Polyurea Coatings Market by Type (Pure and Hybrid), Technology (Spraying, Pouring, and Hand Mixing), Application (Building & Construction, Transportation, Industrial, and Landscape), Raw Material, and Region - Global Forecast to 2022

  • ID: 4339995
  • Report
  • Region: Global
  • 125 pages
  • Markets and Markets
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The Polyurea Coatings Market is Estimated to be USD 684.3 Million in 2017 and is Projected to Reach USD 1,266.5 Million by 2022, at a CAGR of 13.10%

FEATURED COMPANIES

  • Armorthane Inc.
  • Henry Company
  • Kukdo Chemical Co. Ltd.
  • Polycoat Products
  • Prokol International
  • Satyen Polymers Pvt. Ltd
  • MORE

"“The polyurea coatings market is projected to grow at a CAGR of 13.10% from 2017 to 2022, in terms of value”

The polyurea coatings market is projected to grow from USD 684.3 million in 2017 to USD 1,266.5 million by 2022, at a CAGR of 13.10% between 2017 and 2022. The growing demand for polyurea coatings from the building & construction and transportation sectors is expected to fuel the growth of the polyurea coatings market. These coatings have no VOC content and provide excellent performance as well as fast curing ability. However, higher cost of polyurea coatings as compared with other coating technologies is restraining the growth of the polyurea coatings market.

“The landscape segment is projected to be the fastest-growing application segment of the polyurea coatings market both, in terms of value and volume”

The demand for polyurea coatings across various landscape applications has increased significantly over the past few years. Landscape applications include aquariums, pools, water parks, theme parks, reservoirs, facades, and bath tub & cabins. The increasing usage of spray-applied polyurea coatings in landscape applications is anticipated to drive the growth of the polyurea coatings market.

“Rising demand for polyurea coatings from end-use industries in the Asia-Pacific region is expected to drive the growth of the polyurea coatings market”

The polyurea coatings market in the Asia-Pacific region is expected to witness significant growth, owing to increase in infrastructural activities and rise in initiatives undertaken by research institutions to drive R&D investments for the technological development of polyurea coatings. These institutions are focused on improving the performance, efficiency, and durability of polyurea coatings, thereby enhancing their applicability across varied end-use industries.

The break-up of primary interviews is given below:

  • By Company Type: Tier 1 - 27%, Tier 2 - 46%, and Others - 27%
  • By Designation: C-level - 36%, D-level - 28%, and Others - 36%
  • By Region: Asia-Pacific - 46%, Europe - 27%, North America - 18%, and South America & MEA - 9%

Key companies operational in the polyurea coatings market include VersaFlex Inc. (U.S.), PPG Industries, Inc. (U.S.), Sherwin-Williams Company (U.S.), Rhino Linings Corporation (U.S.), Kukdo Chemical Co., Ltd. (South Korea), Nukote Coating Systems (U.S.), VIP GmbH (Germany), and Specialty Products, Inc. (U.S.), among others.

Research Coverage:

The report covers the market for polyurea coatings and their applications across different industry verticals and regions. It aims at estimating the market size and future growth potential of the polyurea coatings market for varied technologies, types, raw materials, applications, and regions. The report also includes an in-depth competitive analysis of key players in the market, along with their company profiles, recent developments, and key market strategies.

Reasons to Buy the Report

The report will help market leaders/new entrants by providing them the closest approximations of revenues of the polyurea coatings market. This report will help stakeholders better understand the competitive landscape, gain insights to position their businesses, and formulate market strategies. The report will also help stakeholders understand the pulse of the market and acquire information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on polyurea coatings offered by top market players
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the polyurea coatings market
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the market for polyurea coatings across varied regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the polyurea coatings market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the polyurea coatings market
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FEATURED COMPANIES

  • Armorthane Inc.
  • Henry Company
  • Kukdo Chemical Co. Ltd.
  • Polycoat Products
  • Prokol International
  • Satyen Polymers Pvt. Ltd
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Polyurea Coatings Market, By Region
1.3.2 Years Considered for the Study
1.4 Currency and Pricing
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Market Players
4.2 Polyurea Coatings Market, By Raw Material
4.3 Polyurea Coatings Market: Developed vs Developing Nations
4.4 Polyurea Coatings Market in Asia-Pacific

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Polyurea Coatings Replacing Other Competitive Coating Systems
5.2.1.2 Technological Advancement in the Polyurea Coatings Market
5.2.1.3 High Growth in End-Use Industry
5.2.2 Restraints
5.2.2.1 Costlier Than Competitive Coatings Technology
5.2.2.2 Toxic Raw Materials With Their Regulations
5.2.3 Opportunities
5.2.3.1 Growing Technology in the Coatings Market and Impending Applications
5.2.3.2 Growing Opportunities Across the Asia-Pacific Market
5.2.4 Challenges
5.2.4.1 Already Existing Coatings Technology
5.3 Porter’s Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
5.4 Formation of Polyurea Coatings
5.4.1 Isocyanates
5.4.2 Resin Blend
5.5 Patent Details
5.5.1 Introduction
5.6 Macroeconomic Overview and Key Trends
5.6.1 Introduction
5.6.2 Trends and Forecast of GDP
5.6.3 Production Statistics of the Automotive Industry

6 Polyurea Coatings Market, By Raw Material
6.1 Introduction
6.2 Aromatic Isocyanate-Based Segment
6.3 Aliphatic Isocyanate-Based Segment

7 Polyurea Coatings Market, By Polyurea Type
7.1 Introduction
7.2 Pure Polyurea
7.3 Hybrid Polyurea

8 Polyurea Coatings Market, By Technology
8.1 Introduction
8.2 Spraying
8.3 Pouring
8.4 Hand Mixing

9 Polyurea Coatings Market, By Application
9.1 Introduction
9.2 Building & Construction
9.3 Transportation
9.4 Industrial Application
9.5 Landscape

10 Polyurea Coatings Market, Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 Benelux
10.3.3 U.K.
10.3.4 France
10.3.5 Spain
10.3.6 Italy
10.3.7 Russia
10.3.8 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 South Korea
10.4.5 Malaysia
10.4.6 Indonesia
10.4.7 Taiwan
10.4.8 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Colombia
10.6.4 Rest of South America

11 Competitive Landscape
11.1 Introduction
11.2 Polyurea Coatings Market: Competitive Leadership Mapping
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic Differentiators
11.2.4 Emerging Companies
11.3 Competitive Benchmarking
11.3.1 Strength of Product Portfolio
11.3.2 Business Strategy Excellence
*Top 25 Companies Analyzed for This Study are - PPG Industries, Inc., the Sherwin-Williams Company, Versaflex Inc., Nukote Coating Systems, Specialty Products Inc. (SPI), Rhino Linings Corporation, Voelkel Industrial Products GmbH (VIP), Futura Coatings Itw Engineered Polymers, Armorthane Inc., Polycoat Products, Teknos, Kukdo Chemical Co., Ltd., Technopol, Wasser Corporation, Universal Coatings, Satyen Polymers Pvt. Ltd, Prokol International, Guangzhou Supe Chemical Co., Ltd., Cipy Polyurethanes Pvt. Ltd., Ultimate Linings, Zhuhai Feiyang Materials Co. Ltd., Chemline, Inc., Duraamen Engineered Products Inc., Henry Company, Krypton Chemical
11.4 Market Ranking
11.4.1 Market Ranking of Key Players (2016)

12 Company Profiles
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
12.1 PPG Industries, Inc.
12.2 The Sherwin-Williams Company
12.3 Nukote Coating Systems
12.4 Versaflex Inc.
12.5 Specialty Products Inc.
12.6 Armorthane Inc.
12.7 Wasser Corporation
12.8 Rhino Linings Corporation
12.9 Kukdo Chemical Co., Ltd.
12.10 Voelkel Industrial Products GmbH (VIP)
*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence and Recent Developments Might Not Be Captured in Case of Unlisted Companies.
12.11 List of Other Companies

13 Appendix
13.1 Discussion Guide

List of Tables

Table 1 Polyurea Coatings Market Snapshot
Table 2 Patent Details
Table 3 Trends and Forecast of GDP, (Annual Percent Change)
Table 4 North America: Production Statistics of the Automotive* Industry, By Country, 2015-2016 (Unit)
Table 5 Europe: Production Statistics of the Automotive* Industry, By Country, 2015-2016 (Unit)
Table 6 Asia-Pacific: Production Statistics of Automotive* Industry, By Country, 2015-2016 (Unit)
Table 7 Polyurea Coatings Market Size, By Raw Material, 2015-2022 (USD Million)
Table 8 Polyurea Coatings Market Size, By Type, 2015-2022 (Thousand Liter)
Table 9 Aromatic Isocyanate-Based Segment Market Size, By Region, 2015-2022 (USD Million)
Table 10 Aromatic Isocyanate-Based Segment Market Size, By Region, 2015-2022 (Thousand Liter)
Table 11 Aliphatic Isocyanate-Based Segment Market Size, By Region, 2015-2022 (USD Million)
Table 12 Aliphatic Isocyanate-Based Segment Market Size, By Region, 2015-2022 (Thousand Liter)
Table 13 Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (USD Million)
Table 14 Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (Thousand Liter)
Table 15 Pure Polyurea Coatings Market Size, By Region, 2015-2022 (USD Million)
Table 16 Pure Polyurea Coatings Market Size, By Region, 2015-2022 (Thousand Liter)
Table 17 Hybrid Polyurea Coatings Market Size, By Region, 2015-2022 (USD Million)
Table 18 Hybrid Polyurea Market Size, By Region, 2015-2022 (Thousand Liter)
Table 19 Polyurea Coatings Market Size, By Technology, 2015-2022 (USD Million)
Table 20 Polyurea Coatings Market Size, By Technology, 2015-2022 (Thousand Liter)
Table 21 Polyurea Coatings Market Size in Spraying Technology, By Region, 2015-2022 (USD Million)
Table 22 Polyurea Coatings Market Size in Spraying Technology, By Region, 2015-2022 (Thousand Liter)
Table 23 Polyurea Coatings Market Size in Pouring Technology, By Region, 2015-2022 (USD Million)
Table 24 Polyurea Coatings Market Size in Pouring Technology, By Region, 2015-2022 (Thousand Liter)
Table 25 Polyurea Coatings Market Size in Hand Mixing Technology, By Region, 2015-2022 (USD Million)
Table 26 Polyurea Coatings Market Size in Hand Mixing Technology, By Region, 2015-2022 (Thousand Liter)
Table 27 Polyurea Coatings Market Size, By Application, 2015-2022 (USD Million)
Table 28 Polyurea Coatings Market, By Application, 2015-2022 (Thousand Liter)
Table 29 Polyurea Coatings Market Size in Building & Construction Application, By Region, 2015-2022 (USD Million)
Table 30 Polyurea Coatings Market Size in Building & Construction Application, By Region, 2015-2022 (Thousand Liter)
Table 31 Polyurea Coatings Market Size in Transportation Application, By Region, 2015-2022 (USD Million)
Table 32 Polyurea Coatings Market Size in Transportation Application, By Region, 2015-2022 (Thousand Liter)
Table 33 Polyurea Coatings Market Size in Industrial Application, By Region, 2015-2022 (USD Million)
Table 34 Polyurea Coatings Market Size in Industrial Application, By Region, 2015-2022 (Thousand Liter)
Table 35 Polyurea Coatings Market Size in Landscape Application, By Region, 2015-2022 (USD Million)
Table 36 Polyurea Coatings Market Size in Landscape Application, By Region, 2015-2022 (Thousand Liter)
Table 37 Polyurea Coatings Market Size, By Region, 2015-2022 (USD Million)
Table 38 Polyurea Coatings Market, By Region, 2015-2022 (Thousand Liter)
Table 39 North America: Polyurea Coatings Market Size, By Country, 2015-2022 (USD Million)
Table 40 North America: Polyurea Coatings Market Size, By Country, 2015-2022 (Thousand Liter)
Table 41 North America: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (USD Million)
Table 42 North America: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (Thousand Liter)
Table 43 North America: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (USD Million)
Table 44 North America: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (Thousand Liter)
Table 45 North America: Polyurea Coatings Market Size, By Technology, 2015-2022 (USD Million)
Table 46 North America: Polyurea Coatings Market Size, By Technology, 2015-2022 (Thousand Liter)
Table 47 North America: Polyurea Coatings Market Size, By Application, 2015-2022 (USD Million)
Table 48 North America: Polyurea Coatings Market Size, By Application, 2015-2022 (Thousand Liter)
Table 49 Europe: Polyurea Coatings Market Size, By Country, 2015-2022 (USD Million)
Table 50 Europe: Polyurea Coatings Market Size, By Country, 2015-2022 (Thousand Liter)
Table 51 Europe: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (USD Million)
Table 52 Europe: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (Thousand Liter)
Table 53 Europe: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (USD Million)
Table 54 Europe: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (Thousand Liter)
Table 55 Europe: Polyurea Coatings Market Size, By Technology, 2015-2022 (USD Million)
Table 56 Europe: Polyurea Coatings Market Size, By Technology, 2015-2022 (Thousand Liter)
Table 57 Europe: Polyurea Coatings Market Size, By Application, 2015-2022 (USD Million)
Table 58 Europe: Polyurea Coatings Market Size, By Application, 2015-2022 (Thousand Liter)
Table 59 Asia-Pacific: Polyurea Coatings Market Size, By Country, 2015-2022 (USD Million)
Table 60 Asia-Pacific: Polyurea Coatings Market Size, By Country, 2015-2022 (Thousand Liter)
Table 61 Asia-Pacific: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (USD Million)
Table 62 Asia-Pacific: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (Thousand Liter)
Table 63 Asia-Pacific: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (USD Million)
Table 64 Asia-Pacific: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (Thousand Liter)
Table 65 Asia-Pacific: Polyurea Coatings Market Size, By Technology, 2015-2022 (USD Million)
Table 66 Asia-Pacific: Polyurea Coatings Market Size, By Technology, 2015-2022 (Thousand Liter)
Table 67 Asia-Pacific: Polyurea Coatings Market Size, By Application, 2015-2022 (USD Million)
Table 68 Asia-Pacific: Polyurea Coatings Market, By Application, 2015-2022 (Thousand Liter)
Table 69 Middle East & Africa: Polyurea Coatings Market Size, By Country, 2015-2022 (USD Million)
Table 70 Middle East & Africa: Polyurea Coatings Market Size, By Country, 2015-2022 (Thousand Liter)
Table 71 Middle East & Africa: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (USD Million)
Table 72 Middle East & Africa: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (Thousand Liter)
Table 73 Middle East & Africa: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (USD Million)
Table 74 Middle East & Africa: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (Thousand Liter)
Table 75 Middle East & Africa: Polyurea Coatings Market Size, By Technology, 2015-2022 (USD Million)
Table 76 Middle East & Africa: Polyurea Coatings Market Size, By Technology, 2015-2022 (Thousand Liter)
Table 77 Middle East & Africa: Polyurea Coatings Market Size, By Application, 2015-2022 (USD Million)
Table 78 Middle East & Africa: Polyurea Coatings Market Size, By Application, 2015-2022 (Thousand Liter)
Table 79 South America: Polyurea Coatings Market Size, By Country, 2015-2022 (USD Million)
Table 80 South America: Polyurea Coatings Market Size, By Country, 2015-2022 (Thousand Liter)
Table 81 South America: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (USD Million)
Table 82 South America: Polyurea Coatings Market Size, By Raw Material, 2015-2022 (Thousand Liter)
Table 83 South America: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (USD Million)
Table 84 South America: Polyurea Coatings Market Size, By Polyurea Type, 2015-2022 (Thousand Liter)
Table 85 South America: Polyurea Coatings Market Size, By Technology, 2015-2022 (USD Million)
Table 86 South America: Polyurea Coatings Market Size, By Technology, 2015-2022 (Thousand Liter)
Table 87 South America: Polyurea Coatings Market Size, By Application, 2015-2022 (USD Million)
Table 88 South America: Polyurea Coatings Market Size, By Application, 2015-2022 (Thousand Liter)

List of Figures

Figure 1 Polyurea Coatings: Market Segmentation
Figure 2 Polyurea Coatings Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Polyurea Coatings Data Triangulation
Figure 6 Asia-Pacific Dominates the Global Polyurea Coatings Market
Figure 7 Pure Polyurea Segment to Drive the Market Growth During the Forecast Period
Figure 8 Landscape is the Emerging Segments of the Polyurea Coatings Market Between 2017 and 2022
Figure 9 Asia-Pacific to Be the Fastest-Growing Polyurea Coatings Market During the Forecast Period
Figure 10 Emerging Economies Will Offer Lucrative Growth Potential for Market Players
Figure 11 Aliphatic Isocyanates-Based Polyurea Coatings to Grow at A Higher Rate Between 2017 and 2022
Figure 12 Developing Markets to Grow Faster Than the Developed Ones
Figure 13 Building & Construction Segment Accounted for the Largest Share of the Polyurea Coatings Market in Asia-Pacific in 2016
Figure 14 The U.S. Accounted for the Largest Share in the Polyurea Coatings Market in 2016
Figure 15 Factors Governing the Polyurea Coatings Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 Raw Materials for Formulation of Polyurea Coatings
Figure 18 PPG Industries and Axalta Coating Systems Ip Co., LLC Registered the Highest Number of Patents Between 2014 and 2017*
Figure 19 Aromatic Isocyanates-Based Polyurea Coatings Segment to Dominate the Market, 2017 vs 2022 (USD Million)
Figure 20 North America to Continue Dominating the Market for Polyurea Coatings Between 2017 and 2022
Figure 21 Hybrid Polyurea Segment to Dominate the Polyurea Coatings Market, 2017 vs 2022 (USD Million)
Figure 22 Pouring to Be the Fastest-Growing Technology, Followed By Hand Mixing Between 2017 and 2022
Figure 23 Emergence of Major Applications Will Continue to Drive the Market During the Forecast Period
Figure 24 Landscape to Be the Fastest-Growing Application of Polyurea Coatings
Figure 25 Regional Snapshot Rapid Growth Markets are Emerging Countries as the New Hotspots
Figure 26 Asia-Pacific - A Potential Market for Polyurea Coatings
Figure 27 Growth of the Polyurea Coatings Applications Centers on the Emerging Markets
Figure 28 Asia-Pacific to Be the Fastest-Growing Application Market of Polyurea Coatings During the Forecast Period
Figure 29 North America Market Snapshot: the U.S. Was the Largest Polyurea Coatings Market in 2016
Figure 30 Europe Market Snapshot - Third-Largest Market, in Terms of Volume, in 2016
Figure 31 Asia-Pacific Market Snapshot - Potential Market for Polyurea Coatings Manufacturers
Figure 32 Polyurea Coatings Market: Competitive Leadership Mapping
Figure 33 PPG Industries, Inc.: Company Snapshot
Figure 34 The Sherwin-Williams Company: Company Snapshot

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  • Armorthane Inc.
  • Chemline Inc.
  • Cipy Polyurethanes Pvt. Ltd.
  • Duraamen Engineered Products Inc.
  • Futura Coatings Itw Engineered Polymers
  • Guangzhou Supe Chemical Co. Ltd.
  • Henry Company
  • Krypton Chemical
  • Kukdo Chemical Co. Ltd.
  • Nukote Coating Systems
  • PPG Industries Inc.
  • Polycoat Products
  • Prokol International
  • Rhino Linings Corporation
  • Satyen Polymers Pvt. Ltd
  • Specialty Products Inc. (SPI)
  • Technopol
  • Teknos
  • the Sherwin-Williams Company
  • Ultimate Linings
  • Universal Coatings
  • Versaflex Inc.
  • Voelkel Industrial Products GmbH (VIP)
  • Wasser Corporation
  • Zhuhai Feiyang Materials Co. Ltd.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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