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Middle East & Africa Polyurea Coatings Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Raw Material (Aliphatic Polyurea and Aromatic Polyurea), Type (Pure Polyurea and Hybrid Polyurea), Technology (Spraying, Pouring, and Hand Mixing), and Application (Building and Construction, Transportation, Industrial Application and Others)

April 2023 | 123 pages | ID: MD8C9A98FE53EN
The Insight Partners

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The Middle East & Africa polyurea coatings market is expected to grow from US$ 56.67 million in 2022 to US$ 82.52 million by 2028. It is estimated to grow at a CAGR of 6.5% from 2022 to 2028.

Growing Infrastructure Advancement Activities in Various Economies fuels Middle East & Africa Polyurea Coatings Market

Companies in the Middle East & Africa polyurea coatings market focus on offering new, upgraded products to meet customers' evolving needs. Therefore, the companies started adopting technological advancements and advanced techniques in polyurea coatings manufacturing. The ease in the production processes ultimately lowers the total cost. R&D spending has also increased, and manufacturers are coming up with advanced technologies in terms of chemistry with changes in the functioning of the products. Innovations in the formulation of isocyanate components and resin blends and ongoing technological advancements in the manufacturing process would lead to the development of polyurea coatings with high-performance properties in the coming years. The introduction of spray and injection technologies for applying polyurea coatings is expected to propel their use in various end-use industries such as construction and transportation during the forecast period.

The Middle East & Africa polyurea coatings market is witnessing various strategic initiatives such as product launches, collaborations, and mergers and acquisitions by market players. For instance, in 2019, Specialty Products Inc. announced a collaboration with the VersaFlex family of companies along with Raven Lining Systems, Milamar Coatings, Bridge Preservation, and Vanberg Specialized Coatings. The collaboration expanded the portfolio of Speciality Coating Solutions . In February 2021, PPG acquired VersaFlex from DalFort Capital Partners. VersaFlex has specialization in polyurea, epoxy, and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure, and industrial applications.

Middle East & Africa Polyurea Coatings Market Overview

The Middle East & Africa polyurea coatings market is segmented into South Africa, Saudi Arabia, the UAE, and Rest of the Middle East & Africa. The rising urban population has led to an increase in the construction of private residential buildings in semi-urban and urban cities. Therefore, the rise in the construction of office buildings, residential as well as commercial and industrial buildings, has increased the demand for polyurea coatings in the region as polyurea coatings is highly capable of waterproofing & protecting terrace/roof structures against damages caused by extreme weather, expansion and contraction caused by temperature changes, abrasion, high and low-impact stressors, and corrosion, etc. Also, the market is witnessing rapid development in the Middle East due to the end-use industries' increased adoption of advanced polyurea coatings.

Middle East & Africa Polyurea Coatings Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Polyurea Coatings Market Segmentation

The Middle East & Africa polyurea coatings market is segmented into raw material, type, technology, application and country.

Based on raw material, the Middle East & Africa polyurea coatings market is segmented into aliphatic polyurea and aromatic polyurea. The aromatic polyurea segment held a larger share of the Middle East & Africa polyurea coatings market in 2022.

Based on type, the Middle East & Africa polyurea coatings market is segmented into pure polyurea and hybrid polyurea. The hybrid polyurea segment held a larger share of the Middle East & Africa polyurea coatings market in 2022.

Based on technology, the Middle East & Africa polyurea coatings market is segmented into spraying, pouring, and hand mixing. The spraying segment held the largest share of the Middle East & Africa polyurea coatings market in 2022.

Based on application, the Middle East & Africa polyurea coatings market is segmented into building and construction, transportation, industrial application and others. The building and construction segment held the largest share of the Middle East & Africa polyurea coatings market in 2022.

Based on country, the Middle East & Africa polyurea coatings market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the share of the Middle East & Africa polyurea coatings market in 2022.

BASF SE; Fosroc Inc; Huntsman International LLC; Nukote Coating Systems International LLC; PPG Industries Inc; Sika AG; The Sherwin-Williams Co; and VIP Coatings International GmbH & Co KG are the leading companies operating in the Middle East & Africa polyurea coatings market.
1. INTRODUCTION

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Polyurea Coatings Market – By Raw Material
1.3.2 Middle East & Africa Polyurea Coatings Market – By Type
1.3.3 Middle East & Africa Polyurea Coatings Market – Technology
1.3.4 Middle East & Africa Polyurea Coatings Market – Application
1.3.5 Middle East & Africa Polyurea Coatings Market – By Country

2. KEY TAKEAWAYS


3. RESEARCH METHODOLOGY

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET LANDSCAPE

4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 The Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis : Middle East & Africa Polyurea Coatings Market
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End-Use Industry:
4.4 Expert Opinions

5. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET – KEY INDUSTRY DYNAMICS

5.1 Market Drivers
5.1.1 Increase in Building and Construction Activities
5.1.2 Superiority of Middle East & Africa Polyurea Coatings Market Over Epoxy and Polyurethane Coatings
5.2 Market Restraints
5.2.1 High Price and Toxic Raw Material
5.3 Market Opportunities
5.3.1 Growing Infrastructure Advancement Activities in Various Economies
5.4 Future Trends
5.4.1 Technological Advancements and Strategic Activities
5.5 Impact Analysis of Drivers and Restraints

6. POLYUREA COATINGS MARKET – MIDDLE EAST & AFRICA MARKET ANALYSIS

6.1 Middle East & Africa Polyurea Coatings Market Overview
6.2 Middle East & Africa Polyurea Coatings Market Forecast and Analysis

7. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET ANALYSIS – BY RAW MATERIAL

7.1 Overview
7.2 Middle East & Africa Polyurea Coatings Market, By Raw Material (2021 and 2028)
7.3 Aliphatic Polyurea
7.3.1 Overview
7.3.2 Aliphatic Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 Aromatic Polyurea
7.3.4 Overview
7.3.5 Aromatic Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)

8. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET ANALYSIS – BY TYPE

8.1 Overview
8.2 Middle East & Africa Polyurea Coatings Market, By Type (2021 and 2028)
8.3 Pure Polyurea
8.3.1 Overview
8.3.2 Pure Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
8.3.3 Pure Polyurea: Middle East & Africa Polyurea Coatings Market – Volume and Forecast to 2028 (Gallons)
8.4 Hybrid Polyurea
8.4.1 Overview
8.4.2 Hybrid Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
8.4.3 Hybrid Polyurea: Middle East & Africa Polyurea Coatings Market – Volume and Forecast to 2028 (Gallons)

9. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET ANALYSIS – TECHNOLOGY

9.1 Overview
9.2 Middle East & Africa Polyurea Coatings Market, By Technology (2021 and 2028)
9.3 Spraying
9.3.1 Overview
9.3.2 Spraying: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pouring
9.4.1 Overview
9.4.2 Pouring: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Hand Mixing
9.5.1 Overview
9.5.2 Hand Mixing: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)

10. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET ANALYSIS – APPLICATION

10.1 Overview
10.2 Middle East & Africa Polyurea Coatings Market, By Application (2021 and 2028)
10.3 Building and Construction
10.3.1 Overview
10.3.2 Building and Construction: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Transportation
10.4.1 Overview
10.4.2 Transportation: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Industrial Applications
10.5.1 Overview
10.5.2 Industrial Applications: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast to 2028 (US$ Million)

11. MIDDLE EAST & AFRICA POLYUREA COATINGS MARKET – COUNTRY ANALYSIS

11.1 Overview
11.1.1 Middle East & Africa Polyurea Coatings Market, by Key Country
11.1.1.1 South Africa: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.2 South Africa: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
11.1.1.2.1 South Africa: Middle East & Africa Polyurea Coatings Market, by Raw Material
11.1.1.2.2 South Africa: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.2.3 South Africa: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.2.4 South Africa: Middle East & Africa Polyurea Coatings Market, by Technology
11.1.1.2.5 South Africa: Middle East & Africa Polyurea Coatings Market, by Application
11.1.1.3 Saudi Arabia: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.4 Saudi Arabia: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
11.1.1.4.1 Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Raw Material
11.1.1.4.2 Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.4.3 Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.4.4 Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Technology
11.1.1.4.5 Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Application
11.1.1.5 UAE: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.6 UAE: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
11.1.1.6.1 UAE: Middle East & Africa Polyurea Coatings Market, by Raw Material
11.1.1.6.2 UAE: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.6.3 UAE: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.6.4 UAE: Middle East & Africa Polyurea Coatings Market, by Technology
11.1.1.6.5 UAE: Middle East & Africa Polyurea Coatings Market, by Application
11.1.1.7 Rest of MEA: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.8 Rest of MEA: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
11.1.1.8.1 Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Raw Material
11.1.1.8.2 Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.8.3 Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Type
11.1.1.8.4 Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Technology
11.1.1.8.5 Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Application

12. INDUSTRY LANDSCAPE

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. COMPANY PROFILES

13.1 BASF SE
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 PPG Industries Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Sika AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fosroc Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 The Sherwin-Williams Co
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 VIP Coatings International GmbH & Co KG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nukote Coating Systems International LLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Huntsman International LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments

14. APPENDIX

14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES

Table 1. Middle East & Africa Polyurea Coatings Market Revenue Forecast to 2028 (US$ Mn)
Table 2. South Africa: Middle East & Africa Polyurea Coatings Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Middle East & Africa Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Middle East & Africa Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 5. South Africa: Middle East & Africa Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa: Middle East & Africa Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 10. Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 11. Saudi Arabia: Middle East & Africa Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Middle East & Africa Polyurea Coatings Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Middle East & Africa Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE: Middle East & Africa Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 15. UAE: Middle East & Africa Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 16. UAE: Middle East & Africa Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Raw Material – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Type – Volume and Forecast to 2028 (Gallons)
Table 20. Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Technology – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of MEA: Middle East & Africa Polyurea Coatings Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Glossary of Terms, Middle East & Africa Polyurea Coatings Market

LIST OF FIGURES

Figure 1. Middle East & Africa Polyurea Coatings Market Segmentation
Figure 2. Middle East & Africa Polyurea Coatings Market Segmentation – By Country
Figure 3. Middle East & Africa Polyurea Coatings Market Overview
Figure 4. Hybrid Polyurea segment holds the largest share
Figure 5. The Rest of Middle East & Africa Held Largest Share of Middle East & Africa Polyurea Coatings Market in 2021
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Middle East & Africa Polyurea Coatings Market: Impact Analysis of Drivers and Restraints
Figure 9. Middle East & Africa Polyurea Coatings Market Forecast and Analysis, 2020–2028 (US$ Mn)
Figure 10. Middle East & Africa Polyurea Coatings Market Revenue Share, By Raw Material (2021 and 2028)
Figure 11. Aliphatic Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. Aromatic Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Middle East & Africa Polyurea Coatings Market Revenue Share, By Type (2021 and 2028)
Figure 14. Pure Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Pure Polyurea: Middle East & Africa Polyurea Coatings Market – Volume and Forecast To 2028 (Gallons)
Figure 16. Hybrid Polyurea: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Hybrid Polyurea: Middle East & Africa Polyurea Coatings Market – Volume and Forecast To 2028 (Gallons)
Figure 18. Middle East & Africa Polyurea Coatings Market Revenue Share, By Technology (2021 and 2028)
Figure 19. Spraying: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Pouring: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Hand Mixing: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Middle East & Africa Polyurea Coatings Market Revenue Share, By Application (2021 and 2028)
Figure 23. Building and Construction: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Transportation: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Industrial Applications: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Others: Middle East & Africa Polyurea Coatings Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Middle East & Africa Polyurea Coatings Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. Middle East & Africa Polyurea Coatings Market Revenue Share, by Key Country (2021 and 2028)
Figure 29. South Africa: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Africa: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
Figure 31. Saudi Arabia: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Saudi Arabia: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
Figure 33. UAE: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. UAE: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)
Figure 35. Rest of MEA: Middle East & Africa Polyurea Coatings Market –Revenue and Forecast to 2028 (US$ Million)
Figure 36. Rest of MEA: Middle East & Africa Polyurea Coatings Market –Volume and Forecast to 2028 (Gallons)


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