Global Polyurethane Dispersion Market, 2014-2024

Global Polyurethane Dispersion Market, 2014-2024

Polyurethane dispersion is an aqueous and anionic dispersion. Polyurethane dispersions are derived from polyols, isocyanate monomers, and water-dispersing monomers i.e anionic, nonionic, and cationic, by converting the solution of polyurethane in an organic solvent into an aqueous dispersion or of dispersing a liquid pre-polymer stage with or without solvent in water. It having high molecular weight. Polyurethane dispersion offers wide range of superior properties, such as abrasion resistance, impact strength and low temperature flexibility.

Polyurethane dispersion categories by water based and solvent based. Water based polyurethane dispersion offer various advantages, including low viscosity, high molecular weights, and good film forming properties which employed widely polymers with a diverse range of applications, including paints, inks, coatings, adhesives, paper, and textiles. Polyurethane dispersion is excellent choice of materials for reducing the emission of volatile organic compounds (VOC) generated by organic solvents. Polyurethane dispersions are not a direct plug-in for the solvent-based polyurethanes. The film forming mechanism of the polyurethane dispersion is very different from that of the solvent-based resins. Solvent-based coatings are being replaced with eco-friendly water-based polyurethane dispersions.

Polyurethane dispersions used in leather and wood finishes, PVC and concrete floor coverings, textile coatings, automotive, electronics, adhesives & sealants, paper, and fiberglass sizing.

The global polyurethane dispersion market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global polyurethane dispersion market is growing at a fast pace and increasing its geographical footprint rapidly. The global polyurethane dispersion market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to growing urbanization rise demand for polyurethane dispersion-based coatings and sealants in building & construction industry and automotive sector. Make in India” is an Indian government initiative to encourage the manufacturing sector and attract FDI in the country. The major growth driver for polyurethane dispersion market globally is the high demand from the end user industry application including, textile & leather industry, paints & coatings application, footwear and lucrative luggage bags. Also, increasing disposable income drive the market globally.

Polyurethane dispersion enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of polyurethane dispersion market globally. The companies that lead global polyurethane dispersion market are Michelman, DowDuPont, BASF SE, Cytec Industries, 3M, The Lubrizol Corp, Mitsui Chemicals Inc., Lamberti S.p.A., Perstorp Holding AB, LANXESS AG, Hauthaway Corporation, Alberdingk Boley GmbH, Chase Corporation, Allnex, Covestro AG, VCM Polyurethanes Pvt. Ltd., and Chemtura Corporation.

Research Methodology

The research process includes the market segmentation of the global polyurethane dispersion market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global polyurethane dispersion market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

Insights on the global polyurethane dispersion industry dynamics
Estimation of the present global polyurethane dispersion market size in terms of value and volume
Global polyurethane dispersion market breakup based on type and application.
Verified global polyurethane dispersion market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global polyurethane dispersion industry value chain.