Polyaspartic Coating Market to Reach Valuation of US$ 931 Mn by 2027: TMR Study


  • Rising demand for high-performing and environment-friendly coatings in construction industry offers sizable revenue gains to players in the polyaspartic coatings market

ALBANY N.Y., March 07, 2022 (GLOBE NEWSWIRE) -- Polyaspartic coatings have started gaining preference over epoxy and urethane coating systems. The polyaspartic technology has evolved rapidly in the recent years to overcome the limitations of conventional coating systems. Various end-use industries are increasingly adopting products in the polyaspartic coatings market for multiple benefits such as faster curing times, versatility in protection of surfaces in both internal and external applications, and high gloss and color retention.

Most prominently, manufacturers of polyaspartic coatings are witnessing steady demand in the protection of surfaces against harsh environmental conditions. Thus, the polyaspartic coatings market is witnessing revenue gains from the rise in uptake in building & construction and automotive industries. Players in the market have reaped the opportunities to meet the emerging demand for sustainable and environment-friendly coating systems. The global valuation is projected to reach US$ 931 Mn by 2027.

Water-based polyaspartic coatings are expected to gather widespread adoption during the forecast period. Low-VOC content, better adhesion, and rapid curing times of the products have made them increasingly suitable for use as household paints and heavy-duty protective coating in various industrial applications.

Get PDF Brochure for More Insights – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24056

Key Findings of Polyaspartic Coatings Market Study

  • Water-based Coatings to Gain Popularity Due to Low-VOC Content: Continuous advancements in the polyaspartic technology have enabled paints and coating manufacturers to develop formulations with low volatile organic compound (VOC) content and odor. Water-based products have gathered remarkable traction in recent years, and the polyaspartic coatings market is expected to witness substantial demand in the segment in upcoming years. They contain considerably less solvents, which makes them environment-friendly while applying and during the curing process. As a result, the adoption has risen in marine, automotive and power generation industries, thereby propelling the polyaspartic coatings market.

  • Demand for High-performing Protective Coating Systems Propels Adoption in Various Industries: Manufacturers of polyaspartic coatings are witnessing extensive demand for protective applications notably in automotive, transport, and construction industries. The surfaces of the infrastructure in the building & construction industry are typically exposed to harsh environmental conditions. This has fueled the demand for superior waterproofing products, and hence has bolstered the prospects of polyaspartic coatings, notes a TMR study on the polyaspartic coatings market. The growing implementation of green building norms in various countries has propelled the popularity of polyaspartic coating system. Furthermore, high performance characteristics of polyaspartic coatings are attracting automotive refinish customers.

Get Covid 19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=24056  

Polyaspartic Coatings Market: Key Drivers

  • Growing demand for green and sustainable building products has bolstered the prospect of environment-friendly coatings. Rise in renovation of existing buildings and new constructions are driving the demand for paints and coatings, thereby imparting momentum to the expansion of avenues for players in the polyaspartic coatings market.
  • Rise in number of offshore wind farms in various parts of the world has made surface corrosion protection essential for long life of the infrastructure. This has opened up new avenues for manufacturers of high-performance coatings, particularly in Europe. The region has witnessed rise in demand for offshore wind turbines equipment.

Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24056

Polyaspartic Coatings Market: Regional Growth Dynamics

  • North America held the dominant share of the global polyaspartic coatings market in 2018, underpinned by the widespread uptake of the products in various end-use industries in the region. A key trend fueling revenue generation is the constant demand for superior waterproofing products for residential and commercial building applications.
  • Asia Pacific polyaspartic coatings market is anticipated to witness substantial revenue streams during the forecast period. The growth of the regional market is likely to come from widespread demand in automotive and construction industries. The uptake is expected to rise rapidly in emerging economies. Particularly, China, India, Thailand, and Vietnam are some of the potentially lucrative markets in Asia Pacific.

Polyaspartic Coating Market: Key Players

Some of the key industry players in the polyaspartic coatings market are Rust-Oleum Corporation, Cipy Polyurethanes Pvt. Ltd., Sika Corporation, Covestro AG, PPG Industries, The Sherwin Williams Company, and Akzo Nobel N.V.

Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=24056

Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Explore Transparency Market Research’s award-winning coverage of the global Chemicals & Materials:
Carbon Capture and Storage (CCS) Market - https://www.transparencymarketresearch.com/carbon-capture-and-storage-ccs-market.html

Reactive Emulsifier Market - https://www.transparencymarketresearch.com/reactive-emulsifier-market.html 

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Access MarketNgage: The On Demand, Subscription based platform from Transparency Market Research

www.marketngage.com

Now avail flexible Market Research Subscription through MarketNgage, the Market Research Subscription Platform from Transparency Market Research and other iconic market research powerhouses. Go beyond just reports and access research multi-format through downloadable executive summaries, chapters, databooks, infographics, charts, interactive playbook for data visualization and full reports across all major industries, 200+ sub sectors and 1200+ niche markets, through MarketNgage.

Sign Up for a 7 day free trial!

Contact

Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/polyaspartic-coatings-market.htm