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.
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North America will remain the largest market over the forecast period due to increasing construction activities in the region.
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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 [$M shipment analysis for 2013 – 2024]:
By Technology [$M shipment analysis for 2013 – 2024]:
- Water Borne
- Solvent Borne
By Application [$M shipment analysis for 2013 – 2024]:
- Wall Coatings
- Roof Coatings
- Floor/Horizontal Surface Coatings
By Region [$M shipment analysis for 2013 – 2024]:
- North America
− United Kingdom
- Asia Pacific
− South Korea
- The Rest of the World
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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 firstname.lastname@example.org.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global elastomeric coating market by application (wall coatings, roof coatings, floor/horizontal surface coatings, and others), polymer type (acrylic, polyurethane, silicone, butyl, and others), technology (waterborne and solventborne), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the elastomeric coating market?
Q.5 What are the business risks and threats to the elastomeric coating market?
Q.6 What are emerging trends in the elastomeric coating market and the reasons behind them?
Q.7 What are some changing demands of customers in the elastomeric coating market?
Q.8 What are the new developments in the elastomeric coating market? Which companies are leading these developments?
Q.9 Who are the major players in the elastomeric coating market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the elastomeric coating market?
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