Polyurea Coating Market by Type (Pure, Hybrid), by Raw Material (Aromatic Isocyanate, Aliphatic Isocyanate), by Technique (Spraying, Pouring) by Application (Building & Construction, Automotive, Others), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2020 to 2027)

Polyurea Coating Market - Global Industry Analysis and Forecast 2020 to 2027

Polyurea Coating Market: Summary

The Global Polyurea Coating Market is projected to reach a value of over USD 1.7billion by 2027 at a CAGR of around 9.4%.

Polyurea coating isproduced by reacting an isocyanate with a resin blend that forms a rubber-like substance, which coats the substrate. These types of coating are applied to improve the performance efficiency of the substance and are compatible with various substances such as metal, wood, concrete, and others in a wide range of humidity and temperature. Moreover, these materials are eco-friendly and do not contain any volatile organic compound (VOC) making it popular in green buildings. Epoxy, vinyl ester, Polyurethane PU, and polychloroprene coating are various conventional coating available in the market.

Polyurea Coating Market

Polyurea Coating Market: Drivers & Restraint

Market Driver:

  • Increasing Demand by Various End-use Industries

The demand for polyurea coating from various end-use industries is increasing rapidly due to its various advantages offered by the coating. High-temperature resistance, high tensile strength, high chemical resistance, good adhesion to many substrates, rapid application by spray technology, tack-free within minutes, and others. Moreover, its eco-friendly nature and does not emits harmful volatile organic compounds (VOC) making in popular in building & construction, and automotive. Thus, various advantages and properties of polyurea coating haveexpected to surge the demand by various end-use industries.

Market Restraint:

  • Availability of Substitute 

The availability of a substitute in the market isanticipated to hinder the growth of the polyurea coating market during the forecasted period. For instance, Epoxy coating has properties of polyurea such as abrasion resistance, corrosion resistance, waterproofing and chemical resistance. Moreover, epoxy are available at a lower price as compared to polyurea coating due to which manufactures in various industries are tending to use this product.  Thus, the availability of substitute has expected to hamper the growth of the product market.

Polyurea Coating Market: Key Segments

  • Segmentation based ontype: Pure Polyurea Coatings, andHybrid Polyurea Coatings.
  • Segmentation based on raw material: Aromatic Isocyanate, andAliphatic Isocyanate.
  • Segmentation based on raw material: Spraying, Pouring, andHand Mixing.
  • Segmentation based on application: Building & Construction, Automotive, Industrial, Chemical,and Others.
  • Segmentation based on region covers:North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Polyurea Coating Market: Report Scope

The report on the Polyurea Coatingmarket covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million), Volume (Thousand Liter)

Segments Included

Type, Raw Material, Technique, Application, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • PPG Industries, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • The Sherwin-Williams Company
  • Nukote Coating Systems
  • VersaFlex Incorporated
  • Armorthane
  • Wasser Corporation
  • Rhino Linings Corporation
  • KUKDO CHEMICAL CO., LTD.
  • VIP Coatings International GmbH & Co. KG
  • Teknos Group
  • TECNOPOL SISTEMAS SL
  • Prokol
  • Cipy Polyurethanes Pvt. Ltd.
  • Stahl Holdings B.V.
  • Ultimate Linings
  • Other Key Companies

Polyurea Coating Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Polyurea Coating Market, by Type

  • Pure Polyurea Coatings
  • Hybrid Polyurea Coatings

Polyurea Coating Market, by Raw Material

  • Aromatic Isocyanate
  • Aliphatic Isocyanate

Polyurea Coating Market, by Technique 

  • Spraying
  • Pouring
  • Hand Mixing

Polyurea Coating Market, by Application

  • Building & Construction
  • Automotive
  • Industrial
  • Chemical
  • Others

Polyurea Coating Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Polyurea Coating Market Providers
  • Polyurea Coating Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Polyurea Coating Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE POLYUREA COATING MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Demand From Various End-use Industries
      2. Polyurea Coating Replacing other Competitive Coating System
      3. Technological Advancement in Techniques & Processes involved in Manufacturing
      4. Lower Manufacturing Cost
    3. Restraint
      1. Availability of Substitute
    4. Opportunities
      1. Growing Opportunities in from Emerging Markets
    5. Challenges
      1. High Health Risk Associated with Application Process
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL POLYUREA COATING MARKET BY TYPE, Market Size in USD Million &  Volume in (Thousand Liters)(2019-2027)
    1. Introduction
    2. Pure Polyurea Coatings
    3. Hybrid Polyurea Coatings
  7. GLOBAL POLYUREA COATING MARKET BY RAW MATERIAL, Market Size in USD Million &  Volume in (Thousand Liters) (2019-2027)
    1. Introduction
    2. Aromatic Isocyanate
    3. Aliphatic Isocyanate
  8. GLOBAL POLYUREA COATING MARKET BY TECHNIQUE, Market Size in USD Million &  Volume in (Thousand Liters) (2019-2027)
    1. Introduction
    2. Spraying
    3. Pouring
    4. Hand Mixing
  9. GLOBAL POLYUREA COATING MARKET BY APPLICATION, Market Size in USD Million&  Volume in (Thousand Liters) (2019-2027)
    1. Introduction
    2. Building & Construction
    3. Automotive
    4. Industrial
    5. Chemical
    6. Others
  10. GLOBAL POLYUREA COATING MARKET BY REGION, Market Size in USD Million &  Volume in (Thousand Liters)(2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  12. COMPANY PROFILES
    1. PPG Industries, Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
    2. The Sherwin-Williams Company
    3. Nukote Coating Systems
    4. VersaFlex Incorporated
    5. Armorthane
    6. Wasser Corporation
    7. Rhino Linings Corporation
    8. KUKDO CHEMICAL CO., LTD.
    9. VIP Coatings International GmbH & Co. KG
    10. Teknos Group
    11. TECNOPOL SISTEMAS SL
    12. Prokol
    13. Cipy Polyurethanes Pvt. Ltd.
    14. Stahl Holdings B.V.
    15. Ultimate Linings.
    16. Other Key Companies
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : CM 0121

Published : July, 2020


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