HOME Top Market Reports Polyurea Coatings Market by Raw Material, Polyurea Type, Technology, Application (Building & Construction, Transportation, Industrial, & Landscape), and by Region, (North America, Europe, Asia-Pacific, & RoW) - Global Forecast to 2020

Polyurea Coatings Market by Raw Material, Polyurea Type, Technology, Application (Building & Construction, Transportation, Industrial, & Landscape), and by Region, (North America, Europe, Asia-Pacific, & RoW) - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: October 2015
Report Code: CH 3857

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The polyurea coatings market, along with its applications, witnessed high growth in the past few years and is expected to follow the same trend in the coming years. This growth is mainly driven by the globally growing application sectors of building & construction, transportation, industrial, & landscape.

Asia-Pacific is the second-largest and the fastest-growing market for polyurea coatings. The dominance of the market by Asia-Pacific is attributed to the growing demand for transportation, industrial, and construction applications in India, China, Japan, and South Korea. North America and Europe are mature markets and are expected to register moderate CAGR compared to Asia-Pacific.

This study aims to estimate the market of polyurea coating for 2015 and project its demand till 2020. This market research study provides a detailed qualitative and quantitative analysis of the polyurea coating market. Various secondary sources, such as directories, industry journals, and databases have been used to identify and collect information useful for this extensive commercial study of the polyurea coating market. Primary sources, such as experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess prospects of polyurea coating market.

Competitive scenarios of the top players in the polyurea coating market have been discussed in detail. Leading players in this industry have also been profiled and their recent developments and other strategic industry activities have been identified. The key manufacturers of polyurea coatings are Versaflex Inc. (U.S.), PPG Industries (U.S.), Sherwin-Williams Company (U.S.), Rhino Linings (U.S.), Kukdo Chemicals (Korea), Nukote Coating Systems (U.S.), Specialty Products, Inc. (U.S.), Wasser Corporation (U.S.), and VIP GmbH (Germany), among others.

Scope of the Report

The market for polyurea coating has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included. The polyurea coating market is segmented as follows:

  • On the basis of raw material:
    • Aromatic Isocyanates-based
    • Aliphatic Isocyanates-based
  • On the basis of polyurea type:
    • Pure Polyurea
    • Hybrid Polyurea
  • On the basis of technology:
    • Spraying
    • Pouring
    • Hand Mixing
  • On the basis of application:
    • Building & Construction
    • Transportation
    • Industrial
    • Landscape
  • On the basis of region:
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Market
           1.3.1 Markets Covered
           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 (Page No. - 19)
    2.1 Introduction
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Assumptions
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities for Players
    4.2 Polyurea Coatings Market: Major Raw Material
    4.3 Polyurea Coatings Market: Developed vs Developing Nations
    4.4 Life Cycle Analysis, By Region
    4.5 Polyurea Coating Market in Asia-Pacific
    4.6 U.S. Dominated the Global Polyurea Coatings Market

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Raw Material
           5.2.2 By Polyurea Type
           5.2.3 By Technology
           5.2.4 By Application
           5.2.5 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Polyurea Coatings Replacing Other Competitive Coating Systems
                    5.3.1.2 Advancement in Polyurea Technology
                    5.3.1.3 High Growth in End-User Industry
           5.3.2 Restraints
                    5.3.2.1 Costlier Than Competitive Coating Technology
           5.3.3 Opportunities
                    5.3.3.1 New Technology in the Coating Market and Impending Applications
                    5.3.3.2 Growing Opportunities Across the Asia-Pacific Market
    5.4 Challenges
                    5.4.1.1 Toxic Raw Materials With Their Regulations
                    5.4.1.2 Already Existing Coating Technology

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Intensity of Competitive Rivalry
           6.3.2 Bargaining Power of Buyers
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Threat of Substitutes
           6.3.5 Threat of New Entrants
    6.4 Raw Materials Analysis
           6.4.1 Isocyanates
           6.4.2 Resin Blend
    6.5 Price Analysis

7 Polyurea Coating Market, By Raw Material (Page No. - 51)
    7.1  Introduction
    7.2 Aromatic Isocyanate-Based Segment
    7.3 Aliphatic Isocyanate-Based Segment

8 Polyurea Coating Market, By Polyurea Type (Page No. - 57)
    8.1 Introduction
    8.2 Pure Polyurea
    8.3 Hybrid Polyurea

9 Polyurea Coating Market, By Technology (Page No. - 62)
    9.1 Introduction
    9.2 Spraying
    9.3 Pouring
    9.4 Hand Mixing

10 Polyurea Coating Market, By Application (Page No. - 68)
     10.1 Introduction
     10.2 Building & Construction
     10.3 Transportation
     10.4 Industrial Application
     10.5 Landscape

11 Polyurea Coating Market, Regional Analysis (Page No. - 76)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 Germany
             11.3.2 Benelux
             11.3.3 U.K.
             11.3.4 France
             11.3.5 Spain
             11.3.6 Italy
             11.3.7 Rest of Europe
     11.4 Asia-Pacific
             11.4.1 China
             11.4.2 India
             11.4.3 Japan
             11.4.4 South Korea
             11.4.5 Rest of Asia-Pacific
     11.5 Rest of the World (RoW)
             11.5.1 Russia
             11.5.2 Brazil
     11.6 The Middle East & Africa
             11.6.1 Other Countries

12 Competitive Landscape (Page No. - 119)
     12.1 Overview
     12.2 Competitive Situation and Trends
             12.2.1 Overview
             12.2.2 New Product Launches: the Most Prevalent Growth Strategy
             12.2.3 Key Growth Strategies
                        12.2.3.1 New Product Launches
                        12.2.3.2 Investments & Expansions
                        12.2.3.3 Mergers & Acquisitions
                        12.2.3.4 Partnerships, Agreements, Collaborations, & Joint Ventures

13 Company Profiles (Page No. - 124)
     13.1 Introduction
     13.2 PPG Industries, Inc.
             13.2.1 Business Overview
             13.2.2 Products Offered
             13.2.3 Recent Developments
             13.2.4 SWOT Analysis
             13.2.5 MnM View
     13.3 The Sherwin-Williams Company
             13.3.1 Business Overview
             13.3.2 Products Offered
             13.3.3 Recent Developments
             13.3.4 SWOT Analysis
             13.3.5 MnM View
     13.4 Nukote Coating Systems
             13.4.1 Business Overview
             13.4.2 Products Offered
     13.5 Versaflex Inc.
             13.5.1 Business Overview
             13.5.2 Products Offered
             13.5.3 Recent Developments
     13.6 Specialty Products Inc.
             13.6.1 Business Overview
             13.6.2 Products Offered
     13.7 Armorthane Inc.
             13.7.1 Business Overview
             13.7.2 Products Offered
     13.8 Wasser Corporation
             13.8.1 Business Overview
             13.8.2 Products Offered
     13.9 Rhino Linings Corporation
             13.9.1 Business Overview
             13.9.2 Products Offered
             13.9.3 Recent Developments
     13.10 Kukdo Chemical Co., Ltd.
             13.10.1 Business Overview
             13.10.2 Products Offered
     13.11 Voelkel Industrial Products GmbH (VIP)
             13.11.1 Business Overview
             13.11.2 Products Offered
     13.12 Covestro (Bayer Materialscience)
             13.12.1 Business Overview
             13.12.2 Products Offered
             13.12.3 SWOT Analysis
             13.12.4 MnM View
     13.13 BASF SE
             13.13.1 Business Overview
             13.13.2 Products Offered
             13.13.3 SWOT Analysis
             13.13.4 MnM View
     13.14 Huntsman Corporation
             13.14.1 Business Overview
             13.14.2 Products Offered
             13.14.3 SWOT Analysis
             13.14.4 MnM View
     13.15 Lonza Group AG
             13.15.1 Business Overview
             13.15.2 Products Offered
             13.15.3 SWOT Analysis
             13.15.4 MnM View
     13.16 Albemarle Corp.
             13.16.1 Business Overview
             13.16.2 Products Offered
             13.16.3 Recent Developments
             13.16.4 SWOT Analysis
             13.16.5 MnM View
     13.17 Dorf Ketal
             13.17.1 Business Overview
             13.17.2 Products Offered

14 Appendix (Page No. - 150)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customizations
     14.5 Related Reports


List of Tables (96 Tables)

Table 1 Polyurea Coating Market Snapshot (2015 vs 2020): Market is Expected to Witness High Growth Rate From 2015 to 2020
Table 2 Polyurea Coating Market, By Type, 2013–2020 (USD Million)
Table 3 Polyurea Coating Market, By Type, 2013–2020 (Thousand Liter)
Table 4 Aromatic Isocyanate-Based Segment Market, By Region, 2013–2020 (USD Million)
Table 5 Aromatic Isocyanate-Based Segment Market, By Region, 2013–2020 (Thousand Liter)
Table 6 Aliphatic Isocyanate-Based Segment Market, By Region, 2013–2020 (USD Million)
Table 7 Aliphatic Isocyanate-Based Segment Market Size, By Region, 2013–2020 (Thousand Liter)
Table 8 Polyurea Coating Market, By Polyurea Type, 2013–2020 (USD Million)
Table 9 Polyurea Coating Market, By Polyurea Type, 2013–2020 (Thousand Liter)
Table 10 Pure Polyurea Market, By Region, 2013–2020 (USD Million)
Table 11 Pure Polyurea Market, By Region, 2013–2020 (Thousand Liter)
Table 12 Hybrid Polyurea Market, By Region, 2013–2020 (USD Million)
Table 13 Hybrid Polyurea Market Size, By Region, 2013–2020 (Thousand Liter)
Table 14 Polyurea Coating Market Size, By Technology, 2013–2020 (USD Million)
Table 15 Polyurea Coating Market Size, By Technology, 2013–2020 (Thousand Liter)
Table 16 Spraying Segment Market Size, By Region, 2013–2020 (USD Million)
Table 17 Spraying Segment Market Size, By Region, 2013–2020 (Thousand Liter)
Table 18 Pouring Segment Market Size, By Region, 2013–2020 (USD Million)
Table 19 Pouring Segment Market Size, By Region, 2013–2020 (Thousand Liter)
Table 20 Hand Mixing Segment Market Size, By Region, 2013–2020 (USD Million)
Table 21 Hand Mixing Segment Market Size, By Region, 2013–2020 (Thousand Liter)
Table 22 Polyurea Coatings Market Size, By Application, 2013–2020 (USD Million)
Table 23 Polyurea Coatings Market, By Application, 2013-2020 (Thousand Liter)
Table 24 Building & Construction Application Market Size, By Region, 2013–2020 (USD Million)
Table 25 Building & Construction Application Market Size, By Region, 2013–2020 (Thousand Liter)
Table 26 Transportation Application Market Size, By Region, 2013–2020 (USD Million)
Table 27 Transportation Application Market Size, By Region, 2013–2020 (Thousand Liter)
Table 28 Industrial Application Market Size, By Region, 2013–2020 (USD Million)
Table 29 Industrial Application Market Size, By Region, 2013–2020 (Thousand Liter)
Table 30 Landscape Application Market Size, By Region, 2013–2020 (USD Million)
Table 31 Landscape Application Market Size, By Region, 2013–2020 (Thousand Liter)
Table 32 Polyurea Coatings Market, By Region, 2013-2020 (USD Million)
Table 33 Polyurea Coatings Market, By Region, 2013-2020 (Thousand Liter)
Table 34 North America: Polyurea Coating Market Size, By Country,  2013–2020 (USD Million)
Table 35 North America: Polyurea Coating Market Size, By Country,  2013-2020 (Thousand Liter)
Table 36 North America: Polyurea Coating Market Size, By Raw Material,  2013-2020 (USD Million)
Table 37 North America: Polyurea Coating Market Size, By Raw Material,  2013-2020 (Thousand Liter)
Table 38 North America: Polyurea Coating Market Size, By Polyurea Type,  2013–2020 (USD Million)
Table 39 North America: Polyurea Coating Market Size, By Polyurea Type,  2013–2020 (Thousand Liter)
Table 40 North America: Polyurea Coating Market Size, By Technology,  2013–2020 (USD Million)
Table 41 North America: Polyurea Coating Market Size, By Technology,  2013-2020 (Thousand Liter)
Table 42 North America: Polyurea Coating Market Size, By Application,  2013–2020 (USD Million)
Table 43 North America: Polyurea Coating Market, By Application,  2013-2020 (Thousand Liter)
Table 44 U.S.: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 45 Canada: Polyurea Coating Market, 2013-2020 (Volume and Value)
Table 46 Mexico: Polyurea Coating Market, 2013-2020 (Volume and Value)
Table 47 Europe: Polyurea Coating Market, By Country, 2013-2020 (USD Million)
Table 48 Europe: Polyurea Coating Market, By Country, 2013-2020 (Thousand Liter)
Table 49 Europe: Polyurea Coating Market Size, By Raw Material,  2013–2020 (USD Million)
Table 50 Europe: Polyurea Coating Market Size, By Raw Material,  2013–2020 (Thousand Liter)
Table 51 Europe: Polyurea Coating Market Size, By Polyurea Type,  2013–2020 (USD Million)
Table 52 Europe: Polyurea Coating Market Size, By Polyurea Type,  2013–2020 (Thousand Liter)
Table 53 Europe: Polyurea Coating Market Size, By Technology,  2013-2020 (USD Million)
Table 54 Europe: Polyurea Coating Market Size, By Technology,  2013-2020 (Thousand Liter)
Table 55 Europe: Polyurea Coating Market, By Application, 2013–2020 (USD Million)
Table 56 Europe: Polyurea Coating Market, By Application, 2013–2020 (Thousand Liter)
Table 57 Germany: Polyurea Coating Market, 2013–2020 (Volume and Value)
Table 58 Benelux: Polyurea Coating Market, 2013–2020 (Volume and Value)
Table 59 U.K.: Polyurea Coating Market, 2013–2020 (Volume and Value)
Table 60 France: Polyurea Coating Market, 2013–2020 (Volume and Value)
Table 61 Spain: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 62 Italy: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 63 Rest of Europe: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 64 Asia-Pacific: Polyurea Coatings Market, By Country,  2013-2020 (USD Million)
Table 65 Asia-Pacific: Polyurea Coatings Market, By Country, 2013–2020 (Thousand Liter)
Table 66 Asia-Pacific: Polyurea Coatings Market, By Raw Material, 2013-2020 (USD Million)
Table 67 Asia-Pacific: Polyurea Coatings Market, By Raw Material, 2013–2020 (Thousand Liter)
Table 68 Asia-Pacific: Polyurea Coatings Market Size, By Polyurea Type,  2013-2020 (USD Million)
Table 69 Asia-Pacific: Polyurea Coatings Market Size, By Polyurea Type,  2013-2020 (Thousand Liter)
Table 70 Asia-Pacific: Polyurea Coatings Market Size, By Technology,  2013-2020 (USD Million)
Table 71 Asia-Pacific: Polyurea Coatings Market Size, By Technology,  2013-2020 (Thousand Liter)
Table 72 Asia-Pacific: Polyurea Coatings Market, By Application,  2013-2020 (USD Million)
Table 73 Asia-Pacific: Polyurea Coatings Market, By Application,  2013–2020 (Thousand Liter)
Table 74 China: Polyurea Coatings Market Size, 2013–2020 (Volume and Value)
Table 75 India: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 76 Japan: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 77 South Korea: Polyurea Coatings Market Size, 2013–2020 (Volume and Value)
Table 78 Rest of Asia-Pacific: Polyurea Coatings Market Size, 2013–2020 (Volume and Value)
Table 79 RoW: Polyurea Coatings Market, By Country, 2013–2020 (USD Million)
Table 80 RoW: Polyurea Coatings Market, By Country, 2013–2020 (Thousand Liter)
Table 81 RoW: Polyurea Coatings Market Size, By Raw Material, 2013–2020 (USD Million)
Table 82 RoW: Polyurea Coatings Market, By Raw Material, 2013–2020 (Thousand Liter)
Table 83 RoW: Polyurea Coatings Market Size, By Polyurea Type,  2013-2020 (USD Million)
Table 84 RoW: Polyurea Coatings Market Size, By Polyurea Type,  2013–2020 (Thousand Liter)
Table 85 RoW: Polyurea Coatings Market Size, By Technology,  2013–2020 (USD Million)
Table 86 RoW: Polyurea Coatings Market Size, By Technology,  2013–2020 (Thousand Liter)
Table 87 RoW: Polyurea Coatings Market, By Application, 2013–2020 (USD Million)
Table 88 RoW: Polyurea Coatings Market, By Application, 2013–2020 (Thousand Liter)
Table 89 Russia: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 90 Brazil: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 91 The Middle East & Africa: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 92 Other Countries: Polyurea Coatings Market, 2013–2020 (Volume and Value)
Table 93 New Product Launch, 2011–2015
Table 94 Investments & Expansions, 2011–2015
Table 95 Mergers & Acquisitions, 2011-2015
Table 96 Partnership, Agreement & Joint Venture, 2011-2015


List of Figures (69 Figures)

Figure 1 Polyurea Coatings Market Segmentation
Figure 2 Year-Wise Scope of the Study
Figure 3 Polyurea Coatings Market: Research Methodology
Figure 4 Key Data Taken From Secondary Sources
Figure 5 Key Data Taken From Primary Sources
Figure 6 Breakdown of Primary Interviews, By Company Type,  Designation, and Region
Figure 7 Market Size Estimation: Bottom-Up Approach
Figure 8 Market Size Estimation: Top-Down Approach
Figure 9 Data Mining & Analysis
Figure 10 Limitations of the Research Study
Figure 11 Asia-Pacific Dominating the Global Polyurea Coatings Market
Figure 12 Building & Construction Application Segment Expected to Drive Market Growth
Figure 13 Building & Construction Application Accounts for the Largest Share in Global Polyurea Coatings Market Between 2015 and 2020
Figure 14 Asia-Pacific is the Fastest-Growing Polyurea Coatings Market
Figure 15 Emerging Economies Will Offer Lucrative Growth Potential for Market Players
Figure 16 Aliphatic Isocyanates Based Segment to Grow at the Highest Rate in Polyurea Coatings Market Between 2015 and 2020
Figure 17 Developing Markets to Grow Faster Than the Developed Ones
Figure 18 Asia-Pacific Expected to Grow Rapidly During the Forecast Period
Figure 19 Building & Construction Segment Accounted for the Largest Share of the Polyurea Coatings Market in Asia-Pacific in 2014
Figure 20 Asia-Pacific is Estimated to Witness High Growth Rate During the Forecast Period
Figure 21 The U.S. Accounted for the Largest Share in the Polyurea Coatings Market in 2014
Figure 22 Polyurea Coatings, By Raw Material
Figure 23 Polyurea Coatings, By Polyurea Type
Figure 24 Polyurea Coatings, By Technology
Figure 25 Polyurea Coatings, By Application
Figure 26 Polyurea Coatings, By Region
Figure 27 Drivers, Restraints, Opportunities, and Challenges
Figure 28 Polyurea Coating Value Chain Analysis
Figure 29 Porter’s Five Forces Analysis
Figure 30 Formation of Polyurea Coatings
Figure 31 Aromatic Isocyanates-Based Segment Dominates Polyurea Coatings Market, By Raw Material, 2015 vs 2020 (USD Million)
Figure 32 Polyurea Coatings Market, By Raw Material, By Region, 2014
Figure 33 Hybrid Polyurea Segment Dominates Polyurea Coatings Market, By Type, 2015 vs 2020 (USD Million)
Figure 34 Hand Mixing is the Fastest-Growing Key End-User Industry, Followed By Pouring
Figure 35 Rising Prevalence of Major Application Sector Will Continue to Drive the Market
Figure 36 Landscape is the Fastest-Growing Application for Polyurea Coatings
Figure 37 Regional Snapshot (2014) — Rapid Growth Markets are Emerging SA New Strategic Locations
Figure 38 Asia-Pacific— A Potential Market for Polyurea Coatings Market
Figure 39 Market for Polyurea Coatings Expected to Be Driven By Asia-Pacific
Figure 40 Future Growth for Polyurea Coatings Applications Centered on Asia-Pacific
Figure 41 Polyurea Coatings Market—Asia-Pacific A Lucrative Destination for Growth in 2014
Figure 42 North America: the Largest Market for Polyurea Coatings in 2014
Figure 43 North America Market Snapshot: Demand Will Be Driven By End-User Industries
Figure 44 U.S.: Polyurea Coatings Market
Figure 45 Europe: Polyurea Coatings Market
Figure 46 Germany:The Key Market in Europe
Figure 47 Asia-Pacific Market Snapshot – Potential Market for Polyurea Coatings Manufacturers
Figure 48 Building & Construction Segment to Dominate the Polyurea Coatings Market During the Forecast Period
Figure 49 Companies Adopted New Product Launches SA One of the Key Strategies
Figure 50 Market Evaluation Framework- Significant New Products Launches Fuelled Growth and Innovation in the Market
Figure 51 Regional Revenue Mix of Top Five Market Players
Figure 52 PPG Industries, Inc.: Company Snapshot
Figure 53 PPG Industries, Inc.: SWOT Analysis
Figure 54 The Sherwin-Williams Company: Company Snapshot
Figure 55 The Sherwin-Williams Company: SWOT Analysis
Figure 56 Nukote Coating Systems: Company Snapshot
Figure 57 Versaflex Inc.: Company Snapshot
Figure 58 Specialty Products Inc.: Company Snapshot
Figure 59 Armorthane Inc.: Company Snapshot
Figure 60 Wasser Corporation: Company Snapshot
Figure 61 Rhino Linings Corporation: Company Snapshot
Figure 62 Kukdo Chemical Co., Ltd.: Company Snapshot
Figure 63 Voelkel Industrial Products GmbH: Company Snapshot
Figure 64 Covestro: Company Snapshot
Figure 65 Covestro: SWOT Analysis
Figure 66 BASF SE: Company Snapshot
Figure 67 BASF SE: SWOT Analysis
Figure 68 Huntsman Corporation: Company Snapshot
Figure 69 Huntsman Corporation: SWOT Analysis

The polyurea coating market size, in terms of value, is estimated to reach USD 971.5 Million by 2020, at a CAGR of over 12.84% between 2015 and 2020.

The polyurea coating market recorded a high growth rate in the past few years and is expected to follow the same in the coming years. This growth is driven by the building & construction, transportation, industrial, and landscape applications.

Currently, the North America region is the largest market of polyurea coatings while Asia-Pacific is estimated to witness the highest CAGR. Asia-Pacific countries, such as China, India, South Korea, and South East Asian countries are expected to lead the Asia-Pacific polyurea coating market, with China accounting for the largest share in the regional demand. Currently, the market size, in terms of volume, for polyurea coatings is comparatively low in India. However, India is expected to grow at the highest rate in Asia-Pacific.

North America and Asia-Pacific are the most active markets in terms of strategic initiatives undertaken by the market players. Factors, such as huge and increasingly addressable customer base and the shift in manufacturing base from North America and Europe to Asia-Pacific are driving the growth of the polyurea coating market in the Asia-Pacific region.

The leading polyurea coating manufacturers are Versaflex Inc. (U.S.), PPG Industries (U.S.), Sherwin-Williams Company (U.S.), Rhino Linings (U.S.), Kukdo Chemicals (Korea), Nukote Coating Systems (U.S.), Specialty Products, Inc. (U.S.), Wasser Corporation (U.S.), and VIP GmbH (Germany), among others.

This report covers the polyurea coatings market by key regions and the important countries in each of these regions. It also provides a detailed segmentation of the polyurea coatings market on the basis of raw material, polyurea type, technology, and applications.

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