Market Overview:
The global polyurea paint market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polyurea coatings in various applications, such as building & construction, transportation, industrial and others. In terms of type, the pure polyurea coating segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its superior properties such as high resistance against abrasion and corrosion.
Product Definition:
Polyurea paint is a type of coating that is made up of two or more substances. The first substance, or the primary component, is an urethane resin. The second substance, or the additive component, can be any number of materials including polyols and amines. Polyurea paints are important because they offer many benefits that other types of coatings do not. They are very durable and can withstand harsh weather conditions and extreme temperatures. They also have high abrasion resistance and are able to resist chemicals and other corrosive elements.
Pure Polyurea Coating:
Pure polyurea coating is a water-based urethane paint with excellent adhesion properties to both metal and plastic surfaces. It offers high resistance to abrasion, chemicals, and heat. The product is used in various end-use industries including construction, automotive OEM & aftermarket, marine OEM & aftermarket among others. Construction was the largest application segment for this product owing to its superior chemical and physical attributes as compared to other paints available in the market today.
Hybrid Polyurea Coating:
Hybrid polyurea coatings are a combination of polyurea and another polymer. The other polymer can be either thermosetting or thermoplastic. Hybrid coatings have properties of both polyurea and the other polymer, which results in an enhanced coating with improved performance over conventional products.
Application Insights:
Building and construction was the largest application segment in 2016, accounting for over 50% of the overall market. The rising need for infrastructure development across various developing countries is expected to remain a key driving factor for this industry.
Polyurea paints are used in applications such as roofing underlayment, wall covering under studs and beams, siding & trim coating, deck coating and others. These coatings provide excellent protection against extreme weather conditions including snow, sleet rain or hail mixed with wind driven water without the need of additional sealants or coatings which further increases its demand globally over other paints.
Regional Analysis:
North America emerged as the largest regional market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing construction activities and growing automotive industry in Mexico. In addition, rising number of renovation projects are also likely to drive product demand further.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid expansion of industrial sector coupled with increasing government investments for infrastructure development in India and China.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing awareness about the benefits of polyurea coatings over traditional coatings
- Rising R&D investments by leading players to develop innovative products
- Proliferation of online platforms for selling polyurea paints and coatings
- Growing number of applicators trained in using polyurea paints and coatings
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyurea Paint Market Research Report
By Type
Pure Polyurea Coating, Hybrid Polyurea Coating
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++ New Materials, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Polyurea Paint Market Report Segments:
The global Polyurea Paint market is segmented on the basis of:
Types
Pure Polyurea Coating, Hybrid Polyurea Coating
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++ New Materials
- Feiyang
- BASF
Highlights of The Polyurea Paint 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 Polyurea Coating
- Hybrid Polyurea Coating
- 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 Paint 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 paint is a type of paint that is made from polyurethane. It is a durable and weatherproofing paint that can be used on a variety of surfaces.
Some of the key players operating in the polyurea paint 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++ New Materials, Feiyang, BASF.
The polyurea paint 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 Paint 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 Paint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyurea Paint Market - Supply Chain
4.5. Global Polyurea Paint Market Forecast
4.5.1. Polyurea Paint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyurea Paint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyurea Paint Market Absolute $ Opportunity
5. Global Polyurea Paint 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 Paint Market Size and Volume Forecast by Type
5.3.1. Pure Polyurea Coating
5.3.2. Hybrid Polyurea Coating
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyurea Paint 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 Paint 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 Paint 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 Paint 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 Paint 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 Paint 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 Paint Demand Share Forecast, 2019-2029
9. North America Polyurea Paint 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 Paint 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 Paint 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 Paint Market Size and Volume Forecast by Type
9.7.1. Pure Polyurea Coating
9.7.2. Hybrid Polyurea Coating
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 Paint Demand Share Forecast, 2019-2029
10. Latin America Polyurea Paint 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 Paint 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 Paint 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 Paint Market Size and Volume Forecast by Type
10.7.1. Pure Polyurea Coating
10.7.2. Hybrid Polyurea Coating
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 Paint Demand Share Forecast, 2019-2029
11. Europe Polyurea Paint 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 Paint 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 Paint 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. Europe Polyurea Paint Market Size and Volume Forecast by Type
11.7.1. Pure Polyurea Coating
11.7.2. Hybrid Polyurea Coating
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market ttractiveness/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 Paint Demand Share, 2019-2029
12. Asia Pacific Polyurea Paint 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 Paint 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 Paint 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 Paint Market Size and Volume Forecast by Type
12.7.1. Pure Polyurea Coating
12.7.2. Hybrid Polyurea Coating
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 Paint Demand Share, 2019-2029
13. Middle East & Africa Polyurea Paint 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 Paint 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 Paint 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 Paint Market Size and Volume Forecast by Type
13.7.1. Pure Polyurea Coating
13.7.2. Hybrid Polyurea Coating
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 Paint Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Polyurea Paint Market: Market Share Analysis
14.2. Polyurea Paint Distributors and Customers
14.3. Polyurea Paint 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++ New Materials
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
