Global Polyaspartic Coatings Market Size was valued nearly USD 3.58 billion by 2016 and is estimated to reach up to USD 5.14 billion by 2025. According to the latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7.2% during the forecast period that is 2018-2025.  Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years. Market analysis and forecast of global adhesive tapes market on the basis of region, substrate, and application or end-use industry.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global polyaspartic coatings market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global polyaspartic coatings market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Segment Analysis 

By Type Insights: It has been two types of segmented based on pure polyuria, hybrid polyurea. Hybrid polyuria is a mixture of polyamine, polyol, and isocyanate. Pure Polyurea is a mixture of isocyanates and amine terminated resins. Hybrid polyuria is more sensitive than pure polyuria. The advantages of hybrids polyureas are high abrasion resistance, adhesion to metal, rapid reactivity, better impact resistance, high concrete structures. Hybrid polyaspartic coatings are used in the building and construction sector, transportation and power generation sector.

By End-Use Industry: In terms of end users, the polyaspartic coatings are largely used in Building and construction sector is that concrete floor coating. The advantages of polyaspartic coatings are strong adhesion, high resistance to temperature, light, and rapid curing. Then the polyaspartic coatings are used in the power sector, due to these coatings provide the prevention against corrosion coupled with a low maintenance cost, offshore wind turbine blades, and power equipment.

Regional Analysis

The global polyaspartic coatings market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific is expected to be the fastest growing region in the global industrial absorbents market, due to increasing industrialization and growth in the building and construction, industrial and power generation sectors of the region. Rising end-use industries such as building and construction sectors and others in growing countries such as China and India are expected to help in the growth of industrial absorbents market over the forecast period.

Global Polyaspartic Coatings Market Size, Share Analysis By Region 2017

North America and Europe market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.    

Global Polyaspartic Coatings Market Study Objective

1. To forecast the market size of polyaspartic coatings market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of polyaspartic coatings market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of polyaspartic coatings market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of polyaspartic coatings market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the polyaspartic coatings market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.  

Key Player

The key players operating in the market are  Covestro AG, The Sherwin-Williams Company, PPG Industries, BASF SE, AkzoNobel, Hempel Group, Rust-Oleum, Laticrete, SIKA AG, Satyen Polymers, and VIP Coatings.

Global Polyaspartic Coatings Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.