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2020-09-01
670
Global
Polyurea is an advanced coating technology with elastomeric and flexible formulation, but extremely strong, proving to be an amazingly versatile protective coating. The unprecedented growth of chemical industry all over the world is majorly driving the growth and advancement in the technology behind polyurea coatings. The demand of polyurea is continuously rising as compared to other coatings such as paint, epoxy, vinyl esters and fiberglass. In construction industry, the need for lightweight structures is one of the factors driving the demand of polyurea in construction industry. The polyurea elastomeric feature can help to avoid chipping, abrasion, moisture impacts and gouging. Moreover, its non-inflammatory property and absence of hazardous air pollutants has driven the growth in application of polyurea coatings. Polyurea coatings also have high application for waterproofing across multiple industries. For example, at the U.S. Army's Redstone Arsenal nearly 54,000 sq. ft. of polyurea waterproofing was applied to a potable water tank.
Hybrid polyurea segment acquired the largest market share of 55.6% in 2017 on the back of rising demand for water and temperature resistant polyurea application in large industries.
Based on geography, North America region accounted for the largest market share of 37.4% in 2017 due to the presence of mammoth manufacturing and construction industry with high demand for polyurea coating. Asia-Pacific is the next opportunistic region for the growth of polyurea coating market.
The report covers the present ground scenario and the future growth prospects of the polyurea coating market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global polyurea coatings industry analysis 2017-2030 has been carried out based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global polyurea coating market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Polyurea Coating Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Polyurea Coating Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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