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Polyurea Market is anticipated to exhibit moderate growth during 2019 – 2022

Author : Rahul Varpe | Published Date : 2019-05-27 

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.

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.

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 https://www.gminsights.com/request-sample/detail/163       

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.

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.

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https://www.gminsights.com/inquiry-before-buying/163        

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 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 Polyurea Market include Huntsman Corporation, PPG Industries, Bayer MaterialScience (Covestro), Specialty Products Inc., and BASF.

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone:1-302-846-7766

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Email: [email protected]

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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