Press release
Polyurea Coating Market 2018 Growth Market analysis by 2023 worth whooping CAGR 13.05% along with key insights Sherwin-Williams, Armorthane Inc, Lonza Group, Nukote Coating Systems Intl LLC, Rhino Linings, Albemarle Corporation, VersaFlex Inc, Kukdo Chemi
A new research report added Polyurea Coating Market focuses by Crystal Market Research analyzes the current and future prospects of the market. The report comprises comprehensive research based study executive summary with primary and secondary research.To view TOC of this report is available upon request @
https://www.crystalmarketresearch.com/report/polyurea-coating-market
Application Outlook and Trend Analysis
Building and construction section ruled the market with more than 40.0% share in 2015. Expanded usage of these covering to waterproof constructions is probably going to move request over the estimate time frame. High resistance from humidity of the product expands its application scope in containment liners, roofing, membranes, car parking, and decks, offshores, and bridges, therefore increasing interest.
Competitive Insights
The leading players in the market are Sherwin-Williams, Armorthane Inc, Lonza Group, Nukote Coating Systems Intl LLC, Rhino Linings, Albemarle Corporation, VersaFlex Inc, Kukdo Chemical, PPG Industries, Wasser Corporation and Specialty Products Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Industry Trend Outlook -
The Polyurea Coatings Market was worth USD 450.3 million in 2014 and is expected to reach approximately USD 1358.12 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 13.05% during the forecast period. Polyurea Coatings helps in security of the substrates including concrete, metal, and wood from unfavourable climatic conditions. These are utilized in of manufacturing, construction and transportation divisions by virtue of superior characteristics including excellent corrosion protection and good abrasion resistance. Additionally, polyurea coating are equipped for giving high prolongation and predominant elasticity which makes it appropriate for use over different counterparts. The product has been progressively supplanting other coating materials, for example, acrylic, epoxy, and alkyd coating as it is eco-friendly and has no VOC content. Rising significance of coating as a surface protection medium in aerospace, oil & gas, automotive and civil construction is foreseen to positively affect the business.
Regional Outlook and Trend Analysis
North America ruled the worldwide market with a share of more than 35.0% in 2015. Rising concern in regards to environment protection in construction and manufacturing enterprises, especially in Canada and Mexico is anticipated to fuel market request over the figure time frame. Moreover, presence of extraction and production (E&P) sites in Mexico and Canada with copious accessibility of minerals, for example, silver and gold are foreseen to advance the usage of polyurea coating.
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The Polyurea Coatings Market is segmented as follows-
By Raw Material:
Aliphatic Isocyanate-Based
Aromatic Isocyanate-Based
By Product:
Hybrid Polyurea
Pure Polyurea
By Technology:
Pouring
Spraying
Hand Mixing
By Application:
Industrial
Building & Construction
Transportation
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Raw Material Outlook and Trend Analysis
Based on raw materials the aromatic isocyanate-based polyurea coating commanded the worldwide market in 2015 because of the price of the product. Nonetheless, the interest for aliphatic isocyanate-based coating is anticipated to develop at a substantial rate because of properties, for example, expanded protection from UV radiation, high ductile and scraped area quality, and predominant surface finishes quality.
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Major Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Polyurea Coating Market, By Raw Material
5.1. Introduction
5.2. Global Polyurea Coating Sales, Revenue and Market Share by Raw Material (2014-2017)
5.2.1. Global Polyurea Coating Sales and Sales Share by Raw Material (2014-2017)
5.2.2. Global Polyurea Coating Revenue and Revenue Share by Raw Material (2014-2017)
5.3. Aliphatic Isocyanate-Based
5.3.1. Global Aliphatic Isocyanate-Based Sales and Growth Rate (2014-2018)
5.4. Aromatic Isocyanate-Based
5.4.1. Global Aromatic Isocyanate-Based Sales and Growth Rate (2014-2018)
6. Polyurea Coating Market, By Produc
6.1. Introduction
6.2. Global Polyurea Coating Sales, Revenue and Market Share by Product (2014-2017)
6.2.1. Global Polyurea Coating Sales and Sales Share by Product (2014-2017)
6.2.2. Global Polyurea Coating Revenue and Revenue Share by Product (2014-2017)
6.3. Hybrid Polyurea
6.3.1. Global Hybrid Polyurea Sales and Growth Rate (2014-2018)
6.4. Pure Polyurea
6.4.1. Global Pure Polyurea Sales and Growth Rate (2014-2018)
7. Polyurea Coating Market, By Technology
8. Polyurea Coating Market, By Application
9. Polyurea Coating Market, By Region
10. Company Profiles
…..CONTINUED FOR TOC
Technology Outlook and Trend Analysis
Spraying is a Spraying that is machine based which helps in decrease of application time of these coating, builds productivity, and permits to control covering thickness productively. The fragment ruled the worldwide market with share of more than 50.0% in 2015. Pouring technology, otherwise called casting, is anticipated to witness a considerable CAGR over the forecast period. The hand mixing procedure requires skilled work and is used for anti-static flooring, decorative flooring, and industrial floors.
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