Polyaspartic coatings revenue is expected to total US$ 335 Mn for 2021, according to Fact.MR. In the long-run, the market is expected to reach US$ 572 Mn by 2031, expanding 1.7x.
Latest industry survey by Fact MR, predicts Polyaspartic Coatings sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The report offers actionable and valuable market insights of Polyaspartic Coatings. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Polyaspartic Coatings Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Polyaspartic Coatings market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Polyaspartic Coatings
This newly published and insightful report sheds light on Market Insights of Polyaspartic Coatings, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Polyaspartic Coatings Market.
The global polyaspartic coatings market is in the recovery phase with the construction and transportation sectors gaining momentum again after initial shocks due to the COVID-19 pandemic. While manufacturers are gaining momentum again, high requirement for Polyaspartic Coatings is significantly surging demand from key end-use industries such as power generation, construction, and transportation.
The latest report on the polyaspartic coatings market published by Fact.MR provides a thorough analysis of the post-pandemic market, demand-supply patterns, and key factors around the globe during the forecast period of 2021 to 2031. According to the report, the focus of stakeholders will be North America, Asia Pacific, and Europe, with the U.S. China, Japan, India, and the United Kingdom in the limelight. Overall, the market outlook will remain positive and progressive, expanding at a healthy CAGR of 5.5% over the next ten years.
Key Takeaways from Market Study
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“Despite suffering a setback during the outbreak of COVID-19, demand for polyaspartic coatings is rising fast, creating promising opportunities for stakeholders in this field, with requirements from construction, transportation, and power generation sectors set to rise,” says a Fact.MR analyst.
Demand for Polyaspartic Coatings Rising from Construction Industry
Polyaspartic coatings are extensively used in floor & roof coatings, concrete repair, interior & exterior architecture, and others in the construction industry. While the construction industry got battered by the COVID-19 pandemic, it’s getting back on track with an increase in the number of residential, commercial, and industrial projects.
According to a report published by the Government of the United Kingdom, the global construction industry holds considerable growth opportunities and is expected to grow by 70% through 2025. As stated in a report published by Invest India, Indian real estate attracted US$ 5 billion institutional investments in 2020, and the construction industry in the country contributes 9% of the Gross Domestic Product (GDP).
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More Valuable Insights on Polyaspartic Coatings Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Polyaspartic Coatings, Sales and Demand of Polyaspartic Coatings, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai.
Aug 08, 2022