Polyurea Coatings Market worth $2.0 billion by 2027
The report "Polyurea Coatings Market by Raw Material Type, Polyurea Type (Pure and Hybrid), Technology (Spraying, Pouring, Hand Mixing) and End-Use (Building & Construction, Transportation, Industrial, Landscape) - Global Forecast to 2027", size was USD 1.2 billion in 2021 and is projected to grow at a CAGR of 10.3% during the forecast period to reach USD 2.0 billion by 2027. PDF Download: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=152676861 Browse 318 market data Tables and 65 Figures spread through 274 Pages and in-depth TOC on "Polyurea Coatings Market” View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/polyureacoatings-market-152676861.html Polyurea coating technology continues to develop, it is expected to substitute the existing coating technologies, such as epoxy and polyurethane. Before polyurea coatings were introduced, polyurethane coatings used to deliver high cure rates when accumulated with catalysts. They were used in a number of industrial and commercial applications, but were sensitive to moisture. Polyurea coatings, due to their superior properties, provide high-quality coating and gloss and are more consistent than other coating technologies. The aromatic segment is expected to account for the largest share of the polyurea coatings market, by raw material type, during the forecast period, in terms of value and volume. Based on raw material type, The acrylic segment is projected to be the largest resin type during the forecast period. Aromatic isocyanate-based polyurea has good physical properties with high-performance features along with abrasion and corrosion resistance for coating applications in the marine (boat hulls, docks, and others), construction (wall & floor coatings and others), industrial (machinery, containment, and others), and other industries. Building & Construction is expected to account for the largest share of in the polyurea coatings market, by end – use, during the forecast period, in terms of value and volume. Based on end – use, building & construction segment is estimated to account for the largest share of the market during the forecast period. The growth of the infrastructure sector and the development of the building & construction industry in the Asia Pacific region are expected to boost the polyurea coatings market in the region. China and India are likely to generate a positive impact on the market in the building & construction end-use industry. Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=152676861 Asia – Pacific polyurea coatings market is projected to register the largest market share during the forecast period. Asia Pacific is the fastest-growing market for polyurea coatings mainly due to the high economic growth, and heavy investment in industries such as automotive, marine, building & construction, and manufacturing. Kukdo Chemicals (South Korea), Asia Polyurethane (Singapore), and other leading global players are adopting various strategies to increase their market share in the region’s polyurea coatings market. Major players operating in the global polyurea coatings market include PPG Industries Inc. (US), SherwinWilliams Company (US). Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=152676861 Browse Adjacent Market: Coatings Adhesives Sealants and Elastomers Market Research Reports & consulting
Related Reports: Pu Coating Market Type (Solvent-borne, Water-borne, High Solids, Powder), End Industry (Automotive & Transportation, Wood & Furniture, Industrial, Textile, Construction, Electrical & Electronics) & Geography Trends & Forecasts to 2018 https://www.marketsandmarkets.com/Market-Reports/polyurethane-coatings-market-108831606.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Roads Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/polyurea-coatings.asp Research Insight: https://www.marketsandmarkets.com/ResearchInsight/polyurea-coatings-market.asp