URETHANE SURFACE COATINGS MARKET ANALYSIS

Urethane Surface Coatings MarketSize and Trends

Market Outlook

Global urethane surface coatings market size is expected to expand significantly, owing to increasing demand for urethane surface coatings during the forecast period (2019-2027). Increasing the use of urethane surface coating in the construction industry is expected to propel the market growth in the near future. Urethane surface coatings offer excellent properties to various surfaces such as wood, glass, and concrete, due to their flexible and elastic properties. This is expected to increase the demand for urethane surface coatings and aid in the market growth. Furthermore, growing innovations in this market from key players around the world are expected to propel growth of the market over the forecast period. Major players are focusing on developing bio-based products to avoid environmental hazards, which is expected to drive the market growth. Moreover, growing innovations in packaging, construction, and transportation industries are expected to accelerate the market growth.