Market Overview:
The global skim coating market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for skim coating in residential and commercial applications. Skim coating is used as a finishing coat over drywall, plaster, or other surfaces to provide a smooth, even finish that can be painted or wallpapered. It also helps in hiding minor surface defects and irregularities on walls and ceilings. North America dominates the global skim coating market due to the presence of major players in this region and increasing demand for skim coating in residential applications.
Product Definition:
Skim coating is the application of a very thin coat of material over a surface. It is often used to cover up irregularities or provide a smooth surface for painting or other finishes. Skim coating is typically done with plaster, but can also be done with other materials such as mud, mortar, or drywall compound.
26%-28% Water Demand:
26%-28% water demand is the amount of water required to produce 1 kg of high-quality, dry base paper. It is used as a raw material in the manufacturing process for producing coated papers and boards. The product has a high demand owing to its superior properties such as smoothness and brightness.
28%-30% Water Demand:
28%-30% water demand is the minimum amount of water required to produce 1 kg of high-quality, dry powder food product. It is also known as the Food Demand or Food Water Equivalency Factor (FWEF) and it represents how much fresh water is required to produce 1 kg of edible food substance.
The 28%-30% FWEF concept was developed by The World Bank in collaboration with FAO.
Application Insights:
The residential application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to increasing demand from low-water areas and eco-friendly buildings, such as single-family houses and multi-story residential structures. In addition, rising awareness regarding energy efficiency is expected to drive the product demand in this segment over the forecast period.
Commercial applications include shopping malls, hospitals, hotels, restaurants and resorts among others. These applications require a coating with high water resistance that helps resist stains caused by food & beverage or other liquids thereby maintaining cleanliness at these facilities for longer periods of time without any need for frequent cleaning or maintenance procedures.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The regional growth can be attributed to increasing construction activities, mainly in China and India. In addition, rising demand for low-emission building products is anticipated to drive product demand over the forecast period.
The commercial sector has witnessed a shift towards sustainable infrastructure development owing to growing investments from foreign players as well as domestic investors focusing on improving business operations through sustainable infrastructure development projects across emerging economies of Asia Pacific region including China, India, Indonesia among others will boost market growth over the next eight years.
Europe accounted for more than 20% of global share in terms of revenue.
Growth Factors:
- Increasing demand from the end-use industries such as automotive, construction, and furniture owing to the properties of skim coating that enhances the surface finish and appearance of products.
- Rising awareness about the benefits of skim coating among consumers due to increasing marketing by manufacturers and distributors.
- Technological advancements in manufacturing processes that have resulted in development of new and improved skim coatings with better performance characteristics.
- Growing popularity of skim coating as a DIY (Do It Yourself) home improvement project among homeowners due to its easy application process and low cost compared to other finishing methods such as painting or wallpapering.
Scope Of The Report
Report Attributes
Report Details
Report Title
Skim Coating Market Research Report
By Type
26%-28% Water Demand, 28%-30% Water Demand
By Application
Residential, Commercial
By Companies
BASF, Estop, Lafarge, Saint Gobain Gyproc, Parex, Laticrete International, Inc., MTP, Campbridge Paints Inc, CTS Cement Manufacturing Corp., Shubham Plasters, BASF, Island Paints, St. Anthony's Coatings Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Skim Coating Market Report Segments:
The global Skim Coating market is segmented on the basis of:
Types
26%-28% Water Demand, 28%-30% Water Demand
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Estop
- Lafarge
- Saint Gobain Gyproc
- Parex
- Laticrete International, Inc.
- MTP
- Campbridge Paints Inc
- CTS Cement Manufacturing Corp.
- Shubham Plasters
- BASF
- Island Paints
- St. Anthony's Coatings Limited
Highlights of The Skim Coating Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 26%-28% Water Demand
- 28%-30% Water Demand
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Skim Coating Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Skim coating is a manufacturing process that coats a surface with a thin film of material. The film can be made from any type of material, but most often it is made from metal or plastic. Skim coating is used to create products such as metal parts, plastic parts, and glass surfaces.
Some of the major players in the skim coating market are BASF, Estop, Lafarge, Saint Gobain Gyproc, Parex, Laticrete International, Inc., MTP, Campbridge Paints Inc, CTS Cement Manufacturing Corp., Shubham Plasters, BASF, Island Paints, St. Anthony's Coatings Limited.
The skim coating market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Skim Coating Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Skim Coating Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Skim Coating Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Skim Coating Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Skim Coating Market Size & Forecast, 2018-2028
4.5.1 Skim Coating Market Size and Y-o-Y Growth
4.5.2 Skim Coating Market Absolute $ Opportunity
Chapter 5 Global Skim Coating Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Skim Coating Market Size Forecast by Type
5.2.1 26%-28% Water Demand
5.2.2 28%-30% Water Demand
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Skim Coating Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Skim Coating Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Skim Coating Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Skim Coating Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Skim Coating Analysis and Forecast
9.1 Introduction
9.2 North America Skim Coating Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Skim Coating Market Size Forecast by Type
9.6.1 26%-28% Water Demand
9.6.2 28%-30% Water Demand
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Skim Coating Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Skim Coating Analysis and Forecast
10.1 Introduction
10.2 Europe Skim Coating Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Skim Coating Market Size Forecast by Type
10.6.1 26%-28% Water Demand
10.6.2 28%-30% Water Demand
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Skim Coating Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Skim Coating Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Skim Coating Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Skim Coating Market Size Forecast by Type
11.6.1 26%-28% Water Demand
11.6.2 28%-30% Water Demand
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Skim Coating Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Skim Coating Analysis and Forecast
12.1 Introduction
12.2 Latin America Skim Coating Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Skim Coating Market Size Forecast by Type
12.6.1 26%-28% Water Demand
12.6.2 28%-30% Water Demand
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Skim Coating Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Skim Coating Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Skim Coating Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Skim Coating Market Size Forecast by Type
13.6.1 26%-28% Water Demand
13.6.2 28%-30% Water Demand
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Skim Coating Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Skim Coating Market: Competitive Dashboard
14.2 Global Skim Coating Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Estop
14.3.3 Lafarge
14.3.4 Saint Gobain Gyproc
14.3.5 Parex
14.3.6 Laticrete International, Inc.
14.3.7 MTP
14.3.8 Campbridge Paints Inc
14.3.9 CTS Cement Manufacturing Corp.
14.3.10 Shubham Plasters
14.3.11 BASF
14.3.12 Island Paints
14.3.13 St. Anthony's Coatings Limited
