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POLYURETHANE COATING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Polyurethane Coating Market By Type (Solvent-Based Polyurethane Coatings, Water-Based Polyurethane Coatings, and UV-Cured Polyurethane Coatings), By Application (Architectural Coatings, Automotive Coatings, Industrial Coatings, Wood & Furniture Coatings, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Sep 2024
  • Code : CMI7417
  • Pages :135
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials

Market Concentration and Competitive Landscape

Polyurethane Coating Market Concentration By Players

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Superior Properties Like Abrasion Resistance, Excellent Adhesion and Durability

Another key growth driver for the global polyurethane coating market is the set of superior functional properties exhibited by these coatings. Polyurethane coatings demonstrate unparalleled resistance to abrasion, impact and wear due to their tough, flexible and elastic nature. Even with prolonged usage or application in adverse conditions, polyurethane coating films retain their protective capability. This can prolong the lifecycle of assets substantially. Furthermore, polyurethane coatings possess superb adhesive qualities which allow them to form extremely strong bonds with virtually any type of surface. Their adhesion remains unaffected by weathering exposure, moisture, temperature fluctuations, or surface imperfections.

Additionally, polyurethane coatings are extremely durable and can withstand corrosion or degradation when used in outside environments for extended time periods. Important properties like UV resistance, corrosion protection, and chemical resistance ensures polyurethane coatings do not degrade or discolor even after years of service. Whether as roof coatings, floor coatings, or general industrial coatings, their toughness and durability holds up applications with minimal maintenance. The blend of barrier protection and sustainability translates to reduced total cost of ownership for asset owners. All these advanced performance strengths have made polyurethane coatings preferred over alternative chemistries in protective industrial applications as well as maintenance, repair and overhaul activities.

Key Players Insights
  • Akzo Nobel N.V.
  • PPG Industries, Inc.
  • The Sherwin-Williams Company
  • DOW
  • Axalta Coating Systems
  • BASF SE
  • Jotun
  • RPM International Inc.
  • Asian Paints
  • Covestro AG
  • Huntsman International LLC
  • Nippon Paint Holdings Co., Ltd.
  • Mitsubishi Chemical Corporation
  • Masco Corporation
  • Kansai Paint Co., Ltd.
  • Beckers Group
  • Hempel A/S
  • Sika AG
  • RTP Company
  • Lubrizol Corporation

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