GLOBAL ELASTOMERIC COATINGS MARKET FORECAST WITH A CAGR OF 15 PERCENT THROUGH 2026


GLOBAL ELASTOMERIC COATINGS MARKET FORECAST WITH A CAGR OF 15 PERCENT THROUGH 2026 

The global elastomeric coating market is valued approximately $8.9 billion in 2018, and is anticipated to grow with a healthy growth rate of more than 15 percent over the forecast period 2019-2026, according to Market Insight Reports. Elastomeric derives from the term an elastomer that can be described as a polymer holding viscosity alongside elasticity and fragile inter-molecular forces. The regional analysis of the global elastomeric coating market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the rest of the world. North America is the significant region across the world in terms of market share owing to rise in expenses on repair and renovation and roof proofing as a preventive measure. Whereas, Asia-Pacific is also anticipated to exhibit a highest growth rate/CAGR over the forecast period 2019-2026. Factors such as robust growth in the construction industry, rapid industrialization and urbanization, and rapid automobile manufacturing goals would create lucrative growth prospects for the elastomeric coating market across Asia-Pacific region. Apart from this, emerging economies such as India and China are expected to create significant growth opportunity in the market over the forecast period. However, fluctuation in raw material prices impedes the growth of the market over the forecast period of 2019-2026. Superior performance and high demand of energy efficient roof systems are key driving forces of the market growth. Furthermore, rapid industrialization and investment in the construction industry are expected to drive the market growth over the forecast period. Further, other operational advantages of elastomers are slip resistance, puncture resistance, waterproofing and microbial protection. Thus, it is used across medical and healthcare facilities, commercial retail stores and others. Elastomeric coatings are used to provide a tough exterior finish to cladding, flooring, wall, plastic substrates and metal. These coatings have higher film thickness compared to conventional coatings and paints. It is a rubber-like polymer that indicates its elasticity property, flexibility and durability at the time of loading. Major market players included in this report are: BASF SE; Henry; PPG Industries Inc.; The Dow Chemical Company; Nippon Paints; Progressive Painting Inc.; The Sherwin-Williams Company; Jotun A/S; Clariant; and Rodda Paints.

Comments

Post a Comment

Popular posts from this blog

ReTyre: Tyres Can Now Be Simply Zipped On. டயர்கள் இப்போது வெறுமனே ஜிப் செய்யப்படலாம

Image
ReTyre: Tyres Can Now Be Simply Zipped On ReTyre claims that they have created the world's first modular tyre system. It is quite easy to change the suspension setting, tyre pressure considering the different riding conditions and even the riding kit but changing the tyre tread has not been an easy task like the rest. Basically, there is a base tyre, ReTyre and a slick road tyre that can be used on tarmac surfaces but it also has zips on the the sidewall, above the rim. The manufacturer claims that additional skins with different tread pattern covers the Retyre with the help of the zip on the sidewall. There are 4 different skins for different terrains such as the Winter Traveller, Trail Rider, Gravel Chaser, Ice Rider. The best part is that the skins can be fitted without removing the wheel and can be easily stored too. The question which comes into everybody's mind is whether the zippers can withstand the torture from riding on different terrains, and the answer to it is ...
Read more

J J Murphy: Kerala’s Rubber Man

Image
J J Murphy: Kerala’s Rubber Man “On a rainy day in Ooty, South India’s famous hill station, some nuns were walking along a road in the cold. Suddenly, a car stopped by and the gentleman driving it offered them a lift. He asked why they were not using a vehicle in such inclement weather. The nuns replied that their convent did not have one. The next day, a local dealer delivered a brand new Dodge car to the convent. The astonished nuns thanked the donor. They also told him they could not keep the vehicle because there was no money to engage a driver or to buy petrol. The gentleman assigned a driver on his payroll to the convent. He also instructed a petrol bunk to forward the convent’s bills to his office.” This is an anecdote about a man you’ve probably never heard of – an Irishman named John Joseph Murphy (1872 – 1957). But in the rubber plantations of Kerala, Murphy is a legend. A planter who arrived in India at a very young age, it was Murphy who set up India’s first commercially su...
Read more

FILL FACTOR

In the rubber mixing process, especially for internal mixers like a 110-liter volume mixer, the recommended fill ratio typically falls within the range of: Fill Ratio: 65% to 85%The fill factor or fill ratio is typically calculated as: Fill Ratio (%) = (Batch Weight / Mixer Chamber Volume) × (Specific Gravity of Compound) × 100 Example: Mixer Volume = 110 liters Target Fill Ratio = 75% Specific Gravity of Rubber Compound = ~1.2 So: Batch Weight = (110 × 0.75) / 1.2 ≈ 68.75 kg This means around 68–72 kg would be an optimal batch weight for a typical compound with SG ~1.2 in a 110 L mixer.
Read more