Polyurea Coatings Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Polyurea coating is that derived from the reaction product of an isocyanate component and a resin blend componet. It has a composition which is a combination of the above-mentioned two coating systems. The isocyanate component can be the same as for the "pure" polyurea systems. The resin blend is a blend of amineterminated and hydroxyl-terminated polymer resins and/or chain extenders. The resin blend may also contain additives, or non-primary components. To bring the reactivity of the hydroxyl-containing resins to the same level of reactivity as the amine-terminated resins, the addition of one or more catalysts is necessary.
Europe, USA and China are the mainly consumption regions due to the larger demand in building & construction and transportation industry. In 2015, USA occupied 27.91% of the global consumption volume, while China takes market share of 15.92%. Leading consumption regions in Europe are Germany, France, UK, and Italy. The Polyurea Coatings industry has high technical barrier. The products are diversified, making it hard for customers to choose from one and another. Consequently, post sales technical services are crucial to downstream customers. To Polyurea Coatings manufacturers, the core of brand building is in quality control and technological innovation.
The global Polyurea Coatings market was 680 million US$ in 2018 and is expected to 790 million US$ by the end of 2025, growing at a CAGR of 1.9% between 2019 and 2025. This report studies the Polyurea Coatings market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Polyurea Coatings in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
SPI
Versaflex
PPG Industries
Polycoat Products
Krypton Chemical
Supe
Sherwin-Williams
Kukdo Chemicals
Wasser Corporation
Armorthane
By the product type, the market is primarily split into
Pure Polyurea Coating
Hybrid Polyurea Coating
By the end users/application, this report covers the following segments
Building & Construction
Transportation
Industrial
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