The global polyurea coatings market Growth Accelerated by Increasing Demand from Construction Industry
Polyurea coatings are protective coatings which provide resistance to corrosion, chemical and abrasion. They are used as protective linings on infrastructure, such as bridges, tunnels, tanks and pipelines. Polyurea coatings have superior adhesion properties and quick drying time which makes them suitable for use in construction activities. The global polyurea coatings market is estimated to be valued at US$ 1.32 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the polyurea coatings market size is the increasing demand from the construction industry. Polyurea coatings are increasingly being used in construction projects such as bridges, pipelines, wastewater containment structures etc as protective coatings due to their superior corrosion and abrasion resistance. They have high durability and flexibility whi...