Polyurea Coatings Market Projected to Register 9.0% CAGR through 2029 - PowerPoint PPT Presentation

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Polyurea Coatings Market Projected to Register 9.0% CAGR through 2029

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Future Market Insights offers vital insights concerning to the global polyurea coatings market, and delivers exclusive information through structured market research. The report titled, 'Polyurea Coatings Market: Global Industry Analysis 2014–2018 and Opportunity Assessment 2019–2029', estimates the market and forecasts the forthcoming market scenario on the basis of type, isocynate type, application, and region. The global polyurea coatings market was valued nearly US$ 600 Mn in terms of value at the end of 2018, and is expected to surpass US$ 1,500 Mn by the end of the forecast period, registering a CAGR of over 9.0%. – PowerPoint PPT presentation

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Title: Polyurea Coatings Market Projected to Register 9.0% CAGR through 2029


1
Polyurea Coatings Market
  • March 2020

Report Id REP-GB-9653 Published On
June-2019 Category Chemicals and Materials
2
About Future Market Insights
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3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
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  • Channel study
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  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
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  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Polyurea Coatings Market Analysis
  • Future Market Insights offers vital insights
    concerning to the global polyurea coatings
    market, and delivers exclusive information
    through structured market research. The report
    titled, 'Polyurea Coatings Market Global
    Industry Analysis 20142018 and Opportunity
    Assessment 20192029', estimates the market and
    forecasts the forthcoming market scenario on the
    basis of type, isocynate type, application, and
    region. The global polyurea coatings market was
    valued nearly US 600 Mn in terms of value at the
    end of 2018, and is expected to surpass US 1,500
    Mn by the end of the forecast period, registering
    a CAGR of over 9.0.
  • The global polyurea coatings market is segmented
    on the basis its type into pure polyurea and
    hybrid polyurea. On the basis of type, the hybrid
    polyurea segment is a prominent segment in the
    global polyurea coatings market, as it has a
    lower price range and also various application
    areas. However, the pure polyurea coatings
    segment is projected to witness healthy growth
    during the forecast period. Rising environmental
    concerns towards the risks associated with VOC
    content coatings, and shifting trend towards the
    adoption of advanced as well as eco-friendly
    coating technologies to drive the demand for
    polyurea coatings.

5
Polyurea Coatings Market Analysis
  • Rapid Industrial Growth to Propel the Polyurea
    Coatings Market
  • Polyurea coatings are primarily used for
    waterproofing and corrosion-protection purposes.
    Polyurea coatings are used for the waterproofing
    of roofs, walls, and floors in the building
    construction industry. Polyurea coatings are also
    used as bridge coatings for corrosion protection
    as well as waterproofing. Therefore, the growing
    building and construction industry and increasing
    infrastructural development, especially in
    developing nations, are expected to drive the
    growth of the polyurea coatings market.
  • Polyurea coatings are used as pipeline coatings,
    tank coatings, and also for coating machinery
    equipment in various industries such as
    chemicals, oil gas, mining, water supply
    treatment, etc. Hence, rapid industrialization
    across the globe will positively influence the
    polyurea coatings market. Increasing
    environmental awareness pertaining to VOC
    emissions will act as prime driving factor for
    the polyurea coatings market. Growing automotive
    production will elevate the demand for polyurea
    coatings, as they are used as anti-scratch and
    anti-corrosive coatings. Growing urban
    population, rising GDP growth of developing
    countries, and increased consumer spending are
    expected to indirectly drive the growth of the
    polyurea coatings market.

6
Polyurea Coatings Market Analysis
  • Polyurea coatings cure quickly and are highly
    reactive. The application of polyurea coatings on
    wet surfaces may cause poor adhesion on the
    surface. Thus, the surface requires adequate
    amount of drying time before the application of a
    polyurea coating. Moreover, the cost of
    application of polyurea coatings is much higher,
    owing to the cost of the spraying equipment. The
    handling of such equipment requires skilled
    labourers and technicians. The aforementioned
    factors might hamper the growth of the polyurea
    coatings market.
  • South Asias Market for Polyurea Coatings to
    Witness Lucrative Growth Prospects
  • From a regional perspective, Europe and North
    America are prominent markets for polyurea
    coatings, due to the increasing demand for
    advanced and eco-friendly coatings because of
    stringent environmental regulations pertaining to
    VOC emissions. Increasing government initiatives
    for the adoption of advanced coating technologies
    due to rising environmental awareness in regions
    such as East Asia and South Asia are expected to
    drive the demand for polyurea coatings in South
    Asia and East Asia. South Asia is estimated to
    grow at a CAGR of over 11.

7
Polyurea Coatings Market
During the latter half of the forecast period,
East Asia is expected to surpass Europe in terms
of market value. Also, regions such as Latin
America are anticipated to witness substantial
growth during the forecast period, due to the
growth in building construction activities and
automotive production. Also, the markets in
regions such Oceania and the Middle East Africa
are expected to experience healthy growth during
the forecast period. Polyurea Coatings Market
Competition Landscape Some of the players stated
in the study of the global polyurea coatings
market are BASF SE, Huntsman Corporation, Teknos
Groups, DowDuPont Inc., Versaflex Incorporated,
Sherwin Williams Company, Pidilite Industries
Ltd., Covestro AG, PPG Industry Inc., and Rhino
Linings Corporation, among others. Press Release
Source https//www.globenewswire.com/news-release
/2019/06/11/1866853/0/en/Polyurea-Coatings-Market-
is-Projected-to-Grow-at-US-1-500-Mn-by-2029-Future
-Market-Insights.html
8
Polyurea Coatings Market
More from FMIs Chemicals Materials Market
Intelligence Bentonite Market Feldspar
Market Paraffin Wax Market   About Future Market
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For more insights on the Polyurea Coatings Market
, you can request a report sample with full TOC
at https//www.futuremarketinsights.com/reports/sa
mple/rep-gb-9657
9
Polyurea Coatings Market
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