Who are the key players in Elastomeric Coating Market?
Major players are Henry, BASF SE, Dow Corning Corporation, Progressive Painting Inc., Sherwin Williams, PPG Industries, Mallard Creek Polymers, Rodda Paints, Inland Coatings.
Which region dominates the global elastomeric coating market?
The Asia-Pacific region, comprising countries like China and India, dominates the global elastomeric coating market.
What factors contribute to Asia-Pacific's dominance in the elastomeric coating market?
Asia-Pacific's dominance in the elastomeric coating market can be attributed to the growing construction and infrastructure industries in countries like China and India. These countries have massive construction plans and investments in place to support the development of smart cities and infrastructure projects. The increasing construction activities create a significant demand for elastomeric coatings, leading to the region's market dominance.
What is driving the demand for elastomeric coatings in the market?
The rising demand for "go green" and sustainability is a significant driver for the elastomeric coating market. The need to reduce carbon footprints and comply with environmental regulations has led to an increased focus on environmentally friendly building materials, including elastomeric coatings.