You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

DUBLIN, May 27, 2020 /PRNewswire/ -- The "Global Polyurethane (PU) Coatings Market by Technology (Chemical Vapor Deposition vs Physical Vapor Deposition), Substrate (Metal, Ceramic, Composite, Others), End-use (Electronics, Mechanical, Industrial. Medical, Others), Company and Region - Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering. The Global Polyurethane (PU) Coatings Market is expected to grow at a formidable rate during the forecast period.The market is driven by rapid expansion of the automotive industry at the global level. Moreover, because of several benefits offered by polyurethane (PU) coatings such as high-performance abrasion resistance and corrosion resistance, among others, the polyurethane coating is widely used in numerous industries, which is positively impacting the growth of the market, globally. Also, continuous technological innovations in this market are further expected to bolster the growth of the market over the next few years.The Global Polyurethane (PU) Coatings Market is segmented based on type, end-industry, company and region. Based on type of type, the market can be categorized into solvent-borne, water-borne, high solid and PU powder coating. The water-borne segment dominated the market until 2019 in terms of largest market share and is anticipated to dominate the market during the forecast years. This can be ascribed to the low content of volatile organic compound in the water borne polyurethane. Therefore, on comparing it to other alternatives, water borne polyurethane is more preferred coating, which is anticipated to fuel the growth of this segment over the next five years. In addition to this, the PU powder coatings segment is also forecast to register high growth during the next five years on account of more resistant to chipping, fading, scratching and wearing than other finishes.Major players operating in the Global Polyurethane (PU) Coatings Market include AkzoNobel NV, PPG Industries, Sherwin William, RPM International, Axalta Coating Systems, Asian Paints Limited, BASF, Bayer Materialscience, Jotun, Valspar Corporation, Evonik Industries, Covestro, Solvosol, Endura and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new developments to increase their customer bases.Years considered for this report: Historical Years: 2015-2018 Base Year: 2019 Estimated Year: 2020 Forecast Period: 2021-2025 Objective of the Study To analyze and estimate the market size of the Global Polyurethane (PU) Coatings Market from 2015 to 2018. To estimate and forecast the market size of the Global Polyurethane (PU) Coatings Market from 2019 to 2025 and growth rate until 2025. To classify and forecast the Global Polyurethane (PU) Coatings Market based on type, end-industry, company and regional distribution. To identify dominant region or segment in the Global Polyurethane (PU) Coatings Market. To identify drivers and challenges for the Global Polyurethane (PU) Coatings Market. To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Polyurethane (PU) Coatings Market. To conduct pricing analysis for the Global Polyurethane (PU) Coatings Market. To identify and analyze the profile of leading players operating in the Global Polyurethane (PU) Coatings Market. To identify key sustainable strategies adopted by market players in the Global Polyurethane (PU) Coatings Market. Key Topics Covered 1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Polyurethane (PU) Coatings Market4. Executive Summary5. Voice of Customer5.1. Product Awareness5.2. Customer Satisfaction Analysis5.3. Unmet Needs/Challenges6. Global Polyurethane (PU) Coatings Market Outlook6.1. Market Size & Forecast6.1.1. By Value & Volume6.2. Market Share & Forecast6.2.1. By Type (Solvent-Borne, Water-Borne, High Solids, PU Powder Coating)6.2.2. By End Industry (Automotive & Transportation, Wood & Furniture, Industrial, Construction, Textile & Apparels, Electrical & Electronics, Others)6.2.3. By Company (2019)6.2.4. By Region6.3. Market Attractiveness Index7. Asia-Pacific Polyurethane (PU) Coatings Market Outlook8. Europe Polyurethane (PU) Coatings Market Outlook9. North America Polyurethane (PU) Coatings Market Outlook10. South America Polyurethane (PU) Coatings Market Outlook11. Middle East & Africa Polyurethane (PU) Coatings Market Outlook12. Market Dynamics12.1. Drivers12.2. Challenges13. Market Trends & Developments14. Competitive Landscape14.1. AkzoNobel N.V.14.2. PPG Industries14.3. Sherwin Williams14.4. RPM International Inc.14.5. Axalta Coating Systems14.6. Asian Paints Limited14.7. BASF SE14.8. Bayer Materialscience14.9. Jotun A/S14.10. Valspar Corporation14.11. Evonik Industries AG14.12. Covestro AG14.13. Solvosol14.14. Endura15. Strategic Recommendations For more information about this report visit https://www.researchandmarkets.com/r/ljr373 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected]ts.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Global Polyurethane (PU) Coatings Market by Technology, Substrate, End-use, Company and Region - Forecast to 2025