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The elastomeric coatings market size is forecast to increase by USD 564.8 billion at a CAGR of 3.27% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing consumption of thermoplastic elastomer coatings in the automotive industry due to their superior properties such as durability, flexibility, and resistance to extreme temperatures. Additionally, the burgeoning construction industry's demand for elastomeric coatings to enhance the durability and waterproofing of buildings is another growth factor. However, the market faces challenges due to the volatility in prices of raw materials, particularly oil and natural gas, which are key ingredients in the production of elastomeric coatings. Despite these challenges, the market is expected to continue its growth trajectory, fueled by the increasing demand for high-performance coatings in various end-use industries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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