In 2017, the global polyaspartic acid coating market was valued at XX billion U.S. dollars and is expected to reach XX billion U.S. dollars by 2026, with a compound annual growth rate of approximately XX% during the forecast period.
The global polyaspartic acid coating market is divided by type, application and region. The polyaspartic acid coating market is divided into solvent coatings and powder coatings. Residential, commercial and industrial are the application areas of the polyaspartic acid coating market. Geographically enter North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
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In the context of the recovery of the global commercial sector, the global polyaspartic acid coating market is growing. Polyaspartic acid coatings exhibit high durability and hardness characteristics, making them superior to common coatings such as epoxy and polyurethane. Short drying time, increased film thickness, long pot life, odorlessness, low color value, and high compatibility with most surfaces also make them more suitable for concrete floor applications. The polyaspartic acid coating also provides corrosion protection, making it suitable for harsh environmental applications.
In terms of types, solvent-based products currently show leading demand in the market. Due to environmental issues, the demand for water-based paint and coating formulations continues to grow, and solvent-based technology is expected to bode well in the next few years. On the other hand, the powder-based technology sector had a small share of the polyaspartic acid coating market in 2016.
At present, the commercial sector has a surge in demand for green and sustainable products that do not emit toxic substances into the environment. Developing regions increasingly need low-cost commercial housing options and infrastructure such as bridges, flyovers, highways, aviation, and urban rail. Countries such as India, China and Japan are allocating more funds for infrastructure development, which may be a potential key factor to promote the growth of the polyaspartic acid coating market in the next few years.
According to analysis, North America has an important share in the polyaspartic acid coating market. In 2016, the total demand for polyaspartic acid coatings in Europe and the Asia-Pacific region exceeded 50%. During the reporting period, the expansion of the residential sector in China, India, Malaysia, Thailand, Vietnam and Indonesia may drive the demand for polyaspartic acid coatings. ™ The forecast period.
Akzo Nobel, PPG Industries, Sika, Sherwin Williams, Covestro, Cipy Polyurethanes Pvt. LTD, Rust-Oleum Corporation, BASF SE, Sika AG, Duraamen Engineered Products Inc., Chromaflo Technologies Corporation, Iron Man Coatings, NEOGARD, Polyval Coatings Inc, PATCHAM, FLEXMAR Coatings Inc., Enviro Epoxy Products Inc., TTM Finishes Inc., TSE Industries Inc., Rhino Linings Corporation, Zhuhai Feiyang New Material Co., Ltd. A major player in the aspartic acid coating market. Global polyaspartic acid coating market scope:
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Global Polyaspartic Acid Coating Market by Type: Solvent Coating Powder Coatings Global Polyaspartic Acid Coating Market by Application: Residential Commercial Industry Global Polyaspartic Acid Coating Market by Region: North America, Europe, Asia-Pacific, Middle East and Middle East Major players in the analysis of the global polyaspartic acid coatings market in Africa and Latin America: Akzo Nobel NV PPG Industries Sika Corporation The Sherwin Williams Company Covestro AG Cipy Polyurethanes Pvt. LTD Rust-Oleum Corporation BASF SE Covestro AG Sika AG Duraamen Engineered Products Inc. , Chromaflo Technologies Corporation Iron Man Coatings NEOGARD Polyval Coatings Inc PATCHAM FLEXMAR Coatings Inc. Enviro Epoxy Products Inc. TTM Finishes Inc. TSE Industries Inc. Rhino Linings Corporation Zhuhai Feiyang Novel Materials Co., Ltd.
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