Polyaspartic Coatings Market by Type, Systems, End-use Industry, Region - Global Forecast to 2025
iCrowd Newswire
According to the new market research report
by Type (100% Solids Polyaspartic, Hybrid Polyaspartic), Systems (Quartz, Metallic), End-use Industry (Building & Construction, Transportation, Industrial, Power Generation, Landscape), & Region - Global Forecast to 2025 , The polyaspartic coatings market is estimated at USD 329 million in 2020 and is projected to reach USD 388 million by 2025, at a CAGR of 3.4% between 2020 and 2025. The polyaspartic coatings market is expected to decline by 10.3% in 2020, in terms of value which are majorly affected by the lockdown measures, supply chain disruptions, increasing unemployment and the decreasing public spending. The rapid curing time and better properties of polyaspartic coatings compared to convention coatings are expected to drive the market.