Global Elastomeric Coatings Market, 2021 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Elastomeric Coatings Market" report to their offering.

The global elastomeric coatings market was valued at USD 4.85 billion in 2015 and is expected to reach USD 11.36 billion by 2021, growing at a CAGR of 13.89%, during the forecast period 2016-2021.

Elastomeric coatings are mainly used in building & construction for waterproofing, cladding, roofing, and flooring purposes. It is an above-grade exterior wall or roof coating that is approximately ten times thicker than paint and forms an incredibly thick, yet flexible, coating that helps waterproof the exterior of a structure. Unlike other types of coatings or paints, it can ridge hairline cracks to complete an airtight, waterproof seal; hence, a suitable material for use on surfaces such as stucco, concrete, masonry and more. Durability and aesthetics of elastomeric coatings for applications such as flooring and roofing have made them a popular choice in the residential construction market, especially in the United States.

The construction and architecture industries have witnessed a tremendous growth, which has resulted in a greater demand for paints and coatings, especially in the thriving economies of Asia-Pacific. With increasing FDIs and improved macroeconomic conditions, China and India are expected to be the growth frontiers for elastomeric coatings manufacturers. The increased need for residential improvement and favorable and lenient environment policies by governments are few of the major factors driving this sector.

With existing market drivers, elastomeric coatings market is well established in the developed countries; however, it is now facing stiff competition from improved composites and other cost efficient substitutes. Elastomeric coatings are expensive and are yet to expand in developing economies, which are primarily dominated by conventional and cheap alternatives. Currently, the demand in the United States is the maximum and is expected to remain so in the future, as well.

Some of the major companies dominating the market for elastomeric coatings production are

  • BASF SE
  • Dow Corning
  • Progressive Painting Inc.
  • Clariant Chemicals
  • PPG Industries
  • Jotun A/S
  • The Sherwin-Williams Company
  • The Valspar Corporation

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Analysis (Market Size, Growth and Forecast)

7. Future of the Market

8. Competitive Landscape

9. Company Profiles (Overview, Products & Services, Financials and Recent Developments)

  • BASF SE
  • Asian Paints Limited
  • Axalta Coating Systems LLC
  • Clariant Chemicals
  • Dow Corning
  • Henry Company
  • Jotun A/S
  • Nippon Paints
  • PPG Industries
  • Progressive Painting Inc.
  • Rodda Paints
  • The Valspar Corporation

For more information about this report visit http://www.researchandmarkets.com/research/pps3pg/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Paints and Coatings , Paints and Coatings

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Paints and Coatings , Paints and Coatings