WILMINGTON, DE / ACCESSWIRE / January 23, 2023 / Transparency Market Research Inc. – The massive demand for white cement-based primers in residential and non-residential construction has driven the commercialization of products Wall putty market. Wall filler market companies are tapping into the huge demand for products in new home construction and renovation projects in the construction industry, particularly in emerging markets. The market value of Wall Putty has been fixed at US$4 billion in 2020 and is projected to increase at a CAGR of 7% during the forecast period 2019-2027.
According to the study on the market for wall putty, the demand for wall putty has gained momentum due to advances in the construction industry. The increasing number of infrastructure development projects in industrialized and developing regions is driving the growth of the wall filler market. Furthermore, players utilize cutting-edge proprietary technologies to create innovative products with advanced functionalities, as revealed by an in-depth analysis of the Wall Putty market. The trend, according to the study, will help boost demand for products for hot climate conditions.
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Key Findings of the Wall Putty Market Study
- The preference of wall filler over plaster of paris (POP) in residential buildings generates significant revenues: Over the years, the use of wall putty on plaster (POP) has increased for a range of mural painting applications for all types of construction. It is worth noting that the demand in residential construction was plentiful and higher than other application segments, and the segment occupied a large market share in 2020.
- Abundant demand in commercial construction applications: The increasing demand for wall fillers for commercial buildings has given impetus to the market growth. Stakeholders use e-commerce platforms to sell their…
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