| Product Code: ETC8633009 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a declining Compound Annual Growth Rate (CAGR) of -17.93% from 2020 to 2024, Nigeria continued to see significant import shipments of polyurethane coatings. The top exporting countries to Nigeria in 2024 included Germany, China, UAE, Singapore, and South Africa, indicating a diverse source of imports. However, the High Herfindahl-Hirschman Index (HHI) concentration suggests a market dominated by a few key players. The steep growth rate decline of -58.38% from 2023 to 2024 raises concerns about the market`s stability and potential challenges faced by importers and suppliers in the polyurethane coatings industry in Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Polyurethane Coatings Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyurethane Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyurethane Coatings Market - Industry Life Cycle |
3.4 Nigeria Polyurethane Coatings Market - Porter's Five Forces |
3.5 Nigeria Polyurethane Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Nigeria Polyurethane Coatings Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Nigeria Polyurethane Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Nigeria leading to higher demand for polyurethane coatings |
4.2.2 Growing awareness about the benefits of polyurethane coatings in terms of durability and protection |
4.2.3 Rising disposable income and urbanization driving the demand for high-quality coatings in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of polyurethane coatings |
4.3.2 Lack of skilled labor for application and maintenance of polyurethane coatings |
4.3.3 Stringent environmental regulations and concerns regarding the use of polyurethane coatings |
5 Nigeria Polyurethane Coatings Market Trends |
6 Nigeria Polyurethane Coatings Market, By Types |
6.1 Nigeria Polyurethane Coatings Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyurethane Coatings Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Nigeria Polyurethane Coatings Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.4 Nigeria Polyurethane Coatings Market Revenues & Volume, By Solvent-Borne, 2021- 2031F |
6.1.5 Nigeria Polyurethane Coatings Market Revenues & Volume, By Water-Borne, 2021- 2031F |
6.1.6 Nigeria Polyurethane Coatings Market Revenues & Volume, By Radiation-Cured, 2021- 2031F |
6.2 Nigeria Polyurethane Coatings Market, By End-User Industry |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyurethane Coatings Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.3 Nigeria Polyurethane Coatings Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.4 Nigeria Polyurethane Coatings Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.5 Nigeria Polyurethane Coatings Market Revenues & Volume, By Wood and Furniture, 2021- 2031F |
6.2.6 Nigeria Polyurethane Coatings Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Polyurethane Coatings Market Import-Export Trade Statistics |
7.1 Nigeria Polyurethane Coatings Market Export to Major Countries |
7.2 Nigeria Polyurethane Coatings Market Imports from Major Countries |
8 Nigeria Polyurethane Coatings Market Key Performance Indicators |
8.1 Number of new construction projects utilizing polyurethane coatings |
8.2 Adoption rate of polyurethane coatings in key industries such as automotive, aerospace, and construction |
8.3 Customer satisfaction levels with the performance and durability of polyurethane coatings |
9 Nigeria Polyurethane Coatings Market - Opportunity Assessment |
9.1 Nigeria Polyurethane Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Nigeria Polyurethane Coatings Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Nigeria Polyurethane Coatings Market - Competitive Landscape |
10.1 Nigeria Polyurethane Coatings Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyurethane Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |