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A recent report published by Infinium Global Research on
polyurethane dispersion market provides in depth analysis of segments and
sub-segments in global as well as regional polyurethane dispersion market. The
study also highlights the impact of drivers, restraints and macro indicators on
the global and regional polyurethane dispersion market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global polyurethane dispersion market. Polyurethane
dispersions (PUD) are high solid dispersions of polyurethane polymers in water.
They are solvent based and widely used in applications such as textile,
leather, adhesives, coatings, etc. According to report the global polyurethane
dispersion market is projected to grow at a CAGR of 6.2% over the forecast
period of 2017-2023.
Figure 1:
Global Polyurethane Dispersion Market by Value 2015-2023
Market Insights
One of the major drivers in the global polyurethane dispersions
market is demand from adhesives and coatings industry. Growing demand for
textile and leather products in daily life and from industries such as
furniture, automobiles and interior has paced up the market. Another characteristic
that is augmenting the market growth is eco-friendly behavior of polyurethane
dispersions. Furthermore, several advantages such as absence of volatile
organic compounds (VOC), harmful monomers and other toxic compounds and
elimination of odor along with polyurethane-like performance have increased its
demand globally. Polyurethane dispersions hold high degree of toughness due to
which demand is largely triggered in coatings, paints and adhesive industries
driving the market growth globally. In coming future, new regulations are
expected to cut the amount of VOC allowed in paints, coatings and adhesives
this is expected to serve potential opportunities to the global polyurethane
dispersions market to flourish.
Segment Covered
The report on global polyurethane dispersion market covers
segments such as, application and product. On the basis of application the
global polyurethane dispersion market is categorized into natural leather
finishing, synthetic leather, textile finishing and others. On the basis of
product type global polyurethane dispersions market can be segmented as water
based polyurethane dispersions and solvent based polyurethane dispersions.
Water based polyurethane dispersions have attributes such as heat resistant,
endurance and fast drying. They have lower amount of volatile organic compounds
and hazardous air pollutants. Water based polyurethane dispersions are largely
used over solvent based product type due to its environment friendly behavior
that make them more suitable for manufacturers to comply in accordance with
government regulations.
Geographic Coverage
The report provides regional analysis covering geographies such as
North America, Europe, Asia-Pacific, Latin America and Rest of the World. In this section the
key trends and market size for each geography is provided over the period of
2015-2023.
Figure 2: Global Polyurethane
Dispersion Market by Region, CAGR % 2017-2023
The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain, and Rest of Europe are included in the European region. The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a
growth at a CAGR of x.x% over the period of 2017-2023.
Companies Profiled:
The report provides profiles of the companies in the global
polyurethane dispersion market such as, Bayer MaterialScience AG, BASF SE,
Alberdingk Boley, Chemtura Corporation, Dow Chemical Company, LyondellBasell,
Reichhold, Stahi, DSM Neoresins and Hauthaway Corporation.
Report Highlights:
The report provides deep insights on demand forecasts, market
trends and micro and macro indicators. In addition, this report provides
insights on the factors that are driving and restraining the global
polyurethane dispersion market. Moreover, IGR-Growth Matrix analysis given in
the report brings an insight on the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter's five forces analysis and DRO analysis of
polyurethane dispersion market.
Moreover, the study highlights current market trends and provides forecast from 2017-2023. We also have highlighted future trends in the polyurethane dispersion market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the polyurethane dispersion market to understand the present and future trends in this market and formulate their strategies accordingly.
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