ELASTOMERIC COATING MARKET ANALYSIS
Market- Trends
Wall coating product segment is expected to remain dominant in the global elastomeric coating market, due to its wide application in the construction industry. Wall coatings offer properties such as water resistance to the surface. Roof coatings offer numerous advantages such as high tensile strength, thermal emissivity, dirt resistance, substrate adhesion, and solar reflectivity. This has increased the consumption of roof coatings in the last few years, which has augmented growth of elastomeric coating market. Acrylic coatings are used in wall coatings, roof coatings and also for surface coatings and thus, remains the most widely used elastomeric coatings product. Acrylic coatings provide excellent color retention property in outdoor conditions.
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