Elastomeric coatings are flexible, high solids, liquid-applied rubber-like membrane commonly used in wall, floor, and roofing application in the construction industry. 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.
One trend in market is increase in R&D activities. The major global players have increased their R&D expenditure to reduce the manufacturing cost of elastomeric coatings and to provide products with enhanced properties. The growing R&D expenditure is a major trend being witnessed by the global market in the recent years. Thus, to maintain a competitive edge and market share, the manufacturers have been heavily emphasizing on new innovations and developments.
The elastomeric coatings market for the construction industry is characterized by the presence of well-diversified international, regional, and local vendors and is dominated by several small and large vendors. The vendor competition in the market is based on the factors such as innovation, price, operational cost, and product quality. With the increase in product extensions based on innovations in technology, the competitive environment in the market will further intensify during the forercast period.
The global Elastomeric Coatings for the Construction market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Elastomeric Coatings for the Construction volume and value at global level, regional level and company level. From a global perspective, this report represents overall Elastomeric Coatings for the Construction market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Elastomeric Coatings for the Construction in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Elastomeric Coatings for the Construction manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
The Sherwin-Williams Company
The Dow Chemical Company
The Valspar Corporation
BEHR Process Corporation
Nippon Paint Holdings
Segment by Regions
Segment by Type
Segment by Application