Global Polyurea Coatings Market to Reach $2.4 Billion by 2030
The global market for Polyurea Coatings estimated at US$1.3 Billion in the year 2023, is expected to reach US$2.4 Billion by 2030, growing at a CAGR of 8.7% over the period 2023-2030. Aromatic Isocyanate-based Polyurea Coatings, one of the segments analyzed in the report, is expected to record 8.3% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the Aliphatic Isocyanate-based Polyurea Coatings segment is estimated at 9.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $346.1 Million, While China is Forecast to Grow at 11.6% CAGR
The Polyurea Coatings market in the U.S. is estimated at US$346.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$528.9 Million by the year 2030 trailing a CAGR of 11.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 7.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook