Market Overview

The Global Polyurethane Powder Coatings Market was valued at USD 19,569.0 million in 2023 and is expected to reach USD 29,133.3 million by 2031 while growing at a CAGR of 5.1% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global polyurethane powder coatings market growth. Polyurethane powder coatings, a dry finishing process, apply a protective or decorative layer to various substrates like metal, plastic, wood, or other materials. The method involves electrostatically spraying a fine powder of polyurethane resin onto an electrically grounded substrate, causing the powder particles to adhere through electrostatic attraction.

Increasing demand for polyurethane powder coatings is driven by factors such as improved durability, enhanced performance, and a focus on environmental compliance. Despite this growth, obstacles like high initial costs and curing process constraints may impede market expansion.

Furthermore, the global polyurethane powder coatings industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Coating Type Analysis

The Global Polyurethane Powder Coatings Market is segmented among Protective Coatings, and Other Coating Types, based on Coating Type. In 2023, Protective Coatings accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End-user Industry Analysis

The Global Polyurethane Powder Coatings Market is segmented among Aerospace, Automotive, Building and Construction, Furniture, Marine, and Others, based on End-user Industry. In 2023, Automotive accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Polyurethane Powder Coatings Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Aexcel Coatings, Akzo Nobel N.V., Asian Paints, Axalta Coatings Systems, BASF SE, Berger Paints India Limited, CARPOLY, Chugoku Marine Paints, Ltd. Hempel A/S, and Jotun.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Polyurethane Powder Coatings Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Polyurethane Powder Coatings Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Polyurethane Powder Coatings Market Segmentation, By Coating Type  

• Global Polyurethane Powder Coatings Market Share Analysis, By Coating Type  

• Global Polyurethane Powder Coatings Market Growth Analysis, By Coating Type  

• Global Polyurethane Powder Coatings Market Trends, By Coating Type

o Protective Coatings

o Other Coating Types

6. Global Polyurethane Powder Coatings Market Segmentation, By End-user Industry

• Global Polyurethane Powder Coatings Market Share Analysis, By End-user Industry

• Global Polyurethane Powder Coatings Market Growth Analysis, By End-user Industry

• Global Polyurethane Powder Coatings Market Trends, By End-user Industry

o Aerospace

o Automotive

o Building and Construction

o Furniture

o Marine

o Others

7. Global Polyurethane Powder Coatings Market Segmentation, By Region

• Global Polyurethane Powder Coatings Market Share Analysis, By Region

• Global Polyurethane Powder Coatings Market Growth Analysis, By Region

• Global Polyurethane Powder Coatings Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Aexcel Coatings*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Akzo Nobel N.V. 

• Asian Paints

• Axalta Coatings Systems

• BASF SE

• Berger Paints India Limited

• CARPOLY

• Chugoku Marine Paints, Ltd

• Hempel A/S

• Jotun

 *Similar analysis will be provided for each company listed above.