Global Soft Touch Polyurethane Coatings Market is Estimated To Witness High Growth Owing To Rising Demand for Eco-friendly Coatings

The 2K Protective Coatings market is projected to grow from USD 8.6 billion in 2020 to USD 10.8 billion by 2025, at a CAGR of 4.8% between 2020 and 2025.

Growing demand from the civil building and infrastructure industry in APAC is likely to boost the 2K protective coatings market.♦ To know about the assumptions considered for the study download the pdf brochureThe key market players are AkzoNobel N.V. (Netherlands), PPG Industries (US), The Sherwin-Williams Company (US), Jotun A/S (Norway), Hempel A/S (Denmark), Chugoku Marine Paints Ltd. (Japan), Nippon Paints Holdings Co. Ltd. (Japan), Kansai Paint Co., Ltd. (Japan), Sika AG (Switzerland), and RPM International Inc. (US).

These players have adopted various strategies, such as merger & acquisition, investment & expansion, new product launch, partnership & agreement to grow in the market.

Merger & acquisition was the key strategy adopted by the major players between 2016 and 2021.

This strategy strengthened their market position and increased their presence in emerging economies.AkzoNobel N.V. (Netherlands) is a diversified chemical company active in the fields of decorative paints and performance coatings.

In March 2020, AkzoNobel launched ultimate rust-busting metal paint, which is designed to usher in the next evolution in superior metal protection.

Tetrahydrofuran Market: An OverviewThe global Tetrahydrofuran market was valued at USD 3.2 trillion in 2019 and is expected to reach USD 5.45 trillion by 2027, at a CAGR of 6.8 percent, according to the current analysis of Reports and Data.

With a relatively low boiling point and first-rate solvency, tetrahydrofuran is an excellently stable compound.

THF is widely used in the synthesis of polytetramethylene ether glycol (PTMEG) for the dissolution of many substances as well as feedstocks.

Tetrahydrofuran helps to improve the solvency of different polymer compounds in conjunction with methyl-ethyl-ketone.

Tetrahydrofuran Market DynamicsAs the compound has a wide variety of applications for PVC top coatings in the automotive industry and polyurethane coatings for fabric finishes, the tetrahydrofuran market is growing.

In addition, in market segments such as PVC welding components, and other leather-related adhesive applications, and polymer compositions, tetrahydrofuran use has proliferated.

Liquid Roofing Market Segmentation:Global Liquid Roofing Market Forecast has been segmented based on Type, Roof Type and Application.By Type, Global Liquid Roofing Market has been segmented into polyurethane coatings, acrylic coatings, PU/acrylic hybrids, silicone, bituminous, EPDM polymers, modified silane polymers, cementitious membrane, elastomeric membranes, and epoxy coatings.By Roof Type, Global Liquid Roofing Market has been segmented into flat roofs, new builds, pitched roofs, domed roofs, warm roofs, green roofs, and others.By Application, Global Liquid Roofing Market has been segmented into residential buildings, industrial facilities, commercial buildings, and public infrastructure.Regional Analysis:By Region, Global Liquid Roofing Market has been segmented into North America, Latin America, Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).APAC dominated the Global Liquid Roofing Market on account of increasing infrastructural activities in the region which generates huge demand for liquid roofing.

Growing investment in state-development programs in emerging economies if the region such as India, China, and Indonesia contribute significantly to market growth.North America is the second largest market for Liquid Roofing.

The flourishing construction industry in the region and an increase in renovation activities is auguring the growth of the market.Rebound in constructional activities is estimated to support the growth of the Europe market while the Latin America market will be driven by rapid development of emerging economies such as Argentina, Brazil, and Chile.The MEA market is expected to exhibit substantial growth due to growing constructional and infrastructural activities in the region.Get Free Sample @ https://www.marketresearchfuture.com/sample_request/1710Competitive Landscape:Kemper System Inc. (US), BASF SE (Germany), PARKER HANNIFIN CORP (US), Indium Corporation (US), Akzo Nobel N.V. (Netherlands), ALT Global, LLC (US), KRATON CORPORATION (US), Johns Manville (US), The DowDuPont Inc. (US), Sika AG (Switzerland), Saint-Gobain (US), and 3M (US) are the key players in the Global Liquid Roofing Market.Market Analysis:Liquid Roofing has emerged as novel technology at the forefront of the waterproofing technology.

As per the analysis of Market Research Future (MRFR), the Global Liquid Roofing Market is expected to showcase striking growth over the forecast period of 2017-2023.The Liquid Roofing Market is driven by rising interest in cool roofing aimed at energy efficiency and growing use of Liquid Roofing in various end-use industries.

Fast track industrialization, as well as urbanization across the globe, is fostering the growth of the Global Liquid Roofing Market.Growth in the Global Liquid Roofing Market is driven by expansion in both commercials as well as residential construction sector as well as by rising acceptance of Liquid Roofing among consumers due to its robust performance.

Moreover, the general economic environment supports continued growth in Liquid Roofing Demand.Continued adoption of Liquid Roofing due to environmentally friendly aspects is a significant growth driver.

Increasing anxiety regarding energy efficacy in the region, technological enhancement, growing customer awareness regarding thermal insulation, rising shift towards sustainable construction, and presence of major industries in the region are documented as major factors of North America Polyurethane (PU) Market that are estimated to enhance the growth in the years to come.

However, poor thermal capability and weather ability and its flammable property may restrain overall market growth in the coming years. North America Polyurethane (PU) industry is segmented based on product type, end use, and region

Polyurethane elastomers, rigid polyurethane foam, adhesives & sealants, flexible polyurethane foam, polyurethane coatings, and other product types could be explored in North America Polyurethane (PU) in the forecast period. Polyurethane elastomers sector comprises cast polyurethane elastomers, sprayed polyurethane elastomers, and others.