Elastomeric Coating is an incredibly thick yet flexible coating that helps waterproof the exterior of a structure, an above-grade exterior wall or roof coating that is approximately ten times thicker than paint. According to BlueQuark Research & Consulting, the global Elastomeric Coating market is expected to witness a significant growth rate during the forecasted period. Factors such as its growing demand in the building and infrastructure facilities to provide the best waterproofing to virtually any surface are expected to drive the need for the Elastomeric Coating market in the forecasted period. Further, the elastomeric wall coating application is expected to dominate the market for elastomeric coating, which makes them ideal to use as elastomeric wall coatings market in the construction sector. They are expected to drive the need for the Elastomeric Coating market during the forecasted period. Furthermore, elastomeric coatings can be suitably applied on plastic surfaces of automotive body components, as they are highly durable & keep the aesthetics unaltered. The elastomeric coating market report analyses the growth currently being owed to increase the superior performance of the Elastomeric coating market in the forecasted period. However, the high cost of products & the need for more increased dry film thickness will restrict the global market in the forecasted period.

Elastomeric Coating is generally used for commercial retail stores, medical & healthcare facilities, aviation & transportation, correctional facilities, educational institutes, factories, institutes, restaurants, & others.

Elastomeric Coating is currently driven by its growing usage in the building & construction industry since it has been the largest end-user of elastomeric coating past few years. The elastomeric coatings are Acrylic, polyurethane, silicone, butyl, polysulfide, vinyl polymers, & others. Advantages of elastomeric Coating are waterproofing, puncture resistance, slip resistance, & microbial protection. This has led to broader acceptance of Elastomeric Coatings for protecting the concrete, metal & plastic surfaces. Elastomeric Coatings bridge the cracks formed on exterior concrete walls, rooftops & stucco, thus preventing water from penetrating the constructed walls. These coatings provide resistance from the setting of dirt and dew formation & are stable under varying climatic conditions such as acid rain. Furthermore, these coatings provide resistance from settling dirt and dew formation and are stable under varying climatic conditions such as acid rain. Besides concrete substrates, elastomeric coatings are suitably applied on infrastructure steel rebar. Acrylic, silicone,& polyurethane polymers are the frequently used elastomeric coatings in the building & construction industry. These polymers have a high surface tension that causes the beading of water droplets & stops them from entering the interior concrete layers. Due to the exclusive utility of elastomeric coating, the building & construction industry is estimated to boost the demand for elastomeric Coatings.

Asia Pacific still largely rural, and the economic growth is set to faster with the ongoing urbanization. The rapid growth of the construction industry, as well as rising application from the developing economics of India & China further, leads to innovative opportunities in the elastomeric coating market in the forecast period. Building& Construction, automotive & textiles were the primary end-users of the global elastomeric coatings. Acrylic, polyurethane, and vinyl polymers are the critical elastomeric coatings consumed for coating applications in automotive plastic components. Excellent thermal resistance improved finishing, and uniform surface distribution are the chief characteristics of these coatings. Silicone is expected to be the most popular elastomeric coating, owing to the increasing consumption of silicone-based elastomeric coatings for roof protection against bad weather, standing water, and sun damage. Increasing demand for energy-efficient roof systems, rising applications in the form of tilt-up concrete, rapid industrialization, increased investment in advanced materials & growing automotive production is some of the critical factors that will tend to enhance elastomeric growth. Elastomeric Coatings are suitably applied on infrastructure steel raber. Steel is highly hydrophilic, which increases the chances of corrosion & carbonation when in contact with moisture & heat. Due to the hydrophilic characteristics of steel, elastomeric coatings are referred to due to outstanding durability & excellent metal adhesion. Significant applications of elastomeric coatings are in the field of industrials. Still, it has found mass market and appeal for its' use as a home building material in extreme weather conditions for its' cost-effectiveness and durability. Another green off-shoot is the home decor market, which is predicted to grow, and the Elastomeric Coating Market is a subset of this sector. These factors are expected to significantly impact the consumption of elastomeric coatings by increasing their preference over other industrial coatings and, hence, will drive the growth of the global elastomeric coatings market.

Some of the market's key players are BASF SE, 3M, Dow, Covestro AG, Huntsman, Toray Industries, and LyondellBasell Industries N.V.

March 31, 2021, PPG announced an agreement with Vizient, the nation's largest member-driven healthcare performance improvement company.

On May 17, 2021, PPG announced that it had completed its acquisition of Wörwag, a global coating manufacturer for industrial and automotive applications.

Global Elastomeric Coating Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Elastomeric Coating market by segmenting based on the Type (Acrylic, Polyurethane, Silicone, Butyl), Source (Solvent-Based Coating, Water Based Coating), Applications (Wall Coatings, Roof Coatings, horizontal/floor Coating, Others), End-User Industries (Building & Construction, Industrial, Automotive, Aerospace & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.