
Polyurethane Coating Market is a layer of polymer that is applied to the surface of a material to protect it from corrosion and weathering. Polyurethane coating holds high durability and toughness. It is inflammable, so it can be used in places where combustion occurs. Polyurethane coating should be prevented from ultraviolet light exposure because it may damage the coating. According to Food and Agricultural Organization of the United Nation, in 2016, the growth rate of the wood sector was double as compared to 2015 due to higher demand for renewable energy and global economic development, this positive trend is likely to continue through 2017 and 2018. This above factor shows that the market for wood and furniture around the globe is growing and will drive the demand for Polyurethane Coating.
The Global Polyurethane Coating Market is expected to reach USD 3820.33 KT by 2025, from USD 2508.24 KT in 2017 growing at a CAGR of 5.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Competitive Analysis: Global Polyurethane Coating Market
The other players in the market are Eastman Chemical Company, Nippon Polyurethane Industry Corp Ltd., Recticel S.A., VCM Polyurethanes Pvt. Ltd, VVC Paints, Premium Coatings And Chemicals Pvt Ltd., Decken Coatings., Tuff Coat Polymers Pvt. Ltd, Royal Adhesives & Sealants., llinois Tool Works Inc, PPG Industries Ohio, Inc., The Sherwin-Williams Company, Woodbridge Foam Corporation., DIC CORPORATION, RTP Company, The Lubrizol Corporation, Rampf Holding GmbH & Co. KG, and many more.
Key Pointers Covered in the Global Polyurethane Coating Market Trends and Forecast to 2026
- Global Polyurethane Coating Market New Sales Volumes
- Global Polyurethane Coating Market Replacement Sales Volumes
- Global Polyurethane Coating Market Installed Base
- Global Polyurethane Coating Market By Brands
- Global Polyurethane Coating Market Size
- Global Polyurethane Coating Market Procedure Volumes
- Global Polyurethane Coating Market Product Price Analysis
- Global Polyurethane Coating Market Healthcare Outcomes
- Global Polyurethane Coating Market Cost of Care Analysis
- Global Polyurethane Coating Market Regulatory Framework and Changes
- Global Polyurethane Coating Market Prices and Reimbursement Analysis
- Global Polyurethane Coating Market Shares in Different Regions
- Recent Developments for Global Polyurethane Coating Market Competitors
- Global Polyurethane Coating Market Upcoming Applications
- Global Polyurethane Coating Market Innovators Study
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Market Drivers:
- High demand from Asia-Pacific
- Expansion of automotive & shipbuilding industries
- High demand for building insulation in light of sustainability concerns
Market Restraint:
- Growing environmental concerns
- Market of the European economy is stagnant
Scope of the Polyurethane Coating Market
- Global Polyurethane Coating Market, By Type (Water-borne, High Solids, Powder, Solvent-borne, Others), By End User (Wood & Furniture, Industrial, Textile, Construction, Automotive & Transportation, Electrical & Electronics, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
- The Global Polyurethane Coating Market is expected to reach USD 3820.33 KT by 2025, from USD 2508.24 KT in 2017 growing at a CAGR of 5.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
- Polyurethane coating is a layer of polymer that is applied to the surface of a material to protect it from corrosion and weathering. Polyurethane coating holds high durability and toughness. It is inflammable, so it can be used in places where combustion occurs. Polyurethane coating should be prevented from ultraviolet light exposure because it may damage the coating. According to Food and Agricultural Organization of the United Nation, in 2016, the growth rate of the wood sector was double as compared to 2015 due to higher demand for renewable energy and global economic development, this positive trend is likely to continue through 2017 and 2018. This above factor shows that the market for wood and furniture around the globe is growing and will drive the demand for Polyurethane Coating.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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