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Classified in: Covid-19 virus
Subject: MRR

Liquid Sand Paper Market Size to Grow by USD 619.1 Million, Increasing Number of Infrastructure Projects to Boost Market Growth - Technavio


NEW YORK, Sept. 26, 2022 /PRNewswire/ -- The "Liquid Sand Paper Market by Application (Home, Office, and Industry) and Geography (North America, APAC, Europe, South America, and MEA) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the liquid sand paper market size between 2021 and 2026 is USD 619.1 million. To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Market Segmentation

By application, the home segment will be the largest contributor to market growth during the forecast period. Liquid sand paper is a painting tool that is used to refinish surfaces. It is used when surfaces must be trued or corrected to obtain a decorative finish. Liquid sand paper is also used to prepare difficult-to-reach areas and small surfaces. It is used for shaving dry paint runs off newly painted surfaces, scraping excess paint and wood off doors and window openings, and reshaping details in existing wood trims. Liquid sand paper transforms blistered coatings and damaged surfaces when used appropriately.

The construction sector is shifting its focus on new areas of development, such as the refurbishment of homes, owing to the increasing need for space to build. Liquid sandpaper is used to prepare and refinish the surface during refurbishment projects. Hence, the increasing demand for refurbishment will drive the growth of the liquid sand paper in the home segment during the forecast period.

View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report.

Key Market Driver

The increasing number of infrastructure projects is driving the growth of the market. The number of infrastructure projects is rising across the world owing to population growth and regulatory support from various government authorities. In developing countries such as the UAE, Saudi Arabia, India, and China, the construction of commercial and residential buildings is increasing. in addition, some countries are increasing their construction spending. The rise in the number of residential and non-residential construction projects across the world is leading to an increase in the demand for paints. Moreover, the demand for artistic, corrosion-resistant, and colorful wall textures is increasing, which will drive the growth of the paint industry. The increasing need to enhance the exteriors of commercial buildings for aesthetic purposes will also fuel the demand for paints. Thus, the rising demand for painting tools and accessories will increase the demand for liquid sandpaper.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Some Companies Mentioned

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Related Reports

Anti-graffiti Coatings Market by End-user and Geography - Forecast and Analysis 2022-2026: The anti-graffiti coatings market share is expected to increase by USD 20.02 million from 2021 to 2026.

Paint Protection Film Market by End-user and Geography - Forecast and Analysis 2022-2026: The paint protection film market is projected to grow by USD 103.46 million from 2021 to 2026.

Liquid Sand Paper Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.89%

Market growth 2022-2026

USD 619.1 million

Market structure

Fragmented

YoY growth (%)

5.39

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 33%

Key consumer countries

US, Canada, China, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABSOLUTE RESURFACING PTY Ltd, Akzo Nobel NV, Allied Piano and Finish LLC, Ballistic Bowling, Formax Manufacturing, Heinrich Konig GmbH and Co. KG, Konig UK, KWH Group Ltd, Neo Tac Inc, RPM International Inc., Sevens Paint and Wallpaper Co, Swing Paints Ltd, The Savogran Co., Univar Solutions Inc., W.M. BARR Co Inc, and Wilson Imperial Co

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Materials Market Reports

Key Topics Covered

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com
Website: www.technavio.com/

SOURCE Technavio


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