The Polyurea Coatings Market

According to the study, the polyurea coatings market is primarily dominated by Asia Pacific, followed by North America and Europe. The rising disposable income in the region has led to increased demand for high-quality products, such as polyurea coatings. In addition, the APAC region has the largest automotive industry, and is also seeing an increase in the application of polyurea coatings in the automotive industry. The report highlights key players in the polyurea-coatings market and provides a competitive landscape analysis.

The industrial segment is the largest segment in the polyurea coatings market, accounting for 30.7% of the overall market in 2015. Moreover, the rapid industrialization is expected to positively impact the market over the forecast period. In the transportation segment, polyurea coatings are used in automobiles and trucks. These coatings provide a variety of benefits, including corrosion control, blast resistance, anti-skid and ballistic mitigation properties.

The building & construction industry is the largest application in the polyurea coatings market. These products are versatile, allowing them to be applied on a variety of substrates and in a range of temperature and humidity conditions. These properties make them useful in a number of waterproofing, corrosion control, and immersion applications. Residential applications include roofing, containment liners, decks, and bridges. Because of these benefits, they are an increasingly popular choice in the building and construction sector.

The market for polyurea coatings is dominated by the spraying technology. Using this technology, the components are pumped from storage drums into a spraying machine. The components are mixed at a 1:1 ratio and sprayed onto the surface. It is the most common coating technology, and is highly cost-effective. This technology is also a time-saving solution for coatings. There are several other factors that contribute to the growth of the polyurea coatings market, including rising demand for coatings for industrial applications.

In terms of geography, the polyurea coatings market is divided into North America and Europe, with the Asia Pacific region holding the largest share during the forecast period. The region is expected to experience the highest growth during this period, with the APAC region accounting for more than half of the global market. APAC is also projected to be the fastest-growing region during the forecast period, with the APAC market contributing the most growth in both regions.

The polyurea coatings market is segmented by raw material. The market is segmented by aromatic isocyanate and aliphatic isocyanate. The aromatic isocyanate is anticipated to dominate the market during the forecast period, while the aliphatic isocyanate is expected to grow at the fastest rate during the period. Further, the APAC region is the fastest-growing region during the forecast period, with more countries than ever investing in the manufacturing sector of this type of product.