Market Research Logo

Polyurethane Dispersion Market by Type (Low Solvent, Solvent-Free), Application (Paints & Coating, Adhesive & Sealants, Leather Finishing, Textile Finishing), And Region (North America, Europe, Asia Pacific, MEA, SA) - Global Forecast to 2024

Polyurethane Dispersion Market by Type (Low Solvent, Solvent-Free), Application (Paints & Coating, Adhesive & Sealants, Leather Finishing, Textile Finishing), And Region (North America, Europe, Asia Pacific, MEA, SA) - Global Forecast to 2024

“Increasing demand from automobile, textile and leather industries to drive the overall growth of polyurethane dispersion market”

The polyurethane dispersion (PUDs) market size is expected to grow from USD 2.4 billion in 2019 to USD 3.4 billion by 2024, at a CAGR of 7.1% during the forecast period. The PUDs market is driven by various factors, such as high demand from textile & leather industry, and increasing usage in paints & coatings application. The growth of these industries is anticipated to further propel the growth of the market over the forecast period. However, fluctuating raw material prices are likely to hinder the growth of the market.

Solvent-free polyurethane dispersions to drive the global market during the forecast period

The polyurethane dispersion market has been segmented based on types into solvent-free and low solvent systems. Among these types, the solvent-free segment accounted for the largest share of the market in 2018 and is likely to witness significant growth over the forecast period. The growth in this segment is attributed to its increasing in various application such as paints & coatings due to its excellent mechanical & physical properties and low VOC content. These factors are expected to drive demand during the forecast period.

Paints & coatings segment expected to hold the largest market share during the forecast period

Paints & coatings application is growing rapidly owing to the rising demand for PUD-based coatings in automotive and construction on account of its excellent abrasion resistance and low VOC content. Furthermore, PUD-based paints & coatings exhibit exceptional crosslinking properties, which helps in preventing water and chemical from reaching the substrate. These factors are expected to drive the demand for polyurethane in paints & coatings application.

APAC is expected to record the highest growth rate during the forecast period

APAC is expected to have the highest growth rate during the forecast period, due to the increasing usage of polyurethane dispersion in various end-use applications such as paints & coatings, and adhesive & sealants which are consumed in massive quantities by the automotive and construction industries. China, India, Japan, and South Korea provide enormous opportunities for the polyurethane dispersion market due to the presence of a large manufacturing sector. On the other hand, North America is projected to hold the second-largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the PUDs marketplace.

By Company Type - Tier 1: 30%, Tier: 40%, and Tier 3: 30%
By Designation - C Level: 30%, Managers: 50%, Others : 20%
By Region – APAC: 40%, Europe: 30%, North America: 10%,Middle East & Africa: 10% and South America: 10%

The polyurethane dispersion market comprises major solution providers, such as Dow Chemical Company (US), BASF SE (Germany), Mitsui Chemical Inc. (Japan), Covestro AG (Germany), Huntsman Corporation (US), Lubrizol Corporation (US), Cytec Solvay Group (Belgium), Perstorp AB (Sweden), Chase Corporation (US), Lanxess AG (Germany), Lamberti SPA (Italy), Rudolf GMBH (Germany), and Alberdingk Boley GmbH (Germany). The study includes an in-depth competitive analysis of these key players in the PUDs market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report covers the polyurethane dispersion market based on type, application, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall PUDs market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • REGIONS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • KEY DATA FROM PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE POLYURETHANE DISPERSIONS MARKET
    • POLYURETHANE DISPERSIONS MARKET, BY REGION
    • APAC: POLYURETHANE DISPERSIONS MARKET, BY COUNTRY AND APPLICATION, 2018
    • POLYURETHANE DISPERSIONS MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC OVERVIEW
      • Table REAL GDP GROWTH, 2014-2019
  • POLYURETHANE DISPERSIONS MARKET, BY TYPE
    • INTRODUCTION
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
    • SOLVENT-FREE POLYURETHANE DISPERSIONS
      • INCREASING DEMAND FROM VARIOUS END-USE APPLICATIONS TO DRIVE THE SOLVENT-FREE POLYURETHANE DISPERSIONS MARKET
        • Table SOLVENT-FREE POLYURETHANE DISPERSIONS MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
        • Table SOLVENT-FREE POLYURETHANE DISPERSIONS MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
    • LOW-SOLVENT POLYURETHANE DISPERSIONS
      • LOW-SOLVENT POLYURETHANE DISPERSIONS PERFORM BETTER THAN SOLVENT-FREE POLYURETHANE DISPERSIONS, BUT THE VOC REGULATIONS IN MAJOR ECONOMIES RESTRICT THE USE OF VARIOUS SOLVENTS
        • Table LOW-SOLVENT POLYURETHANE DISPERSIONS MARKET SIZE , BY REGION, 2017-2024 (USD MILLION)
        • Table LOW-SOLVENT POLYURETHANE DISPERSIONS, MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
  • POLYURETHANE DISPERSIONS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • PAINTS & COATINGS
      • OWING TO IMPRESSIVE RESISTANCE TO CORROSION, ABRASION, AND EXCELLENT MECHANICAL PROPERTIES, POLYURETHANE DISPERSIONS ARE PREFERRED FOR PAINTS & COATINGS
        • Table POLYURETHANE DISPERSIONS MARKET SIZE IN PAINTS & COATINGS, BY REGION, 2017-2024 (USD MILLION)
    • ADHESIVES & SEALANTS
      • INCREASING DEMAND FROM END-USE INDUSTRIES TO FUEL THE GROWTH OF MARKET IN THIS SEGMENT
        • Table POLYURETHANE DISPERSIONS MARKET SIZE IN ADHESIVES & SEALANTS, BY REGION, 2017-2024 (USD MILLION)
    • LEATHER FINISHING
      • INCREASING USE OF LEATHER FOOTWEAR AND HANDBAGS IS BOOSTING THE DEMAND FOR POLYURETHANE DISPERSIONS
        • Table POLYURETHANE DISPERSIONS MARKET SIZE IN LEATHER FINISHING, BY REGION, 2017-2024 (USD MILLION)
    • TEXTILE FINISHING
      • DEMAND FOR POLYURETHANE DISPERSIONS IN TEXTILE FINISHING IS INCREASING, OWING TO THEIR EXCELLENT PHYSICAL AND MECHANICAL PROPERTIES
        • Table POLYURETHANE DISPERSIONS MARKET SIZE IN TEXTILE FINISHING, BY REGION, 2017-2024 (USD MILLION)
    • OTHERS
      • Table POLYURETHANE DISPERSIONS MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017-2024 (USD MILLION)
  • POLYURETHANE DISPERSIONS MARKET, BY REGION
    • INTRODUCTION
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY REGION, 2017-2024 (USD MILLION)
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY REGION, 2017-2024 (KILOTON)
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
      • Table POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • APAC
      • Table APAC: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table APAC: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table APAC: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table APAC: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
      • Table APAC: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • CHINA
        • Table CHINA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • INDIA
        • Table INDIA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • JAPAN
        • Table JAPAN: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • THAILAND
        • Table THAILAND: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • EUROPE
      • Table EUROPE: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table EUROPE: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table EUROPE: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table EUROPE: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
      • Table EUROPE: POLYURETHANE DISPERSION MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • GERMANY
        • Table GERMANY: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • ITALY
        • Table ITALY: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • SPAIN
        • Table SPAIN: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • FRANCE
        • Table FRANCE: POLYURETHANE DISPERSIONS MARKET SIZE, APPLICATION, 2017-2024 (USD MILLION)
      • UK
        • Table UK: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • TURKEY
        • Table TURKEY: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: POLYURETHANE DISPERSIONS MARKET SIZE, TYPE, 2017-2024 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table NORTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
      • Table NORTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • US
        • Table US: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • MEXICO
        • Table MEXICO: POLYURETHANE DISPERSIONS MARKET SIZE, APPLICATION, 2017-2024 (USD MILLION)
      • CANADA
        • Table CANADA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2017-2024 (KILOTON)
      • Table MIDDLE EAST & AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2017-2024 (KILOTON)
      • Table MIDDLE EAST & AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • UAE
        • Table UAE: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2017-2024 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2019-2024 (USD MILLION)
      • Table SOUTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY COUNTRY, 2019-2024 (KILOTON)
      • Table SOUTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2019-2024 (USD MILLION)
      • Table SOUTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY TYPE, 2019-2024 (USD MILLION)
      • Table SOUTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2019-2024 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2019-2024 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2019-2024 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: POLYURETHANE DISPERSIONS MARKET SIZE, BY APPLICATION, 2019-2024 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING OF KEY PLAYERS
    • COMPETITIVE SCENARIO
      • EXPANSION
        • Table EXPANSION, 2015-2018
      • NEW PRODUCT DEVELOPMENT
        • Table NEW PRODUCT DEVELOPMENT, 2015-2018
      • JOINT VENTURE
        • Table JOINT VENTURE, 2015-2018
  • COMPANY PROFILES
    • BASE SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUI CHEMICALS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DOW
      • BUSINESS OVERVIEW
      • RODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HUNTSMAN CORPORATION
      • BUSINESS OVERVIEW
      • RODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • COVESTRO AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CYTEC SOLVAY GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • LUBRIZOL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • LANXESS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PERSTORP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • CHASE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ALBERDINGK BOLEY GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • ADDITIONAL COMPANIES
      • LAMBERTI SPA
      • RUDOLF GMBH
      • HAUTHWAY CORPORATION
      • STAHL HOLDING B.V
      • BOND POLYMERS
      • DSM
      • DIC CORPORATION
      • REICHHOLD
      • SANYO CHEMICAL INDUSTRIES, LTD.
      • ADEKA CORPORATION
      • VCM POLYURETHANES PVT LTD.
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook