Polymer Modified Cementitious Coatings Sales

Polymer Modified Cementitious Coatings Sales Market Outlook

The global market for Polymer Modified Cementitious Coatings is poised to experience significant growth, reaching an estimated value of USD 12.5 billion by 2035, with a compound annual growth rate (CAGR) of 6.3% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for high-performance construction materials that offer enhanced durability, flexibility, and resistance to weathering. As urbanization continues to drive construction activities across the globe, the need for reliable and efficient coating solutions has become paramount. Additionally, the rise in infrastructure development projects, particularly in emerging economies, is further boosting the market potential for polymer modified cementitious coatings. These trends underscore the growing recognition of these innovative materials in providing cost-effective and sustainable solutions for various construction applications.

Growth Factor of the Market

The polymer modified cementitious coatings market is experiencing growth due to various factors, including an increase in construction activities fueled by urbanization and the need for infrastructure development. These coatings provide exceptional adhesion and durability, making them ideal for diverse applications such as residential, commercial, and industrial buildings. Furthermore, the growing focus on sustainable building practices is leading to a surge in demand for eco-friendly and energy-efficient coating solutions, thereby driving market growth. Additionally, the advancements in polymer technology have facilitated the development of coatings with improved performance characteristics, including enhanced water resistance and crack bridging capabilities. The increase in government initiatives and regulations promoting safe and durable construction materials is also contributing significantly to the market expansion. With these factors in play, the polymer modified cementitious coatings market is well-positioned for sustained growth in the coming years.

Key Highlights of the Market

• The market is projected to grow at a CAGR of 6.3% from 2025 to 2035.
• North America dominates the market due to high construction spending and infrastructure projects.
• Residential buildings represent a major share of the application segment, showcasing a rising trend.
• Advancements in polymer technology are enhancing the performance characteristics of coatings.
• There is an increasing focus on eco-friendly and sustainable construction materials globally.

By Product Type

Acrylic Polymer Modified Cementitious Coatings:

Acrylic polymer modified cementitious coatings are known for their excellent adhesion, flexibility, and UV resistance, making them highly suitable for outdoor applications. These coatings are often used in both residential and commercial buildings, where aesthetic appeal is essential. Their ability to maintain color and finish under harsh weather conditions is a significant factor driving their demand. Additionally, acrylic coatings offer water resistance and easy application features, contributing to their popularity among contractors and builders. The versatility of these coatings allows them to be utilized in various formulations and color choices, enhancing their appeal in the market.

SBR Polymer Modified Cementitious Coatings:

Styrene-butadiene rubber (SBR) polymer modified cementitious coatings are recognized for their superior mechanical strength and bonding capabilities. These coatings are particularly effective in applications that require enhanced water resistance and durability, making them ideal for both structural and non-structural applications. SBR coatings are often employed in waterproofing systems, especially in basements and swimming pools, where moisture resistance is critical. Their ability to withstand temperature fluctuations and resist cracking further solidifies their position in the market. As construction practices evolve, the demand for SBR polymer coatings continues to grow, driven by their reliability and performance in demanding environments.

Flexible Polymer Modified Cementitious Coatings:

Flexible polymer modified cementitious coatings are engineered to provide exceptional flexibility, making them ideal for surfaces that experience movement or vibration. These coatings are particularly valuable in regions with extreme temperature variations or in structures where thermal expansion is a concern. The ability of flexible coatings to bridge cracks and accommodate movement without compromising integrity is a significant advantage. They are often used in roofing, flooring, and façade applications, where flexibility and durability are paramount. The growth in infrastructure and construction of innovative building designs is propelling the demand for flexible polymer modified coatings to new heights.

Elastomeric Polymer Modified Cementitious Coatings:

Elastomeric polymer modified cementitious coatings are characterized by their high elasticity and capability to stretch without losing adhesion. These coatings are specifically designed for waterproofing and protecting surfaces against moisture intrusion. Their seamless application reduces the potential for leaks, making them highly suitable for roofing and façade applications. Elastomeric coatings are particularly advantageous in areas prone to heavy rainfall or extreme weather conditions, as they effectively create a protective barrier against water penetration. The increasing adoption of elastomeric coatings in both residential and commercial sectors is indicative of their growing relevance in the polymer modified cementitious coatings market.

Hybrid Polymer Modified Cementitious Coatings:

Hybrid polymer modified cementitious coatings combine the properties of different polymers to achieve a balanced performance profile. These coatings are designed to address specific application needs, offering a blend of flexibility, durability, and adhesion that appeals to a wide range of users. The adaptability of hybrid coatings makes them suitable for various environments, particularly in construction projects that require tailored solutions. The versatility of hybrid formulations, along with their ability to perform effectively under diverse conditions, is driving their acceptance and growth in the market. The increasing complexity of modern architecture and construction demands is expected to further enhance the demand for hybrid polymer modified cementitious coatings.

By Application

Residential Buildings:

In the residential building segment, polymer modified cementitious coatings play a pivotal role in enhancing the durability and aesthetics of homes. These coatings are applied to various surfaces, providing waterproofing, crack resistance, and an attractive finish. As more homeowners seek to improve the longevity and appearance of their properties, the demand for high-quality coatings continues to rise. The trend towards sustainable and energy-efficient homes is also driving the use of polymer modified coatings, as they can contribute to better insulation and energy savings. This segment is expected to witness substantial growth, bolstered by ongoing residential construction activities and renovations.

Commercial Buildings:

Commercial buildings require robust and durable coatings that can withstand high foot traffic and environmental challenges. Polymer modified cementitious coatings are increasingly being employed in shopping malls, office buildings, and other commercial spaces due to their excellent performance characteristics. These coatings not only enhance the aesthetic appeal of commercial properties but also provide essential protective features, such as water resistance and ease of maintenance. The growing emphasis on creating sustainable and energy-efficient commercial spaces is further driving the demand for innovative coating solutions, positioning this segment for significant growth in the foreseeable future.

Industrial Buildings:

In industrial settings, polymer modified cementitious coatings are essential for protecting surfaces subjected to harsh conditions, including chemical exposure, temperature fluctuations, and heavy machinery operations. These coatings provide a protective layer that extends the life of structures, reduces maintenance costs, and enhances safety. The increasing focus on workplace safety and compliance with environmental regulations is pushing industries to adopt advanced coating solutions. As manufacturing and industrial sectors continue to evolve, the demand for reliable and durable coating systems is expected to grow, reinforcing the importance of polymer modified coatings in industrial applications.

Infrastructure:

Infrastructure projects, such as bridges, roads, and tunnels, require coatings that can withstand significant environmental and structural stresses. Polymer modified cementitious coatings are uniquely suited for these applications, providing exceptional durability and protection against water, chemicals, and abrasion. The rise in government investments in infrastructure development worldwide is driving demand for advanced coating systems. Additionally, the focus on extending the lifespan of existing infrastructure reinforces the need for high-performance coatings that can offer enhanced protection and reduce maintenance needs. This segment is anticipated to experience robust growth, supported by ongoing infrastructure initiatives globally.

Others:

The 'Others' category encompasses a variety of specialized applications where polymer modified cementitious coatings are utilized. These may include applications in marine environments, sports facilities, and specialized industrial settings. The versatility of these coatings allows them to meet unique requirements across different sectors, contributing to their growing acceptance. As technology advances and new formulations are developed, it is expected that additional niche applications will emerge, further expanding the market for polymer modified cementitious coatings. The ability of these coatings to adapt to diverse needs is a key factor supporting their market presence in less conventional applications.

By Distribution Channel

Direct Sales:

Direct sales play a crucial role in the distribution of polymer modified cementitious coatings, allowing manufacturers to establish a direct relationship with customers. This channel enables companies to provide personalized service, technical support, and product education directly to contractors, builders, and end-users. Direct sales also facilitate quicker response times and customized solutions tailored to specific project requirements. As the market for polymer modified coatings continues to expand, many manufacturers are focusing on enhancing their direct sales capabilities to improve customer engagement and satisfaction. This growing trend of direct sales is expected to positively influence market dynamics.

Distributor Sales:

Distributor sales are an integral part of the polymer modified cementitious coatings market, providing manufacturers with wide-reaching access to various customer segments. Distributors often have established relationships with contractors, builders, and construction firms, facilitating the efficient distribution of coatings to end-users. This channel allows manufacturers to leverage the distribution network to increase market penetration and brand visibility. With the growth of the construction industry and the rising demand for polymer modified coatings, distributor sales are expected to remain a significant component of the market landscape. The ability of distributors to offer a diverse product range and industry expertise adds value to this distribution channel.

By Ingredient Type

Polymer Additives:

Polymer additives are a key component of polymer modified cementitious coatings, enhancing their performance characteristics such as adhesion, flexibility, and water resistance. These additives play a crucial role in improving the overall durability and longevity of coatings, making them suitable for various applications across residential, commercial, and industrial buildings. The growing demand for coatings with superior mechanical strength and weather resistance is driving the market for polymer additives. As manufacturers continue to innovate and develop new formulations, the role of polymer additives in enhancing the performance of cementitious coatings is expected to remain significant.

Cement:

Cement serves as the primary binder in polymer modified cementitious coatings, providing the essential structural integrity required for these products. The quality and type of cement used directly influence the performance and durability of the coatings. As the construction industry evolves, there is a growing emphasis on using high-quality cement that complies with stringent performance standards. The increasing adoption of advanced cement types, such as blended and specialty cements, is expected to impact the market positively. As demand for durable and long-lasting coatings continues to rise, the importance of cement as an ingredient in polymer modified coatings is paramount, ensuring optimal performance in various applications.

Aggregates:

Aggregates are essential components in polymer modified cementitious coatings, contributing to the texture, strength, and overall performance of the final product. The selection of appropriate aggregates can enhance the coatings’ mechanical properties, including compressive strength and resistance to wear. As the market moves towards offering customized solutions, the choice of aggregates is becoming increasingly important, allowing manufacturers to tailor coatings for specific applications. The trend towards using recycled aggregates and sustainable materials further highlights the evolving nature of the coatings market. With a growing demand for environmentally friendly construction practices, the role of aggregates in polymer modified coatings is expected to gain prominence.

Admixtures:

Admixtures are integral to the formulation of polymer modified cementitious coatings, allowing manufacturers to impart specific properties such as improved workability, setting times, and durability. These chemical additives enhance the performance and application characteristics of the coatings, making them more versatile for various construction needs. The increasing focus on high-performance coatings is driving the demand for innovative admixtures that can improve the coatings' resilience and longevity. As industry standards evolve and performance expectations rise, the role of admixtures in the formulation of polymer modified coatings will continue to be a focal point for manufacturers looking to create superior products.

Others:

The 'Others' category includes various additional ingredients that may be utilized in the formulation of polymer modified cementitious coatings. These could encompass fillers, pigments, and other specialty materials designed to enhance specific properties or functionalities of the coatings. The incorporation of these additional ingredients allows for greater customization and improved performance, catering to a diverse range of applications. As manufacturers explore innovative formulations to meet evolving market demands, the significance of these supplementary ingredients will likely increase, contributing to the overall market growth of polymer modified cementitious coatings.

By Region

Regionally, the polymer modified cementitious coatings market is anticipated to witness varied growth patterns. North America and Europe currently represent significant shares of the market, driven by robust construction activities and an increasing focus on infrastructure development. North America, in particular, is expected to maintain a steady growth trajectory with a CAGR of approximately 5.8% from 2025 to 2035, supported by ongoing investments in residential and commercial construction. The growing trend towards sustainable building practices in these regions is also contributing to the increasing adoption of polymer modified coatings, as builders seek to enhance durability and energy efficiency.

In contrast, the Asia Pacific region is predicted to emerge as a rapidly growing market for polymer modified cementitious coatings, driven by urbanization, population growth, and infrastructure expansion in countries like China and India. The region is projected to experience a CAGR of over 7.5% during the forecast period, reflecting the high demand for innovative construction materials. As governments in Asia Pacific invest in large-scale infrastructure projects and urban development initiatives, the demand for advanced coating solutions, including polymer modified cementitious coatings, is anticipated to surge. The increasing emphasis on building safety, longevity, and sustainability is expected to shape the regional landscape favorably.

Opportunities

The polymer modified cementitious coatings market is ripe with opportunities, particularly as the construction industry continues to evolve toward sustainable practices. The increasing demand for eco-friendly materials presents a significant opportunity for manufacturers to innovate and create coatings that align with green building standards. As more construction projects seek to achieve certifications like LEED (Leadership in Energy and Environmental Design), the need for sustainable and high-performance coatings will grow. Manufacturers who prioritize the development of environmentally friendly products can capitalize on this trend, tapping into a lucrative market segment that values sustainability and performance equally. Furthermore, as urbanization intensifies, especially in emerging economies, there is a growing need for reliable and long-lasting construction materials, providing a broader market for polymer modified coatings.

In addition to the sustainable market shift, technological advancements are creating substantial opportunities within the sector. Innovations in polymer chemistry are leading to the development of coatings with enhanced functionalities, such as self-healing properties, improved adhesion, and superior weather resistance. By investing in research and development, companies can create cutting-edge products that meet the evolving demands of the construction industry. The integration of smart technologies in coating solutions, such as sensors for monitoring structural integrity, represents another frontier for growth. As construction continues to embrace digitalization and automation, manufacturers who adapt their products to meet these new technological standards will find ample opportunities for expansion and market penetration.

Threats

Despite the promising outlook for the polymer modified cementitious coatings market, there are several threats that industry players must navigate. One significant challenge is the fluctuating prices of raw materials, which can impact production costs and pricing strategies. Variability in the prices of key components such as cement, polymers, and additives can pose a risk to profit margins. Manufacturers need to develop strategies to mitigate these risks, such as securing long-term supply agreements or diversifying their supplier base. Another concern is the competitive landscape, characterized by the presence of numerous domestic and international players. As market competition intensifies, companies may resort to aggressive pricing strategies that could further squeeze profit margins and affect overall market stability.

Additionally, regulatory challenges pose a potential threat to market growth. Compliance with environmental regulations and building codes is becoming increasingly stringent, requiring manufacturers to adapt their formulations and processes accordingly. Non-compliance can result in fines, project delays, and reputational damage, which could deter potential customers. The industry must stay abreast of regulatory changes and invest in compliance measures to ensure continued market access. Moreover, the lack of awareness about the benefits of polymer modified coatings in some regions can hinder market penetration. Manufacturers need to invest in educational initiatives to inform potential customers about the advantages of these coatings, thereby expanding their market reach and fostering adoption.

Competitor Outlook

• BASF SE
• Saint-Gobain
• Sika AG
• Fosroc International Ltd.
• MAPEI S.p.A.
• RPM International Inc.
• Dow Chemical Company
• Ardex Group
• Roxul Inc.
• Henkel AG & Co. KGaA
• Knauf Gips KG
• GCP Applied Technologies Inc.
• Chryso Group
• MC-Bauchemie Müller GmbH
• UltraTech Cement Ltd.

The competitive landscape of the polymer modified cementitious coatings market is characterized by a mix of established global players and emerging regional companies. Leading manufacturers are leveraging their technical expertise and extensive product portfolios to gain a competitive edge in the market. These companies are continuously investing in research and development to innovate and enhance their product offerings, focusing on developing coatings that meet evolving customer needs and regulatory standards. Furthermore, partnerships and collaborations with construction firms and distributors are becoming increasingly common, allowing manufacturers to expand their market reach and enhance their distribution capabilities. The competitive dynamics are expected to intensify as new entrants seek to capture market share, pushing existing companies to innovate and differentiate their products.

BASF SE is one of the leading players in the polymer modified cementitious coatings market, known for its extensive portfolio of construction chemicals and high-performance products. The company's commitment to sustainability is driving its R&D efforts, leading to the development of eco-friendly coating solutions that meet the growing demand for sustainable construction practices. Similarly, Sika AG is recognized for its innovative approaches to enhancing construction materials, offering a wide range of polymer modified coatings that cater to diverse applications. The company's strong global presence and robust distribution network position it well for continued growth in the market. Another key player, MAPEI S.p.A., is renowned for its advanced formulations and high-quality products, making it a preferred choice for many construction professionals worldwide.

In addition to these major players, companies like RPM International Inc. and Dow Chemical Company are also making significant strides in the polymer modified coatings sector. RPM International focuses on offering high-performance coating solutions tailored to the needs of various industries, while Dow Chemical emphasizes innovation and sustainability across its product lines. Emerging companies, such as Ardex Group and Roxul Inc., are gaining traction by providing specialized products that address niche market needs. As the market continues to evolve, the competitive landscape will likely shift, driven by technological advancements, changing customer preferences, and the ongoing pursuit of sustainable construction solutions.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 BASF SE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Sika AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Roxul Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Ardex Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Chryso Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 MAPEI S.p.A.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Saint-Gobain
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Knauf Gips KG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Dow Chemical Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Henkel AG & Co. KGaA
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 UltraTech Cement Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 RPM International Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Fosroc International Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 GCP Applied Technologies Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 MC-Bauchemie Müller GmbH
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Polymer Modified Cementitious Coatings Sales Market, By Application
    • 6.1.1 Residential Buildings
    • 6.1.2 Commercial Buildings
    • 6.1.3 Industrial Buildings
    • 6.1.4 Infrastructure
    • 6.1.5 Others
  • 6.2 Polymer Modified Cementitious Coatings Sales Market, By Product Type
    • 6.2.1 Acrylic Polymer Modified Cementitious Coatings
    • 6.2.2 SBR Polymer Modified Cementitious Coatings
    • 6.2.3 Flexible Polymer Modified Cementitious Coatings
    • 6.2.4 Elastomeric Polymer Modified Cementitious Coatings
    • 6.2.5 Hybrid Polymer Modified Cementitious Coatings
  • 6.3 Polymer Modified Cementitious Coatings Sales Market, By Ingredient Type
    • 6.3.1 Polymer Additives
    • 6.3.2 Cement
    • 6.3.3 Aggregates
    • 6.3.4 Admixtures
    • 6.3.5 Others
  • 6.4 Polymer Modified Cementitious Coatings Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributor Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Polymer Modified Cementitious Coatings Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Polymer Modified Cementitious Coatings Sales market is categorized based on

By Product Type

• Acrylic Polymer Modified Cementitious Coatings
• SBR Polymer Modified Cementitious Coatings
• Flexible Polymer Modified Cementitious Coatings
• Elastomeric Polymer Modified Cementitious Coatings
• Hybrid Polymer Modified Cementitious Coatings

By Application

• Residential Buildings
• Commercial Buildings
• Industrial Buildings
• Infrastructure
• Others

By Distribution Channel

• Direct Sales
• Distributor Sales

By Ingredient Type

• Polymer Additives
• Cement
• Aggregates
• Admixtures
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BASF SE
• Saint-Gobain
• Sika AG
• Fosroc International Ltd.
• MAPEI S.p.A.
• RPM International Inc.
• Dow Chemical Company
• Ardex Group
• Roxul Inc.
• Henkel AG & Co. KGaA
• Knauf Gips KG
• GCP Applied Technologies Inc.
• Chryso Group
• MC-Bauchemie Müller GmbH
• UltraTech Cement Ltd.