Soft touch polyurethane coatings market

Soft-Touch Polyurethane Coatings Market, By Product Type (2K, UV), By Base Type (Water-based, Solvent-based ), By End use Industry (Furniture and Wood, Electrical and Electronics, Transport and Automotive, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

  • May 2023
  • CMI3772
  • 120 Pages
  • Excel & Pdf
  • Advanced Materials

Soft-touch polyurethane coatings are widely used across automotive and aircraft interior components, consumer electronic devices such as TV, laptop, and mobile phones, and interior wood surfaces that includes trim, furniture, and doors. Moreover, these coatings are also used across kitchenware and cosmetic cases. The global soft-touch polyurethane coatings market is projected to surpass US$ 14.06 billion by the end of 2030, in terms of revenue, growing at a CAGR of 8.95% during the forecast period (2023 to 2030).

Global Soft Touch Polyurethane Coatings Market: Growth Drivers

  • Surge in Aesthetic as well as Soft-touch products Trends

The market for soft touch polyurethane coatings is being propelled by the growing demand for soft-touch goods across a wide range of industries. This trend of aesthetics—color combination, tactile feeling, and sheen—is greatly praised in today's consumer markets, broadening the canvas for players in the soft touch polyurethane coatings business. Soft-touch coating methods, in essence, provide consumers with a rich tactile experience while also preventing hand slippage. The use of coating techniques to give plastics a more appealing appearance has boosted the use of soft touch polyurethane coatings in the industry. The quest for a coating technology that can endow plastic surfaces with a leather-like texture at a low cost is driving their acceptance.

  • Increased Usage across Industries

Soft-touch polyurethane coatings are widely utilized in automobiles, and one of the primary causes driving the soft-touch polyurethane coatings industry growth is the packaging business. To lower chemical and abrasion resistance, soft-touch polyurethane coatings are utilized. Soft-touch coatings' flexibility and drag may also prevent part slippage and offer a matte finish, making them excellent for numerous End Use industries such as electrical and electronics, automotive, and packaging, which is boosting the soft-touch polyurethane coatings market. Additionally, soft-touch polyurethane coatings are becoming increasingly popular in the electronics industry due to their great durability and good resistance to weathering and UV radiation. The expansion of the automotive industry along with the increase in defense budgets are other market growth determinants that are projected to bolster the growth of the market.

Global Soft-Touch Polyurethane Coatings Market Report Coverage

Report Coverage Details
Base Year: 2022 Market Size in 2022: US$ 7.08 Bn
Historical Data for: 2017 to 2021 Forecast Period: 2023 to 2030
Forecast Period 2023 to 2030 CAGR: 8.95% 2030 Value Projection: US$ 14.06 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC and Rest of Middle East
  • Africa: North Africa, central Africa, South Africa and Rest of Africa
Segments covered:
  • By Product Type: 2K, UV
  • By Base Type: Water-based, Solvent-based 
  • By End Use Industry: Furniture and Wood, Electrical and Electronics, Transport and Automotive, Others
Companies covered:

Sherwin Williams Company, Akzo Nobel N.V., PPG Industries Ltd Axalta Coatings Systems, Rust-Oleum - RPM International Inc., Aexcel Coatings., Sokan New Materials, and Jotun AS

Growth Drivers:
  • Surge in Aesthetic as well as Soft-touch products Trends
  • Increased Usage across Industries
Restraints & Challenges:
  • Availability of Master batches

Global Soft Touch Polyurethane Coatings Market: Restraints

Availability of Master batches

Furthermore, master batches give uniform color and eliminate the need for further coating and running costs. Master batches are most commonly utilized as a polyurethane alternative in interior furnishings and automotive interior parts. It is a better polyurethane because it allows for better coating penetration on complicated shapes for both indoor and outdoor applications. As a result, the master batch’s long-term benefits are likely to limit the expansion of the soft-touch polyurethane coatings market. This factor will challenge the soft touch polyurethane coatings market growth rate.

Global Soft Touch Polyurethane Coatings Market: COVID-19 Impact

The recent outbreak of coronavirus had a negative impact on the soft touch polyurethane coatings market. The automotive sector's production activities were halted during the COVID epidemic, which could stifle market growth. Passenger car registrations are expected to drop by roughly 25% by 2020, according to the European Automobile Manufacturers Association (ACEA). Toyota's automotive sales in China decreased by 70.2 percent to 24,000 units in February 2020, according to Asian Automobile Analysis (AAA). Vehicle production in Europe, North America, and South America declined by 21%, 20%, and 30%, respectively, in March 2021, according to the International Organization of Motor Vehicle Manufacturers (OICA). The global soft-touch polyurethane coatings industry, on the other hand, has been severely impacted, impeding market growth.

Global Soft Touch Polyurethane Coatings Market: Market Segmentation

Regionally, Europe dominated the global soft-touch polyurethane coatings market in 2022, reporting 47% market share in terms of revenue, followed by North America and Asia pacific, respectively.

Figure 1. Global Soft-Touch Polyurethane Coatings Market, Revenue Share (%), By Region 2022

Global Soft Touch Polyurethane Coatings Market: By End Use Industry

On the basis of End Use industry, transport & automotive dominated the global soft-touch polyurethane coatings market in 2018 with around 38% of the market share in terms of revenue, followed electrical & electronics and wood & furniture, respectively.

 Figure 2. Global Soft-Touch Polyurethane Coatings Market, Revenue Share (%), By End User Industry, in 2022

Global Soft Touch Polyurethane Coatings Market: Recent Developments

In June 2020, BASF introduced ten new versions of its "Haptex 2.0" polyurethane (PU) solution for synthetic leather manufacture. This new technology will aid designers in achieving superior quality and desired aesthetic look in a wide range of synthetic leather applications.

In January 2021, Allnex launched polyurethane coating DAOTAN 7061/35WA. DAOTAN 7061/35WA is an emulsifier-free, high molecular weight, aliphatic urethane-acrylic-hybrid aqueous dispersion with excellent shear stability which is specially designed for automotive OEM and vehicle refinishes coating segments.

In June 2020, BASF launched 10 variations of Haptex 2.0 polyurethane (PU) solution for the production of synthetic leather. This product is enhanced higher peel strength, anti-yellowing, and high abrasion performance properties. Synthetic leather made with this PU solution is used to meet stringent VOC standards and is useful in various industries such as furniture, footwear, automotive, apparel, and accessories.

In January 2020, BASF announced a single-digit million-euro investment in the capacity expansion of water-based polyurethane dispersions with a production capacity of 30% at its Castellbisbal site in Spain.

Global Soft Touch Polyurethane Coatings Market: Key Companies

Key players operating in the global soft-touch polyurethane coatings market are The Sherwin Williams Company, Akzo Nobel N.V., PPG Industries Ltd, Axalta Coatings Systems, Rust-Oleum - RPM International Inc., Aexcel Coatings., Sokan New Materials, and Jotun AS

Definition: Soft-touch polyurethane coatings are advanced coatings that are manufactured by using polyurethane dispersions. These coatings offer a soft feel to the surface, better scratch resistance, heat resistance, and chemical resistance. This coating is classified into solvent-based and water-based. Moreover, these coatings are highly durable and also provide fast dry time.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Base Type
      • Market Snippet, By End Use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Global Soft-Touch Polyurethane Coatings Market, By Product Type 2017 - 2030 (US$ Billion and Tons)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • 2K
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
    • UV
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
  5. Global Soft-Touch Polyurethane Coatings Market, By Base Type, 2017 - 2030 (US$ Billion and Tons)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • Water-based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
    • Solvent-based 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
  6. Global Soft-Touch Polyurethane Coatings Market, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2017 - 2030
      • Segment Trends
    • Furniture and Wood 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
    • Electrical and Electronics 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
    • Transport and Automotive 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
    • Others 
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion and Tons)
  7. Global Soft-Touch Polyurethane Coatings Market, By Region, 2017 - 2030 (US$ Billion and Tons)
    • Introduction
      • Market Share Analysis, By Region, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 - 2030
    • North America
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
    • Latin America
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Rest of Latin America
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
    • Europe
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Nordic
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Benelux
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Poland
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Rest of Europe
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country, 2017 - 2030
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Oceania
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Rest of Asia Pacific
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
    • Middle East & Africa
      • Market Share Analysis, By Country/ Sub-region, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, By Country/ Sub-region, 2017 - 2030
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
        • Rest of Middle East & Africa
          • Sub-region/Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By Base Type, 2017 - 2030 (US$ Billion and Tons)
          • Market Size and Forecast, By End Use Industry, 2017 - 2030 (US$ Billion and Tons)
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • The Sherwin Williams Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Akzo Nobel N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • PPG Industries Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Axalta Coatings Systems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Rust-Oleum - RPM International Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Aexcel Coatings.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Sokan New Materials
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Jotun AS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Global Soft-Touch Polyurethane Coatings Market” – global forecast to 2030

Detailed Segmentation:

  • Global Soft-touch polyurethane coatings Market, By Product Type:
    • 2K
    • UV
  • Global Soft-touch polyurethane coatings Market, By Base Type:
    • Water-based
    • Solvent-based 
  • Global Soft-touch polyurethane coatings Market, By End use Industry:
    • Furniture and Wood 
    • Electrical and Electronics 
    • Transport and Automotive 
    • Others 
  • Global Soft-touch polyurethane coatings Market, By Region:
    • North America
      • U.S.
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Canada
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
    • Latin America
      • Brazil
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Mexico
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Rest of Latin America
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
    • Europe
      • EU 5
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Benelux
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Nordic
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Rest of Europe
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
    • Asia Pacific
      • China
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Japan
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • India
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Australia & New Zealand
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Rest of Asia Pacific
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
    • Middle East & Africa
      • GCC
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • South Africa
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
      • Rest of Middle East & Africa
        • By Product Type
          • 2K
          • UV
        • By Base Type
          • Water-based
          • Solvent-based 
        • By End use Industry
          • Furniture and Wood 
          • Electrical and Electronics 
          • Transport and Automotive 
          • Others 
- Frequently Asked Questions -

What will the market size be in 2030 and at what rate will it grow?

The market for Soft-Touch Polyurethane Coatings is forecast to surpass US$ 14.06 Billion by 2030 witnessing a CAGR of 8.95% between 2023 and 2030.

What are the major growth driving factors for the Market during the forecast period?

Surge in aesthetic as well as soft-touch products Trends and Increased Usage across Industries this factors are driving the market.

What are the segments considered in the market?

The market has been segmented by Product type, Base type and End user industries order across major regions.

What are the major Restraint factors for the Market during the forecast period?

Availability of Master batches is the major factor to hampering the growth
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.