Global Sales Of Polyurea Market Is Expected To Reach US$ 2 Billion Market Value By 2032

Chemical & Materials

The study on the Global Polyurea Market Insights published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Polyurea Market Insights in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Polyurea Market Insights during the forecast period.

The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Polyurea Market Insights in the assessment period.

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Market Segments Covered in Polyurea Market Analysis

  • By Raw Material :

    • Aromatic
    • Aliphatic
  • By Product Type :

    • Coating
    • Lining
    • Adhesive & Sealants
    • Other Product Types
  • By Application :

    • Construction
    • Industrial
    • Transportation
    • Other Applications
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

Competitive Analysis

Players in the market are constantly developing improved solutions as well as extending their product offerings. To help polyurea providers implement cost-effective solutions and preserve competitive advantage in the market, the companies are focused on their alliances, and technology collaborations.

Some of the recent developments of key Polyurea providers are as follows:

  • In April 2022, Bayer announced that Ginkgo Bioworks has agreed to buy Bayer’s West Sacramento Biologics Research & Development site as well as its internal discovery and lead optimization platform. Ginkgo Bioworks will collaborate with Bayer on developing biological solutions in fields such as nitrogen optimization, carbon sequestration, and next-generation crop protection over a multi-year period.
  • In February 2022, the Sherwin-Williams Company declared that it has fixed an agreement with North Carolina, Iredell County, and The City of Statesville to enhance its coatings production and architectural paint. Over the next three years, Sherwin-Williams aims to invest at least US$300 Mn in the redevelopment and add more than 180 full-time positions to the facility, effectively doubling the current workforce.
  • In August 2020, Resdev Limited announced a partnership with VersaFlex. Resdev’s parking deck, specialty flooring, and concrete repair solutions will be combined with VersaFlex’s specialized coatings, linings, and technical foams portfolio as a result of this decision. Their collaboration will first focus on bringing VersaFlex’s wide network of clients in North and South America to the Pumadur portfolio of polyurethane cement-based flooring products.

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