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    Polyurea Coatings Market | Covid-19 Impact Analysis

    Polyurea Coatings Market | Covid-19 Impact Analysis

    Polyurea Coatings Market | Covid-19 Impact Analysis
    Report code - SRAM517 Delivery - 2 Weeks
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    Polyurea Coatings Market Size, Share, Trend, Forecast, & Industry Analysis – 202 See more...
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    Impact of COVID-19 on Polyurea Coatings Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Polyurea Coatings Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Polyurea Coatings Market Insights

    Polyurea Coatings market is likely to witness an impressive CAGR of 10.8% during the forecast period. The major driving factor contributing to the demand for polyurea coatings is the increasing requirement for improving performance, durability, and ease-of-use of products.

    Polyurea Coatings Market - Snapshot

    Growth

    10.8% for the next five years

    Major Raw Material Type

    Aromatic Isocyanate

    Dominant Polyurea Type

    Pure Polyurea

    Region with the highest demand

    Asia-Pacific

    Key Players

    PPG Industries, Inc., The Sherwin-Williams Company, Nukote Coating Systems, Versaflex Incorporated, Armorthane Inc., Wasser Corporation, Rhino Linings Corporation, Teknos Kukdo Chemical Co., Ltd.,  Voelkel Industrial Products Gmbh (VIP)

     

    Market Share Analysis

    Polyurea-Coatings-Market-Dominant-Segments

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    Polyurea Coatings Market Share: By Raw Material Type

    Based on the raw material type, the market is segmented as aromatic isocyanate and aliphatic isocyanate. The aromatic isocyanate segment is expected to govern the market owing to its unique physical properties such as high-performance features along with abrasion and corrosion resistance for coating applications in the marine, construction, and other industries and in industrial applications. 

    Polyurea Coatings Market Share: By Polyurea Type

    Based on the polyurea type, the polyurea coatings market is segmented as pure polyurea and hybrid polyurea. The pure polyurea segment is expected to dominate the market due to its vital role in the determination of the final coated surface properties. It is also driven by its excellent properties such as its zero VOC content, fast curing time, long pot life, outstanding chemical resistance, and moisture resistance.

    Polyurea Coatings Market Share: By Technology Type

    Based on the technology type, the polyurea coatings market is segmented as spraying, pouring, and hand-mixing. The spraying technology is expected to remain the dominant segment. It is driven by its easy, quick, and accurate application on the surface, infrastructural growth in countries, along with increase in applications in floor coatings, roof coatings, bed-linings, secondary containment, and wastewater treatments.

    Polyurea Coatings Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest region for the polyurea coatings market during the forecast period. The growth of the region is mainly driven by its high economic growth and substantial investment in industries, such as automotive, marine, building & construction, and manufacturing. The region is also experiencing an increased demand for premium and high-quality products due to the increasing disposable income of the middle-class population, causing a surge in demand for the polyurea coatings market.

    Polyurea-Coatings-Market-By-Region

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    Some of the major polyurea coating manufacturers are-

    • PPG Industries, Inc.
    • The Sherwin-Williams Company
    • Nukote Coating Systems
    • Versaflex Incorporated
    • Armorthane Inc.
    • Wasser Corporation
    • Rhino Linings Corporation
    • Teknos
    • Kukdo Chemical Co., Ltd.
    • Voelkel Industrial Products Gmbh (VIP)

     

    Market Scope & Segmentation

    Polyurea Coating is a polymer material that is used to make coating and lining substances. It has a blend of extreme application properties such as even at temperatures well below 0°C, rapid cure, and insensitivity to humidity. In addition, it offers exceptional physical properties, such as flexibility, high hardness, tear strength, tensile strength, chemical and water resistance. The result is good weathering and abrasion resistance.

    Polyurea Coatings are of different types, such as aromatic isocyanate and aliphatic isocyanate, which are used in various end-use industries such as in building & construction, transportation, industrial, and landscapes.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Polyurea Coatings Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The polyurea coatings market is segmented into the following categories. 

    Polyurea Coatings Market Size, Share, & Forecast, by Raw Material Type:

    • Aromatic Isocyanate (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aliphatic Isocyanate (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyurea Coatings Market Size, Share, & Forecast, by Polyurea Type:

    • Pure Polyurea (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hybrid Polyurea  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyurea Coatings Market Size, Share, & Forecast, by Technology Type:

    • Spraying (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Pouring  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hand-mixing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyurea Coatings Market Size, Share, & Forecast, by End-Use Industry Type:

    • Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Transportation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Landscape Stone/Quartz (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Polyurea Coatings Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Polyurea-Coatings-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the raw material types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Polyurea Coatings Market in the foreseeable future?

    The polyurea coatings market is expected to witness an impressive growth of 10.8% CAGR in the foreseeable future.

    Who are the key players in the Polyurea Coatings Market?

    PPG Industries, Inc., The Sherwin-Williams Company, Nukote Coating Systems, Versaflex Incorporated, Armorthane Inc., Wasser Corporation, Rhino Linings Corporation, Teknos, Kukdo Chemical Co., Ltd., and Voelkel Industrial Products Gmbh (VIP) are among the key players in the polyurea coatings market.

    Which country/region is expected to be the largest Polyurea Coatings Market?

    Asia-pacific is expected to be the largest polyurea coatings market during the next five years.

    Which technology type is expected to remain dominant in the polyurea coatings market?

    The spraying technology is expected to remain dominant technology type in the polyurea coatings market in the coming years.

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