Sika (VTX: SIK) (SWX: SIKA) (LSE: 0Z4C) is a specialty chemicals company that focuses on the development and production of systems and products for bonding, sealing, damping, reinforcing, and protection in the building and automotive industry. Its products include concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring, as well as roofing and waterproofing systems. The company was founded in 1910 and is based in Baar, Switzerland.
Sika has filed 859 patents.
V8SuperTourer drivers, Organic chemistry, Polymers, Organic reactions, Reagents for organic chemistry
V8SuperTourer drivers, Organic chemistry, Polymers, Organic reactions, Reagents for organic chemistry
Latest Sika News
Feb 21, 2024
| Sika AG, Teknos Group News Provided By Share This Article Polyurea Coatings Market Polyurea coatings market was valued at $0.7 billion in 2022, and is projected to reach $1.2 billion by 2032, growing at a CAGR of 4.8% from 2023 to 2032 WILMINGTON, DELAWARE , UNITED STATES, February 21, 2024 / EINPresswire.com / -- According to the report, the global polyurea coatings market was valued at $744 million in 2022, and is projected to reach $1.2 billion by 2032, growing at a CAGR of 4.8% from 2023 to 2032. Allied Market Research published a report, titled, “Polyurea Coating Market by Raw Material Type (Aliphatic Isocyanate and Aromatic Isocyanate), Polyurea Type (Pure Polyurea Coatings and Hybrid Polyurea Coatings), Technology (Spraying, Pouring, and Hand Mixing), End-use Industry (Construction, Transportation, Industrial, Landscape, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032.” Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A62425 Prime determinants of growth The global polyurea coating market is expected to possess high growth potential in the coming years, due to increase in construction activities and surge in demand for polyurea coatings in various end-use sectors including transportation, automotive, aerospace, and marine. Moreover, increase in use of these coatings in medical facilities drives the market growth. However, the fluctuating price of raw materials and health hazards released from toxic fumes hamper the market growth. On the contrary, technological advancements in the manufacturing of polyurea coatings are expected to provide lucrative opportunities for the expansion of the global polyurea coatings in the coming future. Players: - The Sherwin-Williams Company The report provides a detailed analysis of these key players in the global polyurea coating market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. The polyurea coating market is segmented on the basis of raw material type, polyurea type, technology, end-use industry, and region. By raw material type, the market is bifurcated into aliphatic isocyanate and aromatic isocyanate. On the basis of polyurea type, it is categorized into pure polyurea coatings and hybrid polyurea coatings. Depending on technology, the market is divided into spraying, pouring, and hand mixing. On the basis of end-use industry, it is categorized into building and construction, transportation, industrial, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/A62425 Impact of the Russia–Ukraine War on the Polyurea Coating Market Geopolitical conflicts pose multifaceted challenges for the polyurea coatings industry. Disruptions in the raw material supply chain, particularly from conflict-affected regions, may lead to supply shortages and increased costs, impacting the overall manufacturing expenses and pricing of polyurea coatings. The global economy's instability due to geopolitical tensions could decrease consumer confidence and deter investments, potentially resulting in a decline in demand for infrastructure projects—key markets for polyurea coatings. Logistics and shipping delays arising from conflicts may impede timely delivery to end customers, affecting project timelines and construction schedules. As polyurea coatings have strong ties to industries such as construction, automotive, and oil & gas, any slowdown or interruption in these sectors due to geopolitical tensions can further influence the overall demand for coatings. Currency exchange rate fluctuations, a consequence of geopolitical events, may further affect the cost of imported raw materials, impacting the competitiveness of polyurea coatings in the international market. The aliphatic isocyanate segment is expected to grow faster throughout the forecast period. Based on the raw material type, the aliphatic isocyanate segment held the highest market share in 2022, accounting for more than half of the global polyurea coating market revenue and is likely to retain its dominance throughout the forecast period. This can be attributed to its outstanding UV stability, weather resistance, and color retention features. These qualities make it well-suited for outdoor applications, delivering durable protection against environmental elements, which is essential for industries like construction, automotive, and infrastructure. The pure polyurea coatings segment is expected to lead the trial by 2032. Based on the polyurea type, the pure polyurea coatings segment held the highest market share in 2022, accounting for around half of the global polyurea coating market revenue and is likely to retain its dominance throughout the forecast period. This can be attributed to the versatility, quick curing, and effortless application of pure polyurea coatings. Their capacity to create a resilient, flexible, and chemical-resistant protective layer on diverse surfaces positions them as the favored option in industries such as construction, manufacturing, and automotive. However, the hybrid polyurea coatings segment is projected to manifest the highest CAGR of 4.9% from 2023 to 2032. This can be attributed to their unique combination of polyurea and polyurethane properties. This results in enhanced flexibility, abrasion resistance, and prolonged durability, making them increasingly favored for diverse applications, including industrial and commercial coatings. Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/polyurea-coatings-market/purchase-options The spraying is expected to grow faster throughout the forecast period. Based on the technology, the spraying segment held the highest market share in 2022, accounting for more than half of the global polyurea coating market revenue and is likely to retain its dominance throughout the forecast period. This can be attributed to its efficiency and versatility. This method enables fast and uniform application across diverse surfaces, ensuring seamless protection. The simplicity of spraying supports large-scale projects, making it the preferred option in industries like construction, infrastructure, and manufacturing for its cost-effectiveness and time-saving. The industrial is expected to grow faster throughout the forecast period. Based on the end-use industry, the building and construction segment held the highest market share in 2022, accounting for nearly two-fifths of the global polyurea coating market revenue and is likely to retain its dominance throughout the forecast period. This can be attributed due to the outstanding protective attributes of polyurea coatings. These coatings offer crucial features such as durability, chemical resistance, and waterproofing, playing a vital role in applications like roofing, flooring, and infrastructure within the construction industry. Polyurea coatings are relied upon for enduring and dependable protection against environmental factors. However, the industrial segment is projected to manifest the highest CAGR of 5.1% from 2023 to 2032. Polyurea coatings, renowned for their exceptional resistance to chemicals, abrasion, and corrosion, play a critical role in industrial applications such as pipelines, tanks, and machinery, fueling their growing adoption and expansion in this sector. Asia-Pacific to maintain its dominance by 2032. Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for more than two-fifths of the global polyurea coating market revenue, and is expected to rule the roost in terms of revenue throughout the forecast timeframe. This can be attributed by swift industrialization, infrastructure growth, and heightened construction endeavors. Increased demand for protective coatings is fueled by the region's thriving automotive, manufacturing, and construction sectors. Rising awareness of the advantages of polyurea coatings, combined with economic expansion, establishes Asia-Pacific as a significant contributor to the market. For More Details: https://www.globenewswire.com/news-release/2024/01/25/2816634/0/en/Polyurea-Coating-Market-Size-Worth-1-2-Billion-by-2032-CAGR-4-8-AMR.html Industrial Coatings Market : https://www.alliedmarketresearch.com/industrial-coatings-market-A09666 Coatings for Commercial and Residential Roofing Market : https://www.alliedmarketresearch.com/coatings-for-commercial-and-residential-roofing-market-A13779 Low Friction Coatings Market : https://www.alliedmarketresearch.com/low-friction-coatings-market-A14892 About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. David Correa
Sika Frequently Asked Questions (FAQ)
When was Sika founded?
Sika was founded in 1910.
Where is Sika's headquarters?
Sika's headquarters is located at Zugerstrasse 50, Baar.
What is Sika's latest funding round?
Sika's latest funding round is IPO.
Who are the investors of Sika?
Investors of Sika include Saint-Gobain.
Who are Sika's competitors?
Competitors of Sika include Illinois Tool Works and 3 more.
Compare Sika to Competitors
Henkel (ETR: HEN) focuses on innovations, brands, and technologies in the adhesive technologies and consumer brands sectors. The company provides adhesive solutions, sealants, and functional coatings, as well as consumer brands and products in the areas of laundry, home care, and hair. Henkel was founded in 1876 and is based in Dusseldorf, Germany.
CoorsTek operates as a ceramics manufacturing company. It manufactures components from advanced precision-machined metals, technical ceramics, and engineered plastics. The company caters to automotive, medical, aerospace, semiconductor, electronic, telecommunications, food and beverage, industrial, oil and gas, fluid, laser, precision measurement, and pulp and paper industries. CoorsTek was formerly known as Coors Ceramics. CoorsTek was founded in 1996 and is based in Golden, Colorado.
Gore is a global materials science company operating in various sectors including aerospace, defense, space, land systems, and more. The company offers a wide range of products such as cables and cable assemblies, consumer products, electronic components, fabrics, fibers, filtration systems, medical devices, sealants, and venting solutions. These products are primarily sold to industries such as aerospace, apparel, textiles, and other industries. It was founded in 1958 and is based in Newark, Delaware.
Keysight Technologies Inc. (NYSE: KEYS) is an electronic measurement company, transforming today's measurement experience through innovations in wireless, modular, and software solutions. With its HP and Agilent legacy, Keysight delivers solutions in wireless communications, aerospace and defense and semiconductor markets with world-class platforms, software and consistent measurement science. The company's over 9,500 employees serve customers in more than 100 countries.
Tektronix manufactures test and measurement devices such as oscilloscopes, logic analyzers, and video and mobile test protocol equipment.
Lubribond Benelux specializes in industrial adhesives and silicones, serving as a representative for brands such as Permabond and Momentive. The company offers a range of adhesive products including anaerobic adhesives, cyanoacrylate adhesives, single and two-component epoxies, acrylate adhesives, UV-curable adhesives, and liquid silicones, catering to various bonding needs across industries. Lubribond Benelux primarily serves sectors that require specialized bonding solutions, such as manufacturing industries that work with metals, composites, and high-performance plastics. It is based in Deventer, Netherlands.