Title: Polyurea Market price trends for 2017 & forecast to 2022
1Polyurea Market Study, from 2014, 2016 - 2022
Market size 950Mn in
2014 Market size Projected 1.5Bn by 2022 Gain
rate expected 6 CAGR
2Polyurea Market Study Table of Contents-
- Methodology Scope
- Executive Summary
- Polyurea Market Industry Insights
- Polyurea Market Industry Product Insights
- Polyurea Market Industry Regional Insights
- Company Profiles
- 64 Tables
- 42 Figures
- Detailed Table of contents _at_
- https//www.gminsights.com/toc/detail/polyurea-mar
ket
Key market players include BASF SE, PPG
Industries, Specialty Products Inc., Bayer
(Covestro), and Huntsman Corp.
3Global Market Scenario of Polyurea Industry
- Polyurea market size could be in excess of USD
1.5 billion by 2022 as reported in a new study
by Global Market Insights, Inc. - Growth is primarily driven by the developing
application segments such as construction and
industrial uses. Infrastructural developments
such as residential and commercial buildings,
roads, bridges, parking lots, etc. will bolster
the global polyurea market in the forecast
timespan. China, U.S., India, and Japan
construction market is expected to account for
close to half of the overall USD 8 trillion
construction market by 2030. Construction
spending in Asia Pacific due to high number of
government and non-government projects and its
rising trend will drive the polyurea market size
in the upcoming years. - Inherent inertness of the product to several
chemicals and fluids promote its application in
the industries where it can be installed in less
than 24 hours because of its rapid curing
property. It finds extensive application in
lining the storage and containment tanks for oil
gas, radioactive materials, food beverages,
etc. Industrial applications generated around USD
300 million for 2014.
4Continue.....
- Rapidly flourishing industrial environment and
growing automotive industry of Asia Pacific will
also support the overall polyurea market growth
in the next few years. Industrial applications
include waterproofing and corrosion resistance of
pipelines, providing chemical and impact
resistance to tanks and reservoirs, machineries,
etc. - Another important driving factor for the global
polyurea market will be the superior quality in
comparison to epoxy coating. Higher durability
and flexibility along with UV stability, high
tensile strength, impact resistance, chemical and
oil resistance, faster curing time, and easy
application techniques gives the product an upper
hand in the coating industry, and will boost
global polyurea market up to 2022. - Polyurea market may be hindered due to low
product variety on a commercial level and lack of
marketing. Due to increasing commoditization, the
product sustainability is weakened.
Latest Research Report On Polyurea
Market_at_ https//www.gminsights.com/industry-analys
is/polyurea-market
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6360 Industry Analysis
- Product Analysis-
- Raw materials segments are categorized into
aromatic and aliphatic, on the basis of the
isocyanate used in manufacturing. Aromatic
polyurea are sensitive to UV light and are often
coated with an aliphatic layer to provide UV
stability. Aromatic polyurea generated more than
USD 700 million, accounting for around three
quarters of the global polyurea market size. - Polyurea coating is the leading product segment,
with over USD 600 million in sales. These
coatings find extensive application in the
construction industry for waterproofing of
rooftops, walls, and floors.
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7Regional Analysis Asia Pacific leads the global
market based on increasing constructional
activities and rapid industrialization. Global
shift of the manufacturing sector towards Asia
Pacific is expected to boost the global polyurea
market, which generated over USD 350 million in
the region. It will also be the fastest growing
region, with the CAGR forecast to be around 7 up
to 2022. North America, led by the U.S. polyurea
market, accounted for over a fifth of the global
revenue, registering more than USD 200 million in
2014. Competitive Analysis Key market players
include BASF SE, PPG Industries, Specialty
Products Inc., Bayer (Covestro), and Huntsman
Corp.
8 Latest Research Report On Polyurea
Market_at_ https//www.gminsights.com/industry-analys
is/polyurea-market Download Report Sample
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