Elastomeric Coating Market is Expected to Grow at a CAGR of 15% from 2016 to 2022

Market Highlights
Elastomeric coatings are used to provide tough exterior finish to concrete, metal, and other layers. These coatings are widely applied on wall surfaces and roof tops and other exterior insulation areas in construction. This makes the growth of building and construction as the key driver for this type of coating. The application across the sector has widened for elastomeric coating. These types of coating materials are preferred over the traditional coating methods due to the flexibility, rigidity and thickness. Acrylic is the largest market by type and is expected to attain a similar share in Global Elastomeric Coating Market by 2022. Furthermore the growth in automotive sector on a global level has fueled the demand from such coating material which is used extensively in automotive sector.
The Global Elastomeric Coating is expected to cross USD 14 Billion at the end of the forecasted period and is expected to grow at CAGR of approximately 15% from 2016 to 2022.

The global elastomeric coating market is driven by the growth in building and construction industry. The Construction sector is the largest end-user of the coating material. The properties of this coating material such as resistance from settling of dirt, moisture, and climate proof make it an ideal category of coats for the construction industry. Furthermore the ability of these coasting materials to be used on the steel bars which are highly corrosive further augments the market for elastomeric coating. There is an increased awareness among the suppliers and dealers about the elastomeric coating, which has resulted in increased popularity of such materials.

Key Players
The key players of Global Elastomeric Coating Market report include- BASF SE, Sherwin-Williams Company, The Dow Chemical Company, PPG Industries Inc., The Valspar Corporation, Clariant AG, Jotun A/S, Progressive Painting Inc., BEHR Process Corporation, Nippon Paints, Rodda Paints, and Dulux Group.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/1699

Market Research Analysis:
Elastomeric Coating is one of the most preferred packaging materials by the companies and the consumers due to its properties such as rigidness, durability, flexibility and anti-corrosive nature. The applicability in the various applications across construction industry has widened over a period of time. With increasing awareness among dealers and suppliers along with rapid increase in disposable income induces the market for high quality coating material.
It is expected that the global elastomeric coating market will advance with higher growth rate as compared to previous years. The current challenge for the market is fluctuating raw material prices. The increasing disposable income of average consumers in the emerging economies is driving the market of elastomeric coating along with upcoming government policies to strengthen the infrastructure for the rising population and industrialization, especially in APAC. Acrylic is the largest market by type and is expected to attain a similar share in global elastomeric coating market by 2022. Furthermore the growth in automotive sector on a global level has fueled the demand from such coating material which is used extensively in automotive sector.

Enquire about this Report @ https://www.marketresearchfuture.com/enquiry/1699

Scope of the report
This study provides an overview of the industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global elastomeric coating market as types, technology and application. On the basis of types it is segmented as acrylic, silicon, polyurethane, and others. On the basis of technology it is segmented as waterborne and solvent borne. On the basis of application it is segmented as wall coatings, roof coatings, floor coatings and others.

Table of Content

1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure

3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model

4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Elastomeric Coatings Market
5 Industry Overview Of Global Elastomeric Coatings
Continue……….

Access Report Detail @ https://www.marketresearchfuture.com/reports/elastomeric-coating-market

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

This release was published on openPR.