Soft Touch Polyurethane Coatings Market Analysis and Forecast to 2031: By Base Type (Water-based, Solvent-based), Product Types (2K, UV (Ultra Violet)), End-use Industry (Transport and Automotive, Electrical and Electronics, Wood and Furniture, and Others), and Region

Soft touch polyurethane coatings are a type of coating that is applied to a substrate to create a soft, velvety texture. These coatings are often used on products that require a high level of grip, such as tools, medical devices, and automotive parts.

Key Trends

One of the key trends in soft touch polyurethane coatings technology is the development of water-based formulations. This is in response to the growing demand for more environmentally-friendly products. Water-based formulations are typically more durable and have better abrasion resistance than traditional solvent-based formulations. Another trend is the development of clear coatings. Clear coatings provide a high-gloss finish and can be used to protect underlying surfaces from scratches and other damage.

Key Drivers

Some of the key drivers of the soft touch polyurethane coatings market include an increase in the demand for luxury and premium vehicles, and the growing automotive industry in the Asia Pacific. The luxury and premium vehicle segment is expected to grow at the highest CAGR during the forecast period. The increase in the number of women in the workforce and the rise in disposable incomes are some of the factors that are expected to drive the growth of the luxury and premium vehicle segment.

The automotive industry in the Asia Pacific is expected to grow at a rapid pace during the forecast period. The growing economies in the region, such as China and India, are expected to drive the growth of the automotive industry. The increase in the number of vehicle sales in the region is expected to fuel the demand for soft touch polyurethane coatings.

Restraints & Challenges

The key restraints and challenges in the Soft Touch Polyurethane Coatings market are the high cost of raw materials and the stringent environmental regulations. The high cost of raw materials is a major challenge for the manufacturers of Soft Touch Polyurethane Coatings. The environmental regulations are also a challenge for the manufacturers as they have to comply with the regulations set by the government.

Market Segments

The Soft Touch Polyurethane Coatings Market is segmented on the base type, product types, end-user industry, and region. Based on base type, the market is divided into water based and solvent based. On the basis of product types, it is segmented into 2K and UV. Based on the end-user industry, the market is classified into transport and automotive, electrical & electronics, wood & furniture, and others. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Soft Touch Polyurethane Coatings Market report includes players such as Aexcel Coatings, Axalta Coatings Systems, Akzo Nobel N.V., Jotun AS, PPG Industries Ltd., Rust-Oleum – RPM International Inc., Sokan New Materials, The Sherwin Williams Company, BASF S.E., Allnex, and others.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Soft Touch Polyurethane Coatings Market Outlook
3.1. Soft Touch Polyurethane Coatings Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Soft Touch Polyurethane Coatings Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Soft Touch Polyurethane Coatings Market
4.3. Economic Impact Analysis

Chapter 5. Soft Touch Polyurethane Coatings Market By Base Type
5.1. Market Overview
5.2. Water-based
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Solvent-based
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Soft Touch Polyurethane Coatings Market By Product Types
6.1. Market Overview
6.2. 2K
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. UV (Ultra Violet)
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Soft Touch Polyurethane Coatings Market By End User
7.1. Market Overview
7.2. Transport and automotive
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Electrical and electronics
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Wood and furniture
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Others
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Soft Touch Polyurethane Coatings Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.2.3. North America Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.2.4. North America Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.2.5. The U.S.
8.2.5.1. The U.S. Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.2.5.2. The U.S. Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.2.5.3. The U.S. Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.2.6. Canada
8.2.6.1. Canada Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.2.6.2. Canada Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.2.6.3. Canada Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.2.7. Mexico
8.2.7.1. Mexico Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.2.7.2. Mexico Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.2.7.3. Mexico Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.3. Europe Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.4. Europe Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3.5. Germany
8.3.5.1. Germany Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.5.2. Germany Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.5.3. Germany Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3.6. France
8.3.6.1. France Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.6.2. France Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.6.3. France Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3.7. U.K.
8.3.7.1. U.K. Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.7.2. U.K. Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.7.3. U.K. Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3.8. Spain
8.3.8.1. Spain Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.8.2. Spain Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.8.3. Spain Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3.9. Italy
8.3.9.1. Italy Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.9.2. Italy Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.9.3. Italy Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.3.10. Rest of Europe
8.3.10.1. Rest of Europe Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.3.10.2. Rest of Europe Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.3.10.3. Rest of Europe Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.4.3. Asia-Pacific Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.4.4. Asia-Pacific Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.4.5. China
8.4.5.1. China Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.4.5.2. China Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.4.5.3. China Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.4.6. India
8.4.6.1. India Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.4.6.2. India Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.4.6.3. India Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.4.7. Japan
8.4.7.1. Japan Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.4.7.2. Japan Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.4.7.3. Japan Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.4.8. South Korea
8.4.8.1. South Korea Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.4.8.2. South Korea Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.4.8.3. South Korea Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.4.9. Rest of APAC
8.4.9.1. Rest of APAC Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.4.9.2. Rest of APAC Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.4.9.3. Rest of APAC Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.5.3. Rest of the World Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.5.4. Rest of the World Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.5.5. Latin America
8.5.5.1. Latin America Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.5.5.2. Latin America Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.5.5.3. Latin America Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.5.6. Middle East
8.5.6.1. Middle East Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.5.6.2. Middle East Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.5.6.3. Middle East Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)
8.5.7. Africa
8.5.7.1. Africa Soft Touch Polyurethane Coatings Market Size and Forecast By End User, 2021-2031, ($Million)
8.5.7.2. Africa Soft Touch Polyurethane Coatings Market Size and Forecast By Base Type, 2021-2031, ($Million)
8.5.7.3. Africa Soft Touch Polyurethane Coatings Market Size and Forecast By Product Types, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. Aexcel Coatings
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Axalta Coatings Systems
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Akzo Nobel N.V.
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Jotun AS
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. PPG Industries Ltd
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Rust-Oleum – RPM International Inc
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Sokan New Materials
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. The Sherwin Williams Company
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. BASF S.E
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Allnex
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

 

 

 

Market Segments

By Base Types:

  • Water-based
  • Solvent-based

By Product Types:

  • 2K
  • UV (Ultra Violet)

By End Use:

  • Transport and automotive
  • Electrical and electronics
  • Wood and furniture
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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