Global Polyurethane Coating Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Substrate;

Metal, Ceramic, Composite, and Others.

By Application Method;

Spray, Brush, and Roller

By End-Use Industry;

Automotive & Transportation, Wood & Furniture, Industrial, Construction, Textile & Apparels, Electrical & Electronics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East, and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn927927962 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Polyurethane Coating Market (USD Million), 2021 - 2031

In the year 2024, the Global Polyurethane Coating Market was valued at USD 21,994.59 million. The size of this market is expected to increase to USD 31,572.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.

The Global Polyurethane Coating Market encompasses a diverse range of applications across various industries, driven by the versatile properties of polyurethane as a coating material. Polyurethane coatings are renowned for their durability, chemical resistance, and aesthetic appeal, making them indispensable in sectors such as automotive, construction, aerospace, and furniture. These coatings offer superior protection against corrosion, weathering, and abrasion, enhancing the longevity and performance of coated surfaces in challenging environments.

In the automotive industry, polyurethane coatings are extensively used for exterior parts, providing a glossy finish, UV protection, and scratch resistance. The construction sector relies on polyurethane coatings for infrastructure projects, where they protect structural elements from moisture and harsh weather conditions while maintaining architectural aesthetics. In the aerospace sector, polyurethane coatings contribute to the lightweighting of aircraft components while offering robust protection against corrosion and wear, crucial for maintaining flight safety and longevity.

The market for polyurethane coatings continues to expand as industries increasingly prioritize performance, sustainability, and regulatory compliance. Innovations in coating formulations, including water-based and high-solids polyurethane coatings, are gaining traction due to their reduced environmental impact and compliance with stringent VOC regulations. As global demand for durable and environmentally friendly coatings grows, the polyurethane coating market is poised for significant growth and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Substrate
    2. Market Snapshot, By Application Method

    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Global Polyurethane Coating Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Durability and Protection
        2. Versatility in Applications
        3. Regulatory Compliance Advancements
        4. Technological Innovations
      2. Restraints
        1. Raw Material Costs
        2. VOC Emission Regulations
        3. Economic Uncertainty
        4. Competition from Alternative
      3. Opportunities
        1. Growing Infrastructure Projects
        2. Automotive Industry Expansion
        3. Advancements in Aerospace
        4. Renewable Energy Initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Polyurethane Coating Market, By Substrate, 2021 - 2031 (USD Million)
      1. Metal, Ceramic
      2. Composite
      3. Others
    2. Global Polyurethane Coating Market, By Application Method, 2021 - 2031 (USD Million)
      1. Spray
      2. Brush
      3. Roller
    3. Global Polyurethane Coating Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Wood & Furniture
      3. Industrial
      4. Construction
      5. Textile & Apparels
      6. Electrical & Electronics
      7. Others.
    4. Global Polyurethane Coating Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Akzo Nobel N.V
      2. PPG Industries, Inc
      3. The Sherwin-Williams Company
      4. Rpm International Inc
      5. Axalta Coating Systems
      6. LLC
      7. Asian Paints
      8. BASF SE
      9. Bayer CropScience Limited
      10. Jotun
      11. The Valspar Corporation
      12. Dow
      13. Covestro AG
      14. Huntsman International LLC
      15. Mitsubishi Chemical Corporation
      16. Eastman Chemical Company
  7. Analyst Views
  8. Future Outlook of the Market