Market Overview:
The global polyurea and polyaspartic garage floor coatings market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these coatings from various end-use industries, such as building & construction, transportation, industrial and others. In terms of type, the pure coatings segment is expected to lead the global market during the forecast period owing to its superior properties such as high durability and resistance against abrasion. By application, the building & construction segment is projected to lead the global market during 2018-2030 due to an increase in infrastructure development activities across different regions.
Product Definition:
A polyurea garage floor coating is a type of coating that is applied to the surface of a garage floor. It is made up of two components, an isocyanate and a polyol. These two components are mixed together and then sprayed or rolled on to the surface. Polyaspartic coatings are similar to polyurea coatings, but they contain more than one type of monomer. This makes them harder and more resistant to wear and tear than traditional polyurea coatings.
Pure Coatings:
Pure coatings are water-based paints with very low VOC content. They comprise of epoxy resins, polyester resin and isocyanates which are used for application on concrete floors in the automotive, industrial and construction sectors.
Hybrid Coatings:
Hybrid coatings are a combination of two or more different resins. The most common types of hybrid coatings include epoxy-urethane and polyurea-polyaspartic. Hybrid coatings have become an important part of the overall paints industry owing to their properties such as excellent resistance to stains, cracking, extreme temperatures, blistering and UV radiation coupled with high durability.
Application Insights:
Building and construction was the largest application segment in 2017. The product is widely used for sealing, waterproofing and coating applications in buildings. It is applied using either a brush or roller method. In building and construction industry, polyurea is used on account of its superior properties such as ease of application, high-temperature performance along with low cost of production as compared to other coatings available in the market.
The product has gained popularity due to its use as sealer coat for concrete floors where moisture penetration can cause deterioration of floor structure including cracks & spalls on walls owing to condensation process inside the building.
Regional Analysis:
North America emerged as the largest regional market in 2017. The region is expected to dominate the global market over the forecast period owing to increasing demand for energy-efficient and sustainable buildings coupled with stringent government regulations regarding green building initiatives. In addition, growing construction spending in Mexico on account of rising urbanization and infrastructural developments is likely to drive product demand over the coming years.
Asia Pacific was estimated as the second-largest regional market in 2017 and it is anticipated that trend will continue over the next eight years owing to rapid industrialization along with infrastructure development activities across emerging economies including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam South Korea Bangladesh etc.
Growth Factors:
- Increasing demand for garage floor coatings in the automotive and construction industries as a result of their durability, resistance to staining and fading, and low maintenance requirements.
- Growing popularity of DIY projects among homeowners seeking to improve the appearance and functionality of their garages on a budget.
- Rising awareness of the benefits offered by polyurea and polyaspartic coatings among consumers, which is helping to drive adoption rates higher.
- The increasing availability of these coatings in a variety of colors and finishes, making it easier for consumers to find one that matches their individual style preferences.
- Advances in coating technology that are resulting in better performance characteristics, including increased resistance to wear and tear as well as UV damage
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurea And Polyaspartic Garage Floor Coatings Market Research Report
By Type
Pure Coatings, Hybrid Coatings
By Application
Building & Construction, Transportation, Industrial, Other
By Companies
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, Feiyang, BASF
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Polyurea And Polyaspartic Garage Floor Coatings Market Report Segments:
The global Polyurea And Polyaspartic Garage Floor Coatings market is segmented on the basis of:
Types
Pure Coatings, Hybrid Coatings
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
Building & Construction, Transportation, Industrial, Other
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:
- 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
- Feiyang
- BASF
Highlights of The Polyurea And Polyaspartic Garage Floor Coatings 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:
- Pure Coatings
- Hybrid Coatings
- By Application:
- Building & Construction
- Transportation
- Industrial
- Other
- 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 Polyurea And Polyaspartic Garage Floor Coatings 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Polyurea and polyaspartic garage floor coatings are two types of coating that are used to protect concrete from weathering and deterioration. Polyurea is a type of urethane coating, while polyaspartic is a type of plastic-based coating. Both coatings provide long-term protection against weathering and fading.
Some of the major players in the polyurea and polyaspartic garage floor coatings market are 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, Feiyang, BASF.
The polyurea and polyaspartic garage floor coatings market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyurea And Polyaspartic Garage Floor Coatings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polyurea And Polyaspartic Garage Floor Coatings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyurea And Polyaspartic Garage Floor Coatings Market - Supply Chain
4.5. Global Polyurea And Polyaspartic Garage Floor Coatings Market Forecast
4.5.1. Polyurea And Polyaspartic Garage Floor Coatings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyurea And Polyaspartic Garage Floor Coatings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyurea And Polyaspartic Garage Floor Coatings Market Absolute $ Opportunity
5. Global Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
5.3.1. Pure Coatings
5.3.2. Hybrid Coatings
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
6.3.1. Building & Construction
6.3.2. Transportation
6.3.3. Industrial
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polyurea And Polyaspartic Garage Floor Coatings Demand Share Forecast, 2019-2029
9. North America Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
9.4.1. Building & Construction
9.4.2. Transportation
9.4.3. Industrial
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
9.7.1. Pure Coatings
9.7.2. Hybrid Coatings
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polyurea And Polyaspartic Garage Floor Coatings Demand Share Forecast, 2019-2029
10. Latin America Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
10.4.1. Building & Construction
10.4.2. Transportation
10.4.3. Industrial
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
10.7.1. Pure Coatings
10.7.2. Hybrid Coatings
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polyurea And Polyaspartic Garage Floor Coatings Demand Share Forecast, 2019-2029
11. Europe Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
11.4.1. Building & Construction
11.4.2. Transportation
11.4.3. Industrial
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. EuropePolyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
11.7.1. Pure Coatings
11.7.2. Hybrid Coatings
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polyurea And Polyaspartic Garage Floor Coatings Demand Share, 2019-2029
12. Asia Pacific Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
12.4.1. Building & Construction
12.4.2. Transportation
12.4.3. Industrial
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
12.7.1. Pure Coatings
12.7.2. Hybrid Coatings
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polyurea And Polyaspartic Garage Floor Coatings Demand Share, 2019-2029
13. Middle East & Africa Polyurea And Polyaspartic Garage Floor Coatings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Application
13.4.1. Building & Construction
13.4.2. Transportation
13.4.3. Industrial
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyurea And Polyaspartic Garage Floor Coatings Market Size and Volume Forecast by Type
13.7.1. Pure Coatings
13.7.2. Hybrid Coatings
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polyurea And Polyaspartic Garage Floor Coatings Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Polyurea And Polyaspartic Garage Floor Coatings Market: Market Share Analysis
14.2. Polyurea And Polyaspartic Garage Floor Coatings Distributors and Customers
14.3. Polyurea And Polyaspartic Garage Floor Coatings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SPI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Versaflex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. PPG Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Polycoat Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Krypton Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Supe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sherwin-Williams
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kukdo Chemicals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wasser Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Armorthane
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tecnopol
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nukote Coating Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rhino Linings
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SWD
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Huate
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Qingdao Air
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Feiyang
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BASF
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
