According to a market report by Lucintel, the future of the elastomeric coating market looks promising with opportunities in the wall coating, roof coating, and floor/horizontal surface coating applications. The elastomeric coating market is expected to grow with a CAGR of 15% from 2019 to 2024. The major growth drivers for this market are growing need for protective coatings and increasing demand for energy-efficient roof systems in building & construction.
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In this market, acrylic, polyurethane, silicone, and butyl are the major polymer type used in elastomeric coating. Acrylic is the largest polymer type.
Within the elastomeric coating market, wall coatings, roof coatings, and floor/horizontal surface coatings are the major applications. Wall coating is the largest application segment for elastomeric coatings.
Waterborne and solvent borne are the major technology type of the elastomeric coating market.
North America will remain the largest market over the forecast period due to increasing construction activities in the region.
BASF SE, Henry, PPG Industries Inc., DowDupont Chemical Company, Nippon Paints, Progressive Painting Inc., The Sherwin-Williams Company, Jotun A/S, Clariant, and Rodda Paints are among the major manufacturers of elastomeric coatings.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the elastomeric coating market by application, polymer type, technology, and region. Lucintel has prepared a comprehensive research report entitled "Elastomeric Coating Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the elastomeric coating market by application, polymer type, technology, and region as follows:
By Polymer Type [$M shipment analysis for 2013 – 2024]:
Acrylic
Polyurethane
Silicone
Butyl
Others
By Technology [$M shipment analysis for 2013 – 2024]:
Water Borne
Solvent Borne
By Application [$M shipment analysis for 2013 – 2024]:
Wall Coatings
Roof Coatings
Floor/Horizontal Surface Coatings
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Germany
Spain
France
United Kingdom
Russia
Asia Pacific
China
Japan
India
South Korea
Thailand
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/elastomeric-coating-market.aspx or helpdesk@lucintel.com.
About Lucintel
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