Paul Thomen

Thursday, 10 April 2014

PU Coating Market to Grow at a CAGR of 7.4% to 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″ by MarketsandMarkets is now available at PU coating is one of the most commonly used coating materials and finds its use in a number of end industries, accounting to its distinguished properties such as stiffness, hardness, and densities and provides thin film, high gloss finish with exceptional weathering performance characteristics. On the basis of technology, the market of PU coating can be broadly segmented into solvent-borne, water-borne, high solids and powder coating. Though solvent-borne type is the major consumed PU coating type and serve an array of industries due to its various properties and performance advantages; water-borne PU coating is an emerging market because of its low VOC profile and the demand for the same is growing at good pace.

•    Asia-Pacific: The Biggest Market of PU Coating
•    Water-Borne PU Coating: The Fastest Growing Segment by Type
•    Automotive & Transportation: The Biggest End-User Industry

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