Latin America Acrylic Resin Dispersion Based Primers in Construction Market, By Material (Absorbent Substrate, Non-Absorbent Substrate), Application (Before Interior Paints, Before Skim Coats and Renders, Before Thermal Insulation Façade System, Under-Self Levelling Compounds, Under Tile Adhesives, In Dry Wall System On Gypsum Boards), Type (Water Based, Solvent Based), End-Use (New Residential Construction, New Non-Residential Construction, New Civil Engineering, Civil Engineering Renovation, Non-Residential Renovation and Residential Renovation) - Industry Trends and Forecast to 2023 to 2030.
Latin America Acrylic Resin Dispersion Based Primers in Construction Market Analysis and Size
The essential factors contributing to the growth of the market in the forecast period from 2023 to 2020 include ease of application and extensive protection properties. Moreover, acrylic resin dispersion-based primers offer excellent adhesion properties, which is significantly contributing to the market’s growth.
Data Bridge Market Research analyses that the Latin America acrylic resin dispersion based primers in construction market which was USD 110.35 million in 2022, is expected to reach USD 169.37 million by 2030, growing at a CAGR of 5.7% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Latin America Acrylic Resin Dispersion Based Primers in Construction Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Material (Absorbent Substrate, Non-Absorbent Substrate), Application (Before Interior Paints, Before Skim Coats and Renders, Before Thermal Insulation Façade System, Under-Self Levelling Compounds, Under Tile Adhesives, In Dry Wall System On Gypsum Boards), Type (Water Based, Solvent Based), End-Use (New Residential Construction, New Non-Residential Construction, New Civil Engineering, Civil Engineering Renovation, Non-Residential Renovation and Residential Renovation)
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Countries Covered
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U.S., Mexico and Colombia
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Market Players Covered
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PPG Industries, Inc. (U.S.), Axalta (U.S.), Henkel Adhesives Technologies India Private Limited (Germany), The Sherwin-Williams Company (U.S.), Sika Deutschland GmbH (Germany), Nippon Paint Holdings Co., Ltd. (Japan), Akzo Nobel N.V. (Netherlands), Hempel A/S (Denmark), Baumit (Germany), ATLAS Sp. z o.o. (Poland), Rust-Oleum (U.S.), among others
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Market Opportunities
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Market Definition
Acrylic dispersions are surfactant-free acrylic resins used for a wide variety of coating applications. These acrylic resins are often used in coating formulations to impart robust performance benefits, including hardness, chemical resistance and corrosion inhibition.
Latin America Acrylic Resin Dispersion Based Primers in Construction Market Dynamics
Drivers
- Ease of Application
Acrylic resin dispersion-based primers are typically easy to apply, offering good flow and leveling properties. They can be applied by brush, roller, or spray application methods, providing flexibility and convenience for construction professionals
- Extensive Protection and Adhesion Properties
Acrylic resin dispersion-based primers offer excellent adhesion properties, allowing them to bond effectively to a wide range of substrates commonly found in construction, such as concrete, masonry, wood, and metals. This strong bonding capability ensures proper substrate preparation and enhances the overall performance of subsequent coatings or finishes
Opportunities
- Expansion of Infrastructure and Construction Industry
As emerging economies experience economic growth, urbanization, and an expanding middle class, there is an expansion of construction industry. This drives the growth of the acrylic resin dispersion based primers in construction market, as these ingredients are extensively used in various personal care products
- Favorable Environmental Considerations
Acrylic resin dispersion-based primers are often preferred in construction due to their low VOC (Volatile Organic Compound) content. They are considered more environmentally friendly compared to solvent-based primers, aligning with the industry's increasing focus on sustainability and green building practices
Restraints/Challenges
- High Costs and Price Volatility
Acrylic resin dispersion-based primers can be relatively more expensive compared to other types of primers available in the market. This higher cost may limit their adoption, particularly in projects with tight budgets or cost-sensitive applications
- Restrictions Regarding Application in Certain Environmental Conditions
Acrylic resin dispersion-based primers may have limitations when it comes to application under certain environmental conditions. Factors such as temperature, humidity, and substrate moisture content can impact the performance and drying/curing characteristics of these primers, potentially affecting their application and overall effectiveness
This acrylic resin dispersion based primers in construction market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the acrylic resin dispersion based primers in construction market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Recent Development
- In 2021, the Axalta coating systems launched a new Cromac XP product, a solvent-borne base coat. The company expects to improve its portfolio and launch highly efficient products to expand production and revenue-related outcomes
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Latin America Acrylic Resin Dispersion based Primers in Construction Market Scope
The acrylic resin dispersion based primers in construction market is segmented on the basis of material, application, type and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Absorbent Substrate
- Non-Absorbent Substrate
Application
- Before Interior Paints
- Before Skim Coats and Renders
- Before Thermal Insulation Façade System
- Under-Self Levelling Compounds
- Under Tile Adhesives
- In Dry Wall System On Gypsum Boards
Type
- Water Based
- Solvent Based
End-Use
- New Residential Construction
- New Non-Residential Construction
- New Civil Engineering
- Civil Engineering Renovation
- Non-Residential Renovation
- Residential Renovation
Latin America Acrylic Resin Dispersion based Primers in Construction Market Regional Analysis/Insights
The acrylic resin dispersion based primers in construction market is analysed and market size insights and trends are provided by material, application, type and end-use as referenced above.
The countries covered in the Latin America acrylic resin dispersion based primers in construction market report are U.S., Mexico and Colombia.
U.S. dominates the Latin America acrylic resin dispersion based primers in construction market owing to expansion of construction sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Latin America Acrylic Resin Dispersion based Primers in Construction Market Share Analysis
The acrylic Resin dispersion based primers in construction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to acrylic resin dispersion based primers in construction market.
Some of the major players operating in the acrylic resin dispersion based primers in construction market are
- PPG Industries, Inc. (U.S.)
- Axalta (U.S.)
- Henkel Adhesives Technologies India Private Limited (Germany)
- The Sherwin-Williams Company (U.S.)
- Sika Deutschland GmbH (Germany)
- Nippon Paint Holdings Co., Ltd. (Japan)
- Akzo Nobel N.V. (Netherlands)
- Hempel A/S (Denmark)
- Baumit (Germany)
- ATLAS Sp. z o.o. (Poland)
- Rust-Oleum (U.S.)
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