The first class Latin America Primers in Construction Market report has been crafted after a thorough study of various key market segments like market size, latest trends, market threats & key drivers driving the market. This market report recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the market. In addition, it recognizes and analyses the emerging trends along with major driving factors, challenges and opportunities in the market for Chemical and Materials industry. It also performs the analysis of the global market share, segmentation, revenue growth estimation and geographic regions of the market. An influential Latin America Primers in Construction Market report utilizes excellent research methodology which focuses on market share analysis and key trend analysis.
 
Moreover, market analysis in the credible Latin America Primers in Construction Market report consists of competitive study, production information analysis, applications, and region-wise analysis, competitor landscape, consumption and revenue study, cost structure analysis, price evaluation and revenue analysis till 2030. A data triangulation method has been utilized for this purpose which has plentiful components such as data mining, analysis of data variable effect on the market, and primary or industry expert validation. Market analysis covered here suits the requirements of small, medium as well as large size of businesses. Large sample sizes have been exploited for the collection of data and info in the wide ranging Latin America Primers in Construction Market report.
 
Data Bridge Market Research analyzes that the Latin America primers in construction market, which was USD 22.34 million in 2022, would rocket up to USD 39.56 million by 2030, and is expected to undergo a CAGR of 7.4% during the forecast period. “Alkyd” dominates the material segment of the market as alkyd-based primers have high adherence due to which they are used in a wide variety of surfaces and also, they provide glossy surfaces that helps to boost their demand in the forecast year.
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Market Definition:
 
A primer is utilized as a basic layer that is put on top of materials before painting to establish a stronger connection between the surface and the paint. Even if the adherence is better, the prime might also boost the paint's endurance and provide a layer of protection for the area being covered. Primer is used in all construction operations, regardless of the purposes for which a structure is used, as the need for buildings and businesses is fast rising for a variety of reasons across the world.
 
Some of the major players operating in the Latin America primers in construction market are:
 
  • PPG Industries, Inc. (U.S.)
  • The Sherwin-Williams Company (U.S.)
  • Akzo Nobel N.V. (Netherlands)
  • RPM International Inc. (U.S.)
  • Axalta Coating Systems (U.S.)
  • BASF SE (Germany)
  • Jotun (Norway)
  • Kansai Paint Co.,Ltd. (Japan)
  • Henkel AG & Co. KGaA (Germany)
  • Tikkurila (Finland)
  • Hempel A/S (Denmark)
  • Nippon Paint Holdings Co., Ltd. (Japan)
 
Recent Developments
 
  • In August 2022- Stonepeak purchased Lumen Technologies' operations in Latin America from Lumen Technologies for USD 2.7 billion in cash. Stonepeak's Latin American affiliate Cirion conducts business as a stand-alone portfolio company. Stonepeak is a top alternative investment business that focuses on real estate and infrastructure, with roughly USD 49.3 billion in assets under management. Stonepeak wants to have a beneficial effect on the communities while also generating profit for its investors and portfolio firms
  • In July 2022- The CAF-Development Bank of Latin America (CAF) and the United States Trade and Development Agency (USTDA) reaffirmed their partnership to pursue high-quality, long-term infrastructure projects in Latin America and the Caribbean. The USTDA and CAF have come to an agreement on a new collaborative action plan to accelerate sustainable energy, transportation, digital connectivity, climate, water, and environmental infrastructure projects across the region
  • In November 2020, In order to better protect heat-sensitive woods and composites including medium-density fiberboard (MDF), hardwood, and plywood, PPG Industries, Inc. has developed a new powder coating called ENVIROCRON. The introduction of the new items broadens the company's product line and boosts sales
 
Latin America Primers in Construction Market Scope
 
The Latin America primers in construction market is segmented into four notable segments based on material, surface, type, and end-use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Material
  • Alkyd
  • Epoxy
  • Polyurethane
  • Acrylic
  • Others
 
Surface
  • Cement
  • Concrete
  • Plaster
  • Metal
  • Plastic
  • Wood
  • Flooring tiles
  • Others
 
Type
  • Water-based
  • Solvent-based
 
End-Use
  • New residential construction
  • New non-residential construction
  • New civil engineering
  • Civil engineering renovation
  • Non-residential renovation
  • Residential renovation
 
 
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