Global Polyurea Coatings Market – Analysis and Forecast to 2024 | VersaFlex Incorporated

Extremely tolerant and fast settling coatings are created using polyurea technology by adjusting properties of two reactive components. It is among the most resisting coatings due to its elasticity and toughness. These coatings are suitable to use in various industries and objects such as pipelines, mining industry, machines, secondary containment, transportation vehicles, steel structures, roofs, pools, concrete structures, and others. The polyurea coatings market is expected to witness an exponential growth during the forecast period, due to its fast-curing ability and an ability to withstand extreme weather conditions including high humidity and low temperatures.

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Geographic Overview
Globally, North America is the largest consumer of polyurea coatings market, hence holds the largest share in the overall market. However, during the forecast period, Asia-Pacific is anticipated to register the fastest growth in the market. This can be attributed to the increasing investment in emerging economies and rapid urbanization and industrialization.

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Competitive Insight
Some of the major players operating in the global polyurea coatings market are The Sherwin-Williams Company, VersaFlex Incorporated, PPG Industries, Inc., KUDKO CHEMICAL CO. LTD, Rhino Linings Corporation, Huntsman International LLC., Armorthane, Rust-Oleum, SPI Performance Coatings, and Lse Building Preservation Ltd.

Geographical Segmentation

Polyurea Coatings Market by Region

North America

• U.S.
• Canada

Europe

• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific

• Japan
• China
• India
• Taiwan
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East and Africa

• UAE
• South Africa
• Qatar
• Saudi Arabia
• Rest of Middle East and Africa

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