Polyurea Market Size Is Expected to Reach 249.6 Kilo Tons by 2022 Growing at a Cagr of 4.8% by 2022

Polyurea market size is forecast to register surge at a CAGR of 4.8% and reach 249.6 kilo tons from 2015 to 2022, according to the new research by Global Market Insights. The report provides 7 year market projections with important analytical and statistical information on the global developments, technology shifts, industry structure, applications, market shares, key market players, industry dynamics, and critical market trends.

The report provides:

• An in-depth analysis of the global polyurea market.

• Analysis of global market trends, with data from15, forecasts for 2016, and projections of CAGRs through 2022.

• Detailed analysis of applications.

• Exploring the latest trends and new technological advancements in the market.

• Profiles of key market participants.

The polymer is obtained by the reaction of isocyanate compounds and synthetic resin polymer, through the technique of step-growth polymerization. It has distinctive properties like pigment compatibility, fast set-time, thermal stability, highly crack resistant, and superior water sensitivity. It is processed to manufacture adhesives, lining systems, sealants and coatings and is widely used in numerous applications including construction, transportation, and industrial etc.

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Finer advantages of this polymer like excellent elongation, long lasting, etc. over other substitutes like polyurethane and epoxy is anticipated to propel the industry. Growing investments in infrastructure expenditure are projected to boost polyurea market growth during the anticipated time frame. Furthermore, the favorable market price trend is poised to open avenues for niche applications and innovation. Increasing environmental safety measures, strict regulations for environmental pollution is likely to impel market trend in the near future.

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