Report Scope & Overview:

Polyurea Coatings Market Size was valued at USD 1.46 billion in 2022, and is expected to reach USD 3.75 billion by 2030, and grow at a CAGR of 12.5% over the forecast period 2023-2030.

An isocyanate and resin mixture can be combined to create polyurea coating, which coats the substrate with a rubber-like substance. To increase the substrate's performance effectiveness, this coating is applied. In a wide range of temperatures and humidity levels, polyurea is compatible with a variety of substrates, including concrete, wood, metals, and others. Additionally, it is environmentally friendly and has no volatile organic chemicals (VOC).

Polyurea Coatings Market Revenue Analysis

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In addition, these coatings offer numerous advantages over conventional coatings, including high coating thickness, quick drying, resilience to adverse weather, high humidity, and low temperatures. Superior qualities of polyurea coatings include their high durability, resistance to corrosion, abrasion, and chemicals, as well as their capacity to waterproof, decorate, and improve structural integrity.

Market Dynamics:


  • Other rival coating technologies are being replaced by polyurea coatings.

  • An increase in demand from the construction sector.

  • The implementation of VOC emissions standards.

  • The growing acceptance of environmentally friendly goods 



  • Coating technology advancements and new uses

  • The cutting-edge polyurea coating technology


  • Need for skilled personnel to handle harmful raw materials

  • Coating techniques and raw ingredients currently available

Impact of Covid-19:

The latest COVID-19 (new coronavirus) pandemic is unquestionably causing disruptions in global manufacturing, value chains that follow, and the logistics sector. It is anticipated that the constant supply of goods and catering to consumer demand will help keep the market in balance. However, many producers are unable to supply consumers with their goods because they are having trouble obtaining the raw materials needed for production. Due to lockdowns and reduced staff, a few small and medium-sized businesses are experiencing delays in the reopening of manufacturing facilities.

By Raw Materials: Both aromatic and aliphatic isocyanates are used as basic materials in the production of polyurea coatings. Because of its superior physical characteristics, high-performance features, and abrasion and corrosion resistance for coating applications, aromatic isocyanates now have the biggest market share.

By Technology: The three methods for applying polyurea coatings include spraying, pouring, and hand mixing. Spraying has the biggest market share among these methods because to its advantages of being quick and precise in application. The market in this sector is being driven by the countries' growing infrastructure as well as an increase in applications, including secondary containment, wastewater treatment, bed linings, floor coatings, and roof coatings.

By End use: The polyurea coatings are divided into the following categories according to the end-use industry: building & construction, automotive, industrial, chemical, and others. Due to its extensive use in crack-bridging, waterproofing, enhancing tensile and compressive strength, and offering corrosion, chemical, and water resistance, the building and construction segment is holding the highest share among them.

Market Segment:

By raw material type:

  • Aliphatic

  • Aromatic

By polyurea type:

  • Pure

  • Hybrid

By Technology:

  • Spraying

  • Pouring

  • Hand Mixing

By Eend – Use Industry:

  • Building & Construction

  • Transportation

  • Industrial

  • Landscape

Polyurea Coatings Market Segmentation Analysis

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Regional Analysis:

Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are some of the geographical divisions of the polyurea coatings market. Out of these, North America is anticipated to hold the largest market share for polyurea coatings and is anticipated to keep leading during the study period due to an increase in construction and repair activity there. Europe is anticipated to have the second-largest market share because of the strong demand from the established automotive industry. The strict laws against using goods with a high VOC content have also contributed to the expansion in the North American and European regions. Because of its rapid industrialization and urbanisation, as well as increasing investments in emerging economies, Asia-Pacific is expected to experience the fastest growth. 

Middle East and Africa's building and construction sector is anticipated to continue growing steadily. Latin America is expected to represent considerable demand for the worldwide market because to its developing construction industry in growing nations like Brazil, Mexico, Chile, and Venezuela. According to a forecast by the Indian Brand Equity Foundation (IBEF), the country's real estate market could reach USD 1 trillion by 2030 and could contribute up to 13% of GDP by 2025.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

VersaFlex Incorporated and The Polyurea People (U.S.), Armorthane (U.S.), Lse Building Preservation Ltd (U.K.), PPG Industried, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Huntsman International LLC. (the U.S.), KUDKO CHEMICAL CO.LTD. (South Korea), Rust-Oleum (U.S.), SPI Performance Coatings (U.K), Rhino Linings Corporation. (the U.S.).

Armorthane (U.S.)-Company Financial Analysis


Polyurea Coatings Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 1.46 Billion
Market Size by 2030 US$ 3.75 Billion
CAGR CAGR of 12.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By raw material type (Aliphatic, Aromatic)
• By polyurea type (Pure, Hybrid)
• By technology (Spraying, Pouring, Hand Mixing)
• By end – use industry (Building & Construction, Transportation, Industrial, Landscape)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles VersaFlex Incorporated and The Polyurea People (U.S.), Armorthane (U.S.), Lse Building Preservation Ltd (U.K.), PPG Industried, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Huntsman International LLC. (the U.S.), KUDKO CHEMICAL CO.LTD. (South Korea), Rust-Oleum (U.S.), SPI Performance Coatings (U.K), Rhino Linings Corporation. (the U.S.)
Key Drivers • Other rival coating technologies are being replaced by polyurea coatings.
• An increase in demand from the construction sector.
RESTRAINTS • More expensive than other coatings technologies.
• Existence of substitutes

Frequently Asked Questions

The market size of the Polyurea Coatings Market is expected to reach USD 3.75 billion by 2030.

Polyurea Coatings Market is segmented into 4 categories: By Technology, By Raw Material Type, By polyurea type, and By End-use Industry.

VersaFlex Incorporated and The Polyurea People (U.S.), Armorthane (U.S.), Lse Building Preservation Ltd (U.K.), PPG Industried, Inc. (U.S.), The Sherwin-Williams Company (U.S.), Huntsman International LLC. (the U.S.), KUDKO CHEMICAL CO.LTD. (South Korea), Rust-Oleum (U.S.), SPI Performance Coatings (U.K), and Rhino Linings Corporation (the U.S.) are leading players in the Polyurea Coatings Market.

The growth rate of the Polyurea Coatings Market is 12.5 % during the forecast period.

North America region dominated the Polyurea Coatings Market.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.Polyurea Coatings Market Segment, By raw material type

8.1 Aliphatic

8.2 Aromatic

9.Polyurea Coatings Market Segment, By polyurea type

9.1 Pure

9.2 Hybrid

10.Polyurea Coatings Market Segment, By technology

10.1 Spraying

10.2 Pouring

10.3 Hand Mixing

11.Polyurea Coatings Market Segment, By end – use industry

11.1 Building & Construction

11.2 Transportation

11.3 Industrial

11.4 Landscape

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profile

13.1 VersaFlex Incorporated and The Polyurea People (U.S.)

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Armorthane (U.S.)

13.3 Lse Building Preservation Ltd (U.K.)

13.4 PPG Industried, Inc. (U.S.)

13.5 The Sherwin-Williams Company (U.S.)

13.6 Huntsman International LLC. (the U.S.)

13.7 KUDKO CHEMICAL CO.LTD. (South Korea)

13.8 Rust-Oleum (U.S.)

13.9 SPI Performance Coatings (U.K)

13.10 Rhino Linings Corporation. (the U.S.)

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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