A new report by XploreMR studies the growth drivers, trends, restraints, and highlights of the global polyurea coatings market. Presenting exclusive insights into the market from 2019 to 2029, the report projects that the market will witness notable growth during the forecast period. Polyurea coatings are obtained from polyaddition reactions of aliphatic/aromatic isocyanate or prepolymer components when mixed in an equal proportion with a polyfunctional mixture of amines. On the back of this process, polyurea coatings possess strong physical properties such as high surface strength, high thermal stability, high tensile strength along with extreme flexibility, hence gaining a competitive edge over conventional coatings. The growth of the market is primarily attributed to increasing consumer awareness regarding high-quality waterproof coating, growth of adoption in mining and construction sectors, and increasing investments on infrastructural developments. High adoption of the coatings in the polyurea coatings market is also expected to complement the growth of the market.
Superior Quality Augments Adoption in Infrastructural Activities
The advantages of polyurea coatings over traditional coatings act as the most significant growth drivers of market growth. Polyurea coatings are hydrophobic in nature, which makes them ideal for waterproofing applications, and offers resistance against several chemicals. Moreover, polyurea coatings have superior physical properties such as high surface strength, high thermal stability, high tensile strength, and extreme flexibility. In addition to being compatible for pigmentation with different colors, polyurea coatings have a high range of flexibility from soft to hard elastomers, and can be reinforced with fibers if needed. Furthermore, polyurea coatings find significant adoption in a wide range of applications such as concrete coatings, pipeline coatings, tank linings, truck bed liners, railcar coatings, floor joint or seam sealants, secondary containment, foam, and EPS coating, among others. Besides, increased spending on residential construction and public infrastructure such as public transport, will also catalyze the market growth. However, applications involving polyurea coatings have health risks owing to the toxicity of amine substrates. Moreover, stringent regulations regarding the use of polyurea coatings are also expected to restrain the growth of the market.
Construction Activities in North America and Europe Channel Significant Revenue
North America and Europe are expected to bestow lucrative opportunities to remain the most attractive markets for polyurea coatings. The revenue from these regions is channeled through dominance is primarily attributed to high usage in subways, construction, waterproofing, and marine activities. Likewise, Asia Pacific will also contribute to the growth of the global market, on the back of increasing construction activities and flourishing infrastructure sector in the region. The growth of the region is also aided by increasing regulations on VOC emissions.