Prime Position SEO Guest Posting Global Polyurea Coatings Market Research Report | Size, Share & Growth

Global Polyurea Coatings Market Research Report | Size, Share & Growth

IMARC Group has recently released a new research study “Polyurea Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global polyurea coatings market size reached US$ 1.05 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.71 Billion by 2027, exhibiting a growth rate (CAGR) of 8.10% during 2022-2027.

Polyurea coating refers to a protective coating that is manufactured by using a combination of resin and liquid polyurethane. It is highly durable, resistant to chemicals, heat, and water, non-toxic in nature, environmentally friendly, etc. Polyurea coating is used for protecting wooden, concrete, and steel structures from abrasions and corrosion. In line with this, it aids in preserving a deteriorating concrete building, repairing canals, and keeping them intact. Polyurea coating offers several benefits, including quick cure and shortening of maintenance cycles. Consequently, it is widely replacing paint and fiberglass coatings across various applications, particularly in the construction of pools, theme parks, bathtubs, water parks, aquariums, reservoirs, facades, cabins, etc.

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Industry Definition and Application:

The growing number of infrastructural development activities is primarily augmenting the polyurea coatings market. Furthermore, the expanding construction and landscaping industries and the inflating levels of disposable income are positively influencing the global market. Apart from this, the widespread adoption of polyurea coating as a base coat in pumps, as it reduces cavitation and erosion while also improving pump performance, is acting as another significant growth-inducing factor. Moreover, continuous technological advancements in coating processes and techniques are further bolstering the market growth. Besides this, the rising utilization of premium waterproof coatings in residential buildings is catalyzing the global market. Additionally, the increasing investments in lining systems, such as landfill controls, for environmental protection, owing to the launch of favorable policies by government bodies to minimize high pollution levels, are expected to fuel the polyurea coatings market in the coming years.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Albemarle Corporation, ArmorThane USA Inc., BASF SE, Covestro AG, Huntsman Corporation, PPG Industries Inc., Rhino Linings Corporation, Specialty Products Inc., Teknos Group Oy, The Sherwin-Williams Company, VIP Coatings Intl Gmbh & Co. KG and Wasser Coatings.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

  • Pure Polyurea
  • Hybrid Polyurea

Breakup by Technology:

  • Spraying
  • Pouring
  • Hand Mixing

Breakup by Raw Material:

  • Aromatic Isocyanate-based
  • Aliphatic Isocyanate-based

Breakup by End Use Industry:

  • Building and Construction
  • Transportation
  • Industrial

Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

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