Market Research Logo

Global Elastomeric Coatings Market for the Construction Industry 2017-2021

Global Elastomeric Coatings Market for the Construction Industry 2017-2021

About Elastomeric Coatings

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.

Technavio’s 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:

  • APAC
  • Europe
  • North America
  • ROW
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.

Key vendors
  • BASF
  • PPG Industries
  • The Sherwin-Williams Company
  • The Dow Chemical Company
  • The Valspar Corporation
Other prominent vendors
  • 3M
  • BEHR Process Corporation
  • Clariant
  • DuluxGroup
  • Henry
  • Nippon Paint Holdings
  • Progressive Painting
  • Jotun
  • Rodda Paint
Market driver
  • Superior performance of elastomeric coatings.
  • For a full, detailed list, view our report
Market challenge
  • High cost in comparison with conventional coating.
  • For a full, detailed list, view our report
Market trend
  • Development of environmental friendly roofing system.
  • For a full, detailed list, view our report
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Elastomeric Coatings Market for the Construction Industry 2017-2021

Technavio recognizes the following companies as the key players in the global elastomeric coatings market for the construction industry: BASF, PPG Industries, The Sherwin-Williams Company, The Dow Chemical Company, and The Valspar Corporation.

Other Prominent Vendors in the market are: 3M, BEHR Process Corporation, Clariant, DuluxGroup, Henry, Nippon Paint Holdings, Progressive Painting, Jotun, and Rodda Paint.

Commenting on the report, an analyst from Technavio’s team said: “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.”

According to the report, one driver in market is popularity of tilt-up concrete. Tilt-up concrete is a form of precast construction, which requires the concrete panels to be built on the ground site, lifted and placed by a crane, then propped in position while the panels are joined, and roofing structure is installed. Between each panel, a release agent or bond breaker is applied to facilitate separation between each panel. On each tilt-up concrete panel there exist two surfaces; cast face from the previous panel and a hand-finished trowel face. The surfaces are inspected to ensure that it is free of mud, dirt, grime, release agents, and bond breakers. The tilt-up concrete building technique is being used in building structures, especially in warehouse building, corporate offices, and industrial houses, due to its speed of construction, low cost, and possible architectural treatments.

Further, the report states that one challenges in market is high cost in comparison with conventional coating. Weighing the cost factor per gallon, the cost of elastomeric coatings is comparable or slightly more than the high-quality latex paint. Elastomeric coatings have more than 40% of the cost than conventional paints. The elastomeric coating coverage typically covers 50 to 100 square feet per gallon, whereas conventional paint covers around 250 to 400 square feet per gallon. Parameters such as the desired film thickness, coating texture, and surface profile also affect the quantity needed. When elastomeric coatings are used in construction, the contractors are compelled to use primers and surface conditioners specifically designed to be compatible with elastomeric coatings, which increases the cost of construction.

Companies Mentioned

BASF, PPG Industries, The Sherwin-Williams Company, The Dow Chemical Company, The Valspar Corporation, 3M, BEHR Process Corporation, Clariant, DuluxGroup, Henry, Nippon Paint Holdings, Progressive Painting, Jotun, and Rodda Paint.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market size and forecast
      • Table Global elastomeric coatings market 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global elastomeric coatings market by type
      • Table Global elastomeric coatings market by type 2016
      • Table Global elastomeric coatings market by type 2021
    • Global elastomeric coatings market by acrylic type
      • Table Global elastomeric coatings market in acrylic type segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in acrylic type segment 2016-2021 ($ millions)
    • Global elastomeric coatings market by polyurethane type
      • Table Global elastomeric coatings market in polyurethane type segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in polyurethane type segment 2016-2021 ($ millions)
    • Global elastomeric coatings market by silicone type
      • Table Global elastomeric coatings market in silicone type segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in silicone type segment 2016-2021 ($ millions)
    • Global elastomeric coatings market by butyl type
      • Table Global elastomeric coatings market in butyl type segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in butyl type segment 2016-2021 ($ millions)
    • Global elastomeric coatings market by other type
      • Table Global elastomeric coatings market in other type segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in other type segment 2016-2021 ($ millions)
  • Market segmentation by technology
    • Global elastomeric coatings market by technology
      • Table Global elastomeric coatings market by technology 2016
      • Table Global elastomeric coatings market by technology 2021
    • Global elastomeric coatings market in water-based segment
      • Table Global elastomeric coatings market in water-based segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in water-based segment 2016-2021 ($ millions)
    • Global elastomeric coatings market in solvent-based segment
      • Table Global elastomeric coatings market in solvent-based segment 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in solvent-borne segment 2016-2021 ($ millions)
  • Market segmentation by application
    • Global elastomeric coatings market by application
      • Table Global elastomeric coatings market by application 2016
      • Table Global elastomeric coatings market by application 2021
    • Global elastomeric coatings market in wall coating application
      • Table Global elastomeric coatings market in wall coating application 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in wall coating application 2016-2021 ($ millions)
    • Global elastomeric coatings in floor coating application
      • Table Global elastomeric coatings market in floor coating application 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in floor coating application 2016-2021 ($ millions)
    • Global elastomeric coatings market in roof coating application
      • Table Global elastomeric coatings market in roof coating application 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in roof coating application 2016-2021 ($ millions)
    • Global elastomeric coatings in other applications
      • Table Global elastomeric coatings market in other applications 2016 and 2021 ($ millions)
      • Table Market forecast: Global elastomeric coatings market in other applications 2016-2021 ($ millions)
  • Market segmentation by geography
    • Global elastomeric coatings market by geography
      • Table Global elastomeric coatings market by geography 2016
      • Table Global elastomeric coatings market by geography 2021
    • Elastomeric coatings market in North America
      • Table Elastomeric coatings market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Elastomeric coatings market in North America 2016-2021 ($ millions)
    • Elastomeric coatings market in APAC
      • Table Elastomeric coatings market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Elastomeric coatings market in APAC 2016-2021 ($ millions)
    • Elastomeric coatings market in Europe
      • Table Elastomeric coatings market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Elastomeric coatings market in Europe 2016-2021 ($ millions)
    • Elastomeric coatings market in ROW
      • Table Elastomeric coatings market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Elastomeric coatings market in ROW 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Business benefits expected from green building investments
    • Impact of drivers on key geographic segment
      • Table Impact of drivers
    • Market challenges
      • Table Some common building and construction regulations in the US 2015
    • Impact of challenges on key geographic segments
      • Table Impact of challenges
  • Market trends
    • Rising investment in construction industry
    • Increase in R&D activities
    • Development of environment-friendly roofing system
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global elastomeric coating major vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • BASF
      • Table BASF: Business segmentation by revenue 2016
      • Table BASF: Geographical segmentation by revenue 2016
    • PPG Industries
      • Table PPG Industries: Business segmentation by revenue 2016
      • Table PPG Industries: Geographic segmentation by revenue 2016
    • The Sherwin-Williams Company
      • Table The Sherwin-Williams Company: Business segmentation by revenue 2016
      • Table The Sherwin-Williams Company: Global footprint in 2016
    • The Dow Chemical Company
      • Table The Dow Chemical: Business segmentation by revenue 2016
      • Table The Dow Chemical: Geographic segmentation by revenue 2016
    • The Valspar Corporation
      • Table The Valspar Corporation: Business segmentation by revenue 2016
      • Table The Valspar Corporation: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report