Press release
Europe Waterborne Polyurethane Coatings Market To Witness Astonishing Growth – 2026 | Key Players: Akzo Nobel N.V., Axalta Coating Systems, BASF SE
The Europe Waterborne Polyurethane Coatings Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Europe Waterborne Polyurethane Coatings market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Europe Waterborne Polyurethane Coatings market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Europe Waterborne Polyurethane Coatings market.The Europe Waterborne Polyurethane Coatings market is expected to grow at a CAGR of over 5% during the forecast period.
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Top Leading Companies of Europe Waterborne Polyurethane Coatings Market are - Akzo Nobel N.V., Axalta Coating Systems, BASF SE, DAW SE, Hempel, IVM Chemicals SRL, Jotun, Polycoat Products, PPG Industries Inc., RPM International Inc., The Sherwin-Williams Company and others.
Key Market Trends:
Consistent Growth of European Wood Furniture Industry
- Waterborne polyurethane (PU) coatings are widely used on wood and furniture. Unlike solvent-based coatings, waterborne polyurethane wood coatings maintain a high degree of elasticity over time, which allows the paint film to follow the movements of the wood without being damaged.
- In terms of coating of furniture and furnishing components, the aesthetic result is fundamental. Coating wood with waterborne PU resins helps in attaining finishes that are indistinguishable from those obtained with solvent-based products. This is primarily due to their appearance and softness.
- Moreover, over the past few years, there is rising environmental awareness and people are highly attentive regarding the health of operators and end customers. Furniture with an eco-compatible finish is gaining prominence, and generates the lowest possible emission of solvents, both, during coating and during the slow final drying phase.
Germany to Dominate the Market
- The German economy is the largest in Europe, and fifth largest in the world. The economic growth of the country is affected by various factors, such as trade tensions leading to reduced exports and tariff disputes triggered by the US government. Among major commodity groups, the largest gains occurred in sales of motor vehicles, machinery and equipment, electric equipment and computers, electronics, and optical products. In 2019, the German economy grew by about 0.6%, which was its weakest growth rate in the last six years.
- Manufacturing is the most important sector in Germany, and accounts for about 80% of the total industrial production. The largest segments related to manufacturing include machinery and equipment, automotive, basic metals and fabricated metal products, computers, and electronic and electrical equipment.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Europe Waterborne Polyurethane Coatings Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Europe Waterborne Polyurethane Coatings Market (%),2016 - 2026
- Europe Waterborne Polyurethane Coatings Market Share, By Brand
- Europe Waterborne Polyurethane Coatings Market Share, By Company
- Europe Waterborne Polyurethane Coatings Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Europe Waterborne Polyurethane Coatings Market Value Analysis & Forecast
- Promising Europe Waterborne Polyurethane Coatings Development by Major Companies
- Detailed Europe Waterborne Polyurethane Coatings Portfolio of the Major Companies
- Major Deals in the Europe Waterborne Polyurethane Coatings Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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