The global demand for Polyurethane Dispersion Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Polyurethane dispersions (PUDs) are polymers used as coatings and adhesives in a wide range of applications. PUDs are easy to handle since they use water as the primary solvent. They exhibit exceptional physical properties like low viscosity, high molecular weights, anticorrosive, excellent water, plasticizer resistance, good adhesion, abrasion-resistant, good film-forming properties, high tack, and long life. They are considered environment friendly and are used in industrial coatings, UV coating resins, floor coatings, hygiene coatings, wood coatings, adhesives, concrete coatings, automotive coatings, and clear coatings. In the medical field, they are used to make liquid bandage and packaging applications in the food industry.
Market Dynamics
The growing demand for cost-effective adhesives and coatings with environmental advantages and excellent physical properties will be the main factors anticipated to push the PUDs' market forward. The need for easy to use paints, inks, coatings, and adhesives across various end-user industries will further benefit market growth. Rapid urbanization and the emergence of many applications in the automotive, furniture, footwear, and textiles sector will boost the market growth. Changing lifestyles and the increased use of packaged foods will enhance the demand for these dispersions in the food packaging industry. The main roadblock affecting this market is the high cost of raw materials.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of polyurethane dispersion.
Market Segmentation
The entire Polyurethane Dispersion market has been sub-categorized into product, application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Water-based dispersions
- Solvent-based dispersions
By Application
- Textile Finishing
- Natural Leather Finishing
- Synthetic Leather
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for polyurethane dispersion market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Polyurethane Dispersion Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the polyurethane dispersion market include Alberdingk Boley, Inc., Bayer Material Science, BASF SE, Chemtura Corporation, Cytec Industries Inc., The Dow Chemical Company, Hauthaway Corporation, Lubrizol Corporation, Mitsui Chemicals Inc.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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