Polyurethane (PU) Coatings Market to Grow with a CAGR of 5.21% through 2030
Growth in Construction and Infrastructure is expected
to drive the Global Polyurethane (PU) Coatings Market growth in the forecast
period, 2026-2030.
According to TechSci Research report, “Polyurethane
(PU) Coatings Market - Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2030F”, the Global Polyurethane (PU) Coatings
Market stood at USD 18.26 Billion in 2024 and is anticipated to grow with a
CAGR of 5.21% through 2030. The rising momentum in construction and
infrastructure development remains a significant growth catalyst for the
polyurethane (PU) coatings market. Accelerated urbanization, demographic
shifts, and economic progress particularly in developing regions are driving
increased investment in residential, commercial, and public infrastructure
projects. From large-scale housing initiatives to transportation networks and
smart city developments, these projects demand advanced coating technologies
that ensure durability and long-term surface protection.
PU coatings are highly suitable for these applications
due to their strong resistance to physical wear, environmental exposure, and
chemical degradation. Their adaptability across a wide range of surfaces including
structural steel, flooring, roofing, and wall systems makes them a preferred
choice in modern construction practices. The growing use of off-site
construction and prefabricated systems, which require coatings with fast
application and curing times, is also contributing to market expansion. In
addition, government-led infrastructure spending, aimed at boosting economic resilience
and modernization, continues to create substantial demand for high-performance
coatings. As industry shifts toward greener building practices, there is
increased emphasis on eco-friendly materials. This has led to greater adoption
of low-VOC and water-based PU coatings, aligned with green building
certifications such as LEED and BREEAM. These factors reinforce the critical
role of PU coatings in supporting the long-term growth of the construction and
infrastructure sectors.
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The Global Polyurethane (PU) Coatings Market is
segmented into substrate, end user, regional distribution, and company.
Based on substrate, composite have
emerged as the fastest growing segment in the Global Polyurethane (PU) Coatings
Market in 2024. This trend is largely fueled by the increasing adoption of
composite materials across high-performance sectors such as aerospace,
automotive, marine, and renewable energy. PU coatings offer critical benefits
for composite applications, including enhanced durability, UV stability, and
chemical resistance attributes essential for maintaining the integrity and
aesthetics of composite components. As the use of lightweight, high-strength
materials continues to expand, demand for advanced PU coatings tailored to
composite substrates is expected to rise significantly.
Based on Region, North America has emerged as the fastest
growing region in the Global Polyurethane (PU) Coatings Market in 2024. This is
driven by a combination of strong industrial development, advanced
technological capabilities, and a well-established regulatory environment. The
region hosts a robust manufacturing ecosystem, particularly in key industries
such as automotive, aerospace, and construction—major consumers of PU coatings.
Significant investments in advanced materials and surface protection
technologies continue to propel market expansion. North American companies lead
in innovation, consistently launching high-performance PU coating solutions
that align with shifting industry requirements. Furthermore, the region’s
growing focus on sustainable construction practices and energy-efficient
solutions is accelerating the transition toward low-VOC and waterborne PU
coatings, reinforcing its leadership in environmentally responsible product
adoption.
Major companies operating in Global Polyurethane (PU)
Coatings Market are:
- Akzo Nobel NV
- Asian Paints
Limited
- Axalta Coating
Systems, LLC
- BASF SE
- IVM Chemicals
SRL
- Jotun A/S
- Polycoat
Products LLC
- PPG Industries
Inc.
- RPM
International Inc.
- The
Sherwin-Williams Company
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“The global polyurethane (PU) coatings market is
poised for transformative growth, driven not just by traditional sectors like
construction and automotive, but by its expanding role in sustainability and
smart manufacturing. PU coatings are now
seen as critical to enhancing product lifecycle, energy efficiency, and
regulatory compliance across industries. As innovation accelerates in sectors
like green construction, renewable energy, and advanced manufacturing, PU
coatings are increasingly positioned as high-value solutions that align with
evolving environmental standards and next-generation material performance
expectations. This shift is redefining their value from protective layers to
essential components in high-performance, eco-conscious applications across
both developed and emerging markets”, said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based management consulting firm.
“Polyurethane (PU) Coatings Market - Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Substrate (Metal,
Ceramic, Composite, Others), By End User (Electronics, Industrial, Medical,
Automotive, Others), By Region and Competition, 2020-2030F”, has evaluated
the future growth potential of Global Polyurethane (PU) Coatings Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Polyurethane (PU) Coatings Market.
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