Elastomeric Coating Market, Trends, Outlook, and Opportunity Analysis, 2018-2026

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Elastomeric Coating Market- Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2018-2026

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REPORT DESCRIPTION
Elastomeric Coating Market Overview
Elastomeric coating is higher volume solid as
compared to conventional paints. The main
advantage of elastomeric coatings is that it
helps secure hairline cracks on the surface.
These coatings tend to stretch on these surfaces
and thus, provide basic protection to the applied
surface from external damage. This has propelled
the use of elastomeric coatings in the
construction industry. Elastomeric coatings are
used extensively on mineral surfaces which
develop cracks due to temperature variation.
Elastomeric coatings offer numerous advantages
such as high solid residue as compared to paints,
excellent physical and chemical resistance, and
exceptional transparency, glossy finish when used
with metals. Elastomeric coatings have received
increased acceptance amongst various end users
due to properties such as enhanced durability and
resistance to temperature variations unlike
conventional paints. Elastomeric coatings are
also used to coat the surface of plastic parts
used in the automotive industry. Elastomeric
coatings can also be applied on metals such as
steel, which has a hydrophilic nature and if left
unprotected can eventually leads to corrosion.
Elastomeric coatings are also applied on roofs to
provide cooling effect and protect concrete roofs
from damage due to varying climatic conditions.
Fluctuating prices of raw materials is expected
to be one of the restraining factors for the
growth of elastomeric coating market over the
forecast period
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REPORT DESCRIPTION

• Elastomeric Coating Market Taxonomy
• On the basis of type of product type global
  market is classified into
• Silicone
• Butyl
• Polyurethane
• Acrylic
• On the basis of application, the global market is
  segmented into
• Wall coatings
• Horizontal surface coatings
• Roof coatings
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REPORT DESCRIPTION
Elastomeric Coating Market Outlook Fluctuating
prices of raw materials is expected to be one of
the restraining factors for the growth of
elastomeric coating market over the forecast
period. Coating resin used for manufacturing
elastomeric coating is derived from petroleum
products, something that is subject to high price
volatility. Volatile Organic Compounds (VOC)
regulations govern the elastomeric coatings
market. The National Volatile Organic Compounds
Emissions standards enforced by the According to
U.S. Environmental Protection Agency aims to
reduce VOC emissions by 90,000 tons per year in
order to reduce environmental impact. To reduce
VOC content in Hong Kong, the government has
passed many regulations to prohibit import and
manufacture of products which exceed the VOC
content limit. Continuous research and
development to find alternatives to raw materials
such as use of vegetables oils and production
methods to reduce VOC emissions is one of the key
strategies adopted by the top players in
elastomeric coating industry. Some of the
companies operating in the global elastomeric
coating market are BASF SE, Progressive Paintings
Inc., The Dow Chemical Company, Sherwin Williams
Company, PPG Industries Inc., Industria Chimica
Adriatica SpA, Nippon Paints, Clariant, The
Valspar Corporation, and Rodda Paints, among
others. To Get PDF of this Report
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uest-pdf/299
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