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Polyaspartic Coatings Market by Type (Pure Polyurea and Hybrid Polyurea), by Technology (Water-Borne, Solvent-Borne, and Powder Coatings), and by End-User (Building & Construction, Transportation, Infrastructure, Power Generation, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 01-Aug-2019 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4527 Status : Published

Global polyaspartic coatings market expected to reach around USD 603 million by 2025, at a CAGR of 7.8% between 2019 and 2025. The global polyaspartic coatings market is projected to witness notable growth over the forecast time period, owing to the increasing applications of polyaspartic coatings in the building and construction industry.

Description

The report covers a forecast and an analysis of the polyaspartic coatings market on a global and regional level. The study provides historical information from 2016 and 2018 with a forecast from 2019 to 2025 based on both volume (Kilotons) and revenue (USD Million). The study covers the key drivers and restraints for the polyaspartic coatings market and provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the polyaspartic coatings market on a global level.

In order to offer the users of this report, a comprehensive read of the polyaspartic coatings market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the polyaspartic coatings market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.

Global Polyaspartic Coatings Market

The study also includes the market share of the key participant’s operating in the polyaspartic coatings market across the globe. Additionally, the report covered the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.

The study provides a crucial view of the polyaspartic coatings market by segmenting it based on type, technology, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

Some major players of the global polyaspartic coatings market are The Sherwin-Williams, BASF, Covestro, AkzoNobel, PPG Industries, Rust-Oleum, Hempel, Laticrete, VIP Coatings, and SIKA.

This report segments the global polyaspartic coatings market into:

Global Polyaspartic Coatings Market: Type Analysis

  • Pure Polyurea
  • Hybrid Polyurea

Global Polyaspartic Coatings Market: Technology Analysis

  • Water-Borne
  • Solvent-Borne
  • Powder Coatings

Global Polyaspartic Coatings Market: End-User Analysis

  • Building and Construction
  • Transportation
  • Infrastructure
  • Power Generation
  • Others

Global Polyaspartic Coatings Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Polyaspartic Coatings Market, 2016-2025 (Kilotons) (USD Million)
    • 2.2. Polyaspartic Coatings Market Snapshot
  •  
  • Chapter 3. Polyaspartic Coatings Market: Industry Analysis
    • 3.1. Polyaspartic Coatings Market Dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Higher efficiency as compared to conventional coating technology
      • 3.3.2. Quick and safe application
    • 3.4. Restraints
      • 3.4.1. Higher cost as compared to conventional coatings
    • 3.5. Opportunity
      • 3.5.1. Growing opportunities in emerging economies
      • 3.5.2. Increase in industrial and commercial construction
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by type
      • 3.7.2. Market attractiveness analysis by technology
      • 3.7.3. Market attractiveness analysis by end-user
      • 3.7.4. Market attractiveness analysis by region
  •  
  • Chapter 4. Global Polyaspartic Coatings Market: Value Chain Analysis
    • 4.1. Polyaspartic Coatings Market: Value Chain Analysis
    • 4.2. Polyaspartic Coatings Market Raw Material Analysis
      • 4.2.1. List of Raw Materials
      • 4.2.2. Polyaspartic Coatings Market Raw Material Manufacturers List
      • 4.2.3. Price Trends of Polyaspartic Coatings Market Key Raw Materials
    • 4.3. List of Potential Buyers
    • 4.4. Marketing Channel
      • 4.4.1. Direct Marketing
      • 4.4.2. Indirect Marketing
      • 4.4.3. Marketing Channel Development Trend
  •  
  • Chapter 5. Global Polyaspartic Coatings Market: Competitive Landscape
    • 5.1. Company Market Share Analysis
      • 5.1.1. Global Polyaspartic Coatings Market: Company Market Share, 2018
    • 5.2. Strategic Development
      • 5.2.1. Acquisitions & Mergers
      • 5.2.2. New Product Launch
      • 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 5.2.4. Research and Development and Regional Expansion
    • 5.3. Type Portfolio
  •  
  • Chapter 6. Global Polyaspartic Coatings Market: Type Overview
    • 6.1. Global Polyaspartic Coatings Market Share, by Type, 2018 and 2025
    • 6.2. Pure Polyurea
      • 6.2.1. Overview
      • 6.2.2. Global Polyaspartic Coatings Market by Pure Polyurea, 2016-2025 (Kilotons) (USD Million)
    • 6.3. Hybrid Polyurea
      • 6.3.1. Overview
      • 6.3.2. Global Polyaspartic Coatings Market by Hybrid Polyurea, 2016-2025 (Kilotons) (USD Million)
  •  
  • Chapter 7. Global Polyaspartic Coatings Market: Technology Overview
    • 7.1. Global Polyaspartic Coatings Market Share, by Technology, 2018 and 2025
    • 7.2. Water-Borne
      • 7.2.1. Overview
      • 7.2.2. Global Polyaspartic Coatings Market for Water-Borne, 2016-2025 (Kilotons) (USD Million)
    • 7.3. Solvent-Borne
      • 7.3.1. Overview
      • 7.3.2. Global Polyaspartic Coatings Market for Solvent-Borne, 2016-2025 (Kilotons) (USD Million)
    • 7.4. Powder Coatings
      • 7.4.1. Overview
      • 7.4.2. Global Polyaspartic Coatings Market for Powder Coatings, 2016-2025 (Kilotons) (USD Million)
  •  
  • Chapter 8. Global Polyaspartic Coatings Market: End-User Overview
    • 8.1. Global Polyaspartic Coatings Market Share, by End-User, 2018 and 2025
    • 8.2. Building & Construction
      • 8.2.1. Overview
      • 8.2.2. Global Polyaspartic Coatings Market for Building & Construction, 2016-2025 (Kilotons) (USD Million)
    • 8.3. Transportation
      • 8.3.1. Overview
      • 8.3.2. Global Polyaspartic Coatings Market for Transportation, 2016-2025 (Kilotons) (USD Million)
    • 8.4. Infrastructure
      • 8.4.1. Overview
      • 8.4.2. Global Polyaspartic Coatings Market for Infrastructure, 2016-2025 (Kilotons) (USD Million)
    • 8.5. Power Generation
      • 8.5.1. Overview
      • 8.5.2. Global Polyaspartic Coatings Market for Power Generation, 2016-2025 (Kilotons) (USD Million)
    • 8.6. Others
      • 8.6.1. Overview
      • 8.6.2. Global Polyaspartic Coatings Market for Others, 2016-2025 (Kilotons) (USD Million)
  •  
  • Chapter 9. Global Polyaspartic Coatings Market: Regional Analysis
    • 9.1. Global Polyaspartic Coatings Market: Regional overview
      • 9.1.1. Global Polyaspartic Coatings Market Share, by Region, 2018 and 2025
    • 9.2. North America
      • 9.2.1. North America Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
      • 9.2.2. North America Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
      • 9.2.3. North America Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
      • 9.2.4. North America Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
      • 9.2.5. North America Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
      • 9.2.6. North America Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.2.7. The U.S.
        • 9.2.7.1. The U.S. Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.2.7.2. The U.S. Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.2.7.3. The U.S. Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.2.7.4. The U.S. Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.2.7.5. The U.S. Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.2.7.6. The U.S. Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.2.8. Rest of North America
        • 9.2.8.1. Rest of North America Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.2.8.2. Rest of North America Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.2.8.3. Rest of North America Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.2.8.4. Rest of North America Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.2.8.5. Rest of North America Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.2.8.6. Rest of North America Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
    • 9.3. Europe
      • 9.3.1. Europe Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
      • 9.3.2. Europe Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
      • 9.3.3. Europe Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
      • 9.3.4. Europe Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
      • 9.3.5. Europe Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
      • 9.3.6. Europe Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.3.7. UK
        • 9.3.7.1. UK Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.3.7.2. UK Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.3.7.3. UK Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.3.7.4. UK Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.3.7.5. UK Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.3.7.6. UK Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.3.8. France
        • 9.3.8.1. France Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.3.8.2. France Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.3.8.3. France Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.3.8.4. France Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.3.8.5. France Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.3.8.6. France Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.3.9. Germany
        • 9.3.9.1. Germany Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.3.9.2. Germany Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.3.9.3. Germany Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.3.9.4. Germany Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.3.9.5. Germany Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.3.9.6. Germany Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.3.10. Rest of Europe
        • 9.3.10.1. Rest of Europe Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.3.10.2. Rest of Europe Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.3.10.3. Rest of Europe Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.3.10.4. Rest of Europe Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.3.10.5. Rest of Europe Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.3.10.6. Rest of Europe Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
      • 9.4.2. Asia Pacific Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
      • 9.4.3. Asia Pacific Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
      • 9.4.4. Asia Pacific Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
      • 9.4.5. Asia Pacific Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
      • 9.4.6. Asia Pacific Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.4.7. China
        • 9.4.7.1. China Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.4.7.2. China Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.4.7.3. China Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.4.7.4. China Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.4.7.5. China Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.4.7.6. China Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.4.8. Japan
        • 9.4.8.1. Japan Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.4.8.2. Japan Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.4.8.3. Japan Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.4.8.4. Japan Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.4.8.5. Japan Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.4.8.6. Japan Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.4.9. India
        • 9.4.9.1. India Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.4.9.2. India Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.4.9.3. India Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.4.9.4. India Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.4.9.5. India Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.4.9.6. India Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.4.10. Rest of Asia Pacific
        • 9.4.10.1. Rest of Asia Pacific Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.4.10.2. Rest of Asia Pacific Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.4.10.3. Rest of Asia Pacific Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.4.10.4. Rest of Asia Pacific Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.4.10.5. Rest of Asia Pacific Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.4.10.6. Rest of Asia Pacific Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
    • 9.5. Latin America
      • 9.5.1. Latin America Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
      • 9.5.2. Latin America Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
      • 9.5.3. Latin America Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
      • 9.5.4. Latin America Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
      • 9.5.5. Latin America Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
      • 9.5.6. Latin America Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.5.7. Brazil
        • 9.5.7.1. Brazil Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.5.7.2. Brazil Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.5.7.3. Brazil Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.5.7.4. Brazil Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.5.7.5. Brazil Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.5.7.6. Brazil Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
      • 9.5.8. Rest of Latin America
        • 9.5.8.1. Rest of Latin America Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
        • 9.5.8.2. Rest of Latin America Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
        • 9.5.8.3. Rest of Latin America Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
        • 9.5.8.4. Rest of Latin America Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
        • 9.5.8.5. Rest of Latin America Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
        • 9.5.8.6. Rest of Latin America Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Polyaspartic Coatings Market Volume, by Type, 2016-2025 (Kilotons)
      • 9.6.2. The Middle East and Africa Polyaspartic Coatings Market Revenue, by Type, 2016-2025 (USD Million)
      • 9.6.3. The Middle East and Africa Polyaspartic Coatings Market Volume, by Technology, 2016-2025 (Kilotons)
      • 9.6.4. The Middle East and Africa Polyaspartic Coatings Market Revenue, by Technology, 2016-2025 (USD Million)
      • 9.6.5. The Middle East and Africa Polyaspartic Coatings Market Volume, by End-User, 2016-2025 (Kilotons)
      • 9.6.6. The Middle East and Africa Polyaspartic Coatings Market Revenue, by End-User, 2016-2025 (USD Million)
  •  
  • Chapter 10. Company Profiles
    • 10.1. The Sherwin-Williams Company
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. BASF
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. Covestro
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. AkzoNobel
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. PPG Industries
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. Rust-Oleum
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Hempel Group
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. Laticrete
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. VIP Coatings
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments
    • 10.10. SIKA
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product Portfolio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Developments

Methodology

Free Analysis

Polyaspartic is an aliphatic polyurea that is derived from an aliphatic polyisocyanate component reaction product and a polyaspartic ester element, which is a new diamine/amine functional coreactant of aliphatic polyisocyanate. Polyaspartic coatings are used in a wide variety of applications, such as metal coatings in bridge beams, railways, offshore marine items, sports stadiums, etc.

The global polyaspartic coatings market is projected to witness notable growth over the forecast time period, owing to the increasing applications of polyaspartic coatings in the building and construction industry. Polyaspartic coating is widely used as stone carpets, topcoats, sealants, and waterproofing. Moreover, the emerging applications of polyaspartic coatings in the marine industry, as these coatings provide excellent corrosion resistance and dry extremely fast, which are anticipated to further propel the polyaspartic coatings market globally. However, the high cost of polyaspartic coatings than its substitutes, such as polyurethane and epoxy coatings, may hamper the polyaspartic coatings market growth in the years ahead. Conversely, the growing polyaspartic coatings use, particularly in the emerging economies, is expected to further boost the polyaspartic coatings market growth.

Global Polyaspartic Coatings Market

Polyaspartic coatings market is classified on the basis of type, technology, and end-user. The type segment includes pure polyurea and hybrid polyurea. Hybrid polyurea contributed the largest share to the global polyaspartic coatings market in 2018 and is projected to maintain its growth in the upcoming years as well. Based on technology, the polyaspartic coatings market includes solvent-borne, water-borne, and powder coatings. Solvent-borne technology dominated the global polyaspartic coatings market in 2018. The end-user segment of the polyaspartic coatings market comprises transportation, building and construction, infrastructure, power generation, and others. The building and construction segment contributed the largest share to the global market in 2018 and is expected to register the fastest growth in the future.

The Asia Pacific is the largest contributor to the polyaspartic coatings market globally and is projected to continue its dominance in the future as well. This regional dominance is attributed to the rising polyaspartic coatings demand by the automotive and construction industries in the developing countries of India, China, and Indonesia. Moreover, technological advancements witnessed in polyaspartic coatings are likely to enhance its consumption globally. The North American polyaspartic coatings market is predicted to grow significantly over the upcoming years.

Some major players of the global polyaspartic coatings market are The Sherwin-Williams, BASF, Covestro, AkzoNobel, PPG Industries, Rust-Oleum, Hempel, Laticrete, VIP Coatings, and SIKA.

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