Polyurea Coating Market: Size, Share, Growth Drivers, Key players, Trends & Scope Analysis By Product Type (Pure, Hybrid), By Raw Material, By Technology, By End-User Industry (Industrial, Commercial, Residential) & By Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa) for Forecast Period 2017-2025

Polyurea Coating Market 

Global Market Overview

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. Goldstein Research analyst forecast that the global polyurea coating market is set to reach nearly USD 1.5 billion by 2025, growing at a CAGR of 12.8% over the forecast period (2017-2025).

Polyurea Coating Market Segmentation

By Product Type

• Pure Polyurea
• Hybrid Polyurea

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.

By Raw Material

• Aromatic Isocyanate-Based
• Aliphatic Isocyanate-Based

By Technology

• Spraying
• Pouring
• Hand Mixing

By End-User Industry

• Industrial
• Commercial
• Residential

By Geography

• North America (U.S. & Canada) {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America) {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe) {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia) {Market Share (%), Market Size (USD Billion)}
• The Middle East & Africa (GCC, South Africa, North Africa, Romea) {Market Share (%), Market Size (USD Billion)}

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, expected to grow at a high CAGR of 13.1% over the forecast period.

Covered In This Polyurea Coating Market Report

The report covers the present ground scenario and the future growth prospects of the polyurea coating market for 2017-2025 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 2017-2025 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.

Our Global polyurea coating market research comprises of the following companies as the key players: BASF, PPG Industries, Nukote Coating Systems, VIP GmbH, Rhino Linings, Specialty Products, Inc., Kukdo Chemicals, Sherwin-Williams Company, Versaflex Inc., Wasser Corporation, etc.

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.

Key questions answered in this Global Polyurea Coating Market Report

• What is the total market size by 2025 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for global polyurea coating market
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• Position yourself to gain the maximum advantage of the global polyurea coating market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy, and prospects.