Global Polyurethane Coatings Market to Reach $48.1 Billion by 2030
The global market for Polyurethane Coatings estimated at US$32.5 Billion in the year 2022, is projected to reach a revised size of US$48.1 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Water-borne, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$18.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solvent-borne segment is readjusted to a revised 5% CAGR for the next 8-year period.The U.S. Market is Estimated at $8.9 Billion, While China is Forecast to Grow at 8.6% CAGR
The Polyurethane Coatings market in the U.S. is estimated at US$8.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.5 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.5 Billion by the year 2030.Select Competitors (Total 36 Featured) -
- Akzo Nobel NV
- Asian Paints Limited
- Axalta Coating Systems, LLC
- BASF SE
- Covestro AG
- Evonik Industries AG
- Jotun A/S
- PPG Industries, Inc
- Sherwin Williams Company
- Valspar Corporation;
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akzo Nobel NV
- Asian Paints Limited
- Axalta Coating Systems, LLC
- BASF SE
- Covestro AG
- Evonik Industries AG
- Jotun A/S
- PPG Industries, Inc
- Sherwin Williams Company
- Valspar Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 32.5 Billion |
Forecasted Market Value ( USD | $ 48.1 Billion |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |