Polyurea Coatings Industry By Type (Pure Polyurea, Hybrid Polyurea), By Raw Material (Aromatic Isocyanate, Aliphatic Isocyanate), and By Technology (Spraying, Pouring, Hand Mixing)– Global Market Opportunity and Current Growth Analysis 2019-2025
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Product Code:
RP-ID-10079107 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
110 -
Category:
Chemicals -
Publisher:
Pub-ID-27
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Polyurea Coatings Industry was valued at USD 748Million in the year 2018. Global Polyurea Coatings Industry is further estimated to grow at a CAGR of 13.5% from 2019 to reach USD 1809 Million by the year 2025. North America region holds the highest Industry share and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At the country level, Canada and Mexico are projected to grow strongly in the coming years.
Major market players in Polyurea Coatings Industry are VersaFlex Inc., PPG Industries Inc., Sherwin-Williams Company, Rhino Linings Corporation, Kukdo Chemical Co. Ltd., Nukote Coating Systems, VIP GmbH, Specialty Products Inc., Albemarle Corporation, Huntsman Corporation, Covestra AG, BASF SE, Duraamen Engineered Types Inc., and Zhuhai Feiyang Novel Materials Corporation Limited.
The polyurea coating Industry classified on the bases of type, raw material, technology, application, and region. Based on the type, the polyurea coating Industry divided into pure polyurea and hybrid polyurea. Based on application, the polyurea coating Industry divided into building & construction, industrial, transportation and landscape. Building and construction dominate the Industry compared to others because of increasing the demand for waterproof buildings.
Based on raw material, the global polyurea coating Industry divided as aromatic isocyanate and aliphatic isocyanate. Based on technology, the polyurea coating Industry divided into spraying, pouring, hand mixing of which spraying application holds the highest Industry share in 2018 and is expected to grow with highest CAGR of XX% in the forecasted period
SWOT analysis of Polyurea Coatings Industry
Strength:
Growing use in end-user industry
Technological advancement
Weakness:
High R&D investment and cost
Opportunities:
Growing popularity and application
Threats:
Environmental regulations
Available substitute products
Polyurea Coatings Industry Segmentation
Polyurea Coatings Industry Overview, By Raw Material
• Aromatic Isocyanate
• Aliphatic Isocyanate
Polyurea Coatings Industry Overview, By Type
• Pure Polyurea
• Hybrid Polyurea
• By Technology
• Spraying
• Pouring
• Hand Mixing
Polyurea Coatings Industry Overview, By Application
• Building & Construction
• Transportation
• Industrial
• Landscape
Polyurea Coatings Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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