Polyurethane Coatings Market is Expected to Exhibit a Healthy CAGR of 5.13% for the Forecast Period of 2023 to 2030

The Polyurethane Coatings Market is projected to grow from USD 19.69 Billion in 2023 to USD 27.67 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.13% during the forecast period (2023 – 2030)

Polyurethane Coatings contain various characteristics like high-performance coatings with excellent abrasion and corrosion resistance, low-temperature curing, higher durability, high flexibility, good weathering features, and high optical properties. 

These coatings are largely consumed by the Automotive & Transportation industry especially in  Ships & automobiles. The reason being used of these Polyurethane Coatings is because these coatings possess a Anti-corrosion property which protects the automotive part. Along with this it also has a high gloss, durability, and scratch resistance.Therefore, the Automotive segment will define the expansion of this Polyurethane Coatings Market.

Get a Free Sample PDF Brochure @

https://www.marketresearchfuture.com/sample_request/2976

Regional analysis

In Asia Pacific, the pu coating  market is likely to be the largest market across the globe in the analysis period. The growing demand for polyurethane coatings market for aerospace, automotive, construction, and electrical application across India and other APAC regions can support the market expansion. Rapid industrialization and expansion of the construction sector in the region can promote the rise of the market across the assessment period.

In North America, the polyurethane coatings market can secure the second-largest share of global market after Asia Pacific. The high utility of polyurethane coating across the expanding automotive and construction sectors can promote the market growth. In Europe, the polyurethane coatings market can thrive as the regional growth indicators are similar to market drivers in APAC. However, economic slowdown can promote the market rise through the analysis period. In Latin America, the polyurethane coatings market can rise at decent CAGR as economy across the region is observed to revive. In the Middle East and Africa region, the presence of a high number of construction sector can support the expansion of the market across the analysis period.

Browse In-depth Market Research Report

https://www.marketresearchfuture.com/reports/polyurethane-coatings-market-2976

Market Segmentation

The polyurethane coatings market, internationally, had been segmented into 2 bases. They are majorly based on Technology & on End-use Industry.

Based on Technology, market had been divided into Solvent Borne,

Water Borne & Spray. Then based on End-use Industry, it is further classified into Automotive, Aerospace, Household, Construction & Electronics.

Market has been Segmented by focusing mainly on the target audience based on Polyurethane coatings manufacturers, Traders and distributors, Research and development institute, Potential investors, Raw material suppliers & National laboratory.

Key players

• Akzo Nobel
• Valspar Corporation
• Sherwin Williams Company
• PPG Industries
• Axalta Coating Systems
• Asian Paints Limited
• BASF
• Covestro
• Jotun A/S
• Evonik Industries

Browse Related Report

Cryolite Market: Information by Application (Aluminum Metallurgy, Automotive, Bonded Abrasives, Enamel and Glass Frits, Blasting and Pyrotechnics, Welding Agents, Others), and Region (North America, Europe, Asia-Pacific) – Global Forecast till 2030

Fiber Cement Market Research Report Information By Product (Boards, Panels, Others) Application (Siding, Roofing, Flooring, Molding and Trim, Inner Lining, Fire and Acostic Walls, Partition Walls, Others) End Use (Residential, Non Residential) Forecat 2028

Naphtha Market Information: by Type (Light Naphtha, Heavy Naphtha), Application (Chemicals, Energy and Fuel, Others), Process (Gasoline Blending, Naphtha Reforming, Steam Cracking, Others), and Region (Asia-Pacific, North America) Forecast till 2030

Elastomeric Foam Market: Information by Type (Natural Rubber and Synthetic Rubber), by End-Use Industry (HVAC, Automotive, Electrical and Electronics and others) and Region (Asia-Pacific, North America, Europe and Others) – Forecast till 2030

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Tags: Polyurethane Coatings Market Size, Polyurethane coatings market, Polyurethane coatings See Campaign: https://www.marketresearchfuture.com/reports/polyurethane-coatings-market-2976

Contact Information:

Contact us: Market Research Future (part of Wantstats Research and Media Private Limited), 99 Hudson Street, 5Th Floor, New York, New York 10013 United States of America +1 628 258 0071 Email: sales@marketresearchfuture.com

Tags:
Wire, Research Newswire, English