Spray Polyurea Elastomers Market: Notable Developments by Key Stakeholders
- Specialty Products Inc., which has perceived continued success in the market, has recently launched an innovative one-step waterproofing and concrete resurfacing solution, called Aquaseal Hi-Rise X3™. This elastomeric bridging polyurea forms a monolithic surface on concrete walls or slabs, which reduces the material cost and project labor by eliminating the time- & cost-intensive application process of concrete primer, dry sacking, or mortar filling.
- Vector Construction Inc.’s recent product – VersaFlex VF 380 is 100% solids spray polyurea elastomer developed for sturdy applications. VF 380 is an odorless, volatile-free system, which delivers reduced shrinkage with improved elongation attributes. VF 380 is an excellent polyurea elastomer for applications where resilience and durability are of prime importance such as in geotextile coatings, and liners.
- Dow Thailand Group partnered with Thanavut Composite Company Limited in 2017, and introduced a new series of spray polyurea elastomers, coating solutions developed for protecting and extending the life of substrates. The high-performance polyurea elastomer innovation by this business partnership ensures fast cure, superior bond strength and excellent flexibility for industrial applications.
- Arma Coatings, a leading producer of specialty coatings, has unveiled its Arma 901 series, a two-component spray polyurea elastomer system, which can be used in applications surrounded by harsh environmental conditions. Arma 901 series comprises non-hydrophobic products that impart excellent abrasion resistance and chemical resistance, which in turn offer excellent elongation.
- Fosroc Polyurea WPE, a new polyurea elastomer developed by Fosam Company Limited, is 100% solids, spray-applied, rapid curing, two-component, flexible polyurea system. Fosroc Polyurea WPE, designed particularly for protective coating and waterproofing applications, is non-toxic and suitable for utilization in equipment that have direct contact with drinking water.

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Robust Investments in Mining & Construction to Place North America at the Forefront of Spray Polyurea Elastomers Market
Corrosion protection and abrasion resistance attributes of spray polyurea elastomers have been driving their demand in mining-related equipment and facilities. Erosion protection, waterproofing, and concrete surface protection are other key characteristics of polyurea that have fuelled their adoption in the construction sector. With robust balance sheets across the mining sector, miners in North America are adhering to an investment-led approach, which in turn has given birth to a renewed focus on constructing portfolios that lead to sustainable shareholder returns.
President Trump’s recent orders for reducing the dependency on imported imperative minerals is highly likely to spark activity by the U.S. miners for considering exploration assets both inside and outside of the region, along with upstream & downstream collaborative ventures. In addition, major mining companies are eyeing investment in Canada’s gold mining sector that provides immense government support and a favorable macroeconomic environment.
Future seems promising for construction firms in the U.S., driven primarily by trends such as building information modelling (BIM), internet of things (IoT), and proliferation of ecommerce with regard to construction & building materials. The Canadian economy witnessed significant deceleration on the coattails of decreased commodities and oil prices. Despite external challenges, the government in Canada made infrastructure spending of nearly US$ 11.9 Bn for social infrastructure, public transit infrastructure, and housing, and these projects are expected to witness completion by 2019-end.
Such robust investments in the mining and construction sector in North America point at the region’s dominance with regard to adoption of spray polyurea elastomers in the upcoming years. According to a new Fact.MR research study, the global spray polyurea elastomers market is set to record a splendid 10.2% value CAGR between the period of forecast 2017 and 2026. Over 291,000 tons of spray polyurea elastomers are expected to be sold worldwide by 2026-end.
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Demand for spray polyurea elastomers is expected to remain considerable in the forthcoming years, owing to rapid industrialization and surging investments by leading players in developing nations on account of cheap labor. Industrialization growth has propelled emission of gases that have significant hazards to the environment, which in turn leads to wear & tear of surface coatings in residential as well as commercial building structures. Considering this concern, specialty coatings manufacturers have placed a greater emphasis on development of spray polyurea elastomers with improved performance attributes and elimination of VOCs.
Detailed Assessment on Polyurea elastomer Market
Fact.MR has recently published a new report on the global polyurea elastomer market, which offers accurate forecasts on the market for the period between 2017 and 2026. This report is a definite source of information that imparts intelligence on recent market dynamics, industry trends, potential markets, technology developments & advancements, and product innovation coupled with extensive regional market coverage.
A comprehensive data analysis on the global polyurea elastomer market is delivered in the report, in order to help the clients in gaining a competitive edge and attracting potential customers. The report further aid in better understanding of the industry structure, and offers evaluations on the competition intensity attractiveness. Business strategists can leverage the intelligence offered in the report regarding latest opportunities and trends impacting the market expansion to make fact-based decisions for their businesses.
Polyurea elastomer Market: Taxonomy and Segmentation Analysis
This report also offers a scrutinized study on the global market for polyurea elastomer in terms of a segmentation analysis. The market has been divided into 4 key segments, namely, by raw material, application, product type, and region. These segments have been analyzed in detail, engulfing market forecasts and estimates at a country and regional level. The market has been regionally segmented into Middle East & Africa (MEA), Japan, Latin America, Europe, Asia-Pacific excluding Japan (APEJ), and North America.
The segmentation analysis offered can be useful for the report readers in understanding probable opportunities and potential markets for the target product – polyurea elastomer. A taxonomy table incorporated in the report illustrates all the market segments in a systematic manner as depicted below.
Region |
Product Type |
Application |
Raw Material |
---|---|---|---|
North America |
Pure Polyurea |
Roof and Deck Coating |
Aromatic Isocyanate based |
Latin America |
Hybrid Polyurea |
Primary Containments |
Aliphatic Isocyanate based |
Europe |
|
Secondary Containments |
|
Japan |
|
Wear Resistant Lining |
|
APEJ |
|
|
|
MEA |
|
|
|
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Polyurea elastomer Market: Competitive Landscape Assessment
In its concluding chapter, the report quantifies revenues share of prominent companies in the global polyurea elastomer market, and offers an in-depth overview of the market’s competitive scenario. A detailed description has been delivered on all the market players profiled in the report, which includes intelligence in terms of their company overview, key financials, product overview, past as well as latest developments.
A SWOT analysis has been offered on each market player incorporated in the report, along with information on their new product developments, and market expansion strategies such as collaborations and partnerships. The scope of the report is offer its readers with authentic information and insights on the global polyurea elastomer market, to enable them in making better future decisions for growth of the businesses.
1. Executive Summary
1.1. Summarizing Key Findings
1.2. Opportunity Assessment
1.3. Highlighting Action Area – Wheel of Fortune
2. Global Spray Polyurea Elastomers Market Overview
2.1. Introduction
2.2. Market Definition and Scope
2.3. Market Taxonomy and Segments Captured
3. Global Spray Polyurea Elastomers Market Outlook
3.1. Market Size (US$ Mn) & Volume (tons) and Forecast, 2012-2026
3.2. Market Y-o-Y Growth
3.3. Forecast Factors and Relevance of Impact
4. Global Spray Polyurea Elastomers Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Trends
5. Supply Chain and Value Chain Assessment
6. Actionable Insights and Analysis
6.1. Cost Structure
6.2. Applications Mapped to End Use Industry
6.3. Pricing Analysis
6.4. PESTLE Analysis
6.5. Porter's Five Forces Analysis
6.6. Investment Feasibility Matrix
6.7. Product Life Cycle
6.8. Competition Footprint Matrix
6.9. Comparison of PUA with other technologies
6.10. List of Key Customers
6.11. Key Participants Market Presence (Intensity Map) By Region
7. Global Spray Polyurea Elastomers Market Analysis and Forecast by Type, 2012-2026
7.1. Analysis and Forecast by Product Type
7.1.1. Revenue (US$ Mn) & Volume (tons) Comparison, By Region
7.1.2. Market Share Comparison, By Region
7.1.3. Y-o-Y growth Comparison, By Region
7.2. Analysis and Forecast By Application
7.2.1. Revenue (US$ Mn) & Volume (tons) Comparison, By Region
7.2.2. Market Share Comparison, By Region
7.2.3. Y-o-Y growth Comparison, By Region
7.3. Analysis and Forecast By Raw Material Type
7.3.1. Revenue (US$ Mn) & Volume (tons) Comparison, By Region
7.3.2. Market Share Comparison, By Region
7.3.3. Y-o-Y growth Comparison, By Region
8. North America Spray Polyurea Elastomers Market Analysis, 2012-2026
8.1. Revenue (US$ Mn) & Volume (tons) Comparison, By Country
8.1.1. US Market Size & Forecast Value (US$ Mn) & Volume (tons)
8.1.2. Canada Market Size & Forecast Value (US$ Mn) & Volume (tons)
8.2. Revenue (US$ Mn) & Volume (tons), By Product Type
8.3. Revenue (US$ Mn) & Volume (tons), By Application
8.4. Revenue (US$ Mn) & Volume (tons), By Raw Material Type
9. Latin America Spray Polyurea Elastomers Market Analysis, 2012-2026
9.1. Revenue (US$ Mn) & Volume (tons), By Country
9.1.1. Brazil Market Size & Forecast Value (US$ Mn) & Volume (tons)
9.1.2. Mexico Market Size & Forecast Value (US$ Mn) & Volume (tons)
9.1.3. Columbia Market Size & Forecast Value (US$ Mn) & Volume (tons)
9.1.4. Argentina Market Size & Forecast Value (US$ Mn) & Volume (tons)
9.1.5. Rest of Latin America Market Size & Forecast Value (US$ Mn) & Volume (tons)
9.2. Revenue (US$ Mn) & Volume (tons), By Product Type
9.3. Revenue (US$ Mn) & Volume (tons), By Application
9.4. Revenue (US$ Mn) & Volume (tons), By raw Material Type
9.5. Europe Spray Polyurea Elastomers Market Size and Forecast, 2012-2026
9.6. Revenue (US$ Mn) & Volume (tons) Comparison, By Country
9.6.1. Germany Market Size and Forecast Value (US$ Mn) & Volume (tons)
9.6.2. UK Market Size and Forecast Value (US$ Mn) & Volume (tons)
9.6.3. Spain Market Size and Forecast Value (US$ Mn) & Volume (tons)
9.6.4. France Market Size and Forecast Value (US$ Mn) & Volume (tons)
9.6.5. Italy Market Size and Forecast Value (US$ Mn) & Volume (tons)
9.6.6. Rest Of Europe Market Size and Forecast Value (US$ Mn) & Volume (tons)
9.7. Revenue (US$ Mn) & Volume (tons), By Product Type
9.8. Revenue (US$ Mn) & Volume (tons), By Application
9.9. Revenue (US$ Mn) & Volume (tons), By Raw Material Type
10. Japan Spray Polyurea Elastomers Market Size and Forecast, 2012-2026
10.1. Japan Market Size and Forecast Value (US$ Mn) & Volume (tons)
10.2. Revenue (US$ Mn) & Volume (tons), By Product Type
10.3. Revenue (US$ Mn) & Volume (tons), By Application
10.4. Revenue (US$ Mn) & Volume (tons), By Raw Material Type
11. APEJ Spray Polyurea Elastomers Market Size and Forecast, 2012-2026
11.1. Revenue (US$ Mn) & Volume (tons) Comparison, By Country
11.1.1. China Market Size and Forecast Value (US$ Mn) & Volume (tons)
11.1.2. India Market Size and Forecast Value (US$ Mn) & Volume (tons)
11.1.3. Malaysia Market Size and Forecast Value (US$ Mn) & Volume (tons)
11.1.4. Singapore Market Size and Forecast Value (US$ Mn) & Volume (tons)
11.1.5. Australia Market Size and Forecast Value (US$ Mn) & Volume (tons)
11.1.6. Rest of APEJ Market Size and Forecast Value (US$ Mn) & Volume (tons)
11.2. Revenue (US$ Mn) & Volume (tons), By Product Type
11.3. Revenue (US$ Mn) & Volume (tons), By Application
11.4. Revenue (US$ Mn) & Volume (tons), By Raw Material Type
12. MEA Spray Polyurea Elastomers Market Size and Forecast, 2012-2026
12.1. Revenue (US$ Mn) & Volume (tons) Comparison, By Country
12.1.1. GCC Market Size and Forecast Value (US$ Mn) & Volume (tons)
12.1.2. South Africa Market Size and Forecast Value (US$ Mn) & Volume (tons)
12.1.3. Israel Market Size and Forecast Value (US$ Mn) & Volume (tons)
12.1.4. Rest of MEA Market Size and Forecast Value (US$ Mn) & Volume (tons)
12.2. Revenue (US$ Mn) & Volume (tons), By Product Type
12.3. Revenue (US$ Mn) & Volume (tons), By Sales Channel
12.4. Revenue (US$ Mn) & Volume (tons), By Application
12.5. Revenue (US$ Mn) & Volume (tons), By Force
13. Competition Landscape, Company Share and Company Profiles
13.1. Company Share Analysis and Industry Structure
13.2. Competition Dashboard
13.3. Manufacturer Company Profiles
13.3.1. Sherwin Williams
13.3.1.1. Company Overview
13.3.1.2. Key Segmental Revenue Analyzed
13.3.1.3. Production Facilities
13.3.1.4. Company Strategic Assessment
13.3.1.5. Channel Strategy
13.3.1.6. SWOT Analysis
13.3.2. SIKA AG
13.3.2.1. Company Overview
13.3.2.2. Key Segmental Revenue Analyzed
13.3.2.3. Production Facilities
13.3.2.4. Company Strategic Assessment
13.3.2.5. Channel Strategy
13.3.2.6. SWOT Analysis
13.3.3. AXALTA Coating Systems
13.3.3.1. Company Overview
13.3.3.2. Key Segmental Revenue Analyzed
13.3.3.3. Production Facilities
13.3.3.4. Company Strategic Assessment
13.3.3.5. Channel Strategy
13.3.3.6. SWOT Analysis
13.3.4. Huntsman Corporation
13.3.4.1. Company Overview
13.3.4.2. Key Segmental Revenue Analyzed
13.3.4.3. Production Facilities
13.3.4.4. Company Strategic Assessment
13.3.4.5. Channel Strategy
13.3.4.6. SWOT Analysis
13.3.5. BASF SE
13.3.5.1. Company Overview
13.3.5.2. Key Segmental Revenue Analyzed
13.3.5.3. Production Facilities
13.3.5.4. Company Strategic Assessment
13.3.5.5. Channel Strategy
13.3.5.6. SWOT Analysis
13.3.6. Versaflex Incorporated
13.3.6.1. Company Overview
13.3.6.2. Key Segmental Revenue Analyzed
13.3.6.3. Production Facilities
13.3.6.4. Company Strategic Assessment
13.3.6.5. Channel Strategy
13.3.6.6. SWOT Analysis
13.3.7. Krypton Chemicals
13.3.7.1. Company Overview
13.3.7.2. Key Segmental Revenue Analyzed
13.3.7.3. Production Facilities
13.3.7.4. Company Strategic Assessment
13.3.7.5. Channel Strategy
13.3.7.6. SWOT Analysis
13.3.8. Rhino Linings
13.3.8.1. Company Overview
13.3.8.2. Key Segmental Revenue Analyzed
13.3.8.3. Production Facilities
13.3.8.4. Company Strategic Assessment
13.3.8.5. Channel Strategy
13.3.8.6. SWOT Analysis
13.3.9. Nukote Coating Systems
13.3.9.1. Company Overview
13.3.9.2. Key Segmental Revenue Analyzed
13.3.9.3. Production Facilities
13.3.9.4. Company Strategic Assessment
13.3.9.5. Channel Strategy
13.3.9.6. SWOT Analysis
13.3.10. Tecnopol
13.3.10.1. Company Overview
13.3.10.2. Key Segmental Revenue Analyzed
13.3.10.3. Production Facilities
13.3.10.4. Company Strategic Assessment
13.3.10.5. Channel Strategy
13.3.10.6. SWOT Analysis
13.3.11. Other Public and Private Players
14. Key Takeaways
15. Research Methodology
16. Disclaimer
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Spray Polyurea Elastomers Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026