Albany, NY -- (SBWIRE) -- 01/11/2019 -- Characterized by unique properties such as high tensile strength, water resistance and durability besides non-toxicity, polyurea coatings find ample end-user applications as eco-friendly coating materials. Advances in construction and transportation sectors across the globe are likely to lend substantial impetus in coming years. Market Research Hub (MRH) in its recent business intelligence report titled, 'Polyurea Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026' scouts through recent market advances and their eventual impact on holistic market growth.
New Variants and Application Technology Remain Crucial amongst Lead Vendors
Price hikes in spraying equipment and stringent regulations pertaining raw materials will remain major growth deterrents. To offset such challenges, global participants in polyurea coatings market are keen on introducing novel variants such as hybrid polyurea which are affordable alternatives to pure polyurea. Further, incorporation of bespoke technology such as spraying that ensures quick coating at significantly low application time remain primary investment areas amongst lead vendors in polyuria coatings market.
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The report attempts to analyze polyurea market at both global and regional levels in terms of present and past values to attain accurate forecast figures by value and volume. The report entails a comprehensive overview of global polyurea coatings market offering distinct value chain analysis. The report includes insightful details on dynamic market segmentation highlighting type, technology, application, and raw material. Based on type polyuria coatings market is split into pure and hybrid. By technology polyuria coatings market is splintered into spraying, pouring, and hand mixing. Building and construction, transportation, industrial, and landscape are acknowledged as primary application types. By raw material, the market is diversified into aromatic-based and aliphatic-based.
North America Continues to Hold Maximum Share
Additionally, the report in its subsequent sections also includes relevant information on regional expanse and geographical presence based on which Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa are identified as leading regional hubs in polyuria coatings market.
Competition Deep-Dive: Polyurea Coatings Market
Thorough research postulates enumerated in the report allow market players to attain decisive insights on leading players in polyuria coatings market. The report lends vital market information about leading players aided by a dashboard analysis of their recent developments, market contribution, strategic acquisitions and mergers, as well as portfolio diversification. Some of the leading players in polyuria coatings market comprise, Albemarle Corporation, Huntsman Corporation, Nukote Coating Systems International, PPG Industries Inc., The Sherwin-Williams Company amongst others.
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