Polyurethane Dispersion - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Polyurethane Dispersion Market is accounted for $2.20 billion in 2018 and is expected to reach $4.74 billion by 2027 growing at a CAGR of 8.9% during the forecast period. Some of the key factors influencing the market growth include increasing demand from various end-use applications such as paints & coating and adhesive & sealants, rise in demand for leather and textile products and growth in the furniture and interiors industries. However, fluctuating prices of raw materials is restraining the market growth.
Polyurethane dispersion or PUD is an aqueous and anionic dispersion having high molecular weight and can be derived from either aromatic or aliphatic isocyanate that can be produced with or without emulsifiers. It possesses excellent properties such as extreme temperature durability, superior tensile strength, high abrasion resistance, and high elasticity which can be used in leather and wood finishes, PVC and concrete floor coverings, and textile coatings.
Based on the type, the solvent-free segment is going to have a lucrative growth during the forecast period. The growth in this segment is attributed to its increasing usage in various application such as paints & coatings because of its excellent mechanical & physical properties and low VOC content.
By Geography, APAC is likely to have a huge demand owing to its increasing usage in various applications such as paints & coatings and adhesive & sealants, among others. Furthermore, increasing investments in the automotive and chemical manufacturing industries will also drive the market in this region. Moreover, countries such as China and India have been scaling up the size of their manufacturing sector.
Some of the key players in global Polyurethane Dispersion market are Cytec Solvay Group, Base SE, Huntsman Corporation, DSM, Mitsui Chemicals Inc., Covestro AG, Lubrizol Corporation, DowDuPont, Inc., Adeka Corporation, Chase Corporation, Hauthway Corporation, Lanxess AG, Alberdingk Boley GmbH, Cytec Industries, Inc., DIC Corporation, Michelman, Inc., Lamberti S.p.A., Rudolf GmbH, Sanyo Chemical Industries, Ltd and VCM Polyurethanes Pvt Ltd.
• Low-Solvent Polyurethane Dispersions
• Solvent-Free Polyurethane Dispersions
• Solvent-based Dispersions
• Water-based Dispersions
• Adhesive & Sealants
• Leather Finishing
• Paints & Coatings
• Textile Finishing
• Fiber Finishing
• Other Applications
End Users Covered:
• Pulp & Paper
• Footwear & Bags
• Textile & Printing
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
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- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
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