Soft touch Polyurethane Coatings Market will Register a CAGR of 7.2 through 2025
Key Factors Driving the Global Soft touch Polyurethane Coatings Market
Soft touch polyurethane coatings find wide-ranging applications in automotive and aircraft interior components, interior wood surfaces (furniture, trim, doors) and consumer electronic devices such as mobile phones, TV, laptop and computer cases. These coatings also find applications in cosmetic cases and kitchenware.
View and Download TOC of Soft touch Polyurethane Coatings Market Research Report@ https://www.futuremarketinsights.com/reports/soft-touch-polyurethane-coatings-market/toc
Over the last decade, increasing consumer demand for fuel-efficient vehicles and various environmental regulations regarding carbon emissions has influenced automakers to opt for lighter materials. Most metal interior components of automobiles are being replaced by plastic materials, such as Acetonitrile Butadiene Styrene (ABS). These plastic materials need to be coated in order to have organoleptic properties. This increased use of plastics in automobile interiors has led to an increase in demand for soft touch polyurethane coatings as a suitable option, owing to properties such as resistance to yellowing, scratching, abrasion and chemicals. Soft touch polyurethane coatings are widely used in the automobile industry to coat interior components such as arm rest, door trims, airbags compartments, steering wheel and front panels.
Government regulations and environmental concerns around the world is influencing coating industry players to develop coating with low or no volatile organic content (VOC). Until recently, solvent-based, two component system, was the most widely used coating. However, it has high VOC content as compared to water-based coating. Water-based low VOC content coating is formulated using low molecular weight polymers and reactive diluents. This has led to increase in development of water-based PU soft feel coatings customised as per requirements in various end-use industries such as automotive, wood & furniture and electronics.
Request and Download Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1439
The global soft touch polyurethane coatings market is segmented on the basis of base type, product type and end-use industry.
On the basis of base type, the global soft touch polyurethane coatings market is segmented into water-based and solvent-based soft touch polyurethane coatings.
Among base types, the solvent-based soft touch polyurethane coatings segment accounts for a major share in the global market. However, water-based soft touch polyurethane coatings segment is expected to gain traction and expand at highest CAGR in terms of value over the forecast period. Key players in this market are also shifting their focus from solvent-based to water-based soft touch polyurethane coatings due to the stringent environmental regulations pertaining to limit the volatile organic compound (VOC) emissions. In Asia Pacific, solvent-based soft touch polyurethane coatings are mainly preferred.
On the basis of product type, the global soft touch polyurethane coatings market is segmented into 2K and UV coating systems. Each of this product type is further segmented in water-based and solvent-based coatings.
On the basis of end-use industry, the global soft touch polyurethane coatings market is segmented into transport and automotive, electrical and electronics, wood and furniture and others (measuring devices, packaging).
In 2014, the transport and automotive segment accounted for the 37% market value share. Most industries such as automotive, electronics and packaging are much focused towards offering products with improved surface properties such as warm touch and rich look. These properties play an important role in buying behaviour of customers. Increasing disposable income in developed and developing countries is driving consumer spending on high end premium goods.
Key playersin the global soft touch polyurethane coatings market include PPG Industries Inc., AkzoNobel N.V., RPM International Inc., The Sherwin Williams Company, Aexcel Corporation, Axalta Coatings Systems Ltd., Sokan New Materials and Jotun AS.
Buy Full Soft touch Polyurethane Coatings Market Report@ https://www.futuremarketinsights.com/checkout/1439
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
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 Soft touch Polyurethane Coatings Market will Register a CAGR of 7.2 through 2025 here
News-ID: 736636 • Views: 78
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Soft
Solution-Soft Announces Subscription Pricing
Back in February, Solution-Soft announced subscription pricing for the first time. The announcement came on the heels of Time Machine’s twentieth anniversary, which is being celebrated this year. With immense demand from their customer install base, Solution-Soft wants to remind its customers that this offer is here to stay. The product offered in this new subscription is the innovative and groundbreaking Time Machine Product Suite, which includes Sync Server,
Soft Drinks in the US
In 2016, bottled water overtook carbonates to become the leading soft drinks category in off-trade volume terms, an astonishing milestone a decade in the making. While the carbonates category has experienced an annual volume sales decline since 2003, bottled water grew every year except 2009. This shift has been largely driven by increasing consumer concerns about the added sugar and artificial sweeteners contained in carbonates, with these contributing to various
Soft Drinks in the Philippines
ReportsWeb.com has announced the addition of the “Soft Drinks in the Philippines” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. The Philippine soft drinks industry generated stronger growth in 2016 thanks to increasing disposable incomes. Total current value growth was higher than total volume growth at industry level in 2016, a trend which reflects the shift towards smaller pack sizes,
Global Soft Tissue Allografts Market
The soft tissue allografts market is the largest contributor towards the overall allografts market and is expected to grow progressively over the next few years. An allograft is a graft of tissue obtained from genetically dissimilar donors of the same species. Human soft tissue and bone allografts are being increasingly employed in various orthopedic and general surgical procedures. According to the Musculoskeletal Transplant Foundation, it has been estimated that almost
Texas (USA), Canada (Toronto) & India (Business Network)— Suma Soft’s BPO for companies in USA, Canada and UK efficiently streamline business processes. Suma Soft has developed an integrated back-office system that assists these companies giving them round the clock support. Credibility & Certification : Suma Soft is an ISO 27001 and 9001 certified company which gives paramount importance to security, accuracy and quality while delivering BPO support services. We have a
Beta Soft Registers Steady Rise
Beta Soft registers steady IT rise By Martin Desmarais Dated: May 25, 2010 Founded in May 2005 by husband and wife Vishal and Rita Mangla, Beta Soft has been on a steadily rocketing revenue track – rising from $1 million in its first year, to $4 million in 2006 and $6.5 million last year. Beta Soft registers steady IT rise Bay Area company ramps up with recent SBA certification By Martin Desmarais Beta Soft Systems CEO Ritu Mangla. FREMONT, Calif.