Polyurea Coatings Market: By Raw Material (Aliphatic, Aromatic), By Polyurea Type (Pure and Hybrid), By Technology (Spraying, Pouring, Hand Mixing), By End-User Industry (Building & Construction, Transportation, Industrial, Landscape), and Geography

Purchase Option

$ 4400
$ 6600
$ 8900

Polyurea Coatings Market Size was valued at USD 1,283.7 million in 2023 and is poised to grow at a CAGR of 10.2% over 2024-2030. Polyurea is a synthetic polymer obtained from the reaction of a diamine with a diisocyanate that acts as a waterproofing material making it useful in a variety of industrial and commercial applications. The market for polyurea coatings is driven by the expansion of infrastructure, particularly in emerging economies. The exceptional durability, corrosion resistance, and waterproofing qualities of polyurea coatings make them suited for a variety of uses in infrastructure projects, including waterproofing for bridges, roads, buildings, and other structures. For instance, the U.S. suffers a loss of approximately 3.1% of the country's Gross National Product (GNP) which amounts to over $276 billion per year.  The development of low-VOC or zero-VOC polyurea coatings to meet the demands of environmentally conscious customers and industries has opened up opportunities for manufacturers in the market. Furthermore, certain types of polyurea have faster curing time making it beneficial in scenarios where minimal disruption to operations is crucial. But polyurea coatings are expensive compared to available alternatives that hinder the growth of the market. However, the advancement in technology, demand from the military and defense for robust coatings to protect equipment and infrastructure, increased infrastructure, urbanization, modernization, and increased disposable income are anticipated to burgeon the market during forecasted years.

Polyurea Coatings Market Key Developments:
  • In March 2022, Bertram Capital (“Bertram) invested in Lena, IL-based TSR Concrete Coatings (“TSR” or the “Company”), a provider of residential concrete coating solutions for garages, patios, pools, and basements.
  • In October 2020, Polytek® Development Corp., a manufacturer of specialty polymers for mold-making, casting, and coating applications, acquired Incredible Solutions. Polytek is a portfolio company of Arsenal Capital Partners.

Polyurea Coatings Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

10.2%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Polyurea Coatings Market Dynamics

The market is expected to rise owing to increased application in the automotive industry. The automotive industry uses polyurea coatings for truck bed liners, underbody coatings, and other protective applications. The polyurea coatings protects the car from corrosion. According to a study conducted by the Federal Highway Administration (FHWA) in the United States, corrosion costs the U.S. economy billions of dollars annually. The study estimated that the direct cost of corrosion to the U.S. transportation sector, including cars, was around $23.4 billion per year. This cost includes expenses related to vehicle repair and maintenance, replacement of corroded parts, and decreased vehicle lifespan. As the automotive sector continues to expand, the demand for polyurea coatings as a protective solution is also likely to increase. For instance, in March 2023, Pearl Polyurethane Systems (Pearl) launched a polyurea-based spray coating system, DuraPearl Elastomer System which can be used on cars along with several other applications.

Polyurea Coatings Market Segmentation

By Raw Materials
  • Aliphatic
  • Aromatic
By Polyurea Type
  • Pure
  • Hybrid
By Technology
  • Spraying
  • Pouring
  • Hand Mixing
By End User
  • Building & Construction
  • Transportation
  • Industrial
  • Landscape

Frequently Asked Questions

The polyurea coatings market was valued at USD 1,283.7 million in 2023 and is expected to grow at 10.2% CAGR over the forecast period 2024 – 2030.

The market for polyurea coatings is driven by the expansion of infrastructure, particularly in emerging economies.

BASF SE, Huntsman Corporation, Bayer AG, PPG Industries, Dow Chemical, Specialty Products, Inc., Versa Flex, Inc., SWD Urethane, Alberts Spray Solutions, LLC, W.R. Grace & Co., LINE-X Protective, Coatings, and Nukote Coating Systems International are a few companies operating in Polyurea Coatings market.

Key Features of the Reports

  • The polyurea coatings market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights into the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Polyurea Coatings Market Introduction 
2.1.Global Polyurea Coatings Market  - Taxonomy
2.2.Global Polyurea Coatings Market  - Definitions
2.2.1.Raw Material
2.2.2.Polyurea Type
2.2.3.Technology 
2.2.4.End-User Industry
2.2.5.Region
3.Global Polyurea Coatings Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Polyurea Coatings Market Analysis, 2019-2023 and Forecast 2024-2030
4.1.  Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Polyurea Coatings Market  By Raw Material, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
5.1. Aliphatic
5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Aromatic)
5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Polyurea Coatings Market  By Polyurea Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
6.1. Pure
6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Hybrid
6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Polyurea Coatings Market  By Technology , 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
7.1. Spraying
7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Pouring
7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Hand Mixing
7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Polyurea Coatings Market  By End-User Industry, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
8.1. Building & Construction
8.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Transportation
8.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Industrial
8.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Landscape
8.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9.Global Polyurea Coatings Market  By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Polyurea Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
10.1. Raw Material Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Aliphatic
10.1.2.Aromatic)
10.2.  Polyurea Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Pure
10.2.2.Hybrid
10.3.  Technology  Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Spraying
10.3.2.Pouring
10.3.3.Hand Mixing
10.4.  End-User Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Building & Construction
10.4.2.Transportation
10.4.3.Industrial
10.4.4.Landscape
10.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Polyurea Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
11.1. Raw Material Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Aliphatic
11.1.2.Aromatic)
11.2.  Polyurea Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Pure
11.2.2.Hybrid
11.3.  Technology  Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Spraying
11.3.2.Pouring
11.3.3.Hand Mixing
11.4.  End-User Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Building & Construction
11.4.2.Transportation
11.4.3.Industrial
11.4.4.Landscape
11.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12.Asia Pacific (APAC) Polyurea Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
12.1. Raw Material Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Aliphatic
12.1.2.Aromatic)
12.2.  Polyurea Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Pure
12.2.2.Hybrid
12.3.  Technology  Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Spraying
12.3.2.Pouring
12.3.3.Hand Mixing
12.4.  End-User Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Building & Construction
12.4.2.Transportation
12.4.3.Industrial
12.4.4.Landscape
12.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Polyurea Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
13.1. Raw Material Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Aliphatic
13.1.2.Aromatic)
13.2.  Polyurea Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Pure
13.2.2.Hybrid
13.3.  Technology  Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Spraying
13.3.2.Pouring
13.3.3.Hand Mixing
13.4.  End-User Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Building & Construction
13.4.2.Transportation
13.4.3.Industrial
13.4.4.Landscape
13.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Polyurea Coatings Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million)
14.1. Raw Material Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Aliphatic
14.1.2.Aromatic)
14.2.  Polyurea Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Pure
14.2.2.Hybrid
14.3.  Technology  Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Spraying
14.3.2.Pouring
14.3.3.Hand Mixing
14.4.  End-User Industry Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Building & Construction
14.4.2.Transportation
14.4.3.Industrial
14.4.4.Landscape
14.5.  Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.BASF SE
15.2.2.Huntsman Corporation
15.2.3.Bayer AG
15.2.4.PPG Industries
15.2.5.Dow Chemical
15.2.6.Specialty Products, Inc.
15.2.7.SWD Urethane
15.2.8.Alberts Spray Solutions, LLC.
15.2.9.R. Grace & Co.
15.2.10.LINE-X Protective Coatings
15.2.11.Nukote Coating Systems International
16. Research Methodology 
17. Appendix and Abbreviations 
  • BASF SE
  • Huntsman Corporation
  • Bayer AG
  • PPG Industries
  • Dow Chemical
  • Specialty Products, Inc.
  • Versa Flex, Inc.
  • SWD Urethane
  • Alberts Spray Solutions, LLC.
  • R. Grace & Co.
  • LINE-X Protective Coatings
  • Nukote Coating Systems International

Adjacent Markets