DUBLIN--(BUSINESS WIRE)--The "Global Elastomeric Coatings Market - Segmented by Type, Application and Geography - Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' 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.
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.
Companies Mentioned:
- 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
- Sherwin Williams
- Valspar Corporation
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/tfsjpv/global
