Polyurethane Coatings - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Polyurethane Coatings market is accounted for $19,957.16 million in 2019 and is expected to reach $34,034.58 million by 2027 growing at a CAGR of 6.9% during the forecast period. Some of the key factors propelling the market growth are elevated demand for construction insulation in light of sustainability concerns and development of automotive & shipbuilding industries. However, strict rules related to volatile organic compound are the restraining factor for the growth of the market.
Polyurethane coating is a polymer containing of a chain of organic units attached by urethane links which is a result of the reaction between an isocyanate component and a resin blend made with only hydroxyl-containing resins. Polyurethane coating chemistry is based on the mixture of polyisocyanates mainly TDI and MDI with polyols such as polyesters, polyacrylates, and polyethers.
By end user, construction segment is expected to grow at the significant market share during the forecast period owing to emulsion and epoxy paints are extensively used for wall and floor coatings. With growing focus on development in performance, polyurethane coatings are gradually emerging as the go-to-stop for applications, like high-performance architectural coatings. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to rising purchasing power and superior economic growth in Asia-Pacific. A major amount of innovations are made by different market players in order to be prepared to serve up the high potential end-use industries in future.
Some of the key players in Polyurethane Coatings Market include AkzoNobel N.V , Asian Paints Limited, Axalta Coating Systems, BASF SE, Bayer Materialscience , Covestro AG, Endura, Evonik Industries AG , Jotun A/S, PPG Industries, RPM International Inc , Sherwin Williams, Solvosol and Valspar Corporation.
Types Covered:
• Radiation Cured
• Solvent-Borne
• Water-Borne
• High Solids
• PU Powder Coating
• Spray
• Powder
End Users Covered:
• Wood & Furniture
• Aerospace
• Automotive & Transportation
• Construction
• Electrical & Electronics
• Household
• Industrial
• Textile & Apparels
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Polyurethane Coatings Market, By Type
5.1 Introduction
5.2 Radiation Cured
5.3 Solvent-Borne
5.4 Water-Borne
5.5 High Solids
5.6 PU Powder Coating
5.7 Spray
5.8 Powder
6 Global Polyurethane Coatings Market, By End User
6.1 Introduction
6.2 Wood & Furniture
6.3 Aerospace
6.4 Automotive & Transportation
6.5 Construction
6.6 Electrical & Electronics
6.7 Household
6.8 Industrial
6.9 Textile & Apparels
7 Global Polyurethane Coatings Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 AkzoNobel N.V
9.2 Asian Paints Limited
9.3 Axalta Coating Systems
9.4 BASF SE
9.5 Bayer Materialscience
9.6 Covestro AG
9.7 Endura
9.8 Evonik Industries AG
9.9 Jotun A/S
9.10 PPG Industries
9.11 RPM International Inc
9.12 Sherwin Williams
9.13 Solvosol
9.14 Valspar Corporation
List of Tables
1 Global Polyurethane Coatings Market Outlook, By Region (2018-2027) ($MN)
2 Global Polyurethane Coatings Market Outlook, By Type (2018-2027) ($MN)
3 Global Polyurethane Coatings Market Outlook, By Radiation Cured (2018-2027) ($MN)
4 Global Polyurethane Coatings Market Outlook, By Solvent-Borne (2018-2027) ($MN)
5 Global Polyurethane Coatings Market Outlook, By Water-Borne (2018-2027) ($MN)
6 Global Polyurethane Coatings Market Outlook, By High Solids (2018-2027) ($MN)
7 Global Polyurethane Coatings Market Outlook, By PU Powder Coating (2018-2027) ($MN)
8 Global Polyurethane Coatings Market Outlook, By Spray (2018-2027) ($MN)
9 Global Polyurethane Coatings Market Outlook, By Powder (2018-2027) ($MN)
10 Global Polyurethane Coatings Market Outlook, By End User (2018-2027) ($MN)
11 Global Polyurethane Coatings Market Outlook, By Wood & Furniture (2018-2027) ($MN)
12 Global Polyurethane Coatings Market Outlook, By Aerospace (2018-2027) ($MN)
13 Global Polyurethane Coatings Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
14 Global Polyurethane Coatings Market Outlook, By Construction (2018-2027) ($MN)
15 Global Polyurethane Coatings Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
16 Global Polyurethane Coatings Market Outlook, By Household (2018-2027) ($MN)
17 Global Polyurethane Coatings Market Outlook, By Industrial (2018-2027) ($MN)
18 Global Polyurethane Coatings Market Outlook, By Textile & Apparels (2018-2027) ($MN)
19 North America Polyurethane Coatings Market Outlook, By Country (2018-2027) ($MN)
20 North America Polyurethane Coatings Market Outlook, By Type (2018-2027) ($MN)
21 North America Polyurethane Coatings Market Outlook, By Radiation Cured (2018-2027) ($MN)
22 North America Polyurethane Coatings Market Outlook, By Solvent-Borne (2018-2027) ($MN)
23 North America Polyurethane Coatings Market Outlook, By Water-Borne (2018-2027) ($MN)
24 North America Polyurethane Coatings Market Outlook, By High Solids (2018-2027) ($MN)
25 North America Polyurethane Coatings Market Outlook, By PU Powder Coating (2018-2027) ($MN)
26 North America Polyurethane Coatings Market Outlook, By Spray (2018-2027) ($MN)
27 North America Polyurethane Coatings Market Outlook, By Powder (2018-2027) ($MN)
28 North America Polyurethane Coatings Market Outlook, By End User (2018-2027) ($MN)
29 North America Polyurethane Coatings Market Outlook, By Wood & Furniture (2018-2027) ($MN)
30 North America Polyurethane Coatings Market Outlook, By Aerospace (2018-2027) ($MN)
31 North America Polyurethane Coatings Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
32 North America Polyurethane Coatings Market Outlook, By Construction (2018-2027) ($MN)
33 North America Polyurethane Coatings Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
34 North America Polyurethane Coatings Market Outlook, By Household (2018-2027) ($MN)
35 North America Polyurethane Coatings Market Outlook, By Industrial (2018-2027) ($MN)
36 North America Polyurethane Coatings Market Outlook, By Textile & Apparels (2018-2027) ($MN)
37 Europe Polyurethane Coatings Market Outlook, By Country (2018-2027) ($MN)
38 Europe Polyurethane Coatings Market Outlook, By Type (2018-2027) ($MN)
39 Europe Polyurethane Coatings Market Outlook, By Radiation Cured (2018-2027) ($MN)
40 Europe Polyurethane Coatings Market Outlook, By Solvent-Borne (2018-2027) ($MN)
41 Europe Polyurethane Coatings Market Outlook, By Water-Borne (2018-2027) ($MN)
42 Europe Polyurethane Coatings Market Outlook, By High Solids (2018-2027) ($MN)
43 Europe Polyurethane Coatings Market Outlook, By PU Powder Coating (2018-2027) ($MN)
44 Europe Polyurethane Coatings Market Outlook, By Spray (2018-2027) ($MN)
45 Europe Polyurethane Coatings Market Outlook, By Powder (2018-2027) ($MN)
46 Europe Polyurethane Coatings Market Outlook, By End User (2018-2027) ($MN)
47 Europe Polyurethane Coatings Market Outlook, By Wood & Furniture (2018-2027) ($MN)
48 Europe Polyurethane Coatings Market Outlook, By Aerospace (2018-2027) ($MN)
49 Europe Polyurethane Coatings Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
50 Europe Polyurethane Coatings Market Outlook, By Construction (2018-2027) ($MN)
51 Europe Polyurethane Coatings Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
52 Europe Polyurethane Coatings Market Outlook, By Household (2018-2027) ($MN)
53 Europe Polyurethane Coatings Market Outlook, By Industrial (2018-2027) ($MN)
54 Europe Polyurethane Coatings Market Outlook, By Textile & Apparels (2018-2027) ($MN)
55 Asia Pacific Polyurethane Coatings Market Outlook, By Country (2018-2027) ($MN)
56 Asia Pacific Polyurethane Coatings Market Outlook, By Type (2018-2027) ($MN)
57 Asia Pacific Polyurethane Coatings Market Outlook, By Radiation Cured (2018-2027) ($MN)
58 Asia Pacific Polyurethane Coatings Market Outlook, By Solvent-Borne (2018-2027) ($MN)
59 Asia Pacific Polyurethane Coatings Market Outlook, By Water-Borne (2018-2027) ($MN)
60 Asia Pacific Polyurethane Coatings Market Outlook, By High Solids (2018-2027) ($MN)
61 Asia Pacific Polyurethane Coatings Market Outlook, By PU Powder Coating (2018-2027) ($MN)
62 Asia Pacific Polyurethane Coatings Market Outlook, By Spray (2018-2027) ($MN)
63 Asia Pacific Polyurethane Coatings Market Outlook, By Powder (2018-2027) ($MN)
64 Asia Pacific Polyurethane Coatings Market Outlook, By End User (2018-2027) ($MN)
65 Asia Pacific Polyurethane Coatings Market Outlook, By Wood & Furniture (2018-2027) ($MN)
66 Asia Pacific Polyurethane Coatings Market Outlook, By Aerospace (2018-2027) ($MN)
67 Asia Pacific Polyurethane Coatings Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
68 Asia Pacific Polyurethane Coatings Market Outlook, By Construction (2018-2027) ($MN)
69 Asia Pacific Polyurethane Coatings Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
70 Asia Pacific Polyurethane Coatings Market Outlook, By Household (2018-2027) ($MN)
71 Asia Pacific Polyurethane Coatings Market Outlook, By Industrial (2018-2027) ($MN)
72 Asia Pacific Polyurethane Coatings Market Outlook, By Textile & Apparels (2018-2027) ($MN)
73 South America Polyurethane Coatings Market Outlook, By Country (2018-2027) ($MN)
74 South America Polyurethane Coatings Market Outlook, By Type (2018-2027) ($MN)
75 South America Polyurethane Coatings Market Outlook, By Radiation Cured (2018-2027) ($MN)
76 South America Polyurethane Coatings Market Outlook, By Solvent-Borne (2018-2027) ($MN)
77 South America Polyurethane Coatings Market Outlook, By Water-Borne (2018-2027) ($MN)
78 South America Polyurethane Coatings Market Outlook, By High Solids (2018-2027) ($MN)
79 South America Polyurethane Coatings Market Outlook, By PU Powder Coating (2018-2027) ($MN)
80 South America Polyurethane Coatings Market Outlook, By Spray (2018-2027) ($MN)
81 South America Polyurethane Coatings Market Outlook, By Powder (2018-2027) ($MN)
82 South America Polyurethane Coatings Market Outlook, By End User (2018-2027) ($MN)
83 South America Polyurethane Coatings Market Outlook, By Wood & Furniture (2018-2027) ($MN)
84 South America Polyurethane Coatings Market Outlook, By Aerospace (2018-2027) ($MN)
85 South America Polyurethane Coatings Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
86 South America Polyurethane Coatings Market Outlook, By Construction (2018-2027) ($MN)
87 South America Polyurethane Coatings Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
88 South America Polyurethane Coatings Market Outlook, By Household (2018-2027) ($MN)
89 South America Polyurethane Coatings Market Outlook, By Industrial (2018-2027) ($MN)
90 South America Polyurethane Coatings Market Outlook, By Textile & Apparels (2018-2027) ($MN)
91 Middle East & Africa Polyurethane Coatings Market Outlook, By Country (2018-2027) ($MN)
92 Middle East & Africa Polyurethane Coatings Market Outlook, By Type (2018-2027) ($MN)
93 Middle East & Africa Polyurethane Coatings Market Outlook, By Radiation Cured (2018-2027) ($MN)
94 Middle East & Africa Polyurethane Coatings Market Outlook, By Solvent-Borne (2018-2027) ($MN)
95 Middle East & Africa Polyurethane Coatings Market Outlook, By Water-Borne (2018-2027) ($MN)
96 Middle East & Africa Polyurethane Coatings Market Outlook, By High Solids (2018-2027) ($MN)
97 Middle East & Africa Polyurethane Coatings Market Outlook, By PU Powder Coating (2018-2027) ($MN)
98 Middle East & Africa Polyurethane Coatings Market Outlook, By Spray (2018-2027) ($MN)
99 Middle East & Africa Polyurethane Coatings Market Outlook, By Powder (2018-2027) ($MN)
100 Middle East & Africa Polyurethane Coatings Market Outlook, By End User (2018-2027) ($MN)
101 Middle East & Africa Polyurethane Coatings Market Outlook, By Wood & Furniture (2018-2027) ($MN)
102 Middle East & Africa Polyurethane Coatings Market Outlook, By Aerospace (2018-2027) ($MN)
103 Middle East & Africa Polyurethane Coatings Market Outlook, By Automotive & Transportation (2018-2027) ($MN)
104 Middle East & Africa Polyurethane Coatings Market Outlook, By Construction (2018-2027) ($MN)
105 Middle East & Africa Polyurethane Coatings Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
106 Middle East & Africa Polyurethane Coatings Market Outlook, By Household (2018-2027) ($MN)
107 Middle East & Africa Polyurethane Coatings Market Outlook, By Industrial (2018-2027) ($MN)
108 Middle East & Africa Polyurethane Coatings Market Outlook, By Textile & Apparels (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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