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Worldwide Polyurea Coating Market By Raw Material -Global Industry Analysis and Forecast to 2023
North America ruled the worldwide Polyurea Coating 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.Crystal Market Research published “Polyurea Coating Market By Raw Material (Aliphatic Isocyanate-based, Aromatic Isocyanate-based), Product (Hybrid Polyurea, Pure Polyurea), Technology (Hand Mixing, Spraying, Pouring) and Application (Industrial, Building & Construction, Transportation, Others) - Global Industry Analysis and Forecast to 2023” from its database. The report reviews top companies involved and enlists all trials pertaining to the company.
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.
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Polyurea Coating Market-Competitive Insights
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
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Polyurea Coating Market-Product Outlook and Trend Analysis
The market is dominated by hybrid polyurea coating and is anticipated to develop at a significant CAGR of because of low cost and application in roofing, truck bed liners, flooring, pipeline, and marine applications. Pure polyurea coating are anticipated to encounter significant development over the figure time frame because of developing usage in framework applications including pilings and bridges.
Polyurea Coating Market-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.
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.
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
Polyurea Coating Market-Table of Contents
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Analysis by Regions
5. Polyurea Coating Market, By Raw Material
6. Polyurea Coating Market, By Product
7. Polyurea Coating Market, By Technology
8. Polyurea Coating Market, By Application
9. Polyurea Coating Market, By Region
10. Company Profiles
10.1. Versaflex Inc.
10.1.1. Business Overview
10.1.2. Product Portfolio
10.1.3. Strategic Developments
10.1.4. Sales, Revenue and Market Share
10.2. The Sherwin-Williams Company
10.2.1. Business Overview
10.2.2. Product Portfolio
10.2.3. Strategic Developments
10.2.4. Sales, Revenue and Market Share
10.3. Covestro
10.3.1. Business Overview
10.3.2. Product Portfolio
10.3.3. Strategic Developments
10.3.4. Sales, Revenue and Market Share
10.4. Nukote Coating Systems
10.4.1. Business Overview
10.4.2. Product Portfolio
10.4.3. Strategic Developments
10.4.4. Sales, Revenue and Market Share
10.5. Lonza Group AG
11. Global Polyurea Coating Market Competition, by Manufacturer
12. Polyurea Coating Market Forecast (2018-2023)
...
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