Elastomeric Coatings Market for the Construction Industry Globally Grow at a CAGR of 14.56% by Revenue During the Forecast Period 2018-2021
Elastomeric coatings are flexible, high solids, liquid-applied rubber-like membrane commonly used in wall, floor, and roofing application in the construction industry.
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They are able to expand more than 200% and can contract along with the substrates. These coatings are commonly applied in thick films of normally 10 mils and above. They are 5-10 times thicker than conventional coatings. Elastomeric coatings are used in different applications such as restoration purposes, new construction, and maintenance. The three key applications of elastomeric coatings are roof, wall, and floor.
Technavios analysts forecast the global elastomeric coatings market for the construction industry to grow at a CAGR of 14.56% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global elastomeric coatings market for the construction industry for 2017-2021. To calculate the market size, the report c presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio's report, Global Elastomeric Coatings Market for the Construction Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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The Sherwin-Williams Company
The Dow Chemical Company
The Valspar Corporation
Other prominent vendors
BEHR Process Corporation
Nippon Paint Holdings
Superior performance of elastomeric coatings.
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High cost in comparison with conventional coating.
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Development of environmental friendly roofing system.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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