Polyurethane Dispersion Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Dow Chemical Company, BASF SE, Mitsui Chemical Inc., Covestro AG

Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Polyurethane Dispersion Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.9% during the review period (2022 to 2027).

Polyurethane Dispersion Market Overview

Increase in adoption of polyurethane in leather and textile products owing to growing demand for these products for use in daily life and from the fashion industry has significantly contributed towards polyurethane dispersions market growth. In Previous year growing government regulations to ensure low VOC emissions are anticipated to drive demand for water-based polyurethane dispersion, particularly waterborne polyurethane dispersions for textile coatings. Furthermore, rising demand for polyurethane dispersion from textile industries in developing economies is being witnessed. However, high volatility rate in raw materials can hinder overall market growth to some extent.

The rapid urbanization and rise in usage of superior polymeric materials in diverse end-user industries have led to the development of the market. One of the main aspects responsible for the increase in demand for polyurethane dispersions is its wide range of applications in the automobile sector. It is used as adhesives, sealants, and coatings during the production of dissimilar parts of automobiles. Additional main application for polyurethane dispersions is in the paint and coatings sector. These materials are gaining popularity in substantial end-user industries such as the construction industry as it offers high durability and resistance against weathering. Polyurethane dispersions are eco-friendly in nature and are being preferred by the main end-user industries over conventional dispersions where numerous volatile organic chemicals are used. On the other hand polyurethane is also used in the production of furniture as well as leather and textile products. Though, the fluctuating prices of the raw materials limit the polyurethane dispersions market growth.

Recent Developments:

BASF invests in the expansion of polyurethane dispersion business in Europe

January 23, 2020: BASF announced a single-digit million-euro investment in the capacity expansion of water-based polyurethane dispersions at its Castellbisbal site in Spain. The expansion will allow BASF to increase its production capacity by 30 percent.

February 2021, Covestro is planning a new production facility for polyurethane dispersions (PUDs) at the Covestro Integrated Site in Shanghai, China (CISS) to address the rising demand for environmentally compatible coatings and adhesives in the Asia-Pacific region. A further line for polyester resins, from which PUDs are produced, is also to be built there. The plants are due to be completed in 2024.

Who are the Major Players in Polyurethane Dispersion Market?

The Polyurethane Dispersion Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes  Dow Chemical Company, BASF SE, Mitsui Chemical Inc., Covestro AG, Huntsman Corporation, Lubrizol Corporation, Cytec Solvay Group, Perstorp AB, Chase Corporation, Lanxess AG, Lamberti SPA, Rudolf GMBH, Alberdingk Boley GmbH and others.

What are the major Applications, Types and Regions for Polyurethane Dispersion Market?

Polyurethane Dispersion Market is segmented based on the Types, Applications, companies and regions.

By Types

• Low Solvent


• Solvent-free

By Applications

• Paints & Coatings


• Adhesive & Sealants


• Fiber Finishing


• Textile Finishing


• Others

Polyurethane Dispersion Market Regional Analysis

Asia Pacific dominated the market of polyurethane dispersions market in previous year above 31%, due to increasing demand from numerous industries such as paint and coatings, automotive, adhesives & sealants, leather and textiles, construction, and others in Asian countries. Polyurethane dispersion is used as raw material to manufacture synthetic leather and footwear. Therefore, the growing footwear industry is projected to boost the polyurethane dispersions market. According to the Council on leather Exports (CLC), India is the second-largest global producer of footwear after China, accounting for 11% of global footwear production of 17 billion pairs. Also, growing development in the adhesive industry is also estimated to create an opportunity for the market.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Polyurethane Dispersion Market report scope?

Key Takeaways from this Polyurethane Dispersion Report

• Evaluate Polyurethane Dispersion market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Polyurethane Dispersion market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.


• It further investigates the specifics that are positively impacting the profit graph of this business sphere.


• The study also elaborates the critical factors which will augment the commercial terrain of the Polyurethane Dispersion market.

Frequently Asked Questions

What is the study period of this market?

The Polyurethane Dispersion Market is studied from 2017 - 2027.

What is the growth rate of Polyurethane Dispersion Market?

The Polyurethane Dispersion Market is growing at a CAGR of 6.9% over the next 5 years.

Who are the leading key players in Polyurethane Dispersion Market?

Dow Chemical Company, BASF SE, Mitsui Chemical Inc., Covestro AG, Huntsman Corporation, Lubrizol Corporation, Cytec Solvay Group, Perstorp AB, Chase Corporation, Lanxess AG, Lamberti SPA, Rudolf GMBH, Alberdingk Boley GmbH

What regions regions does this Polyurethane Dispersion Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant Types of Polyurethane Dispersion Market?

Low Solvent, Solvent-free

What are the significant Applications of Polyurethane Dispersion Market?

Paints & Coatings, Adhesive & Sealants, Fiber Finishing, Textile Finishing, Others

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.