Polyurethane Coating Market Analysis and Size

Polyurethane coating market was valued at USD 18.00 billion in 2021 and is expected to reach USD 27.62 billion by 2029, registering a CAGR of 5.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

An all inclusive Polyurethane Coating Market report is valuable for both regular and emerging market player in the industry and provides in-depth market insights. Businesses can successfully utilize the data, statistics, research, and insights about the Chemical and Materials industry included in this marketing report to make decisions about business strategies and to achieve maximum return on investment (ROI). Polyurethane Coating Market research report is an ideal guide to attain an information or key data about market, emerging trends, product usage, motivating factors for customers, competitor strategies, brand positioning, customer preferences, and customer behaviour.

Polyurethane Coating Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Application Method (Spray, Brush, and Roller), Substrate Material (Concrete, Metal, Wood, Plastic, Fabric, others), Grade (Technical Grade and Industrial Grade), Packaging (Cans, Plastic Drums, and Others),  Product Type (Water-Based, Solvent-Based, Powder-Based, and Others), Application ( Pavement, Industrial Flooring, Metal Roofs, Pipeline Externals, Automotive Finishes, Wind Turbines, Industrial Equipment, Airport Hanger Floors, and Others), End Use Industry (Construction, Automotive, Electronics, Textile, Power and Energy Industry)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Akzo Nobel N.V. (Netherlands), PPG Industries, Inc. (U.S.), The Sherwin-Williams Company (U.S.), DOW (U.S.), Axalta Coating System (U.S.), BASF SE (Germany), Jotun (Norway), Covestro AG (Germany), Huntsman International LLC. (U.S.) Mitsubishi Chemical Corporation (Japan), Mapei S.p.A (Italy), Eastman Chemical Company (U.S.), Tosoh Corporation (Japan), Asahi Kasei Chemicals Corporation (Japan), Mascoat (U.S.), Asian Paints (India), The Valspar Corporation (U.S.), VCM Polyurethanes Pvt. Ltd (India), Tuff Coat Polymers Pvt. Ltd (India), deckencoatings (India)

Market Opportunities

  • Rising application of polyurethane coating in the automotive and transportation industry
  • High spending on environmentally friendly materials
  • Growing technological advancement

To generate the best Polyurethane Coating Market research report, ranges of objectives of the marketing research are required to be kept in mind. The data involved in this market report can be very necessary when it comes to dominating the market or making a mark in the market as a new emergent. All this data and statistics covered in this report lead to an actionable ideas, improved decision-making and better mapping business strategies. The large scale Polyurethane Coating Market report contains the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2022-2029.

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Global Polyurethane Coating Market Dynamics

Drivers

  • High Usage of Polyurethane coating due to unique properties

 Polyurethane coatings are high in demand due to their unique properties such as high elongation, UV resistance, abrasion resistance, impact resistance, low odor, low-temperature flexibility, water resistance, mar-resistant, non-flammable, alkali resistant, highly compatible with acrylic emulsions, high tensile strength, chemical resistance, and low VOC's. As a result, the polyurethane coatings are used in several industries such as demand for the automotive & transportation, aerospace, wood & furniture, construction, industrial, textile, electrical & electronics, and other which are expected to drive the market growth rate during the forecast period.

  • Increased requirements of polyurethane coating across marine industry

The marine industry is expected to dominate their respective markets owing to stringent laws requiring the use of polyurethane coating to increase operational efficiency and save energy. The polyurethane coating is mainly used due to its advantages, such as energy-saving capabilities, high thermal coefficient  and low thermal conductivity, which are used by several marine equipment to protect them from environmental effects.  Thus, the rising demand for polyurethane coating is anticipated to propel the market's growth.

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Major TOC of the Report

1 INTRODUCTION

2 MARKET SEGMENTATION

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 MARKET OVERVIEW

 

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