Elastomeric (non-bituminous) coatings are excellent durable liquids which are used for multiple functions such as repairing leaks and providing insulation to the surface. The main purpose why these fluids are used is because it provides best waterproofing to virtually any surface. These coatings are used for variety of purposes which include crack bridging, high flexibility, waterproofing & weatherproofing as well as resistance to dirt. The main factor owing to the growth of this industry is advancing building and infrastructure facilities. Another important reason for the rise in elastomeric coatings market is its superior performance as compared to other coatings and tilt-up concrete in building construction market. There are different technologies and materials being used for achieving this purpose.
The Elastomeric coatings market has been segmented by type of resins, technology, application and geography exclusively. While there are many different components and coating materials in the industry, the classification of fluids based on the technology is done into the following classes; water-borne and solvent-borne. Based on the type of coating resins commercially available, the market is categorized into various categories such as acrylic, butyl, polyurethane, silicone and others. Each type varies greatly and the composition is different with different technical specifications. Elastomeric coating is being used in different applications such as roof coating, floor coating, wall coating and others.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. The elastomeric coatings market has been segmented in to four regions North America, Europe, Asia-pacific and Rest of the World. Competitive landscape for industry and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2015 are provided.
Sample Companies Profiled in this Report are:
- The Dow Chemical Company,
- Clariant AG.