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Polyurethane Coating Market report categorizes the Global market by Application (Wood & Furniture, Automotive & Transportation, and Textile) by Type (High Solids, Powder, and Solvent-borne) & Geography"
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MarketsandMarkets PU Coating Consumption Market worth 2,644.0 KT by 2018 May 2016
PU Coating Consumption Market worth 2,644.0 KT by 2018 The report, “PU Coating Market by Type (Solvent-borne, Water-borne, High Solids, Powder), End Industry (Automotive & Transportation, Wood & Furniture, Industrial, Textile, Construction, Electrical & Electronics) & Geography - Trends & Forecasts to 2018” defines and segments the global PU Coating market with an analysis and forecasting of the global consumption volume and value. Download Informational PDF Brochure: - https://www.marketsandmarkets.com/pdfdownload.asp?id=108831606 Browse more than 76 market data tables with 31 figures spread through 184 pages and in-depth TOC on "PU Coating Market - Trends & Forecasts to 2018" Early buyers will receive 10% customization on report. “Asia-Pacific: The Biggest Market of PU Coating” Asia-Pacific is the world’s largest and fastest-growing market of PU coating, which consumed nearly half of the total demand. China is the key consumers of PU coating in Asia-Pacific, while countries including Japan, South Korea and India have comparatively small consumption levels. Automotive & Transportation and Wood & Furniture end industries segments are driving the demand for PU coating, which in turn is pushing the demand for PU coating within the region. The growing industrial expansions in the region have also led to increased consumption of PU coating. The PU coating market is also up surging due to high penetration of water-borne PU coating and 1- K PU coating systems which have further helped the PU coating market to emerge in the region. Various innovations, developments, and expansions in different industries have in turn made the region a potential growth market for PU coating. “Water-Borne PU Coating: The Fastest Growing Segment by Type” Water-borne PU coatings use water as a base for the solvent, which makes them eco-friendly and easy to apply. Water-borne PU coating is consumed in all the end industries and for all the applications like metal coating, plastic coating, wood coating, fiber coating and others. Water- borne PU coating is the fastest growing PU coating with a CAGR of 7.4% to 2018. The major growth driver for water-borne PU coating is its low VOC content which makes it a preferable coating material in various industries. The water-borne PU coating market has a wide scope for its expansion which in turn would help in increasing consumption of PU coating. Solvent-borne PU coating remains the dominant PU coating type and is expected to be the largest in coming future. Speak to Analyst: -https://www.marketsandmarkets.com/speaktoanalyst.asp?id=108831606 “Automotive & Transportation: The Biggest End-User Industry”
An estimated annual consumption of 944.4 kilo tons in 2012 makes automotive & transportation industry a leading consumer of PU coating. PU coating owing to its properties like inertness to chemicals, resistance to heat, high dielectric strength, weather resistance, and others makes it a suitable coating material to be used for flooring & decking solutions, refinishes, as a basecoat, topcoat and so on which are used in automotive & transportation industry. PU coating is also used majorly in industries like wood & furniture, industrial, construction, electrical & electronics, and textile. AkzoNobel N.V. (The Netherlands), PPG Industries (U.S.), Sherwin Williams (U.S.), Axalta Coating Systems (U.S.), and BASF SE (Germany) are some of the major manufacturers of PU coating. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: newsletter@marketsandmarkets.com