Elastomeric Coatings Market Size

Elastomeric Coatings Market size was valued at USD 7.33 Billion in 2023 and is poised to grow from USD 7.89 Billion in 2024 to USD 14.17 Billion by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).

Elastomeric coatings are extensively used in building and construction applications to reduce heat absorption and reflect light in internal or external applications. They are also used in other industry verticals for similar purposes, and this is what drives its demand around the world. Growing investments in infrastructure development around the world and rising investments in novel materials research are estimated to bolster sales of elastomeric coatings over the coming years. Elastomeric coatings are also used to provide a protective finish to surfaces in automotive and industrial applications. Rapidly expanding automotive production activity and growing industrialization around the world are also estimated to favor elastomeric coatings market growth in the long run. Surging demand for affordable yet effective coatings around the world is also estimated to favor elastomeric coating demand across the forecast period and beyond.

US Elastomeric Coatings Market is poised to grow at a sustainable CAGR for the next forecast year.