openPR Logo
Press release

Growth Opportunities in PU Coatings Market: New Research Report 2014-2020

12-08-2017 05:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Growth Opportunities in PU Coatings Market: New Research Report

Polyurethanes are manufactured from reaction of polyols (polyester, polyether polyols) with polyisocynates such as MDI and TDI. In case of PU coatings, polyols are first converted to stock coatings and are then mixed with polyisocynates cross linker before processing thus offering two component system. The properties of the coatings can be adjusted according to polyol used in manufacturing and crosslinker selected. Polyurethane coatings offer various characteristics such as high performance coatings with low temperature curing, excellent abrasion and corrosion resistance, high flexibility, higher durability, pleasing optical properties and good weathering features. Polyurethane coatings are one of the emerging sectors in global paints and coatings industry. In spite of these features, the cost associated with PU coatings is higher as compared to other coatings available in the market. On the basis of formulations, the market for PU coatings is divided as PU water borne coatings, PU solvent borne coatings, PU powder coatings and PU high solids coatings among others. PU solvent borne coatings had the largest market share in PU coatings market however, there is likely to be more demand for PU waterborne coatings in near future owing to lower VOC content.

The main driver for the global PU coatings market is huge automotive industry. PU coatings are majorly consumed in automotive and transportation industry especially, ships and automobile. PU coatings offer various characteristics to the surfaces such as anti-corrosion and anti-abrasion along with durability and higher performance. In addition, PU coatings make the texture glossier, easy-to-clean and soft-touch. Other major outlets for the PU coatings market are wood furniture, construction, electronics, textile and industrial applications among others. Wood furniture and construction industry are likely to be the emerging markets for PU coatings over the forecast period. Technological advancements and capacity expansions are likely to offer major opportunities for the PU coatings market in upcoming years. Although, stringent environmental regulations and fluctuating prices associated with the use of raw materials can act as a major restraint for the PU coatings market in next few years to come.

Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-148

In terms of demand, Asia Pacific was the leading region for the PU coatings market and accounted for more than half the global demand for PU coatings. The demand in this region was mainly driven by automotive and transportation industry. Increasing standard of living and rise in per capita incomes of the consumers is likely to be major factor for driving automotive industry indirectly helping the PU coatings market to grow in this region. China was the major consumer for PU coatings in this region owing to huge demand from manufacturing sector. Other major countries such as India and Japan are likely to exhibit higher demand for PU coatings in few years. Asia Pacific was followed by Europe. Increasing demand from automotive and wood furniture industry were the major drivers for PU coatings in this region. Germany and the UK had the largest demand for PU coatings in this region. Automotive refinishes have been the major application for PU coatings in these regions. Europe was closely followed by North America which has huge demand for PU coatings, especially PU powder coatings from various end-user industries such as wood furniture and construction industry. The U.S. dominated the PU coatings market in this region. The Rest of the World is anticipated to show potential growth for the PU coatings market in upcoming years. The market share for PU coatings is least in The Rest of the World region due to lack of penetration in major manufacturing industries.

The market for PU coatings is concentrated and is dominated by global manufacturers in various regions. Some of the major manufacturers in the PU coatings market are Akzo Nobel N.V., Axalta Coatings Systems, BASFSE, PPG Industries and Sherwin-Williams among others.

Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-148

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

ABOUT US:
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.

CONTACT
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: http.futuremarketinsights.com

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 Growth Opportunities in PU Coatings Market: New Research Report 2014-2020 here

News-ID: 850934 • Views: 127

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

All 5 Releases


More Releases for Coatings

Silicone Coatings Market
Global Silicone Coatings Market: Overview Silicones are commonly used by the coating industry to improve its protective and preservative attributes. Resins as binders or polymers as additives are two types of silicone products used to produce silicone coatings, which are primarily used for paint and coatings to enhance aging of the paint and wettability for easier application. With silicone coatings, manufacturers in the industries of automotive and construction achieve desirable scratch,
Global Industrial Coatings Market Information-by Types (water based coatings, po …
Market Overview: The market for industrial coatings is growing rapidly due to rise in demand from end user industries such as construction, automobile, medical & health care, marine and oil & gas. Suppliers from industrial coating market are looking for innovation and are focusing more on eco-friendly products. Hence, with enhanced characteristics such as more service life, corrosion resistance and technology innovation focused on bio-based products will boost the industrial
Passive Fire Protection Coatings
To ensure proper protection against fire accidents, passive fire protection coatings are extensively being used in various industries such as construction, oil & gas, transportation, and many more. These coating are added to steel structures so that they can withstand fire and prevent the structures from reaching extreme temperatures wherein there is a threat of collapsing. They are specifically used in high-rise buildings or sports stadium and complex and many
Textile Coatings Market
The process of depositing a resin over a textile substrate either on one or two sides is known as textile coating. Textile coating produces a new structure which acquires best properties of substrate and the coating product. One of the most common method used for textile coatings is direst coating in which one or more several layers of PVC, acrylic resins, polyurethane etc. are applied over the textile substrate suing
Global Abrasion Resistant Coatings Market 2017 - Oxide Coatings, Carbide Coating …
Worldwide Abrasion Resistant Coatings 2017 Research Report presents a professional and complete analysis of Global Abrasion Resistant Coatings Market on the current situation. In the first part, the report provides a general overview of the Abrasion Resistant Coatings industry 2017 including definitions, classifications, Abrasion Resistant Coatings market analysis, a wide range of applications and Abrasion Resistant Coatings industry chain structure. The 2017's report on Abrasion Resistant Coatings industry offers the global
Anti-Reflective Coatings Market
An anti-reflective coating is an optical coating that is applied on any lens surface or optical element to reduce the reflection. In a typical imaging system, this improves efficiency as much less light is lost. While the primary benefit is the reduced reflection itself, an anti-reflective coating on something like a pair of spectacles helps make the wearer’s eyes more visible, aiding eye contact. It also helps reduce the glint