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Polyurea Coatings Market to Witness Huge Growth by Key Players: PPG Industries Inc, The Sherwin-Williams Company, Nukote Coating Systems, VersaFlex Incorporated, Armorthane Inc, Wasser Corporation, Rhino Linings Corporation, Kukdo Chemical Co ltd, Voelkel

05-08-2020 03:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Polyurea Coatings Market to Witness Huge Growth by Key Players:

According to Market Study Report, Polyurea Coatings Market provides a comprehensive analysis of the Polyurea Coatings Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry.This report also provides market landscape and market share information in the Polyurea Coatings Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Polyurea Coatings Market size is expected to grow from USD 885 Million in 2020 to USD 1,481 Million by 2025, at a CAGR of 10.8% between 2020 and 2025. This report spread across 147 pages, profiling 10 companies and supported with 140 tables and 40 figures are now available in this research.

Top Key Players Profiled in the Polyurea Coatings Market:
o BASF SE (Germany)
o Syngenta AG (Switzerland)
o BayerAG (Germany)
o Marrone Bio Innovation (US)
o Novozymes A/S (Denmark)
o Nufarm (Australia)
o Som Phytopharma India Ltd (India)
o Camson Biotechnologies Ltd (India)
o BioWorks Inc. (US)
o Valent Biosciences (US)
o Andermatt Biocontrol AG (Switzerland)
o Valent Biosciences LLC (US)
o International Panaacea Ltd (India)
o Futureco Bioscience S.A.
o BioSafe Systems, LLC. (US)
o Vestaron Corporation (US)
o Kan Biosys (India)
o SDS Biotech K.K(Japan)
o KilPest India Ltd (India
o Certis US LLC (US)
o Biobest Group NV (Belgium)

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"Based on raw material, the aromatic isocyanate segment is expected to lead the polyurea coatings market during the forecast period."
Based on raw material, the aromatic is ocyanate segment accounted for the largest share of the polyurea coatings industry in 2019, in terms of both volume and value.The aromatic isocyanate-based polyurea coatings segment is highly dependent on the growth of its end-use industries, including transportation, building & construction, marine, and industrial.

"Based on type, the hybrid segment is expected to lead the polyurea coatings market during the forecast period."
The hybrid polyurea segment is projected to lead the polyurea coatings industry during the forecast period, in terms of volume.Hybrid polyurea coatings are moisture and temperature-sensitive due to the catalyst used in their formation. They have excellent abrasion resistance and adhesion to metal and concrete body or structure.

"Based on technology, the spraying segment is expected to lead the polyurea coatings market during the forecast period."
The spraying technology segment is projected to lead the polyurea coatings industry during the forecast period, in terms of both volume and value. In this technology, the two components isocyanates and resin blend, are pumped through storage drums/barrels into the spraying machine. With the help of this machine, the two components are brought to the required processing parameters at the accurate mix ratio of 1:1. This mixture is then sprayed onto the surface.

"The polyurea coatings industry in the APAC region is projected to witness the highest CAGR during the forecast period."
APAC is the fastest-growing market for polyurea coatings.The economic growth of emerging countries, such as China, India, Taiwan, Indonesia, Vietnam, and Malaysia, is projected to drive the demand for polyurea coatings in the APAC region. China is expected to lead the polyurea coatings market in the APAC region. Factors such as the availability of cheap labor& raw materials, low taxes, and less stringent environmental regulations are driving the growth of the polyurea coatings industry in China.

Breakdown of primary participants' profile:
o By Company type: Tier 1 - 60%, Tier 2 - 30%, and Tier 3 - 10%
o By Designation: C Level - 30%, Director Level - 60%, and Others - 10%
o By Region: North America - 35%, Europe - 20%, APAC - 30%, South America - 5%, and Middle East & Africa - 10%

Competitive Landscape of Polyurea Coatings Market:
1 Overview
2 Market Ranking
3 Competitive Leadership Mapping, 2019
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Strength Of Product Portfolio
5 Business Strategy Excellence
6 Competitive Scenario
6.1 Merger & Acquisition
6.2 Investment & Expansion

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Reason to access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall polyurea coatings market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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