Asia Pacific Polyurethane Coatings Market Size & Outlook
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Asia Pacific polyurethane coatings market highlights
- The Asia Pacific polyurethane coatings market generated a revenue of USD 11,358.8 million in 2024.
- The market is expected to grow at a CAGR of 5.4% from 2025 to 2030.
- In terms of segment, solvent-borne was the largest revenue generating technology in 2024.
- Powder is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 11,358.8 million |
| Market revenue in 2030 | USD 15,543.5 million |
| Growth rate | 5.4% (CAGR from 2025 to 2030) |
| Largest segment | Solvent-borne |
| Fastest growing segment | Powder |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solvent-borne, Water-borne, Powder, Radiation-based |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 55.3% of the global polyurethane coatings market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5,063.6 million by 2030.
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Polyurethane Coatings Market Scope
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 |
Asia Pacific 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 Asia Pacific polyurethane coatings market based on solvent-borne, water-borne, powder, radiation-based covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of polyurethane coatings market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific polyurethane coatings market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific polyurethane coatings market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific polyurethane coatings market size, by country, 2018-2030 (US$M)
Asia Pacific Polyurethane Coatings Market Outlook Share, 2024 & 2030 (US$M)
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