Polyurea Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Polyurea Market Size, Market Share, Application Analysis,

Regional Outlook, Growth, Trends, Competitive Scenario

And Forecasts, 2012 To 2020

Industry Insights

Increasing demand for industrial coatings is expected to positively impact the polyurea market through

the forecast period. Formed through the reaction between a resin blend component and an isocyanate

component, polyurea exhibits fire-retardant properties and are used for protecting steel structures.

Some of the application areas include concrete bridges, social housing programs and government

construction projects. The global polyurea market is estimated to reach USD 1.40 billion by 2020.

Polyurea can be processed through hand applications or machine applications such as casting/pouring

and spray coating. Casting process utilizes a pouring gun whereas spray applications involve a machine

with proper mix ratio (1:1) of the polyamine and isocyanate components. Eco-friendly characteristics of

polyurea due to lack of Volatile Organic Compounds (VOCs) is expected to favorably impact the market

and increase applications in construction sector.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Polyurea also has high elongation and tensile strength that makes it suitable for sealing cracks. Superior

performance as compared to alternatives such as epoxy and polyurethanes is expected to drive polyurea

market demand. Increasing demand from these application industries is expected to fuel overall market

growth. However, improper specification of hybrid and pure products results in dissatisfaction among

the buyers causing lack of standardization, which may act as a barrier to market growth. There exists a

need for proper technical support and surface preparation solutions in order to overcome the barrier

and realize its market...