The Polyurea Coating Market was valued at USD 944.5 million in 2024, and is projected to reach USD 1.37 billion by 2030, rising at a CAGR of 6.40%. Polyurea coating have numerous advantages over conventional coating products, namely, epoxy, fiberglass, and paints. Its properties such as faster setting time, resistance to atmospheric conditions, and high mechanical strength are expected to drive the demand over the next eight years. Polyurea coating offer high standards of corrosion protection, waterproofing, and chemical & structural enhancement. Moreover, these exhibit superior characteristics in spray applications such as improved mechanical, thermal, and chemical resistance, short curing and setting time and high durability as compared to its substitutes.
Increased resistance to crack allows it to be utilized in a host of applications. Rising demand for coating in automotive, buildings & construction, marine, oil & gas, metallurgy & metal forming, aerospace, and mining is expected to propel growth over the forecast period. Extensive R&D is being undertaken by manufacturers to develop innovative technologies for coating manufacturing and development of superior quality products.
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Increased resistance to crack allows it to be utilized in a host of applications. Rising demand for coating in automotive, buildings & construction, marine, oil & gas, metallurgy & metal forming, aerospace, and mining is expected to propel growth over the forecast period. Extensive R&D is being undertaken by manufacturers to develop innovative technologies for coating manufacturing and development of superior quality products.
Polyurea Coating Market Report Highlights
- Polyurea coating use in industrial application is expected to witness growth at a CAGR of over 12.0% from 2016 to 2024 on account of rising manufacturing sectors in emerging economies. Numerous companies have been expanding production capacities in order to tap potential markets which are expected to propel demand. Increasing demand for protective coating from the oil & gas and mining sectors is projected to have a positive impact on market growth over the next eight years.
- Aromatic isocyanate-based coating are expected to grow at a CAGR of over 10% from 2016 to 2024 on account of properties such as excellent UV resistance leading to increasing application scope in the automotive industry. However, the increased price of these products is expected to hinder growth over the forecast period.
- North America dominated the market in 2015 on account of the presence of a substantial number of market players in the region. The U.S. market for polyurea coating was valued at over USD 150 million in 2015. Supportive regulations and rising investments in Asia-Pacific automotive industry is expected to accelerate growth.
- In March 2014, Bayer Material Science opened a coating, Adhesives, and Specialties Laboratory in Dubai, to enhance its services by providing customized technical support to the customers in the Middle East & Africa. In February 2012, Alberts Spray Solutions LLC opened a new manufacturing site for polyurea liners in Ohio to cater to the demand from Utica Shale Region of Eastern Ohio and Southwest Pennsylvania. New product development, R&D investments, and expansion strategies are being adopted by the market players to expand their global footprint.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listings for you to stay ahead of the curve
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Polyurea Coating Market Variables, Trends & Scope
Chapter 4. Polyurea Coating Market: Raw Material Estimates & Trend Analysis
Chapter 5. Polyurea Coating Market: Product Estimates & Trend Analysis
Chapter 6. Polyurea Coating Market: Application Estimates & Trend Analysis
Chapter 7. Polyurea Coating Market: Regional Estimates & Trend Analysis
Chapter 8. Polyurea Coating Market: Regional Estimates & Trend Analysis
List of Tables
List of Figures
Companies Mentioned
The major companies featured in this Polyurea Coating market report include:- PPG Industries
- The Sherwin-Williams Company
- Nukote Coating Systems International
- Versaflex, Inc.
- Covestro
- BASF SE
- Huntsman Corporation
- Lonza Group AG
- Albemarle Corp.
- Dorf Ketal
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | May 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 944.5 Million |
Forecasted Market Value ( USD | $ 1370 Million |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |