Polyster Putty Market Expansion Projected to Gain an Uptick During 2021-2028
Posted by sareena shaikh on April 30th, 2021
Polyester putty is a filler material that is similar to clay or flour dough in texture and comprises of high plasticity. The exclusive purpose of polyester putty is to fill cracks and repair the surface to make it aesthetically precise and smooth after sanding process. Polyester putty are generally consumed in residential construction as well as repair & maintenance activities in the form of a sealant or plaster. Some specialized polyester putty materials are also flame retardant as they are broadly consumed in the packaging of electrical boxes as well as fire prevention in flame retardant assemblies. The hydrates present in polyester putty undergo an endothermic reaction to lessen heat transfer to the ambiguous side.
Increasing demand for polyester putty especially from medical and construction industries owing to their extraordinary properties of elasticity and adhesion is projected to propel the overall growth of the market. Polyester putty materials are also utilized in several marine applications and in the restoration of windmill blades. Hence, rising adoption of polyester putty in the maintenance and renovation of ships coupled with heavy investment flow on the usage of sustainable energy sources such as wind energy are some other key aspects estimated to augment demand for polyester putty over the forecast period. The global polyester fillers market is sturdily influenced by the rapid growth of construction industry and increasing investments on construction renovation activities.
Market Classification and Overview
Market segmentation of polyester putty market is into type, application and geography segments. Based on type, the market is classified into standard polyester putty, fine polyester putty, polyester putty for galvanized surfaces, polyester putty for plastics, polyester multifunctional putty and others. By application, the market is classified into automotive, construction, marine, metal and others (medical, electrical, wind etc.). Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa.
Report Coverage
Market Polyester Putty Market
Analysis Period 2015 – 2025
Historic Data 2015 – 2016
Base Year 2017
Forecast Data 2018 – 2025
Market Stratification Type, Application, Geography
Regional Scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis
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Market Participants
Some of the key market vendors of polyester putty market are Heima Chemicals, Tamiya Corporation, The 3M Company, Evercoat, Akzo Nobel, Motip Dupli B.V., JK White Cement Works, Sikkens, HB Fuller and Henkel AG & Co. KGaA among others.
Market Segmentation
Market by Type
• Solid Wires
• Flux Cored Wires
• Saw Wires and Fluxes
Market by Application
• Automotive
• Construction
• Aerospace & Defense
• Shipbuilding
• Others
Market by Geography
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
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