Global Polyaspartic Coatings Market Overview:
Polyaspartic coating is a new class of coating technology and is a derivative of aliphatic polyisocyanate and a polyaspartic ester. Polyaspartic esters perform well as a diluting agent for high solids polyurethane coatings. They are widely used for protecting steel structures from corrosion and also used in various commercial, automotive, and power generation industries. Polyaspartic coatings are applied as concrete floor coating via methods like dip and roll, ribbon and roll methods. Polyaspartic coating is equipped with rapid curing capabilities and may dry in a matter of hours.
- Higher Efficiency Compared to Conventional Coating Technology
- Rapidly Increasing Demand from the Building and Construction Industry
- Increasing Demand For Pure Polyaspartic Coatings
- Stringent Environmental Regulations Regarding VOC Emissions
- Increase in Demand for New Ship Orders, and The Production of Ships is Expected to Rapidly Increase
- Higher Cost Compared to Conventional Coatings
Some of the key players profiled in the report are The Sherwin-Williams Company (United States), PPG Industries (United States), BASF SE (Germany), AkzoNobel (Netherlands), Hempel (Denmark), Carboline (United States), Rust-Oleum (United States), Laticrete International (United States), SIKA AG (Switzerland) and Feiyang Protech (China). Additionally, following companies can also be profiled that are part of our coverage like Indmar Coatings (United States), Satyen Polymers (India) and VIP Coatings (Germany. Analyst at AMA Research see United States Vendors to retain maximum share of Global Polyaspartic Coatings market by 2026. Considering Market by Technology, the sub-segment i.e. Water-borne will boost the Polyaspartic Coatings market. Considering Market by End Use Industry, the sub-segment i.e. Building and Construction will boost the Polyaspartic Coatings market. Considering Market by Systems, the sub-segment i.e. Quartz will boost the Polyaspartic Coatings market.
Latest Market Insights:
In August 2019, The Sherwin-Williams Company has acquired the business and assets of Dresdner Lackfabrik Novatic (Germany) in Germany, Poland, and the Czech Republic. It is a company that manufactures paints and coatings solutions.
In May 2020, Hempel began construction of a new factory in Yantai Chemical Industrial Park, China. The new factory will help meet the increasing demand for more sustainable and innovative coating solutions in the region. The company will invest USD 100 million in the construction of the new factory.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Polyaspartic Coatings market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Polyaspartic Coatings market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Polyaspartic Coatings Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.