PUR Paints and Coatings Market Report

Polyurethane coatings offer excellent optical properties, such as high gloss and brilliance. Polyurethanes (PUR) are reaction products of polyisocyanate curing agents with several polymers, e.g. with polycarbonates. Especially Polyurethane-based two-component coatings are very solid, offer good resistance to aggressive chemicals, weathering, and mechanical stress. For the first time, Ceresana examined the global market for PUR paints and coatings in detail: The market research institute forecasts revenues generated with these products to rise to approx. USD 20.3 billion until 2025. The most important application areas for PUR paints and coatings are furniture and wood processing, transportation, and other industries. In 2017, approx. 53 % of global demand was registered in Asia-Pacific, followed by North America and Western Europe.

The most important sales market for PUR paints and coatings in 2017 was the segment wood processing / furniture with a share of 37.0% of total global demand. Color, structure, and pore formation of the wood are properties, which should be retained or reinforced during coating. Two-component PUR systems are highly reactive, can be sanded quickly, are resistant to household chemicals, have a good filling power, improve grain contrasts, and provide mechanical stability.

Automotive Coatings

Demand for PUR coatings for vehicles (OEM and refinishing) accounted for more than 28% of the global market in 2017. Series painting (OEM coatings) can be divided into the stages cathodic electrodeposition, car underbody protection and application of primer surfacers, basecoat, and clearcoat. The electrodeposition coating protects from corrosion, primer surfacers provide an even foundation, the basecoat provides color and effect, and the clearcoat offers chemical and scratch resistance. Refinishing coatings is used in case of damages, for used cars as well as for special coating for new vehicles. Of all application areas of PUR coatings, the segment transportation (OEM) will account for the highest growth in percentages until 2025 at rates of 3.9% per year.

Demand and Applications

Ceresana expects the construction segment to increase its demand for PUR coatings by 2.6% per year. This downstream market is decisively affected by residential construction, commercial construction, and projects regarding infrastructure construction. PUR coatings are also utilized for particular products, e.g. façade elements, doors, window profiles, and gutters besides protection of buildings and bridges.

Demand for PUR coatings in the industrial sector amounted to about 325,000 tonnes in 2017. Protection coatings for industrial facilities and machines account for the major share within this application area: Aggressive conditions prevail during oil production, petrochemical processing, and energy generation in particular. Commonly, a long durability of the paints and coatings is desirable to prolong service intervals. The group of other applications is the smallest segment: This category comprises all special applications of paints and coatings, e.g. the use for electrical and electronic devices, packaging, sports equipment, toys, medical products, and textiles.

The Study in Brief:

Chapter 1 provides a depiction of the global market for paints and coatings based on polyurethane – including forecasts up to 2025: Data on demand and revenues are analyzed for the regions Western Europe, Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa.
Chapter 2 provides market data for the 16 most important countries, that is, country-specific information on demand and revenues. Furthermore, demand is split by application areas.
Chapter 3 analyzes the regional markets for paints and coatings: Data and factors influencing demand in the segments transportation (OEM, refinish), construction, wood processing / furniture, industry, and others.
Chapter 4 provides profiles of the largest manufacturers of PUR paints and coatings – clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. Extensive profiles of 106 producers are given, including Akzo Nobel N.V., ALTANA AG, Asian Paints Ltd., Kansai Paint Co.,Ltd., KCC CORP., Nippon Paint Co., Ltd., PPG Industries, Sika AG, RPM International Inc., and The Sherwin-Williams Company.

1 Market Data
1.1 World
1.1.1 Demand
1.1.2 Revenues
1.2 Western Europe
1.3 Eastern Europe
1.4 North America
1.5 South America
1.6 Asia-Pacific
1.7 Middle East
1.8 Africa

2 Country Profiles
2.1 Western Europe
2.1.1 France
2.1.2 Germany
2.1.3 Italy
2.1.4 Spain
2.1.5 United Kingdom
2.1.6 Other Western Europe
2.2 Eastern Europe
2.2.1 Poland
2.2.2 Russia
2.2.3 Turkey
2.2.4 Other Eastern Europe
2.3 North America
2.3.1 Canada
2.3.2 Mexico
2.3.3 USA
2.4 South America
2.4.1 Brazil
2.4.2 Other South America
2.5 Asia-Pacific
2.5.1 China
2.5.2 India
2.5.3 Japan
2.5.4 South Korea
2.5.5 Other Asia-Pacific

3 Applications
3.1 World
3.1.1 Transportation – OEM
3.1.2 Transportation – Refinish
3.1.3 Construction
3.1.4 Wood Processing / Furniture
3.1.5 Industry
3.1.6 Other Applications
3.2 Western Europe
3.2.1 Transportation – OEM
3.2.2 Transportation – Refinish
3.2.3 Construction
3.2.4 Wood Processing / Furniture
3.2.5 Industry
3.2.6 Other Applications
3.3 Eastern Europe
3.3.1 Transportation – OEM
3.3.2 Transportation – Refinish
3.3.3 Construction
3.3.4 Wood Processing / Furniture
3.3.5 Industry
3.3.6 Other Applications
3.4 North America
3.4.1 Transportation – OEM
3.4.2 Transportation – Refinish
3.4.3 Construction
3.4.4 Wood Processing / Furniture
3.4.5 Industry
3.4.6 Other Applications
3.5 South America
3.5.1 Transportation – OEM
3.5.2 Transportation – Refinish
3.5.3 Construction
3.5.4 Wood Processing / Furniture
3.5.5 Industry
3.5.6 Other Applications
3.6 Asia-Pacific
3.6.1 Transportation – OEM
3.6.2 Transportation – Refinish
3.6.3 Construction
3.6.4 Wood Processing / Furniture
3.6.5 Industry
3.6.6 Other Applications
3.7 Middle East
3.8 Africa

4 Company Profiles
4.1 Western Europe
Austria (2)
Denmark (2)
Finland (2)
France (3)
Germany (23)
Italy (4)
Norway (1)
Portugal (1)
Spain (1)
Switzerland (5)
The Netherlands (2)
4.2 Eastern Europe
Russia (2)
Turkey (2)
4.3 North America
Canada (1)
USA (15)
4.4 South America
Brazil (1)
Venezuela (1)
4.5 Asia-Pacific
Australia (1)
China (5)
Hong Kong (1)
India (3)
Japan (15)
Philippines (1)
South Korea (5)
Taiwan (1)
Thailand (1)
4.6 Middle East
Israel (2)
United Arab Emirates (1)
4.7 Africa
Egypt (2)

Graph 1: Global demand for paints and coatings from 2009 to 2025
Graph 2: Global demand for paints and coatings from 2009 to 2025 – split by regions
Graph 3: Global revenues generated with paints and coatings from 2009 to 2025 in billion USD and billion EUR
Graph 4: Euro-reference rate between 2009 and 2018: USD per EUR
Graph 5: Global revenues generated with paints and coatings in billion USD from 2009 to 2025 – split by regions
Graph 6: Global revenues generated with paints and coatings in billion EUR from 2009 to 2025 – split by regions
Graph 7: Demand for paints and coatings in Western Europe from 2009 to 2025
Graph 8: Revenues generated with paints and coatings in Western Europe from 2009 to 2025 in billion USD and billion EUR
Graph 9: Demand for paints and coatings in Eastern Europe from 2009 to 2025
Graph 10: Revenues generated with paints and coatings in Eastern Europe from 2009 to 2025 in billion USD and billion EUR
Graph 11: Demand for paints and coatings in North America from 2009 to 2025
Graph 12: Revenues generated with paints and coatings in North America from 2009 to 2025 in billion USD and billion EUR
Graph 13: Demand for paints and coatings in South America from 2009 to 2025
Graph 14: Revenues generated with paints and coatings in North America from 2009 to 2025 in billion USD and billion EUR
Graph 15: Demand for paints and coatings in Asia-Pacific from 2009 to 2025
Graph 16: Revenues generated with paints and coatings in Asia-Pacific from 2009 to 2025 in billion USD and billion EUR
Graph 17: Demand for paints and coatings in the Middle East from 2009 to 2025
Graph 18: Revenues generated with paints and coatings in the Middle East from 2009 to 2025 in billion USD and billion EUR
Graph 19: Demand for paints and coatings in Africa from 2009 to 2025
Graph 20: Revenues generated with paints and coatings in Africa from 2009 to 2025 in billion USD and billion EUR
Graph 21: Demand for paints and coatings in France from 2009 to 2025
Graph 22: Revenues generated with paints and coatings in France from 2009 to 2025 in million USD and million EUR
Graph 23: Demand for paints and coatings in Germany from 2009 to 2025
Graph 24: Revenues generated with paints and coatings in Germany from 2009 to 2025 in million USD and million EUR
Graph 25: Demand for paints and coatings in Italy from 2009 to 2025
Graph 26: Revenues generated with paints and coatings in Italy from 2009 to 2025 in million USD and million EUR
Graph 27: Demand for paints and coatings in Spain from 2009 to 2025
Graph 28: Revenues generated with paints and coatings in Spain from 2009 to 2025 in million USD and million EUR
Graph 29: Demand for paints and coatings in United Kingdom from 2009 to 2025
Graph 30: Revenues generated with paints and coatings in United Kingdom from 2009 to 2025 in million USD and million EUR
Graph 31: Demand for paints and coatings in Other Western Europe from 2009 to 2025
Graph 32: Revenues generated with paints and coatings in Other Western Europe from 2009 to 2025 in million USD and million EUR
Graph 33: Demand for paints and coatings in Poland from 2009 to 2025
Graph 34: Revenues generated with paints and coatings in Poland from 2009 to 2025 in million USD and million EUR
Graph 35: Demand for paints and coatings in Russia from 2009 to 2025
Graph 36: Revenues generated with paints and coatings in Russia from 2009 to 2025 in million USD and million EUR
Graph 37: Revenues generated with paints and coatings in Turkey from 2009 to 2025 in million USD and million EUR
Graph 38: Demand for paints and coatings in Turkey from 2009 to 2025
Graph 39: Demand for paints and coatings in Other Eastern Europe from 2009 to 2025
Graph 40: Revenues generated with paints and coatings in Other Eastern Europe from 2009 to 2025 in million USD and million EUR
Graph 41: Demand for paints and coatings in Canada from 2009 to 2025
Graph 42: Revenues generated with paints and coatings in Canada from 2009 to 2025 in million USD and million EUR
Graph 43: Demand for paints and coatings in Mexico from 2009 to 2025
Graph 44: Revenues generated with paints and coatings in Mexico from 2009 to 2025 in million USD and million EUR
Graph 45: Demand for paints and coatings in the USA from 2009 to 2025
Graph 46: Revenues generated with paints and coatings in the USA from 2009 to 2025 in million USD and million EUR
Graph 47: Demand for paints and coatings in Brazil from 2009 to 2025
Graph 48: Revenues generated with paints and coatings in Brazil from 2009 to 2025 in million USD and million EUR
Graph 49: Demand for paints and coatings in Other South America from 2009 to 2025
Graph 50: Revenues generated with paints and coatings in Other South America from 2009 to 2025 in million USD and million EUR
Graph 51: Demand for paints and coatings in China from 2009 to 2025
Graph 52: Revenues generated with paints and coatings in China from 2009 to 2025 in million USD and million EUR
Graph 53: Demand for paints and coatings in India from 2009 to 2025
Graph 54: Revenues generated with paints and coatings in India from 2009 to 2025 in million USD and million EUR
Graph 55: Demand for paints and coatings in Japan from 2009 to 2025
Graph 56: Revenues generated with paints and coatings in Japan from 2009 to 2025 in million USD and million EUR
Graph 57: Demand for paints and coatings in South Korea from 2009 to 2025
Graph 58: Revenues generated with paints and coatings in South Korea from 2009 to 2025 in million USD and million EUR
Graph 59: Demand for paints and coatings in Other Asia-Pacific from 2009 to 2025
Graph 60: Revenues generated with paints and coatings in Other Asia-Pacific from 2009 to 2025 in million USD and million EUR
Graph 61: Global demand for paints and coatings from 2009 to 2025 – split by applications
Graph 62: Global demand for paints and coatings in the segment transportation – OEM from 2009 to 2025 – split by regions
Graph 63: Global demand for paints and coatings in the segment transportation – refinish from 2009 to 2025 – split by regions
Graph 64: Global demand for paints and coatings in the segment construction from 2009 to 2025 – split by regions
Graph 65: Global demand for paints and coatings in the segment wood processing/ furniture from 2009 to 2025 – split by regions
Graph 66: Global demand for paints and coatings in the segment industry from 2009 to 2025 – split by regions
Graph 67: Global demand for paints and coatings in other applications from 2009 to 2025 – split by regions
Graph 68: Demand for paints and coatings in Western Europe from 2009 to 2025 – split by applications
Graph 69: Demand for paints and coatings in Eastern Europe from 2009 to 2025 – split by applications
Graph 70: Demand for paints and coatings in North America from 2009 to 2025 – split by applications
Graph 71: Demand for paints and coatings in South America from 2009 to 2025 – split by applications
Graph 72: Demand for paints and coatings in Asia-Pacific from 2009 to 2025 – split by applications
Graph 73: Demand for paints and coatings in the Middle East from 2009 to 2025 – split by applications
Graph 74: Demand for paints and coatings in Africa from 2009 to 2025 – split by applications

Table 1: Global demand for paints and coatings from 2009 to 2025 – split by regions
Table 2: Global revenues generated with paints and coatings in billion USD from 2009 to 2025 – split by regions
Table 3: Global revenues generated with paints and coatings in billion EUR from 2009 to 2025 – split by regions
Table 4: Demand for paints and coatings in Western Europe from 2009 to 2025 – split by major countries
Table 5: Demand for paints and coatings in Eastern Europe from 2009 to 2025 – split by major countries
Table 6: Demand for paints and coatings in North America from 2009 to 2025 – split by major countries
Table 7: Demand for paints and coatings in South America from 2009 to 2025 – split by major countries
Table 8: Demand for paints and coatings in Asia-Pacific from 2009 to 2025 – split by major countries
Table 9: Important manufacturers of paints and coatings in the Middle East
Table 10: Demand for paints and coatings in France from 2009 to 2025 – split by applications
Table 11: Important manufacturers of paints and coatings in France
Table 12: Demand for paints and coatings in Germany from 2009 to 2025 – split by applications
Table 13: Important manufacturers of paints and coatings in Germany
Table 14: Demand for paints and coatings in Italy from 2009 to 2025 – split by applications
Table 15: Important manufacturers of paints and coatings in Italy
Table 16: Demand for paints and coatings in Spain from 2009 to 2025 – split by applications
Table 17: Demand for paints and coatings in United Kingdom from 2009 to 2025 – split by applications
Table 18: Demand for paints and coatings in Other Western Europe from 2009 to 2025 – split by applications
Table 19: Important manufacturers of paints and coatings in Other Western Europe
Table 20: Demand for paints and coatings in Poland from 2009 to 2025 – split by applications
Table 21: Demand for paints and coatings in Russia from 2009 to 2025 – split by applications
Table 22: Demand for paints and coatings in Turkey from 2009 to 2025 – split by applications
Table 23: Demand for paints and coatings in Other Eastern Europe from 2009 to 2025 – split by applications
Table 24: Demand for paints and coatings in Canada from 2009 to 2025 – split by applications
Table 25: Demand for paints and coatings in Mexico from 2009 to 2025 – split by applications
Table 26: Demand for paints and coatings in the USA from 2009 to 2025 – split by applications
Table 27: Important manufacturers of paints and coatings in the USA
Table 28: Demand for paints and coatings in Brazil from 2009 to 2025 – split by applications
Table 29: Demand for paints and coatings in Other South America from 2009 to 2025 – split by applications
Table 30: Demand for paints and coatings in China from 2009 to 2025 – split by applications
Table 31: Important manufacturers of paints and coatings in China
Table 32: Demand for paints and coatings in India from 2009 to 2025 – split by applications
Table 33: Important manufacturers of paints and coatings in India
Table 34: Demand for paints and coatings in Japan from 2009 to 2025 – split by applications
Table 35: Important manufacturers of paints and coatings in Japan
Table 36: Demand for paints and coatings in South Korea from 2009 to 2025 – split by applications
Table 37: Important manufacturers of paints and coatings in South Korea
Table 38: Demand for paints and coatings in Other Asia-Pacific from 2009 to 2025 – split by applications
Table 39: Important manufacturers of paints and coatings in Other Asia-Pacific
Table 40: Global demand for paints and coatings from 2009 to 2025 – split by applications
Table 41: Global demand for paints and coatings in the segment transportation – OEM from 2009 to 2025 – split by regions
Table 42: Global demand for paints and coatings in the segment transportation – refinish from 2009 to 2025 – split by regions
Table 43: Global demand for paints and coatings in the segment construction from 2009 to 2025 – split by regions
Table 44: Global demand for paints and coatings in the segment wood processing/ furniture from 2009 to 2025 – split by regions
Table 45: Global demand for paints and coatings in the segment industry from 2009 to 2025 – split by regions
Table 46: Global demand for paints and coatings in other applications from 2009 to 2025 – split by regions
Table 47: Demand for paints and coatings in Western Europe from 2009 to 2025 – split by applications
Table 48: Demand for paints and coatings in the segment transportation – OEM in Western Europe from 2009 to 2025 – split by major countries
Table 49: Demand for paints and coatings in the segment transportation – refinish in Western Europe from 2009 to 2025 – split by major countries
Table 50: Demand for paints and coatings in the segment construction in Western Europe from 2009 to 2025 – split by major countries
Table 51: Demand for paints and coatings in the segment wood processing/furniture in Western Europe from 2009 to 2025 – split by major countries
Table 52: Demand for paints and coatings in the segment industry in Western Europe from 2009 to 2025 – split by major countries
Table 53: Demand for paints and coatings in other applications in Western Europe from 2009 to 2025 – split by major countries
Table 54: Demand for paints and coatings in Eastern Europe from 2009 to 2025 – split by applications
Table 55: Demand for paints and coatings in the segment transportation – OEM in Eastern Europe from 2009 to 2025 – split by major countries
Table 56: Demand for paints and coatings in the segment transportation – refinish in Eastern Europe from 2009 to 2025 – split by major countries
Table 57: Demand for paints and coatings in the segment construction in Eastern Europe from 2009 to 2025 – split by major countries
Table 58: Demand for paints and coatings in the segment wood processing/furniture in Eastern Europe from 2009 to 2025 – split by major countries
Table 59: Demand for paints and coatings in the segment industry in Eastern Europe from 2009 to 2025 – split by major countries
Table 60: Demand for paints and coatings in other applications in Eastern Europe from 2009 to 2025 – split by major countries
Table 61: Demand for paints and coatings in North America from 2009 to 2025 – split by applications
Table 62: Demand for paints and coatings in the segment transportation – OEM in North America from 2009 to 2025 – split by major countries
Table 63: Demand for paints and coatings in the segment transportation – refinish in North America from 2009 to 2025 – split by major countries
Table 64: Demand for paints and coatings in the segment transportation – refinish in North America from 2009 to 2025 – split by major countries
Table 65: Demand for paints and coatings in the segment wood processing/furniture in North America from 2009 to 2025 – split by major countries
Table 66: Demand for paints and coatings in the segment industry in North America from 2009 to 2025 – split by major countries
Table 67: Demand for paints and coatings in other applications in North America from 2009 to 2025 – split by major countries
Table 68: Demand for paints and coatings in South America from 2009 to 2025 – split by applications
Table 69: Demand for paints and coatings in the segment transportation – OEM in South America from 2009 to 2025 – split by major countries
Table 70: Demand for paints and coatings in the segment transportation – refinish in South America from 2009 to 2025 – split by major countries
Table 71: Demand for paints and coatings in the segment construction in South America from 2009 to 2025 – split by major countries
Table 72: Demand for paints and coatings in the segment wood processing/furniture in South America from 2009 to 2025 – split by major countries
Table 73: Demand for paints and coatings in the segment industry in South America from 2009 to 2025 – split by major countries
Table 74: Demand for paints and coatings in other applications in South America from 2009 to 2025 – split by major countries
Table 75: Demand for paints and coatings in Asia-Pacific from 2009 to 2025 – split by applications
Table 76: Demand for paints and coatings in the segment transportation – OEM in Asia-Pacific from 2009 to 2025 – split by major countries
Table 77: Demand for paints and coatings in the segment transportation – refinish in Asia-Pacific from 2009 to 2025 – split by major countries
Table 78: Demand for paints and coatings in the segment construction in Asia-Pacific from 2009 to 2025 – split by major countries
Table 79: Demand for paints and coatings in the segment wood processing/furniture in Asia-Pacific from 2009 to 2025 – split by major countries
Table 80: Demand for paints and coatings in the segment construction in Asia-Pacific from 2009 to 2025 – split by major countries
Table 81: Demand for paints and coatings in other applications in Asia-Pacific from 2009 to 2025 – split by major countries
Table 82: Demand for paints and coatings in the Middle East from 2009 to 2025 – split by applications
Table 83: Demand for paints and coatings in Africa from 2009 to 2025 – split by applications