Global Chlorinated Rubber Coatings Market, By Type (High Temperature, Low Temperature), Application (Paints, Lacquers, Adhesives, Printing Inks), End Users (Architecture, Automotive, Aerospace, Electronics, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Chlorinated Rubber Coatings Market
The chlorinated rubber coatings market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 1,533.7 million by 2028 and grow at a CAGR of 7.5% in the above-mentioned forecast period.
Chlorinated rubber coatings (often referred to as chloroprene-based elastomeric polymers or CRP's) are the coatings for chlorinated rubber, which are water resistant, fireproof, are chemically stable and offer good adhesion among others. They basically increase the hardness and reducing the reactivity with most of the chemicals, thereby forming a protective barrier against corrosion.
The factors such as increasing use of chlorinated rubber coatings in building and construction, automotive, marine, chemical and petrochemical, energy and power are the root cause fueling up the market growth rate. Additionally, the numerous beneficial properties provided by these coatings such as fireproof, chemically stable, water resistant, offer good adhesion among others will further carve the way for the growth of market. However, the fluctuating prices of natural rubber and petrochemical feedstock impede growth of the chlorinated rubber coatings market.
The growing applications of chlorinated rubber coatings in the construction industry and constant developments by manufacturers are estimated to generate numerous opportunities for the market. On the flip side, the lockdown restrictions due to COVID-19 are expected to disrupt the construction activities pose as a major challenge to the growth of the chlorinated rubber coatings market.
This chlorinated rubber coatings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on chlorinated rubber coatings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Chlorinated Rubber Coatings Market Scope and Market Size
The chlorinated rubber coatings market is segmented on the basis of type, application and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the chlorinated rubber coatings market is segmented into high temperature and low temperature.
- Based on application, the chlorinated rubber coatings market is segmented into paints, lacquers, adhesives and printing inks.
- Based on end users, the chlorinated rubber coatings market is segmented into architecture, automotive, aerospace, electronics and others.
Chlorinated Rubber Coatings Market Country Level Analysis
The chlorinated rubber coatings market is analyzed and market size, volume information is provided by type, application and end users as referenced above.
The countries covered in the chlorinated rubber coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is estimated to dominate the chlorinated rubber coatings market owing to the expansion of automotive industry and growing construction activities within the region. North America, on the other hand, will continue to however show lucrative growth within the forecast period owing to the speedy industrial growth and rise in construction activities.
The country section of the chlorinated rubber coatings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Chlorinated Rubber Coatings Market Share Analysis
The chlorinated rubber coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to chlorinated rubber coatings market.
Some of the major players operating in the chlorinated rubber coatings market report are BASF SE, DIEFFENBACHER GMBH Maschinen- und Anlagenbau, JNC Corp, DOW, Koninklijke Dsm N.V, 3M Co, Heubach Color, The Magni Group, Wacker Chemie AG, SK Formulations India, Bluechem Group, Ancatt Inc., S.M. Adhesives., Renner Herrmann S.a, PPG Industries, Inc., Akzonobel N.V., The Sherwin-Williams Company, Axalta Coating Systems Ltd, Kingfa Science & Technology (India) Limited., Owens Corning, TORAY INDUSTRIES, INC., Momentive, LANXESS, SABIC, PPG Industries, Inc, Avient Corporation, Daicel Corporation among others.
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