Market Overview:
The global elastomeric wall coatings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for elastomeric wall coatings from the construction industry, owing to their properties such as durability, weather resistance, and thermal insulation. In addition, the growing awareness about energy-efficient and environment-friendly construction practices is also propelling the demand for elastomeric wall coatings. Based on type, the global elastomeric wall coatings market can be segmented into solvent type elastic coating, emulsion type elastic coating, and inorganic polymer elastic coating. The solvent type elastic coating segment is projected to lead the market during the forecast period due to its high performance and superior properties such as flexibility and adhesion strength. Based on application, Walls are estimated account for majority of share in terms of revenue by 2030 end followed by Roofs & Other applications respectively .Regionally North America accounted largest revenue share followed by Europe in 2017 .
Product Definition:
Elastomeric wall coatings are a type of paint that is specifically designed to be used on exterior walls. They are important because they can help protect the walls from weathering and damage, and they can also help improve the appearance of the building.
Solvent Type Elastic Coating:
Elastic coating is a solvent-based paint, which is applied to the surface of an elastomeric material. It can be classified as thermoplastic or thermosetting depending on its curing process. Thermoplastic elastic coatings are cured by heat and thermosetting are cross-linked by chemicals. These coatings have high durability and low Volatile Organic Compounds (VOC) content making them environment friendly.
Emulsion Type Elastic Coating:
Emulsion type elastic coating is a two-component system consisting of an emulsifier and an oil. The two components are mixed together to form a uniform coating on the metal or plastic surface. This process reduces the amount of wastage during application and improves efficiency which increases its demand in end-use industries such as automotive, construction, marine, packaging & labeling sectors.
Application Insights:
Elastomeric wall coatings are used in walls, roofs and other applications. Walls were the largest application segment and accounted for over 60% of the total revenue share in 2017. Increasing infrastructural development activities coupled with rising demand for residential buildings is anticipated to boost product demand in this application segment over the forecast period.
Roofs are expected to witness significant growth on account of increasing penetration of elastomeric coatings on account of their ability to protect building materials from UV rays, pollution and extreme temperatures which may cause damage or deterioration over a periodical basis. Also, these products have superior properties such as water resistance along with being non-toxic they also provide thermal insulation which further propels their demand globally.
Regional Analysis:
The demand for the global elastomeric wall coatings is expected to grow significantly in North America owing to increasing construction spending and favorable government initiatives. The growing infrastructural needs of the population in line with rising urbanization is projected to drive product demand over the forecast period.
In addition, increasing penetration of international manufacturers such as BASF SE; Dainite Corporation; and Henkel AG & Co.; KGaA has led to a significant increase in availability of these products at competitive prices, which will further boost their utilization across various applications.
Asia Pacific was estimated as the largest market accounting for 37% share of total revenue in 2017 on account of rapid growth witnessed by emerging economies such as China and India along with other Southeast Asian countries that are investing heavily in infrastructure development projects aimed at enhancing economic output through increased industrial production levels coupled with domestic consumption levels. This factor is anticipated to propel product demand over next eight years.
Growth Factors:
- Increasing demand from the construction industry for elastomeric wall coatings as a protective and decorative finish is expected to be a key growth driver for the market over the forecast period.
- Rising awareness about the benefits of elastomeric wall coatings, such as improved thermal insulation, reduced energy consumption, and protection against weathering, is also anticipated to fuel market growth in the coming years.
- The increasing use of elastomeric wall coatings in residential buildings on account of their aesthetic appeal is another key factor that is likely to propel market expansion during the forecast period.
- Growing demand from end-use industries such as automotive and aerospace due to superior properties offered by elastomeric wall coatings is also expected to boost market growth in future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastomeric Wall Coatings Market Research Report
By Type
Solvent Type Elastic Coating, Emulsion Type Elastic Coating, Inorganic Polymer Elastic Coating
By Application
Walls, Roofs, Other
By Companies
Sika Corporation, AkzoNobel, AcryLabs, National Coatings, Dunn-Edwards Paints, Nippon, Sherwin-Williams, ASTEC Paints, Dow Construction Chemicals, Euclid Chemical, Sika Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Elastomeric Wall Coatings Market Report Segments:
The global Elastomeric Wall Coatings market is segmented on the basis of:
Types
Solvent Type Elastic Coating, Emulsion Type Elastic Coating, Inorganic Polymer Elastic Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Walls, Roofs, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sika Corporation
- AkzoNobel
- AcryLabs
- National Coatings
- Dunn-Edwards Paints
- Nippon
- Sherwin-Williams
- ASTEC Paints
- Dow Construction Chemicals
- Euclid Chemical
- Sika Corporation
Highlights of The Elastomeric Wall Coatings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solvent Type Elastic Coating
- Emulsion Type Elastic Coating
- Inorganic Polymer Elastic Coating
- By Application:
- Walls
- Roofs
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elastomeric Wall Coatings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elastomeric wall coatings are a type of coating that is made from an elastomer, which is a type of polymer. Elastomeric wall coatings are used to protect surfaces from moisture and other elements.
Some of the major companies in the elastomeric wall coatings market are Sika Corporation, AkzoNobel, AcryLabs, National Coatings, Dunn-Edwards Paints, Nippon, Sherwin-Williams, ASTEC Paints, Dow Construction Chemicals, Euclid Chemical, Sika Corporation.
The elastomeric wall coatings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elastomeric Wall Coatings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Elastomeric Wall Coatings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elastomeric Wall Coatings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Elastomeric Wall Coatings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Elastomeric Wall Coatings Market Size & Forecast, 2020-2028
4.5.1 Elastomeric Wall Coatings Market Size and Y-o-Y Growth
4.5.2 Elastomeric Wall Coatings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solvent Type Elastic Coating
5.2.2 Emulsion Type Elastic Coating
5.2.3 Inorganic Polymer Elastic Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Walls
6.2.2 Roofs
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elastomeric Wall Coatings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Elastomeric Wall Coatings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solvent Type Elastic Coating
9.6.2 Emulsion Type Elastic Coating
9.6.3 Inorganic Polymer Elastic Coating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Walls
9.10.2 Roofs
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solvent Type Elastic Coating
10.6.2 Emulsion Type Elastic Coating
10.6.3 Inorganic Polymer Elastic Coating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Walls
10.10.2 Roofs
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solvent Type Elastic Coating
11.6.2 Emulsion Type Elastic Coating
11.6.3 Inorganic Polymer Elastic Coating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Walls
11.10.2 Roofs
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solvent Type Elastic Coating
12.6.2 Emulsion Type Elastic Coating
12.6.3 Inorganic Polymer Elastic Coating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Walls
12.10.2 Roofs
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solvent Type Elastic Coating
13.6.2 Emulsion Type Elastic Coating
13.6.3 Inorganic Polymer Elastic Coating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Walls
13.10.2 Roofs
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Elastomeric Wall Coatings Market: Competitive Dashboard
14.2 Global Elastomeric Wall Coatings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sika Corporation
14.3.2 AkzoNobel
14.3.3 AcryLabs
14.3.4 National Coatings
14.3.5 Dunn-Edwards Paints
14.3.6 Nippon
14.3.7 Sherwin-Williams
14.3.8 ASTEC Paints
14.3.9 Dow Construction Chemicals
14.3.10 Euclid Chemical
14.3.11 Sika Corporation
