Global Stone Water Repellent Treatments market will reach 180 million US$ by the end of 2025
Published Date: 2019/6/3
In consumption market, USA and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 61.67% of the global consumption.
Stone water repellent treatments could be applied in many fields, such as sandstone, marble, granite, bricks and others. With the development of economy, the downstream application industries will need more stone water repellent treatments. So, stone water repellent treatment has a huge market potential in the future.
The major raw materials of stone water repellent treatments are acrylic acid, fluorosilicone, silicone rubber, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of stone water repellent treatments. The production cost of stone water repellent treatments is also an important factor which could impact the price of stone water repellent treatments.
The global Stone Water Repellent Treatments market was 130 million US$ in 2017 and is expected to 180 million US$ by the end of 2025, growing at a CAGR of 4.7% between 2018 and 2025.
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