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PUBLISHER: IMARC | PRODUCT CODE: 1370557
PUBLISHER: IMARC | PRODUCT CODE: 1370557
Polyurea Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
Market Overview:
The global polyurea coatings market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.
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 2023-2028. 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:
- How has the global polyurea coatings market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global polyurea coatings market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the raw material?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polyurea coatings market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A6533
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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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
- 15.3.1 Albemarle Corporation
Product Code: SR112023A6533
List of Figures
- Figure 1: Global: Polyurea Coatings Market: Major Drivers and Challenges
- Figure 2: Global: Polyurea Coatings Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Polyurea Coatings Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Polyurea Coatings Market: Breakup by Type (in %), 2022
- Figure 5: Global: Polyurea Coatings Market: Breakup by Technology (in %), 2022
- Figure 6: Global: Polyurea Coatings Market: Breakup by Raw Material (in %), 2022
- Figure 7: Global: Polyurea Coatings Market: Breakup by End Use Industry (in %), 2022
- Figure 8: Global: Polyurea Coatings Market: Breakup by Region (in %), 2022
- Figure 9: Global: Polyurea Coatings (Pure Polyurea) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Polyurea Coatings (Pure Polyurea) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Polyurea Coatings (Hybrid Polyurea) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Polyurea Coatings (Hybrid Polyurea) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Polyurea Coatings (Spraying) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Polyurea Coatings (Spraying) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Polyurea Coatings (Pouring) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Polyurea Coatings (Pouring) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Polyurea Coatings (Hand Mixing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Polyurea Coatings (Hand Mixing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Polyurea Coatings (Aromatic Isocyanate-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Polyurea Coatings (Aromatic Isocyanate-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Polyurea Coatings (Aliphatic Isocyanate-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Polyurea Coatings (Aliphatic Isocyanate-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Polyurea Coatings (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Polyurea Coatings (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Polyurea Coatings (Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Polyurea Coatings (Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Polyurea Coatings (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Polyurea Coatings (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Polyurea Coatings (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Polyurea Coatings (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: North America: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: North America: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: United States: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: United States: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Canada: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Canada: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Asia-Pacific: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Asia-Pacific: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: China: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: China: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Japan: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Japan: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: India: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: India: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: South Korea: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: South Korea: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Australia: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Australia: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Indonesia: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Indonesia: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Others: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Others: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Europe: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Europe: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Germany: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Germany: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: France: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: France: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: United Kingdom: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: United Kingdom: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Italy: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Italy: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Spain: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Spain: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Russia: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Russia: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Latin America: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Latin America: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Brazil: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Brazil: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Mexico: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Mexico: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Others: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Others: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Middle East and Africa: Polyurea Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Middle East and Africa: Polyurea Coatings Market: Breakup by Country (in %), 2022
- Figure 79: Middle East and Africa: Polyurea Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Global: Polyurea Coatings Industry: SWOT Analysis
- Figure 81: Global: Polyurea Coatings Industry: Value Chain Analysis
- Figure 82: Global: Polyurea Coatings Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Polyurea Coatings Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Polyurea Coatings Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Polyurea Coatings Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 4: Global: Polyurea Coatings Market Forecast: Breakup by Raw Material (in Million US$), 2023-2028
- Table 5: Global: Polyurea Coatings Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 6: Global: Polyurea Coatings Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Polyurea Coatings Market: Competitive Structure
- Table 8: Global: Polyurea Coatings Market: Key Players
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