Elastomeric Coating Market Size growing at 15.30% CAGR to hit USD 31.95 billion by 2027

Elastomeric coating market will reach an estimated valuation of USD 31.95 billion by 2027, while registering this growth at a rate of 15.30% for the forecast period of 2020 to 2027. Elastomeric coating market report analyses the growth, which is currently being owed to increase in the superior performance of the coating material.

Increasing demand of energy efficient roof system, rising applications in the form of tilt up concrete, rapid industrialisation along with surging investment for the production of advanced material and growing production of automotive are some of the important and foremost factor that will tends to enhance the elastomeric coating market growth in the forecast period of 2020-2027. On the other hand, increasing growth of construction industry along with rising application from the developing economies of India and China will further leads to innovate more opportunities in the elastomeric coating market in the above mentioned forecast period. 

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High cost of products and need of higher dry film thickness will tends to restrict the elastomeric coating market growth in the above mentioned forecast period. Attaining same level of benefits from low dry film thickness will become the biggest challenge in the growth of the market.

This elastomeric coating market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on elastomeric coating market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Competitive Landscape and Elastomeric Coating Market Share Analysis

Elastomeric coating market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to elastomeric coating market.

The major players covered in the elastomeric coating market report are BASF SE, Henry Company., PPG Industries, Inc., Dow, Nippon Paint (India) Company Limited., Progressive Painting, LLC, The Sherwin-Williams Company, Jotun, Clariant, Rodda Paint Co, Dulux, Behr Process Corporation, Valspar, 3M, Univar Solutions Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Global Elastomeric Coating Market Scope and Market Size

Elastomeric coating market is segmented on the basis of type, technology, end-use industry and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

• On the basis of type, elastomeric coating market is segmented into acrylic elastomeric coating, polyurethane elastomeric coating, silicone elastomeric coating, butyl elastomeric coating and others.
• Elastomeric coating market is segmented in terms of market value, volume, market opportunities and niches into multiple applications. The application segment for elastomeric coating market includes wall coating, floor coating, roof coating and others. Roof coating has been further segmented into built up roofing, concrete roofing, metal roofing, modified bitumen roofing, polyurethane foam roofing and single ply roofing.
• Based on technology, elastomeric coating market is segmented into water-borne elastomeric coating and solvent-borne elastomeric coating.
• Based on end-use industry, elastomeric coating market is segmented into automotive, construction, marine, aerospace and others.

Elastomeric Coating Market Country Level Analysis

Elastomeric coating market is analysed and market size, volume information is provided by country, type, technology, end-use industry and application as referenced above.

The countries covered in the elastomeric coating market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the elastomeric coating market due to the large market share of U.S. in the consumption of elastomeric coating while Asia-Pacific region is expected to hold the largest growth in the construction and automotive industry.

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