Chlorinated Rubber Coatings Market – Future, Scope, Trends

The global chlorinated rubber coatings market is expected to grow at a steady CAGR during the forecast period. Chlorinated rubber is a non-flammable white powder chemical substance that is obtained by reacting carbon tetrachloride with chlorine. Chlorinated rubber coatings are fireproof, chemically stable, water resistant, and offer good adhesion, among others. These coatings function by increasing the hardness and reducing the reactivity with most of the chemicals, thereby forming a protective barrier against corrosion. The corrosion resistance property of chlorinated rubber coatings is one of the pivotal factors for its wide use in various industries. Moreover, the corrosion protection also makes them ideal for use in marine paints, thereby further propelling growth in the market.

The global chlorinated rubber coatings market is segmented based on type, application, company, and region. Based on application, the market can be fragmented into paints, lacquers, adhesives, and printing inks. Paints and Adhesives segments are expected to dominate the market during the forecast period owing to the growing investments in infrastructural developments.

Regionally, the chlorinated rubber coatings market is gaining traction and expanding to various regions including Asia-Pacific, North America, South America, Europe, and the Middle East & Africa. Among these regions, Europe region is anticipated to dominate the overall chlorinated rubber coatings market owing to the growing product applications, particularly in traffic paints, in western European countries.

The major players operating in the chlorinated rubber coatings market

1. PPG Asian Paints Private Limited
2. Promain Co Ltd
3. Pragati Paints & Allied Product
4. Firwood Paints Ltd.
5. Covestro AG
6. Interquad Group Ltd
7. Spencer Coatings Group Ltd
8. Kelley Technical Coatings, Inc.
9. RAMUC Pool and Deck Paint
10. Shanghai NH Trade Co., Ltd., and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

The objective of the Study:

• To analyze and forecast the market size of the global chlorinated rubber coatings market.
• To classify and forecast global chlorinated rubber coatings market based on type, application, company, and regional distribution.
• To identify drivers and challenges for the global chlorinated rubber coatings market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global chlorinated rubber coatings market.
• To conduct pricing analysis for the global chlorinated rubber coatings market.
• To identify and analyze the profile of leading players operating in the global chlorinated rubber coatings market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.

TechSci Research calculated the market size of the global chlorinated rubber coatings market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

• Chlorinated rubber coatings manufacturers and suppliers
• Market research and consulting firms
• Government bodies such as regulating authorities and policymakers
• Organizations, forums, and alliances related to chlorinated rubber coatings

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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Report Scope:

In this report, the global chlorinated rubber coatings market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
  • High Temperature
  • Low Temperature
• Market, By Application:

o   Paints

o   Lacquers

o   Adhesives

o   Printing Inks

• Market, By Region:
  • North America
    • United States
    • Mexico
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Russia
  • Asia-Pacific
    • China
    • India 
    • Japan
    • South Korea
    • Australia
    • Indonesia
  • Middle East & Africa
    • South Africa
    • Egypt
  • South America
    • Brazil

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global chlorinated rubber coatings market.