Waterborne Polyurethane Paint Market Report: Trends, Forecast and Competitive Analysis to 2030
Waterborne Polyurethane Paint Trends and Forecast
The future of the global waterborne polyurethane paint market looks promising with opportunities in the leather, rubber, metal, textile, and wood markets. The global waterborne polyurethane paint market is expected to reach an estimated $2.4 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are increasing environmental regulations, growing demand for sustainable products, and rising demand from the building and construction sectors as these coatings are chemcially stable, safe, and easy to use.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Waterborne Polyurethane Paint by Segment
The study includes a forecast for the global waterborne polyurethane paint by product, application, and region.
Waterborne Polyurethane Paint Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Polyurethane Emulsion Coating
- Polyurethane Dispersion Coating
- Polyurethane Aqueous Solution Coating
Waterborne Polyurethane Paint Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Leather Industry
- Rubber Industry
- Metal Industry
- Textile Industry
- Wood Industry
- Others
Waterborne Polyurethane Paint Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Waterborne Polyurethane Paint Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waterborne polyurethane paint companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waterborne polyurethane paint companies profiled in this report include-
- Akzo Nobel
- Axalta Coating Systems
- PPG Industries
- The Sherwin-Williams
- Dow Chemical
- Walter Wurdack
- Brilliant
- Covestro
- Epoxies
- Wilko Paint
Waterborne Polyurethane Paint Market Insights
Lucintel forecasts that polyurethane dispersion coating will remain the largest segment over the forecast period due to its low voc content and superior resistance to abrasion.
Within this market, wood industry is expected to witness the highest growth due to the growing usage of waterborne polyurethane in architectural applications.
Europe will remain the largest region over the forecast period due to increasing strict regulations and reduced taxes for manufacturers.
Features of the Global Waterborne Polyurethane Paint Market
Market Size Estimates: Waterborne polyurethane paint market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Waterborne polyurethane paint market size by product, application, and region in terms of value ($B).
Regional Analysis: Waterborne polyurethane paint market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the waterborne polyurethane paint market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the waterborne polyurethane paint market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the waterborne polyurethane paint market size?
Answer: The global waterborne polyurethane paint market is expected to reach an estimated $2.4 billion by 2030.
Q2. What is the growth forecast for waterborne polyurethane paint market?
Answer: The global waterborne polyurethane paint market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the waterborne polyurethane paint market?
Answer: The major drivers for this market are increasing environmental regulations, growing demand for sustainable products, and rising demand from the building and construction sectors as these coatings are chemcially stable, safe, and easy to use.
Q4. What are the major segments for waterborne polyurethane paint market?
Answer: The future of the waterborne polyurethane paint market looks promising with opportunities in the leather, rubber, metal, textile, and wood markets.
Q5. Who are the key waterborne polyurethane paint market companies?
Answer: Some of the key waterborne polyurethane paint companies are as follows:
- Akzo Nobel
- Axalta Coating Systems
- PPG Industries
- The Sherwin-Williams
- Dow Chemical
- Walter Wurdack
- Brilliant
- Covestro
- Epoxies
- Wilko Paint
Q6. Which waterborne polyurethane paint market segment will be the largest in future?
Answer: Lucintel forecasts that polyurethane dispersion coating will remain the largest segment over the forecast period due to its low voc content and superior resistance to abrasion.
Q7. In waterborne polyurethane paint market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to increasing strict regulations and reduced taxes for manufacturers.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the waterborne polyurethane paint market by product (polyurethane emulsion coating, polyurethane dispersion coating, and polyurethane aqueous solution coating), application (leather industry, rubber industry, metal industry, textile industry, wood industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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