According to our (Global Info Research) latest study, the global Spray Polyurea Elastomer (SPUA) market size was valued at US$ 707 million in 2024 and is forecast to a readjusted size of USD 869 million by 2031 with a CAGR of 3.0% during review period.
A Spray Polyurea Elastomer (SPUA) is derived from a reaction of an isocyanate component and a resin blend component. The material has high mechanical strength, wear resistance, corrosion resistance, oil resistance, water resistance, aging resistance, alternating temperature (pressure) and other outstanding performance. "Spray Polyurea Elastomer Technology" (also known as "100% solid content spray polyurea elastomer technology") is following the high solids Sub-coating, water-based paint, powder coating technology, coating technology in the field of another major technological progress. It completely changed the traditional spraying process in the prevalence of solvent pollution, thin thickness, sagging, curing a long time and other shortcomings, to the scene to bring a revolutionary spray leap.
China is the largest market with about 38% market share. Followed by USA, accounting for about 24% market share.
The key players are Huntsman, SPI, BASF, United Coatings, Technical Urethanes, Bayer, Futura, SWD, DowDuPont, ILSAN (APTECH), Qingdao Jialian, AMMT, Supe etc. Top 3 companies occupied about 47% revenue market share.
This report is a detailed and comprehensive analysis for global Spray Polyurea Elastomer (SPUA) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Spray Polyurea Elastomer (SPUA) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Spray Polyurea Elastomer (SPUA) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Spray Polyurea Elastomer (SPUA) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2020-2031
Global Spray Polyurea Elastomer (SPUA) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Spray Polyurea Elastomer (SPUA)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Spray Polyurea Elastomer (SPUA) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Huntsman, SPI, BASF, United Coatings, Technical Urethanes, Bayer, Futura, SWD, DuPont, ILSAN (APTECH), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Spray Polyurea Elastomer (SPUA) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Universal
Waterproof
Market segment by Application
Industrial Anti - Corrosion
Building Waterproofing
Wear-Resistant Lining
Others
Major players covered
Huntsman
SPI
BASF
United Coatings
Technical Urethanes
Bayer
Futura
SWD
DuPont
ILSAN (APTECH)
Qingdao Jialian
AMMT
Supe
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Spray Polyurea Elastomer (SPUA) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Spray Polyurea Elastomer (SPUA), with price, sales quantity, revenue, and global market share of Spray Polyurea Elastomer (SPUA) from 2020 to 2025.
Chapter 3, the Spray Polyurea Elastomer (SPUA) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Spray Polyurea Elastomer (SPUA) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Spray Polyurea Elastomer (SPUA) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Spray Polyurea Elastomer (SPUA).
Chapter 14 and 15, to describe Spray Polyurea Elastomer (SPUA) sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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