The market is witnessing significant growth owing to demand for foam coatings in construction industries.
Portland, OR -- (SBWIRE) -- 08/28/2017 -- Foam is a stable dispersion of a gas in a liquid medium that results when a surfactant layer forms around air bubbles and entrains them within it. Foams can be coated using a dip and nip coating process to apply a coating to the foam. Foam Coatings are defined as a polymer-modified, fiber-reinforced Portland cement based rigid coating used for rigid insulation panels, foam shapes, and insulated concrete form systems. Foam coatings include latex, PVC, acrylics, vinyl, activated carbon, and conductive carbon. Moreover, these coatings possess flame retardant and water-resistant properties and are increasingly used as colorants as well as surface coatings. Furthermore, they are widely applied on the surfaces such as primed wood, concrete block, primed fiberglass, papier mache, and muslin.
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The market is witnessing significant growth owing to demand for foam coatings in construction industries. Green environmental regulations coupled with increase in provision of durable coatings with enhanced performance boosts the market growth. Foam coatings also exhibit adhesive applications in vacuum seal applications, which is further expected to enhance the market growth. Furthermore, epoxy-based coatings prove to be environment friendly as it is insensitive to moisture and does not contain volatile organic compounds (VOCs), which further augment the market growth. However, environmental issues associated with discharge of wastewater is expected to deter the market growth.
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The report segments the foam coatings market on the basis of technology, resin type, end user, and geography. Based on technology, the market is divided into water based, solvent based, and powder based. Based on resin type, it is classified into acrylic, epoxy, polyurethane, and others (polyester and alkyd). By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.