Polyurethane Coating Market By Type (Solvent-Based Polyurethane Coatings, Water-Based Polyurethane Coatings, and UV-Cured Polyurethane Coatings), By Application (Architectural Coatings, Automotive Coatings, Industrial Coatings, Wood & Furniture Coatings,

Polyurethane Coating Market By Type (Solvent-Based Polyurethane Coatings, Water-Based Polyurethane Coatings, and UV-Cured Polyurethane Coatings), By Application (Architectural Coatings, Automotive Coatings, Industrial Coatings, Wood & Furniture Coatings, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Polyurethane coatings are extensively used in various industries due to their versatility and ability to provide protection against wear, UV radiation, and corrosion. They are made from reacting polyols and diisocyanates along with additives to achieve the desired properties. Some key advantages of polyurethane coatings include excellent adhesion, flexibility, and good chemical and abrasion resistance. Rising construction activities along with growing automotive production are fueling the demand for polyurethane coatings globally.

Market Dynamics:

The global polyurethane coating market is driven by increasing construction activities along with growing automotive production worldwide. Rapid urbanization in developing countries is significantly boosting infrastructure development, which, in turn, is propelling the adoption of polyurethane coatings in applications such as flooring, wood coatings, and roof coatings. Additionally, rising sales of automobiles where polyurethane coatings are used to coat car interiors, exteriors, and various auto components is fueling the market growth. On the other hand, emergence of bio-based polyurethane coatings owing to sustainability concerns are expected to provide lucrative opportunities in the coming years.

Key Features of the Study:

This report provides in-depth analysis of the global polyurethane coating market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global polyurethane coating market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Akzo Nobel N.V., PPG Industries, Inc., The Sherwin-Williams Company, DOW, Axalta Coating Systems, BASF SE, Jotun, RPM International Inc., Asian Paints, Covestro AG, Huntsman International LLC, Nippon Paint Holdings Co., Ltd., Mitsubishi Chemical Corporation, Masco Corporation, Kansai Paint Co., Ltd., Beckers Group, Hempel A/S, Sika AG, RTP Company, and Lubrizol Corporation

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global polyurethane coating market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polyurethane coating market

Detailed Segmentation-

Type Insights (Revenue, USD Bn, 2019 - 2031)

Solvent-Based Polyurethane Coatings

Water-Based Polyurethane Coatings

UV-Cured Polyurethane Coatings

Application Insights (Revenue, USD Bn, 2019 - 2031)

Architectural Coatings

Automotive Coatings

Industrial Coatings

Wood & Furniture Coatings

Others

Regional Insights (Revenue, USD Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Akzo Nobel N.V.

PPG Industries, Inc.

The Sherwin-Williams Company

DOW

Axalta Coating Systems

BASF SE

Jotun

RPM International Inc.

Asian Paints

Covestro AG

Huntsman International LLC

Nippon Paint Holdings Co., Ltd.

Mitsubishi Chemical Corporation

Masco Corporation

Kansai Paint Co., Ltd.

Beckers Group

Hempel A/S

Sika AG

RTP Company

Lubrizol Corporation