Polyurea Coatings Market Size, Share, Demand & Trends by 2033
The global polyurea coatings market is anticipated to create an absolute dollar opportunity over the forecast period from 2023 to 2033 by registering a robust CAGR of 9.3%. The global market is expected to register a valuation of US$ 902.9 million in 2023, culminating in a market valuation of US$ 2,204.6 million in 2033. According to the Future Market Insights historical analysis, the global polyurea coatings market registered a healthy CAGR of 7.6%. Furthermore, in 2022, the value of the global market reached around US$ 823.9 million. Polyurea is known as a synthetic polymer, commonly derived from the reaction between a diamine and a di-isocyanate. The usage of polyurea-based coatings is common across a variety of industries such as automotive & transportation, and building & construction. Over the upcoming years, sales of hybrid polyurea products should dominate the market. This is due to the fact that hybrid polyurea offers several advantages over pure variant...