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 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 (2025–2032), considering 2024 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, 2020 - 2032)
  • Solvent-Based Polyurethane Coatings
  • Water-Based Polyurethane Coatings
  • UV-Cured Polyurethane Coatings
  • Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Architectural Coatings
  • Automotive Coatings
  • Industrial Coatings
  • Wood & Furniture Coatings
  • Others
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • 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


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Polyurethane Coating Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Polyurethane Coating Market – COVID-19
Impact Analysis
5. Global Polyurethane Coating Market, By Type, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Solvent-Based Polyurethane Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Water-Based Polyurethane Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
UV-Cured Polyurethane Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Polyurethane Coating Market, By Application, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Architectural Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Automotive Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Industrial Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Wood & Furniture Coatings
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Polyurethane Coating Market, By Region, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East
Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Regions/Countries
South Africa
North Africa
Central Africa
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Akzo Nobel N.V.
Company Overview
Type Portfolio
Recent Developments/Updates
PPG Industries, Inc.
Company Overview
Type Portfolio
Recent Developments/Updates
The Sherwin-Williams Company
Company Overview
Type Portfolio
Recent Developments/Updates
DOW
Company Overview
Type Portfolio
Recent Developments/Updates
Axalta Coating Systems
Company Overview
Type Portfolio
Recent Developments/Updates
BASF SE
Company Overview
Type Portfolio
Recent Developments/Updates
Jotun
Company Overview
Type Portfolio
Recent Developments/Updates
RPM International Inc.
Company Overview
Type Portfolio
Recent Developments/Updates
Asian Paints
Company Overview
Type Portfolio
Recent Developments/Updates
Covestro AG
Company Overview
Type Portfolio
Recent Developments/Updates
Huntsman International LLC
Company Overview
Type Portfolio
Recent Developments/Updates
Nippon Paint Holdings Co., Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Mitsubishi Chemical Corporation
Company Overview
Type Portfolio
Recent Developments/Updates
Masco Corporation
Company Overview
Type Portfolio
Recent Developments/Updates
Kansai Paint Co., Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Beckers Group
Company Overview
Type Portfolio
Recent Developments/Updates
Hempel A/S
Company Overview
Type Portfolio
Recent Developments/Updates
Sika AG
Company Overview
Type Portfolio
Recent Developments/Updates
RTP Company
Company Overview
Type Portfolio
Recent Developments/Updates
Lubrizol Corporation
Company Overview
Type Portfolio
Recent Developments/Updates
9. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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