Global Polyurethane Coating
Market Report
2025
The global Polyurethane Coating market size is USD 21.1 billion in 2024. The Polyurethane Coating market will show strongest growth with a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. This growth can be attributed to rising polyurethane coating use in automobile and transportation.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Polyurethane Coating market size is USD 21.1 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Polyurethane Coating Market Sales Revenue | 121212 | $ 21.1 Billion | 121212 | 121212 | 121212 | 5.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Polyurethane Coating industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Polyurethane Coating Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
polyols react with polyisocyanates, including toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI), to generate polyurethanes. Before processing, polyols are converted to stock coatings and combined with polyisocyanates in a cross-link in polyurethane coatings, resulting in a two-component system. The PU coating's properties may be influenced by the polyol employed in the production process and the crosslinker chose. Among the numerous properties of polyurethane coatings are their high-performance capabilities, which include excellent abrasion and corrosion resistance, low-temperature curing, increased durability, high flexibility, good weathering features, and high optical properties. A modified form of coating, polyurethane coatings are robust, malleable, and specifically engineered to safeguard electronic circuits. It is extensively useful in robust coatings due to its high abrasion resistance and exceptional mechanical and dielectric properties. Polyurethane coatings are a prime example of this. These factors are anticipated to contribute to the substantial growth of the polyurethane coatings market during the forecast period.
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In August 2023, Covestro initiated the production of polyurethane elastomer systems at its new Shanghai facility. Double-digit million Euro investments are the norm. This investment is a component of a succession of investments in the basic materials of elastomers that the business has made in recent years, with locations in Spain and Thailand. (Source:https://www.covestro.com/press/covestro-starts-new-elastomers-plant-in-shanghai/)
Top Companies Market Share in Polyurethane Coating Industry: (In no particular order of Rank)
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According to Cognitive Market Research, Asia-Pacific dominated the market in 2024 and attributed for around 40% of the global revenue. The market in the region is anticipated to experience further growth during the forecast period due to the increasing demand in the building sector in developing countries like India, Indonesia, and Thailand. Government investment in the construction sector and the expansion of industrialization are anticipated to further increase the market share of the Asia-Pacific region.
North America stands out as the fastest-growing region in the Polyurethane Coating market The United States is the market leader in this sector as a result of the substantial growth of the automotive and construction industries. Furthermore, this expansion is a result of the thriving chemical industry, which presents the market with significant growth potential in North America's industrialized nations.
The current report Scope analyzes Polyurethane Coating Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Polyurethane Coating Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Polyurethane Coating Industry growth. Polyurethane Coating market has been segmented with the help of its Type, End Industry , and others. Polyurethane Coating market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Polyurethane Coating analyzed in this report are as follows:
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According to cognitive market research, Automotive & Transportation is the dominant category. Polyurethane coatings are employed as primers, intermediate coats, and finishing paints in automotive bodies due to their exceptional chipping and chemical resistance. The automotive industry has experienced a positive impact on the utilization of polyurethane coatings as a result of the increased demand for automotive products.
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Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Polyurethane Coating Market is witnessing significant growth in the near future.
In 2023, the Solvent-Borne segment accounted for noticeable share of global Polyurethane Coating Market and is projected to experience significant growth in the near future.
The Automotive & Transportation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Akzo Nobel N.V. , Sherwin Williams and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Solvent-Borne, Water-Borne, High Solids, PU Powder Coating |
End Industry | Automotive & Transportation, Wood & Furniture, Industrial, Construction, Textile & Apparels, Electrical & Electronics, Others |
List of Competitors | Akzo Nobel N.V., Ppg Industries, Sherwin Williams, Rpm International Inc, Axalta Coating Systems, Asian Paints Limited, Basf Se, Bayer Materialscience, Jotun A/S, Valspar Corporation |
This chapter will help you gain GLOBAL Market Analysis of Polyurethane Coating. Further deep in this chapter, you will be able to review Global Polyurethane Coating Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Polyurethane Coating. Further deep in this chapter, you will be able to review North America Polyurethane Coating Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Polyurethane Coating. Further deep in this chapter, you will be able to review Europe Polyurethane Coating Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Polyurethane Coating. Further deep in this chapter, you will be able to review Asia Pacific Polyurethane Coating Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Polyurethane Coating. Further deep in this chapter, you will be able to review South America Polyurethane Coating Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Polyurethane Coating. Further deep in this chapter, you will be able to review Middle East and Africa Polyurethane Coating Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Polyurethane Coating. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End Industry Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Polyurethane Coating market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Solvent-Borne have a significant impact on Polyurethane Coating market? |
What are the key factors affecting the Solvent-Borne and Water-Borne of Polyurethane Coating Market? |
What is the CAGR/Growth Rate of Automotive & Transportation during the forecast period? |
By type, which segment accounted for largest share of the global Polyurethane Coating Market? |
Which region is expected to dominate the global Polyurethane Coating Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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