![]() ![]() While POP has its own share of benefits, the uptake of wall putty within the construction sector has gained a steady pace in recent years and the trend is set to continue during the forecast period. Stakeholders in the construction market are consistently seeking solutions to provide the most suitable finishing to the structure. The significant growth of the construction sector has directly impacted the expansion of the wall putty market, owing to the advantages of wall putty over plaster of Paris (POP). The construction industry is growing at a rapid pace, particularly in nations such as India, China, Malaysia, Indonesia, and Thailand in Asia Pacific. To gauge the scope of customization in our reports Ask for a Sample Growing Preference for Wall Putty over Plaster of Paris Augment Market Growth These factors, along with continual efforts to improve the quality of wall putty are anticipated to drive the wall putty market, which is expected to reach a value of ~ US$ 4 Bn by the end of 2020. While residential and commercial projects are on the rise in Asia Pacific, non-residential projects across North America are likely to provide lucrative opportunities to the players in the market. ![]() The rise in the global population has resulted in rapid urbanization in developing regions – another factor that is expected to provide an impetus for growth of the wall putty market during the forecast period (2019-2027). The demand for wall putty is expected to scale new heights as the use of sustainable products for a range of interior applications has gained significant momentum in the past few years – a trend that is likely to continue during the forecast period. The significant growth of the construction sector and exponential rise in the number of infrastructure development projects and residential and commercial projects across developed as well as developing regions are some of the leading factors that are expected to boost the demand for wall putty in the near future. The wall putty market is highly fragmented, owing to increasing presence of wall putty manufacturers worldwide. The booming construction sector across the world, particularly in developing nations of the Asia Pacific region, is expected to play a key role in the growth of the wall putty market in the coming years. Over the past couple of decades, the demand for low-value products, including distemper and wall putty has witnessed notable growth. Booming Construction Sector to Drive Wall Putty Market
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