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Soft Touch Polyurethane Coatings Market Share, Growth, Trend, SWOT analysis, Key Strategies, Top Companies Analysis And Global Forecast (2023-2032)
Soft Touch Polyurethane Coatings Market
Soft Touch Polyurethane Coatings Market Size, Growth Rate, And Forecast
The global soft touch polyurethane coatings market size is expected to grow from $9.32 billion in 2022 to $10.11 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The soft touch polyurethane coatings market size is expected to grow to $13.51 billion in 2027 at a CAGR of 7.5%.
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Soft Touch Polyurethane Coatings Market Drivers
The expansion of the automotive industry is expected to propel the growth of the soft-touch polyurethane coatings market. Rapid urbanization and global automakers' expansion into emerging markets drive industry growth. The development has been fueled by strong government support, allowing it to carve a distinct path among manufacturing sectors. Such support and expansion of the automotive industry compel the soft-touch polyurethane coatings market to develop better products to provide greater customer service.
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Soft Touch Polyurethane Coatings Market Segments
By Base Type: Water-based, Solvent-based
By Product Type: 2K, UV
By End-Use: Automotive, Aerospace, Electrical and Electronic, Furniture, Packaging, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Soft Touch Polyurethane Coatings Market.
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Soft Touch Polyurethane Coatings Market Key Players
Major competitors in the Soft Touch Polyurethane Coatings Market include The Sherwin Williams Company, Akzo Nobel NV, PPG Industries Limited, RPM International Inc., Aexcel Corporation, Sokan New Materials, Jotun AS.
The Business Research Company's "Global Soft Touch Polyurethane Coatings Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Soft Touch Polyurethane Coatings Market Include:
1. Executive Summary
2. Soft Touch Polyurethane Coatings Market Characteristics
3. Soft Touch Polyurethane Coatings Market Trends And Strategies
4. Soft Touch Polyurethane Coatings Market - Macro Economic Scenario
5. Soft Touch Polyurethane Coatings Market Size And Growth
……
26. Africa Soft Touch Polyurethane Coatings Market
27. Soft Touch Polyurethane Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Soft Touch Polyurethane Coatings Market
29. Soft Touch Polyurethane Coatings Market Future Outlook and Potential Analysis
30. Appendix
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