Global Soft Touch Polyurethane Coatings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

2K, and UV.

By Base Type;

Water-based, and Solvent-based.

By End Use Industry;

Transport and Automotive, Electrical and Electronics, Wood and Furniture, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn118003551 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Soft Touch Polyurethane Coatings Market (USD Million), 2021 - 2031

In the year 2024, the Global Soft Touch Polyurethane Coatings Market was valued at USD 6,678.13 million. The size of this market is expected to increase to USD 10,935.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.3%.

The Global Soft Touch Polyurethane Coatings Market is experiencing significant growth driven by increasing consumer demand for enhanced tactile experiences across various industries. Soft touch polyurethane coatings are renowned for their ability to provide a smooth, velvety feel to surfaces while offering durability and aesthetic appeal. These coatings find widespread application in automotive interiors, consumer electronics, furniture, and packaging, where they enhance the tactile sensation and improve the overall user experience.

In the automotive sector, soft touch polyurethane coatings are extensively used on dashboards, door panels, and steering wheels to create a luxurious and comfortable interior environment. The coatings not only offer a soft feel but also provide resistance to scratches, abrasion, and chemicals, thereby enhancing the longevity of interior components. Similarly, in consumer electronics, these coatings are employed on devices such as smartphones, tablets, and laptops to impart a premium, non-slip grip while protecting against wear and fingerprints.

The furniture industry utilizes soft touch polyurethane coatings to elevate the aesthetic appeal of furniture surfaces, providing a luxurious tactile experience that enhances customer satisfaction. The coatings offer versatility in design by allowing manufacturers to achieve matte, satin, or glossy finishes that complement various furniture styles and materials. As consumer preferences continue to evolve towards products that combine functionality with tactile comfort and aesthetic appeal, the global market for soft touch polyurethane coatings is poised for continued expansion across diverse application sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Base Type
    3. Market Snapshot, By End Use Industry
    4. Market Snapshot, By Region
  4. Global Soft Touch Polyurethane Coatings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Premium Consumer Goods
        2. Advancements in Coating Technology
        3. Rising Disposable Income
      2. Restraints
        1. High Cost of Raw Materials
        2. Stringent Environmental Regulations
        3. Competition from Substitute Materials
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Growth in Automotive and Electronics Sectors
        3. Development of Sustainable Coating Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Soft Touch Polyurethane Coatings Market, By Product Type, 2021 - 2031 (USD Million)
      1. 2K
      2. UV
    2. Global Soft Touch Polyurethane Coatings Market, By Base Type, 2021 - 2031 (USD Million)
      1. Water-based
      2. Solvent-based
    3. Global Soft Touch Polyurethane Coatings Market, By End Use Industry, 2021 - 2031 (USD Million)
      1. Transport and Automotive
      2. Electrical and Electronics
      3. Wood and Furniture
      4. Others
    4. Global Soft Touch Polyurethane Coatings Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Akzo Nobel N.V.
      3. PPG Industries, Inc.
      4. Axalta Coating Systems
      5. Sherwin-Williams Company
      6. Covestro AG
  7. Analyst Views
  8. Future Outlook of the Market