla White Wall Putty, HIL Limited, Visalam Paints (MDU) Pvt. Ltd.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

JKG Wall putty, Platinum Waltech, V V Paints Wall Putty, Bird White Synthetic Cement Based Wall Putty, Nuvoco Vistas Corp Ltd., Unicrete Building Solutions (India) Private Limited, Walplast Products Pvt. Ltd., Birla White Wall Putty, HIL Limited, Visalam Paints (MDU) Pvt. Ltd.

SEGMENTS COVERED
  • By Type
  • By Pack Size
  • By End-user
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study,

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )