Soft Touch Polyurethane Coatings Market Size, Share, Demand & Growth by 2031
Driven by adoption of ultra violet (UV) curable polyurethane (PU) dispersion coatings and growing preference for water based formulations, the soft touch polyurethane coatings market is forecast to reach valuation of US$ 6430 million by the end of 2021. As per newly released data by Future Market Insights (FMI), global sales of overall soft touch polyurethane coatings market enjoyed year-on-year (YoY) growth of 3.50% in 2021 to total 313 kilotons. The sales are expected to grow 1.97X and reach 617 kilotons by the end of 2031, says Future Market Insights. Soft touch polyurethane coatings are all-rounder in terms of application as they are extensively used in coating automotive and aircraft interior components like arm rest, door trims and front control panels to protect them from constant wear and tear. Increasing adoption of ABS plastics in making automotive interiors will accelerate the demand for soft touch polyurethane coatings in upcoming years. They also play an integral