Elastomeric Coatings Market: Developed Vs Developing Nations Aug 2016 | Page 3
Elastomeric Coating Market: Global
Forecasts to 2021
“Rising demand in Asia-Pacific is the major driver of elastomeric coating market“
The high demand in Asia-Pacific is expected to be the major driver of the global elastomeric
coating market. China is expected to lead the Asia-Pacific market in terms of demand for
elastomeric coating due to the increased industrial production of elastomeric coating raw
materials such as acrylic, polyurethane, silicone, and butyl in the last 3–4 years.
In the process of determining and verifying the market size for several segments and sub
segments gathered through secondary research, extensive primary interviews were
conducted.
The break-up of primary interviews is given below.
By Company Type - Tier 1 – 58%, Tier 2 – 33%, and Others – 9%
By Designation - C level – 50%, D level – 33%, and Others – 17%
By Region - North America – 33%, Europe – 30%, Asia-Pacific – 14%, South America –
14%, and the Middle East & Africa -9%
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