Market Overview:
The global polyaspartic ester resins market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for anticorrosive waterproof materials, industrial flooring, wind turbine blade coatings, and automobiles. Polyaspartic ester resins are used as a coating material in various end-use industries owing to their properties such as corrosion resistance, abrasion resistance, and chemical resistance. In addition, these resins offer excellent adhesion and flexibility which makes them suitable for use in a wide range of applications. North America is expected to lead the global polyaspartic ester resins market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Polyaspartic ester resins are a type of thermoset resin that are used in a variety of applications. They are important because they can be used to create high-performance coatings and sealants that can withstand extreme temperatures and harsh environments.
Solid Content 100%:
Solid content 100% is a special type of polyaspartic ester resin, which contains no water or other solvents. It consists of highly branched C-10 alkyl acrylate as the major constituent. The product has an excellent resistance to weathering and oxidation and also offers high impact strength, toughness & dimensional stability on account of its high molecular weight.
Solid Content 97%:
Solid content 97% is a type of polyaspartic ester resin that contains 3.5% by weight of solid content (sapropel) and the balance being water. It has high molecular weight which results in low density and excellent flow characteristics when compared to liquid resin.
Application Insights:
The anticorrosive waterproof material application segment led the global polyaspartic ester resins market in 2017 and is projected to witness significant growth over the forecast period. The product has excellent properties, such as high chemical resistance, flexibility, and strength. It can be used for manufacturing antifouling paints that are used in marine applications.
Polyaspartic ester resin-based products have a wide range of applications including industrial flooring undercarriage coating for wind turbines blades protection from corrosion automotive parts etcetera. In addition to this they also find their usage as binders in adhesives and sealants which include rubber-based materials on account of their superior adhesive force together with efficiency at low temperatures when compared with other synthetic or natural agents capable of performing similar functions (i.e., thermoset polymer).
Regional Analysis:
Asia Pacific was the leading revenue contributor in 2016 and is anticipated to witness a CAGR of XX% over the forecast period. The growth can be attributed to rising demand from end-use industries such as automotive, construction, packaging, and electrical & electronics. In addition, increasing foreign investments coupled with favorable government regulations are expected to drive industry expansion over the coming years.
The market in Europe accounted for 23% of global polyaspartic ester resins market share in 2016 owing to high product utilization across major end-use industries including automotive and construction coupled with stringent environmental regulations by various regulatory bodies such as ECHA (European Chemicals Agency), REACH (Registration, Evaluation And Authorization Of Chemicals) which are driving industry growth in this region.
Growth Factors:
- Increasing demand for high-performance coatings in the automotive and aerospace industries
- Growing demand from the construction industry for coatings, sealants, and adhesives that resist weathering and fading
- Rising demand from the electrical and electronics industry for coatings that protect against corrosion and abrasion
- Increasing use of polyaspartic ester resins in water-based formulations due to their environmental benefits
- Development of new applications for polyaspartic ester resins in areas such as medical devices, wind turbines, and solar energy systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyaspartic Ester Resins Market Research Report
By Type
Solid Content 100%, Solid Content 97%, Solid Content 96%, Others
By Application
Anticorrosive Waterproof Material, Industrial Flooring, Wind Turbine Blade Coating, Automobiles, Others
By Companies
Cargill, Covestro, Aspartic Polymer, SmartChemical Industrial, Shenzhen Feiyang Protech Corp., Ltd, Suny Chemical Co
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Polyaspartic Ester Resins Market Report Segments:
The global Polyaspartic Ester Resins market is segmented on the basis of:
Types
Solid Content 100%, Solid Content 97%, Solid Content 96%, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Anticorrosive Waterproof Material, Industrial Flooring, Wind Turbine Blade Coating, Automobiles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Covestro
- Aspartic Polymer
- SmartChemical Industrial
- Shenzhen Feiyang Protech Corp., Ltd
- Suny Chemical Co
Highlights of The Polyaspartic Ester Resins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Content 100%
- Solid Content 97%
- Solid Content 96%
- Others
- By Application:
- Anticorrosive Waterproof Material
- Industrial Flooring
- Wind Turbine Blade Coating
- Automobiles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyaspartic Ester Resins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyaspartic esters are a type of resin that is made from two or more types of monomers. These resins are often used in products that need to be strong and flexible, such as plastic bags and bottles.
Some of the major companies in the polyaspartic ester resins market are Cargill, Covestro, Aspartic Polymer, SmartChemical Industrial, Shenzhen Feiyang Protech Corp., Ltd, Suny Chemical Co.
The polyaspartic ester resins market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyaspartic Ester Resins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyaspartic Ester Resins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyaspartic Ester Resins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyaspartic Ester Resins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyaspartic Ester Resins Market Size & Forecast, 2020-2028
4.5.1 Polyaspartic Ester Resins Market Size and Y-o-Y Growth
4.5.2 Polyaspartic Ester Resins Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Solid Content 100%
5.2.2 Solid Content 97%
5.2.3 Solid Content 96%
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Anticorrosive Waterproof Material
6.2.2 Industrial Flooring
6.2.3 Wind Turbine Blade Coating
6.2.4 Automobiles
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyaspartic Ester Resins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyaspartic Ester Resins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Solid Content 100%
9.6.2 Solid Content 97%
9.6.3 Solid Content 96%
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Anticorrosive Waterproof Material
9.10.2 Industrial Flooring
9.10.3 Wind Turbine Blade Coating
9.10.4 Automobiles
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Solid Content 100%
10.6.2 Solid Content 97%
10.6.3 Solid Content 96%
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Anticorrosive Waterproof Material
10.10.2 Industrial Flooring
10.10.3 Wind Turbine Blade Coating
10.10.4 Automobiles
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Solid Content 100%
11.6.2 Solid Content 97%
11.6.3 Solid Content 96%
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Anticorrosive Waterproof Material
11.10.2 Industrial Flooring
11.10.3 Wind Turbine Blade Coating
11.10.4 Automobiles
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Solid Content 100%
12.6.2 Solid Content 97%
12.6.3 Solid Content 96%
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Anticorrosive Waterproof Material
12.10.2 Industrial Flooring
12.10.3 Wind Turbine Blade Coating
12.10.4 Automobiles
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Solid Content 100%
13.6.2 Solid Content 97%
13.6.3 Solid Content 96%
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Anticorrosive Waterproof Material
13.10.2 Industrial Flooring
13.10.3 Wind Turbine Blade Coating
13.10.4 Automobiles
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyaspartic Ester Resins Market: Competitive Dashboard
14.2 Global Polyaspartic Ester Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Covestro
14.3.3 Aspartic Polymer
14.3.4 SmartChemical Industrial
14.3.5 Shenzhen Feiyang Protech Corp., Ltd
14.3.6 Suny Chemical Co
