The global polyurea market is expected to reach USD 936.7 million by 2022, according to a new report by Grand View Research, Inc. Increasing importance of spray-based elastomeric coatings in automotive and construction industries on account of providing fast cure time is expected to remain a favorable factor for growth. In addition, rising importance of waterproofing membrane in civil construction and residential structures is expected to increase the use of sealing materials and thus likely to fuel demand.
Growth of the automotive industry in China, India and Mexico in light of new product launches along with easy access of raw materials is expected to fuel the demand for polyurea coatings. These coatings exhibit good rust prevention and excellent build-crack resistance. Increasing demand for eco-friendly coatings in automotive industry on account of rising concerns over greenhouse gas emissions is expected to drive growth. Demand for the polymer in transportation applications is anticipated to be 28.6 kilo tons by 2022.
Full Research Report On Global Polyurea Market By Grand View Research:
www.grandviewresearch.com/industry-analysis/polyurea-market
Further key findings from the study suggest:
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www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the global polyurea market by raw material, product, application and region:
Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
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www.grandviewresearch.com/press-release/global-polyurea-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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