Product Code: SR112024A6533
The global polyurea coatings market size reached US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.98% during 2024-2032.
Polyurea coating is a protective coating that is made from a combination of resin and liquid polyurethane. This coating is highly durable, resistant to chemicals, heat and water, non-toxic in nature and therefore environmentally friendly. Along with protecting wooden, concrete and steel structures from abrasions and corrosion, it can help preserve a deteriorating concrete structure, repair canals, and keep them intact. An aluminized polyurea coating protects against corrosion and abrasion on pipes that carry corrosive and abrasive materials. In order to prevent cathodic breakdown, it is used as a base coat in pumps as it reduces cavitation and erosion while also increasing pump performance. Due to its beneficial properties, including quick cure and shortening of maintenance cycles, it is swiftly replacing paint and fiberglass coatings across numerous applications, especially in the construction of water parks, aquariums, pools, theme parks, bathtubs, reservoirs, facades, and cabins.
Polyurea Coatings Market Trends:
The global market is majorly driven by considerable growth in the construction and landscaping industries. In addition to this, continual technological developments in coating processes and techniques are providing an impetus to the market growth. Moreover, the rising deployment of premium waterproofing coating in residential buildings is also acting as a significant growth-inducing factor for the market. The market is further propelled by the growing expenditure on lining systems for environmental protection, such as landfill controls, as a result of stringent regulations imposed by the governments of numerous countries to minimize pollution. Some of the other factors contributing to the market include rapid urbanization and industrialization, expanding infrastructural development, the inflating disposable income levels of the consumers, and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polyurea coatings market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, technology, raw material and end use industry.
Breakup by Type:
Pure Polyurea
Hybrid Polyurea
Breakup by Technology:
Spraying
Pouring
Hand Mixing
Breakup by Raw Material:
Aromatic Isocyanate-based
Aliphatic Isocyanate-based
Breakup by End Use Industry:
Building and Construction
Transportation
Industrial
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, ArmorThane USA Inc., BASF SE, Covestro AG, Huntsman Corporation, PPG Industries Inc., Rhino Linings Corporation, Specialty Products Inc., Teknos Group Oy, The Sherwin-Williams Company, VIP Coatings Intl Gmbh & Co. KG and Wasser Coatings.
Key Questions Answered in This Report
- 1. How big is the global polyurea coatings market?
- 2. What is the expected growth rate of the global polyurea coatings market during 2024-2032?
- 3. What are the key factors driving the global polyurea coatings market?
- 4. What has been the impact of COVID-19 on the global polyurea coatings market?
- 5. What is the breakup of the global polyurea coatings market based on the type?
- 6. What is the breakup of the global polyurea coatings market based on the technology?
- 7. What is the breakup of the global polyurea coatings market based on the raw material?
- 8. What is the breakup of the global polyurea coatings market based on the end use industry?
- 9. What are the key regions in the global polyurea coatings market?
- 10. Who are the key players/companies in the global polyurea coatings market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Polyurea Coatings Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Pure Polyurea
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Hybrid Polyurea
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Spraying
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pouring
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hand Mixing
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Raw Material
- 8.1 Aromatic Isocyanate-based
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aliphatic Isocyanate-based
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by End Use Industry
- 9.1 Building and Construction
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Transportation
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Industrial
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Others
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Albemarle Corporation
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 ArmorThane USA Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 BASF SE
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Covestro AG
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Huntsman Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 PPG Industries Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Rhino Linings Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Specialty Products Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Teknos Group Oy
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 The Sherwin-Williams Company
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 VIP Coatings Intl Gmbh & Co. KG
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Wasser Coatings
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio