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Increasing Construction Spending In Emerging Economies Of Asia Pacific Coupled With Rapid Industrialization Is Expected To Drive Polyurea Market

Author : Rahul Varpe | Published Date : 2019-03-22 

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 covers the in-depth analysis of the market on a regional scale. Asia Pacific polyurea market is likely to continue its dominance and register highest gains over the next few years owing to the proliferation of protective coatings in industrial and automotive applications especially in China and India. The U.S. market share is anticipated to exhibit moderate growth at a projected   CAGR of over 4% by 2022.

Report Metric                              Details

Market Size available for years- 2015-2022

Base year considered                -2015

Forecast Value                            -1.5 Bn (USD).

Segments covered                       -Product, Raw Material, Application and Region.
 
Geographies covered                   -Asia Pacific, North America, Europe, The Middle East, Africa, and South America.

To access a sample copy or view the Polyurea market report in detail along with the table of contents, please click the link below:  www.gminsights.com/request-sample/detail/163

The report features competitive landscape, business strategies and key trends of the market with profiles of key participants in global polyurea industry. Key players in the industry include Huntsman Corporation, PPG Industries, Bayer MaterialScience (Covestro), Specialty Products Inc., and BASF.

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.

Aromatic market size is anticipated to register highest gains by 2022. Aliphatic raw materials are likely to witness moderate growth at a projected CAGR of over 4% during the estimated time frame. Lining product is poised to observe growth at a projected CAGR of over 4% during the predicted period.

The report covers the in-depth analysis of the market on a regional scale. Asia Pacific polyurea market is likely to continue its dominance and register highest gains over the next few years owing to the proliferation of protective coatings in industrial and automotive applications especially in China and India. The U.S. market share is anticipated to exhibit moderate growth at a projected   CAGR of over 4% by 2022.

Request for customization @ www.gminsights.com/roc/163

The report features competitive landscape, business strategies and key trends of the market with profiles of key participants in global polyurea industry. Key players in the industry include Huntsman Corporation, PPG Industries, Bayer MaterialScience (Covestro), Specialty Products Inc., and BASF.
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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