A polyaspartic coating is an aliphatic polyurea protective layer applied to surfaces of metal or concrete floors. There main function is to prevent corrosion and erosion. They usually are hard and rough so they are very useful to provide protection. They are also used as a topcoat because of their non- yellowing nature. These coatings are widely used in various infrastructures so they can cater better protection of floors, structures and they also have the ability to provide many other advantages such as decreasing the maintenance requirements of infrastructures. Pure polyurea and hybrid polyurea are two common types of the polyaspartic coating. These coating are usually light, have strong adhesion, provide rapid curing and are highly resistant t temperature.
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Some of the factors responsible for the growth of this market are:
The global polyaspartic coatings market is segmented on the basis of type as pure polyurea, & hybrid polyurea; technology as water-borne, solvent-borne, powder coatings, & others; system as quartz, & metallic and end-use industry as building & construction, transportation, industrial, power generation, and landscape.
Some of the launches and acquisition in the market are as follow:
“According to Data Bridge Market Research, global polyaspartic coatings market is expected to rise to an estimated value of USD 749.48 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026”
Few of the major competitors currently working in the global polyaspartic coatings market are Covestro AG; The Sherwin-Williams Company; PPG INDUSTRIES, INC.; Akzo Nobel N.V.; BASF Corporation; Hempel Group; Sika AG; Carboline; LATICRETE International, Inc.; Indmar CoatingsCorporation; RPM International Inc.; Satyen Polymers Pvt. Ltd.; The Floor Company; FLEXMAR Polyaspartics; Lifetime Flooring Solutions, Inc.; Prokemsc.com; ADVACOAT; Rhino Linings Corporation; Duraamen Engineered Products, Inc.; Enviro Epoxy Products Inc.; Iron Man Coatings. Inc.; Pidilite Industries Ltd. and PATCHAM(FZC) among others.
Using polyaspartic coating can be very beneficial as they have ability to provide strong and durable protection. They are low-to-zero volatile organic compound (VOC) which is reason they have faster curing time. They have high flexibility and provide resistance to chemical due to which they are widely used in garage floors, industrial application, automotive and other. They can also be applied in extreme temperatures and when exposed to moisture don’t get discolored.
Global Polyaspartic Coatings Market – Industry Trends and Forecast to 2026