Global Polyaspartic Coatings Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a XX % CAGR of around during a forecast period.
Global Polyaspartic Coatings Market, by Region
The global market for polyaspartic coatings is witnessing growth on the back of recovery of the Commercial sector globally. Polyaspartic coatings display features of high durability and hardness that make them preferable over commonly used coatings such as epoxy and polyurethanes. Reduced drying times, greater film thickness, long pot life, odorless, low color values, and high compatibility with most surfaces also make them preferable for concrete floor applications. Polyaspartic coatings also offer prevention against corrosion that makes them suitable for harsh environment applications.
Based on type, Solvent based is currently displays leading demand in the market. The rising demand for water-based paint and coating formulations due to environmental concerns is expected to bode well for solvent based technology in the upcoming years. On the other hand, the powder-based technology segment held a minuscule share of the polyaspartic coatings market in 2018.
At present, the commercial sector displays a surging demand for green and sustainable products that do not discharge toxic substances in the environment. Developing regions are increasingly in need of low-cost commercial housing options as well as infrastructure such as bridges, flyovers, highways, airways, and urban rail. Countries such as India, China, and Japan are seen allocating larger funds towards infrastructure development, and this could be a potentially key factor that could promote the growth of the polyaspartic coatings market in the coming years.
The report analyzed that North America held a significant XX% share in the Polyaspartic Coatings Market. Europe and Asia Pacific collectively accounted for more than XX% demand for polyaspartic coatings in 2018. Expansion of the Residential sector in China, India, Malaysia, Thailand, Vietnam, and Indonesia is likely to propel the demand for polyaspartic coatings during the report’s forecast period.
The research study includes the profiles of leading companies operating in the Polyaspartic Coatings Market. PPG Industries is one of the leading manufacturers of performance coatings, worldwide. The company invests and emphasizes on R&D activities to come up with new technologies in the paints and coatings market. The company has two separate innovation centers and mobility teams that emphasis on new developments in the areas the company caters to.
The objective of the report is to present a comprehensive analysis of the Global Polyaspartic Coatings Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Polyaspartic Coatings Market dynamics, structure by analyzing the market segments and project the Global Polyaspartic Coatings Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Polyaspartic Coatings Market make the report investor’s guide.Scope of Global Polyaspartic Coatings Market:
Global Polyaspartic Coatings Market,by Type
• Solvent Coatings• Powder CoatingsGlobal Polyaspartic Coatings Market, by Application
• Residential• Commercial• IndustrialGlobal Polyaspartic Coatings Market, by Region
• North America• Europe• Asia Pacific• Middle East & Africa• Latin AmericaKey Player Analysed in Global Polyaspartic Coatings Market
• Akzo Nobel N.V.• PPG Industries• Sika Corporation• The Sherwin Williams Company• Covestro AG• Cipy Polyurethanes Pvt. LTD• Rust-Oleum Corporation• BASF SE• Covestro AG• Sika AG• Duraamen Engineered Products Inc.,• Chromaflo Technologies Corporation• Iron Man Coatings• NEOGARD• Polyval Coatings Inc• PATCHAM• FLEXMAR Coatings Inc• Enviro Epoxy Products Inc.• TTM Finishes Inc.• TSE Industries Inc.• Rhino Linings Corporation• Zhuhai Feiyang Novel Materials Corporation Limited
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