Putty Powder Market, Global Outlook and Forecast 2024-2030
The global Putty Powder market size was valued at US$ 3.12 billion in 2024 and is projected to reach US$ 4.45 billion by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.
The United States Putty Powder market size was valued at US$ 789.4 million in 2024 and is projected to reach US$ 1.08 billion by 2030, at a CAGR of 5.4% during the forecast period 2024-2030.
Putty Powder is a construction material used for surface preparation and finishing, available in dry powder form for mixing with water before application.
The global market is growing steadily, driven by construction activity and renovation projects. In 2023, production volume reached 12 million metric tons globally, with residential construction accounting for 65% of demand. The market saw a 20% increase in ready-mix putty adoption in 2023. White cement-based putty dominates with a 70% market share, while polymer-modified variants are growing at 9% annually. Asia Pacific leads with a 50% market share and is the fastest-growing region at 7.2% CAGR. The industry is focusing on developing eco-friendly formulations, with a 25% growth in R&D investments for sustainable products.
Report Overview
This report provides a deep insight into the global Putty Powder market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Putty Powder Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Putty Powder market in any manner.
Global Putty Powder Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Acro Paints India Limited
Asian Paints
Bauhinia
Birla White
British Paints
Dulux
Duobang
Golchha Pigments
J.K. Cement Ltd
Langood
Lions
Mapei
Meichao
Meihui
Nippon Paint
Platinum Plaster Ltd
SIKA
SKShu
SSM
Sujatha Paints
Surfa Coats
Timbermate Products
Truefit Skim Coat Products
Walplast
Weber-Saint Gobain
Market Segmentation (by Type)
Interior Wall Putty Powder
Exterior Wall Putty Powder
Market Segmentation (by Application)
Residential
Commercial
Geographic Segmentation
