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PUBLISHER: Persistence Market Research | PRODUCT CODE: 1547076

PUBLISHER: Persistence Market Research | PRODUCT CODE: 1547076

Elastomeric Coating Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

PUBLISHED: August 26, 2024

PAGES: 195 Pages

DELIVERY TIME: 2-5 business days

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Description

Persistence Market Research has recently published an extensive report on the global Elastomeric Coating Market. This report offers a comprehensive analysis of the key market dynamics, including drivers, trends, opportunities, and challenges, providing deep insights into the market structure.

Key Insights:

Elastomeric Coating Market Size (2024E): US$13.6 Bn
Projected Market Value (2031F): US$23.77 Bn
Global Market Growth Rate (CAGR 2024 to 2031):8.3 %

Elastomeric Coating Market - Report Scope:

The Elastomeric Coating Market encompasses a variety of high-performance coatings designed to provide superior durability, elasticity, and protection against harsh environmental conditions. These coatings are extensively used in the construction industry for both residential and commercial buildings, offering a protective layer that can withstand extreme weather conditions and structural movements. The market serves diverse segments, including building exteriors, roofs, walls, and industrial applications. Growth is driven by increasing demand for sustainable building materials, advancements in coating technologies, and the expanding application of elastomeric coatings in various construction projects across the globe.

Market Growth Drivers:

Several key factors are driving the global Elastomeric Coating Market. The rising demand for durable and flexible coatings in the construction industry boosts the market's growth. Technological advancements in coating formulations, such as the development of water-based elastomeric coatings, have improved the environmental profile and performance of these products, further fueling market expansion. Additionally, the growing focus on sustainable construction practices and the availability of eco-friendly elastomeric coatings drive demand. Enhanced research and development activities, along with the introduction of innovative coatings with improved adhesion and weather resistance, contribute to market growth by offering more tailored solutions for various construction needs.

Market Restraints:

Despite promising growth prospects, the Elastomeric Coating Market faces challenges related to the high costs of premium coatings and the potential concerns regarding the long-term durability of certain products in extreme conditions. Market growth can be hindered by the availability of alternative coating solutions, such as traditional paint and sealants, which may be preferred by some consumers due to their lower cost. Additionally, concerns about the environmental impact of certain chemical components in elastomeric coatings pose challenges for market expansion. Addressing these issues requires ongoing investment in research and development to improve the environmental profile of elastomeric coatings, enhance their durability, and incorporate more sustainable ingredients.

Market Opportunities:

The market presents significant opportunities driven by the increasing adoption of green building practices and the rising demand for energy-efficient buildings. The development of advanced coating technologies, such as nanotechnology-based elastomeric coatings, caters to the growing need for more durable and energy-efficient solutions. The expansion of urbanization and infrastructure development, particularly in emerging economies, provides new channels for market growth, allowing companies to reach a broader audience and offer high-performance coatings that meet stringent environmental regulations. Strategic partnerships, investments in sustainable production processes, and the introduction of multifunctional coatings are essential for capitalizing on emerging opportunities and maintaining market leadership.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Elastomeric Coating Market globally?
Which types and applications of elastomeric coatings are leading the adoption in various construction and industrial settings?
How are technological advancements influencing the competitive landscape of the Elastomeric Coating Market?
Who are the key players in the Elastomeric Coating Market, and what strategies are they employing to stay competitive?
What are the emerging trends and future prospects in the global Elastomeric Coating Market?

Competitive Intelligence and Business Strategy:

Leading players in the global Elastomeric Coating Market, including BASF SE, PPG Industries, and The Sherwin-Williams Company, focus on innovation, product differentiation, and strategic collaborations to gain a competitive edge. These companies invest in R&D to develop advanced elastomeric coating solutions and explore new applications in the construction and industrial sectors. Collaborations with suppliers, distributors, and construction companies facilitate market access and promote new product adoption. Emphasis on sustainability, high-quality products, and comprehensive marketing strategies fosters market growth and enhances brand loyalty in the evolving Elastomeric Coating Market landscape.

Key Companies Profiled:

BASF SE
Sherwin-Williams Company
DowDuPont Inc.
Huntsman Corporation
Covestro AG
Industries Inc.
Versaflex Inc.
Rhino Linings Corporation
Nukote Coating Systems
Marvel Industrial Coatings LLC
Pidilite Industries Ltd.

Elastomeric Coating Market Industry Segmentation

By Type

Acrylic
Silicone
Polyurea
Polyurethane
Epoxy
Others

By Technology

Water-borne
Solvent-borne

By Application

Roof
Wall
Floor
Bridges
Others
Building & Construction
Industrial
Automotive and Transportation
Others

By Region

North America
Europe
Asia-Pacific
The Middle East and Africa
Latin America

Product Code: PMRREP34640

1. Executive Summary

1.1. Global Elastomeric Coating Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Bn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Global Sectorial Outlook
- 2.3.2. Global GDP Growth Outlook
- 2.3.3. Global Healthcare Spending Outlook
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

3.1. Product Adoption Analysis
3.2. Epidemiology - Deafness and Hearing Loss
3.3. Technology Assessment
3.4. Regulatory Landscape
3.5. Value Chain Analysis
- 3.5.1. List of Distribution Channel/Marketplaces
  - 3.5.1.1. Retail
  - 3.5.1.2. E-Commerce
- 3.5.2. List of End User (Industry)
3.6. Key Deals and Mergers
3.7. PESTLE Analysis
3.8. Porter's Five Force Analysis

4. Price Trend Analysis, 2024-2031

4.1. Key Highlights
4.2. Key Factors Impacting Type Prices
4.3. Pricing Analysis, By Type
4.4. Regional Prices and Type Preferences

5. Global Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
- 5.1.1. Market Volume (Units) Projections
- 5.1.2. Market Size (US$ Bn) and Y-o-Y Growth
- 5.1.3. Absolute $ Opportunity
5.2. Market Size (US$ Bn) Analysis and Forecast
- 5.2.1. Historical Market Size (US$ Bn) Analysis, 2019-2023
- 5.2.2. Current Market Size (US$ Bn) Analysis and Forecast, 2023-2031
5.3. Global Elastomeric Coating Market Outlook: Type
- 5.3.1. Introduction / Key Findings
- 5.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Type, 2019-2023
- 5.3.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
  - 5.3.3.1. Acrylic
  - 5.3.3.2. Silicone
  - 5.3.3.3. Polyurea
  - 5.3.3.4. Polyurethane
  - 5.3.3.5. Epoxy
  - 5.3.3.6. Others
5.4. Market Attractiveness Analysis: Type
5.5. Global Elastomeric Coating Market Outlook: Technology
- 5.5.1. Introduction / Key Findings
- 5.5.2. Historical Market Size (US$ Bn) Analysis, By Technology, 2019-2023
- 5.5.3. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
  - 5.5.3.1. Water-borne
  - 5.5.3.2. Solvent-borne
5.6. Market Attractiveness Analysis: Technology
5.7. Global Elastomeric Coating Market Outlook: Application
- 5.7.1. Introduction / Key Findings
- 5.7.2. Historical Market Size (US$ Bn) Analysis, Application, 2019-2023
- 5.7.3. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
  - 5.7.3.1. Building & Construction
    - 5.7.3.1.1. Roof
    - 5.7.3.1.2. Wall
    - 5.7.3.1.3. Floor
    - 5.7.3.1.4. Bridges
    - 5.7.3.1.5. Others
  - 5.7.3.2. Industrial
  - 5.7.3.3. Automotive and Transportation
  - 5.7.3.4. Others
5.8. Market Attractiveness Analysis: Application

6. Global Elastomeric Coating Market Outlook: Region

6.1. Key Highlights
6.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Region, 2019-2023
6.3. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Region, 2024-2031
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. East Asia
- 6.3.4. South Asia and Oceania
- 6.3.5. Latin America
- 6.3.6. Middle East & Africa
6.4. Market Attractiveness Analysis: Region

7. North America Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Type
- 7.3.3. By Technology
- 7.3.4. By Application
7.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
- 7.4.1. U.S.
- 7.4.2. Canada
7.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
- 7.5.1. Acrylic
- 7.5.2. Silicone
- 7.5.3. Polyurea
- 7.5.4. Polyurethane
- 7.5.5. Epoxy
- 7.5.6. Others
7.6. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
- 7.6.1. Water-borne
- 7.6.2. Solvent-borne
7.7. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
- 7.7.1. Building & Construction
  - 7.7.1.1. Roof
  - 7.7.1.2. Wall
  - 7.7.1.3. Floor
  - 7.7.1.4. Bridges
  - 7.7.1.5. Others
- 7.7.2. Industrial
- 7.7.3. Automotive and Transportation
- 7.7.4. Others
7.8. Market Attractiveness Analysis

8. Europe Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Type
- 8.3.3. By Technology
- 8.3.4. By Application
8.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
- 8.4.1. Germany
- 8.4.2. France
- 8.4.3. U.K.
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Turkey
- 8.4.8. Rest of Europe
8.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
- 8.5.1. Acrylic
- 8.5.2. Silicone
- 8.5.3. Polyurea
- 8.5.4. Polyurethane
- 8.5.5. Epoxy
- 8.5.6. Others
8.6. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
- 8.6.1. Water-borne
- 8.6.2. Solvent-borne
8.7. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
- 8.7.1. Building & Construction
  - 8.7.1.1. Roof
  - 8.7.1.2. Wall
  - 8.7.1.3. Floor
  - 8.7.1.4. Bridges
  - 8.7.1.5. Others
- 8.7.2. Industrial
- 8.7.3. Automotive and Transportation
- 8.7.4. Others
8.8. Market Attractiveness Analysis

9. East Asia Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Type
- 9.3.3. By Technology
- 9.3.4. By bApplication
9.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. South Korea
9.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
- 9.5.1. Acrylic
- 9.5.2. Silicone
- 9.5.3. Polyurea
- 9.5.4. Polyurethane
- 9.5.5. Epoxy
- 9.5.6. Others
9.6. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
- 9.6.1. Water-borne
- 9.6.2. Solvent-borne
9.7. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
- 9.7.1. Building & Construction
  - 9.7.1.1. Roof
  - 9.7.1.2. Wall
  - 9.7.1.3. Floor
  - 9.7.1.4. Bridges
  - 9.7.1.5. Others
- 9.7.2. Industrial
- 9.7.3. Automotive and Transportation
- 9.7.4. Others
9.8. Market Attractiveness Analysis

10. South Asia & Oceania Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Type
- 10.3.3. By Technology
- 10.3.4. By Application
10.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
- 10.4.1. India
- 10.4.2. Southeast Asia
- 10.4.3. ANZ
- 10.4.4. Rest of South Asia & Oceania
10.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
- 10.5.1. Acrylic
- 10.5.2. Silicone
- 10.5.3. Polyurea
- 10.5.4. Polyurethane
- 10.5.5. Epoxy
- 10.5.6. Others
10.6. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
- 10.6.1. Water-borne
- 10.6.2. Solvent-borne
10.7. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
- 10.7.1. Building & Construction
  - 10.7.1.1. Roof
  - 10.7.1.2. Wall
  - 10.7.1.3. Floor
  - 10.7.1.4. Bridges
  - 10.7.1.5. Others
- 10.7.2. Industrial
- 10.7.3. Automotive and Transportation
- 10.7.4. Others
10.8. Market Attractiveness Analysis

11. Latin America Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

11.1. Key Highlights
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
- 11.3.1. By Country
- 11.3.2. By Type
- 11.3.3. By Technology
- 11.3.4. By Application
11.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
- 11.4.1. Brazil
- 11.4.2. Mexico
- 11.4.3. Rest of Latin America
11.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
- 11.5.1. Acrylic
- 11.5.2. Silicone
- 11.5.3. Polyurea
- 11.5.4. Polyurethane
- 11.5.5. Epoxy
- 11.5.6. Others
11.6. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
- 11.6.1. Water-borne
- 11.6.2. Solvent-borne
11.7. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
- 11.7.1. Building & Construction
  - 11.7.1.1. Roof
  - 11.7.1.2. Wall
  - 11.7.1.3. Floor
  - 11.7.1.4. Bridges
  - 11.7.1.5. Others
- 11.7.2. Industrial
- 11.7.3. Automotive and Transportation
- 11.7.4. Others
11.8. Market Attractiveness Analysis

12. Middle East & Africa Elastomeric Coating Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

12.1. Key Highlights
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis, By Market, 2019-2023
- 12.3.1. By Country
- 12.3.2. By Type
- 12.3.3. By Technology
- 12.3.4. By Application
12.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
- 12.4.1. GCC Countries
- 12.4.2. Egypt
- 12.4.3. South Africa
- 12.4.4. Northern Africa
- 12.4.5. Rest of Middle East & Africa
12.5. Current Market Size (US$ Bn) and Volume (Units) Analysis and Forecast, By Type, 2024-2031
- 12.5.1. Acrylic
- 12.5.2. Silicone
- 12.5.3. Polyurea
- 12.5.4. Polyurethane
- 12.5.5. Epoxy
- 12.5.6. Others
12.6. Current Market Size (US$ Bn) Analysis and Forecast, By Technology, 2024-2031
- 12.6.1. Water-borne
- 12.6.2. Solvent-borne
12.7. Current Market Size (US$ Bn) Analysis and Forecast, Application, 2024-2031
- 12.7.1. Building & Construction
  - 12.7.1.1. Roof
  - 12.7.1.2. Wall
  - 12.7.1.3. Floor
  - 12.7.1.4. Bridges
  - 12.7.1.5. Others
- 12.7.2. Industrial
- 12.7.3. Automotive and Transportation
- 12.7.4. Others
12.8. Market Attractiveness Analysis

13. Competition Landscape

13.1. Market Share Analysis, 2023
13.2. Market Structure
- 13.2.1. Competition Intensity Mapping By Market
- 13.2.2. Competition Dashboard
13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. BASF SE
  - 13.3.1.1. Overview
  - 13.3.1.2. Segments and Products
  - 13.3.1.3. Key Financials
  - 13.3.1.4. Market Developments
  - 13.3.1.5. Market Strategy
- 13.3.2. Sherwin-Williams Company
- 13.3.3. DowDuPont Inc.
- 13.3.4. Huntsman Corporation
- 13.3.5. Covestro AG
- 13.3.6. Industries Inc.
- 13.3.7. Versaflex Inc.
- 13.3.8. Rhino Linings Corporation
- 13.3.9. Nukote Coating Systems
- 13.3.10. Marvel Industrial Coatings LLC
- 13.3.11. Pidilite Industries Ltd.

14. Appendix

14.1. Research Methodology
14.2. Research Assumptions
14.3. Acronyms and Abbreviations

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