The global polyurethane soft sense coating market size will reach $5 billion 500 million by 2025
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.
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