DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Elastomeric Coating Market - Global Forecast to 2021" report to their offering.
The global elastomeric coating market size is estimated to reach USD 13.58 billion by 2021, at a CAGR of 15.19% between 2016 and 2021. Their ability of bridging the gaps between pores and cracks and their performance properties are fueling the overall demand of elastomeric coating in the next five years globally.
Elastomeric coatings are used in the construction sector for wall coatings, roof coatings, and floor coatings applications. In 2015, the wall coating application accounted for the largest market share, in terms of value and volume. It is followed by the roof coating application. The elastomeric coating market in the wall coatings segment is projected to witness the highest CAGR between 2016 and 2021, in terms of volume.
The high demand in Asia-Pacific is expected to be the major driver of the global elastomeric coating market. China is expected to lead the Asia-Pacific market in terms of demand for elastomeric coating due to the increased industrial production of elastomeric coating raw materials such as acrylic, polyurethane, silicone, and butyl in the last 3-4 years.
It is also among the leading emerging markets of elastomeric coating, globally. The markets in other emerging economies such as Brazil, India, and Mexico are also expected to witness rapid growth.
- BASF SE
- The DOW Chemical Company
- Jotun A/S
- Nippon Paints
- PPG Industries Inc.
- Progressive Painting Inc.
- Rodda Paints
The Sherwin-Williams Company
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Patent Details
8 Elastomeric Coating Market, By Type
9 Elastomeric Coating Market, By Technology
10 Elastomeric Coating Market, By Application
11 Elastomeric Coating Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/k5jthm/elastomeric
Related Topics: Paints and Coatings