Polyurethane coating: the environmental protection darling of European and American markets!

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The demand for polyurethane coatings in the European and American markets continues to rise, thanks to its excellent performance and environmental protection characteristics. According to the latest data, the global polyurethane coatings market size has reached US$17.4 billion in 2021, and it is expected that the market size will grow at a CAGR of 5.48% to US$25.3 billion from 2023 to 2028. The European and American markets occupy an important position in the global polyurethane coatings market, and the European market size is expected to grow at a CAGR of 5.7%.

The demand growth of polyurethane coatings in European and American markets is mainly due to its environmental performance and excellent physical properties. For example, polyurethane coatings have good abrasion, weather and chemical resistance, making them popular in the construction and furniture industries. In addition, polyurethane coatings are becoming an environmentally friendly option, attracting more and more businesses and consumers. With the increasingly stringent environmental regulations, the demand for polyurethane coatings in the European and American markets will continue to grow.

In the German market, polyurethane coatings are also an important application field. The country is the largest producer and consumer of polyurethane coatings in Europe. The demand for polyurethane coatings in the German construction industry continues to grow, especially in energy-efficient construction and renovation projects. This is due to the German government's strong support for energy-efficient buildings and strict enforcement of environmental regulations.

In the US market, the application of polyurethane coatings in the automotive industry has also received widespread attention. According to the latest data, the demand for polyurethane coatings in the U.S. auto original parts market will reach $4.8 billion in 2021. This growth trend is expected to continue as more automakers focus on environmental protection and energy efficiency to meet emission standards set by agencies such as the U.S. Environmental Protection Agency (EPA) and the California Air Resources Board (CARB).

The Swedish furniture giant has been looking to reduce the use of harmful substances and improve the environmental performance of its products. Since 2010, IKEA has widely used polyurethane coatings to replace traditional paints and varnishes. Today, polyurethane coatings are the main coating type for IKEA products. This move not only improves the quality and environmental performance of IKEA products, but also reduces production costs and creates higher value for the company.

In addition to Germany and the United States, other European and American countries are also gradually promoting the application of polyurethane coatings. For example, the demand for polyurethane coatings in the UK construction industry is also growing, especially in energy-efficient construction and renovation projects. At the same time, automobile manufacturers in France, Italy and other countries have also begun to use polyurethane coatings to meet the ever-increasing environmental protection requirements.

In general, the demand for polyurethane coatings in the European and American markets will continue to grow. As more and more enterprises and consumers begin to pay attention to environmental protection and sustainability, polyurethane coatings, as an environmentally friendly coating, have broad market prospects and application space. At the same time, with the continuous development of technology and the continuous expansion of applications, the performance and quality of polyurethane coatings will also continue to improve, providing more and better coating choices for various industries in the European and American markets.