Global Polyurethane Coatings Market Size & Outlook

The global polyurethane coatings market size was estimated at USD 20,538.0 million in 2024 and is projected to reach USD 28,162.6 million by 2030, growing at a CAGR of 5.4% from 2025 to 2030.
Revenue, 2024 (US$M)
$20,538.0
Forecast, 2030 (US$M)
$28,162.6
CAGR, 2025 - 2030
5.4%
Report Coverage
Worldwide

Global polyurethane coatings market highlights

  • The global polyurethane coatings market generated a revenue of USD 20,538.0 million in 2024 and is expected to reach USD 28,162.6 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.4% by 2030.
  • In terms of segment, solvent-borne accounted for a revenue of USD 13,110.6 million in 2024.
  • Powder is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 20,538.0 million
Market revenue in 2030USD 28,162.6 million
Growth rate5.4% (CAGR from 2025 to 2030)
Largest segmentSolvent-borne
Fastest growing segmentPowder
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolvent-borne, Water-borne, Powder, Radiation-based

Other key industry trends

  • In terms of revenue, the North America accounted for 17.7% of the global polyurethane coatings market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 496.7 million by 2030.

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Polyurethane Coatings Market Companies

Name Profile # Employees HQ Website
Donau Carbon View profile 251-500 Dunnellon, Florida, United States, North America https://www.donau-carbon-us.com/
Jotun View profile 10001+ Mumbai, Maharashtra, India, Asia http://www.jotun.com
Valspar View profile 10001+ Minneapolis, Minnesota, United States, North America https://www.valspar.com/
Axalta Coating Systems Ltd View profile 12000 50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, United States, 19342 https://www.axalta.com
RPM International Inc View profile 17274 2628 Pearl Road, P.O. Box 777, Medina, OH, United States, 44256 https://www.rpminc.com
Sherwin-Williams Co View profile 64088 101 West Prospect Avenue, Cleveland, OH, United States, 44115-1075 https://www.sherwin-williams.com
PPG Industries Inc View profile 53000 One PPG Place, Pittsburgh, PA, United States, 15272 https://www.ppg.com
Akzo Nobel NV View profile 35500 Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW https://www.akzonobel.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Global polyurethane coatings market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyurethane coatings market will help companies and investors design strategic landscapes.


Solvent-borne was the largest segment with a revenue share of 63.84% in 2024. Horizon Databook has segmented the Global polyurethane coatings market based on solvent-borne, water-borne, powder, radiation-based covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Polyurethane Coatings Technology Outlook (Revenue, USD Million, 2018-2030)
    • Solvent-borne
    • Water-borne
    • Powder
    • Radiation-based
  • Global Polyurethane Coatings End Use Outlook (Revenue, USD Million, 2018-2030)
    • Automotive
    • Transportation
    • Construction
    • Electrical and Electronics
    • Wood and Furniture
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global polyurethane coatings market , including forecasts for subscribers. This global databook contains high-level insights into Global polyurethane coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global polyurethane coatings market size, by regions, 2018-2030 (US$M)

Top 10 countries: Polyurethane coatings market size, 2024 (US$M)

Global polyurethane coatings market share, by technology, 2024 & 2030 (%, US$M)

Polyurethane coatings market: Opportunity assessment by country

Global polyurethane coatings market, by region, 2024 (US$M)

Global polyurethane coatings market size, by regions, 2018-2030 (US$M)

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