Polyurea Market Size, Analysis | Industry Report, 2022

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Polyurea Market 2015 2022
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Global Market Scenario of Polyurea Market

• Polyurea market size is expected to reach 249.6
  kilo tons by 2022 growing at a CAGR of 4.8 from
  2015 to 2022.. 
• Increasing investments in infrastructure spending
  particularly in Asia Pacific is likely to drive
  polyurea market growth over the next seven
  years. 
• One of the key areas of application is in steel
  and concrete bridges. Since it has high tensile
  strength and elongation, it is well-suited for
  sealing cracks. It is a fast-set polymer as a
  result, it can be used in pavement marking and
  line striping.
• Asia Pacific is anticipated to lead the
  construction market and account for 39 of the
  total volume by 2018.
• https//www.gminsights.com/industry-analysis/pol
  yurea-market-size
•  

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• Increasing industrial coatings demand is likely
  to positively influence polyurea market size. Its
  linings are flexible, waterproof and
  environmentally friendly in nature. 
• It is used by landscape designers, wherein it is
  applied over geotextiles for reinforcement. This
  results in higher preservation and reduced
  maintenance costs.
• Superior advantages over other substitutes such
  as epoxy and polyurethane is likely to drive
  polyurea industry.
• It can last indefinitely and has excellent
  elongation properties, 50 times that of Epoxy. As
  a result, it is highly crack resistant and
  suitable for a variety of applications.
• https//www.gminsights.com/industry-analysis/polyu
  rea-market-size

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Europe polyurea market size, by raw material,
2012-2022 (KiloTons)
https//www.gminsights.com/industry-analysis/polyu
rea-market-size

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360 Analysis

• Application Analysis
• Construction applications led demand with market
  valuation of over USD 400 million in 2014. It
  serves as a joint-filling, sealing and caulking
  material which is applied in building joints,
  control joints and expansion joints in doors
  panels, perimeter joints and masonry floors.
• Regional Analysis
• Asia Pacific polyurea market size was the
  dominant region with valuation of over USD 350
  million in 2014 
• U.S. polyurea market share accounted for over 20
  of the total demand in 2014 and is likely to grow
  at moderate rates with an estimated CAGR of over
  4 up to 2022.
• Competitive Market Share
• The global polyurea market share is characterized
  by the presence of international and domestic
  industry participants. The market is likely to
  witness mergers acquisitions and proceed
  towards consolidation. Key companies operating
  include Bayer MaterialScience (Covestro),
  Huntsman Corporation, BASF, Specialty Products,
  Inc., and PPG Industries.

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