polyurea coatings market players, polyurea coatings market outlook, polyurea coatings industry trends, polyurea coatings market size, polyurea coatings market growth factors, polyurea coatings market demand
What are the recent trends in market size and growth for the polyurea coatings market?
The polyurea coatings market size has grown rapidly in recent years. It will grow from $1.42 billion in 2024 to $1.59 billion in 2025 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to emerging markets growth, growth in the oil and gas sector, rise in environmental concerns, and growth in the automotive industry.
The polyurea coatings market size is expected to see rapid growth in the next few years. It will grow to $2.56 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to increasing building and construction activities, rising infrastructure investments, rapid urbanization, and government support. Major trends in the forecast period include a focus on use of modified polyurea technology, product innovations, and next-generation coating solutions, new facility expansions to increase product portfolio, and strategic partnerships and collaborations to improve financial strength and geographical presence.
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How have varous drivers impacted the growth of the polyurea coatings market?
The growing construction industry is expected to propel the polyurea coatings market going forward. The construction industry deals with creating, restoring, and maintaining infrastructures. Polyurea coatings are used in construction to protect exterior surfaces and are also used to protect buildings from corrosion and the impacts of weathering, it is ideal for use on bridges and other industrial machinery as they provide great resistance to chemical and abrasion attacks. For instance, in August 2024, according to Eurostat, a Luxembourg-based government agency, in June 2024, compared with June 2023, production in construction increased by 1.0% the euro area. Therefore, the increase in the construction industry is driving the polyurea coatings market.
What are the primary segments of the polyurea coatings market?
The polyurea coatings market covered in this report is segmented –
1) By Raw Material Type: Aliphatic, Aromatic
2) By Type: Pure, Hybrid
3) By Technology: Spraying, Pouring, Hand Mixing
4) By End-User: Building And Construction, Transportation, Industrial, Chemical, Other End-Users
Subsegments:
1) By Aliphatic: Flexible Aliphatic Polyurea, Rigid Aliphatic Polyurea, Pigmented Aliphatic Polyurea
2) By Aromatic: Flexible Aromatic Polyurea, Rigid Aromatic Polyurea, High-Durability Aromatic Polyurea
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Which firms are leading the polyurea coatings market?
Major companies operating in the polyurea coatings market include PPG Industries Inc, Sherwin-Williams Company, Huntsman Corporation, BASF SE, Covestro AG,Kukdo Chemical Co. Ltd, Rust-Oleum, Teknos Group, Rhino Linings Corporation, VIP GmbH, Asia Polyurethane, DuPont de Nemours Inc, Versaflex Incorporated, Indurit Coatings, Sika AG, AkzoNobel N. V, Kansai Paint Co Ltd., Wattyl, RPM International Inc, Armorthane, Nukote Coatings Systems, Huisins Coatings, Poliuretany Sp. z o.o, Polyurea Polska, Jotun A/S, Nippon Paint Holdings Co, Ltd, DuluxGroup, Renner Coatings, Delta Coatings International, Polycare Insulation Works LLC, Oasis Adhesive Industries LLC, Tecnopol SA, VersaTech Coatings, SpecPolyurea, Abe Construction Chemicals
How will industry trends affect the trajectory of the polyurea coatings market?
Advancements in technology are the key trends gaining popularity in the polyurea coatings market. Major players are concentrating on creating technologically improved products to strengthen their position in the polyurea coatings market. For instance, in October 2023, Everest Systems, a US-based commercial roofing company, launched EverMax Polyurea. This polyurea coating is engineered for low shrinkage and extreme flexibility, offering excellent resistance to mechanical damage. EverMax Polyurea enhances system performance, providing a high-impact solution for areas prone to severe weather conditions. Its unique blend of high tensile strength and flexibility makes it ideal for resisting hail impacts, reducing the potential for costly insurance claims and providing a cost-effective option for building owners.
Which geographic trends are shaping the polyurea coatings market, and which region has the highest market share?
The countries covered in the polyurea coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Does The Polyurea Coatings Market Report 2025 Offer?
The polyurea coatings market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Polyurea is an organic polymer that resembles plastic or rubber and can be used in many applications. The polyurea coatings are waterproof, resistant, and instantly cured coatings. These are frequently used in commercial or outdoor applications like outdoor furniture, signposts, and building facades. Polyurea coatings are used for coating the substrate to prevent it from abrasion and corrosion damage.
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