Market Overview:
The global waterborne polyurethane paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for waterborne polyurethane paints from various end-use industries, such as leather, rubber, metal, textile and wood. In terms of volume, Asia Pacific is expected to lead the global waterborne polyurethane paint market during the forecast period.
Product Definition:
Waterborne Polyurethane Paint is a type of paint that uses polyurethane as the main binder. It is important because it is more environmentally friendly than other types of paint, and it also provides better protection against weathering and corrosion.
Polyurethane Emulsion Coating:
Polyurethane (PU) is a polymer, which is extensively used in waterborne polyurethane paint. It has excellent properties such as adhesion, insulation and thermal stability. The product also provides high resistance to abrasion and chemicals.
The global demand for PU-based paints & coatings was estimated at 1,811 kilo tons in 2014.
Polyurethane Dispersion Coating:
Polyurethane dispersion coating is a type of paint that utilizes polyurethane as its base material. It contains numerous ingredients, which contribute to the viscosity of the product and also provide adhesion properties to it. The most significant ingredient in this type of coating is thickeners or dispersants, which are used in very large quantities so as to obtain a proper consistency for use.
Application Insights:
The leather industry was the largest application segment in 2016 and is expected to witness growth over the forecast period. Growing demand for waterborne PU paints in leather industries across the world owing to their superior characteristics, such as high resistance against water, oil & gas stains & corrosion protection is expected to drive product demand.
Rubber industry emerged as a prominent application segment and accounted for 20.0% of global volume in 2016 on account of growing automotive sector across major economies globally which requires large amount of rubber tires annually.
Regional Analysis:
Asia Pacific was the largest market for waterborne polyurethane paints in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from emerging economies, such as China and India. In addition, growing automotive industry in these countries will drive product demand further.
Europe is anticipated to witness a significant rise with CAGR of XX% from 2017 to 2030 owing to high consumption of waterborne coatings in construction sector coupled with rising automotive industry development across Eastern European countries including Russia and Poland.
Growth Factors:
- Increasing demand from the construction industry for waterborne polyurethane paint as a coating material is expected to drive the market growth.
- Rising awareness about the benefits of using waterborne polyurethane paints is projected to fuel market demand over the forecast period.
- Growing use of waterborne polyurethane paints in automotive applications is anticipated to propel market growth in future.
- Stringent environmental regulations regarding VOC emissions are likely to boost adoption of waterborne polyurethane paints, thereby propelling market expansion during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterborne Polyurethane Paint Market Research Report
By Type
Polyurethane Emulsion Coating, Polyurethane Dispersion Coating, Polyurethane Aqueous Solution Coating
By Application
Leather Industry, Rubber Industry, Metal Industry, Textile Industry, Wood Industry
By Companies
Akzo Nobel, Axalta Coating Systems, PPG Industries, The Sherwin-Williams, DowDuPont, Walter Wurdack, Brilliant, Covestro, Epoxies, C. L. Hauthaway & Sons, Akzo Nobel, Sun Polymers International, Akzo Nobel, PPG Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Waterborne Polyurethane Paint Market Report Segments:
The global Waterborne Polyurethane Paint market is segmented on the basis of:
Types
Polyurethane Emulsion Coating, Polyurethane Dispersion Coating, Polyurethane Aqueous Solution Coating
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Leather Industry, Rubber Industry, Metal Industry, Textile Industry, Wood Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Akzo Nobel
- Axalta Coating Systems
- PPG Industries
- The Sherwin-Williams
- DowDuPont
- Walter Wurdack
- Brilliant
- Covestro
- Epoxies
- C. L. Hauthaway & Sons
- Akzo Nobel
- Sun Polymers International
- Akzo Nobel
- PPG Industries
Highlights of The Waterborne Polyurethane Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane Emulsion Coating
- Polyurethane Dispersion Coating
- Polyurethane Aqueous Solution Coating
- By Application:
- Leather Industry
- Rubber Industry
- Metal Industry
- Textile Industry
- Wood Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Waterborne Polyurethane Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Waterborne polyurethane paint is a type of paint that is made from a water-based solution and has the ability to resist water, oil, and grease. It can be used on a variety of surfaces, including wood, metal, plastic, and glass.
Some of the key players operating in the waterborne polyurethane paint market are Akzo Nobel, Axalta Coating Systems, PPG Industries, The Sherwin-Williams, DowDuPont, Walter Wurdack, Brilliant, Covestro, Epoxies, C. L. Hauthaway & Sons, Akzo Nobel, Sun Polymers International, Akzo Nobel, PPG Industries.
The waterborne polyurethane paint market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waterborne Polyurethane Paint Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Waterborne Polyurethane Paint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterborne Polyurethane Paint Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Waterborne Polyurethane Paint Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Waterborne Polyurethane Paint Market Size & Forecast, 2020-2028
4.5.1 Waterborne Polyurethane Paint Market Size and Y-o-Y Growth
4.5.2 Waterborne Polyurethane Paint Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyurethane Emulsion Coating
5.2.2 Polyurethane Dispersion Coating
5.2.3 Polyurethane Aqueous Solution Coating
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Leather Industry
6.2.2 Rubber Industry
6.2.3 Metal Industry
6.2.4 Textile Industry
6.2.5 Wood Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterborne Polyurethane Paint Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Waterborne Polyurethane Paint Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyurethane Emulsion Coating
9.6.2 Polyurethane Dispersion Coating
9.6.3 Polyurethane Aqueous Solution Coating
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Leather Industry
9.10.2 Rubber Industry
9.10.3 Metal Industry
9.10.4 Textile Industry
9.10.5 Wood Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyurethane Emulsion Coating
10.6.2 Polyurethane Dispersion Coating
10.6.3 Polyurethane Aqueous Solution Coating
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Leather Industry
10.10.2 Rubber Industry
10.10.3 Metal Industry
10.10.4 Textile Industry
10.10.5 Wood Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyurethane Emulsion Coating
11.6.2 Polyurethane Dispersion Coating
11.6.3 Polyurethane Aqueous Solution Coating
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Leather Industry
11.10.2 Rubber Industry
11.10.3 Metal Industry
11.10.4 Textile Industry
11.10.5 Wood Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyurethane Emulsion Coating
12.6.2 Polyurethane Dispersion Coating
12.6.3 Polyurethane Aqueous Solution Coating
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Leather Industry
12.10.2 Rubber Industry
12.10.3 Metal Industry
12.10.4 Textile Industry
12.10.5 Wood Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyurethane Emulsion Coating
13.6.2 Polyurethane Dispersion Coating
13.6.3 Polyurethane Aqueous Solution Coating
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Leather Industry
13.10.2 Rubber Industry
13.10.3 Metal Industry
13.10.4 Textile Industry
13.10.5 Wood Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Waterborne Polyurethane Paint Market: Competitive Dashboard
14.2 Global Waterborne Polyurethane Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Akzo Nobel
14.3.2 Axalta Coating Systems
14.3.3 PPG Industries
14.3.4 The Sherwin-Williams
14.3.5 DowDuPont
14.3.6 Walter Wurdack
14.3.7 Brilliant
14.3.8 Covestro
14.3.9 Epoxies
14.3.10 C. L. Hauthaway & Sons
14.3.11 Akzo Nobel
14.3.12 Sun Polymers International
14.3.13 Akzo Nobel
14.3.14 PPG Industries
