"Market Definition: Elastomeric coatings are resinous solutions that are applied to concrete, metal, and plastic substrates to increase their durability. Walls, floors, and roofs are frequently subjected to significant wear and tear, necessitating special protection and consideration throughout new construction and renovation projects. They protect these structures from damage such as thermal shocks, abrasions, corrosion, and chemical attacks.
Market Growth Scenario: Over the forecast period, the market for elastomeric coatings is expected to increase at a CAGR of 7.95%. The global elastomeric coating industry, in all of its forms and applications, has seen significant expansion in recent years and is likely to continue in the coming years. Also, the increasing demand from the construction industry owing to its excellent performance and elongation property is expected to grow the market further.
BY TYPE
Acrylic
Polyurethane
Silicone
Butyl
Others
BY APPLICATION
Wall coatings
Roof coatings
Floor/horizontal surface coatings
Others"
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