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Polyurethane Coatings Market Overview:The global polyurethane coatings market is predicted to grow at a 7.3% CAGR over the forecast period (2018-2023), states the new Market Research Future (MRFR) report. A polyurethane coating, simply put, is a layer of polyurethane which is applied to the surface of the material to protect it. This coating helps to protect the base material against abrasion, weathering, corrosion, and other processes which may degrade the material with time. Polyurethane coatings are of different types, including muted, glossy, transparent, and opaque. It has excellent properties such as high optical properties, good weathering features, high flexibility, higher durability, low-temperature curing, and high corrosion and abrasion resistance, among others.
The global polyurethane coating market is rapidly changing owing to the moves by leading players, continuous developments, product launches, joint ventures, mergers and accusations, and more. The above factors show that the global polyurethane coatings market for wood and furniture globally is mounting and will drive for more demand for polyurethane coating in the future timeline.
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Polyurethane Coatings Industry News:
August 2019: A team of chemists in Illinois is creating an eco-friendly polyurethane, a polymer that is hard to recycle which is used in various daily products. The molecules which make the polyurethane are tweaked so that after their initial purpose is served, these can be converted into useful materials as well as given another life.
Polyurethane Coatings Market Key Players:
Leading players profiled in the polyurethane coatings market report include Evonik Industries AG (Germany), Jotun A/S (Norway), Covestro AG (Germany), BASF SE (Germany), Asian Paints Limited (India), Axalta Coating Systems, LLC (US), PPG Industries, Inc. (US), Sherwin Williams Company (US), Valspar Corporation (US), and Akzo Nobel NV (Netherlands), among others. Key players are incorporating various strategies to create a foothold in the market such as partnerships, research and development, expansions, mergers and acquisitions, and more.
Polyurethane Coatings Market Segmentation:
The MRFR report provides a complete segmental analysis of the polyurethane coatings market on the basis of end use industry and technology.
Based on technology, the polyurethane coatings market is segmented into powder, spray, water-borne, solvent-borne, and others.
Based on end use, the polyurethane coatings market is segmented into electronics, construction, household, aerospace, automotive, and others. Of these, the automotive segment will lead the market over the forecast period.
Polyurethane Coatings Market Regional Analysis:
By region, the polyurethane coatings market report covers the latest trends and growth opportunities across the Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa. Of these, the APAC region will lead the market over the forecast period. This is owing to its growing demand in different applications, especially in the construction, electrical, aerospace, and automotive industry in Japan, India, and China. Besides, the burgeoning demand for polyurethane coatings in the construction industry in Thailand, Indonesia, and India are also predicted to boost the market growth. Moreover, the growth of electric cars in China, the growing automotive industry, and increasing industrialization, are also propelling the market growth in this region.
More factors such as an increase in the consumption of polyurethane coatings market in the North America region has eventually garnished tremendously. Then, the third largest market of polyurethane coatings in Europe, whereas, Latin America and the Middle East have also witnessed splendid growth of polyurethane coatings market owing to various applications such as automotive, aerospace industry, construction, electronics industry, and more.
Polyurethane Coatings Market Table Of Contents:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Polyurethane Coatings Market
Polyurethane Coatings Market Table Of Contents to be Continue……,
Polyurethane Coatings Market List Of Tables:
Table 1 World Population: By Major Regions (2016 To 2030) (Million)
Table 2 Global Polyurethane Coatings Market: By Region, 2016-2023 (Kilo Tons)
Table 3 North America Polyurethane Coatings Market: By Country, 2016-2023 (Kilo Tons)
Table 4 Europe Polyurethane Coatings Market: By Country, 2016-2023 (Kilo Tons)
Table 5 Asia-Pacific Polyurethane Coatings Market: By Country, 2016-2023 (Kilo Tons)
Polyurethane Coatings Market List Of Tables to be Continue……,
Polyurethane Coatings Market List Of Figures:
FIGURE 1 Global Polyurethane Coatings Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis Of Global Polyurethane Coatings Market
FIGURE 4 Value Chain Of Global Polyurethane Coatings Market
FIGURE 5 Share Of Global Polyurethane Coatings Market In 2017, By Country
Polyurethane Coatings Market List Of Figures to be Continue……,
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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), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/polyurethane-coatings-market-2976
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