Press release
Global Trends Overview: The Rapid Evolution of the Soft Touch Polyurethane Coatings Market
Soft Touch Polyurethane Coatings Market
Forecasted Market Valuation and Growth Outlook for Soft Touch Polyurethane Coatings
The market for soft touch polyurethane coatings is projected to grow significantly, reaching a valuation of $16.78 billion by 2030. This expansion corresponds to a compound annual growth rate (CAGR) of 7.9%. Several factors contribute to this upward trend, including the rising preference for environmentally friendly coating formulations, heightened demand from electric vehicle interiors, growth in premium furniture production, increased usage in electronic device casings, and rising investments in cutting-edge coating technologies. Key trends expected to influence market growth include the adoption of premium interior coatings, a surge in demand for scratch-resistant soft-touch finishes, expanded application in automotive interiors, growth of water-based polyurethane systems, and greater emphasis on coatings with enhanced UV and heat resistance.
Download a free sample of the soft touch polyurethane coatings market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8116&type=smp&utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Leading Companies Shaping the Soft Touch Polyurethane Coatings Industry
The competitive landscape of the soft touch polyurethane coatings market features prominent industry players such as PPG Industries Inc., Akzo Nobel N.V., BASF SE, Covestro AG, Axalta Coating Systems, The Sherwin-Williams Company, Kansai Paint Co., Ltd., Nippon Paint Holdings Co., Ltd., Jotun Group, Hempel A/S, Berger Paints India Limited, RPM International Inc., Allnex Group, Beckers Group, Asian Paints Limited, Masco Corporation, ICA Group, Teknos Group, Mankiewicz Gebr. & Co. (GmbH & Co. KG), and Sika AG.
A notable collaboration occurred in February 2024 when BASF, the German chemicals giant, partnered with UK-based INEOS Automotive. The joint effort focuses on developing sustainable refinishing solutions and advanced digital color matching technologies, aiming to strengthen innovation within the automotive sector.
Emerging Trends Driving Innovation in the Soft Touch Polyurethane Coatings Market
Companies in this sector are prioritizing the development of novel paint protection film (PPF) products to capture new market opportunities. PPF is a thermoplastic urethane film applied to vehicle exteriors to shield against damage caused by stone chips, bug splatter, road debris, bird droppings, and other contaminants.
For example, in May 2023, Germany's Covestro AG introduced its Desmopan UP TPU series, a high-performance thermoplastic polyurethane tailored specifically for paint protection films. This product boasts exceptional UV stability, resistance to hydrolysis and chemicals, and superior optical clarity. The Desmopan UP series is designed to offer long-lasting protection, weather resilience, and impact resistance, while its flexibility allows it to accommodate complex vehicle shapes and surfaces efficiently.
View the full soft touch polyurethane coatings market report:
https://www.thebusinessresearchcompany.com/report/soft-touch-polyurethane-coatings-global-market-report?utm_source=OpenPR&utm_medium=Paid&utm_campaign=Feb_PR
Detailed Segmentation Within the Soft Touch Polyurethane Coatings Market
The soft touch polyurethane coatings market is segmented in the report by several dimensions:
1) Base Type: Water-Based and Solvent-Based
2) End-Use Applications: Automotive, Aerospace, Electrical and Electronic, Furniture, and Other End-Users
3) Application Areas: Interior Automotive Components, Consumer Electronics Casings, Furniture and Decorative Surfaces, Aerospace Interior Components, Industrial Equipment and Tools, and Other Applications
Further subcategories include specific types within the base types, such as Aliphatic Polyurethane and Polyurethane Dispersions (PUDs) under Water-Based coatings, and Aliphatic Polyurethane and Two-Component Solvent-Based Systems under Solvent-Based coatings.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Trends Overview: The Rapid Evolution of the Soft Touch Polyurethane Coatings Market here
News-ID: 4389355 • Views: …
More Releases from The Business Research Company
Passive Fire Protection Market Overview, Current Trends, and Key Player Analysis
The passive fire protection market is on track for significant expansion, driven by growing urban development and heightened safety standards. This sector is evolving rapidly as new technologies and stricter regulations push demand for effective fire safety measures across various industries. Let's explore the forecast, key players, emerging trends, and market segments shaping this vital industry.
Projected Growth Outlook for the Passive Fire Protection Market by 2030
The global passive…
Key Players and Competitive Dynamics in the Oil-Based Printing Inks Market
The oil-based printing inks market is poised for steady expansion over the coming years, driven by evolving industry demands and sustainability initiatives. As the printing sector adapts to new regulatory and consumer preferences, this market is set to experience notable growth and innovation. Let's explore the market's size projections, leading players, emerging trends, and key segments to understand the dynamics shaping its future.
Forecasted Market Size and Growth for Oil-Based Printing…
Leading Companies Enhancing Their Presence in the Superabsorbent Polymers Market
The superabsorbent polymers market is positioned for remarkable expansion in the coming years, driven by a variety of factors from healthcare demands to industrial applications. As innovation and sustainability become critical, this market is attracting significant attention from industry leaders and emerging players alike. Let's explore the market's size, key drivers, leading companies, emerging trends, and detailed segmentation to understand its future trajectory.
Projected Market Size and Growth Dynamics of the…
Leading Companies Fueling Growth and Innovation in the Packaging Resins Market
The packaging resins market is positioned for substantial advancement in the coming years as industries increasingly prioritize sustainability and innovation. With evolving consumer demands and regulatory pressures, this sector is evolving rapidly to meet new packaging requirements, offering numerous growth opportunities. Let's explore the market size projections, key players, emerging trends, and detailed segmentation shaping the packaging resins industry.
Forecasted Expansion of the Packaging Resins Market by 2030
The packaging…
More Releases for Polyurethane
Evolving Market Trends In The Polyurethane Sealants (PU) Industry: Polyurethane …
The Polyurethane Sealants (PU) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Polyurethane Sealants (PU) Market Size During the Forecast Period?
The Polyurethane Sealants (PU) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025…
Polyurethane Sealants Market Report 2024 - Polyurethane Sealants Market Trends, …
"The Business Research Company recently released a comprehensive report on the Global Polyurethane Sealants (PU) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The polyurethane sealants (pu)…
Africa MDI, TDI, Polyurethane Market will reach USD 839.96 million by 2030, By A …
Polyurethane is a thermoplastic polymer, which fits in the NHCOO group and mostly use to make elastomers, fillers, and adhesives. Diisocyanates are joined with polyols and additional compounds to make polyurethanes, which provide hardiness and stiffness in elastomers and are accessible in stiff and flexible foam forms. Polyurethanes are utilized in different commercial and manufacturing industries. Toluene diisocyanate (TDI) and methylene diphenyl diisocyanate (MDI) are major basic ingredients.
View Detailed Report:…
Modifiers for Polyurethane Resins Market Enhancing Performance and Versatility o …
Global Modifiers for Polyurethane Resins Market Overview:
The Modifiers for Polyurethane Resins market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Modifiers for Polyurethane Resins market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Global Thermoplastic Polyurethane Films (TPU) Market 2020 Growth Rate - BASF SE, …
An informative study named Global Thermoplastic Polyurethane Films (TPU) Market 2020 by Manufacturers, Type and Application, Forecast to 2025 has lately been released for the database of MarketsandResearch.biz that offers detailed research and analysis of key aspects of the global market. The report helps clients by making business conclusions and shapes the future of the organizations. It supplies a comprehensive analysis of business aspects like global Thermoplastic Polyurethane Films (TPU)…
Global Bio Polyurethane (Bio-based Polyurethane) Market, Incredible Possibilitie …
Qyresearchreports include new market research report "Global Bio Polyurethane (Bio-based Polyurethane) Market Insights,Forecast to 2025" to its huge collection of research reports.
The objectives of compiling this business intelligence study have been to introduce the current scenario of the global Bio Polyurethane (Bio-based Polyurethane) market and its future prospects. Consequently, the report provides detailed information pertaining to factors that will determine the prosperity of the market as well as curtail its…
