Polyurea Coatings Market Growth And Trends Analysis

By Author: Pramod Kumar
Total Articles: 97
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The automotive and transportation sector had the second-largest share, of about 26%. Polyurea coatings are used on the exteriors of vehicles, such as two-wheelers and trucks. They are usually seen on the chassis, driveshafts, gearboxes, and engines, as they provide good resistance to the exterior thermal and physical pressure.

Polyurea Coatings Market Size and Share Analysis@ https://www.psmarketresearch.com/market-analysis/polyurea-coatings-market

Consequently, polyurea coatings are becoming popular among automakers. China, Germany and Japan are the top three passenger vehicle producers. Consequently, polyurea coatings’ applications have advanced greatly in these countries. Volkswagen, Mercedes, Audi, Porsche, Opel, and BMW are all part of Germany's extremely competitive automobile industry.
This industry generates about USD 468.5 billion, which accounts to about 20% of the total revenue of the German industry.

Most truck manufacturers now put to use spray-on protective coatings that are not just striking but also provide lasting protection. Polyurea coatings bid resistance to static and dynamic ...
... impact, UV rays, corrosion, and abrasion. These materials advance the appearance of substrates, while also keeping equipment safe for a longtime with few resources.

Polyurea coatings are usually used as a primer alternate on vehicle chassis and as topcoats on vehicle body. Hence, the growing construction of heavy-duty automobiles will significantly drive the growth of the industry.

In the polyurea coatings market, under the raw material segment, aromatic isocyanates had about 70% share in the recent past. They comprise chemicals reacting with amine hydroxyl groups for generating polyurea coatings.

Aromatic isocyanates are formulated with the use of benzene and toluene as raw materials. Methylenediphenyl disocyanate and Toulenedisocyanate are two of the most-common aromatic isocyanates used in the construction industry.

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.