Rockville, MD -- (SBWIRE) -- 06/29/2018 -- According to a new Fact.MR research study, the global spray polyurea elastomers market is set to record a splendid 10.2% value CAGR between the period of forecast 2017 and 2026. Over 291,000 tons of spray polyurea elastomers are expected to be sold worldwide by 2026-end.
Robust Investments in Mining & Construction to Place North America at the Forefront of Spray Polyurea Elastomers Market
Corrosion protection and abrasion resistance attributes of spray polyurea elastomers have been driving their demand in mining-related equipment and facilities. Erosion protection, waterproofing, and concrete surface protection are other key characteristics of polyurea that have fuelled their adoption in the construction sector. With robust balance sheets across the mining sector, miners in North America are adhering to an investment-led approach, which in turn has given birth to a renewed focus on constructing portfolios that lead to sustainable shareholder returns.
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President Trump's recent orders for reducing the dependency on imported imperative minerals is highly likely to spark activity by the U.S. miners for considering exploration assets both inside and outside of the region, along with upstream & downstream collaborative ventures. In addition, major mining companies are eyeing investment in Canada's gold mining sector that provides immense government support and a favorable macroeconomic environment.
Future seems promising for construction firms in the U.S., driven primarily by trends such as building information modelling (BIM), internet of things (IoT), and proliferation of ecommerce with regard to construction & building materials. The Canadian economy witnessed significant deceleration on the coattails of decreased commodities and oil prices. Despite external challenges, the government in Canada made infrastructure spending of nearly US$ 11.9 Bn for social infrastructure, public transit infrastructure, and housing, and these projects are expected to witness completion by 2019-end.
Spray Polyurea Elastomers Manufacturers taking Efforts toward One-step Remedy for Waterproofing & Concrete Resurfacing
Key producers of specialty coatings have been taking efforts for the development of cost-effective, one-step remedy for waterproofing and concrete resurfacing. For example, Specialty Products Inc., which has witnessed continues success in the region, has recently launched an innovative one-step waterproofing and concrete resurfacing solution, called Aquaseal Hi-Rise X3™.
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Table of Contents
1. Executive Summary
1.1. Summarizing Key Findings
1.2. Opportunity Assessment
1.3. Highlighting Action Area – Wheel of Fortune
2. Global Spray Polyurea Elastomers Market Overview
2.2. Market Definition and Scope
2.3. Market Taxonomy and Segments Captured
3. Global Spray Polyurea Elastomers Market Outlook
3.1. Market Size (US$ Mn) & Volume (tons) and Forecast, 2012-2026
3.2. Market Y-o-Y Growth
3.3. Forecast Factors and Relevance of Impact
4. Global Spray Polyurea Elastomers Market Dynamics
5. Supply Chain and Value Chain Assessment
6. Actionable Insights and Analysis
6.1. Cost Structure
6.2. Applications Mapped to End Use Industry
6.3. Pricing Analysis
6.4. PESTLE Analysis
6.5. Porter's Five Forces Analysis
6.6. Investment Feasibility Matrix
6.7. Product Life Cycle
6.8. Competition Footprint Matrix
6.9. Comparison of PUA with other technologies
6.10. List of Key Customers
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