Polyurea coating have numerous advantages over conventional coating products, namely, epoxy, fiberglass, and paints. Its properties such as faster setting time, resistance to atmospheric conditions, and high mechanical strength are expected to drive the demand over the next eight years.
The Global Polyurea Coating Market is expected to reach USD 1.48 billion by 2024, according to a new report by Grand View Research, Inc.
Polyurea coating offer high standards of corrosion protection, waterproofing, and chemical & structural enhancement. Moreover, these exhibit superior characteristics in spray applications such as improved mechanical, thermal, and chemical resistance, short curing and setting time and high durability as compared to its substitutes.
Increased resistance to crack allows it to be utilized in a host of applications. Rising demand for coating in automotive, buildings & construction, marine, oil & gas, metallurgy & metal forming, aerospace, and mining is expected to propel growth over the forecast period. Extensive R&D is being undertaken by manufacturers to develop innovative technologies for coating manufacturing and development of superior quality products. Polyurea coating use in industrial application is expected to witness growth at a CAGR of over 12.0% from 2016 to 2024 on account of rising manufacturing sectors in emerging economies.
To Know More About Polyurea Coating Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polyurea-coatings-market
Numerous companies have been expanding production capacities in order to tap potential markets which are expected to propel demand. Increasing demand for protective coating from the oil & gas and mining sectors is projected to have a positive impact on market growth over the next eight years.
Top Players of Polyurea Coating Market:
Key companies include PPG Industries, Inc., The Sherwin-Williams Company, Nukote Coating Systems, Versaflex Inc., Specialty Products Inc., Armorthane Inc., Wasser Corporation, Rhino Linings Corporation, Kukdo Chemical Co., Ltd., Lonza Group AG, Albemarle Corp., Huntsman Corporation, BASF SE, and Covestro.
Market Segmentation of Polyurea Coating Market:
The Global Polyurea Coating Market segmented on the basis of Raw Material, Product, Technology and Application.
By Raw Material:
Aromatic Isocyanate-Based
Aliphatic Isocyanate-Based
By Product:
Pure Polyurea
Hybrid Polyurea
By Technology:
Spraying
Pouring
Hand Mixing
By Application:
Building & Construction
Transportation
Industrial
Inquire about Polyurea Coating Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2974
The Global Polyurea Coating Market is expected to reach USD 1.48 billion by 2024, according to a new report by Grand View Research, Inc.
Polyurea coating offer high standards of corrosion protection, waterproofing, and chemical & structural enhancement. Moreover, these exhibit superior characteristics in spray applications such as improved mechanical, thermal, and chemical resistance, short curing and setting time and high durability as compared to its substitutes.
Increased resistance to crack allows it to be utilized in a host of applications. Rising demand for coating in automotive, buildings & construction, marine, oil & gas, metallurgy & metal forming, aerospace, and mining is expected to propel growth over the forecast period. Extensive R&D is being undertaken by manufacturers to develop innovative technologies for coating manufacturing and development of superior quality products. Polyurea coating use in industrial application is expected to witness growth at a CAGR of over 12.0% from 2016 to 2024 on account of rising manufacturing sectors in emerging economies.
To Know More About Polyurea Coating Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/polyurea-coatings-market
Numerous companies have been expanding production capacities in order to tap potential markets which are expected to propel demand. Increasing demand for protective coating from the oil & gas and mining sectors is projected to have a positive impact on market growth over the next eight years.
Top Players of Polyurea Coating Market:
Key companies include PPG Industries, Inc., The Sherwin-Williams Company, Nukote Coating Systems, Versaflex Inc., Specialty Products Inc., Armorthane Inc., Wasser Corporation, Rhino Linings Corporation, Kukdo Chemical Co., Ltd., Lonza Group AG, Albemarle Corp., Huntsman Corporation, BASF SE, and Covestro.
Market Segmentation of Polyurea Coating Market:
The Global Polyurea Coating Market segmented on the basis of Raw Material, Product, Technology and Application.
By Raw Material:
Aromatic Isocyanate-Based
Aliphatic Isocyanate-Based
By Product:
Pure Polyurea
Hybrid Polyurea
By Technology:
Spraying
Pouring
Hand Mixing
By Application:
Building & Construction
Transportation
Industrial
Inquire about Polyurea Coating Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2974
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