Polyaspartic resins have been gaining greater demand as blend well with isocyanates for a stronger, more durable finish. Polyaspartic resins provide exterior coatings are weather resistance, zero VOCs, and fewer coats for greater efficiency. fast dry time provides end-users with plenty of freedom and the resins can be applied with regular equipment even though they have a high solid content. Added advantages include control over the cure rate when added to aliphatic coatings, flexibility to design the reactivity to accommodate for batch mixing and application, and the freedom to change the reaction time to extend the pot-life. Polyaspartic resins are therefore highly customizable, adding edge to their market advantage.
Polyaspartic resins are most widely used as coating and work well on plastics and metals and creates a highly flexible coat. They are effectively used to protect steel beams and different types of pipes from corrosion and the wear and tear of weather and water damage. They are also designed to be saline water resistant and are therefore used as coatings in automotive, exterior walls, and flooring, including concrete.
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Top Players in the Global Polyaspartic Resin Market:
- FLEXMAR Polyaspartics
- Lifetime Flooring Solutions, Inc.
- com
- ADVACOAT
- Rhino Linings Corporation
- Duraamen Engineered Products, Inc.
- Enviro Epoxy Products Inc.
- Iron Man Coatings. Inc.
- Pidilite Industries Ltd.
- Covestro AG
- The Sherwin-Williams Company
- PPG INDUSTRIES, INC.
- Akzo Nobel N.V.
- BASF SE
- LATICRETE International, Inc.
- Indmar Coatings Corporation
- RPM International Inc.
- Satyen Polymers Pvt. Ltd.
- The Floor Company
Polyaspartic resins market has been gaining a competitive advantage over traditional epoxy as the latter though widely used in various industries due to their low price, ease of application, and favorable results, had longer curing rimes and tended to yellow with age, fade in direct sunlight, crack at floor joints and bulge at vulnerable points. Polyaspartic resins are abrasion resistant, more flexible, UV-stable, and are not as sensitive to moisture as polyurethanes. Polyaspartic resins are increasingly replacing epoxy-based coat and urethane topcoats two-layer systems with one coat systems. This subsequently improves process productivity and increases the demand for polyaspartic resins.
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Market segmentation based on Type Outlook:
- Pure Polyurea
- Hybrid Polyurea
System Outlook:
- Quartz
- Metallic
End-User Outlook:
- Building Construction
- Transportation
- Industrial
- Power Generation
- Landscape
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Polyaspartic Resin market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Polyaspartic Resin market?
- Which regional market is expected to lead in terms of revenue share in the global Polyaspartic Resin market over the forecast years?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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