Polyurea Coatings Market Projected to Reach $971.5 Million by 2020
PUNE, India – A report released by market research firm MarketsandMarkets estimates the value of the polyurea coatings market was $531.1 million in 2015 and is projected to reach $971.5 million by 2020, growing at a CAGR of 12.84 percent between 2015 and 2020.
Polyurea is one of the significant developments in the coatings industry. The key advantages of polyurea coatings are high abrasive resistance, excellent resistance against corrosion and chemicals, moisture resistance, fast curing time, and other physical and mechanical properties. It is also an eco-friendly and high-performance product.