Global Elastomeric Coatings Market

The Elastomeric Coatingsare highly flexible and durable adhesive compounds that are found suitable to coat the walls, roofs and floors. Due to its elongated protective attributes, it is used to protect the interiors from extreme atmospheric and climatic variations while providing aesthetic value to the interiors made up of metal, masonry or concrete. The compound is reliable, protective from any degradation, durable and had been preferred over the traditional paints due to its protective barrier properties.

End-User

Due to requirement of features of high reliability and superior aesthetic value of the final product, the elastomeric coatings have been used in construction, textile and automotive industries at large. In construction industry, the coatings are mainly used flooring, roofing, cladding and water proofing purpose. These coatings can cover thin hairline cracks on the surface that is not possible with the conventional paints. Thus, these elastomeric coatings have been proved to be of extensive use in new or improvement construction works. Features like glossy and scratch resistant surface supports the use of this material in commercial purposes.

Market Dynamics

As the market for constructions and industrial development is expanding, it is leading the way for an expansion in the market for elastomeric coatings along with it. More specific in Asia Pacific region, where economic growth had opened the gates for more construction and development projects, this expansion is of more essence. Need for residential conditions to get better and improving economic conditions have assisted this growth pattern in countries like India and China.

Market Segmentation

The market for elastomeric coatings can be segmented on various aspects. Based on type, the market can be for acrylics, silicone, polysulfide, polyurethane, butyl, vinyl polymers, etc. On its application, the market can be for wall, floor or roof coatings. The roof coatings market can be further segmented as built up, metal, foam, ply and concrete coatings. Technologically, the market can be segmented as solvent-borne and water-borne. Lastly, depending on the industry of its utilization, the market can be industrial, residential or commercialized.

Geographic Analysis

The market for elastomeric coatings is already established to a higher extent in the developed regions like America. Availability of cheaper and traditional alternatives have stunted the market growth to large extent in the less developed areas. America had been leading the market in terms of highest demand in the industry so far and is supposed to continue to do so for some years more to come. Apart from that, Europe region, mainly driven by UK, Germany, France show a lot of potential to continual growth of the market in that region.

Opportunities

The Elastomeric Coatings market is growing at speed in developed as well as developing regions and is expected to reach close to a size of being $xx Bn by 2024. With CAGR estimated to run close to XX.XX% currently, the market is driving itself in line with the changing preferences and styles in automotive and residential interior designing. These factors are likely to influence and direct the growth opportunities for the market in future.

Key Players

Nippon paints, BASF SE, Dow Chemicals Company, Progressive Paintings Inc., Clariant, Henry, PPG Industries Inc., etc. are the few major key players in the global market for products in Elastomeric Coatings industry.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage