Europe Polyurea Coatings Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Raw Material (Aliphatic Polyurea and Aromatic Polyurea), Type (Pure Polyurea and Hybrid Polyurea), Technology (Spraying, Pouring, and Hand Mixing), and Application (Building and Construction, Transportation, Industrial Application and Others)
The Europe polyurea coatings market is expected to grow from US$ 124.78 million in 2022 to US$ 222.16 million by 2028. It is estimated to grow at a CAGR of 10.1% from 2022 to 2028.
Superiority of Europe Polyurea Coatings Market Over Epoxy and Polyurethane Coatings fuels Europe Polyurea Coatings Market
Polyurea coatings have higher temperature resistance, moisture resistance, UV resistance, abrasion resistance, and chemical resistance, as well as more durability than epoxy coatings. Compared with polyurethane coatings, polyurea coatings have higher chemical and moisture resistance and more durability. Polyurea coatings have significantly lesser curing time in comparison to epoxy coatings, owing to their advanced characteristics.
Polyurea is a more flexible material than epoxy. As polyurea has more elasticity, it will move with the concrete rather than crack. Unlike epoxy flooring, polyurea flooring will not bubble, peel, or crack over time. Polyurea has a higher resistance to chemicals than epoxy and is UV stable. It is better for garage floors and exterior spaces and protects the floor against damage, stains, chemicals, and wear. Polyurea are light reflective, easy to clean, and long-lasting.
Furthermore, polyurea coatings are easy to maintain. Epoxy floors have a shorter life span compared to polyurea coatings. Moreover, expensive repairs are needed when cracks happen on epoxy coatings. Floors with epoxy coatings can be slippery when wet and need regular maintenance. Epoxy flooring can be worn out prematurely if exposed to high temperatures, and the coating used is not of high quality. Epoxy coatings are also challenging to install in garages because high temperatures can quickly harden the epoxy coating materials before being spread out evenly on the floor.
Polyurea lasts longer in environments where vehicles or forklifts are moving on the floor. It does not require costly recoating every few years, unlike epoxy, which saves money in the long run. Polyurea is applied at lower temperatures than epoxy and does not damage the flooring materials.
Additionally, since polyurea is a 100% solids coating, it has no added chemicals to thin out the product as epoxy has. Therefore, fewer VOCs (volatile organic compounds) are emitted into the environment during the application and curing of polyurea coating, making it safer for everyone involved. Therefore, the properties of polyurea are better than epoxy and polyurethane coatings, hence the demand for Europe polyurea coatings market is surging.
Europe Polyurea Coatings Market Overview
The Europe polyurea coatings market is primarily driven by the growing number of building & construction, transportation, and industrial applications. Further, rapid growth in European construction activities increases the demand for polyurea coatings, as they can withstand high abrasion, harsh impacts, and extreme mechanical stress. These coatings protect against mechanical impacts, minimize damages to the anticorrosive paint system, and secure corrosion protection underneath. Such initiatives by governments of European countries are further bolstering the demand for polyurea coatings in the region.
Europe Polyurea Coatings Market Revenue and Forecast to 2028 (US$ Million)
Europe Polyurea Coatings Market Segmentation
The Europe polyurea coatings market is segmented into raw material, type, technology, application and country.
Based on raw material, the Europe polyurea coatings market is segmented into aliphatic polyurea and aromatic polyurea. The aromatic polyurea segment held a larger share of the Europe polyurea coatings market in 2022.
Based on type, the Europe polyurea coatings market is segmented into pure polyurea and hybrid polyurea. The hybrid polyurea segment held a larger share of the Europe polyurea coatings market in 2022.
Based on technology, the Europe polyurea coatings market is segmented into spraying, pouring, and hand mixing. The spraying segment held the largest share of the Europe polyurea coatings market in 2022.
Based on application, the Europe polyurea coatings market is segmented into building and construction, transportation, industrial application and others. The building and construction segment held the largest share of the Europe polyurea coatings market in 2022.
Based on country, the Europe polyurea coatings market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the share of the Europe polyurea coatings market in 2022.
BASF SE; Fosroc Inc; Huntsman International LLC; Nukote Coating Systems International LLC; PPG Industries Inc; Rhino Linings Corp; Sika AG; Teknos Group Oy; The Sherwin-Williams Co; and VIP Coatings International GmbH & Co KG are the leading companies operating in the Europe polyurea coatings market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Polyurea Coatings Market – By Raw Material
1.3.2 Europe Polyurea Coatings Market – By Type
1.3.3 Europe Polyurea Coatings Market – Technology
1.3.4 Europe Polyurea Coatings Market – Application
1.3.5 Europe Polyurea Coatings Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Polyurea Coatings Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 The Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis : Europe Polyurea Coatings Market
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Use Industry:
4.4 Expert Opinions
5. Europe Polyurea Coatings Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increase in Building and Construction Activities
5.1.2 Superiority of Europe Polyurea Coatings Market Over Epoxy and Polyurethane Coatings
5.2 Market Restraints
5.2.1 High Price and Toxic Raw Material
5.3 Market Opportunities
5.3.1 Growing Infrastructure Advancement Activities in Various Economies
5.4 Future Trends
5.4.1 Technological Advancements and Strategic Activities
5.5 Impact Analysis of Drivers and Restraints
6. Europe Polyurea Coatings -Market Analysis
6.1 Europe Polyurea Coatings Market Overview
6.2 Europe Polyurea Coatings Market Forecast and Analysis
7. Europe Polyurea Coatings Market Analysis – By Raw Material
7.1 Overview
7.2 Europe Polyurea Coatings Market, By Raw Material (2021 and 2028)
7.3 Aliphatic Polyurea
7.3.1 Overview
7.3.2 Aliphatic Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 Aromatic Polyurea
7.3.4 Overview
7.3.5 Aromatic Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Polyurea Coatings Market Analysis – By Type
8.1 Overview
8.2 Europe Polyurea Coatings Market, By Type (2021 and 2028)
8.3 Pure Polyurea
8.3.1 Overview
8.3.2 Pure Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3 Pure Polyurea: Europe Polyurea Coatings Market – Volume and Forecast to 2028 (Gallons)
8.4 Hybrid Polyurea
8.4.1 Overview
8.4.2 Hybrid Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
8.4.3 Hybrid Polyurea: Europe Polyurea Coatings Market – Volume and Forecast to 2028 (Gallons)
9. Europe Polyurea Coatings Market Analysis – Technology
9.1 Overview
9.2 Europe Polyurea Coatings Market, By Technology (2021 and 2028)
9.3 Spraying
9.3.1 Overview
9.3.2 Spraying: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pouring
9.4.1 Overview
9.4.2 Pouring: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Hand Mixing
9.5.1 Overview
9.5.2 Hand Mixing: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Polyurea Coatings Market Analysis – Application
10.1 Overview
10.2 Europe Polyurea Coatings Market, By Application (2021 and 2028)
10.3 Building and Construction
10.3.1 Overview
10.3.2 Building and Construction: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Transportation
10.4.1 Overview
10.4.2 Transportation: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Industrial Applications
10.5.1 Overview
10.5.2 Industrial Applications: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Europe Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
11. Europe Polyurea Coatings Market – Country Analysis
11.1 Overview
11.1.1 Europe Polyurea Coatings Market, by Key Country
11.1.1.1 Germany: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
11.1.1.2 Germany: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
11.1.1.2.1 Germany: Europe Polyurea Coatings Market, by Raw Material
11.1.1.2.2 Germany: Europe Polyurea Coatings Market, by Type
11.1.1.2.3 Germany: Europe Polyurea Coatings Market, by Type
11.1.1.2.4 Germany: Europe Polyurea Coatings Market, by Technology
11.1.1.2.5 Germany: Europe Polyurea Coatings Market, by Application
11.1.1.3 France: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
11.1.1.4 France: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
11.1.1.4.1 France: Europe Polyurea Coatings Market, by Raw Material
11.1.1.4.2 France: Europe Polyurea Coatings Market, by Type
11.1.1.4.3 France: Europe Polyurea Coatings Market, by Type
11.1.1.4.4 France: Europe Polyurea Coatings Market, by Technology
11.1.1.4.5 France: Europe Polyurea Coatings Market, by Application
11.1.1.5 Italy: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
11.1.1.6 Italy: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
11.1.1.6.1 Italy: Europe Polyurea Coatings Market, by Raw Material
11.1.1.6.2 Italy: Europe Polyurea Coatings Market, by Type
11.1.1.6.3 Italy: Europe Polyurea Coatings Market, by Type
11.1.1.6.4 Italy: Europe Polyurea Coatings Market, by Technology
11.1.1.6.5 Italy: Europe Polyurea Coatings Market, by Application
11.1.1.6.6 United Kingdom: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.7 United Kingdom: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
11.1.1.6.8 United Kingdom: Europe Polyurea Coatings Market, by Raw Material
11.1.1.6.9 United Kingdom: Europe Polyurea Coatings Market, by Type
11.1.1.6.10 United Kingdom: Europe Polyurea Coatings Market, by Type
11.1.1.6.11 United Kingdom: Europe Polyurea Coatings Market, by Technology
11.1.1.6.12 United Kingdom: Europe Polyurea Coatings Market, by Application
11.1.1.7 Russia: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
11.1.1.8 Russia: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
11.1.1.8.1 Russia: Europe Polyurea Coatings Market, by Raw Material
11.1.1.8.2 Russia: Europe Polyurea Coatings Market, by Type
11.1.1.8.3 Russia: Europe Polyurea Coatings Market, by Type
11.1.1.8.4 Russia: Europe Polyurea Coatings Market, by Technology
11.1.1.8.5 Russia: Europe Polyurea Coatings Market, by Application
11.1.1.9 Rest of Europe: Europe Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.10 Rest of Europe: Europe Polyurea Coatings Market – Volume and Forecast to 2028 (Gallons)
11.1.1.10.1 Rest of Europe: Europe Polyurea Coatings Market, by Raw Material
11.1.1.10.2 Rest of Europe: Europe Polyurea Coatings Market, by Type
11.1.1.10.3 Rest of Europe: Europe Polyurea Coatings Market, by Type
11.1.1.10.4 Rest of Europe: Europe Polyurea Coatings Market, by Technology
11.1.1.10.5 Rest of Europe: Europe Polyurea Coatings Market, by Application
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 BASF SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 PPG Industries Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Sika AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fosroc Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 The Sherwin-Williams Co
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 VIP Coatings International GmbH & Co KG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nukote Coating Systems International LLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Huntsman International LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Rhino Linings Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Teknos Group Oy
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Polyurea Coatings Market Revenue Forecast to 2028 (US$ Mn)
Table 2. Germany: Europe Polyurea Coatings Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Europe Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Europe Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 5. Germany: Europe Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Europe Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Europe Polyurea Coatings Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Europe Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Europe Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 10. France: Europe Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 11. France: Europe Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Europe Polyurea Coatings Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Europe Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Italy: Europe Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 15. Italy: Europe Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Europe Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. United Kingdom: Europe Polyurea Coatings Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 18. United Kingdom: Europe Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. United Kingdom: Europe Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 20. United Kingdom: Europe Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 21. United Kingdom: Europe Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: Europe Polyurea Coatings Market, by Raw Material– Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia: Europe Polyurea Coatings Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 24. Russia: Europe Polyurea Coatings Market, by Type– Volume and Forecast to 2028 (Gallons)
Table 25. Russia: Europe Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 26. Russia: Europe Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Europe Polyurea Coatings Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe: Europe Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of Europe: Europe Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 30. Rest of Europe: Europe Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 31. Rest of Europe: Europe Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Glossary of Terms, Europe Polyurea Coatings Market
LIST OF FIGURES
Figure 1. Europe Polyurea Coatings Market Segmentation
Figure 2. Europe Polyurea Coatings Market Segmentation – By Country
Figure 3. Europe Polyurea Coatings Market Overview
Figure 4. Hybrid Polyurea segment holds the largest share
Figure 5. The Rest of Europe Held Largest Share of Europe Polyurea Coatings Market in 2021
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Europe Polyurea Coatings Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Polyurea Coatings Market Forecast and Analysis, 2020–2028 (US$ Mn)
Figure 10. Europe Polyurea Coatings Market Revenue Share, By Raw Material (2021 and 2028)
Figure 11. Aliphatic Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. Aromatic Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Europe Polyurea Coatings Market Revenue Share, By Type (2021 and 2028)
Figure 14. Pure Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Pure Polyurea: Europe Polyurea Coatings Market – Volume and Forecast To 2028 (Gallons)
Figure 16. Hybrid Polyurea: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Hybrid Polyurea: Europe Polyurea Coatings Market – Volume and Forecast To 2028 (Gallons)
Figure 18. Europe Polyurea Coatings Market Revenue Share, By Technology (2021 and 2028)
Figure 19. Spraying: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Pouring: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Hand Mixing: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Europe Polyurea Coatings Market Revenue Share, By Application (2021 and 2028)
Figure 23. Building and Construction: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Transportation: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Industrial Applications: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Others: Europe Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Europe Polyurea Coatings Market, by Key Country– Revenue (2021) (US$ Million)
Figure 28. Europe Polyurea Coatings Market Revenue Share, by Key Country (2021 and 2028)
Figure 29. Germany: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
Figure 30. Germany: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
Figure 31. France: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
Figure 32. France: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
Figure 33. Italy: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
Figure 34. Italy: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
Figure 35. United Kingdom: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
Figure 36. United Kingdom: Europe Polyurea Coatings Market–Volume and Forecast to 2028 (Gallons)
Figure 37. Russia: Europe Polyurea Coatings Market–Revenue and Forecast to 2028 (US$ Million)
Figure 38. Russia: Europe Polyurea Coatings Market– Volume and Forecast to 2028 (Gallons)
Figure 39. Rest of Europe: Europe Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of Europe: Europe Polyurea Coatings Market – Volume and Forecast to 2028 (Gallons)
- BASF SE
- Fosroc Inc
- Huntsman International LLC
- Nukote Coating Systems International LLC
- PPG Industries Inc
- Rhino Linings Corp
- Sika AG
- Teknos Group Oy
- The Sherwin-Williams Co
- VIP Coatings International GmbH & Co KG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe polyurea coatings market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Europe polyurea coatings market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.