세계의 폴리우레탄 코팅 시장 : 시장 규모, 점유율, 성장 및 산업 분석 - 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of polyurethane coatings Market

The global polyurethane coatings market continues to strengthen as one of the most essential segments within the protective coatings industry, driven by its expanding use across construction, automotive, aerospace, marine, and industrial applications. According to the Fortune Business Insights report, the polyurethane coatings market size reached USD 55.58 billion in 2024, reflecting the rising demand for durable, flexible, and weather-resistant coating solutions across major economies. The market is forecasted to grow further to USD 58.25 billion in 2025, propelled by increased infrastructure investments and an accelerating shift toward high-performance coatings. By 2032, the market is projected to reach USD 81.06 billion, showcasing sustained industry adoption and technological advancements that improve coating efficiency and environmental performance.

Polyurethane coatings remain widely used due to their superior abrasion resistance, chemical stability, UV durability, and versatility across wood, metal, concrete, plastic, and composite surfaces. Their growing adoption in industrial sectors is closely tied to global economic expansion, with Asia Pacific dominating the market at 55.16% share in 2024. This dominance is supported by China's strong manufacturing ecosystem, India's expanding construction and automotive sectors, and increasing production activities across Southeast Asia.

2024 Market Overview

In 2024, the market value of USD 55.58 billion reflects the widespread use of solvent-borne, waterborne, powder, and radiation-curable polyurethane formulations. Automotive, construction, and furniture manufacturing served as the primary application areas. Rapid industrialization in Asia Pacific, coupled with demand for corrosion-resistant coatings in marine and infrastructure sectors, significantly contributed to market growth. Furthermore, stringent environmental regulations in Europe and North America encouraged the use of eco-friendly waterborne PU coatings.

2025 Market Overview

The market is expected to increase to USD 58.25 billion in 2025, driven by global demand for high-performance protective coatings with enhanced sustainability profiles. Solvent-borne coatings are expected to retain the largest product share due to their superior adhesion and resistance properties, particularly in automotive, aerospace, and marine environments. Waterborne coatings will continue gaining traction as low-VOC regulations intensify, especially under the U.S. EPA and EU REACH frameworks. Key manufacturers such as AkzoNobel, PPG Industries, Axalta Coating Systems, and Jotun are investing in advanced polyurethane technologies to improve lifecycle performance and environmental compliance.

2032 Forecast Market Outlook

By 2032, the polyurethane coatings market is projected to reach USD 81.06 billion, supported by the development of smart coatings, nanotechnology-enhanced products, and self-healing polyurethane solutions. Innovations such as UV-resistant automotive clear coats, high-durability marine coatings, and weatherproof architectural finishes will shape future demand. Growth will remain strong in Asia Pacific due to rising urbanization and infrastructure projects, while Europe will lead in sustainable coating adoption driven by strict VOC and eco-labeling regulations.

Regional Highlights

• Asia Pacific, valued at USD 30.66 billion in 2024, remains the fastest-growing region, supported by strong automotive production in China, Japan, and India.
• North America will expand significantly due to high demand in automotive, aerospace, and industrial equipment manufacturing.
• Europe is projected to remain the second-largest market, strongly influenced by environmental policies promoting bio-based and waterborne PU coatings.
• Latin America and Middle East & Africa will see moderate growth supported by infrastructure development and industrial expansion.

Competitive Landscape

Leading companies include AkzoNobel, PPG Industries, Axalta Coating Systems, RPM International, Jotun, Sherwin-Williams, Kansai Paint, and DIC Corporation. These manufacturers focus on R&D investments, product innovations, and strategic expansions. Recent developments-such as BASF's 2025 expansion of polyurethane resin capacity in Shanghai and AkzoNobel's 2024 launch of Selva Pro PU coating systems-highlight ongoing advancements in coating performance and sustainability.

Segmentation By Product Type

• Solvent-borne Coatings
• Waterborne Coatings
• Powder Coatings
• Radiation-based Coatings

By Application

• Automotive & Transportation
• Construction
• Wood & Furniture
• Aerospace
• Others

By Region

• North America (By Application, By Country)
  • U.S. (By Application)
  • Canada (By Application)
  • Mexico (By Application)
• Europe (By Product, By Application, By Country)
  • Germany (By Application)
  • U.K. (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • Russia (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Application, By Country)
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • South Korea (By Application)
  • Indonesia (By Application)
  • Rest of Asia Pacific (By Application)
• Latin America (By Application, By Country)
  • Brazil (By Application)
  • Rest of Latin America (By Application)
• Middle East & Africa (By Application, By Country)
  • Saudi Arabia (By Application)
  • South Africa (By Application)
  • UAE (By Application)
  • Rest of the Middle East & Africa (By Application)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Market Trends
• 4.2. Insights on Sustainability
• 4.3. Latest Technological Advancement
• 4.4. Porter's Five Forces Analysis
• 4.5. Impact of Tariff on the Market

5. Global Polyurethane Coatings Market Analysis, Insights and Forecast, 2019-2032

• 5.1. Key Findings
• 5.2. By Product Type
  • 5.2.1. Solvent-borne Coatings
  • 5.2.2. Water-borne Coatings
  • 5.2.3. Powder Coatings
  • 5.2.4. Radiation-based Coatings
• 5.3. By Application
  • 5.3.1. Automotive & Transportation
  • 5.3.2. Construction
  • 5.3.3. Wood & Furniture
  • 5.3.4. Aerospace
  • 5.3.5. Others
• 5.4. By Region
  • 5.4.1. North America
  • 5.4.2. Europe
  • 5.4.3. Asia Pacific
  • 5.4.4. Latin America
  • 5.4.5. Middle East & Africa

6. North America Polyurethane Coatings Market Analysis, Insights and Forecast, 2019-2032

• 6.1. Key Findings
• 6.2. By Product Type
  • 6.2.1. Solvent-borne Coatings
  • 6.2.2. Water-borne Coatings
  • 6.2.3. Powder Coatings
  • 6.2.4. Radiation-based Coatings
• 6.3. By Application
  • 6.3.1. Automotive & Transportation
  • 6.3.2. Construction
  • 6.3.3. Wood & Furniture
  • 6.3.4. Aerospace
  • 6.3.5. Others
• 6.4. By Country
  • 6.4.1. U.S.
    • 6.4.1.1. By Application
      • 6.4.1.1.1. Automotive & Transportation
      • 6.4.1.1.2. Construction
      • 6.4.1.1.3. Wood & Furniture
      • 6.4.1.1.4. Aerospace
      • 6.4.1.1.5. Others
  • 6.4.2. Canada
    • 6.4.2.1. By Application
      • 6.4.2.1.1. Automotive & Transportation
      • 6.4.2.1.2. Construction
      • 6.4.2.1.3. Wood & Furniture
      • 6.4.2.1.4. Aerospace
      • 6.4.2.1.5. Others
  • 6.4.3. Mexico
    • 6.4.3.1. By Application
      • 6.4.3.1.1. Automotive & Transportation
      • 6.4.3.1.2. Construction
      • 6.4.3.1.3. Wood & Furniture
      • 6.4.3.1.4. Aerospace
      • 6.4.3.1.5. Others

7. Europe Polyurethane Coatings Market Analysis, Insights and Forecast, 2019-2032

• 7.1. Key Findings
• 7.2. By Product Type
  • 7.2.1. Solvent-borne Coatings
  • 7.2.2. Water-borne Coatings
  • 7.2.3. Powder Coatings
  • 7.2.4. Radiation-based Coatings
• 7.3. By Application
  • 7.3.1. Automotive & Transportation
  • 7.3.2. Construction
  • 7.3.3. Wood & Furniture
  • 7.3.4. Aerospace
  • 7.3.5. Others
• 7.4. By Country
  • 7.4.1. Germany
    • 7.4.1.1. By Application
      • 7.4.1.1.1. Automotive & Transportation
      • 7.4.1.1.2. Construction
      • 7.4.1.1.3. Wood & Furniture
      • 7.4.1.1.4. Aerospace
      • 7.4.1.1.5. Others
  • 7.4.2. U.K.
    • 7.4.2.1. By Application
      • 7.4.2.1.1. Automotive & Transportation
      • 7.4.2.1.2. Construction
      • 7.4.2.1.3. Wood & Furniture
      • 7.4.2.1.4. Aerospace
      • 7.4.2.1.5. Others
  • 7.4.3. France
    • 7.4.3.1. By Application
      • 7.4.3.1.1. Automotive & Transportation
      • 7.4.3.1.2. Construction
      • 7.4.3.1.3. Wood & Furniture
      • 7.4.3.1.4. Aerospace
      • 7.4.3.1.5. Others
  • 7.4.4. Italy
    • 7.4.4.1. By Application
      • 7.4.4.1.1. Automotive & Transportation
      • 7.4.4.1.2. Construction
      • 7.4.4.1.3. Wood & Furniture
      • 7.4.4.1.4. Aerospace
      • 7.4.4.1.5. Others
  • 7.4.5. Spain
    • 7.4.5.1. By Application (Value & Volume)
      • 7.4.5.1.1. Automotive & Transportation
      • 7.4.5.1.2. Construction
      • 7.4.5.1.3. Wood & Furniture
      • 7.4.5.1.4. Aerospace
      • 7.4.5.1.5. Others
  • 7.4.6. Russia
    • 7.4.6.1. By Application (Value & Volume)
      • 7.4.6.1.1. Automotive & Transportation
      • 7.4.6.1.2. Construction
      • 7.4.6.1.3. Wood & Furniture
      • 7.4.6.1.4. Aerospace
      • 7.4.6.1.5. Others
  • 7.4.7. Rest of Europe
    • 7.4.7.1. By Application
      • 7.4.7.1.1. Automotive & Transportation
      • 7.4.7.1.2. Construction
      • 7.4.7.1.3. Wood & Furniture
      • 7.4.7.1.4. Aerospace
      • 7.4.7.1.5. Others

8. Asia Pacific Polyurethane Coatings Market Analysis, Insights and Forecast, 2019-2032

• 8.1. Key Findings
• 8.2. By Product Type
  • 8.2.1. Solvent-borne Coatings
  • 8.2.2. Water-borne Coatings
  • 8.2.3. Powder Coatings
  • 8.2.4. Radiation-based Coatings
• 8.3. By Application
  • 8.3.1. Automotive & Transportation
  • 8.3.2. Construction
  • 8.3.3. Wood & Furniture
  • 8.3.4. Aerospace
  • 8.3.5. Others
• 8.4. By Country
  • 8.4.1. China
    • 8.4.1.1. By Application
      • 8.4.1.1.1. Automotive & Transportation
      • 8.4.1.1.2. Construction
      • 8.4.1.1.3. Wood & Furniture
      • 8.4.1.1.4. Aerospace
      • 8.4.1.1.5. Others
  • 8.4.2. Japan
    • 8.4.2.1. By Application
      • 8.4.2.1.1. Automotive & Transportation
      • 8.4.2.1.2. Construction
      • 8.4.2.1.3. Wood & Furniture
      • 8.4.2.1.4. Aerospace
      • 8.4.2.1.5. Others
  • 8.4.3. India
    • 8.4.3.1. By Application
      • 8.4.3.1.1. Automotive & Transportation
      • 8.4.3.1.2. Construction
      • 8.4.3.1.3. Wood & Furniture
      • 8.4.3.1.4. Aerospace
      • 8.4.3.1.5. Others
  • 8.4.4. South Korea
    • 8.4.4.1. By Application
      • 8.4.4.1.1. Automotive & Transportation
      • 8.4.4.1.2. Construction
      • 8.4.4.1.3. Wood & Furniture
      • 8.4.4.1.4. Aerospace
      • 8.4.4.1.5. Others
  • 8.4.5. Indonesia
    • 8.4.5.1. By Application
      • 8.4.5.1.1. Automotive & Transportation
      • 8.4.5.1.2. Construction
      • 8.4.5.1.3. Wood & Furniture
      • 8.4.5.1.4. Aerospace
      • 8.4.5.1.5. Others
  • 8.4.6. Rest of Asia Pacific
    • 8.4.6.1. By Application
      • 8.4.6.1.1. Automotive & Transportation
      • 8.4.6.1.2. Construction
      • 8.4.6.1.3. Wood & Furniture
      • 8.4.6.1.4. Aerospace
      • 8.4.6.1.5. Others

9. Latin America Polyurethane Coatings Market Analysis, Insights and Forecast, 2019-2032

• 9.1. Key Findings
• 9.2. By Product Type
  • 9.2.1. Solvent-borne Coatings
  • 9.2.2. Water-borne Coatings
  • 9.2.3. Powder Coatings
  • 9.2.4. Radiation-based Coatings
• 9.3. By Application
  • 9.3.1. Automotive & Transportation
  • 9.3.2. Construction
  • 9.3.3. Wood & Furniture
  • 9.3.4. Aerospace
  • 9.3.5. Others
• 9.4. By Country
  • 9.4.1. Brazil
    • 9.4.1.1. By Application
      • 9.4.1.1.1. Automotive & Transportation
      • 9.4.1.1.2. Construction
      • 9.4.1.1.3. Wood & Furniture
      • 9.4.1.1.4. Aerospace
      • 9.4.1.1.5. Others
  • 9.4.2. Rest of Latin America
    • 9.4.2.1. By Application
      • 9.4.2.1.1. Automotive & Transportation
      • 9.4.2.1.2. Construction
      • 9.4.2.1.3. Wood & Furniture
      • 9.4.2.1.4. Aerospace
      • 9.4.2.1.5. Others

10. Middle East & Africa Polyurethane Coatings Market Analysis, Insights and Forecast, 2019-2032

• 10.1. Key Findings
• 10.2. By Product Type
  • 10.2.1. Solvent-borne Coatings
  • 10.2.2. Water-borne Coatings
  • 10.2.3. Powder Coatings
  • 10.2.4. Radiation-based Coatings
• 10.3. By Application
  • 10.3.1. Automotive & Transportation
  • 10.3.2. Construction
  • 10.3.3. Wood & Furniture
  • 10.3.4. Aerospace
  • 10.3.5. Others
• 10.4. By Country
  • 10.4.1. Saudi Arabia
    • 10.4.1.1. By Application
      • 10.4.1.1.1. Automotive & Transportation
      • 10.4.1.1.2. Construction
      • 10.4.1.1.3. Wood & Furniture
      • 10.4.1.1.4. Aerospace
      • 10.4.1.1.5. Others
  • 10.4.2. South Africa
    • 10.4.2.1. By Application
      • 10.4.2.1.1. Automotive & Transportation
      • 10.4.2.1.2. Construction
      • 10.4.2.1.3. Wood & Furniture
      • 10.4.2.1.4. Aerospace
      • 10.4.2.1.5. Others
  • 10.4.3. UAE
    • 10.4.3.1. By Application
      • 10.4.3.1.1. Automotive & Transportation
      • 10.4.3.1.2. Construction
      • 10.4.3.1.3. Wood & Furniture
      • 10.4.3.1.4. Aerospace
      • 10.4.3.1.5. Others
  • 10.4.4. Rest of Middle East & Africa
    • 10.4.4.1. By Application
      • 10.4.4.1.1. Automotive & Transportation
      • 10.4.4.1.2. Construction
      • 10.4.4.1.3. Wood & Furniture
      • 10.4.4.1.4. Aerospace
      • 10.4.4.1.5. Others

11. Competitive Analysis

• 11.1. Company Market Ranking Analysis, By Key Players, 2024
• 11.2. Company Profiles
  • 11.2.1. AkzoNobel
    • 11.2.1.1. Overview
    • 11.2.1.2. Products Portfolio
    • 11.2.1.3. Recent Developments
    • 11.2.1.4. Strategies
    • 11.2.1.5. Financials (Based on Availability)
  • 11.2.2. Axalta Coating Systems
    • 11.2.2.1. Overview
    • 11.2.2.2. Products Portfolio
    • 11.2.2.3. Recent Developments
    • 11.2.2.4. Strategies
    • 11.2.2.5. Financials (Based on Availability)
  • 11.2.3. Jotun
    • 11.2.3.1. Overview
    • 11.2.3.2. Products Portfolio
    • 11.2.3.3. Recent Developments
    • 11.2.3.4. Strategies
    • 11.2.3.5. Financials (Based on Availability)
  • 11.2.4. PPG Industries, Inc.
    • 11.2.4.1. Overview
    • 11.2.4.2. Products Portfolio
    • 11.2.4.3. Recent Developments
    • 11.2.4.4. Strategies
    • 11.2.4.5. Financials (Based on Availability)
  • 11.2.5. RPM International Inc.
    • 11.2.5.1. Overview
    • 11.2.5.2. Products Portfolio
    • 11.2.5.3. Recent Developments
    • 11.2.5.4. Strategies
    • 11.2.5.5. Financials (Based on Availability)
  • 11.2.6. The Sherwin-Williams Company
    • 11.2.6.1. Overview
    • 11.2.6.2. Products Portfolio
    • 11.2.6.3. Recent Developments
    • 11.2.6.4. Strategies
    • 11.2.6.5. Financials (Based on Availability)
  • 11.2.7. Kansai Paint Co.,Ltd.
    • 11.2.7.1. Overview
    • 11.2.7.2. Products Portfolio
    • 11.2.7.3. Recent Developments
    • 11.2.7.4. Strategies
    • 11.2.7.5. Financials (Based on Availability)
  • 11.2.8. DIC CORPORATION
    • 11.2.8.1. Overview
    • 11.2.8.2. Products Portfolio
    • 11.2.8.3. Recent Developments
    • 11.2.8.4. Strategies
    • 11.2.8.5. Financials (Based on Availability)
  • 11.2.9. Specialty Coating Systems Inc.
    • 11.2.9.1. Overview
    • 11.2.9.2. Products Portfolio
    • 11.2.9.3. Recent Developments
    • 11.2.9.4. Strategies
    • 11.2.9.5. Financials (Based on Availability)
  • 11.2.10. Conpro Chemicals Private Limited
    • 11.2.10.1. Overview
    • 11.2.10.2. Products Portfolio
    • 11.2.10.3. Recent Developments
    • 11.2.10.4. Strategies
    • 11.2.10.5. Financials (Based on Availability)

12. Strategic Recommendations