What is the expected growth rate of the global sealing coatings market?
The global sealing coatings market is projected to grow at a CAGR of 4% from 2023 to 2030, driven by increasing investments in infrastructure and construction.
Who are the major players in the sealing coatings market?
Some of the leading players in the market include BASF, RaynGuard, STAR Inc., Bb fabrication renaulac, Crafco Inc Koster, Grupo Puma, and Draco. These companies offer a variety of sealing coating products and solutions.
What are the major applications of sealing coatings?
Road construction and parking lots are the primary consumers, followed by building construction, house construction, and bridge and tunnel projects. Sealing coatings enhance longevity, protect against chemicals and UV rays, and improve aesthetics.
What are the different types of Sealing Coatings?
Common types include asphalt-based, coal tar-based, and acrylic polymer-based, each with unique properties and applications.