Elastomeric Coating Market Share

Elastomeric Coating Market Share

The competitive landscape of the elastomeric coating industry, featuring major players such as PPG Industries, Inc., The Sherwin-Williams Company, BASF SE, Dow Chemical Company, and Sika AG, reflects a moderately concentrated market with notable initiatives driving competition. While these companies contribute significantly to the industry's dynamics, there is still a degree of fragmentation with diverse product offerings and market shares. Competitive approaches among these key players encompass a mix of pricing strategies, distribution network strength, and continuous product innovation. Pricing remains a crucial aspect, with companies strategically positioning their Elastomeric Coating products to attract a broad customer base. Distribution channels play a vital role, particularly for global players like PPG Industries, Inc., The Sherwin-Williams Company, and BASF SE leveraging extensive networks to ensure widespread availability of their products.
 

Major companies have undertaken key initiatives to stay competitive. For instance, In May 2020, Nouryon introduced a new solution for the building and construction markets that improves the capacity of energy-saving "cool roof" coatings to reflect light and enhance their self-cleaning qualities.
 

Elastomeric Coating Market Companies

Major players operating in the market include:

• 3M Company
• Arkema Group
• BASF SE
• Benjamin Moore & Co.
• Dulux Group Limited
• Gaco
• Hempel A/S
• Jotun Group
• Nippon Paint Holdings Co., Ltd.
• Nouryon
• PPG Industries, Inc.
• Sika AG
• The Dow Chemical Company
• The Sherwin-Williams Company