Market Analysis and Insights: Global Polyurea Coatings Market

Polyurea coating is that derived from the reaction product of an isocyanate component and a resin blend componet. It has a composition which is a combination of the above-mentioned two coating systems. The isocyanate component can be the same as for the “pure” polyurea systems. The resin blend is a blend of amineterminated and hydroxyl-terminated polymer resins and/or chain extenders. The resin blend may also contain additives, or non-primary components. To bring the reactivity of the hydroxyl-containing resins to the same level of reactivity as the amine-terminated resins, the addition of one or more catalysts is necessary.

Due to the COVID-19 pandemic, the global Polyurea Coatings market size is estimated to be worth US$ 740.7 million in 2022 and is forecast to a readjusted size of US$ 846.3 million by 2029 with a CAGR of 1.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Pure Polyurea Coating accounting for % of the Polyurea Coatings global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Building & Construction segment is altered to an % CAGR throughout this forecast period.

SPI, Versaflex, PPG Industries, Polycoat Products and Krypton Chemical are the leaders of the Polyurea Coatings industry, which take about 25% market share.

Global Polyurea Coatings Scope and Market Size

The global Polyurea Coatings market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Polyurea Coatings market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Pure Polyurea Coating

Hybrid Polyurea Coating


Segment by Application


Building & Construction

Transportation

Industrial

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


SPI

Versaflex

PPG Industries

Polycoat Products

Krypton Chemical

Supe

Sherwin-Williams

Kukdo Chemicals

Wasser Corporation

Armorthane

Tecnopol

Nukote Coating Systems

Rhino Linings

SWD

Huate

Qingdao Air++ New Materials

Feiyang

BASF