Polymer Modified Cementitious Coatings (PMCC) is a type of coating that is widely used in construction and building applications. It is a blend of cement, polymers, and other additives that provide enhanced properties such as durability, flexibility, water resistance, and chemical resistance. PMCC is used for a variety of applications such as waterproofing, corrosion protection, and protection against chemicals.

The PMCC industry has seen significant growth in recent years due to the increasing demand for durable and high-performance coatings in the construction and building sector. The growth of the industry can be attributed to the increasing use of PMCC in various applications such as bridges, tunnels, parking garages, swimming pools, and industrial floors.

The scope of the PMCC industry is vast and includes various applications in the construction and building sector. The use of PMCC has increased due to its properties, such as excellent adhesion, high abrasion resistance, and good flexibility. The coatings are also eco-friendly, making them a popular choice in the construction industry. PMCC can be used in a variety of environments, including marine, industrial, and commercial applications. The PMCC industry is expected to witness continued growth in the coming years due to the increasing demand for durable and high-performance coatings in the construction and building sector.

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Polymer Modified Cementitious Coatings Market Key Players

Major companies such as Arkema S.A. (France), Sika AG (Switzerland), Akzo Nobel N.V. (Netherlands), MAPEI S.p.A. (Italy), Compagnie de Saint-Gobain S.A. (France), and Fosroc International Limited (UAE) , Dow, Inc. (US) and H.B. Fuller Company (US) The Lubrizol Corporation (US), Organik Kimya Sanayi Ve Ticaret A.S. (Turkey), Pidilite Industries Limited (India), GCP Applied Technologies Inc. (US), Berger Paints India Limited (India), W. R. Meadows, Inc. (US), Evercrete Corporation (US), Indulor Chemie GmbH (Germany), The Euclid Chemical Company (US)  and others are key players in the polymer modified cementitious coatingsmarket.

Arkema S.A. (France) is one of the leading producers of specialty chemicals and advanced materials in the world. The company offers its products to various industries, such as construction, packaging, chemical, automotive, electronics, food, and pharmaceuticals.

Akzo Nobel N.V. (Netherland) is a leading producer of paints & coatings and specialty chemicals. The company operates through two segments, namely, Performance Coatings and Decorative Paints. It offers cementitious coating products under its Performance Coatings segment which produces automotive and aerospace; industrial; marine and protective; and powder coatings.

Compagnie de Saint-Gobain S.A. is one of the major players in the construction chemical industry with a strong foothold in Europe and North America.

"Flexible segment is projected to grow at the highest CAGR of the polymer modified cementitious coatings market"

The flexible segment is estimated to lead the polymer modified cementitious coatings market in 2020. The growth can be attributed to superior waterproofing performance, excellent durability compared to non-flexible coatings, Flexible cementitious coating material has denser structure, better waterproofing performance, and excellent durability compared to non-flexible or rigid cementitious coatings.  Flexible cementitious coatings are applied to objects which are subject to shrinkage, vibration, movement, stress, and crack formation and to substrates which are difficult to stick to, such as wood, steel, aerated lightweight blocks, and gypsum.

Two-component segment is projected to lead the polymer modified cementitious coatings market

Increasing demand for higher durability and flexibility is expected to drive the market for two-component polymer modified cementitious coatings. The two-component coating material possesses high flexibility, abrasion resistance, impact resistance, and water resistance properties. the increasing disposable incomes of the populations of emerging countries are leading to the high demand for superior quality products, which is expected to drive the market during the forecast period.

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Acrylic polymers segment accounts for the largest share of the polymer modified cementitious coatings market

The acrylic polymers segment is estimated to lead the polymer modified cementitious coatings market in 2020, due to the rising demand due to increasing use of acrylic-based polymer modified cementitious coatings in residential buildings applications.  Further, acrylic-based polymer modified cementitious coatings are low in alkali content, fast-setting, and high strength properties. These are also used for patching small cracks, holes, honeycombs, and surface defects over half-inch in depth. They are used in waterproofing floors, columns, beams, slabs, loading docks, and precast walls. They are also used for the protection of concrete structures from vapor, chloride ions, acidic gas, and alkali attacks.

Asia Pacific is expected to witness the fastest growth in the polymer modified cementitious coatings market during the forecast period

The polymer modified cementitious coatings market in the Asia Pacific region is projected to grow at the highest CAGR between 2020 and 2025. China, India, and Japan together accounted for the major share of the Asia Pacific polymer modified cementitious coatings market in 2019. The Asia Pacific region is an emerging and lucrative market for polymer modified cementitious coatings, owing to industrial development and improving economic conditions. This region constitutes approximately 60% of the world's population, and thus leads to the wide-scale use of polymer modified cementitious coatings for waterproofing applications in residential and non-residential buildings, and public infrastructure. Outbreak of COVID-19 from China and the impact of coronavirus in Japan, South Korea, Autralia, and India has caused a decrease in the consumption of polymer modified cementitious coatings market.