Elastomeric coating is higher volume solid as compared to conventional paints. The main advantage of elastomeric coatings is that it helps secure hairline cracks on the surface. These coatings tend to stretch on these surfaces and thus, provide basic protection to the applied surface from external damage. This has propelled the use of elastomeric coatings in the construction industry. Elastomeric coatings are used extensively on mineral surfaces which develop cracks due to temperature variation. Elastomeric coatings offer numerous advantages such as high solid residue as compared to paints, excellent physical and chemical resistance, and exceptional transparency, glossy finish when used with metals.

Elastomeric coatings have received increased acceptance amongst various end users due to properties such as enhanced durability and resistance to temperature variations unlike conventional paints. Elastomeric coatings are also used to coat the surface of plastic parts used in the automotive industry. Elastomeric coatings can also be applied on metals such as steel, which has a hydrophilic nature and if left unprotected can eventually leads to corrosion. Elastomeric coatings are also applied on roofs to provide cooling effect and protect concrete roofs from damage due to varying climatic conditions.

Elastomeric Coating Market Taxonomy

On the basis of type of product type global market is classified into:

Silicone

Butyl

Polyurethane

Acrylic

On the basis of application, the global market is segmented into:

Wall coatings

Horizontal surface coatings

Roof coatings

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Major Keyplayers: BASF SE, Progressive Paintings Inc., The Dow Chemical Company, Sherwin Williams Company, PPG Industries Inc., Industria Chimica Adriatica SpA, Nippon Paints, Clariant, The Valspar Corporation, and Rodda Paints

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