Polyurethane dispersions are materials that are used as binders and consist of water and a dispersed plastic that belongs to the polyurethane class of chemicals. Polyurethane is an important material that is used in paints and coatings. It consists of water and a dispersed plastic that belongs to the polyurethane class of chemicals. Polyurethanes are mainly used as binders in various applications. They are also used as a raw material in the production of various technology products.
Market Analysis and Insights: Global Polyurethane Dispersions Market
Due to the COVID-19 pandemic, the global Polyurethane Dispersions market size is estimated to be worth US$ 2180 million in 2022 and is forecast to a readjusted size of US$ 2758.4 million by 2028 with a CAGR of 4.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Water-based Polyurethane Dispersions accounting for % of the Polyurethane Dispersions global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Coatings segment is altered to an % CAGR throughout this forecast period.
The water-based PUDs are projected to be the largest and fastest-growing type of polyurethane dispersions between 2018 and 2023. The water-based PUDs are of great importance due to their extraordinary characteristics of containing lower levels of volatile organic content (VOC). Further, water-based PUDs are versatile and environmentally friendly coating materials that are available in a wide range of film hardness and solid content.
Global Polyurethane Dispersions Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyurethane Dispersions Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Water-based Polyurethane Dispersions
Solvent-based Polyurethane Dispersions
Segment by Application
Coatings
Adhesives & Sealants
Synthetic Leather Production
Fiber Glass Sizing
Others
By Company
Bayer
DSM
Lanxess
Lubrizol
BASF
Alberdingk Boley
Hauthaway
Stahl
Mitsui
UBE
DIC
Reichhold
Wanhua Chemical
Dow Chemical
SiwoChem
SNP
Chase
VCM Polyurethanes
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina