Polyurea Global Market to Reach $1.5 Billion by 2030: Upswing in Construction Spending Lays Strong Foundation for Polyurea

DUBLIN, July 18, 2023 /PRNewswire/ -- The "Polyurea: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Polyurea estimated at US$923 Million in the year 2022, is projected to reach a revised size of US$1.5 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.

Aromatic, one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$999.6 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Aliphatic segment is readjusted to a revised 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $304.6 Million, While China is Forecast to Grow at 8.1% CAGR

The Polyurea market in the U.S. is estimated at US$304.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$232.3 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Select Competitors (Total 53 Featured) -

• Alberts Spray Solutions, LLC
• ArmorThane USA Inc.
• BASF SE
• Covestro AG
• Huntsman International LLC
• Krypton Chemical
• LINE-X LLC
• Nukote Coating Systems International
• Polycoat Products
• PPG Industries, Inc.
• Prokol Protective Coatings USA
• Rhino Linings Corporation
• Specialty Products Inc.
• Tecnopol Sistemas S.L.
• Teknos Group Oy
• The Sherwin-Williams Company
• Ultimate Linings
• VersaFlex Incorporated
• Wasser Corporation
• W. R. Grace & Co. - Conn.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• 2020: A Year of Disruption & Transformation
• As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
• World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
• Polyurea Tethers on Edge of Escalating Paints & Coatings Demand
• Polyurea - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Polyurea: An Introduction
• Aromatic Polyurea vs. Aliphatic Polyurea
• Polyurea Vs Epoxy
• Applications of Polyurea
• Market Outlook
• Recent Market Activity
• Polyurea Takes Coatings Evolution to Next Level with Intriguing Attributes

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Upswing in Construction Spending Lays Strong Foundation for Polyurea
• Global Construction Spending in US$ Trillion: 2015, 2020, 2025, 2030, and 2035
• Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
• Global Infrastructure Spending: Projected Infrastructure Investment Needs (in $ Trillion) by Sector Over the Period 2016-2040
• A Review of Construction Sector in Key Regional Markets
• United States
• US Monthly Construction Spending in US$ Billion: Dec 2020-July 2021
• US New Construction Starts in US$ Billion by Sector: 2020
• Swift Recovery for China
• Uptick in European Activity amid Material Demand-Supply Gap
• Faster Curing and Waterproof Characteristics of Polyurea Drive opportunities in Roofing Sector
• Recovery in Construction Spending to Spur Demand for Polyurea Sealants
• Resurgence in Industrial Sector Boosts Prospects for Polyurea
• Cold Storage: A Major Aspect of Cold Chain Logistics
• World Cold Storage Construction Market in US$ Billion: 2020, 2022, 2024 and 2026
• Beneficial Attributes of Polyurea Coatings Render it Viable for Numerous Applications
• Pure Polyurea Coatings for Abrasion & Corrosion Resistance
• Ability of Polyurea Surface Coating to Inhibit Growth of Microbes Drives its Importance in Healthcare Sector
• Polyurea Coatings Emerge as a Viable Solution for Rehabilitation of Wastewater Infrastructure
• Polyurea Coatings Gain as the Rise in Malls, Commercial Buildings & Large Residential Complexes Drive Need for Protecting Parking Lots
• Polyurea Coatings Emerge as a Reliable Solution for Wind Turbine Towers
• Global Offshore Wind Net Capacity Additions (In GW) for The Years 2018-2022
• Polyurea Coatings Take Marine Environments by Storm with High Corrosion Resistance & Related Cost Savings
• World Average Rig Count by Region: Jan-May 2021
• Polyurea in the Automotive Sector
• Revival of Automotive Industry to Drive Gains
• World Automobile Production in Million Units: 2008-2022
• Industry Eyes New Eco-friendly Coatings
• Polyurea Linings Find Extended Applications
• Recyclability Makes Polyurea Linings Attractive

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vnugvx

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