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Polyurea Coating Market is expected to reach approximately USD 1358.12 million by 2023 Top Key players Sherwin-Williams, Armorthane Inc, Lonza Group, Nukote Coating Systems Intl LLC, Rhino Linings, Albemarle Corporation, VersaFlex Inc

Polyurea Coating Market is expected to reach approximately USD

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.

Top Key Vendors: 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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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.

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.

Technology Outlook and Trend Analysis

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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.

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.

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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Table of Content:

Global “Global Polyurea Coating Market” Research Report 2018-2023

Chapter 1: Industry Overview

Chapter 2: Polyurea Coating International and China Market Analysis

Chapter 3: Environment Analysis of Polyurea Coating

Chapter 4: Analysis of Revenue by Classifications

Chapter 5: Analysis of Revenue by Regions and Applications

Chapter 6: Analysis of Polyurea Coating Revenue Market Status.

Chapter 7: Analysis of Polyurea Coating Industry Key Manufacturers

Chapter 8: Sales Price and Gross Margin Analysis

Chapter 9: Marketing Trader or Distributor Analysis of Polyurea Coating Market

Chapter 10: Development Trend of Polyurea Coating Industry 2018-2023

Chapter 11: Industry Chain Suppliers of Polyurea Coating with Contact Information

Chapter 12: New Project Investment Feasibility Analysis of Polyurea Coating

Chapter 13: Conclusion of the Global Polyurea Coating Market Research Report

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