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Polyaspartic Coatings Market Trends

Report ID: GMI8492
Published Date: Mar 2024
Report Format: PDF

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Polyaspartic Coatings Market Trends

The polyaspartic coatings industry is witnessing significant growth. There is a rising preference for environmentally friendly formulations, while the construction sector's demand for durable, fast-curing solutions is fueling the market for flooring and infrastructure coatings. Hybrid coatings, blending polyaspartic with other resins, are emerging to meet specific application needs, offering enhanced performance. Polyaspartic coatings are being found in utility across various industries, providing attractive, enduring finishes, and protecting vehicles against harsh environmental conditions.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market size for polyaspartic coatings was valued at around USD 373 million in 2023 and is anticipated to register over 4.2% CAGR between 2024 and 2032 owing to their widespread popularity in residential, commercial, and industrial settings for their versatility and expedient application process.

Pure segment accounted for USD 258.6 million in 2023 and will grow significantly through 2032 as they are widely favored for various applications across construction applications, automotive sectors, marine, and aerospace sectors due to their impressive strength, rapid drying time, and resilience against UV deterioration.

Asia Pacific polyaspartic coatings industry size was around USD 113 million in 2023 and will expand through 2032 owing to the sizable population, burgeoning industrial sector, rapid urbanization, and the sustainability factor of the product.

Abbott Laboratories, Akzo Novel NV, Advacoat Concrete Solutions, ArmorPoxy, Citadel Floor Finishing Systems, Elite Crete Systems, Flexmar Coatings, HP Spartacote, Key Resin Company, Line-X, PPG Industries, Rhino Linings Corporation, Sika Corporation, and The Sherwin-Williams Company.