An elastomer is a polymer, which has high viscosity and elasticity. When added to other materials such as acrylic and polysulfide, which are generally used in coatings, it makes the coating more flexible, durable, resistant to cracking, chalking, blistering, flaking, and peeling. Moreover, it gives the coating a smooth and aesthetic finish. Elastomeric coatings are approximately 10 times thicker than paint and are used to provide tougher exterior to concrete, metal, and plastic substrates. It helps prevent damage such as thermal shocks, corrosion, chemical attack, abrasion, etc.

Based on type, the elastomeric coatings market has been segmented into acrylic, silicone, butyl, polysulfide, polyurethane, vinyl polymers, and others. The acrylic coatings segment is expected to account for the highest market share, owing to its use in the construction of buildings due to its transparency, high color retaining ability, and UV resistance.

The wall coatings are known for superior waterproofing and elongation properties, which are very useful in construction activities. With infrastructure development throughout the world, the demand for elastomeric wall coatings is expected to grow.

The Asia Pacific is expected to be the largest market for elastomeric coatings. This is mainly due to rapid industrialization and urbanization in this region. According to the Asian Development Bank, Asia is expected to invest USD 8.9 trillion in its infrastructural activities to maintain its economy. Approximately USD 900 billion are spent every year on infrastructure in the Asia Pacific, which the ADB estimates are substantially less than the USD 1.7 trillion that the region needs. There are expected to be more investments in infrastructure in the region, which will create a huge demand for elastomeric coatings.

Key Factors Impacting Market Growth:

  • Adoption by several coatings manufacturers due to its beneficial properties
  • Growth of the global construction industry
  • Huge investments being made in Asian Pacific infrastructure 

What Does This Report Provide?

This report provides a detailed understanding of the global elastomeric coatings market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Type:

  • Acrylic
  • Silicone
  • Butyl
  • Polysulfide
  • Polyurethane
  • Vinyl Polymers
  • Others

By Technology:

  • Solvent-Borne
  • Water-Borne

By Application:

  • Wall Coatings
  • Floor Coatings
  • Roof Coatings
  • Others

By End User:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Technology
    • By Application
    • By End User
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Type
    • By Technology
    • By Application
    • By End User
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Technology
    • By Application
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By Technology
    • By Application
    • By End User
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Type
    • By Technology
    • By Application
    • By End User
  • Rest of the World
    • By Region (Latin America, Brazil, Rest of the World)
    • By Type
    • By Technology
    • By Application
    • By End User

Companies Covered: BASF SE, PPG Industries, The Dow Chemical Company, Progressive Painting Inc., The Sherwin-Williams Company, Clariant, Jotun A/S,  Nippon Paints, Rodda Paints, and BEHR Process Corporation… 

Reasons to Buy This Report:

  • Market size estimation of the global elastomeric coatings market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com

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Detailed scope covering all the major segments in the market

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