- The automotive industry also contributes to the growth of the market, as these coatings are used for protecting automotive surfaces from corrosion, abrasion, and weathering. In addition, the industrial sector utilizes elastomeric coatings for corrosion protection, chemical resistance, and anti-slip properties
- Technological advancements, such as the progress in eco-friendly and sustainable elastomeric coatings, are also driving the market.
- North America dominated the elastomeric coating market with the largest revenue share of 44.31% in 2024, propelled by rising investments in infrastructure refurbishment and stringent environmental regulations
- Asia-Pacific elastomeric coating market is anticipated to grow at the fastest CAGR of 14.11% from 2025 to 2032, supported by rapid urbanization, infrastructure development, and industrialization across emerging economies
- The acrylic elastomeric coating segment dominated the market with the largest market revenue share of 36.7% in 2024, owing to its superior UV resistance, excellent flexibility, and cost-effectiveness
