Coating industry: A Research Institute released the latest research report shows that the global market size of polyurethane soft sense in 2025 will reach $5 billion 500 million, an annual compound growth rate is about 7.2%. Polyurethane soft feel coating has a wide range of applications, such as automotive and aircraft interiors, wooden furniture and decorative doors and windows, consumer electronics (such as mobile phone, TV, notebook computer and computer chassis), beauty appliances, kitchen appliances, measuring instruments, packaging materials etc. In recent years, in order to improve the fuel efficiency of vehicles, and comply with the requirements of environmental regulations on carbon emissions, more and more lightweight materials are used in the automotive industry, most of the automotive metal parts are replaced by plastic materials (such as ABS). Moreover, in order to make plastic parts with a variety of surface properties, the need for its surface coating, which indirectly promote the development of plastic coatings, especially the development of polyurethane soft coating. Because of the yellowing resistance, scratch resistance, abrasion resistance and other excellent properties, soft touch coatings are widely used in automotive interiors, such as handrails, door trim, airbags, steering wheel cover, control panel, etc.. It is pointed out that although the solvent based and two-component coating systems with high VOC content are still in use, they are affected by the policy and environmental awareness, coating industry is developing toward low VOC or zero VOC coatings. Among them, research and development of waterborne polyurethane soft feel coating has been continuously strengthened, the next few years the growth rate was significantly accelerated, in order to comply with its downstream applications (such as the car industry, wood industry, furniture industry, electronics manufacturing and other requirements). It is worth noting that, in the Asia Pacific region, solvent based polyurethane soft paint still has a larger market share.

Coating industry: According to industry research firm FreeDonia latest edition of the research report shows that the global paint and coatings emulsion polymer consumption will reach 5 million tons in 2020, compound annual growth rate is about 5.4% and become the main market for all types of emulsion polymer products consumption. The paint industry in the major regions of the world are continuing to develop in the direction of water, so the demand for water based latex paint will promote the further growth of emulsion polymer consumption. It is expected that in developing countries, the development of water-based coatings will be the most obvious, because these markets in the rapid growth of the overall coating industry at the same time, most likely to replace water-based solvent based paint.  In addition, the healthy development of the construction industry in North America as well as the recovery of Western Europe's economy, will also further demand for emulsion polymer product consumption.  Upgrading from a solvent based to an aqueous system is the most important strategy to meet the requirements of VOC regulations. In North America and Western Europe, the trend of waterborne coating system is the most common, because these areas are the most stringent emission regulations. At the same time, because of the water technology to meet environmental regulations and its performance advantages (such as durability, low odor, easy to use and clean, etc.), has been rapidly gaining consumer interest in the world.  FreeDonia company believes that in 2015 the water paint has accounted for more than half of global paint and paint production, the rest of the system includes solvent based coatings, powder coatings and radiation curing products. Water based coatings are dominant in most areas of the architectural coatings market, but in developing countries (such as India) the utilization rate is low, because these countries are still heavily dependent on lower quality products.  In addition, the Asia Pacific region is also in the market for water-based paint, because Japan and South Korea and other large industrial projects dominated the industrial structure, resulting in industrial coatings more dominant than building coatings.  In addition, the report also shows that the global emulsion polymer overall demand in 2015 is 10 million 200 thousand tons, the market value of $27 billion 500 million, an average annual growth rate in the future is expected to reach 4.2% by 2020, the total amount of up to 12 million 500 thousand tons, the market value of $37 billion 200 million. Growth momentum, in addition to high quality coatings, but also strong growth in consumption of paper and adhesives, especially in emerging economies in Southeast Asia.  Chinese is expected in 2020 will account for more than 25% of the global sales of emulsion polymer, its domestic paint, paper and adhesive industry has received great support for consumption, an...

Coating industry: Research Institute Zion Market Research released the latest research report shows that the global market for water-based coatings in 2015 was $58 billion 390 million in 2021 will reach $78 billion 240 million, an annual compound growth rate of 5%. Waterborne coatings are widely used in the field of automobile coating. All the automobile manufacturers are concerned about the technology of coating water and realize its importance, moreover, the water-borne coating technology in the field of rapid development. As we all know, water based paint is used as solvent, which has the characteristics of environmental protection, easy construction, heat resistance and wear resistance. Although there are some limitations in the performance of waterborne coatings, but because of strict regulation and supervision, and people's awareness of the environmental risk of solvent based coatings, the momentum of development is strong, moreover, environmentally friendly waterborne coatings are becoming more and more developed, and applied to the downstream industries, including construction, shipbuilding industry, furniture manufacturing, automobile industry etc. Water based coatings can be divided into the following categories: acrylic paint, polyester coating, alkyd coatings, epoxy coatings, polyurethane coatings, PTFE coatings, PVDF coatings, PVDC coatings, etc. Among them, acrylic resin in the application of water-based coatings, accounting for 80% of the entire water-based coatings (2015 data), and its cost is relatively low, the application is very extensive. According to the application of waterborne coatings can be subdivided into: architectural coatings, automotive coatings, industrial coatings, protective coatings, wood coatings, marine coatings, packaging coatings, coil coatings etc. Among them, the highest proportion of applications in the field of construction, about 85% (2015 data show). Analysis pointed out that in the next few years, the development of waterborne coatings in the automotive industry in developing countries and regions fastest. The study pointed out that in 2015 the Asia Pacific region is the largest market for water-based coatings, followed by North America and Western Europe, and this trend will continue in the next few years. In terms of the Asia Pacific region, mainly by India, China, Indonesia and other countries to stimulate the construction of increasingly prosperous infrastructure, water paint market potential. It is worth noting that, in some countries, such as the United States, China, Germany and other factors due to increased domestic demand, rising income levels, resource rich and easy to drive and other factors, and gradually become the world's major regional market for water-based coatings. 

Coating industry: In, the global wood adhesive market grew at a compound annual rate of 3.1%, and the market size is expected to reach US $5 billion 240 million by 2026. Furniture, wood processing and construction industries, such as the growth of the market, the increase in urban population, the global economic recovery is an important factor in the growth of the global wood adhesive market. The furniture is wood adhesive application market of the largest city, population growth, housing growth driven by the growth of the furniture industry, promote the development of wood adhesives market. According to the type of resin, global wood adhesive is divided into natural resin adhesive and synthetic resin adhesive. Synthetic resin is expected to be the largest market share in the global wood adhesives market due to the excellent performance of synthetic resin wood adhesives, such as fast curing time and consumer use. Synthetic resin wood adhesives are increasingly used in furniture, flooring, plywood, cabinets. North America, Europe, Asia Pacific, South America and the Middle East and Africa as the world's most important area of wood adhesives, Asia Pacific leading global wood adhesives market. China and India are major markets for wood adhesives in the Asia Pacific region. Increase in construction activity, income levels, and lifestyle changes are leading to growing demand for wood adhesives in the Asia Pacific region. However, in European countries, environmental regulations as a major constraint affecting the growth of the global wood adhesive market. According to the EU environmental law, there are more than 500 directives, regulations and relevant environmental and green environmental decisions. The main environmental regulations include the environmental protection agency act of 1992, the planning and development act of 2000 and the environmental law of the year of 2003.