From 2017 to 2022, the polymer modified cement-based coatings will grow at a compound annual growth rate of 6.2%. It is predicted that market for polymer modified cement based coatings will be $1.23 billion in 2017 and will be up to $1.66 billion in 2022. Mainly due to the fact that residential building’s demand for polymer modified cement-based coating is growing, the development of the paint market is promoted.

Polymer modified cement-based coatings can be classified according to the type of polymer, in which acrylic polymer cement-based coatings dominate the market.

In 2016, the market share of polymer modified cement-based coatings in Asia-Pacific region plays a leading role. The market for polymer-modified cement-based coatings will grow at a high rate within predicted period. The main factors are the growth of industrial buildings, residential buildings and public facilities in China, India, Korea and other countries, which leads to the growing demand for polymer-modified cement-based coatings.

The expiration date of polymer modified cement-based coatings is 3–5 years, and the limited expiration date inhibits the rapid development of the polymer modified cement-based coatings market. At the same time, the price of raw material for polymer modified cement-based coatings is also a challenge for market development.