Rubber coatings are one of the prominent type of anticorrosive coatings which are widely used in variety of applications. Rubber coatings are generally impregnated or applied to a substrate or on a surface for decorative, protective or functional purposes. Rubber coatings are available in the form of different material type such as silicon rubber, neoprene, EPDM, butyl rubber and fluroelastomers among others.
Coating medium is an important factor of consideration for the selection of rubber coating materials. Rubber coatings are preferable because of its wear and tear resistance and sustainability in critical environmental conditions. Natural rubber as well as synthetic rubber are both used in the production of rubber coatings, but synthetic rubber is prevalently used as compared to natural rubber.
Owing to its versatile nature synthetic rubber coatings, are extensively used to create protective coatings on various materials as well as in caulking and weatherproofing. Rubber coatings are flexible, durable, and anti-corrosive and provide good sound insulation. Rubber coatings are widely used in different industries such as building & construction, automotive, marine, chemical & petrochemical, energy & power etc.
Request for PDF Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11738
Global Rubber Coatings Market: Dynamics
Metal and concrete are prominent materials used in building & construction industry, exposure of metal & concrete to extreme climatic conditions rises the chance of corrosion. Therefore rubber coatings are applied for corrosion protection in building & construction sector. Thus, the growth of building & construction industry due to growing population, rapid urbanization is primary factor responsible for the growth of rubber coatings market.
Anti-corrosion coatings are gaining significant traction from automotive & transportation industry. Hence, the rise in automotive production is expected to positively influence the rubber coatings market. The demand for chemicals & petrochemicals is escalating from various industries, the growth of the chemical & petrochemical industry is estimated up rise the demand for rubber coatings for corrosion protection.
Rapid industrialization across the globe has up surged the demand for anticorrosion coatings for protection of industrial machinery, which in turn is expected to have a positive impact on the demand of rubber coatings. Increasing oil & gas exploration activities is attributed to drive the growth of rubber coatings market.
Fluctuating prices of natural rubber and petrochemical feedstock might affect the pricing of rubber coatings. Changing regulatory scenario in coating industry is compelling the manufacturers to adopt environment friendly technologies. The aforementioned factors are anticipated to slowdown the market growth of rubber coatings market.
Global Rubber Coatings Market: Key Participants
Examples of some of the market participants operating in the global Rubber coatings market are:
BASF SE, DuPont, SABIC, Shin-Etsu Chemical Co., Ltd., Axalta Coatings Systems, PPG Industries, Inc., Akzo Nobel NV, Polycorp Limited, BERLAC MEXICO and Sherwin Williams Company among others.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-11738
Global Rubber Coatings Market: Segmentation
The global rubber coatings market is segmented on the basis of its material type:
- Silicone Rubber
- Neoprene
- Ethylene Propylene Diene Monomer (EPDM)
- Butyl Rubber
- Fluoroelastomers (FKM)
- Others
The global rubber coatings market is segmented on the basis of its formulation type:
- Solvent-based
- Water-based
The global rubber coatings market is segmented on the basis of its source:
- Natural
- Synthetic
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
