Table of Content

1 INTRODUCTION 25
1.1 OBJECTIVES OF THE STUDY 25
1.2 MARKET DEFINITION 25
1.2.1 INCLUSIONS AND EXCLUSIONS 26
TABLE 1 END-USE INDUSTRIES CONSIDERED IN THE REPORT 26
1.3 MARKET SCOPE 27
1.3.1 REGIONS COVERED 27
1.3.2 YEARS CONSIDERED FOR THE STUDY 28
1.4 CURRENCY 28
1.5 UNITS CONSIDERED 28
1.6 LIMITATIONS 28
1.7 STAKEHOLDERS 29
1.8 SUMMARY OF CHANGES 29

2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 1 POLYASPARTIC COATINGS MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY DATA 31
2.1.1.1 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
2.1.2.1 Key data from primary sources 32
2.1.2.2 Key industry insights 33
2.1.2.3 Breakdown of primary interviews 33
2.2 MARKET SIZE ESTIMATION 34
2.2.1 SUPPLY SIDE MARKET SIZE ESTIMATION - APPROACH 1 34
FIGURE 2 MARKET SIZE ESTIMATION BASED ON COVESTRO’S RAW MATERIAL 35
2.2.2 SUPPLY SIDE MARKET SIZE ESTIMATION - APPROACH 2 35
FIGURE 3 MARKET SIZE ESTIMATION BASED ON PPG INDUSTRIES’ MARKET SHARE AND REVENUE 36
2.3 DATA TRIANGULATION 37
FIGURE 4 POLYASPARTIC COATINGS MARKET: DATA TRIANGULATION 37
2.4 ASSUMPTIONS 38

3 EXECUTIVE SUMMARY 39
FIGURE 5 100% SOLIDS POLYASPARTIC DOMINATED OVERALL MARKET IN 2019 39
FIGURE 6 WIND POWER GENERATION TO BE FASTEST-GROWING END USER OF POLYASPARTIC COATINGS 40
FIGURE 7 APAC TO BE FASTEST-GROWING POLYASPARTIC COATINGS MARKET 41

4 PREMIUM INSIGHTS 42
4.1 ATTRACTIVE OPPORTUNITIES IN THE POLYASPARTIC COATINGS MARKET 42
FIGURE 8 WIND POWER GENERATION TO DRIVE DEMAND FOR POLYASPARTIC COATINGS 42
4.2 APAC POLYASPARTIC COATINGS MARKET, BY TYPE AND COUNTRY 43
FIGURE 9 HYBRID POLYASPARTIC SEGMENT ACCOUNTED FOR LARGER SHARE IN APAC 43
4.3 POLYASPARTIC COATINGS MARKET, BY TYPE 43
FIGURE 10 100% SOLIDS POLYASPARTIC SEGMENT TO REGISTER HIGHER CAGR 43
4.4 POLYASPARTIC COATINGS MARKET, BY SYSTEM 44
FIGURE 11 QUARTZ SEGMENT TO GROW FASTER DURING THE FORECAST PERIOD 44
4.5 POLYASPARTIC COATINGS MARKET, BY END-USE INDUSTRY 44
FIGURE 12 WIND POWER GENERATION TO BE FASTEST-GROWING SEGMENT
(2020–2025) 44
4.6 POLYASPARTIC COATINGS MARKET, BY REGION 45
FIGURE 13 INDONESIA TO BE FASTEST-GROWING MARKET FOR POLYASPARTIC COATINGS 45

5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
FIGURE 14 OVERVIEW OF FACTORS GOVERNING THE POLYASPARTIC COATINGS MARKET 46
5.2.1 DRIVERS 47
5.2.1.1 Higher efficiency compared to conventional coating technology 47
5.2.1.2 Increased productivity and safe application 47
5.2.1.3 Customizable options available for esthetic value 47
5.2.1.4 Fast cure property of polyaspartic coatings enhances the energy saving and CO2 emission reduction 48
5.2.2 RESTRAINTS 48
5.2.2.1 Higher cost compared to conventional coatings 48
5.2.3 OPPORTUNITIES 48
5.2.3.1 Emerging application areas of polyaspartic coatings 48
5.2.3.2 Growing opportunities in emerging economies 48
5.2.4 CHALLENGES 49
5.2.4.1 Limited awareness about polyaspartic coatings 49
5.2.4.2 Availability of other established coating technologies 49
5.3 PORTER’S FIVE FORCES ANALYSIS 49
FIGURE 15 POLYASPARTIC COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS 50
5.3.1 THREAT OF SUBSTITUTES 50
5.3.2 THREAT OF NEW ENTRANTS 51
5.3.3 BARGAINING POWER OF SUPPLIERS 51
5.3.4 BARGAINING POWER OF BUYERS 51
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 51
?
5.4 YC, YCC SHIFT 52
FIGURE 16 GROWING OFFSHORE WIND ENERGY AND THE INCREASING DEMAND FOR LOW VOC COATINGS WILL BRING IN CHANGE IN FUTURE REVENUE MIX! 52
TABLE 2 GROWING GREEN CONSTRUCTION AND INCREASING EMPHASIS ON RENEWABLE ENERGY TO BRING CHANGE IN FUTURE REVENUE MIX 52
5.5 ECOSYSTEM 53
FIGURE 17 ECOSYSTEM OF PAINTS AND COATINGS MARKET 53
FIGURE 18 EXTENSION OF POLYASPARTIC COATINGS MARKET 54
5.6 REGULATORY LANDSCAPE 55
TABLE 3 REGULATORY LANDSCAPE ON REGION/COUNTRY WISE 55
5.7 SUPPLY CHAIN ANALYSIS 56
FIGURE 19 SUPPLY CHAIN OF POLYASPARTIC COATINGS 56
TABLE 4 LIST OF COMPANIES ACROSS THE SUPPLY CHAIN 56
5.8 TECHNOLOGY ANALYSIS 57
TABLE 5 POLYASPARTIC VS EPOXY VS POLYURETHANE VS METHYL METHACRYLATE 58
5.9 AVERAGE PRICE ANALYSIS 59
FIGURE 20 AVERAGE PRICE ANALYSIS OF POLYASPARTIC COATINGS, BY REGION 59
5.10 PATENT ANALYSIS 60
FIGURE 21 NUMBER OF PATENTS GRANTED FROM 2009 TO JULY 2020 60
TABLE 6 LIST OF PLAYERS AND NUMBER OF GRANTED PATENTS 60
TABLE 7 LIST OF JURISDICTION AND GRANTED PATENTS 61
5.11 COVID-19 IMPACT ANALYSIS 61
FIGURE 22 REVISED GDP FORECASTS OF SELECT G20 COUNTRIES IN 2020 61
FIGURE 23 PRE-COVID AND POST-COVID ANALYSIS 62
5.12 FACTORS IMPACTING THE MARKET GROWTH 63
5.13 MACROECONOMIC OVERVIEW 63
5.13.1 GLOBAL GDP OUTLOOK 63
FIGURE 24 GOVERNMENT FISCAL BALANCES RELATIVE TO GDP 64
TABLE 8 WORLD GDP GROWTH PROJECTION 65
FIGURE 25 NEW INVESTMENTS IN WIND ENERGY (USD BILLION) 66
TABLE 9 OFFSHORE WIND ELECTRICITY GENERATION (GWH), BY COUNTRY 66

6 POLYASPARTIC COATINGS MARKET, BY TYPE 67
6.1 INTRODUCTION 68
FIGURE 26 100% SOLID POLYASPARTIC ACCOUNTED FOR LARGER SHARE IN 2019 68
TABLE 10 POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 68
TABLE 11 POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION) 68
6.2 100% SOLIDS POLYASPARTIC 69
6.2.1 SHORT CURING AND LONG POT LIFE TO DRIVE DEMAND FOR 100% SOLID POLYASPARTIC COATINGS 69
TABLE 12 100% SOLIDS POLYASPARTIC MARKET SIZE, BY REGION, 2018-2025 (THOUSAND LITERS) 69
TABLE 13 100% SOLIDS POLYASPARTIC MARKET SIZE, BY REGION, 2018-2025 (USD MILLION) 69
6.3 HYBRID POLYASPARTIC 70
6.3.1 LESSER PRICE AND BETTER PROPERTIES THAN CONVENTIONAL COATINGS TO DRIVE HYBRID POLYASPARTICS 70
TABLE 14 HYBRID POLYASPARTIC MARKET SIZE, BY REGION, 2018-2025 (THOUSAND LITERS) 70
TABLE 15 HYBRID POLYASPARTIC MARKET SIZE, BY REGION, 2018-2025 (USD MILLION) 70

7 POLYASPARTIC COATINGS MARKET, BY SYSTEM 71
7.1 INTRODUCTION 72
FIGURE 27 QUARTZ HAD THE LARGER SHARE IN 2019 72
TABLE 16 POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM, 2018–2025 (THOUSAND LITERS) 72
TABLE 17 POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM, 2018–2025 (USD MILLION) 72
7.2 QUARTZ 73
7.2.1 INCREASING USE IN RESIDENTIAL AND COMMERCIAL BUILDINGS TO FUEL DEMAND FOR POLYASPARTIC QUARTZ SYSTEM 73
TABLE 18 QUARTZ COATING SYSTEMS MARKET SIZE, BY REGION, 2018–2025 (THOUSAND LITERS) 73
TABLE 19 QUARTZ COATING SYSTEMS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 74
7.3 METALLIC 74
7.3.1 INCREASING USE IN BRIDGE CONSTRUCTION AND OEM COATINGS TO DRIVE POLYASPARTIC METALLIC SYSTEM 74
TABLE 20 METALLIC COATING SYSTEMS MARKET SIZE, BY REGION, 2018–2025 (THOUSAND LITERS) 74
TABLE 21 METALLIC COATING SYSTEMS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 75

8 POLYASPARTIC COATINGS MARKET, BY END-USE INDUSTRY 76
8.1 INTRODUCTION 77
FIGURE 28 BUILDING & CONSTRUCTION ACCOUNTED FOR LARGEST SHARE IN 2019 77
TABLE 22 POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 77
TABLE 23 POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 78
8.2 BUILDING & CONSTRUCTION 78
8.2.1 INCREASING DEMAND FOR WEATHER-RESISTANT COATING TO DRIVE THE MARKET IN BUILDING & CONSTRUCTION 78
8.2.2 IMPACT OF MEGATRENDS ON BUILDING & CONSTRUCTION SEGMENT 79
TABLE 24 POLYASPARTIC COATINGS MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2018-2025 (THOUSAND LITERS) 80
TABLE 25 POLYASPARTIC COATINGS MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2018-2025 (USD MILLION) 80
8.3 TRANSPORTATION 80
8.3.1 POLYASPARTIC-BASED SYSTEMS OFFER SUBSTANTIAL SAVINGS IN CYCLE TIMES AND ENERGY CONSUMPTION 80
8.3.2 IMPACT OF MEGATRENDS ON TRANSPORTATION SEGMENT 81
TABLE 26 POLYASPARTIC COATINGS MARKET SIZE IN TRANSPORTATION, BY REGION, 2018-2025 (THOUSAND LITERS) 81
TABLE 27 POLYASPARTIC COATINGS MARKET SIZE IN TRANSPORTATION, BY REGION, 2018-2025 (USD MILLION) 82
8.4 INDUSTRIAL 82
8.4.1 INCREASED PRODUCTIVITY AND COST EFFICIENCY TO DRIVE THE MARKET IN INDUSTRIAL SECTOR 82
8.4.2 IMPACT OF MEGATRENDS ON INDUSTRIAL SEGMENT 83
TABLE 28 POLYASPARTIC COATINGS MARKET SIZE IN INDUSTRIAL, BY REGION, 2018-2025 (THOUSAND LITERS) 83
TABLE 29 POLYASPARTIC COATINGS MARKET SIZE IN INDUSTRIAL, BY REGION, 2018-2025 (USD MILLION) 83
8.5 WIND POWER GENERATION 84
8.5.1 FAST CURING, UV RESISTANCE, AND LONG-TERM PROTECTION PROPERTIES TO BOOST THE MARKET 84
8.5.2 IMPACT OF MEGATRENDS ON WIND POWER GENERATION SEGMENT 84
TABLE 30 POLYASPARTIC COATINGS MARKET SIZE IN WIND POWER GENERATION, BY REGION, 2018-2025 (THOUSAND LITERS) 85
TABLE 31 POLYASPARTIC COATINGS MARKET SIZE IN WIND POWER GENERATION, BY REGION, 2018-2025 (USD MILLION) 85
8.6 LANDSCAPE 85
8.6.1 ABILITY TO REDUCE MAINTENANCE CYCLES TO DRIVE CONSUMPTION OF POLYASPARTIC COATINGS 85
TABLE 32 POLYASPARTIC COATINGS MARKET SIZE IN LANDSCAPE, BY REGION, 2018-2025 (THOUSAND LITERS) 86
TABLE 33 POLYASPARTIC COATINGS MARKET SIZE IN LANDSCAPE, BY REGION, 2018-2025 (USD MILLION) 86

9 POLYASPARTIC COATINGS MARKET, BY REGION 87
9.1 INTRODUCTION 88
FIGURE 29 CHINA TO BE FASTEST-GROWING POLYASPARTIC COATINGS MARKET 88
TABLE 34 POLYASPARTIC COATINGS MARKET SIZE, BY REGION, 2018-2025 (THOUSAND LITERS) 89
TABLE 35 POLYASPARTIC COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 89
9.2 NORTH AMERICA 89
FIGURE 30 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SNAPSHOT 90
TABLE 36 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (THOUSAND LITERS) 90
TABLE 37 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION) 91
TABLE 38 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 91
TABLE 39 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION) 91
TABLE 40 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM, 2018-2025 (THOUSAND LITERS) 91
TABLE 41 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM, 2018-2025 (USD MILLION) 92
TABLE 42 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 92
TABLE 43 NORTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 92
9.2.1 US 93
9.2.1.1 Growing construction industry to drive the market 93
TABLE 44 US: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 94
TABLE 45 US: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 94
TABLE 46 US: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (THOUSAND LITERS) 94
TABLE 47 US: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 94
9.2.2 CANADA 95
9.2.2.1 Increasing focus on oil & gas export spurring demand for polyaspartic coatings 95
TABLE 48 CANADA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 95
TABLE 49 CANADA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 95
TABLE 50 CANADA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 96
TABLE 51 CANADA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 96
9.2.3 MEXICO 96
9.2.3.1 Weakening economy leading to slow growth of polyaspartic coatings 96
TABLE 52 MEXICO: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 97
TABLE 53 MEXICO: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025
(USD MILLION) 97
TABLE 54 MEXICO: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 97
TABLE 55 MEXICO: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 97
9.3 APAC 98
FIGURE 31 APAC: POLYASPARTIC COATINGS MARKET SNAPSHOT 99
TABLE 56 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY,
2018-2025 (THOUSAND LITERS) 100
TABLE 57 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY,
2018-2025 (USD MILLION) 100
TABLE 58 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE
2018-2025 (THOUSAND LITERS) 100
TABLE 59 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 100
TABLE 60 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM,
2018-2025 (THOUSAND LITERS) 101
TABLE 61 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM,
2018-2025 (USD MILLION) 101
TABLE 62 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 101
TABLE 63 APAC: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 101
9.3.1 CHINA 102
9.3.1.1 Increasing offshore wind sector and stricter VOC regulations to drive the market 102
TABLE 64 CHINA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 102
TABLE 65 CHINA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 103
TABLE 66 CHINA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 103
TABLE 67 CHINA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 103
9.3.2 AUSTRALIA 103
9.3.2.1 Increased capital investment in public and private construction driving the market 103
TABLE 68 AUSTRALIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 104
TABLE 69 AUSTRALIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 104
TABLE 70 AUSTRALIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 105
TABLE 71 AUSTRALIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 105
9.3.3 MALAYSIA 105
9.3.3.1 Growing infrastructure projects to drive demand for polyaspartic coatings 105
TABLE 72 MALAYSIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 106
TABLE 73 MALAYSIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 106
TABLE 74 MALAYSIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 106
TABLE 75 MALAYSIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 106
9.3.4 INDONESIA 107
9.3.4.1 Government reforms on tax and investments in infrastructure to drive the market 107
TABLE 76 INDONESIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 107
TABLE 77 INDONESIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 108
TABLE 78 INDONESIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 108
TABLE 79 INDONESIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 108
9.3.5 REST OF APAC 109
TABLE 80 REST OF APAC: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 109
TABLE 81 REST OF APAC: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 109
TABLE 82 REST OF APAC: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 110
TABLE 83 REST OF APAC: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 110
9.4 EUROPE 110
TABLE 84 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY,
2018-2025 (THOUSAND LITERS) 111
TABLE 85 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY,
2018-2025 (USD MILLION) 111
TABLE 86 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 111
TABLE 87 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 112
TABLE 88 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM,
2018-2025 (THOUSAND LITERS) 112
TABLE 89 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM,
2018-2025 (USD MILLION) 112
TABLE 90 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 112
TABLE 91 EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 113
9.4.1 GERMANY 113
9.4.1.1 Increasing investment in infrastructure and growing residential construction to drive the demand 113
TABLE 92 GERMANY: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 114
TABLE 93 GERMANY: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 114
TABLE 94 GERMANY: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 115
TABLE 95 GERMANY: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 115
9.4.2 UK 115
9.4.2.1 High growth of offshore wind energy sector to fuel the demand for polyaspartic coatings 115
TABLE 96 UK: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 116
TABLE 97 UK: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 116
TABLE 98 UK: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (THOUSAND LITERS) 117
TABLE 99 UK: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 117
9.4.3 FRANCE 117
9.4.3.1 Increasing construction activities contributing to market growth 117
TABLE 100 FRANCE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 118
TABLE 101 FRANCE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 118
TABLE 102 FRANCE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 118
TABLE 103 FRANCE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 119
9.4.4 RUSSIA 119
9.4.4.1 Increasing investment in industrial and railway infrastructure boosting the market 119
TABLE 104 RUSSIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 120
TABLE 105 RUSSIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 120
TABLE 106 RUSSIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 120
TABLE 107 RUSSIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 120
9.4.5 SPAIN 121
9.4.5.1 Construction sector to be driver of polyaspartic coatings market in Spain 121
TABLE 108 SPAIN: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 121
TABLE 109 SPAIN: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 121
TABLE 110 SPAIN: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 122
TABLE 111 SPAIN: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 122
9.4.6 REST OF EUROPE 122
TABLE 112 REST OF EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 123
TABLE 113 REST OF EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 123
TABLE 114 REST OF EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 123
TABLE 115 REST OF EUROPE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 124
9.5 MIDDLE EAST & AFRICA 124
TABLE 116 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE,
BY COUNTRY, 2018-2025 (THOUSAND LITERS) 124
TABLE 117 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE,
BY COUNTRY, 2018-2025 (USD MILLION) 125
TABLE 118 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 125
TABLE 119 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION) 125
TABLE 120 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE,
BY SYSTEM, 2018-2025 (THOUSAND LITERS) 125
TABLE 121 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE,
BY SYSTEM, 2018-2025 (USD MILLION) 126
TABLE 122 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 126
TABLE 123 MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE,
BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 126
9.5.1 SAUDI ARABIA 127
9.5.1.1 Government efforts to develop infrastructure and energy industries to drive the market 127
TABLE 124 SAUDI ARABIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 127
TABLE 125 SAUDI ARABIA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 127
TABLE 126 SAUDI ARABIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 128
TABLE 127 SAUDI ARABIA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 128
9.5.2 UAE 128
9.5.2.1 Government’s public-private partnerships policy spurring demand for polyaspartic coatings 128
TABLE 128 UAE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 129
TABLE 129 UAE: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 129
TABLE 130 UAE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (THOUSAND LITERS) 129
TABLE 131 UAE: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY,
2018-2025 (USD MILLION) 129
9.5.3 SOUTH AFRICA 130
9.5.3.1 Growing wind energy to drive demand for polyaspartic coating 130
TABLE 132 SOUTH AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 130
TABLE 133 SOUTH AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 130
TABLE 134 SOUTH AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 131
TABLE 135 SOUTH AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 131
9.5.4 REST OF MIDDLE EAST & AFRICA 131
TABLE 136 REST OF MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 131
TABLE 137 REST OF MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION) 132
TABLE 138 REST OF MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 132
TABLE 139 REST OF MIDDLE EAST & AFRICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 132
9.6 SOUTH AMERICA 133
TABLE 140 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (THOUSAND LITERS) 133
TABLE 141 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION) 133
TABLE 142 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 133
TABLE 143 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 134
TABLE 144 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM, 2018-2025 (THOUSAND LITERS) 134
TABLE 145 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY SYSTEM, 2018-2025 (USD MILLION) 134
TABLE 146 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 135
TABLE 147 SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 135
9.6.1 BRAZIL 135
9.6.1.1 Government efforts to develop infrastructure and energy sector to drive the market 135
TABLE 148 BRAZIL: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE, 2018-2025 (THOUSAND LITERS) 136
TABLE 149 BRAZIL: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 136
TABLE 150 BRAZIL: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 136
TABLE 151 BRAZIL: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 137
9.6.2 ARGENTINA 137
9.6.2.1 Public-private partnerships fueling demand for polyaspartic coatings 137
TABLE 152 ARGENTINA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (THOUSAND LITERS) 137
TABLE 153 ARGENTINA: POLYASPARTIC COATINGS MARKET SIZE, BY TYPE,
2018-2025 (USD MILLION) 138
TABLE 154 ARGENTINA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 138
TABLE 155 ARGENTINA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 138
9.6.3 REST OF SOUTH AMERICA 139
TABLE 156 REST OF SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE,
BY TYPE, 2018-2025 (THOUSAND LITERS) 139
TABLE 157 REST OF SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE,
BY TYPE, 2018-2025 (USD MILLION) 139
TABLE 158 REST OF SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (THOUSAND LITERS) 139
TABLE 159 REST OF SOUTH AMERICA: POLYASPARTIC COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION) 140
10 COMPETITIVE LANDSCAPE 141
10.1 INTRODUCTION 141
FIGURE 32 COMPANIES MAINLY ADOPTED EXPANSION AS GROWTH STRATEGY BETWEEN 2017 AND 2020 141
10.2 COMPETITIVE SCENARIO 142
10.2.1 EXPANSION 142
10.2.2 MERGER & ACQUISITION 142
10.2.3 NEW PRODUCT LAUNCH 143
10.3 COMPANY EVALUATION MATRIX 143
10.3.1 STAR 143
10.3.2 EMERGING LEADERS 143
10.3.3 PERVASIVE 143
10.3.4 PARTICIPANT 143
FIGURE 33 COMPANY EVALUATION MATRIX, 2019 144
10.4 MARKET SHARE ANALYSIS 145
FIGURE 34 GLOBAL MARKET SHARE OF POLYASPARTIC COATINGS MANUFACTURERS (2019) 145
FIGURE 35 MARKET SHARE OF MANUFACTURES IN TOP 3 REGIONS (2019) 145
FIGURE 36 TOP RAW MATERIAL PROVIDER IN THE POLYASPARTIC COATINGS MARKET (2019) 146
TABLE 160 STRATEGIC POSITIONING OF KEY PLAYERS 146
11 COMPANY PROFILES 148
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 THE SHERWIN-WILLIAMS COMPANY 148
FIGURE 37 THE SHERWIN-WILLIAMS COMPANY: COMPANY SNAPSHOT 148
11.2 PPG INDUSTRIES 151
FIGURE 38 PPG INDUSTRIES: COMPANY SNAPSHOT 151
11.3 AKZONOBEL 154
FIGURE 39 AKZONOBEL: COMPANY SNAPSHOT 154
11.4 BASF SE 157
FIGURE 40 BASF SE: COMPANY SNAPSHOT 157
11.5 HEMPEL 159
FIGURE 41 HEMPEL: COMPANY SNAPSHOT 159
11.6 SIKA AG 161
FIGURE 42 SIKA AG: COMPANY SNAPSHOT 161
11.7 CARBOLINE 163
11.8 RUST-OLEUM 164
11.9 LATICRETE INTERNATIONAL 165
11.10 FEIYANG PROTECH 166
11.11 OTHER KEY PLAYERS 167
11.11.1 INDMAR COATINGS 167
11.11.2 SATYEN POLYMERS 167
11.11.3 VIP COATINGS SOLUTIONS 167
11.11.4 FLEXMAR POLYASPARTICS 167
11.11.5 PROKEM SPECIALITY CHEMICALS 167
11.11.6 RHINO LINING CORPORATION 167
11.11.7 US COATINGS 168
11.11.8 POLYSET 168
11.11.9 IRON MAN COATING 168
11.11.10 LIFETIME FLOORING SYSTEMS 168
11.11.11 ADVANTAGE CHEMICAL COATINGS 168
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

12 APPENDIX 169
12.1 DISCUSSION GUIDE 169
12.2 KNOWLEDGE STORE 172
12.3 RELATED REPORTS 174
12.4 AUTHOR DETAILS 175