Latin America Primers in Construction Market is forecast to grow at 7.6% with factors such as its cheap cost and widespread application of primers in various regions.
Primers in construction market has shown an exceptional penetration in countries such as U.S. due to strong distribution network including multi-brand stores and online retailers is creating opportunity for the Latin America primers in construction market.
Primers in Construction Market Scenario
According to Data Bridge Market Research, the market for primers in construction in the U.S. has the highest market share. Market leader is PPG Industries, Inc., which accounts an estimated market share of approximately 10% to 14% in the primers in construction market. The company has gained outstanding sale through their industrial product which is protection solutions.
- In February 2021, Axalta Coating Systems, LLC launched a new product named Cromax XP, a solvent-borne base coat used in surface painting. The company expects to improve its portfolio and revenue in the market with this product launch.
- In November 2020, PPG Industries, Inc. launched a new marine coating system named AAQUACOVER. The product was specifically manufactured in the company’s Asia-Pacific research and development (R&D) and launched exclusively for China. The new product is a water-based and environmentally friendly product that would help to achieve substantial growth in the Chinese marine protection coatings market.
Trends Impacting the Market
Now the question is which other countries PPG Industries, Inc., Axalta Coating Systems, LLC and The Sherwin-Williams Company are targeting? Data Bridge Market Research has forecasted a large growth in the U.S. primers in construction market and the market leaders are targeting Colombia and Mexico to be their next revenue pocket for 2021.
The primers in construction market is becoming more competitive every year with companies such as PPG Industries, Inc., Axalta Coating Systems, LLC and The Sherwin-Williams Company as they are the market leaders for primers in construction. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the primers in construction market.
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Primers in Construction Market Development
- In January 2021, Axalta Coating Systems, LLC launched two new products named Imron Elite ColorPLUS and Imron Elite Direct-to-Plastic basecoat. These products find widespread applications in surface painting and company expects to improve its product line related to automobile coating solution with the launch of these two new products.
Scope of the Primers in Construction Market
Global primers in construction market are segmented on the basis of countries into the U.S., Colombia and Mexico.
- All country based analysis of primers in construction market is further analyzed based on further segmentation. On the basis of material, Latin America primers in construction market are segmented into alkyd, epoxy, polyurethane, acrylic and others. On the basis of surface, Latin America primers in construction market are segmented into cement, concrete, plaster, metal, plastic, wood, flooring tiles and others. On the basis of type, the Latin America primers in construction market are segmented into water based and solvent based. On the basis of end-use, the Latin America primers in construction market are segmented into new residential construction, new non-residential construction, new civil engineering, civil engineering renovation, non-residential renovation and residential renovation.
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Key Pointers Covered in Primers in Construction Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- PPG Industries, Inc.
- The Sherwin-Williams Company
- AKZO NOBEL N.V
- RPM International Inc.
- Axalta Coating Systems, LLC
- BASF SE
- Jotun
- Kansai Paint Co., Ltd.
- Henkel AG & Co. KGaA
- Tikkurila
- Hempel A/S
- Nippon Paint Holdings Co., Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of primers in construction companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=latin-america-primers-in-construction-market
Research Methodology: Global Primers in Construction Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Construction Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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