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Global polyurea market value is expected to exceed USD 13 billion by 2024 and is estimated to grow at a CAGR of over 12.5% from 2016 to 2024. The polymer is widely used in applications including transportation, industrial and construction owing to its distinctive properties and characteristics such as high thermal stability, fast curing time, excellent water insensitivity, and pigment compatibility.

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Global polyurea market size share growth industry analysis trends and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Polyurea Market Analysis, Size, Growth, Share, Industry Trends

and Forecasts, 2016 To 2024: Hexa Research

Global polyurea market value is expected to exceed USD 13 billion by 2024 and is

estimated to grow at a CAGR of over 12.5% from 2016 to 2024. The polymer is widely used

in applications including transportation, industrial and construction owing to its distinctive

properties and characteristics such as high thermal stability, fast curing time, excellent

water insensitivity, and pigment compatibility.

Polyurea is obtained by the reaction of synthetic resin polymer and isocyanate compounds,

through step-growth polymerization technique. It is treated to manufacture lining systems,

coatings, sealants, and adhesives.

The growing use of protective coatings in construction and automotive applications on

account of its high durability and rust prevention is anticipated to encourage the usage of

Contact: +1-800-489-3075

Email : [email protected]

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Global polyurea market size share growth industry analysis trends and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

the polymer. Production of low-cost and efficient coating alternatives including

polyurethane and epoxy is expected to hinder the market growth over the next eight years.

Browse Detail Report with TOC @http://www.hexaresearch.com/research-

report/polyurea-market-industry/

Polyurea is added to sealant formulations and adhesives to provide high adhesion to clean

substrates including concrete, wood, blasted steel and bitumen. The increasing demand

and need for sealants & adhesives as bonding materials particularly in construction and

automotive industries is anticipated to be a dominant factor in propelling market growth in

the future.

Growing expenditure on environment safety measures including lining systems in landfill

control and containment ponds is expected to steer polyurea demand. Stringent regulations

to mitigate environmental pollution by using polyurea to contain water for pool decorations

and ponds to form the main containment liner can be attributed as the major factor driving

the market growth.

Increased adoption of polyolefin built lining systems such as LDPE and HDPE in mining

and construction sectors at the global level is expected to pose a major threat for the

industry participants over the forecast period.

On the basis of application, the global market has been segmented into transportation,

construction and industrial. Construction was the largest application segment accounting

for over 40% of the total demand in 2015. Moisture insensitivity and high reactivity of

polyurea are expected to boost the product demand in this sector particularly in tank liners,

containment structures, and tunnels & manholes.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global polyurea market size share growth industry analysis trends and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Industrial application segment is expected to witness significant growth with net demand

estimated to be over 30 kilotons in 2014. Changing preferences from breakdown

maintenance to condition-based monitoring is expected to propel the manufacturing sector

of protective coatings which would in turn steer the polyurea market growth. Polyurea is

extensively used in applications including sealing and coatings materials in aerospace,

marine and automotive.

On the basis of raw material used, the global market has been segmented into aromatic

and aliphatic. Aromatic compounds accounted for over 65% of the global demand in 2015

and is expected to witness significant growth over the next eight years. These materials are

used in various applications since they provide better physical properties and

processability. Methylene diisocyanate is an aromatic compound that is used to

manufacture finished products at a low cost compared to aliphathic compounds.

Aliphatic compounds provide superior stability in ultraviolet light compared to aromatic

counterparts and hence they are used in feed for livestock to decrease body burdens of

toxics in animals.

Enquire before purchasing the "Polyurea Market” Report @

http://www.hexaresearch.com/inquiry-before-buying/22

On the basis of product type the global market has been segmented into lining, coating,

sealants, and adhesives. Coatings are expected to dominate the global market over the

forecast period accounting for over 60% of the total revenue in 2015. These products are

extensively used in automotive, healthcare industries and construction owing to distinctive

properties including abrasion resistance, corrosion protection, structural enhancement, and

waterproofing.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global polyurea market size share growth industry analysis trends and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Polyuria based lining products is expected to grow significantly on account of increasing

importance of waterproofing systems in construction industry to provide efficient sealing

properties. These products are majorly used in landfills and aquifer linings owing to

excellent chemical resistance to liquids and quickly drying finishes. Rising importance of

waterproofing membranes in the construction industry on account of providing good sealing

property is expected to have a favorable impact.

It is used as sealing material and caulking agent in control joints and expansion joints

especially in water reservoirs and floors since they exhibit dynamic crack-bridging

properties coupled with high tensile strength and elongation

North America was the largest regional market accounting for over 40% of the global

demand in 2015. The Strong presence of automotive and manufacturing bases in Mexico

and the U.S. is anticipated to propel the market growth in the region. Infrastructure

improvement in the U.S. and Mexico owing to growing number of suburban structures are

estimated to polyurea demand in coatings and adhesives.

Asia-Pacific is anticipated to witness significant growth rate owing to growing

manufacturing and construction sectors in regions including India, China and Thailand.

Increasing consumer disposable income coupled with growing investments in the real

estate owing to rising population is attributed as the key factor driving polyurea market

growth in the region.

Key vendors having majority of stake in the global industry include BASF, SWD

Polyurethane, W.R. Grace, Nukote Coating Systems International, PPG Industries, LINE-X

Protective Coatings, and Specialty Products. Other industry participants include

VersaFlexInc, Rhino Linings, VIP GmbH Kukdo Chemicals, and Wasser Corporation.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global polyurea market size share growth industry analysis trends and forecast to 2024 hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Browse Full Report @http://www.hexaresearch.com/research-report/polyurea-market-

industry/

About Us:

Hexa Research is a market research and consulting organization, offering industry reports,

custom research and consulting services to a host of key industries across the globe. We offer

comprehensive business intelligence in the form of industry reports which help our clients obtain

clarity about their business environment and enable them to undertake strategic growth

initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Felton Office Plaza

6265 Highway 9

Felton, California 95018

United States

Phone: +1-800-489-3075

Email: [email protected]

Website - http://www.hexaresearch.com/

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


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