Global Polyaspartic Coatings Market Is Growing at A CAGR of 7.1% During 2019-2026

-

The global polyaspartic coatings market was valued at USD 352.1 million in 2018 and is expected to reach USD 640.7 million in 2026, growing at a CAGR of 7.1% during the forecast period.

Polyaspartic coatings are essentially designed to exhibit features such as rapid curing capabilities, and fast-drying. These coatings can dry in a matter of hours or less. The growth of the polyaspartic coatings market is primarily driven by the polyaspartic technology which can be applied in various end-use industries by simple manipulation. When compared with regular coatings made of epoxy and polyurethane polyaspartic coatings cure more quickly. These coatings can also be used in low-temperature applications with easy formulations. Typical applications of polyaspartic coatings include coatings for bridges, flooring, OEM coatings, automotive repair, wind turbines, and pipelines in the oil & gas industry, among others.

Get Sample Copy of this report at: https://www.ozonemarketreports.com/sample-request/global-polyaspartic-coatings-market-industry-outlook-2016-2026/154319

The pure polyurea segment expected to dominate the market throughout the forecast periodBased on product, the global polyaspartic coatings market has been segmented into pure polyurea and hybrid polyurea. The pure polyurea of polyaspartic coatings accounted for approximately 54% of the share in the global polyaspartic coatings market in 2018. While hybrid polyurea accounted highest CAGR of around 9% in the global polyaspartic coatings market during the forecast period. Hybrid polyurea is widely adopted for its easy availability and low cost.

These benefits are expected to enhance the demand and sales for hybrid polyurea across the developed and developing countries in the global market.Based on the systems, the quartz segment is expected to grow at a CAGR of around 10% throughout the forecast periodBased on the system, the market has been segmented into quartz, and metallic. The quartz Product systems segment accounts of the largest share in the market and are expected to grow at a CAGR of around 10% during the forecast period. Based on the end-use industry, the building & construction segment is expected to dominate during the forecast periodBased on the end-use industry, the market has been segmented into building & construction and transportation among others.

Browse Full Report at: https://www.ozonemarketreports.com/materials-and-chemicals/global-polyaspartic-coatings-market---industry-outlook-2016-2026/154319

The building & construction segment accounts of the largest share in the market and held for more than 30% of the total market in 2018. The major factors that are driving the growth of this segment are the rising rate of infrastructure development across developing countries such as India, China, and Indonesia. Asia-Pacific to dominate the polyaspartic coatings market throughout the forecast periodAsia-Pacific accounted for nearly 36% share of the global polyaspartic coatings market in 2018 and is expected to dominate the market throughout the forecast period.

The rapid growth in the building & construction sector is one of the major driving factors for the region in the global market. Moreover, the increasing awareness for hybrid polyaspartic coatings and the presence of local manufacturers increases its dominance in the global polyaspartic coatings market in the future. North America is expected to hold the highest CAGR in the global market during the forecast period.

Avail a UPTO 40% Discount on Purchase at: https://www.ozonemarketreports.com/discount-request/global-polyaspartic-coatings-market-industry-outlook-2016-2026/154319

The manufacturers are investing in North American countries to meet the demand for the transportation sector. Company Profiles and Competitive Intelligence:The major players operating in the global polyaspartic coatings market are Covestro AG (Germany), Hempel Group (Denmark), The Sherwin-Williams Company (US), Rust-Oleum (US), Laticrete (US), PPG Industries (US), BASF SE (Germany), AkzoNobel (Netherlands), SIKA AG (Switzerland), and Satyen polymers (India) among others.

Contact Us:
Name: Steven Samuel
Email - info@ozonemarketreports.com
Phone - +91 9370882135
Website: https://www.ozonemarketreports.com/

Comments

Post a Comment

Popular posts from this blog

Flight Instruments : Global Size, Share, Trends, Overview, Forecast by 2023

-
Flight Instruments -Global Market Status & Trend Report 2013-2023 Top 20 Countries Data offers a comprehensive analysis on Flight Instruments industry, standing on the readers’ perspective, delivering detailed market data in Global major 20 countries and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information. Key questions answered by this report include: Worldwide and Top 20 Countries Market Size of Flight Instruments 2013-2017, and development forecast 2018-2023 Main manufacturers/suppliers of Flight Instruments worldwide and market share by regions, with company and product introduction, position in the Flight Instruments market Market status and development trend of Flight Instruments by types and applications Cost and profit status of Flight Instruments, and marketing status Market growth drivers and challenges To Request Sample Visit @ https://www.ozonemarketreports.com/sample-requ
Read more

Global Low Friction Coatings Market provides an in-depth insight of Sales and Trends Forecast to 2024

-
Image
Ozone Market Reports projects that the Low Friction Coatings market size will grow from USD XX Million in 2018 to USD XX Million by 2024, at an estimated CAGR of XX%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. To Get Sample Report @ https://www.ozonemarketreports.com/sample-request/low-friction-coatings-market/30386 By Market Players: Chemours Company, DOW Corning, Endura Coatings, Vitracoat, Inc., Poeton Industries, Whitford Corporation, Bechem, ASV Multichemie Pvt., Ltd., GMM Coatings Pvt., Ltd., IKV Tribology, Ltd., Whitmore Manufacturing Company, Harves Co., Ltd. By Type PTFE-Based Low Friction Coatings, MOS2 Based Low Friction Coatings, Others By Application Aerospace Industry, General Engineering, Food & Healthcare, Energy, Other End-Use Industries The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential tren
Read more

Global Lightning As A Service Market Growing At A CAGR Of Approximately 37.2% by 2026

-
Over the last few years, facility management has faced a major disruption with the increasing demand for energy-efficient lighting. In developed countries, there is a gradual decrease in the use of conventional lighting. For example, the US has eclipsed conventional lighting since the Energy Independence and Security Act (EISA) was passed in 2007. The LED lighting market has become vital to meet the EISA energy standard. Lighting as a Service (LaaS) is an emerging technology service trend, where a business or customer pays a monthly rent to the lighting service providers. The global Lightning as a Service market was valued at US$ 173.7 million in the year 2018 and is expected to reach US$ 844.6 million by the year 2023, growing at a CAGR of approximately 37.2%. The LaaS market is driven by factors such as less than minimum capital cost model & financial benefits, coupled with government policies related to the adoption of energy-efficient lightings. However, the quality issu
Read more