The polyurea coatings market size has grown rapidly in recent years. It will grow from $1.42 billion in 2024 to $1.59 billion in 2025 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to emerging markets growth, growth in the oil and gas sector, rise in environmental concerns, and growth in the automotive industry.
The polyurea coatings market size is expected to see rapid growth in the next few years. It will grow to $2.56 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to increasing building and construction activities, rising infrastructure investments, rapid urbanization, and government support. Major trends in the forecast period include a focus on use of modified polyurea technology, product innovations, and next-generation coating solutions, new facility expansions to increase product portfolio, and strategic partnerships and collaborations to improve financial strength and geographical presence.
The expanding construction industry is anticipated to drive the growth of the polyurea coatings market in the coming years. The construction sector focuses on creating, restoring, and maintaining infrastructures. Polyurea coatings are applied in construction to safeguard exterior surfaces and protect buildings from corrosion and weathering effects. They are particularly suitable for use on bridges and various industrial machinery due to their excellent resistance to chemical and abrasion damage. For example, in August 2024, Eurostat, a Luxembourg-based government agency, reported that production in the construction sector rose by 1% in the euro area in June 2024 compared to June 2023. Thus, the growth in the construction industry is propelling the polyurea coatings market forward.
The expansion of the automotive industry significantly contributed to the growth of the polyurea coatings market during the historical period. Polyurea industrial coatings provide outstanding protection against weather and chemicals, enhancing the lifespan of original equipment manufacturer (OEM) parts in vehicles. These coatings are applied on factory floors to safeguard against various forms of deterioration, including the reduction of vibrations in machinery. They are also suitable for protecting components of robotic systems, making them a perfect choice for the automotive manufacturing sector. For example, in 2023, the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international association of automobile manufacturers, reported substantial growth in the global automotive industry, with total vehicle production reaching 93,546,599 units, a significant increase from the 85,016,728 units produced in 2022. Thus, the growth of the automotive industry drove the expansion of the polyurea coatings market during this period.
Technological advancements are key trends gaining traction in the polyurea coatings market. Leading companies are focusing on developing enhanced products to solidify their market position in polyurea coatings. For example, in October 2023, Everest Systems, a US-based commercial roofing company, introduced EverMax Polyurea. This innovative polyurea coating is designed for low shrinkage and exceptional flexibility, providing excellent resistance to mechanical damage. EverMax Polyurea improves system performance, offering a high-impact solution for areas exposed to severe weather conditions. Its distinctive combination of high tensile strength and flexibility makes it particularly effective against hail impacts, thereby reducing the likelihood of expensive insurance claims and presenting a cost-effective choice for building owners.
Leading companies in the polyurea coatings market are concentrating on developing new technologies, such as modified polyurea technology, to facilitate the creation of innovative products with advanced features. For example, in March 2023, Pearl Polyurethane Systems LLC, a chemical manufacturing company based in the United Arab Emirates, introduced the DuraPearl Elastomer System, a polyurea-based spray coating system designed for extreme climates. The company claims that the DuraPearl Elastomer System is up to four times stronger and 98% more flexible than epoxy, making it ideal for applications like waterproofing and truck bed lining. Additionally, DuraPearl cures six times faster than epoxy, and its enhanced elasticity reduces the risk of cracking and peeling. It also boasts low emissions during production and minimal VOC leaching during use.
In April 2024, Henkel AG & Co. KGaA, a chemicals company based in Germany, acquired Seal for Life Industries for an undisclosed amount. This acquisition aims to bolster Henkel's presence in sustainability-oriented markets and provide access to certified protective coating technologies. It underscores Henkel's commitment to promoting sustainability and improving the longevity of aging infrastructure. Seal for Life Industries, a plastic fabrication company located in the United States, specializes in protective coating and sealing solutions.
Major companies operating in the polyurea coatings market include PPG Industries Inc, Sherwin-Williams Company, Huntsman Corporation, BASF SE, Covestro AG,Kukdo Chemical Co. Ltd, Rust-Oleum, Teknos Group, Rhino Linings Corporation, VIP GmbH, Asia Polyurethane, DuPont de Nemours Inc, Versaflex Incorporated, Indurit Coatings, Sika AG, AkzoNobel N. V, Kansai Paint Co Ltd., Wattyl, RPM International Inc, Armorthane, Nukote Coatings Systems, Huisins Coatings, Poliuretany Sp. z o.o, Polyurea Polska, Jotun A/S, Nippon Paint Holdings Co, Ltd, DuluxGroup, Renner Coatings, Delta Coatings International, Polycare Insulation Works LLC, Oasis Adhesive Industries LLC, Tecnopol SA, VersaTech Coatings, SpecPolyurea, Abe Construction Chemicals.
Asia-Pacific was the largest region in the polyurea coatings market in 2024. The regions covered in the polyurea coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polyurea coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Polyurea is an organic polymer that exhibits characteristics resembling both plastic and rubber, finding applications in various fields. Polyurea coatings, known for their waterproof and resistant properties, are coatings that cure instantly. They are commonly used in commercial or outdoor applications such as outdoor furniture, signposts, and building facades, providing protection against abrasion and corrosion damage to the substrate.
The major types of raw materials used in polyurea coatings are aliphatic and aromatic. Aliphatic polyurea refers to polyurea based on an aliphatic diisocyanate. Polyurea coatings can be categorized as pure or hybrid. The application technologies for polyurea coatings include spraying, pouring, and hand mixing. These coatings find diverse applications in various end-user industries, including building and construction, transportation, chemical, industrial, and others.
The polyurea coatings market research report is one of a series of new reports that provides polyurea coatings market statistics, including polyurea coatings industry global market size, regional shares, competitors with a polyurea coatings market share, detailed polyurea coatings market segments, market trends and opportunities, and any further data you may need to thrive in the polyurea coatings industry. This polyurea coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polyurea coatings market consists of sales of primers, liners/membranes, top coatings, sealants and fillers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The polyurea coatings market size is expected to see rapid growth in the next few years. It will grow to $2.56 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to increasing building and construction activities, rising infrastructure investments, rapid urbanization, and government support. Major trends in the forecast period include a focus on use of modified polyurea technology, product innovations, and next-generation coating solutions, new facility expansions to increase product portfolio, and strategic partnerships and collaborations to improve financial strength and geographical presence.
The expanding construction industry is anticipated to drive the growth of the polyurea coatings market in the coming years. The construction sector focuses on creating, restoring, and maintaining infrastructures. Polyurea coatings are applied in construction to safeguard exterior surfaces and protect buildings from corrosion and weathering effects. They are particularly suitable for use on bridges and various industrial machinery due to their excellent resistance to chemical and abrasion damage. For example, in August 2024, Eurostat, a Luxembourg-based government agency, reported that production in the construction sector rose by 1% in the euro area in June 2024 compared to June 2023. Thus, the growth in the construction industry is propelling the polyurea coatings market forward.
The expansion of the automotive industry significantly contributed to the growth of the polyurea coatings market during the historical period. Polyurea industrial coatings provide outstanding protection against weather and chemicals, enhancing the lifespan of original equipment manufacturer (OEM) parts in vehicles. These coatings are applied on factory floors to safeguard against various forms of deterioration, including the reduction of vibrations in machinery. They are also suitable for protecting components of robotic systems, making them a perfect choice for the automotive manufacturing sector. For example, in 2023, the Organisation Internationale des Constructeurs d'Automobiles (OICA), a France-based international association of automobile manufacturers, reported substantial growth in the global automotive industry, with total vehicle production reaching 93,546,599 units, a significant increase from the 85,016,728 units produced in 2022. Thus, the growth of the automotive industry drove the expansion of the polyurea coatings market during this period.
Technological advancements are key trends gaining traction in the polyurea coatings market. Leading companies are focusing on developing enhanced products to solidify their market position in polyurea coatings. For example, in October 2023, Everest Systems, a US-based commercial roofing company, introduced EverMax Polyurea. This innovative polyurea coating is designed for low shrinkage and exceptional flexibility, providing excellent resistance to mechanical damage. EverMax Polyurea improves system performance, offering a high-impact solution for areas exposed to severe weather conditions. Its distinctive combination of high tensile strength and flexibility makes it particularly effective against hail impacts, thereby reducing the likelihood of expensive insurance claims and presenting a cost-effective choice for building owners.
Leading companies in the polyurea coatings market are concentrating on developing new technologies, such as modified polyurea technology, to facilitate the creation of innovative products with advanced features. For example, in March 2023, Pearl Polyurethane Systems LLC, a chemical manufacturing company based in the United Arab Emirates, introduced the DuraPearl Elastomer System, a polyurea-based spray coating system designed for extreme climates. The company claims that the DuraPearl Elastomer System is up to four times stronger and 98% more flexible than epoxy, making it ideal for applications like waterproofing and truck bed lining. Additionally, DuraPearl cures six times faster than epoxy, and its enhanced elasticity reduces the risk of cracking and peeling. It also boasts low emissions during production and minimal VOC leaching during use.
In April 2024, Henkel AG & Co. KGaA, a chemicals company based in Germany, acquired Seal for Life Industries for an undisclosed amount. This acquisition aims to bolster Henkel's presence in sustainability-oriented markets and provide access to certified protective coating technologies. It underscores Henkel's commitment to promoting sustainability and improving the longevity of aging infrastructure. Seal for Life Industries, a plastic fabrication company located in the United States, specializes in protective coating and sealing solutions.
Major companies operating in the polyurea coatings market include PPG Industries Inc, Sherwin-Williams Company, Huntsman Corporation, BASF SE, Covestro AG,Kukdo Chemical Co. Ltd, Rust-Oleum, Teknos Group, Rhino Linings Corporation, VIP GmbH, Asia Polyurethane, DuPont de Nemours Inc, Versaflex Incorporated, Indurit Coatings, Sika AG, AkzoNobel N. V, Kansai Paint Co Ltd., Wattyl, RPM International Inc, Armorthane, Nukote Coatings Systems, Huisins Coatings, Poliuretany Sp. z o.o, Polyurea Polska, Jotun A/S, Nippon Paint Holdings Co, Ltd, DuluxGroup, Renner Coatings, Delta Coatings International, Polycare Insulation Works LLC, Oasis Adhesive Industries LLC, Tecnopol SA, VersaTech Coatings, SpecPolyurea, Abe Construction Chemicals.
Asia-Pacific was the largest region in the polyurea coatings market in 2024. The regions covered in the polyurea coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the polyurea coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Polyurea is an organic polymer that exhibits characteristics resembling both plastic and rubber, finding applications in various fields. Polyurea coatings, known for their waterproof and resistant properties, are coatings that cure instantly. They are commonly used in commercial or outdoor applications such as outdoor furniture, signposts, and building facades, providing protection against abrasion and corrosion damage to the substrate.
The major types of raw materials used in polyurea coatings are aliphatic and aromatic. Aliphatic polyurea refers to polyurea based on an aliphatic diisocyanate. Polyurea coatings can be categorized as pure or hybrid. The application technologies for polyurea coatings include spraying, pouring, and hand mixing. These coatings find diverse applications in various end-user industries, including building and construction, transportation, chemical, industrial, and others.
The polyurea coatings market research report is one of a series of new reports that provides polyurea coatings market statistics, including polyurea coatings industry global market size, regional shares, competitors with a polyurea coatings market share, detailed polyurea coatings market segments, market trends and opportunities, and any further data you may need to thrive in the polyurea coatings industry. This polyurea coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The polyurea coatings market consists of sales of primers, liners/membranes, top coatings, sealants and fillers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Polyurea Coatings Market Characteristics3. Polyurea Coatings Market Trends and Strategies4. Polyurea Coatings Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Polyurea Coatings Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Polyurea Coatings Market34. Recent Developments in the Polyurea Coatings Market
5. Global Polyurea Coatings Growth Analysis and Strategic Analysis Framework
6. Polyurea Coatings Market Segmentation
7. Polyurea Coatings Market Regional and Country Analysis
8. Asia-Pacific Polyurea Coatings Market
9. China Polyurea Coatings Market
10. India Polyurea Coatings Market
11. Japan Polyurea Coatings Market
12. Australia Polyurea Coatings Market
13. Indonesia Polyurea Coatings Market
14. South Korea Polyurea Coatings Market
15. Western Europe Polyurea Coatings Market
16. UK Polyurea Coatings Market
17. Germany Polyurea Coatings Market
18. France Polyurea Coatings Market
19. Italy Polyurea Coatings Market
20. Spain Polyurea Coatings Market
21. Eastern Europe Polyurea Coatings Market
22. Russia Polyurea Coatings Market
23. North America Polyurea Coatings Market
24. USA Polyurea Coatings Market
25. Canada Polyurea Coatings Market
26. South America Polyurea Coatings Market
27. Brazil Polyurea Coatings Market
28. Middle East Polyurea Coatings Market
29. Africa Polyurea Coatings Market
30. Polyurea Coatings Market Competitive Landscape and Company Profiles
31. Polyurea Coatings Market Other Major and Innovative Companies
35. Polyurea Coatings Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Polyurea Coatings Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on polyurea coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for polyurea coatings? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The polyurea coatings market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Raw Material Type: Aliphatic, Aromatic2) By Type: Pure, Hybrid
3) By Technology: Spraying, Pouring, Hand Mixing
4) By End-User: Building and Construction, Transportation, Industrial, Chemical, Other End-Users
Subsegments:
1) By Aliphatic: Flexible Aliphatic Polyurea; Rigid Aliphatic Polyurea; Pigmented Aliphatic Polyurea2) By Aromatic: Flexible Aromatic Polyurea; Rigid Aromatic Polyurea; High-Durability Aromatic Polyurea
Key Companies Mentioned: PPG Industries Inc; Sherwin-Williams Company; Huntsman Corporation; BASF SE; Covestro AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- PPG Industries Inc
- Sherwin-Williams Company
- Huntsman Corporation
- BASF SE
- Covestro AG
- Kukdo Chemical Co. Ltd
- Rust-Oleum
- Teknos Group
- Rhino Linings Corporation
- VIP GmbH
- Asia Polyurethane
- DuPont de Nemours Inc
- Versaflex Incorporated
- Indurit Coatings
- Sika AG
- AkzoNobel N. V
- Kansai Paint Co Ltd.
- Wattyl
- RPM International Inc
- Armorthane
- Nukote Coatings Systems
- Huisins Coatings
- Poliuretany Sp. z o.o
- Polyurea Polska
- Jotun A/S
- Nippon Paint Holdings Co, Ltd
- DuluxGroup
- Renner Coatings
- Delta Coatings International
- Polycare Insulation Works LLC
- Oasis Adhesive Industries LLC
- Tecnopol SA
- VersaTech Coatings
- SpecPolyurea
- Abe Construction Chemicals
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 1.59 Billion |
| Forecasted Market Value ( USD | $ 2.56 Billion |
| Compound Annual Growth Rate | 12.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 35 |
