DONGGUAN COWINT NEW MATERIAL TECHNOLOGY CO.,LTD
No.2,West Industrial Road of Jiaoli,Zhongtang Town,Dongguan
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mail: info@cowint.com
Main market trends
The construction industry drives market growth
-Emulsion and epoxy coatings are widely used in wall and floor coatings. With increasing attention to performance improvement, polyurethane coatings are gradually becoming a winning weapon for applications such as high-performance architectural coatings.
-Two-component (2K) aliphatic polyurethane coatings have excellent weather resistance, chemical resistance, abrasion resistance and scratch resistance. In addition, these coatings are also tough but flexible.
-Water-based polyurethane coatings can be used for floor and wall coatings.
-For floor coatings, polyurethane coatings are the top coat on the functional layer. Applications include offices, halls, showrooms, warehouses, supermarkets, schools, tennis courts, industrial workshops, etc.
-For wall coatings, these coatings are a high-performance functional topcoat that can meet the requirements of easy cleaning, anti-fouling, acid rain resistance and anti-graffiti. Key application areas include interior and exterior walls of food processing plants, electronics factories, schools, hospitals, subway/train stations, kitchens, bathrooms, etc. -
These coatings are also used in construction, building floors, steel trusses and concrete supports have been sprayed to make them more durable and lower maintenance costs. For example, these coatings make suspension bridges easier to clean, help prevent their support beams from rusting, and improve their appearance even at long distances.
-The construction industry is growing at a strong rate, and there is no sign that this growth will slow down anytime soon.
-These factors are expected to increase the use of polyurethane coatings in architectural applications.
China will dominate the market in the Asia-Pacific region
-China dominates the market share in the Asia-Pacific region. With the increase in investment and construction activities in the country, the demand for polyurethane coatings is expected to grow during the forecast period.
-The continuous improvement of the economic situation in the region has improved the financial situation of consumers, thereby increasing the demand for buildings and other infrastructure activities in the country.
-China's "13th Five-Year Plan" started in 2016, and it is an important year for China's engineering, procurement and construction (EPC) industries. In addition, the country also developed new domestic and international business models during the year. Although the construction industry has slowed down after 2013, it is still the main contributor to the country's GDP.
-In addition, foreign investment restrictions on land development, high-end hotels, office buildings, international exhibition centers, and large-scale theme park construction and operation have also been lifted.
-China is the largest car manufacturer in the world. The country’s automotive industry has been preparing for product development, and the country focuses on manufacturing products to ensure fuel economy and minimize emissions (due to the country’s growing pollution causing increasing environmental concerns).
-It is expected that during the forecast period, all of the above factors will in turn increase the demand for polyurethane coatings in the region.
Browse the full report with a detailed catalog here:
https://www.marketinsightsreports.com/reports/04061950180/polyurethane-pu-coatings-market-growth-trends-and-forecast-2020-2025?Mode=68
What market factors are explained in the report?
Executive summary: It includes major trends in the global polyurethane (PU) coatings market related to products, applications and other key factors. It also analyzed the competitive landscape, compound annual growth rate and market size of the global polyurethane coatings market based on output and revenue.
Production and consumption by region: It covers all regional markets that focus on research. It discusses prices and major players in each regional market other than production and consumption.
Major participants: Here, this report focuses on the financial ratios, pricing structure, production costs, gross profit, sales volume, revenue and gross profit of leading and well-known companies that compete in the global polyurethane coatings market.
Market Segmentation: This section of the report discusses the product type and application segmentation of the global polyurethane (PU) coatings market based on market share, CAGR, market size and various other factors.
Research methodology: This section discusses research methodology and methods used to prepare reports for polyurethane (PU) coatings. It covers data triangulation, market segmentation, market size estimation, and research design and/or procedures.