Global Polyurea Coating Market Report By Raw Material (Aromatic Isocyanate-Based And Aliphatic Isocyanate-Based), Product (Pure Polyurea And Hybrid Polyurea), Technology (Spraying, Pouring, And Hand Mixing), Application (Building & Construction, Transportation, Industrial, And Others), And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11211246
March 2021
Report Formats:
Global Polyurea Coating Market Overview

The key driver impacting the polyurea coating market is the growing building and construction sector with rising investment in the infrastructural development. Polyurea coatings have various application scope in the construction sector such as in roofing, membranes, containment liners, decks, car parking, bridges, and offshore. Thus, the growing building and construction sector is estimated to increase demand for polyurea coatings in the forecast period. For instance, As per World Economic Forum, the construction industry is expected to grow significantly in the coming years, to estimated revenues of $15 trillion by 2025. Residential housing accounts for 38% of the global construction volume. Moreover, the rising utilization of containment solutions in mining and construction sectors on account of focus towards environmental protection is estimated to be a significant factor that positively impacts market growth. Whereas with regards to volume, the market was calculated XX Thousand Liters in 2020 and foreseen to grow with a CAGR of XX% during 2021-2027.
According to Value Market Research, the global polyurea coating market size was valued at around USD 900 million in 2020 and is estimated to grow at a CAGR of about 10.5% during the forecast period of 2021 to 2027.

The growth in the paints and coatings industry with the rapidly growing automotive sector is estimated to augment polyurea coating demand in the forecast period. For instance, As per World’s paint and coating solution, In 2019, the global paints and coatings market sales volume is $172.8 billion, which was approximately $93.09 billion in 2009. It is due to the growing construction expenditure and automotive industry, and rising urban population. As per Crescendo Worldwide Organization, globally automobile production in 2019 was estimated as 92 MN Vehicles, and it is likely to grow by a CAGR of 20.78% by 2028. International Organization of Motor vehicle manufacturers (OICA), in 2019, increased sales of passenger cars by about 5% and reached 69.5 million units. Similarly, the commercial vehicles segment showed a constant rise as the sales came to 24 million units in 2019. However, the high toxicity associated with the raw materials may hamper the global polyurea coating market in the long run. Also, high cost compared to other coating technologies negatively impact market growth. The current industry trends, such as emerging applications and increased technological advancements in coatings, are estimated to offer market players several market opportunities.

The polyurea coating market is vast, with many local and global players. The key leaders follow different strategies to augment their market position, such as contracts, mergers, extending product portfolio, acquisitions, expansions, and product innovations to enhance their market share at the global level. The known players included in the report are PPG Industries, Inc., The Sherwin-Williams Company, Nukote Coating Systems, VersaFlex Incorporated, Armorthane Inc., Wasser Corporation, Rhino Linings Corporation, Kukdo Chemical Co., Ltd., Voelkel Industrial Products GmBH, and Teknos.

Global Polyurea Coating Market Share

In this research report, the polyurea coating market is segmented into raw material, type, technology, application, and region.

Analysis by Raw Material:
By raw material, the report is categorized into aromatic, aliphatic. Hybrid Polyurea is estimated to show considerable growth in the forecast period. It is due to the growing demand from several ends user industries such as transportation, building & construction, marine, and industrial. Moreover,  its outstanding physical properties with high-performance features and abrasion and corrosion resistance for coating applications across end-user industries contribute to the high demand for aromatic isocyanate-based polyurea coatings during the forecast period.

Analysis by Type:
By Type, the report is categorized into pure, and hybrid. Hybrid Polyurea is estimated to show considerable growth in the forecast period. It is due to the high utilization of these coatings for application in parking, decks, tanks, and water treatment. The pure polyurea segment is predicted to expand footing over the coming years due to its superior properties, rising utilization in construction activities, and the automotive sector. Also, they are more cost-effective than hybrid coatings contributing to the high demand for pure polyurea coating in the forecast period.

Analysis by Technology:
By technology, the report is categorized as spraying and pouring. Spraying is likely to have a vast growth in the forecast period. It is due to its low labor requirement, high level of efficiency, and technological progression in the equipment. Also, growing efforts by key towards the development of lightweight and portable equipment for spraying is positively impacting the market demand.

Analysis by Applications:
By applications, the report is categorized into building & construction, transportation. Building & construction is estimated to show considerable growth in the forecast period. It is due to the extensive usage of polyurea coatings for residential and commercial applications owing to high humidity resistance. Moreover, the rapidly growing construction sector globally drives the demand from the building construction segment in the forecast period.

Analysis by Region:
In the regional outlook of the global polyurea coating market, the North America region dominates with the highest market share in 2020. The increasing concern concerning environmental protection in the manufacturing and construction industries, majorly in Mexico, Canada, and the U.S., drives the North America region. Moreover, the growing construction sector and the strong presence of extraction & production (E&P) sites in Canada with copious accessibility of minerals such as gold and silver contribute to the high growth of the polyurea coating market across North America.

Market Segmentation covered in the Report:
By Raw Material
  • Aromatic Isocyanate
  • Aliphatic Isocyanate 
 
By Type
  • Pure polyurea
  • Hybrid polyurea

By Technology
  • Spraying
  • Pouring
  • Hand-mixing

By Applications
  • Building & construction
  • Transportation

By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.  

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . POLYUREA COATING – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Raw Material
           3.7.2 By Type
           3.7.3 By Technology
           3.7.4 By Applications
           3.7.5 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL POLYUREA COATING MARKET ANALYSIS BY RAW MATERIAL
       6.1 Overview by Raw Material
       6.2 Historical and Forecast Data
       6.3 Analysis by Raw Material
       6.4 Aromatic Isocyanate Market by Regions
       6.6 Aliphatic Isocyanate  Market by Regions
 
7 . GLOBAL POLYUREA COATING MARKET ANALYSIS BY TYPE
       7.1 Overview by Type
       7.2 Historical and Forecast Data
       7.3 Analysis by Type
       7.4 Pure polyurea Market by Regions
       7.5 Hybrid polyurea Market by Regions
 
8 . GLOBAL POLYUREA COATING MARKET ANALYSIS BY TECHNOLOGY
       8.1 Overview by Technology
       8.2 Historical and Forecast Data
       8.3 Analysis by Technology
       8.4 Spraying Market by Regions
       8.5 Pouring Market by Regions
       8.6 Hand-mixing Market by Regions
 
9 . GLOBAL POLYUREA COATING MARKET ANALYSIS BY APPLICATIONS
       9.1 Overview by Applications
       9.2 Historical and Forecast Data
       9.3 Analysis by Applications
       9.4 Building & construction Market by Regions
       9.5 Transportation Market by Regions
 
10 . GLOBAL POLYUREA COATING MARKET ANALYSIS BY GEOGRAPHY
       10.1. Regional Outlook
       10.2. Introduction
       10.3. North America
           10.3.1. Overview, Historic and Forecast Data
           10.3.2. North America By Segment
           10.3.3. North America By Country
           10.3.4. United State
           10.3.5. Canada
           10.3.6. Mexico
       10.4. Europe
           10.4.1. Overview, Historic and Forecast Data
           10.4.2. Europe by Segment
           10.4.3. Europe by Country
           10.4.4. United Kingdom
           10.4.5. France
           10.4.6. Germany
           10.4.7. Italy
           10.4.8. Russia
           10.4.9. Rest Of Europe
       10.5. Asia Pacific
           10.5.1. Overview, Historic and Forecast Data
           10.5.2. Asia Pacific by Segment
           10.5.3. Asia Pacific by Country
           10.5.4. China
           10.5.5. India
           10.5.6. Japan
           10.5.7. South Korea
           10.5.8. Australia
           10.5.9. Rest Of Asia Pacific
       10.6. Latin America
           10.6.1. Overview, Historic and Forecast Data
           10.6.2. Latin America by Segment
           10.6.3. Latin America by Country
           10.6.4. Brazil
           10.6.5. Argentina
           10.6.6. Peru
           10.6.7. Chile
           10.6.8. Rest of Latin America
       10.7. Middle East & Africa
           10.7.1. Overview, Historic and Forecast Data
           10.7.2. Middle East & Africa by Segment
           10.7.3. Middle East & Africa by Country
           10.7.4. Saudi Arabia
           10.7.5. UAE
           10.7.6. Israel
           10.7.7. South Africa
           10.7.8. Rest Of Middle East And Africa
 
11 . COMPETITIVE LANDSCAPE OF THE POLYUREA COATING COMPANIES
       11.1. Polyurea Coating Market Competition
       11.2. Partnership/Collaboration/Agreement
       11.3. Merger And Acquisitions
       11.4. New Product Launch
       11.5. Other Developments
 
12 . COMPANY PROFILES OF POLYUREA COATING INDUSTRY
       12.1. Company Share Analysis
       12.2. Market Concentration Rate
       12.3. PPG Industries Inc.
           12.3.1. Company Overview
           12.3.2. Financials
           12.3.3. Products
           12.3.4. Recent Developments
       12.4. The Sherwin-Williams Company
           12.4.1. Company Overview
           12.4.2. Financials
           12.4.3. Products
           12.4.4. Recent Developments
       12.5. Nukote Coating Systems
           12.5.1. Company Overview
           12.5.2. Financials
           12.5.3. Products
           12.5.4. Recent Developments
       12.6. VersaFlex Incorporated
           12.6.1. Company Overview
           12.6.2. Financials
           12.6.3. Products
           12.6.4. Recent Developments
       12.7. Armorthane Inc.
           12.7.1. Company Overview
           12.7.2. Financials
           12.7.3. Products
           12.7.4. Recent Developments
       12.8. Wasser Corporation
           12.8.1. Company Overview
           12.8.2. Financials
           12.8.3. Products
           12.8.4. Recent Developments
       12.9. Rhino Linings Corporation
           12.9.1. Company Overview
           12.9.2. Financials
           12.9.3. Products
           12.9.4. Recent Developments
       12.10. Kukdo Chemical Co. Ltd.
           12.10.1. Company Overview
           12.10.2. Financials
           12.10.3. Products
           12.10.4. Recent Developments
       12.11. Voelkel Industrial Products GmBH
           12.11.1. Company Overview
           12.11.2. Financials
           12.11.3. Products
           12.11.4. Recent Developments
       12.12. Teknos
           12.12.1. Company Overview
           12.12.2. Financials
           12.12.3. Products
           12.12.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Raw Material (Thousand Liters and USD MN)
  •  Aromatic Isocyanate Market by Geography (Thousand Liters and USD MN)
  •  Aliphatic Isocyanate  Market by Geography (Thousand Liters and USD MN)
  •  Analysis Market by Type (Thousand Liters and USD MN)
  •  Pure polyurea Market by Geography (Thousand Liters and USD MN)
  •  Hybrid polyurea Market by Geography (Thousand Liters and USD MN)
  •  Analysis by Technology (Thousand Liters and USD MN)
  •  Spraying Market by Geography (Thousand Liters and USD MN)
  •  Pouring Market by Geography (Thousand Liters and USD MN)
  •  Hand-mixing Market by Geography (Thousand Liters and USD MN)
  •  Analysis by Applications (Thousand Liters and USD MN)
  •  Building & construction Market by Geography (Thousand Liters and USD MN)
  •  Transportation Market by Geography (Thousand Liters and USD MN)
  •  Global Polyurea Coating Market by Geography (Thousand Liters and USD MN)
  •  North America Market Analysis (Thousand Liters and USD MN)
  •  United State Market Analysis (Thousand Liters and USD MN)
  •  Canada Market Analysis (Thousand Liters and USD MN)
  •  Mexico Market Analysis (Thousand Liters and USD MN)
  •  Europe Market Analysis (Thousand Liters and USD MN)
  •  Europe Market Estimate by Country (Thousand Liters and USD MN)
  •  United Kingdom Market Analysis (Thousand Liters and USD MN)
  •  France Market Analysis (Thousand Liters and USD MN)
  •  Germany Market Analysis (Thousand Liters and USD MN)
  •  Italy Market Analysis (Thousand Liters and USD MN)
  •  Russia Market Analysis (Thousand Liters and USD MN)
  •  Spain Market Analysis (Thousand Liters and USD MN)
  •  Rest of Europe Market Analysis (Thousand Liters and USD MN)
  •  Asia Pacific Market Analysis (Thousand Liters and USD MN)
  •  China Market Analysis (Thousand Liters and USD MN)
  •  Japan Market Analysis (Thousand Liters and USD MN)
  •  India Market Analysis (Thousand Liters and USD MN)
  •  South Korea Market Analysis (Thousand Liters and USD MN)
  •  Australia Market Analysis (Thousand Liters and USD MN)
  •  Rest of Asia Pacific Market Analysis (Thousand Liters and USD MN)
  •  Latin America Market Analysis (Thousand Liters and USD MN)
  •  Brazil Market Analysis (Thousand Liters and USD MN)
  •  Argentina Market Analysis (Thousand Liters and USD MN)
  •  Peru Market Analysis (Thousand Liters and USD MN)
  •  Chile Market Analysis (Thousand Liters and USD MN)
  •  Rest of Latin America Market Analysis (Thousand Liters and USD MN)
  •  Middle East & Africa Market Analysis (Thousand Liters and USD MN)
  •  Saudi Arabia Market Analysis (Thousand Liters and USD MN)
  •  UAE Market Analysis (Thousand Liters and USD MN)
  •  Israel Market Analysis (Thousand Liters and USD MN)
  •  South Africa Market Analysis (Thousand Liters and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Thousand Liters and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Polyurea Coating Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Polyurea Coating Market Size, by Region (Thousand Liters and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Raw Material
  •  Market Attractiveness Analysis by Type
  •  Market Attractiveness Analysis by Technology
  •  Market Attractiveness Analysis by Applications
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Raw Material (Thousand Liters and USD MN)
  •  Aromatic Isocyanate Market by Geography (Thousand Liters and USD MN)
  •  Aliphatic Isocyanate  Market by Geography (Thousand Liters and USD MN)
  •  Global Market Analysis by Type (Thousand Liters and USD MN)
  •  Pure polyurea Market by Geography (Thousand Liters and USD MN)
  •  Hybrid polyurea Market by Geography (Thousand Liters and USD MN)
  •  Global Market Analysis by Technology (Thousand Liters and USD MN)
  •  Spraying Market by Geography (Thousand Liters and USD MN)
  •  Pouring Market by Geography (Thousand Liters and USD MN)
  •  Hand-mixing Market by Geography (Thousand Liters and USD MN)
  •  Global Market Analysis by Applications (Thousand Liters and USD MN)
  •  Building & construction Market by Geography (Thousand Liters and USD MN)
  •  Transportation Market by Geography (Thousand Liters and USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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