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According to a new study published by a research organization, the global polyurethane soft
coatings
market will reach US$5.5 billion by 2025, with a compound annual growth rate of about 7.2%.
Polyurethane flexible coatings are used in a wide range of applications, such as automotive and aircraft interiors, wood furniture and door and window finishes, consumer electronics (such as mobile phones, televisions, laptops and computer chassis, etc.), beauty appliances, kitchen appliances, measuring instruments, packaging materials, etc.
In recent decades, in order to improve the fuel efficiency of vehicles, and comply with the requirements of various environmental regulations on carbon emissions, the automotive industry is increasingly using lightweight materials, so most of the automotive metal parts and components are replaced by plastic materials (such as ABS plastics), and in order to make plastic parts have a variety of surface properties, the need to coat their surfaces, thereby indirectly promoting the development of
plastic coatings
, especially polyurethane flexible coatings. Due to its excellent yellowing resistance, scratch resistance, wear resistance and chemical resistance, soft coatings are widely used in automotive interior parts, such as armrests, door trim, airbag covers, steering wheels, control panels, etc.
research points out that although the current high VOC content of solvent-based, two-component coating system is still in use, but by the policy and regulatory guidance and environmental awareness of the impact of the paint industry is moving towards low VOC or zero VOC coatings. Among them, the research and development of water-based polyurethane flexible coatings has been strengthened, and its growth rate is expected to accelerate significantly in the next few years to meet the requirements of its downstream applications (e.g. automotive, wood, furniture, electronic products manufacturing, etc.). It is worth noting that solvent-based polyurethane flexible coatings still have a large market share in the Asia Pacific region.
