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Polyurethane Coatings - Global Market Outlook (2019-2027)

Polyurethane Coatings - Global Market Outlook (2019-2027)

4.4 (90 reviews)
Published: July 2020 ID: SMRC19488
4.4 (90 reviews)
Published: July 2020 ID: SMRC19488

This report covers the impact of COVID-19 on this global market

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

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