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Global Polyurethane (PU) Coatings Market By Technology (Chemical Vapor Deposition Vs Physical Vapor Deposition), By Substrate (Metal, Ceramic, Composite, Others), By End Use (Electronics, Mechanical, Industrial. Medical, Others), By Region, Forecast & Opportunities, 2025

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    Report

  • May 2020
  • Region: Global
  • TechSci Research
  • ID: 5024027
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The Global Polyurethane (PU) Coatings Market is expected to grow at a formidable rate during the forecast period. The Global Polyurethane (PU) Coatings Market is driven by rapid expansion of the automotive industry at the global level. Moreover, because of several benefits offered by polyurethane (PU) coatings such as high-performance abrasion resistance and corrosion resistance, among others, the polyurethane coating is widely used in numerous industries, which is positively impacting the growth of the market, globally. Also, continuous technological innovations in this market are further expected to bolster the growth of the market over the next few years.

The Global Polyurethane (PU) Coatings Market is segmented based on type, end-industry, company and region. Based on type of type, the market can be categorized into solvent-borne, water-borne, high solid and PU powder coating. The water-borne segment dominated the market until 2019 in terms of largest market share and is anticipated to dominate the market during the forecast years. This can be ascribed to the low content of volatile organic compound in the water borne polyurethane. Therefore, on comparing it to other alternatives, water borne polyurethane is more preferred coating, which is anticipated to fuel the growth of this segment over the next five years. In addition to this, the PU powder coatings segment is also forecast to register high growth during the next five years on account of more resistant to chipping, fading, scratching and wearing than other finishes.

Major players operating in the Global Polyurethane (PU) Coatings Market include Akzo Nobel N.V., PPG Industries, Sherwin William, RPM International In, Axalta Coating Systems, Asian Paints Limited, BASF Se, Bayer Materialscience, Jotun A/S, Valspar Corporation, Evonik Industries AG, Covestro AG, Solvosol, Endura and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new developments to increase their customer bases.

Years considered for this report:
  • Historical Years: 2015-2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2021–2025

Objective of the Study:
  • To analyze and estimate the market size of the Global Polyurethane (PU) Coatings Market from 2015 to 2018.
  • To estimate and forecast the market size of the Global Polyurethane (PU) Coatings Market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast the Global Polyurethane (PU) Coatings Market based on type, end-industry, company and regional distribution.
  • To identify dominant region or segment in the Global Polyurethane (PU) Coatings Market.
  • To identify drivers and challenges for the Global Polyurethane (PU) Coatings Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Polyurethane (PU) Coatings Market.
  • To conduct pricing analysis for the Global Polyurethane (PU) Coatings Market.
  • To identify and analyze the profile of leading players operating in the Global Polyurethane (PU) Coatings Market.
  • To identify key sustainable strategies adopted by market players in the Global Polyurethane (PU) Coatings Market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of manufacturers of polyurethane (PU) coatings across the globe. Subsequently, they conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the manufacturers, distribution channels and presence of all major players across the globe.

The author calculated the market size of the Global Polyurethane (PU) Coatings Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Polyurethane (PU) coatings manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to polyurethane (PU) coatings
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:
In this report, the Global Polyurethane (PU) Coatings Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Polyurethane (PU) Coatings Market, By Type:
  • Solvent-Borne
  • Water-Borne
  • High Solids
  • PU Powder Coating

Global Polyurethane (PU) Coatings Market, By End-Industry:
  • Automotive & Transportation
  • Wood & Furniture
  • Industrial
  • Construction
  • Textile & Apparels
  • Electrical & Electronics
  • Others

Global Polyurethane (PU) Coatings Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • South America
  • Brazil
  • Argentina
  • Colombia

Competitive Landscape:
  • Company Profiles: Detailed analysis of the major companies present in the Global Polyurethane (PU) Coatings Market.

Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.

Table of Contents


1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Polyurethane (PU) Coatings Market4. Executive Summary
5. Voice of Customer
5.1. Product Awareness
5.2. Customer Satisfaction Analysis
5.3. Unmet Needs/Challenges
6. Global Polyurethane (PU) Coatings Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Solvent-Borne, Water-Borne, High Solids, PU Powder Coating)
6.2.2. By End Industry (Automotive & Transportation, Wood & Furniture, Industrial, Construction, Textile & Apparels, Electrical & Electronics, Others)
6.2.3. By Company (2019)
6.2.4. By Region
6.3. Market Attractiveness Index
7. Asia-Pacific Polyurethane (PU) Coatings Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End Industry
7.2.3. By Country
7.3. Competition Outlook
7.4. Pricing Analysis
7.5. Customer Analysis
7.6. Asia-Pacific: Country Analysis
7.6.1. China Polyurethane (PU) Coatings Market Outlook
7.6.1.1. Market Size & Forecast
7.6.1.1.1. By Value & Volume
7.6.1.2. Market Share & Forecast
7.6.1.2.1. By Type
7.6.1.2.2. By End Industry
7.6.2. India Polyurethane (PU) Coatings Market Outlook
7.6.2.1. Market Size & Forecast
7.6.2.1.1. By Value & Volume
7.6.2.2. Market Share & Forecast
7.6.2.2.1. By Type
7.6.2.2.2. By End Industry
7.6.3. Australia Polyurethane (PU) Coatings Market Outlook
7.6.3.1. Market Size & Forecast
7.6.3.1.1. By Value & Volume
7.6.3.2. Market Share & Forecast
7.6.3.2.1. By Type
7.6.3.2.2. By End Industry
7.6.4. Japan Polyurethane (PU) Coatings Market Outlook
7.6.4.1. Market Size & Forecast
7.6.4.1.1. By Value & Volume
7.6.4.2. Market Share & Forecast
7.6.4.2.1. By Type
7.6.4.2.2. By End Industry
7.6.5. South Korea Polyurethane (PU) Coatings Market Outlook
7.6.5.1. Market Size & Forecast
7.6.5.1.1. By Value & Volume
7.6.5.2. Market Share & Forecast
7.6.5.2.1. By Type
7.6.5.2.2. By End Industry
8. Europe Polyurethane (PU) Coatings Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End Industry
8.2.3. By Country
8.3. Competition Outlook
8.4. Prising Analysis
8.5. Customer Analysis
8.6. Europe: Country Analysis
8.6.1. France Polyurethane (PU) Coatings Market Outlook
8.6.1.1. Market Size & Forecast
8.6.1.1.1. By Value & Volume
8.6.1.2. Market Share & Forecast
8.6.1.2.1. By Type
8.6.1.2.2. By End Industry
8.6.2. Germany Polyurethane (PU) Coatings Market Outlook
8.6.2.1. Market Size & Forecast
8.6.2.1.1. By Value & Volume
8.6.2.2. Market Share & Forecast
8.6.2.2.1. By Type
8.6.2.2.2. By End Industry
8.6.3. United Kingdom Polyurethane (PU) Coatings Market Outlook
8.6.3.1. Market Size & Forecast
8.6.3.1.1. By Value & Volume
8.6.3.2. Market Share & Forecast
8.6.3.2.1. By Type
8.6.3.2.2. By End Industry
8.6.4. Italy Polyurethane (PU) Coatings Market Outlook
8.6.4.1. Market Size & Forecast
8.6.4.1.1. By Value & Volume
8.6.4.2. Market Share & Forecast
8.6.4.2.1. By Type
8.6.4.2.2. By End Industry
8.6.5. Spain Polyurethane (PU) Coatings Market Outlook
8.6.5.1. Market Size & Forecast
8.6.5.1.1. By Value & Volume
8.6.5.2. Market Share & Forecast
8.6.5.2.1. By Type
8.6.5.2.2. By End Industry
9. North America Polyurethane (PU) Coatings Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By End Industry
9.2.3. By Country
9.3. Competition Outlook
9.4. Prising Analysis
9.5. Customer Analysis
9.6. North America: Country Analysis
9.6.1. United States Polyurethane (PU) Coatings Market Outlook
9.6.1.1. Market Size & Forecast
9.6.1.1.1. By Value & Volume
9.6.1.2. Market Share & Forecast
9.6.1.2.1. By Type
9.6.1.2.2. By End Industry
9.6.2. Mexico Polyurethane (PU) Coatings Market Outlook
9.6.2.1. Market Size & Forecast
9.6.2.1.1. By Value & Volume
9.6.2.2. Market Share & Forecast
9.6.2.2.1. By Type
9.6.2.2.2. By End Industry
9.6.3. Canada Polyurethane (PU) Coatings Market Outlook
9.6.3.1. Market Size & Forecast
9.6.3.1.1. By Value & Volume
9.6.3.2. Market Share & Forecast
9.6.3.2.1. By Type
9.6.3.2.2. By End Industry
10. South America Polyurethane (PU) Coatings Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By End Industry
10.2.3. By Country
10.3. Competition Outlook
10.4. Prising Analysis
10.5. Customer Analysis
10.6. South America: Country Analysis
10.6.1. Brazil Polyurethane (PU) Coatings Market Outlook
10.6.1.1. Market Size & Forecast
10.6.1.1.1. By Value & Volume
10.6.1.2. Market Share & Forecast
10.6.1.2.1. By Type
10.6.1.2.2. By End Industry
10.6.2. Argentina Polyurethane (PU) Coatings Market Outlook
10.6.2.1. Market Size & Forecast
10.6.2.1.1. By Value & Volume
10.6.2.2. Market Share & Forecast
10.6.2.2.1. By Type
10.6.2.2.2. By End Industry
10.6.3. Colombia Polyurethane (PU) Coatings Market Outlook
10.6.3.1. Market Size & Forecast
10.6.3.1.1. By Value & Volume
10.6.3.2. Market Share & Forecast
10.6.3.2.1. By Type
10.6.3.2.2. By End Industry
11. Middle East and Africa Polyurethane (PU) Coatings Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.2. By End Industry
11.2.3. By Country
11.3. Competition Outlook
11.4. Prising Analysis
11.5. Customer Analysis
11.6. MEA: Country Analysis
11.6.1. South Africa Polyurethane (PU) Coatings Market Outlook
11.6.1.1. Market Size & Forecast
11.6.1.1.1. By Value & Volume
11.6.1.2. Market Share & Forecast
11.6.1.2.1. By Type
11.6.1.2.2. By End Industry
11.6.2. Saudi Arabia Polyurethane (PU) Coatings Market Outlook
11.6.2.1. Market Size & Forecast
11.6.2.1.1. By Value & Volume
11.6.2.2. Market Share & Forecast
11.6.2.2.1. By Type
11.6.2.2.2. By End Industry
11.6.3. UAE Polyurethane (PU) Coatings Market Outlook
11.6.3.1. Market Size & Forecast
11.6.3.1.1. By Value & Volume
11.6.3.2. Market Share & Forecast
11.6.3.2.1. By Type
11.6.3.2.2. By End Industry
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Akzo Nobel N.V.
14.2. PPG Industries
14.3. Sherwin Williams
14.4. RPM International Inc
14.5. Axalta Coating Systems
14.6. Asian Paints Limited
14.7. BASF Se
14.8. Bayer Materialscience
14.9. Jotun A/S
14.10. Valspar Corporation
14.11. Evonik Industries AG
14.12. Covestro AG
14.13. Solvosol
14.14. Endura
15. Strategic Recommendations16. About Us & Disclaime

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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
  • Evonik Industries AG
  • Covestro AG
  • Solvosol
  • Endura