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Polyurethane Resins Paints and Coatings Market

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Global polyurethane resins paints and coatings market size is expected to increase significantly during the forecast period, owing to rising use of polyurethane resins paints and coatings in various industries.
Polyurethane Resins Paints and Coatings Market Size
Report, 2027
Polyurethane resins are manufactured from a reaction between organic
diisocyanate and polyalcohol. They are predominantly used in various industries
including footwear, packaging, surface coatings, furniture, etc. Polyurethane
resin features a number of physical properties namely high gloss, toughness,
durability, and easy cleaning, due to which it has been majorly used in paints
around the globe. Furthermore, polyurethane resins paints are used where high
performance is necessary. For instance, polyurethane resins paint finds
application in warehouses, bridges, industrial plants, oil-rig towers, and
high-temperature coatings. Polyurethane resins paint has a major role where it
protects the surface from abrasion, weathering, and extends durability. It is also
used in automotive industry for painting vehicles as these paints have high
durability.
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Market Regional Analysis
Asia Pacific is projected to gain significant market share in global polyurethane
resins paints and coatings market, increasing demand for polyurethane resins
paints and coatings. Growing expenditure on furniture in emerging economies
such as India and China is expected to boost growth of the market in the near
future. Moreover, North America is expected to witness significant growth,
owing to high presence of key players in the market.
Market Players
Key players operating global polyurethane resins paints and coatings market
include DSM, Henkel, BASF SE, Arkema, and Sherwin Williams.
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Author
pallavi.reddy
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